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Cameron Long
If I feel like I have to eat peanut butter and banana sandwiches for lunch, it’s a recession.
I already am
Some of us really enjoy peanut butter and bananas.
@@BrokenWill EXACLTY ! Had one the other day and I am not struggling financially in the least.
With honey
Lotta protein and carbs. Dont overload on the peautbutter, lotta calories
“A recession by any other name would smell as sweet” William Shakespear.
During the late 70’s, 80’s rescission, best time of life, no computers to tell us all this, had gardens and plenty of canned food from garden stocked away and freezers full of deer, antelope, rabbits and chickens we raised. No 24/7 stock news & world news in one’s pocket driving everyone nuts. Ignorance is bliss. Father had a business everyone needed and I worked with him from age 10 and people that were struggling and trying we gave a break.
You are one of the fortunate ones! I was born in 1963. I’m fortunate too! God bless you.
What are they going to do, spend another 12 trillion of borrowed money again, that’s the only way it’s going to happen
Using their philosophy, it’s not borrowed money. It’s future tax receipts. 😂
That’s exactly what the plan is
Yes
As Alexander Tytler correctly said all democracies collapse because as soon as people realize they can vote for free benefits the politicians that win are the corrupt ones promising the most free stuff and they all collapse under loose fiscal,policy always replaced by a dictator.
😂 They just did! bbb
“Old fashioned common sense” I love George. Excellent video, very real and insightful when it comes to real data. He’s definitely right, there are two realities now
There are hundreds of realities. Just ask people.
The one thing that is certain, is that an idiot will invest into idiotic things. The amount of idiots in the US right now is at an all time high. TSLA is over $300, it’s laughable. The whole US stock market is a bubble.
Possibly, or conversly the dollar could be worth a lot less than we think. A melt-up is just as much a possibility as a crash.
much of it is just the dollar being worth less.
@@QuixPrimegold has always told us the dollar is losing value..it’s just not parroted by the MSM for obvious reasons 🤷♂️
That’s correct.
It cannot be allowed to burst.
The threat of it bursting is existential.
@oneeleven9832
Gold tells us more than that.
If you speak the language, gold revels all.
The current sideways volatility is particularly alarming.
It’s telling me that the foxes are being allowed to guard the chook house, even eat a few themselves.
It’s like not having an alcohol problem because you don’t see it as a problem.
I don’t have a drinking problem I just don’t have a problem drinking 😅
Drink, get drunk, fall down, no problem
Thanks George and rebel crew
It’s so interesting that we now recognize the power of narrative. I think there has always been a knowledge of this by the people in power, and therefore the incredible importance of propaganda to them. As we look back at the history of even our own country, we see how the propaganda say around wars or what have you was pretty strong. It all makes sense now.
Congrats on waking up! Welcome
trump is the best president in the history of the USA, he can get rid of joblessness, and change the direction of a hurricane with a sharpie pen.
He did “change the direction of a hurricane with a sharpie pen” and he also renamed the Gulf of America – Go MAGA!
@ajg9121 right, because we all know calling something by another name changes what it’s actually called.
executive orders are not laws in the USA, nor do they apply to countries outside the USA.
Wake up. For the love of God…literally.
According to Soviet leaders recessions don’t exist
All the data is flat despite our lived experience that prices have gone up 50% if not more for many products. We have been in a recession for some time from the middle class down if not a DEPRESSION. The blips we have seen of positivity were entirely based on the boost from government spending during COVID and now from people being stupid and taking out huge debt to maintain their standards of living
I personally think we’ve been in a recession for the past couple of years.
You’re right.
Don’t think we’ve been we have been since COVID
Yes if by recession you mean economic contraction in productivity. Equities though, forever locked in the 80s smoking rocks and pumping anything with a pulse.
Nonsense, didn’t you hear? They changed the definition.
Agreed, but it’s the kind of recession that is infuriatingly odd unless you understand it. Bottom 2/3rds of the Pop was barely making ends meet, while the wealthy and to a much lesser extent, asset holders, continue to buy and hold assets that appreciate in value. I saw this coming in ’21 and ’22, even called it in a couple of places. Doesn’t mean we don’t have some scary corrections, doesn’t mean the market won’t go down ever, doesn’t mean we won’t run out of gas and see a real bear market at some point.
The differnce between the old recessions and the new recessions is they dont tell you your in a recession 😊
Facts
They just debase the currency
*You’re in a recession not your.
Recessions are now only for mainstreet not wallstreet.
Exactly! Bottom 80% have been in an inflation laced recession since 2022
We do care what the government is telling us. We don’t want ‘our’ government lying to, or deceiving, us.
It is also important to remember that the American unemployment rate doesn’t actually track unemployment, but those looking for jobs. Just like how the inflation numbers specifically leave out the categories most likely to see high inflation, like food and fuel.
Lies. All damned lies.
Right. The labor participation rate is under 70% right now
Does employment data include illegal immigrants “loosing” jobs because they’re being detained/deported by ICE?
13:47 – “You’re losing your job, your friends are losing your job”
That was lol.
My friends are also losing my own job.
It surprises me why everybody gets really worked up about recession and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
I don’t really blame people who panic. Lack of information can be a big hurdle. I’ve been making more than $124k passively by just investing through an advisor, and I don’t have to do much work. Inflation or no inflation, my finances remain secure. So I really don’t blame people who panic.
True. I first came across investing in the market in 2019. Already stashed about $480k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn’t want to keep the value of the money depreciating in the bank. Tbh, it’s the best investment decision I’ve made since then.
I think this is something I should do, but I’ve been stalling for a long time now. Mind if I ask you to recommend this particular coach you using their service?
Lisa Grace Myer is the coach that guides, you probably might’ve come across her before I found her through a Newsweek report, she’s quite known in her field, look—her up.
Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
3 months from now, when you’re in the store and you’re like “damn why is everything so expensive?” Remember this comment, you got con’d by trump and his tariffs
Were you born yesterday?
You’re brainwashed