Because today it is all fake and made up b.s. The uniqueness of products is long gone. The imagination is all but vanished. The human race is divided and lost, and there is no present leadership at this time to change this for the better.
henry ford wasn't dealing with a government devaluing the currency and running inflation high by taking on massive, unsustainable debt, so not a fair comparison son
I spent money on Black Friday and today, Cyber Monday, but spent on things we need, essentials on sale, not gifts. Thanks as always for all the info guys!
I just wanna know what these big publicly traded corporations know amongst themselves that the public doesn't, about the economy. The executives and the Board knows SOMETHING that the public doesn't. Why are they all laying off simultaneously????
When these robots break down that will be the challenge . McDonald can’t even keep there Oreo milkshake machines working . I guess it will come down to how reliable and how many techs you will need to fix equipment when down
I love the grounded reality of this channel!!! *If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation*
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Wen. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
💜💜It's happening in Canada, the store last week had no cashiers operating the checkouts. Self checkout was the only option and 4 out of 12 of those checkouts were out of order. I believe we are all in for some planned hardships. Nevermind the flood issues huge ice and snow storms globally are crippling transportation of all types of services as we speak. All a part of a future where deep state can have complete control of every aspect of our lives. Stay united my friends. Show no fear, its what they want. 💜💜
It’s a lesson … people shop online..meaning ‘no cashiers’ ….online shopping is why there are no stores, no employees …. most of the crap bought online is from CHINA and people don’t blink an eye paying 10 to 30, 40 dollars for shipping…yet complain when the dollars stores raise prices by .25 cents
@@cindyhefferman2605 One day all it will be is big corporations running the big outlets for online delivery only. No more Mom and Pop stores altogether. They can refuse business, quantity and more. Thanks for the reply my friend. God Bless
Housing is off the wall in Canada, wages are ridiculously low. Regular fuel is $6.39 a gallon and food prices hsve doubled. Middle class living is obsolete, there are two classes, low income and wealthy. If you dont fit into either category your on welfare then onto the street homeless. Sad reality how many people are homeless in this day and age.
This economy is honestly comical at this point. Lay everyone off, money dries up, companies fold. Every company is basically putting themselves out of business
A good future topic related to your property tax discussion many assessors hired are neither appraisers following USPSP or subject to any regulatory licensing requirements. When an actual appraiser contests an assessment with the County these assessors can file a complaint with the State Appraisal board against the appraiser. Federal law makes all llicensed appraisers subject to State oversight and ANyONE can file a complaint against them.
I got. 5 New credit cards and went Christmas shopping . Will end up like federal govt and be in debt when I die . Oh well best to owe a million and be happy then have a million and be miserable life is a game play it like our govt does 3:03
Walmart is already heavily understaffed how are they selling things when they are making it less efficient not more efficient. Plus lots of wasted equipment because they have no staff as it is
The current unemployment rate is already high. Besides the big companies, government of USA and Canada are both planning to have massive lay off of public servants. These are the worst news of all as it cuts the livelihood of more and more families. Under such an economic environment, more middle classes are falling into poverty helplessly.
The bubble that is going to burst and cause this whole kabuki theater to come crashing down is all this investment in automation and unvestment in human stock. Unfortunately, humans as a whole aren’t expendable. The real moral question is, do these companies truly believe automation > human ability or are they just that money hungry and greedy that they only care about revenue for the next 10 years maybe?
Actually, the scavs (scavengers) (you can't call them "elites", and predators go after worthy prey, not the sick, weak, vulnerable, helpless) have made it clear EVERY human except them is expendable. I'm in canada, where m.a.i.d. is being extremely heavily pushed on healthy people. Like me. We are the carbon they want to reduce. As in carbon based life forms.
Its all about making the Walmart billionaires richer. How many billions do you need? A rich man who made his millions on the backs of others will spend eternity in hell. Not much to look forward to there. When nobody has a job and can't afford even Walmart's products they are done. Look at the car market now that they are unaffordable.
It’s just going wayyyyyyy slow. Why can’t we increase these bankruptcies, foreclosures, and food lines. The sooner housing collapses the sooner we can get back to a normal ish environment. 🔥 housing.
We have paid salaries of every country in the world in the last 4 years. Why did we borrow trillions of dollars and raise our expenses to live here because our illegal population is about past our own . We are having to pay trillions of loan money but didn’t get any of it. Our politicians with expense accounts charges more of personal use on these accounts which is really additional salary that is taxable. But we pay this tax. Need IRS audits on company and government expense accounts. I have seen this so awful that their own office employees let it out. No secret anymore.
Perhaps Walmart is going the get rid of all incompetent DEI employees that before they couldn't. As of two days ago, Walmart said no more DEI in their workforce.
Also very simple over leverage by hedge funds by 10000 to 1 using swaps options for leverage gaming the system. Once their leverage used up a small drop will destroy them
Why not stop paying Drew Barrymore to endorse a line of home goods . Total crap, the lid of the coffee pot not fitting had to use the old lid of the old pot. And trips breaker😢
My understanding from what i have heard is that this can and will go on. The bottom line is that as long as the percentage of the amount coming due EACH and EVERY year is only a small percentage of our gdp we are fine . As long as countries and individuals continue to buy treasury bonds. Please remember the governments' budget and a household budget and credit is not the same AT ALL. Sure i would keep borrowing $$ if i almost never had to pay the principle . If i could just keep rolling it over and over . But even so if the amount of principle was paid off in small chunks at appointed times like a portion of my debt plus interes every 10 years. And what i could not pay rolled back for another 10+ years at below 10% . Most likely below 5% . Not like personal debt at 23+%. Wakey,wakey, would you give this up ? Especially when it makes you feel so benevolent giving away millions of someone elses hard earned cash ? When you can borrow and spend on other peoples $$$ . No this ship is not going to stop or blow up . As long as our country does not become unstable , and as long as people want to make interest on usury.
Order online at a discount to their own shelves and have an army of support staff providing curb service because you can't control prices or sourcing ? While inside the stores you have more produce workers than cashiers? Or watching cashiers watching the self service check out grow beyond stationary? Or an in-house training program that produces less than useless assistant management?
💜💜 Take the 15 minute Cities for instance, purely designed to herd humanity into areas that can be easily and totally controlled. At present the amount of stress & frustration that occurs in our normal rush hour commutes is going to triple. Total mayhem. The roadways and streets incapable of this design were narrowed for bike lanes. Streets now barely wide enough to safely allow for larger vehicles to travel on. Numerous unoccupied highrise apartment complexes popping up one after another, while traffic is already backed up for six City blocks 4 different times in a day. It just doesn't make sense. I noticed sign posted in front of a new highrise Seniors complex, it listed one bdrm suites for $4200. a month. Tell me how is that even doable. Even Foods & Services can't keep up with the demand for products. Seriously I can tell you right now its not a solution its an "AGENDA". One to take away our freedom and our right to choose. They must be stopped, otherwise it's only a matter of time before they take away our God given right to free will. 💜💜 God bless us sll 🙏
All I have to say is this shit is going down... All of it... Every sector... Keep your ass cheeks together because they're coming after us with decimation.
The Chinese tariffs cost more and sell less. Walmart sees what is going to happen. This looks like an upset xmas for the kids. Nothing left to buy, or it's too high. It started at the top.
USA is like a startup business after all these years of decline down right upheld by acceleration of debt. It won’t be great at the beginning. It should even hurt. We will struggle and need to sacrifice like anyone assuming this position and keep focus on the long term goals. Buckle up. The promise land is ahead and God don’t like complainers.
Thanks for sharing such valuable information! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Henry Ford knew that if he paid his workers enough money, his works would soon turn into customers. The opposite is happening these days.
Because today it is all fake and made up b.s. The uniqueness of products is long gone. The imagination is all but vanished. The human race is divided and lost, and there is no present leadership at this time to change this for the better.
Yup pretty much.
henry ford wasn't dealing with a government devaluing the currency and running inflation high by taking on massive, unsustainable debt, so not a fair comparison son
I would close everything in NJ. The state is a disastrous.
@@jeraldhite9744 moved to Texas from Jersey in 2020, so glad I did!!
It is sad that Walmart has caused most grocery and departments stores and now they will close! A## holes
I spent money on Black Friday and today, Cyber Monday, but spent on things we need, essentials on sale, not gifts. Thanks as always for all the info guys!
I just wanna know what these big publicly traded corporations know amongst themselves that the public doesn't, about the economy. The executives and the Board knows SOMETHING that the public doesn't. Why are they all laying off simultaneously????
You don’t need to hoard talent anymore.
Because of Trump's impending tariffs
These companies are doing additional mass layoffs in addition to the additional mass layoffs
With the all time high in spending on black Friday and online sales why would they lay-off?
@@DianeGriffin-k8p☝️😏
Good one! 🤣
Is this the department of redundancy department?
It's gonna be brutal next year. Be ready. Fact is, tech is also laying off massive amount of people - just got my notice today.
How long is the layoff for?
@@Unlimited0X5-10 years perhaps 😮😮
Best of luck next year
Dang! Sorry to hear that
Learn to code.
All of this makes sense, on many levels. The agenda is multi-pronged.
Don't shop Walmart.
It can never be repaid.....not possible unless bankruptcy filed
When these robots break down that will be the challenge . McDonald can’t even keep there Oreo milkshake machines working . I guess it will come down to how reliable and how many techs you will need to fix equipment when down
We never pay any debt. We are still paying interest on the 30 billion borrowed for WW1. And all debt since creating the FED.
I love the grounded reality of this channel!!!
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation*
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Wen. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do? Thank you
I will recommend Ricky Wen Investing Services to you. He is good at what he does.
Did someone just mention Mr Wen!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is
It's great to see you guys talking about Ricky Wen, This man changed the game for me. Good Man❤️
💜💜It's happening in Canada, the store last week had no cashiers operating the checkouts. Self checkout was the only option and 4 out of 12 of those checkouts were out of order. I believe we are all in for some planned hardships. Nevermind the flood issues huge ice and snow storms globally are crippling transportation of all types of services as we speak. All a part of a future where deep state can have complete control of every aspect of our lives. Stay united my friends. Show no fear, its what they want. 💜💜
It’s a lesson … people shop online..meaning ‘no cashiers’ ….online shopping is why there are no stores, no employees …. most of the crap bought online is from CHINA and people don’t blink an eye paying 10 to 30, 40 dollars for shipping…yet complain when the dollars stores raise prices by .25 cents
@@cindyhefferman2605 One day all it will be is big corporations running the big outlets for online delivery only. No more Mom and Pop stores altogether. They can refuse business, quantity and more. Thanks for the reply my friend. God Bless
Which store? BS.
@@JayTse-x7l Walmart.....
Housing is off the wall in Canada, wages are ridiculously low. Regular fuel is $6.39 a gallon and food prices hsve doubled. Middle class living is obsolete, there are two classes, low income and wealthy. If you dont fit into either category your on welfare then onto the street homeless. Sad reality how many people are homeless in this day and age.
Usual sad winter story, applaud?
See it daily !!
@@garnerjoyce606 no thanks ....
I thought walmart was doing great!?!?!?! bonkers
Me too until I went there on black Friday and realized it was in trouble
Yep
This economy is honestly comical at this point. Lay everyone off, money dries up, companies fold. Every company is basically putting themselves out of business
They are planning for worse things to come. Retailers have to invest into new or remodeled stores (like Publix & Walmart).
Utterly amazing stuff...
A good future topic related to your property tax discussion many assessors hired are neither appraisers following USPSP or subject to any regulatory licensing requirements. When an actual appraiser contests an assessment with the County these assessors can file a complaint with the State Appraisal board against the appraiser. Federal law makes all llicensed appraisers subject to State oversight and ANyONE can file a complaint against them.
I've said it before and I'll say it again: You guys ROCK!
You can't stop the way the world is moving. It doesn't matter what you hear on TV. You can either participate or be left behind.
Thaks gents.
Glad you guys are back!
113 workers isn't a "mass" layoff
@daviddavis6876 You called it.
Thank you Travis for great reports. 12/2/24 Rocket Mortgage reported $481 Million in losses. Staggering number.
Great content!
Walmart will go BANKRUPT because nobody's shopping at their stores. 😂😂😂
Omg 😱 that is absolutely bonkers 😮 I spent most of my discretionary income on food.
Yeah, I don’t think of my grocery budget as discretionary but either way-prices are too high.
Our health insurance is more than a decent house mortgage!
Lucky you.... I don't have any discretionary $$
2almart didn't have enough Christmas decor and was almost all gone before Thanksgiving. Cannot buy what they do not have. Ridiculous.
What good comes from décor from Walmart? Won't produce anything.
🌴🌴🌴. BONKERS But unfortunately in a Bad way 😢😢😢. This is definitely a huge deal. Thank you Travis. Blessings,Carlos ✝️🙏❤️😊🇺🇸
Also those that buy Walmart want lower price not faster delivery
thats the reason stock is up. less employees is more profit
I got. 5 New credit cards and went Christmas shopping . Will end up like federal govt and be in debt when I die . Oh well best to owe a million and be happy then have a million and be miserable life is a game play it like our govt does 3:03
Not possible, if they see your credit history
WELL they CANT KEEP SHELVES STOCKED AS IT IS
That percentage increase in spending translates into more loss of value for the dollar.
Walmart is already heavily understaffed how are they selling things when they are making it less efficient not more efficient.
Plus lots of wasted equipment because they have no staff as it is
Economy hasn’t been great since Clinton era. It’s been especially exponentially getting worse in the last 4 years.
The stock market is a barometer of how well the monopolies exploit their workers.
My electrician. HVAC, Carpentry work keeps me busy enough with no sighn of slowdown 😂
Same here, experience in lots of different trades, keeps me busy.
Yea u think I might do a career change and do hvac
Yeah, my daughters do HVAC, wire panels, are in studies of the NEC.
13 and 16yr old.
No more cheap china imports no more sales.
I wonder how Walmart did for black Friday?
The current unemployment rate is already high. Besides the big companies, government of USA and Canada are both planning to have massive lay off of public servants. These are the worst news of all as it cuts the livelihood of more and more families. Under such an economic environment, more middle classes are falling into poverty helplessly.
There should be mass layoffs in all forms of government. Elon laid off 80% of twitter employees and nothing happened.
The bubble that is going to burst and cause this whole kabuki theater to come crashing down is all this investment in automation and unvestment in human stock. Unfortunately, humans as a whole aren’t expendable. The real moral question is, do these companies truly believe automation > human ability or are they just that money hungry and greedy that they only care about revenue for the next 10 years maybe?
Actually, the scavs (scavengers) (you can't call them "elites", and predators go after worthy prey, not the sick, weak, vulnerable, helpless) have made it clear EVERY human except them is expendable.
I'm in canada, where m.a.i.d. is being extremely heavily pushed on healthy people. Like me.
We are the carbon they want to reduce. As in carbon based life forms.
Its all about making the Walmart billionaires richer. How many billions do you need? A rich man who made his millions on the backs of others will spend eternity in hell. Not much to look forward to there. When nobody has a job and can't afford even Walmart's products they are done. Look at the car market now that they are unaffordable.
Walmart suggests to stop ste aling from them !
Walmart, Amazon, and food warehouses are all going more automation in warehousing. Less employees and more investment in automation.
This channel is one of THE MOST IMPORTANT on TH-cam. Thanks Travis, Mitch and Melody.
Jack Gamble is with them on DNN, and NSF is awesome also!
DONT BUY FROM THEM
The guy who created "Space Force" is going to blow the sh1t out of the budget by order of his owners. Inflation will be rampant
The price of gold has already predicted this before the election.
Instead of paying work bookie for lost wagers, you should leave town.
If we don’t control deficits the consumer will go broke with inflation.
Inflation is primarily -and directly- due to record high profit margins.
Consumers are already broke !
Love your videos. Informative. Mitch is very intelligent.
I don't shop at Walmart too expensive for groceries
😮😮😮sickening. Thank you guys for your work.
Jul 29, 2024 it all began and ended. Absolutely Bonkers.
It’s just going wayyyyyyy slow. Why can’t we increase these bankruptcies, foreclosures, and food lines. The sooner housing collapses the sooner we can get back to a normal ish environment. 🔥 housing.
Meanwhile they are building a walmart next city over
That’s less than .2%…nothing “Mass” about it
I didn't spend a dime Friday or Monday either
Is More Land Being Revealed?
Auto didactic Is Antarctica heating up? More lands discovered?
Hershey Chocolate, laying off "White Collar" exec's, talk of selling .
Nooooooooo! Not my Hersheys! 😢
Retirement?
👀 on bankers!!
We have paid salaries of every country in the world in the last 4 years. Why did we borrow trillions of dollars and raise our expenses to live here because our illegal population is about past our own . We are having to pay trillions of loan money but didn’t get any of it. Our politicians with expense accounts charges more of personal use on these accounts which is really additional salary that is taxable. But we pay this tax. Need IRS audits on company and government expense accounts. I have seen this so awful that their own office employees let it out. No secret anymore.
Perhaps Walmart is going the get rid of all incompetent DEI employees that before they couldn't. As of two days ago, Walmart said no more DEI in their workforce.
Also very simple over leverage by hedge funds by 10000 to 1 using swaps options for leverage gaming the system. Once their leverage used up a small drop will destroy them
I hope the employees got that 79 percent return. Probably not.
They already knew they were going online
If all people stop working there’s not going to be any money to buy things and it will hurt them in the long run
Seeing that YOY sales are up 3.4 percent.
How much more expensive are the same items today vs 1 year ago?
I do like socks, made somewhere (?)
Why not stop paying Drew Barrymore to endorse a line of home goods . Total crap, the lid of the coffee pot not fitting had to use the old lid of the old pot.
And trips breaker😢
At 1 trillion even 1 hundred days im jumping ship at 99.99 trillion
Thank you both!
LOL the bears won't ever quit
Brilliant Discussion!
My understanding from what i have heard is that this can and will go on. The bottom line is that as long as the percentage of the amount coming due EACH and EVERY year is only a small percentage of our gdp we are fine . As long as countries and individuals continue to buy treasury bonds. Please remember the governments' budget and a household budget and credit is not the same AT ALL. Sure i would keep borrowing $$ if i almost never had to pay the principle . If i could just keep rolling it over and over . But even so if the amount of principle was paid off in small chunks at appointed times like a portion of my debt plus interes every 10 years. And what i could not pay rolled back for another 10+ years at below 10% . Most likely below 5% . Not like personal debt at 23+%. Wakey,wakey, would you give this up ? Especially when it makes you feel so benevolent giving away millions of someone elses hard earned cash ? When you can borrow and spend on other peoples $$$ . No this ship is not going to stop or blow up . As long as our country does not become unstable , and as long as people want to make interest on usury.
Order online at a discount to their own shelves and have an army of support staff providing curb service because you can't control prices or sourcing ?
While inside the stores you have more produce workers than cashiers? Or watching cashiers watching the self service check out grow beyond stationary?
Or an in-house training program that produces less than useless assistant management?
Online to curbside . Decreases theft .
Government for the sake of government? This guy is a joke. Public service jobs are like only 4% of the budget. GET RID OF EARMARKS!!
💜💜 Take the 15 minute Cities for instance, purely designed to herd humanity into areas that can be easily and totally controlled. At present the amount of stress & frustration that occurs in our normal rush hour commutes is going to triple. Total mayhem. The roadways and streets incapable of this design were narrowed for bike lanes. Streets now barely wide enough to safely allow for larger vehicles to travel on. Numerous unoccupied highrise apartment complexes popping up one after another, while traffic is already backed up for six City blocks 4 different times in a day. It just doesn't make sense. I noticed sign posted in front of a new highrise Seniors complex, it listed one bdrm suites for $4200. a month. Tell me how is that even doable. Even Foods & Services can't keep up with the demand for products. Seriously I can tell you right now its not a solution its an "AGENDA". One to take away our freedom and our right to choose. They must be stopped, otherwise it's only a matter of time before they take away our God given right to free will. 💜💜 God bless us sll 🙏
Don't know what's happening but my name isn't Gallo
Look up the new BOI law clearvalue tax, Brian Kim
All I have to say is this shit is going down... All of it... Every sector... Keep your ass cheeks together because they're coming after us with decimation.
Could you mention any pressure on Walmart, Costco, Amazon and Apple to be moving away from manufacturing in China?
How about closer to half, thirds or quartered?
Their stocks are up because people don’t have pensions anymore, and everybody is contributing to the stock market.
WALMART= K-MART!
That area is already fd, they pay nothing anyway
They are being replaced by the robots
The Chinese tariffs cost more and sell less. Walmart sees what is going to happen. This looks like an upset xmas for the kids. Nothing left to buy, or it's too high. It started at the top.
My neighbors offered some dinner,ty
The U.S. is crashing.
USA is like a startup business after all these years of decline down right upheld by acceleration of debt. It won’t be great at the beginning. It should even hurt. We will struggle and need to sacrifice like anyone assuming this position and keep focus on the long term goals. Buckle up. The promise land is ahead and God don’t like complainers.
Quit paying ceos 70 mil pay a living wage to the workers. No AI, nope, this is terrible. 😢😢😢😢
Hasbro is VTech toys?
As technology advances, humans will need to find alternative methods of exchange, as traditional currency systems may no longer be effective.
Rice, beans, bullets and cigs!
How many "Mitch" shots?
Thanks for sharing such valuable information! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
May, 2024 is a LONG time ago. This is old news, whassup?
Really 🤔
2023 notice, why not bring date up?
Lots of online shopping. Top much theft and craziness in stores now.
What are you doing reading Canadian news without saying so???? Weird journalism, guys.
Universal income ‘
A foolish idea that will never work.