The Entire Economy is Collapsing and You’re Not Paying Attention

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Sources Used in This Video:

[marytica]

Our local Dollar General is on the verge of closing. It's "core customers" (low income) have run out of government assistance and cash, and aren't buying anymore. There is a sense of DREAD at the department stores - many layoffs, lower work hours, few customers who buy anything. These are all signs of a DYING ECONOMY.

[ericmadsen]

I miss your daily shows but I understand why this move was made to go weekly. regardless, I learn a lot from every episode.

[ZadakLeader]

We are paying attention, David. The numbers are all bullsh*t... we are not doing well and no expert saying otherwise can change my mind :P

[mystiquesquared]

Some of us are actually out here noticing stuff. Crazy, I know.

[ricski]

Seeing checkout anxiety at the supermarket
People hurting

[RonaldYeates]

Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long Gold and Crypto. Go long emerging market 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 Milton Harper’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[MrPatrick]

Stocks at all time highs. Wall St flourishes while Mains St. languishes. Same old

[michaelluft]

You are so right our economy is in huge trouble its crumbling very fasr

[darinmullins]

People are still taking vacations going out to dinner ect. And spending money they dont have .

[melol]

The worse people getting hurt the most are the seniors, the handicapped, the young people, the gig economy folks... cost of living is unsustainable and not just anybody can access or work a job! I'm dying of a very rare untreatable bone cancer. 8% survival rate.. my son too is now terminal with no longer treatable leukemia as well. The Healthcare system is horrid and severely cut back.. peoples with terminal cancers, seniors and peoples with chronic severe conditions are being turned away and/or dropped altogether! Btw...my terminal bone cancer has now spread to my skull and face..and is growing on my eye sockets, cheekbones and left lower jaw. If it spreads to my optic nerves I'll be completely and totally blind.. and my cancer is very quick, aggressive and NOT TREATABLE! Time is also not on my side as my cancer has spread everywhere imaginable now. I'm surprised I ain't dead yet.. but I was suppose to be long dead by now... but everything cancer wise is becoming extremely short now...I definitely don't have much time left..but anyways... there are certain folks who by all means can no longer work.. they are definitely feeling the squeeze! There are the many who do fall between the cracks after all! Anyways.. I digress.

[MrPatrick]

The financial media spinners make it appear that because one stock (Nvidia) is doing well everything is awesome and its your fault you're falling behind.

[angieherron]

Thank you David! God bless you and your family!

[roadtested]

Dollar stores are morphing into higher priced convenience stores.

[DJIrisch]

we don't have to go to New-York, here in Alberta, my kid said to me 50%+ people not scanning their LRT card/ (transit pass)... they only scan if a peace officer or a transit agent on the terminal

[jaygunter]

"Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times."

[Winkkin]

I live in Milwaukee and gas prices are down, grocery prices are down, rent/housing prices are starting to come down. Social Security went up 3.2 in Dec and my pension went up its guaranteed 2%. I'm actually doing better than I was last year or any any year since covid.
BigLots tanked when they couldn't get shipments during covid. The supply chain never fully recovered because of the suppliers thatt went out of business. This is the new normal. Its not surprising that styles, trends, and societal changes result in changes in inventories and offerings. Any good manager cuts under-performing employees, brands, branches, and facilities. Thats what a good manager does.

[mikeh]

10 million Venezuelans on the way to the USA now.

[MARILYNANDERSON]

Our Riteaid has empty shelves and can't get the credit from suppliers, such as Jack Daniels and Budweiser distributors, needed to retail their products.

[josevillasenor]

Local shopping centers parking lots half full . For lease signs everywhere and immigrants walking wiith 6 children free Food stamps housing and healthcare....🤬🤬🤬🤬🤬

[propeacemindfortress]

has the 2020 "shut it all down (but go direct)" gg reset button finally hit the next level up?
and it's still ongoing, only the means have changed...