Is This Proof We Are Actually In A Recession

Ken McElroy and Danille McElroy explore the paradox of America's 'Silent Recession' in this livestream. Despite positive GDP growth figures, many Americans feel as if the economy is faltering. Join them as they analyze economic indicators, government spending impacts, and the underlying factors that make a strong economy feel like a recession..

You can listen to an audio replay of this live stream on Ken and Danille's podcast! Follow your favorite platform with the links below!



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ABOUT KEN:
Ken is the author of the bestselling books The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABCs of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.

Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.


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Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.




#KenMcElroy #RealEstate #RealEstateInvesting #inflation #inflationrate #inflationimpact #fed #fedreserve #interestrates #SilentRecession #Economy #GDP #GovernmentSpending #Recession #EconomicAnalysis #USJobs #FederalSpending #RealWages #ManufacturingDecline

[KenMcElroy]

If you want to see how Ken made billions in 2008, and how that compares to what he's doing today. watch it next here

[gloriaramirez]

On the upside, we have 95 billion to give Ukraine, Isreal, and Taiwan.

[LuciaMaltipoo]

I bought a new car battery a month ago, up 80% from 3-4 years ago when i last replaced it . A far cry from the wage increase 🥵

[phillbenitez]

A friend of mine who used to work with Uber. Not anymore, because in California there’s thousands of Colombians immigrants who take over Uber and Door Dash, but they create a different Door Dash under different name, and the reality Door Dash and Uber are going downhill !

[MichaelSmittySmithScottsdaleAz]

It's strange. Everyone I know who is middle class or below is hurting and the stock market is at all time highs? How can that be?

[ElCidPhysics]

I'm in healthcare and NO ONE that I know received a15% increase.

[DadofMars]

$120, 000 a year no longer puts you strongly in the middle class (East Texas)

[YHVH]

Best thing to do imo during times like these is go out and buy the things that are increasing the most in price. Store food, buy gold/silver, and whatever else you think you might need in the near and distant future while you can still afford it.

[Silva-OFFDuty]

I work for a huge corporation and we’re laying off. They announced 12, 000 jobs. Their last day is 4-30-24. It’s sad.

[JK-ksxq]

We've been in recession and stagflation for @ 3 years now.

[albender]

Ken you are a great person helping all to get more educated financially.
You helped me get out of a 16 MM bridge debt moved to FNMA because of your correct predictions! Thank you

[zeusbear]

My brother just has to lay off his whole team today...for big pharma. Let's keep talking about what's really going on..

[renaissanceresurrection]

Amazing content. Thank you for the education.

[graveyarddoji]

I’m so glad you finally are saying it. I’ve been commenting on everyone’s videos about economic saying the real reason the GDP is positive is government spending

[sues]

I lived through the Great Recession of 2008, and I am seeing the same exact things happening. We are definitely already in one. This time will be worse because of the high inflation. Groceries did not spike last time, nor home prices, car prices, etc.... It will be more painful this time around. It took 8 years to come out of the last one. This time around, people have more debt and less savings. Brace for impact, the storm is here. If you got into debt up to your eyeballs, it isn't going to be fun to try and ride it out. Your debt will be like an anchor around your neck, and the storm will tear your ship apart. Claim bankruptcy now, don't keep getting into debt more and more, these things take years to come out of. If you default on your credit cards, then years down the road they could garnish your wages (It happened the last time around). You are better off claiming bankruptcy, then they definitely can't come after you for that money in the future. Your credit will be hit for 7 years, so you will just have to deal with it in order to survive.

[kellensmith]

I'm in trucking in Wisconsin. Freight rates are way down. We are still hiring drivers though.

[jared_vincent]

Low interest longer term mortgages. 40-50 year mortgage. Lowers payment. Keeps principal. Everyone solves to the payment.

[michaelswami]

Holding steady despite being covered up with work. We are a capital intensive business and interest costs are now up 40% since 2021.

[GnarlyRigs]

Noticing an up tick in layoffs with companies like L3 laying off 7000 people in a single county alone.

[FelineAirstrip]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?