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Cameron Long
Some of us have been panicking for the better part of a decade. Catch up!
Well with all the panic you missed out on alot off stick growth
@@memenone501many people cannot afford investing the cash that they do not have.
I’ve been calling for a second great depression for almost 14 years now. I’ve been wrong for a very long time.
Considering government spending has made up a gigantic portion of the GDP for an extremely long time. Cutting government spending is going to shrink the GDP for sure. There will be pain before it gets better
How does the Kool-Aid taste?
@@wesleyhurd3574Tastes like dessert not the sh1t
we were fed the past 4 years by |€ftist |00ns
And that would force the FED to lower interest rates which trump and treasury secretary want badly.
Not to mention pissing off are largest trade partners, lots of chaos, uncertainty, the tapped out consumer and so on.
So far, no cuts have been made. It doesn’t explain consumer activity at all.
We’ve been in a recession for a year already, this is all late news. Just look at gold prices.
wrong. if we are in recession, your money will be zero
Some of us have been, now all of us will be. Gold will be going up even more
Wait until they come up with that audit thing they are planning to do this will shock the world
No, we haven’t.
Yoi cannot change the narrative.
The economy was doing well, with inflation beginning to better controlled until y’all voted in the Orange Gremlin.
Tariff wars, federal mass layoffs, it’s game over.
Unemployment is a lagging indicator. By that time stock market fallen.
Trump laying off 100,000s of federal employees, this isn’t seen in the data yet…will take a couple of months.
Looks like they’ll get their lower interest rates they want eh? Then market go up again, same old story at this point.
“Blame Trump” time again, skippy? 0biden set this all up from DAY-1, when he choked energy, causing all other goods, services & food prices to spike.
Laying off GOV employees is debt anyway. Real jobs from manufacturing/services etc would be the focus for real growth.
I don’t think Federal layoffs are as significant as you think. The job market is (as of today) still strong, and those employees are likely to find employment elsewhere.
The tariffs (should they continue) are what will lead to that major spike in unemployment. We can’t even comprehensively estimate how many industries will be gutted in this new economic environment.
needs to be a lot more than 100,000 of the bone idle dossers
Well how else are billionaires gonna force millionaires out of business? I mean this is how you crash asset price so you can buy them up cheap.
Yup
Called it 5-6 years ago
We have been in a recession, they are going to crash it.
Yup. You think this is the “big reset” we hear about?
Yeah, more to come though
This is where the fun begins
Raymond, are you saying game-on, to George Gammon ??
I’m trying to cancel my health insurance so I can afford food.
That’s so messed up
I did that back when Barry was elected, then I got fined on my federal taxes too. No Vaseline was used in the process
Yup was just going to mention the berry taxes 😢
I absolutely knew this would happen as it comes to increased spending on essentials hand in hand with steep decline for non-essential services and personal wants.
Now the SHTF.
They better let the bankruptcy’s happen this time
It’s not time to panic. However, it is time to prepare for stormy weather on the economic horizon.
How?
@@Pointerfinger_1pay off debt and save.
@@Pointerfinger_1Saving and preparing for potential job layoffs. No investment strategy is recession proof.
One of these days George is gonna be right. He called a recession then the stock market had two of its best years
Its all about probabilities. Back then it was highly likely for USA recession, then gov spending post covid that lingered reversed that trend. Wasnt wrong, but new info needed to be taken on
Nope. The actual reason is that the real economy is decoupled from the stock market. Real world doom & gloom is not reflected in the glitzy lights of the casino.
Crash it. Too much froth in the housing market. The kids can’t afford a house.
some millennials too
let me tell you. In the netherlands it is the same problem. Very expensive houses. Not enough houses. And expensive food prizes.
This has been worser than 2008. I don’t remember seeing tents and people living on the side of freeways in broken down RVs in 08
Last time, consumer demand for real estate was propped up by a massive construction sector. This time, consumer demand for real estate is driving people to the streets.
This is 2008 pal. The problems were never addressed. Sit back, relax, enjoy the ensuing s**t show.
Then maybe you weren’t in an area hit as hard. But there have been people in tents under freeways for years. 2008 was real bad. But since the government deficit hasn’t been fixed, this will be worse. I’ve seen the homeless/freeway tent cities getting worse since then
the economy doesnt turn on a dime. this has been coming for years.
That has never been a true statement. It most certainly can, if it has enough of a negative shock. Minor inputs often take a while to show results or problems, but nothing about what is happening is minor. These are major shocks.
It did turn on a dime when Covid hit.
I’m making $500 a day with Moonacy protocol. Watching traders is just funny now.
😂 like we didn’t see this fake house of cards collapsing
All these issues stem from an economy grappling with uncertainties, including housing problems,foreclosures, global fluctuations, and the aftermath of the pandemic, leading to instability. Rising inflation, sluggish growth, and trade disruptions demand urgent attention from all sectors to restore stability and stimulate growth.
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We’ve already been in a recession. Remember when “they” changed the definition a few months ago.
Honestly, this situation makes me uneasy, especially with the potential depression, not just a recession. I’m not sure about my $130K investment strategy given the economic uncertainty.
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