Black Swan Event Imminent! (Destruction of the Middle Class is here!)

Here are my thoughts on the war on the middle class. Times are getting rough!

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Please consult your on professional, insurance agent, Real Estate Agent, lawyer, Home Inspector in your own state. I am not a lawyer!

[Keggers]

One thing I have learned about the stock market is that it is very very manipulated. It will not let investors know when it go up or down. It will always do the opposite what investors think it might do... If investors can figure out what the market is going to do, companies will go bankruptcy.... So I don't waste my time and energy to bother what the market is going to for me .. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[mauicountygis]

From 1971-1995 the financialization of the economy was a strip mining operation. Then in 1995 the global capital decided to pull up tent stakes in the US and move to China. Thus the move to involve the US in as many wars as possible to shore up their tribal center....to use it up. The final use of US blood and treasure is upon us. Unfortunately it doesnt matter who you vote for, . All are compromised. Hopefully at the end of this we can be a normal nation again, but it will be ugly and expensive in blood and suffering. Protect those you love. It's all you can do.

[evas.]

I expect it. You can't run the country as it has been run and not expect a total collapse.

[AberrantArt]

"YOU'LL OWN NOTHING AND BE HAPPY" - WEF
The plan is to get everyone on CBSC and make you rent everything.

[boortzfan]

Gen. Smedley Butler wrote the book WAR IS A RACKET. I think he knew what he was talking about coming out of WWI. He had first hand experience.

[evas.]

It will be like it was before on the housing market. People will walk away from their homes. They will own homes that are worth half of what they paid for them. I expect it to get bad. The wealthy will come in and buy them cheap and wait until the market gets better and then sell them. Or rent them out.

[dluff]

I have my financial base set first; no debt, 6 month emergency fund, and proper insurance.

[paulwilson]

It feels like a financial collapse is here. Japanese market and south Korean markets down 4 percent and shut down. Not a great scenario.

[missourirebel]

New cars are sitting on the lot up to 800 days and dealers won't negotiate on these aging vehicles

[weatherham]

Now, starts... 7yrs of down cycle for real estate.... down side risk... 60 too 80% loss.... has done this... since the 1860's.... go to cash...🎉

[dustyflair]

i want to be able to afford a ham sandwich again...

[Serenity-unuh]

Just took a screenshot of my retirement account balance. Sounds like all I will have left is this screenshot soon. Again. Thanks for ending with greener pastures. I wonder who will own them. 😂

[dannyd-rockmahaffey]

Excellent video Jack!!! VERY informative and enlightening ...So glad you are seeing the 35k view!! Love that you've gone more macro in terms of a larger footprint of what is going on in this country/world..Stay the course and keep us up to date! We dont get this kinda of news on {name the channel}...Gorgeous day in NP....word...God Bless America!!!

[bradbradshaw-in]

the middle class has been in decline for the last 40 years. it takes 2 incomes to be equal to the way i was raised (middle class) and i am 70 years old. it started when manufacturing jobs were sent to other countries. the people were appeased when they were middle class. now you are seeing the result. ross poroit talked about it at the time. a giant sucking sound.

[greenatlmom]

My son works at a preschool with an insane waiting list.

[monicasweetheart]

Your buddy don't own those houses the banks own them and if he wasn't figuring insurance was going up in Florida he may need to consider another profession. As far as the middle class we have been getting shafted since they came up with the middle class designation.

[bigbear]

Truth. So much of what you’re talking about is right on. It’s a strange world when media treats adults like children and we have to look to each other on YouTube to share experiences all over the world that are so similar then realizing it’s a collective experience by design. The great reset. Black Swan imminent.

[typeorulz]

Lots of things that would never have happened before or happening now. Big changes happening. But human nature doesn't seem to change.

[globetrotting]

There's a massive wage gap right now. Housing grew 43% between 2019-2022 while income only increased by 7% in that same period (now counting insurance rates). This has caused a housing bubble. Housing bubbles always crash. Considering the income gap, I think the crash is going to be much more than just 15%. I'd bet upwards 30-40% in order to close the wage gap and possibly more to make up for insurance inflation. Hopefully not, though. People who are barely hanging on with their house and insurance payments should sell now.

[donmiller]

Hey Jack! thanks for the observations. Im wanting to build a house in Washington County but watching the current market trends down there, i'm thinking of holding off to see what happens. I know i'm not alone in this