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Lol 😅
👍👍
In ‘06 I paid almost 5.09 for a gal of milk. And over 3.00 for a gal of gas in 07. Yes I noticed the similarities about 6 mo ago. FHA and VA are the new subprime. Private credit is the new CLO
Y E S!! WE R!
I think the system is too corrupt for them to let it fall down before 2028.
Home prices will. No one can hold it up. Stocks will slowly putter along then collapse. Rich will sell right before. Everyone else will lose everything
The corruption was always baked in, the fall happens when its profitable to do so. These people are way above caring for bigger numbers when they have millions of entire lifetimes of average joe money, they care about the power they will have when the dust settles. When i say profitable, they may lose fake money numbers but come out ahead with more ‘real’ things that puts them in a stronger position for like the next credit cycle.
Gas prices will go down a month ahead of midterms, both sides do it to buy votes.
HEYJOSH❤
Nothing was fixed from GFC 1.0 it was just kicked down the road. GFC 2.0 will just be the completion of GFC 1.0
Or a continuation depending on whether the authorities can continue to kick the can.
THAT is exactly correct!!!
Hopefully, more likely than not it will be kicked down the road again if they can find a way
Why fix it if instead it can be controlled through financial engineering?
That’s a well said point. Vix 100-150 2x magnitude of GFC 1.0
Been on the brink for a loooooooong time.
Burry was very early in the big short, but yes late cycles can grind for years, trouble is no one can tell when and if it will snap, can only watch the data and position for your risk tolerance.
@andye4453agree 100%
Correct. These so called analyst are playing against market sentiments for long time. last 5 years of betting against market is a blunder. In 5 years many analyst’s portfolio doubled.
I think they just pretending and scaring people not to buy. But they must be buying.
Its coming fast
In this video, George answers no to the question nobody is asking.
This is an infomercial for George’s private investing forum.
You are right, it will not be like 2006-2008. It will be worse.
The formula worked perfectly for an asset grab last time. It will work again.
Signal to buy.
Been waiting years and it’s not gonna happen. Stocks will continue to be pumped and those who live off that will do well. Things are expensive and incomes did not really keep up, it feels like a struggle for most Americans but they changed the definition of recession and will never admit we in one ever again.
The answer is we are already in the spiral, most don’t realize it on the macro level.
Will it? Will it surprise me?
so is unemployment rate actually around 5.5 or higher maybe 5.9 if I mathed it right
I would love stock crash. I am already preped.
I love watching you George, and will continue to, but good Lord, you’ve been calling for this crash since 2021. LOL. You’re funny!
I think the goldbugs were right
George excellent conclusion 😂👍👍👍