Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
One dangerous misconception is thinking that the term “great economy” has the same criteria for them as it does for us. On their end this economy is great for corporate profits and creating individual debt. So yeah they’re happy. Our definition of great economy is the exact opposite because we’re on opposite ends of the economic spectrum.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.
Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself
I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
That makes a lot of sense. To be on the safer side and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they’re better equipped at understanding market patterns/movements and adjusting portfolio to match up with these market trends
There are many independent advisors to choose from. But I work with Melissa Elise Robinson and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
I've learned from my past mistakes to avoid basing market decisions on hearsay and rumors. I had worthless investments in 2020 until I redesigned my portfolio with an advisor's assistance. Since then, irrespective of market conditions, I've increased $450k in two years. It all depends on your point of view.
Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for sharing, I must say she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled
Jasparet I want to thank you very very much. Paid off all my credit card debt, only spend what I have, cut out unnecessary expenses, shop at dollar store. I can sleep in peace without credit card harassing me. Please keep educating us. Thank you!
Reading the GDP is miss leading. Yes spending is up but it’s not really helping the economy. Most spending is government spending and what the government is spending it on. Government sending money for other countries is NOT helping the the US economy. It puts money in the country that receives the money.
Compound interest can work for you or against you. At some point that snowball rolling downhill becomes an avalanche. It's great when it's your brokerage account after years of saving and investing. It's gut churning when it's debt after decades of deficit spending.
You said a recession was when we have two quarters of negative GDP growth. In the recent past the definition of a recession was a when GDP declines for two quarters. In other words when GDP was at or below trend growth. So going by that definition we've been in a recession since 2006.
@@dylanneely91 For the same reason they change other economic indicators. To paint the prettiest picture possible. You don’t get reelected by telling the truth. Like Henry Ford once said, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Read that long ago and had to know what he meant by that.
July 28, 2022 is when we had two consecutive negative GDP growth quarters. So, basically been walking in the rain for the past year and just now realizing you are wet.
@@Newlinjim too much. Not defending it. It’s artificial. It made sense to spend some to avoid a recession but what was spent was more than double needed. It’s till going and needs to be stopped asap. I just hope people understand it coin toss for who’s job.
Thank you, thank you, thank you. I've been wading through hundreds of nonsense articles about how not to believe what you see with your own eyes, "it's not the economy, it's you", "why you're wrong about the economy", and long-winded videos not saying much to find concise, accurate data about what's really happening. I sooo appreciate your informative and factual video! ❤
Since this is the biggest financial challenge according to adults, what can you do to make sure inflation doesn't completely destroy your retirement savings?
@@Frannieville I don't cook the grapes with cabbage , just something to munch on... but iron skillet and salt pepper garlic onion. toss in some mashed potatoes and you have colcannon. good stuff.
I have friends that will wait til the ship goes over the falls before changing lifestyle vs cutting back before the falls. Some people more proactive others reactive. All is good until it is not. Our government works reactive. Inflation only transitory let’s keep spending
I've heard that the government has been growing, which makes the economy appear to grow. But that's not really growth. What if the government growth is factored out?
Groceries and Gas pump prices aren’t lying.. Economy sucks Taxpayers money to foreign countries and Illegals. The working class has to make more taxes, work hard and harder to be successful .And the government punishes you make no sense.
No, companies are making money. The worker pay isn't keeping up, gotta up skill or change jobs. Peole are still paying ath for houses and vehicles. So what if people can't retire, they still gonna consume
This js not an expensive year for gas when you look back 20 years. Oil production is up. The elephant in the room like the video mentions is government spending that Obama hit a new record, Trump spent even more and now Biden is the worst.
@@frankpinter9508 But elites are utilizing markets to crush small businesses as they don't provide the same taxable income that the big ones do. Its easier for elites to allow for the insects to become tribal than to improve their situation. Why would you work for 15 bucks an hour? Its a waste to even work a regular job making that little unless you are 16-20 years old or part time.
@@rik9833 My guy I’m with you. I had to pull mine out of the dirt but I can understand the plight and empathize with that you’re going through. I’m watching the goal post move on me and despite the amount of work I do, to find out it’s not enough is frustrating. Most people think everyone is asking for a handout when in actuality most just want someone in power to understand and recognize that the average citizen is getting squeezed in both sides and are playing into a game that as never designed for them to work. You cant work yourself into prosperity.
Holding cash is more dangerous. Buy gold instead. To me, it is a perfect market for stocks right now, but stock market is not for everyone. Since you bought bonds, I assume that you are more conservative with money. Then holding gold is safer for you now. Just my two cents.
Jaspreet I have begun to implement the 75/15/10 rule in my life! Recurring investments and savings are now in place! Thank you for your wisdom and life experience!!❤🎉
We have a graduated or progressive income tax structure. The tax rate increases as income increases. Therefore inflation results in a bigger % of income being paid in taxes. Inflation is also a tax on a tax.
Gold reflects devalued dollar at $2300/ounce. BRICS nations, opec developing own reserve currency based on gold. Costco selling out of gold intermittently. Sold 100 million last quarter.
Well I'd say that you should counter emotions as an indicator and BUY the fear and buy the panic... so yes you should act on it but not impulsively and emotionally
Thank you Jaspreet for another amazing video. I started following your channel not so long ago and just suscribed both for the channel and market briefs. Looking forward to learning more with this amazing content!
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
Stop buying houses and stop renting houses force the price down! But keep buying products to keep the economy running! Stop taking vacations and the price for hotels will drop fast
You can manipulate the numbers and make it confusing so as long as you look at the right numbers anyone can argue their point of view. I know as here in wisconsin one of the things is we will powder the milk and warehouse it depending on milk prices and i see that with corn but i only know first hand about the milk
Wall Street is looking at the stock market indices and say they are at or near record highs, so they say the country is doing well. Most of the gains in stocks can be cited to less than 10 stocks and most of that is due to AI. The wealthy upper 20% have their assets in stocks and real estate and most real estate is still producing income for these upper 20%. Contrary, the bottom 20% are completely out of money and are in desperate straits if not out on the street. The middle 50% are struggling and have just run out of savings and are hitting their credit card limits and many have resorted to buy now/pay later. As prices stay high, incomes declining versus inflation things will only get worse until it breaks.
Uber eats is still being used… chipotle had a record 50-1 split…pizza places in my area are at record sales…people are still running through the drive through… and people are still going on vacation. People are still buying their coffees, beers and cigarettes… The economy is fine and inflation isn’t the reason people are broke.
So, what I’m hearing is that the GDP figure is increased by inflation and by government spending. The statistic we are using to justify that the economy is in great shape is inflatable by bad government financial decisions. Isn’t this the classic “I can’t be broke, I still have checks left” justification?
Buy gold stocks….look for Q2 blockbuster earnings with high gold prices…gold stocks will skyrocket and not to mention interest rates coming down further fueling prices!!
Hey friend! Do you have any advice for an algorithm trader who spent his entire life on welfare with no financial education other than good entries/discipline/money management? 😅
The Federal government has an additional source of revenue from leasing mineral rights on Federal and offshore land. This generates approximately $18 billion dollars a year in revenue. While not a great deal compared to the debt, but it is not nothing either. Now how the money is used is another topic all together. Just wanted to clarify, the Federal government does have an additional revenue stream. Also, I would argue that taxes are not a stream of revenue, but a confiscation of assets. Revenue is generated from actually producing something or providing a service, which the Federal does not do.
You need to understand the economic indicators and definitions, then see what the government does. One example is employment. Entitlements are counted as income, so someone getting TANIF is considered employed with an income. GDP is also a slippery slope. People aren't buying more, they're spending more on necessities. Lenders are not foreclosing on any VA loans in default
Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet
WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I’ve been on this earth long enough to know we are in a recession and it’s been covered up by same people who have caused it. PERIOD
Exactly 💯
Here’s the problem with that thinking: inflation. A recession cannot happen with inflation as high as it has been the last few years.
Exactly 💯.
A recession would cost price drops , inflation is when their is to much money and rn inflation is very high
Oh gesh, another conspiracy theorist.
I have NEVER had financial wisdom explained so simply and eloquently. I just love Jaspreet 👍🏻
No diddy lol
One dangerous misconception is thinking that the term “great economy” has the same criteria for them as it does for us. On their end this economy is great for corporate profits and creating individual debt. So yeah they’re happy. Our definition of great economy is the exact opposite because we’re on opposite ends of the economic spectrum.
This. The economy is more like the “economy.” The people’s economy for those of us who make under 200K is what really matters.
Businesses are closing their doors over night because it’s such a great economy!
And many more businesses are moving in and opening up shop. Context is key. You can't cherry pick data points
Proof? Jobs keep going up, so please cite sources.
@@jamessmith-hs7ifAre you stupid? Government jobs and part time work??
@@jamessmith-hs7ifpart time jobs are going up not full time
@@jamessmith-hs7if part time and government jobs (temporary jobs) are up yes. Manufacturing is tanked.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.
Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself
I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
That makes a lot of sense. To be on the safer side and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they’re better equipped at understanding market patterns/movements and adjusting portfolio to match up with these market trends
There are many independent advisors to choose from. But I work with Melissa Elise Robinson and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
I've learned from my past mistakes to avoid basing market decisions on hearsay and rumors. I had worthless investments in 2020 until I redesigned my portfolio with an advisor's assistance. Since then, irrespective of market conditions, I've increased $450k in two years. It all depends on your point of view.
This sounds very incredible. Could you recommend who you work with please
Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for sharing, I must say she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled
Jasparet I want to thank you very very much. Paid off all my credit card debt, only spend what I have, cut out unnecessary expenses, shop at dollar store. I can sleep in peace without credit card harassing me. Please keep educating us. Thank you!
🎉🎉🎉🎉🎉🎉
Watch it at the Dollar Store. Sometimes, their prices are higher than the regular grocery stores.
Props!
Reading the GDP is miss leading. Yes spending is up but it’s not really helping the economy. Most spending is government spending and what the government is spending it on. Government sending money for other countries is NOT helping the the US economy. It puts money in the country that receives the money.
Muchas gracias por todos tus videos!!
Compound interest can work for you or against you. At some point that snowball rolling downhill becomes an avalanche.
It's great when it's your brokerage account after years of saving and investing.
It's gut churning when it's debt after decades of deficit spending.
You said a recession was when we have two quarters of negative GDP growth. In the recent past the definition of a recession was a when GDP declines for two quarters. In other words when GDP was at or below trend growth. So going by that definition we've been in a recession since 2006.
When did the definition change? My gut says '08 is a safe bet
@@dylanneely91 For the same reason they change other economic indicators. To paint the prettiest picture possible. You don’t get reelected by telling the truth. Like Henry Ford once said,
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Read that long ago and had to know what he meant by that.
No there was one in 2020 as well that was short.
Democrats changed the meaning in bidens presidency. Check the receipts
I definitely think we're already in a recession, for sure
Someone always does think that.
We are. We have been for a while. The big dog investors changed their strategies over a year ago.
It feels like a depression
@@dylanmulvaney9912 You’ve lived through a depression before? You must be pretty old! 😂
Stock market definitely agrees 😂
Great videos. So good how you explain how it really is. Instead of the media
I'm for deflation!
July 28, 2022 is when we had two consecutive negative GDP growth quarters. So, basically been walking in the rain for the past year and just now realizing you are wet.
They literally came out and claimed that wasn't the definition of recession anymore. People just eat it up because it's what they want to hear
@@andrewcarlson2178
They also changed the definition of vaccine and people didn't care either.
It went positive after
@@falcorzed and how much $$ did the Treasury flood into the economy to achieve that?
@@Newlinjim too much. Not defending it. It’s artificial. It made sense to spend some to avoid a recession but what was spent was more than double needed. It’s till going and needs to be stopped asap. I just hope people understand it coin toss for who’s job.
Thank you Jaspreet! 🙏🙏🙏🙏
Thank you, thank you, thank you. I've been wading through hundreds of nonsense articles about how not to believe what you see with your own eyes, "it's not the economy, it's you", "why you're wrong about the economy", and long-winded videos not saying much to find concise, accurate data about what's really happening. I sooo appreciate your informative and factual video! ❤
Love all the content, i feel like i absolutely cant miss a single video
Since this is the biggest financial challenge according to adults, what can you do to make sure inflation doesn't completely destroy your retirement savings?
Do what you want... It's your money.. It's your investments.. you know your situation better than others
it's probably not enough of a move up yet but i checked on the person you recommend great reveiw on her
going to be a little bit longer of a breathing period or breather at least before we're looking at any kind of you know crazy conditions again
Problem with retirement, if your income goes up because of withdrawals or other income, IRMA taxes on Medicare go up.
I got a cabbage, the cheapest bacon and some grapes yesterday. a few cents short of $25 ....
yah strong economy for sure.
How do you cook the cabbage, grapes and bacon? Boiling, fried, baked? What spices do you add?
I went to buy an ounce of gold, and the was tripple the price thanks to Trump.
@@Frannieville I don't cook the grapes with cabbage , just something to munch on...
but iron skillet and salt pepper garlic onion.
toss in some mashed potatoes and you have colcannon. good stuff.
@@mikeyrose4183 well you getting ripped off then, current spot is about $2300 vs
vs $1500 in dec of 2019
@@AlaskanInsights thank you.
Fantastic, clearly explained, great video! Thanks!
Next year will be scary 😨
Biden has destroyed our country.
does the world make it that far ??
@@blakebortles6098yes we havent got to the point where we start eating our pets
Interesting is more of what it will be
@@blakebortles6098RIGHT!?
I have friends that will wait til the ship goes over the falls before changing lifestyle vs cutting back before the falls. Some people more proactive others reactive. All is good until it is not. Our government works reactive. Inflation only transitory let’s keep spending
You and Dr. Thomas Sowell are AWESOME Teachers ❤❤😊
I've heard that the government has been growing, which makes the economy appear to grow. But that's not really growth. What if the government growth is factored out?
Ain’t nobody having that conversation….
Groceries and Gas pump prices aren’t lying.. Economy sucks
Taxpayers money to foreign countries and Illegals.
The working class has to make more taxes, work hard and harder to be successful .And the government punishes you make no sense.
No, companies are making money. The worker pay isn't keeping up, gotta up skill or change jobs. Peole are still paying ath for houses and vehicles. So what if people can't retire, they still gonna consume
This js not an expensive year for gas when you look back 20 years. Oil production is up. The elephant in the room like the video mentions is government spending that Obama hit a new record, Trump spent even more and now Biden is the worst.
@@frankpinter9508 But elites are utilizing markets to crush small businesses as they don't provide the same taxable income that the big ones do. Its easier for elites to allow for the insects to become tribal than to improve their situation. Why would you work for 15 bucks an hour? Its a waste to even work a regular job making that little unless you are 16-20 years old or part time.
GDP needs to be measured by subtracting government spending and subtracting Federal Reserve asset balance, it isn’t great.
Thanks for the info! This "reporting" makes me curious how and what spending is being tracked.
Since no one is coming to save us, I guess I'll save myself and get my butt back to work then...
Hard to go work when it's super hard to land a job
@@rik9833you got this! Within each of us is something someone else needs.
Why did you stop in the 1st place?
@@nonexistent5030 Oh I didn’t, I’m writing this FROM WORK, as we speak.
Can’t go back to work when you never leave work.
@@rik9833 My guy I’m with you. I had to pull mine out of the dirt but I can understand the plight and empathize with that you’re going through. I’m watching the goal post move on me and despite the amount of work I do, to find out it’s not enough is frustrating.
Most people think everyone is asking for a handout when in actuality most just want someone in power to understand and recognize that the average citizen is getting squeezed in both sides and are playing into a game that as never designed for them to work.
You cant work yourself into prosperity.
Economy is growing because of government debt. Does your net worth increase when you borrow money and put it in the bank?
I sold my usa bonds i don't have faith at the moment
Holding cash is more dangerous. Buy gold instead.
To me, it is a perfect market for stocks right now, but stock market is not for everyone. Since you bought bonds, I assume that you are more conservative with money. Then holding gold is safer for you now.
Just my two cents.
@@britneythaoI bought gold and invested in the VTI with the same amount, 10 yr later, I sold all my gold with 25% profit while my VTI gain 400%…
Thank you for not being a fear mongering you tuber but, being a little more grounded and steady!
Absolutely insane, really insightful video
If they can just print it, then they can stop taking my money. System is broken its comical at this point.
Great explanation
Thanks for the video. It's interesting. I like to rely on numbers and data. Yes, fear also can be a reason for recession. Again thanks for the video
Sat Shri Akal. You have made some very cogent points about judicious financial behaviour.
Thank you Jaspreet, we want more this type of videos.
Jaspreet I have begun to implement the 75/15/10 rule in my life! Recurring investments and savings are now in place! Thank you for your wisdom and life experience!!❤🎉
LET'S GO!!!!!!!!
This was an awesome explanation of the financial situation in the US
Thank you!
The difference between a recession and a depression is this when my neighbor loses his job its a recession when I lose my job its a depression
We have a graduated or progressive income tax structure. The tax rate increases as income increases. Therefore inflation results in a bigger % of income being paid in taxes. Inflation is also a tax on a tax.
Well said Jaspreet !! Looking at the flow of money. Which sectors are growing and what are the projections for those growing sectors ?
Good morning Jaspreet. I read a book called "the creature from Jekyll Island" . I don't know if you have read it but, wanted to get your take on it.
Jaspreet has already endorsed this great book as one of his favourites amongst others in previous videos
I really appreciate that. I didn't know that he did. Thank you
I wish we had this man lecture us in high school about economics.
I like how you set that intro up
Third person car insurance ponsei , bargain if use third party to compare
Gold reflects devalued dollar at $2300/ounce. BRICS nations, opec developing own reserve currency based on gold. Costco selling out of gold intermittently. Sold 100 million last quarter.
Gold is being mined intermittently lmao. Ever heard of Nevada or Alaska. These doomrrs are lol 😂
I have a quick question. Who do the interest payments go to?
Thanks Jaspreet , from the UK. Great educational videos.
Best random guy on youtube! I can understand finances, thank you! Jaspreet just rocks!
What about the story that's saying there's 47trillion dollars borrowed against realestate in America alone?
Just know what and when to buy, easy
Uncommon opinion: the 2008 crisis is still ongoing, and the pandemic only exacerbated it.
Thanks for the unbias update, Jaspreet
Well I'd say that you should counter emotions as an indicator and BUY the fear and buy the panic... so yes you should act on it but not impulsively and emotionally
Thank you Jaspreet for another amazing video. I started following your channel not so long ago and just suscribed both for the channel and market briefs. Looking forward to learning more with this amazing content!
Thanks, for sharing this knowledge
Take care Jaspreet
✌️
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
Stop buying houses and stop renting houses force the price down! But keep buying products to keep the economy running! Stop taking vacations and the price for hotels will drop fast
It's not the size of the economy, it's how you use it..
Good perspective
You can manipulate the numbers and make it confusing so as long as you look at the right numbers anyone can argue their point of view. I know as here in wisconsin one of the things is we will powder the milk and warehouse it depending on milk prices and i see that with corn but i only know first hand about the milk
Always enjoying your vids :)
Can you do a video on NIO stock
Jaspreet paji can you please teach me how to option trade? I really need that right now badly!! 🙏
What if we stopped funding foreign wars and cut all international aid in half? How quickly could we pay off our debt?
If you take into consideration underfunded obligations. About 300 years.
@@RonaldSkancke what are some good examples of underfunded obligations? Maybe the VA?
Bring me some cheap asset opportunities! Im ready!!!
I never understood how printing money created inflation. This was very informative
So I have Roth ira. What would be a better way to invest my funds?
A ROTH IRA is a tax heading denoting a specific type of account. It is not an actual investment but how the investment is held.
Just take out borrowing for the deficit AND WE ARE NEGATIVE.
Hi,
can you let me know where to find the lowest prices for the houses when the houses prices went down.
Probably Mississippi or Louisiana.
Great content 🔥
Wall Street is looking at the stock market indices and say they are at or near record highs, so they say the country is doing well. Most of the gains in stocks can be cited to less than 10 stocks and most of that is due to AI. The wealthy upper 20% have their assets in stocks and real estate and most real estate is still producing income for these upper 20%. Contrary, the bottom 20% are completely out of money and are in desperate straits if not out on the street. The middle 50% are struggling and have just run out of savings and are hitting their credit card limits and many have resorted to buy now/pay later. As prices stay high, incomes declining versus inflation things will only get worse until it breaks.
Well, the monies US makes on the lottery should be able to pay off most debts.
Why would I be concerned about government debt?? I pay taxes, I pay insurance!! Government has to find solution, I can’t help…
GREAT vid! Thank you!
This guy would make a great president who speaks so intelligently and understands the financial system.
Taxes will go up no matter who wins. That will reduce disposable incomes even more.
The strongest economy in the world is a completely different thing than the strongest economy of all time
LOL…right you are!
Uber eats is still being used… chipotle had a record 50-1 split…pizza places in my area are at record sales…people are still running through the drive through… and people are still going on vacation. People are still buying their coffees, beers and cigarettes…
The economy is fine and inflation isn’t the reason people are broke.
Solid breakdown ❤
So, what I’m hearing is that the GDP figure is increased by inflation and by government spending. The statistic we are using to justify that the economy is in great shape is inflatable by bad government financial decisions. Isn’t this the classic “I can’t be broke, I still have checks left” justification?
Buy gold stocks….look for Q2 blockbuster earnings with high gold prices…gold stocks will skyrocket and not to mention interest rates coming down further fueling prices!!
Hey friend! Do you have any advice for an algorithm trader who spent his entire life on welfare with no financial education other than good entries/discipline/money management? 😅
Doesn't mean much, but we're on par or better than a lot of other countries. That's a really low bar.
The wall will be hit soon
I also subscribe cause you added it at the end it’s super annoying when TH-camrs ask at jump street 😂
Great Content
What happens when you divide the gdp with the population?
You get per capita GDP.
The Federal government has an additional source of revenue from leasing mineral rights on Federal and offshore land. This generates approximately $18 billion dollars a year in revenue. While not a great deal compared to the debt, but it is not nothing either. Now how the money is used is another topic all together. Just wanted to clarify, the Federal government does have an additional revenue stream. Also, I would argue that taxes are not a stream of revenue, but a confiscation of assets. Revenue is generated from actually producing something or providing a service, which the Federal does not do.
Yes, 35 T in debt but let’s add unfunded liabilities. Now, it’s 200 T.
You never hear politicians talking about this.
GROY TMC and AG 🚀🚀🚀
What’s up with the low res camera?
When economy shrank from Covid the economy was still stimulated vs cutting back? Why?
Economy artificially buoyed until it’s not
You need to understand the economic indicators and definitions, then see what the government does. One example is employment. Entitlements are counted as income, so someone getting TANIF is considered employed with an income. GDP is also a slippery slope. People aren't buying more, they're spending more on necessities. Lenders are not foreclosing on any VA loans in default
I have plenty of loan i pay for it reguarly . Its sucks when i heared student loan and if they cannot pay government pay for it ..
They say that but what they should say is you pay your loan and theirs too.