1929 Like Depression By 2025 | Simon Hunt
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Timestamps:
0:00 - Simon Hunt’s 2025 Prediction
1:02 - Hunts Steps Leading To A 2025 Depression
7:32 - Gliessberg Cycle & Dustbowl decade
8:48 - Hunts Prediction Summarised
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I recently made further purchases. Saving for a market slump is also a bad idea. There are different perspectives on recessions and depressions; we cannot always expect significant rewards; and taking risks is preferable to doing nothing. The bottom line is that by diversifying your portfolio and making sensible judgments, you will accomplish exceptional outcomes. In just 5 months, my portfolio's raw earnings increased by $608k
Despite my conviction in your direction, my recent stock purchases, and the fact that I am an AMC shareholder, I have not been able to amass anything. I had been in debt for far too long before the collapse. What are the steps required in investing?
I completely agree, which is why I think it's important to delegate decision-making responsibility to an investment coach. Underperformance is essentially unimaginable given their specialized experience and education, as well as the fact that each of their skills is focused on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable events. Working with an investment coach for over two years, I've made over $1.5 million.
That is incredible! If she's this talented and has A-list skills, I'd like to speak with her. Even when I clone transactions using a MAM account, I continue to lose 20% of the time. Where can I locate her contact information?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
When the Great Depression and other huge catastrophes occurred, I used to believe that everyone went bankrupt, but they didn't... Some made millions; I also assumed that everyone closed their businesses during these times, but certain did start new ones. It all depends on your point of view; there will always be moments of prosperity for some individuals and times of depression or recession for others. My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my life savings of $200k crumble to dust.
I always found the idea of using spreadsheets very time consuming and unnecessary. I just dump a bunch of money into my savings accounts each month and keep my spending money in a separate account and try to spend as little as possible.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’COLLEEN ROSE MCCAFFERY” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
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.
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
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
After experiencing challenges, I learned two key lessons about the stock market: its role in the Great Depression and the adage that the quickest way to make a million is to start with two. Subsequently, the Great Recession reinforced these lessons. I wish I had better understood this earlier. Success in the stock market hinges on having a solid entry and exit strategy.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Indeed, many investors prioritize profits without considering the market's fluctuations. Achieving financial security demands patience and thorough market education to identify lucrative stocks. I earned over $260k in profits in Q1 of 2024 alone. Understanding the market's dynamics is key to maximizing stock market gains.
Indeed, many investors prioritize profits without considering the market's fluctuations. Achieving financial security demands patience and thorough market education to identify lucrative stocks. I earned over $260k in profits in Q1 of 2024 alone. Understanding the market's dynamics is key to maximizing stock market gains.
Indeed, many investors prioritize profits without considering the market's fluctuations. Achieving financial security demands patience and thorough market education to identify lucrative stocks. I earned over $260k in profits in Q1 of 2024 alone. Understanding the market's dynamics is key to maximizing stock market gains.
Indeed, many investors prioritize profits without considering the market's fluctuations. Achieving financial security demands patience and thorough market education to identify lucrative stocks. I earned over $260k in profits in Q1 of 2024 alone. Understanding the market's dynamics is key to maximizing stock market gains.
I contemplate whether individuals who lived through the Great Depression had it comparatively easier, as my stock portfolio has already suffered a loss of over $27k. With my stagnant reserve, I fear for the prospects of my retirement.
You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.
To be safe and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they understand better market patterns and adjusting portfolio to match up with these market trends.
This is probably what I should do. Who is your advisor, please?
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The main causes of Great Depression are human greed, stupidity and corruption. How tragic.
In otherwords the banks as usual
Nooo its all because of usa
Agenda 2030.
But it’s the one who comes to kill steal and destroy who’s the mastermind to it all.
@@FSM-1461yes agree they’ve attacked every country the thieves and no one has said a word they killed 98% civilians in Iraqi and 2% army I know this cause my father was there. Only Putin partner with China to stand to USA.
I am an older man, and I can’t tell you just now many market predictions I have seen over the years and turned out not to come to pass. Time will tell, but the best thing someone can do is just not pay attention to the noise and keep investing.
Compounded growth via reinvesting dividends over time is the best way to go. Even Warren Buffett said, why wouldn't you want to own a stock that pays you to own it?
💯
Ponzi's can last a long time but when the bottom falls out 95 percent of the participants lose everything. That's the definition of how ponzi's end in Webster's dictionary.
@@monsterpig3270 Losses can also compound.
@parkerbohnn so are you saying everything is a Ponzi scheme?
I feel so hopeless and powerless already. I have only enough money for two month's rent and I had to quit my job after they kept abusing me (working 10 hours a day without a break, 8 hours straight without a break, scheduling me closing to opening). I was so burned out I couldn't keep up with it. Was making $15 an hour, but it feels like it was nothing even when not spending barely any of it except for necessities. Even with a two-income household, we are struggling.
Well with that attitude your not going to do very well. Stop feeling bad for yourself and get a job that's not 15 an hour.
Trying f*ck?
@GNMi79 Didn't say quit your job, be smart about it and look for a job, and then quit when you have a new one. Seriously has no one done this, I had shitty jobs but always quit to make more.
Which country let me guess the good old USA where the government and mobs got rid of unions
@@wyatt9619I’m as conservative as they come, but this has absolutely no empathy man. What ever happened to just working a normal job and being able to afford a decent life. At this point if a person came a long as a war lord I’d be the first to jump along to join. Not like my 24 year old self needs sleep like a 60 plus boomer who sold my future for an extra vacation home matters to me. I can’t wait till all this boot licking shit collapse and it’s man eats man world that liberals have been pushing hard working people towards. Men ages 18-25 is a very dangerous demographic to steal from. We have youth to outrun anyone and more importantly nothing to lose from taking what we want.
It’s obvious to anyone paying attention that we are headed for something huge.
Especially America it's going third world
World War III and this time there will be more draft dodgers than in the first two World Wars combined!
I've been hearing that statement every day since 2001. On average, we "are heading for something huge" once every 15 years. Doesn't mean squat.
No we are not.
It's always funny to hear idiots say "to those who are paying attention" while they pay attention to propaganda from identity politics
Can you imagine surviving the trenches of world war one and then a decade later, having us survive the great depression, never complain in my life again
Don't forget the global Spanish Flu from 1918-1919.
And then seeing your sons go off to fight WW2
We can only find happiness and wealth in one place. 🧠 The almighty mind.
@@henrysmom1742 And then thinking your life is about to end in a nuclear war during the Cuban Missile Crisis.
No different than what we are going through now. We had Iraq, 08 crash, pandemic, now possible financial collapse.
We can't ignore the potential impact on portfolios. Bonds are often considered a safe haven, and if they crumble, investors like me might scramble. I’ve been investing for 11 yrs and my $1m portfolio has never been this depleted, how i do hedge this?
Investors embracing the idea that abruptly cooling inflation will put interest rate hikes on ice. During recessions your dividend gains or income reduces. Speaking to a certified market strategist can help with navigating this downturn.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
@@yeslahykcim impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
I'm being guided by “Leila Simoes Pinto’’ who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.
Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000
Fantastic! can u share more details?
Cant reveal much info, she is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $550k...that's like 7times more than I average on my own.
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
Heather Lee Larioni is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
I curiously looked up Heather Lee Larioni online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals
Every crash /collapse/inflation or a recession offers an equal market opportunity if you are well prepared and knowledgeable. I've seen people accumulate up to $800,000 during crises and even pull it off with ease in a bad economy. Without a doubt, the bubble or crash has made someone extremely wealthy.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Salvatore Fortunato Sofia is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
There’s too many people today waiting to do exactly that.
With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.
Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I won’t be surprised if a depression does happen in 2025
A perfect storm is brewing in the United States. Housing prices, Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund which has been sitting duck since forever with zero to no gains.
Indeed, you are correct! But on the advantageous aspect, economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
In the world of finance, recessions are prime opportunities for wealth creation. When my port-folio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 880k. The knowledge and skills I have acquired through this experience have been invaluable in my journey towards financial success.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?
My Financial adviser is ‘’Colleen Janie Towe’’ and she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
After conducting an online search of her name, her website quickly surfaced, piquing my curiosity. The initial impression is positive and I intend to arrange a call with her. I'll make sure to provide you with updates on how it goes. Thank you.
People forget roaring 20s was booming before the collapse also 2006 was booming until housing collapse.
Inflation is already higher than 1980, they just lie about it and leave out food and energy in the calculation. John Williams Shadowstats uses the original CPI formula and has it around 17%.
17% on average, some things have way more price rising than others
That seems much more “real life” right now with prices.
If one adds housing in do you reckon it would be higher than 17%...?
It's called the CPLie
truth
People these days are selfish to the core, unlike the people from the last depression. This means that many won't make it. In the last depression everyone helped everyone else but now, it will be me, me, me, you help me. Many are going to die because they simply don't know how to live as good human beings anymore.
Good riddance
Your are 100% spot on!
The problem is... in the 29' depression there were millions of skilled laborers juat waiting for something to do. Today, people dont know how to do usefull things. People dont know how to create their food, energy, medicine or shelter. People only know how to consume... and consumption is becoming subscription based.
Damn. When you say it like that it’s really scary. I’m 1000% a consumer no clue how to survive if I had to gather tm own food and sterilize water. I read once that the way to become wealthy is to become a creator rather than a consumer and your comment totally agrees with that
@@Cloudyconfusion Luckily you have all the worlds knowledge available at your fingertips. If you know where you are lacking, learn usefull skills rather than using your phone for entertainment.
Absolutely.
If we are to survive in this economy, we need assistance right away. The ETF and stock markets are still quite volatile, just like the property market. My $370,000 portfolio is down 35%, what’s the best way to take advantage of the market?
Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.
I made more than $320K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having a Financial consultant is now the best line of action, especially for those who are close to retiring.
I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
Having a good FA is essential for portf0lio diversification. My advis0r is *Sharon Louise Count* who is easily searchable and has extensive knowledge of the financial markets.
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds
I read a book 35 years ago written by one of the brothers that cashed in on shorting the stock market crash of 1929, (I believe it was "J Irving Weiss The money squeeze",) making their fortune. He said the primary factor of interest rates skyrocketing was that everyone was out of cash, had debts and losses to cover, so they sold bonds hand over fist to get some cashflow. Bond prices dropped, driving interest rates up.
What was the name of the book? I'd like to read that.
Bonds are increasingly worthwhile right now, so yeah, 2024 or 2025 for the cash in might be correct
@@napoland9676 J Irving Weiss The money squeeze
That's interesting. I'd like to read that book; what's the name of the book?
@@jackj3573 J Irving Weiss The money squeeze
While investors are preparing to celebrate next year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
How do I find this financial counselor ?
I've shuffled through a few advisors in the past, but settled with 'Nicole Desiree Simon' her service is exemplary. I'd suggest you research her further on your browser, sure you'll find her basic info.
Thank you for this tip. it was easy to find your mentor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
Most people venture into crypto to be a millionaire meanwhile I just want to be debt free
That's very practical and smart goal a wise man once said do everything in your power to get out of debt one of his tips on getting
Just do the right thing by trading with an expert, trust me you will be successful and debt free
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
@@mirabellelia9996I'm enjoying working under a platform that brings good return in my life and I've been making my weekly returns without stress all in cryptocurrency
@@lisacarter3436Having a job doesn't mean security rather having different investments is the real deal
What would this do to the spot Gold/Silver prices ?
*Amazing content, You remain the best!! It's been a year since I found ways to improve my finances and by working with a renowned professional, I was able to attain financial independence. I have to say this ; “As long as you are determined and work hard, you can achieve whatever you place your mind on.”*
*To create wealth consistency is key.* I engage in different productive investments and with help from my Financial Consultant *(Donald Nathan Scott)* I’ve attained great returns. My advice is to get a professional who will help you in making right choices and enhance your management skills.
*DONALD NATHAN SCOTT* is my professional. He is very proficient and a well known Financial Consultant. I found him by looking up his names on line.
Great info!! It’s truly great to see the name Donald Nathan Scott mentioned here. I have earned immensely working with him and I’m truly happy with my decision to work with him because he has proven to be the most reliable Financial consultant to work with.
A word of advice to those willing to listen: “It’s never too late to invest.” And when you invest, you plan and save for your future expenses. Finally, do not embark on an investment with the aim of getting rich quickly, rest assured that with consistency, hard work and the right financial advisor guiding you, you will surely succeed.
I believe it is nearly impossible to predict when the next long-lasting economic crisis will occur. I believe there are just too many factors and too many national governments manipulating their currency and manipulating information about their national economies for accurate prediction. So much of a nation's economic power is based upon perceived wealth and not actual wealth.
What I do believe is that national economies go in cycles and that one nation's economy can impact the economies of many other nations. I also know there is nothing that I as an individual can do to change the direction of a nation's economy.
What I can do is prepare myself and my household for the possibility that another Great Depression, like that of the 1930s, may happen in the future during my lifetime. I believe it is important to be debt-free. Being deeply in debt, suddenly unemployed and unable to pay those debts is what caused so many people in the Great Depression of the 1930s to lose their homes, their farms and their places of business and to have their vehicles and furniture repossessed. An economic depression will not prevent creditors from collecting on debts -- it will just make them more determined to do what they can to keep their own businesses from failing.
I also believe it is not only important to have zero debt, but to also own outright where you live and what you drive, to have a year of long-term basic food storage, to have 3 to 6 months' income saved in a credit union account, to have a similar amount of money securely stored at home and to have experience cultivating a vegetable garden. Should you lose your income and be unable to find another job for months or years, having these other things means you will not become homeless or unable to travel to job interviews or unable to feed your household or unable pay the utility bills or property taxes.
Those who are currently deeply in debt, spend all of every paycheck instead of living more frugally and who do not own outright anything of lasting value will be in serious trouble if they lose their employment and cannot find for months or years a way to earn a living wage. And the financially unprepared and suddenly indigent will become a burden upon those who are better prepared. State and national governments can only do so much to help the unemployed. The larger the number of people out of work the less government can assist. If there is another Great Depression, I expect to see a wave of crime against property and persons committed by the newly unemployed who have become homeless, hungry and resentful of those who are better prepared.
In other words there will be no magic wand waved over people's finances, no celestial entity to fix what you should have done yourself!
I like your outlook and your prescription. Don't forget a .22 rifle in case there's a food supply shortage so you can hunt rabbits and whatever. Plus -you might want a higher powered rifle to fend off the people involved in that crime against property and persons you predict. Even further , for you, who I assume has some money, perhaps a small camper van in reserve in case you have to hightail it out of the area for awhile.
@@bellavia5 My spouse and I have concealed carry permits and usually carry when we leave our house -- we live in Nevada where gun ownership is common. Many of the neighbors inside our little gated community are gun owners too and have favorite spots on nearby public lands where they do their shooting practice. The public shooting range is a short drive from where we live, if we want to pay for a day of shooting practice instead of doing free practice on public lands. Some of the nearest properties outside our little neighborhood are horse properties owned by cowboy types who are armed to deal with coyotes and other varmints. A few gunshots late at night are not unusual around here because that is when coyotes are active.
We have a motorhome that has an onboard diesel generator and two solar panels on the roof connected to large lithium batteries so we can boondock in the wilderness for as long as we still have water in the freshwater tank before we have to find a place to refill the tank. We have tested our summer and winter evacuation routes, but our preference is to stay inside our hardened and defensible house unless it becomes too dangerous to stay because of an approaching wildfire or similar major force of nature. At home we have more than a year's supply of long-term food storage for each household member, so no need to hunt jackrabbits or grouse here in the desert. As long as we still have water flowing from the faucets and electricity to power our AC units, we probably could hunker down in our home for years. We already went through twelve months of self-imposed quarantine during the first year of the pandemic and considered this a kind practice run for coping with other prolonged disasters.
@@gonefishing3644 Built to the hilt. Do you see any advantage (as far as implications for a world disaster) for living in another country ?
@@bellavia5 Not really, unless you already have a lot of relatives there who can help you no matter what. When I look at the countries that have had wars fought on their homeland or experienced the violent overthrow of their government or a collapse of their currency sometime in the last 100 years, not a lot of countries have been exempt from at least one of these. And natural disasters can occur anywhere. I would say that the U.S. and Canada have a good track record of avoiding everything but the natural disasters. If I could live anywhere in the U.S., other than where I currently live in Nevada, I would choose the U.S. Virgin Islands so long as I had a house designed to withstand hurricane winds.
Never trust anyone who claims to be able to predict the future.
If they really were able to predict the future, then they would keep on winning lotteries.
He was pretty right Dan.. how has your way of thinking done for you
You could have capitalized so much already. Gold and silver up
This is basically the same thing that happened about a century ago, but differently. Look at it, we had a pandemic, the stock market dropped by a lot during that pandemic, we have banks and government giving out and printing money massive amounts of money, massive inflation, and our president keeps sending money to Ukraine to fund their ongoing war.
History was NEVER meant to repeat itself.
HISTORY ALWAYS REPEATS ITSELF!!!
@@Unique8802even looking back further, I found crashes that coincide within 100 to 150 year periods. There is a trend of resetting the economy and markets whenever they get to a certain level.
@@lightkira4119all by design
History tends to repeat itself, just a different way. E.g. WWI, WWII.
Never meant to but with people trying to essentially rewrite history then we’re only shooting ourselves in the foot.
Wow! Today is April 1st, 2024! And what this guy said within the first 15 seconds of this video is spot on. The 10-year treasury yield rose substantially today, skyrocketing mortgage rates.
Any compilation of track record of this guy?
If such a Depression were to happen it would be fundamentally different. Consider that, in 1929, over 80% of Americans lived on or near a farm. Today, over 80% of Americans live in cities, last I knew.
Very true and everyone can see how much Uncle Fraud is facilitating crime which means urban areas will be a kill zone, near total anarchy, with the police stepping aside and letting it happen (blue states, blue cities). Seattle has a new policy. For certain disturbances they are sending out a social worker (I'm not kidding, it's on the internet). There is a new term that has cropped up and I just learned about it, "jogging". That is a situation when you are followed by thugs after a withdrawal from an ATM. When the economy takes a massive nosedive, crime is going to go exponential. Cops won't respond to anything except the most eggregious crimes. The fabric of society will evaporate. It will be every man for themselves. Think I'm exaggerating? What do you call those occasions when the scholars swarm a store and pick it clean in minutes? Americans don't seem to understand that's a massive clue to what's coming. Living in a place where the law abiding are forbidden to own guns is a recipe for getting killed while helpless.
By 1920 about 68% of Americans were living in cities, so it would be more similar to a modern depression than you may think
If anything pre-war cities were a lot more dense than many modern American cities, as suburban sprawl could only happen after the widespread adoption of cars.
@@MrMurica But in 2022, that number was up to about 83%. Throw in the fundamental nature of changing farms away from family farms and toward industrialized farming and the key takeaway is you've got a lot fewer people who can run off to the country, like that 68% could and did in 1920.
Perchance Nancy will lose her il gotten millions.
In the Great Depression, each worker made an average of todays value of 95,000 dollars per year. Not to mention the cost of everything was also less by percentage as well. We have not had an increase in our living standards since it fell to the level of the Great Depression.
You don't have A/C? That sucks. And your coal burning furnace should probably be updated. Have you seen airplanes? They're the big metal things in the sky that can get you to the other side of the world in less than a day, not that you'd need to go, since you can talk to anyone and see anything on Earth instantly from your couch. And you should get a cell phone. They're awesome. Instant access to all the world's knowledge. You can use it to look up the standard of living in the 1930s.
And 40% of U.S. produce was grown in home gardens.
It would be closer to 35,000
And people could not borrow money since the banks went bankrupt
@@pepsiccolausa8857 it was a different world back then build a house for example you didn't have the rules and regulations you have today which has greatly added to the costs
During The Great Depression the cost of living was an average of $4,000 per year, today that amount would be equivalent to $60,575. Yet, the average salary was $1,125 per year.@@ghostlyone2
is there a scheduled day? is it usefull to buy a few beam cans to get thru it?
Take me back to the early 2000s 😢
Main cause of depression are 1. War-Conflicts Among Big Nations 2. Pandemic-All Lockdowns On Citizens 3. US Feuds & Economic Political-Sabotage 4. Low Wage Standards set by governments (Manufacturers Slavery Labour Wage), putting down competitive products againsts rival countries 5. Jobs Security
How about banks going bust for lending too much money to one sector of the economy that just suffers a catastrophic environmental event that causes massive crop failure. All loans to banks default crashing the banking sector. That was the 29 crash.
NO main is BIS-IMF-FED triangle currencies monopoly create quick trillions into the market and make currencies worthless and skyrocket prices. Its to much worthless currencies chasing few prducts and give friends for staying home and aquire assets for the Banking Cartel.
This is why BLACKROCK, VANGUARD, STATE STREET all the others are growing Banking Cartel sponsored thier own monopolized business.
The main cause of the depression is that they're doing it intentionally to collapse the global economy as an excuse to form the new global digital currency and government
@@zawierk +1,
too much print money,
too much inflation bleeding,
1. In 1929, World War I had been over for 11 years and there were no major conflicts yet. 2. The Spanish Flu was also over for about 10 years prior to 1929. 3. The U.S. was not engaged in any economic “feuds”. 4. There wasn’t a minimum wage in 1929 and wouldn’t be until 1938. 5. There wasn’t any job security then or now
Since the Great Depression was the only depression from 1929 to now, your premise doesn’t hold up.
The only thing I think he’s wrong about is the timeline… I think it’s gonna happen sooner
How soon like this year?😅
We're already in if you compare earnings and prices to the 20s and 30s to present day.
In the US the average wage is already below the average wage during the Great Depression when adjusted for cost of living. Unrmployment is just low. But homelessness and poverty are way to high.
I think his prediction is spot on. Eventually the government's going to be forced to cut. But by then it'll be too late because first they're going to be forced to borrow a ton of money, especially as the economy worsens. Taxes go down, so they're going to have to borrow more and that's going to force the Fed to pivot to be able to monetize the government's debt and make it easier for the government to borrow. Stagflation can become a real thing.
Deflation is the result. Prices on goods and services should start to lower, but people aren't going to have money to pay back their debts.
The Fed monetizing government debt is a good thing though. Where that money ends up is another question.
@@gabemendoza1052 @ expansion of the money supply AKA inflation hows that a good thing. Most likely they'll start sending out stimulus checks. Like they always do, how's that deflationary? Budgetary deficits will expand. Social programs will expand. Putting pressure on a already weakened dollar and weakend economy. The only way deflation would happen if the government would cut government spending and the Federal reserve get serious about raising interest rates. But that's not going to happen. There going to crush the dollar into the ground.
@@gabemendoza1052yes and no about debts, personal debt is at healthier levels than before covid or 2008 Great Recession. Credit card debt isn’t as unstable either. Mortgage rates that most people took advantage of at historically low rates by at least 90% of home owners. Not like it was in the 70-80’s. I could go on and on.
I am genuinely fearful of whats too come but, I don't believe in predictions even though knowing when when would put me at ease, my biggest fear is how we are set up compared to 1929 people who are saying we have learned from these crashes are kidding themselves.
For example right now
-31+ trillion in debt
-That currency is based on trust only not gold/silver
-Everyone lives paycheck to paycheck
-Our seniors depend on social security pensions which are enormously stressed right now
-Old people in the trades are retiring out and there is no one training the new generation
-Our jobs have all been outsourced to the point almost all jobs Tech, retail, fast food, and shipping.
-Food has been decentralized
-Cultural decay and crime
-Property is heavily speculated on by domestic/wall street/and foreign investors
-Mass unchecked migration
Smartest comment I've read so far.
Folks, keep your money invested. Keep putting money in. The market will have bad days weeks months or years but will come out on top in the long run.
The problem is investing in what?
About the only thing I would invest in at this point is funeral homes, and companies that make headstones, urns, or caskets. A lot more death than usual has been occurring for the past 2 years and will continue until the de pop you lay shun goals are met, unfortunately. I'm not evil enough to capitalize on the demonic agenda, though. A few of us still have our souls and a conscience.
@@astridcyanistescaeruleus4126S&P 500 index or Nasdaq 100
@@astridcyanistescaeruleus4126simple, companies that innovate and grow their cash flow and company around the world. #1 is Tesla.
I'm a young investor, I enjoy reading you older gentlemen's insights in the markets
Me toooo :) we have the same idea here
Long story short, winter is coming and make sure you are prepared, move to cut your debts and build a safety fund, only consider investing once you have done these two things first.
I agree. People need to plan and prepare now before it's too late.
I guess, we will see very soon. Doesn't hurt to prepare though.
thumbs up for not uploading a 1h video about this and making sure information is condensed in a 10min video
He is correct down to the smallest prediction.
The worst thing I did was paying attention to the predictions of down to earth economists who claimed that the market values would decrease and I didn't invest in the winter and spring of 2023. This title is ridiculous. The best advice is not to pay attention to any predictions.
The worst thing that happened to you is you. If you had a brain you would have listened to the predictions and proceeded cautiously and made millions like me. Stupid people should not get involved with investing.
Just buy good quality stocks that pay dividends. They will survive even if there is a major crash.
@@bmoshareholderappleshareho855 sometimes. Won't be the case this time.
can you please give me an example of a good one to invest in? @@bmoshareholderappleshareho855
I pray that we All come together when this day comes greed has to go!
i remember about 70% economist predict a recession in 2023 and 2024, here we are in the second half of 2024, looks like nothing happen. So dont believe too much, just live life day by day, be grateful if u can wake up and breath everyday.
Great Channel ...Simon Hunt said this that the S&P will be 3000 in 2023 ? Lets see how his financial advice turns out ?
Lets go brandon!!!
Blaming one individual for this fiasco is pure folly! It was unraveling under your guy and before him too!
Sure has every president has been kicking the can down the road
I saw Grapes of Wrath last night on television. The story of a dust bowl family trying desperately to survive during the great depression. The only job they could was picking peaches for two and a half cents an hour. If they put one ton of peaches in the baskets they would make one dollar. As bad as things were back then, we staring into an abyss of even greater proportions. Because during the great depression we never had open borders, with millions of new broke and hostile immigrants flooding our country. We didn't have a $71 trillion dollar debt to deal with. There were no nuclear weapons. Now our enemies possess the ability to destroy the United States in just a matter of minutes. Back then, if you were gay you didn't get near naked and brag about it in public. People are provoking the wrath of God and it can come at any moment.
Good shall prevail over D'evil.
Give thanks.
You speak of provoking the wrath of my Father, yet you condone being gay, something he called an abomination. Poor lost people!
God didn't unleash His wrath during the Holocaust, so I've stopped expecting anything from Him.
You don't know him, and maybe you should know history better and what's true and what is contrived!@@Falconlibrary
@@robleetruth The Holocaust happened, dude. Historical fact.
Why would prices of metals fall too? All metals, including also gold and silver?
O.k. young one, you dive deep to get your knowledge, even if it takes using your instincts and hunches! Sometimes knowledge is suppressed for some reason and you will be the only one with the true answers. Don't always rely on others for your knowledge young one! Thanks 👍.
This is a self-fulfilling prediction.
No. This is about to happen.
Not sure if we will go into a full blown Depression. Q2 S&P companies reported doing better than expected when it comes to earnings. Companies have already been tightening their expenses because they know we are more than likely gonna have a slowdown. So they are trying to prepare and hold out while we go through it.
A lot of corporate debt is due early 2024. That mixed in with interest rates continuing to rise and student loan payments due. Plus the proxy war which can turn into a real conflict is a recipe for disaster.
@@vincent763 Agree with when student loan payments resume. That is going to mix things up. We are definitely in a weird time for the economy.
@@brandobecerrothey already did resume
My uncle has successfully predicted 50 of the last 2 market crashes
Yes I agree this will happen 100%
Stocks were much less overvalued back in 1929 pre-crash.
On principle, I like what I see from the new BRICS currency. As an American, I think that makes me a traitor. Though in reality, my government's central bank betrayed me decades before I was born.
I'm sorry at minute 4:30 the guy says we should buy when the market goes up and sell when it crashes. Isn't actually the very opposite, logically speaking?
It's started. Things have been slowing down since early this year but in the last couple of months they have accelerated. It seems like no one has any money anymore.
No matter how hard you try to dig into history to predict future economic and political issues- the world has changed and evolved far more than you think in recent years, yet alone what happened in 1929. You don't know what will happen in 2025. We'll be fine.
They're not calling it The Great Reset for nothing.
Still I'd love to see S&P hit 6000 and make up some of market driven losses over the last 20 years. I got suckered punched with a few "legal" frauds - lost a tone of $$$. It will be a welcome reprieve to earn some of it back.
Oh, it won’t take until 2025. I think our downturn will come a lot sooner and it won’t be anything like the 1930s. It’ll be an era entirely unique to our own decade.
what's the motivation?
I do agree inflation goes up again. I feel it. I’m looking to move and need a new car and earn a lot yet can only afford a dump in the hood. How do regular people afford anything
I’m definitely panicking tonight and on the weekend. Asked my kids to panic too as backup. Thank you so much
I think we need to just be prepared for the worse to happen
Hunt said s&p will reach the heights of 14000 not 6000.
Did you say buy high, sell low . . . or did I misunderstand that?
He did 😂
That's the 18 year cycle so nothing unusual there, it's due
Time for 'The Greatest Depression'
Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?
I wouldn’t ask random people on the internet on what to do with your $$ but having it in a paid off house sounds good to me to prepare. Buy a respectable house and with left over $$ and just keep it ready for emergencies.
Investissez loin des villes dans une forêt pour la survie
Hang in there, don't lose patience or give up hope just yet in relation to this happening soon.
I've got my ear to the ground and I can hear what sounds like this event approaching us.
My feeling is that it could be just around the corner.
Please don't mistake it for another event, and be sure to put your hand up so that it knows where to crash.
It will consume the lives of a generation. A generation of a sequel crisis.
The tiktok generation and lockdowns.
I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields
This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.
It’s Already Upon Us !!!
The 4th turning. We are here.
Folks will starve because they don’t know how to grow vegetables and fruit trees and keep chickens. Remember, you need to grow food for your hens as well because when all this goes down, store bought grains and other chicken supplies will not be available.
And don’t delay with this project, buy chickens and heirloom seeds as well as fruit and nut trees now, learn how to grow and care for them and you and your family will be okay!
So true, gardening takes time too. People will find it hard
Ah, yes. I and the other millions who live in apartments because we cannot afford houses will get right to work tilling our gardens and fencing in our chickens. Smart thinking, not.
@@wlarsen70 Figure out how to get land. Like yesterday. Stop complaining and do it.
I wonder if those who experienced the Great Depression had it easier than others, as my stock portfolio has already lost more than $35K. I worry about my retirement prospects because of my inert reserve.
Volatility presents a chance for you to rebalance. To assist you in diversifying your portfolio, a financial advisor or broker must be hired.
To be safe and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they understand better market patterns and adjusting portfolio to match up with these market trends.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.
Monica Shawn Marti 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 just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
There was never any stopping it
I like how your trying to tell the future on something we all know what's coming.
JFK once said that he didn't know that there was an ongoing Depression until he went to Harvard.
@@Nitsua2828 His elite schools didn't put much emphasis on current conditions.
Could it hurry up and collapse already? We'd like to fix things and move forward
He is an investor. These ppl can’t not lie.
Sorry but i cannot see this holding on for another 2 years
The stupidity of voting for old people for the presidency and public office also leads the country to a great depression.
Please explain.
People have it so far so good,nothin stay for ever!!!
If you think the coming depression will be anything like the first one, you're sadly mistaken. It's gonna be alot worse. The percentage of people who can do for themselves is so small, its terrifying. Ask most kids today where meat and veggies comes from, and theyll say the supermarket. Back then, many knew and had the means to grow their own food. Many knew how to even can and store it. Smoke the meat and live life like preppers. Not very many today have the skills and means. On top of all that, the population is almost 3 times what it was in the United States than it was during the great depression.
my christian uncle said in the 90s the world is going to have another depression maybe God showed him we didnt believe him up til now 2023
That’s what the debt ceiling fiasco was all about.
Is what is predicted here for America the same as what will happen in the UK?
I believe him this. Sounds about right
it is going to be too late because the great depression is already coming it is too late Biden still has 1 more year in a half we don't know trump might not win either .
Unless all Central Banks take corrective action, the current situations will trickle down and God forbid, may turn into a huge world-wide recession. There is enough time and scope for world leaders and banners to sit together and do something super-positive. Short of that, we could all be crying, including the Billionaires.
I remember when the internet first came about and they’ve been saying this is gonna happen since then
Its why they are preparing the cbdc. So they will have a replacement when it happens. They caused this crises to be able to supply the solution.
It’s literally history repeating itself …
All by design but this time it will be far worse.
All the economies have to be saved, and there are more than enough reasons. Who wants a boring dreadful depression?! Getting working on it, we can all do it.
You can't prevent a depression, that's the whole point. It's not about working hard enough, it's the eternal cycles of boom and bust in nature.
@@markhirstwood4190 I hope humanity can learn from history, and take corrective measures to prevent or minimise occurrences of the past. I believe the O.E.C.D., IMF, World Bank, all Central Banks should put their huge brainpower and work out a plan for Global Prosperity. The Pandemic, natural disasters in China, Ukraine, Russia, junkies in SF and Philadelphia is already depressing. We should pray and predicate a positive sustainable Recovery.