The Home Depot Issues Dire Warning To The US Economy

So far in 2024 there have been more layoffs and we can't even count. Every week dozens of companies are announcing more job cuts we get we keep being told that the economy is doing great. Also, something I want to uncover in this video is the booming stock market. One of the reasons the companies are doing so well is because they are cutting a massive amount of jobs reducing their expenses. Not something you would see in a strong economy.

[DonaldMark-nese]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[kortyEdna]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[PASCALDAB]

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

[KarenLavia]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[GillerHeston]

The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

[PianoMatronNeeNee]

Great video! It’s Not what they tell you, it’s what you SEE.

[Highlander]

Theft is something that needs to be fixed both in Stores and Government…

[chapinpepin]

Realized or what they have lied about making a sound decision difficult?

[terrie]

Eh. Stock mkt still record high. Everyone flocks to the stock mkt because that is the only place you can make money. Hence there is now a disconnection between reality vs stock valuation. People are also dumping all their money on indexes to fuel their retirements, these automatic reoccuring retirement investments just mindlessly keep buying stocks even at super rich valuations.

It is what it is. Everyone keeps doing that and buying shares and stock rise and you can make more money.

[ronaldoconnor]

Does this mean the taxpayers are going to pay for this shit too!

[hermanrogers]

You better start with the grocery stores

[mylegalassistants]

Listen up Walmart - TEMPORARY CONSTRUCTION JOBS TO UPDATE STORES DOESN'T HELP LONG TERM JOBS! YOU'RE UPDATING OF STORES WILL ALSO TRICKLE DOWN TO INCREASED PRICES FOR US! YOU NEED TO KEEP CURRENT EMPLOYEES AND UGLY OLDER STORES TO KEEP OUR PRICES LOW! WE DON'T NEED PRETTY UPDATED STORES WE NEED LOWER GROCERY PRICES!!!