Simon Hunt: Holy Smokes! A Market Crash In 2024 & A Depression By 2025?
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- เผยแพร่เมื่อ 27 พ.ย. 2023
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The last time I spoke with Simon Hunt, he predicted a rocky road ahead for the global economy, that will eventually culminate in the massive pile of $trillions in global unserviceable debt going into default causing a worldwide depression by 2025.
Since his last appearance, the markets have become a lot more optimistic, US Q3 GDP hit 4.9% and inflation has marching downwards to 3% -- all positives. Though on the negative side, US deficits & debt balances have soared, leading economic indicators have fallen to recessionary levels, and the Middle East has been plunged into war.
Today we'll ask commodities expert and geopolitical analyst Simon Hunt how any of this impacts his dire forecast for 2024/2025.
Follow Simon at his website www.simon-hunt.com/
#recession #depression #marketcrash
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The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
My CFA ’TENLEY MEGAN AMERSON’ , a renowned figure in her line of work. 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.
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.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
True and happening now
Jefferson had first-hand knowledge since he/she was also involved, just like every other representative of the corporation call the United States of America. Control opposition.
THE CREATOR BLESS
Great info. We’re moving into inknown territory.
@@thecreatoristhetruth5623 He/She? Thomas Jefferson was male.
@@joanmerriken9216 What is unknown? Are we not aware of simple mathematics?
Strong suggestion from Appalachia's Homestead (Patera and James) to watch, take notes and watch again. Thank you for dishing out the Truth
I agree. Thanks Patera and James.
Yes, here bc Patara & James said to view.
That’s how I got here too…
Same here. I love them. If they recommend it, it's good.
Sent to this video by patera as well
All we can do is payoff debt, store food and fuel, grow food, and educate others to do the same.
Correct. I am on that trajectory, except that cancer has gotten in the way for a bit. I will overcome.
I told people that they need to prepare, have a garden, can your food , dehydrate, get out out debt. I get a deer in the headlights look. I will just go to the store when I need it. I am ok in my condominium.
@@bite-sizedshorts9635
I encourage you to look at Joe Tippin's protocol
Exactly❤❤❤❤❤
Yes you will bites sized shorts
This episode is like watching a political thriller movie except we’re in it.
More like a horror movie
Right!
It is just a rehash of history with different sides.
Science Fiction / horror movie..
:-) what can i say? wow
I'm not an Investor but I watch this channel because I find it interesting even though I don't have any money.
Me either. Will be interesting.
I got my take on all of this. I may be just a low income earner watching this unfold. But I have no debt. Home and vehicle paid for. Kids raised and moved out.
Same with us too.
Ditto I have had no debt for 10yrs knowing then that the inevitable was coming.
But, do you have assets? Make that your next goal - best of luck
Me too, I paid off my suv 1 year and 4 month early the day before Thanksgiving. My credit card is down to $23.00 balance, all kids are grown and gone, rent is $390.00 mo
We've been through this before and during every major recession, the wealthy became more wealthy & the poor became poorer. It's a fact.
I think you will find that what is coming down the pipeline for us all will not be something that we have been through before. Best not to be complacent, whether you are rich or poor.
This is the last one.
@@claudiabettinayes. It's going to get worse than people imagine and there may be no coming back from it. Our borders have been open for nearly 3 years now. And China has been allowed to take over control of our shipping ports, spy on our missile sites and been fed strategic information by the traitors in the White House.
@@gyrate98 money will not save you from whats coming....
@beverlyharward9631, you are 100% correct. Capitalism is about protecting and growing the income producing property of the largest property holders. Income producing property is what we know as "capital". Those who are not the owners of these large holdings are meant to bear the burden of capitalism's problems. The only way out is socialism. And the owners will do anything to stop this. Earth is a giant plantation. If you aren't one of the owners, then you are one of the slaves.
Adam carried the team on Wealthion. Adam left, that channel degrades , and here we are delighted to see that Adam is still rocking.
Wealthion has degraded quickly since Adam's departure (unsubbed today). Adam has mostly good interviewees but his constant throat clearing flem and umms make me want to take a long walk off a short pier 😄
Agreed. Wealthion has turned into an extension of CNBC and I’m not too thrilled with it. Thoughtful Money is a home run!
What happened to the welathion channel? I thought Adam founded that too? Why is there a new channel?
Who would trust the USA especially with these clowns we have in the Whitehouse…….
I wish the best for that channel and since I’m still subscribed I may catch a show here and there. Nothing like seeing Adam and immediately clicking though.
Problem is that there's only so much doom and gloom that someone can take before before it all becomes a kind of white noise. I was glued to Peak Prosperity when I discovered it 5 years ago, only to discover that living your life based on a constant, imminent fear of societal collapse is just... not good. And the longer you spend listening to various shades of 'doomsday' prophecies that never come true, the less seriously you end up taking them.
Bam. I have listened faithfully for two years and as a result of the constant doom and gloom pounding away at me, my portfolio is down, or I should say, has not gone up nearly as much as it could have if I just would have stayed in and dollar cost averaged. Yes, I know our level of debt is unsustainable, but this soul crushing outlook leaves me empty of any joy and for this reason I’m going to unsubscribe. Best of luck, you are no doubt a nice person Adam and deserving of happiness.
@@CHSMatt72Same. Listening to this channel nearly daily made me waver in my disciplined investing system that made me a millionaire in a ten year time frame. I finally broke early this year and started following some of their advice. Sold a bunch of stock low only to see the market advance 20%, invested a bit in TLT only to see that decline 20%. Yeah I’m out. Back to Jack Bogle and Warren Buffett’s advice which made me financially secure in the first place.
OSTRICH
@@CHSMatt72"this soul crushing outlook... empty of any joy" this is exactly it, my friend! EXACTLY! Even IF this guy and others like him are right, it's simply no way to live. By all means be reasonably prepared, have a rainy day fund etc. but wrapping up your whole being in this doomsday stuff is self-destructive.
I don't listen as a form of entertainment. I compare what they say to what I know and experience in my life and take action.
Found this video from another channel that talked about this video. What a sobering warning for things to come. Prepare for really hard times!!!
Same here Appalachia Homestead sent me here
Adam is intelligent, well-spoken, can listen, and knows how to address very sensitive topics with lots of tact. Love that about him
For those naysayers remember Noah worked on the ark for 120 years!!! Go ahead and put your head in the sand. As for me I'll be preparing and living my life joyfully, optimistically and thankful that there are those warning us and encouraging us to prepare. Thank you, Adam and Simon! And thank you James and Patera for sending us! God is still in control!❤
I hear you! I'm just a little ole homesteader and I've known this stuff for a while. I've read the comments, and yours makes the most sense. Trusting God is the solution
Well said.
Yea, if you believe that the Noah story was a literal one or simply what it was, a parable to teach skills needed for life here on earth. If the Noah story and the Bible are true the God is a racist and a cold blooded serail killer. Sorry, not the God I understand.
It states in Malachi that the Lord is going to spread dung upon your face and humiliate you. A lot of that is coming for man to this earth. A lot of poverty and humiliation
@gregorylyon1004 woew malachi had a really nice shit rubbing God didn't he. No guess the world's screwed up, everyone running around terrified of this loving God they want to share with others. God's going to rub shit literally in your face per Malachi. And you literally believe that? Wow!
Frankly, with all respect due to Simon Hunt, I would agree with his view. However, I am MUCH more concerned about our open border, being overrun to the huge profit of cartels, and worse. We can worry about the Taiwan straits, or, we can worry about the hundreds of thousands of unknown persons, who originate from EVERY country in the world, entering the country, These are not poverty cases seeking asylum, these are military age men, each one paying significant money, to get into the country for unknown purposes.
Agreed
user, you hit the nail on the head!!! All done on purpose. For diversion, distraction, to strain our resources, and why????
Worse than that.. They are being paid to come here and when they get here.
Indeed. Important point! Why didn't Simon speak to this crucial issue?
We are being invaded
Build up your skills, your garden and your side hustles. Close communities will be fine but keep your connections close. The prepared and skillful will be fine, those that think the government will save them will suffer and there are a lot of people out there without a clue or skills. The resilient will survive, do your due diligence for yourself and your family.
Thank you Patara for sharing this video from your site.
Adam! I’m not sure what’s going on with the “New” channel…But I’m going where YOU GO. For ONE REASON, your temperament! Calm, relaxed and PROFICIENT!
Boring... too Wordy !!!!
Adam is great but I liked these interviews better when he had the chapters listed. Some of his guests are boring and wordy so without the timestamps you just have to scroll through trying to find the topics that interests you.
Use 1.25 or 1.5 speed and you’re good ; )
PS, Adam is THE best of the best for hosting and driving these conversations.
But sometimes brilliant people can speak in a ponderous fashion... in that case see my previous post.
Now everyone who is watching this at work... look busy 😁
Mr Ford, Mr Ford time to get back on your medicine
No matter who is president or what happens even if its in the right direction, we have tough times ahead
Rising powers challenging the existing power,the US.
Very scary video Patara. However, I believe Adam is correct. Right now, we are experiencing the labor pains before the birth of the depression.
Labor pains before the tribulation starts.
Jesus is coming soon.
Israël will be till the End , the people will hurt but they will survive .
This isn't Patara's channel.🤷♀️
start moving to Poland .... :-)
Patara sent us here. I belive that's what the comment meant. @@squeekytoys5911
Adam, fantastic interview and I really appreciate the sense of humor and especially your recap of what your guests thoughts are. I’ve listened to this interview twice (podcast) and am now rewatching here. Congratulations on Thoughtful Money. Quickly becoming one of my favorite sites.
Adam you and your guest are always a pleasure listening to for the quality of questions from you and the responses of your guests. Added value is your summing ups in layman terms. But compared to earlier programmes the new content connections to geopolitics and connectivities is impressive. That has really lifted the bar of the discussion by the unpredictability and complexities of the geo-landscapes. Thumbs up for the new curriculums.
Excellent interview and information. I appreciate his perspective as he goes into content if developments continue on the current trajectory. Adam, you did a fine job resisting the temptation of interrupting him. You’ve progressed as a interviewer👍👍
I thought I was in pretty good shape until this video. I am not sure smart planning has anything to do with what is next, because I don't now know what smart planning would be. Going to be lots of prayers here in my space. Thank you for the opportunity to hear these thoughts.
This guy don't know squat. Keep doing what you're doing. According to these doom n gloom guys, we where supposed to collapse Y2K. Lol the dates come n go then they predict something else😅
What a wonderful find; our good friend Adam Taggart. I am very very happy to find you again Adam; I'm back on board, it hasn't been the same with you gone. This is brilliant
It’s very difficult to replicate what you do Adam. You have an extremely unique was of delivering content, asking questions and staying calm. Keep away the work you’re doing incredible things.
Soooo, bottom line for those not watching the whole episode. GET YOUR HOUSE IN ORDER by spring. Invest some $$$$ into precious metals (gold and silver) before those green things in your wallet/bank become worthless. In other words, that can they've been kicking was just kicked off a cliff...
Well said 😊
What do those do whom cannot afford gold or silver?
@@EricM793plant a garden...store up food...protect your property.
Silver is $30 an ounce...
@@EricM793 most can afford silver. It's not that expensive. You can get $7.00 modern "coins" or rounds. Or buy junk silver.. 100$ will get you a bag of pre 65 coins.
If America only governs its country instead of the world...
There are indications that the US is pulling back on their projection of military power. But, they are now the last superpower standing. If the US bails on its role as world police, be prepared for regional warlordism, rogue states asserting control, piracy, and destabilization of global commerce.
Maybe the devil you knowis better?
If American could only legally elect a government that follows our constitution and quit trying to become a communist dictatorship we would be fine....and of course CLOSE THE DAMN BORDER.
it's not 'America' is it the Corporation of America which is owned by the technocratic corporate dictators of the WEF-BBGroup--the Republic has fallen and no one cares about the Bill of Rights nor will there be individuals willing to fight against the NWO.
@@dragonryderslair Hopefully, a fair and honest election in 2024 will solve our problems. I have heard of things going on in the background that give me hope.
The New World Order/International Cabal system is governing every so call countries on Earth. All countries are branches on the One World Order/International Cabal rotten tree.
THE CREATOR BLESS
I really appreciated this video, as a medium-term AQ384J holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earl
Patara from Appalachian Homestead recommended you. What I’m hearing from an Investors Wife perspective is “stockpile seeds,canning supplies and alcohol”. GAME ON!
It will be a great time to make money
Hey, just found your channel and came over from Appalachias Homestead with Patara. Great video!
Your presentations are well articulated and and paced. Thank you presenting a wide range of guest views
I like the slow delivery of Simon. No voice inflection or emotion at all. Pure gloom and doom delivered in a typical BBC news reporting style. I like it. We need a good recession to teach our children a new way of living. We. we have been living in an extended era of "exuberant conspicuous consumption." Sorry people, game over for awhile. Recession on the horizon,
You sound like you're really looking forward to such harsh times coming.
Sounds like he's tired of having to support people spending like there's no tomorrow and running out of money.
Savings down for most folks and credit card debt up…. Consumers abound. Have fun. YOLO to infinity
Patera sent me! Thanks for enlightening us here Adam!
These last 16 years feel like the economy has been dying by death by thousand cuts. 😐
Death by a 1000 cuts Administered by our own leaders in the West.
All by design. Anyone who doesn't see it, especially at this point, is willfully ignorant. "There are none so blind as those who will not see."
President Al Gore would have ensured a world of prosperity and continued Clintonomics success.
But, Republicans stole the 2000 election, we got Bush, Cheney, Rumsfeld and Halliburton on the payroll. That paved the way for the stupidity of Trump. And here we are.
This is what happens when the money sits in banks by big business and elites. Velocity stinks and has been trending lower for the last 30 years.
A reset is coming, I just dont know which side gets the reset they desire...the ants or the grasshoppers.
Why 16 years?
Love this guy! Schedule him back in April of 2024.
Adam is the greatest expert with honest global tuths ❤
Sooner than that. Start in February.
Yes. Please have him in April'24 again.
BACK !!!!!... BY POPULAR DEMANDS. 💯💯💯💯💯
We are past April 24 and rate cuts have not happened as he predicted…
I’m still interested in what Amazon will do with the AQ384J now .
I’m not.
May Amazon be damned! While touting Amazon as a model of efficiency what people often forget is that its overall business model is far from efficient. Little attention is being paid to the environmental damage being done as it quickly places goods in the hands of spoiled customers that are in no real hurry for them or decide to return them.
Polluting planes flying packages across the country and putting a small item in a box to be driven miles to a customer's doorstep is far from environmentally prudent. The amount of waste generated from such a promotional online distribution model boggles the mind.
The article below argues that Amazon is a predatory monster that has been unleashed upon America. It details why Amazon is bad for America, how it grew so fast, and why the company should be boycotted.
brucewilds.blogspot.com/2021/12/amazon-predatory-monster-unleashed-upon.html
I’m not either
I have seen this coming, but a lot of people say it is years away, but what I have seen I have thought it wasn't far away.
Simon is straightforward, and I admire his deliberate and clear expression of his perspective. Most of the time, he is far ahead of the mainstream narrative.
I wanted to say this interview is an amazing interview and very eye opening and alarming
Simon Hunt is the rare analyst who really understands the macro paradigm shift currently underway. Great interview.
I can only assume you think D, Trump also is not a complete disgrace!!
You need to get out more.
This guy seems to have some kind of dislike for America. I could see this administration,... but American principles and humanity and freedom??? Especially compared to russia, china and the middle east. I mean is he being held at gun point there in Dubai to spew this drivel?
27:00 This guy is delusional if he thinks the US has had this cunning 80 year plan to gain control of Russia's resources.
We could have owned most of Europe,.. but what do we do,.. help rebuild and set them on their free (er or as free as you can be in socialist countries) way.
We helped Saudi Arabia build out theirs. How come we didn't just take that?
The US's economy is about 14 times the size of Russia's. If we wanted,.. we could have taken their resources long ago, Especially after Gorbachev tore down the wall.
Upon which,.. Ukraine gave up its nukes its defense capabilities only because the US agreed to provide for its defense. That's all but signing the paper for being a member of NATO.
But the US is "trying to take over russia's resources"???
This must be the conspiracy theory scuttlebutt in Dubai.
Russia only got sanctions put on it when IT attacked Ukraine,.. after IT seized Crimea.
I mean who's trying to take over who's resources here??? LOL
The guy, this "geopolitical expert" is a fool.
@@robertrosener5643
I suppose you think senile ole joe isn't a complete disgrace.
Adam is a straight up interviewing killer... The best in the biz
Thanks for mentioning SUBSTACK. I’m going to read uour notes now.
Simon Hunt is always a super interview.
Congrats Adam. We love Simon Hunt.
I'd totally agree with Simon. Westerns underestimated the power and strength from the rest of the world. This government has dig a hole for itself. It needs more diplomatic skills...Only people who have lived overseas can see clear. Like Mr. Hunt
Simon doesn't flinch as he pours out his thoughts and projections of the coming years. I believe he may be spot on. 99% of humanity haven't got a clue as to what's ahead. As the saying goes, brace for impact.
100% of humanity haven't got a clue as to what's ahead.
If you read the Bible you have a huge clue what’s ahead❤👆🏽🎺🕊
@@stacieboucher1570 What does the Bible say is coming?
Revelation 6 tells us there are seven seals and when each seal is broken something terrible happens. For example the third seal says a loaf of wheat bread will take a days pay. Other things are famine, disease, war, earthquakes.
Revelations 8 starts to explain the five trumpets. When each trumpet is blown something terrible will happen. For example at the sound of the first trumpet one third of the Earth was set on fire.
In Revelation 16 it talks about the seven bowls that will be poured out on the Earth. For example the second angel will pour out his bowl and everything in the sea will die.
Amen. Ppl perish 4 lack of God's knowledge n wisdom. Too busy following n believing man n ai.❤
Adam, you increase the value of top tier guest interviews through your gracious manner and incisive questions.
What might be up there on the ceiling I wonder !?
Simon Hunt is first rate. Respect.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
It really is a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive analysis, it's quite impossible not to outperform. Netted over $550k in return on investment, since using a coach for about 2years...
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@@hushbash2989 My advisor is ''Marisol Cordova'' In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience...
Thnk you for this amazing tip. Verified her, wrote her and scheduled a Phone call. She seems Proficient.
Ironic how the pattern repeats. Whenever the desire to control resources leads to war. The economy is 'manipulated' into a depression.
Helps fill the ranks with the poor and desperate.
Reminds me of an old quote. 'What if they held a war and nobody showed up.'
Perfect ❤
I missed your interviews and so glad I’ve found out. Welcome back. The new Wealthion! Stay true to the mission.
I was wondering why I haven’t seen you. I’m glad you popped up. I’ve missed my daily Adam interviews. I hope Lance will be joining you again.
Not many people in the west understands Chinese philosophy; Simon understands really well.
Interesting he keeps saying “7 years.” Sounds like the tribulation.
Yes I thought that as well when he said that the first time, automatically thought of it.
The rapture needs to take place and other prophecy.
Many things in this life occur in cycles of 7
The pops deadline also for ‘environmental conversion’ to save the planet and the poor you must worship on his venerated day of the sun. Lockstep with UNs agenda 2030 .... strange coincidence or prophetic fulfillment of Rev 14, Rev 17
@@isabelcalvo5146 if you believe in pre-trib rapture. Many scriptures support mid and even post trib.
I watched the recommended Ted Oakley and agree with all the compliments about you. Congratulations on starting your own channel.
I came back to comme t in this one because I found everything he said (including the timelines) to be extremely easy to believe. I wish that wasn't how it felt but my head seemed to nod as if autonomous throughout the video.
Thank you for bringing on a variety of thinkers.
Namaste:
Thanks for putting the link in the description!! 🙏
Simon Hunt has experienced cycles and has good mind to understand global dynamics. He’s the legend.
Great interview. Really liked Adam's quick summaries of complex sections of Simon's talk. Merry Xmas, all!
I watch many people on TH-cam and Rumble daily, this exchange between two intelligent measured individuals is absolutely fantastic…… and all of my listening and viewing. I have never agreed more with everything that’s being said here. A masterful dialogue that the world needs listen to because, I fear that it is all absolutely spot on.
I'm inclined to agree with Simon
Thanks for having him back, brilliant interview!!
This was a scary but extremely insightful episode. Thank you Adam! Thank you Simon. Doom and gloom may be how some describe his outlook, but I’d consider that it’s closer to reality than the bullish “everything is alright” takes.
Great presentation. Mr. Hunt's insights strike me as "spot-on".
A shout out to our sweet and feisty Patara for this link. Thanks, James, for mentioning this.
Agreed.
It's guests like Simon Hunt with his wisdom that keep me interested in Thoughtful Money. I really appreciate this video and your excellent interviewing skills, Adam. 👍👍👍
Found your channel through Patera. Very informative thank you!
luv, love, LOVE your interviews with Simon Hunt!!
Thank you, Adam.
Appreciate the interview and perspective.
Thank you gentlemen 🙏🏼. Of course the content is tough, but the tone of the interview has been an an oasis of calm. The last idea of bartering is a very easy idea to accept in a highly inflationary environment. I cant even grasp how life would be like..
Thankfully there is a lot of documentation as to what people went through with high/hyper inflation in their countries. Might be useful reading because human needs are pretty basic regardless of where they live. The US has not had to really go through an Inflationary Depression since most of our Depressions have been Deflationary Depressions ;-)
Live rural. Cities will be a totalitarian police state nightmare filled with fear and chaos.
Video recommended by James and Patara from Appalachian homestead. Very informative discussion thankyou for the newsletter ❤
Thought provoking interview!
Thoughtful money does another great broadcast.
Thank you
Heard about this channel from Appalachian Homestead - utube channel.
Thank you for this guest and information. I have subscribed and look forward to more videos.
Same here
Same
Same
He is such a great interview. I really like his thoughts and how broad they are.
Thank you both! ❤
Great work Adam!!
I instantly followed here as I truly enjoy your style of interviewing and your ability to get very good and knowledgeable people onto your channel. Am all in 😊
Adam
After listening to your weekly market review with Lance, who I believe correctly states that predictions beyond 3-6 months are sketchy at best, it was hard to listen to Mr Hunt talk about events he predicts will occur up to 7 years from now. His scenario is certainly possible, but I’m sure it is one of many possibilities. He makes it sound like it is the only one. I’m curious what he thinks is the probability of these events occurring.
Thanks for presently his point of view however.
Great interview Adam and Great guest ….. I think Simon’s observations and predictions are spot on!
good to see Adam back on our screen! Good luck Adam!
Thanks Adam for bring back Simon Hunt! Love the new channel!
Absolutely love the doom & gloom ones for some reason! This was a brilliant interview!!
Same reason people slow down to see a gruesome accident.
yup these professional scared retail out of the last 12 month run lol
Outstanding interview, insights, and comments...I learned me something :)
Great content as usual Adam ...glad to see your on your on your own!
Freight levels are at a crawl. This is a huge indicator of a recession and the tight market hit in July just as Yellow went down. Freight predicts the future economy 6 months prior. We are looking at a horrible downturn in February. Many jobs lost and then comes foreclosures about 5-6 months later. This is going to look terrible by September. Major deval in home prices and no buyer's because they've ruined their credit score by this time.
I'm in transportation also and election years are usually slow years. I'm not protecting Bidenomics at all. Js
Only God knows the future holds. There's always helping people turn to Jesus Christ the lord promises he promises a future and a hope to prosper not to harm.
These promises of God apply to the righteous to those who turn from their wicked ways to Jesus Christ.
@@CarlosDavid-lf3ch Yes they are especially when it's a certainty there's going to be a change.
Best thing to do is not get in debt over your head, save and spend wisely , don’t buy new cars, don’t waste money on Starbucks and eating in expensive restaurants , be frugal when buying, save as much as possible.
I'm a newbie and my stock picks is very poor,, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.
Adam, really enjoying your new channel. Thanks!!
Adam looks stunned by Simon’s answers! But I think Simon’s scenarios have a high probability of happening!
Thank you! Much appreciated!
I’d rather know what is the worst that can happen so I can prepare as best as I can and if it doesn’t happen well, “fiu”
Wealth can be recovered with patience but I don’t want more wars 😭😭😭
Agreed
i always fully respected this guy. this is the best show=p
Appalachian homestead sent me. Thank you.
simon is one of the most resonable guy at whole internet those days....
I really enjoyed this interview. I think Adam you hosted this well and asked the right questions to Simon... excellent
Suddenly, the idea of renting a massive warehouse & filling it with toilet paper to barter is beginning to sound like a sensible investment strategy!
Good point! Inventing an edible toilet paper would kill 2 birds with 1 stone! (We'll need a good marketing team, that's for sure!)@@delaville680
Seems to remember some hoarders getting stuck holding the bag on that, a long with some masks and lawsuits.
Amateurs! @@kevinfabryka1155 🤣
Great interview Adam. So glad you have started your own channel. Have just subscribed and look forward to seeing you hit 100,000 subs shortly. Thanks again.
“ What a GENIUS ❤ …. that cannot be more ACCURATE than that 👍 !!! “
Thanks for the interesting interview
Simon is a ray of Sunshine, ain't he?
Simon is awesome! Thank you for sharing his knowledge!!!!!!🥰🥰Times are scary🤔
So glad your back.
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It is respectfully quite difficult for an individual to own physical commodities apart from precious metals and perhaps (by proxy) uranium. You can own futures contracts but those too are “paper”.
In a nutshell. Doesnt need anytthing to add. Simon is right. We are in so much trouble, people doesnt even realise that. Last one turn the lights off please.
Simon Hunt is my favourite contiributor on your show dating back to many months ago I was awed be what he had to say on your Wealthion interview.
Great interview, thank you for sharing.