WARNING: Hard Landing is coming for the US Economy
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Major network news continues to spout the narrative that the economy is good. Whether they’re sharing harrowing statistics about inflation, credit card debt, layoffs, or immigration, they always seem to put a positive spin on otherwise bad news.
But all you have to do is look at the data… things are not looking good in the US economy.
It’s looking like the Fed won’t be ratcheting down rates by a significant measure anytime soon. So many Americans are holding onto hope for lower rates before they can do things like buy a home, invest, or upgrade their vehicle.
And even though recent reports have shown that inflation is beginning to cool, the prices of everything from housing and groceries is still through the roof. Americans’ pockets are hurting, and things aren’t looking up. As long as inflation runs higher than the Fed would like, those interest rates are staying put. And even if we do see lower rates in the second half of 2024, any potential decrease is unlikely to be significant. The days of interest rates below 5% are sadly gone.
To make matters worse, Americans are drowning in credit card debt. Americans’ total credit card debt reached an all-time high of $1 trillion dollars. Sadly, many people are caught in a vicious cycle, and high interest rates are keeping them locked into a state of perpetual economic hardship.
Meanwhile, illegal immigrants are entering the country in droves. Over 7 million have entered the country during Biden’s tenure. And if the current rate doesn’t decrease, 2024 is looking to be the worst year ever for illegal immigration. Already struggling cities are being overburdened by this crisis.
So if you’re believing this narrative by major news networks that Bidenomics is working…. Think again.
Economic analyst and financial writer David Morgan is warning of a looming global depression. He said, “we are entering into a global depression the likes of which the world has never seen.”
We’re seeing persistent inflation, an affordable housing crisis, record rates of illegal immigration, and massive job cuts, to name a few… it’s time to brace for this hard landing.
There’s never been a worse time to be saddled by credit card debt, especially with these big companies that are charging outrageous interest rates.
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going to hurt the poor Americans and everybody else this is crazy who voted for this
what you think about a coming world starvation?
Interesting....yet you tell people to buy a home from you...
@@Jean.A.squirrel never in US..hmm sounds like an opinion from the 1990s
@@Jean.A.squirrel you will have marauders. being honest be blessed
The American people The American people. So tried of hearing the politicians saying this bull when they don’t give a dam about what the American people think.
Best biggest phrase that Joe Biden says you can’t count the American people out
Nope..just want to drain our pockets and get their cut.
Pence said it flat out.
oh no is the brainwashing not working anymore?
They just approve 61 billion for Elensky😅😅😅 300 billion was not enough😅
Screw a hard landing. Its always a crash landing when the wheels have fallen off already.
Thanks Boeing!
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
She goes by ‘’Sharon Lynne Hart” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, Sharon appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
My wife just went to the grocery store and made sure to get sale items only and it was still almost one hundred dollars and just a few bags of items.... This is no way to live ...... I have two jobs and my wife has a job just to have basic necessities.... terrible
It's hard to believe that you are having two jobs. I thought people in the West are enjoying a four-day week!
Ya gotta eat cereal. Isn't corporate greed great
Only sale items for the last year and still over one hundred I relate.
@@BenSmith-cm8oc Cereal is too expensive. You have to eat Ramean Noodles.
Try worms.
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although 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?
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Sonya Lee Mitchell 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..
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your pointers
Economy is getting worst . I'm in the trucking business and now just hustling to get by
I herd trucking is getting hit hard with low demand and thats when I realized were in troubled times.
@_nimrod92 You are right. Everything you buy, sell, or trade for has been moved by truck at some point with one exception, the air you breathe.
I am a retired truck driver and I noticed that you could see the difference in the amount of traffic on the street around Christmas 2023. Then a big truck company laid off 12 thousand employees in January.
Well, go tell your congress to send a few 100 billion dollars more to Israel then! Hurry
I have been hearing that the “economy is getting worst” since like 2011 and here we are…
Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will effect the market just yet, which worries me a lot.
I think investors who are wary of changing market trends should seek out bear market directions from certified strategists/planners. Safer that way
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Aileen Gertrude Tippy' 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.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
THE FOOD AND GAS WILL NOT EVER COME DOWN NOW
Gas will. Food wont most likely. We need a severe recession to incite deflation and reset the economy. And no President will have any effect on any of it. This is a systematic issue stemming mostly from Congress and Corporate America.
Exactly once the prices go up the only thing that hoes down is wages
Me going completely broke and not being able to afford my mortgage and food that I used to be able to afford was the soft landing? If there’s any harder of a landing, you’re going to get a revolution not just a civil war. I hope all the elites have good security.
They are going to live in their underground bunkers.
@@censured-again apparently they’ve never been to a rock chuck shoot.
People will just stop paying their mortgage. Their car payment and just about every other payment they can get away with. They can’t throw everyone out of their home. People are paying to eat with credit cards and they are not paying the bill and they are not going to. Then when they can’t feed their kids things are going to get crazy.
@@Arnold-Layne1967 "They can’t throw everyone out of their home." Where were you in 2009?
@@Arnold-Layne1967 the problem with that is when push comes to shove most people pivot, we seem not to unite, when we should, we need solutions, we need people who have huge platforms to speak on our behalf then come up with soutions, we just hear the problem.
-SOFT LANDING- -HARD LANDING- ...........CRASH LANDING ?
B-O-O-O-M
Silent Depression
its more like a " Crash Landing " .
🔥 🔥 🔥
You mean crash like asteroid 1/10 earth size crash? 😂
Zelinsky is laughing all the way 😂😂😂
How so I am willing to bet you have no clue about it.
He's got a price on his head so I don't think so.
Not just him gets his 10%
TO THE BANK!!!
i saw a video of him happy laughing happily when an american politician came to his office to hand him the approval for the $60B money from american taxpayer to fund his war. i also saw american politicians waving ukrainian flag inside the house of congress when they approved the foreign aid.
Whenever any Form of Government becomes destructive to the governed people, it is the Right of the People to alter or to abolish it, and to institute new Government
Yep unfortunately it’s part of their grand design they made the American people some of the laziest stupidest most overweight people on the planet actually not physically capable of toppling a tyrannical government
I'm a steel buildings builder and the economy is horrible.
The economy is fine. Greed is the problem.
@@Brookssteff Yep. Stagflation?? How about stagnant fucking wages!!!!!!!!!!! FOR DECADES!!!!!!!!!!!!!!!!
No need for buildings with such high vacancy rates
@racerx2580 car wash, lawnm mowers. Driveway cleaners. These where all teenage weekend work. And now are making bank. Stagflation in some areas not in others
Yep concrete is cut in half this year... No one is building!
Credit card debt is Over one Trillion dollars and have been for sometime .
We’ve known this was coming. Don’t act surprised, and prepare accordingly.
You do not have to be prepared if you work for us gov.
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”-Thomas Jefferson
depth make america great , 85 millions family owned houses , 17 millions 2nd houses , 11 millions skiing chalets condos , reason 4 percent loan rate , russia 16, 44 millions from 2019 to 2023 travel to forem countrys , russian travel to 17 millions outhouses
@@albertmaziarz6739Lovely, but the you have never been to Russia either.
Every major world economic power has been toppled by devaluing their currency. Not just printing it but by greed as well. People asking a million dollars to perform the smallest tasks. Service inflation will be the death of us.
@@censured-again😊p
*YT Quick Survey:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?
None!!!! considering the present unpredictable market volatility there are over a thousand reasons why the market is a no go especially now.
Not true at all... Although the market isn't so stable at the moment, it isn't as sick as some people have made it look... In all honesty, as a beginner who knows next to nothing, I have made over $12k net-profit just in a couple of months... I'm a retiree, and I am using these extra resources to help pay for odds and ends that I want.
Hi Mr.Micheal Weebles, from my little experience your profit margin is quite stunning for a beginner. How did you do it; Do you make use of spreadsheets? Thanks if you reply.
NO I have never used a spreadsheet.. It's of no relevance to me... I work with Kelly Marie Matwick look her up, she's good and regulated.
"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.
🧐😭😭😭 they royally screwed us!!
Amen brother!
Absolutely
Corect
Bush kept saying, " Our financial principles are very strong."
Even the blind could see the hard landing
Buy silver, gold, and lead! (Ammo)
And brass casings and a reloader.
Im glad I still have a few bars of gold that weights each ounce.
Good and silver won’t help when there’s no food. Food will be worth more.
@@wlonsdale1 Your problem is the same as most other countries and that is that your government don't give a crap.
@@wlonsdale1indeed! Cant eat it!
I just wanted to tell you that in 89 I bought a house for 44,000 and at that time gold was selling for $400 an ounce so 100 oz would buy the house 🏡 today's houses going for around $265 so if you go 100 * 2,400 which is where gold is at now that would be the same so what really happened is the dollar went down gold remain the same does it cost the same in Gold but it costs a lot more in dollars
The US$ is getting more and more worthless, simple as that.
The currency is FALLING in value hence what we call inflation, an increase in currency supply now made on computer keyboard the PRESS: ENTER!
IMO, they shouldn't have done away with the gold standard.
russia 17 millions without indoor toilet water , minimum wage 234 dollars per month , usa 15 dollars per hour
@@albertmaziarz6739 Prices are NOT the same in each country eg for China made item 20cents same sold in USA $4.00USD.
well inflation isn't going to go down, consumer side there is deflation. Inflation is caused by out of control government spending.
I couldnt agree more. Having said that canada is gonna hit 4 times harder and have zero chance to defend themselves from canadas brownshirts
But Trudeau is already in power. 😂
I've been saying stagflation for two years and nobody's taken it seriously
And how bad is it? Inflation is in normal levels
@Jose - NO, NONE OF THIS IS NORMAL!
@@nadinecarson3259 below 3% is normal.
@@josefj1776Normal is relevant when it is measured by a constant basket of goods and services. Change one item and the relevancy disappears.
@@censured-again and they haven't changed it in years Europe doesn't use housing. But they have had large increases in that cost.
Let’s all just stop working
Agreed.
I love you bro !
Stop paying taxes for sure
Make too much working.
Fools all!
10 million “others” means they take away from your assistance programs when you are in need or apply. Fewer dollars for your programs funds less families during hardship. Many that face hardship will experience a more extreme circumstance. Don’t count on help when you need it.
Except that we can (and should?) rely on each other, take care of our children and elderly. We've been so divided lately.
Thank you very much 😮
The write off rates for credit cards has gone up a lot over the past few months. A lot people are barely getting by.
THANKS BIDEN!!!
Thanks Morris!❤California here. 🕊🙏🏻😇🧂
Those who are still working it’s a inflation! Those who are not working due to layoffs it’s a Depression!
What is the loss of wages for high pay, hi value jobs due to retrenchment vs the claimed huge job increase numbers but at low pay & quality jobs?
Thank you Sir for keeping us here in America of the upcoming changes that is due to hit soon, regarding the USA’s Economy. Bless you.👍🙏🙂
Sifto salt mine. The largest salt mine in the world in Goderich ontario Canada just announced layoffs.
How come? People aren't salting their food anymore?
I been saying this for 3 years
Here we go again, market analysis in circles. Finally, Bitcoin moved, but nothing grows like my wallet with Eledator, they can bring profit, that's the real deal.
I coined the word crash landing ang then Doug Casy used it 3 yrs later❤
Hey, you haven’t aged much since last time I used to watch you back in 2020. Good for you!
You buddy ARE SWITCHED ON!
This channel tells it like it is!!!!
We are manipulated.
Keep stacking sats
When?
I moved overseas 1year i do not put any money into the U.S. economy i have a small monthly income from retirement i feel it was my only option my TAXES here are much much lower if the dollar collapse im done to.😅
Agree! I have been sending money to my fiance in Brazil for us. Within the next four or five months I'm moving there.👍🙏🇧🇷
“You’ll own nothing and like it” is getting closer every day. When a vast majority of the people can’t afford to eat and can’t pay their bills have to foreclose or sell their homes, who do you think will be waiting to scoop it up at a discount….The corporate greed of America is about to break this country, irreparably
Speak for yourself 🤓 🖕
@@firstlast8258 Here is a prime example of our failure. The response of "speak for yourself" makes no sense in the grammatical sense and contributes nothing to the discussion, in disagreement or not. It is a moronic statement at best, yet is the "highlighted reply", just to draw clicks. Maybe next time, highlight something of value.
10 million?? More like 30 million and rising
Everyone has been saying this for years now and it hasn’t happened yet. I’ll just start to believe it again when it happens
Exactly. Fear fear fear. I keep my trust in Jehovah and roll with the times
@@QueenSamiyah exactly
These interest rates are so low, still. My parents always said to work on as 10% interest rate. I remember in Australia when we had 18-19-20% interest rates in the 90s........ Btw, China is broke and has been for ages.
superman never die, god bless superman .
Maybe it goes sideways or down in summer, but it peaks only in June-July, and before that it pumps like crazy in May. Next few months will be euphoric, forget about deeper corrections. Stock market is already oversold, put/call ratio near extreme levels, May is historically bullish for tech stocks (if earnings come out good). Bitcoin will probably chop around here and close month negatively (first time in 8 months), then to the moon! And even if there is a larger correction in the future, it will happen above previous ATH, that's where BTC.D dumps and altseason kicks in. So the fun is just getting started...It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@TobiasHawke .
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Tobias insights. It's akin to finding a diamond in a coal mine.
The market is not necessarily a rollercoaster if you know your way around it, but If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. Took my own advice and as of today, my cash reserve has yielded from $350k to nearly $1m in months
Tobias gave me the autonomy I need to learn at my own pace and ask questions when I need to he’s so accommodating.
Everyone young doesnt remember interesr rates on mortgages and car loans in the 80 s were like 12 to 14%.
We got as high as 19%
True but prices weren't inflated like now
@@marcuswelby9601 blame govt for making money with no assets behind it and diluting the currency.
@@blazeboyblazeboy4470 I'd take 30% interest rates for a $50k house any day. The 80s were a great era, today we have stagflation
I thought we already had a soft landing by borrowing 7 trillion?
That was 'money' printing on a computer keyboard then PRESS ; ENTER! Inflation via increase in the money supply devalues that $$ that was already in the system eg like pouring more water into the milk you already have.
Thanks
so is the solution buying gold coins at costco
Not until you don a face diaper and stay 6 feet apart.
who idea was it to spend money you dont have and now finish what you started, whats the plan going forward? can anybody answer that question?
THANKS
Of course.They're gonna do this if Trump gets re-elected which they expect.They don't want anything to be easy on him.They're gonna make it as hard as humanly possible
Are you dumb trump led us here........
Zion Don will warspeed another 6 trillion to Israhell
Yes, they're going to trash the economy like they did with COVID.
2005 bought 1973 home needing TLC for 99k from a retired old lady. It was on thr market 1 year. Monthly payment $700/month. Insurance extra. Sold it 2019. No more home loans x 2, 1 was a variable rate. Paid off my truck 2023. Medical bills paid. 1 more credit card payment left. 1 more other bill and done done. Learning what more freedom feels like 2024.
Explain the record profits being reported! It's not layoffs, it's technology replacing humans! As far as credit card debt. You chose to get it, you chose to use it!
Hard landing…..like a 747 auguring straight into the ground.
No, it's actually a Max 8 that was built for profit but not for safety.
Are interest rates high or normalized?
If the real inflation numbers wore shown, The encomenty would crash that day...
Folks talk about soft landings and hard landing. Both are impossible absent free market influences. There are none left. So, where is any recovery going to come from?
HVAC small business owner, and new construction has been down down down for 6 months. NOT GOOD
Dupont in towanda pa is laying off
The average American family of four’s MONTHLY bills are over 800 dollars higher than 2020.
Your fine! Your Happy! This is what the current administration wants you to believe!
73 mk 2
We are just now beginning to buy the food that was planted last year with the highest input costs in human history. I had to smile last year when all of the experts were talking about "transitory" inflation. 🤣
I don't foresee a hard landing (recession and deflation), but a landing that's so soft that the plane doesn't touch the runway and has to pull up again (another inflation spike and meager growth). I think the Fed will eventually have to rise rates but will probably wait too long and be forced to overreact. But I have humility and admit this is very hard to predict, we might yet be okay if the next 2-3 months of inflation readings drop again and the last 2-3 months prove to be a blip.
What happens when that plane runs out of gas dum dum?
It’s WHY I wrote a book, Back to Frugal. Many People need to start living more frugally. Some older people will tell you they wish they didn’t spend on stupid things in their 20’s or 30’s. In our country they’re predicting a huge amount of travel this summer, and I’m guessing a majority of those carry cc or some other debt. Some people just feel entitled to have a lifestyle but realistically they can’t afford it. I have friends in multiple states that don’t pay off their cc debt and continue eating out at expensive restaurants, take their daughters out for mani, pedi dates, trade in their vehicles every 2-3 years, etc. Too much mindset of instant gratification. It’s really sad, and scary where our nation is going. Best I can do is just make educational videos that go with my book, to try and help those that want it. Frugality = Financial Freedom 👍
Make a list of companies that aren't planning or doing layoffs it'll make your job easier.
you know things are bad when the when this type of dialogue used to be reserved for an airport....
thank you for all of those who voted for brandon and his genious team
Whitey fucjed up
Thank you for voting turd dump who actually appointed the guy in charge of rate adjustments to curb inflation.
Not sure how people can think the economy is in a good state when a gallon of milk is $9.99. EDIT: I'm in the city of Chicago, for those people asking where I'm buying milk from.
There isn’t anywhere paying 9.99 try and be a victim more you’re pathetic
Where do you buy milk 😂
At whole foods in SF?
2.69 target
@@Me-kf4ogread my edit
Blatant censorship too.
Wow
Landlords are going to lose it all once the hard landing comes, quadruple taxes and insurance is just a start 💀💀💀💀💀💀
If there are EVs in the rentals parkade, their insurance is void too.😊
@@censured-againwith all the earthquakes and swarms of them why would an electric car there would be know power
Taxes? You can't get blood out of a stone.
@@kathybryla3581Use an EV as a lawn ornament.
@@censured-again why would I waste my time on the garbage
The only thing that avoids the collapse of the economy in the US is the record-breaking government budget deficit for periods outside of recession or outside of periods of recovery from recessions. In essence, the government is creating debt in the economy to turn it into capital for companies and individuals. Take that crutch away and everything goes downhill.
u said BUY alaska energy metals- so i gave it a try..it has dropped .13cents since you recommended the buy..You have any other bright ideas??
Soooo hard landing hits the world..... but it's corporate and lack of velocity of money.
high inflation or hard landing doesn't affect BTC at all.
We did it, Joe 👏
Mission accomplished!
Don't you mean CRASH LANDING?
Upgrade. That was the word of the year in 2007.
Keep up the good work.
When the folks run for cash at the ATM the banks can’t cover.
Scary Everything
AN INVESTMENT FIRM PROPGAGATES FEAR....AS USUAL
Hard landing is like a plane with no wheels !
I remember that after the stagflation of the 70's, all these expert s preached inflation for 30 yrs. until they gave. I recall., the investor biker, Mr. Rogers, was on one of those Sunday morning. shows and repeated the inflation boogieman for about 10yrs until he gave up. Sometimes, I wonder why they are all not richer than Warren Buffet.
Hard landing or shot down?
The US economy is landing a$$ out in a corn field.
Hope it makes a crop circle that reads FJB
@@woohanrebel2549 yea, a magic 8 ball makes better decisions than him 🎱
Rising prices..Falling inflation? Why inflation excludes energy prices? Inflation is simply something is being inflated continuously! Priming final currency! Yes. Printing US$. it inflates away the debt but inflates personal debt!
Keep calling one you will get one in the end.
Recession plus high inflation
Yeah, we’re just getting softer and softer as a species. We live in the most technologically advanced civilization in recorded history. We have luxuries that Kings of the past can only dream of, yet all we do is complain. So soft.
Ohhhhh noooo😭😭😭
Things have been really rough for me for years now only getting worse !?😔🙏