Forget Recession | This is the Next Great Depression.

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⚠️⚠️⚠️#crash #fed #recession ⚠️⚠️⚠️

Is this coming recession, earnings recession, and potential real estate / housing crash the start of the next depression? Possibly. Here's what's happening.

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Great job Kev! I am finishing the real estate course! Gotta be ready

Wornyochebtocoh
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The definition of depression will be changed so we won’t experience one at least until the 2024 election cycle.

perrymann
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The news is lying to us. House prices are crashing where I live.

retrogamer
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Kevin Today: This is the next great depression!
Kevin next week: I'm buying!

davadh
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Raising rates doesn't lower the price of oil, won't reduce energy costs, won't plant fields, etc

Nighthawk
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Consumers aren’t acting weird taking on more debt. They don’t have a choice with the rise of essentials such as gas and food!

nellybelly
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We never even made it out of the "recession"... So get ready for some very real pain very soon, the panic will make the great depression seem like a little financial bump.

Tikolico
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Kevin is a BEAST!!! He sold when everything was starting to burn, everyone told him he was insane!!! Look at him now!!! With basically no loss and has cash to buy hard once we reach the REAL BOTTOM! You’re the man Kevin!

emmanuelbaezcarventines
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So many of us opposed 2 years of lockdowns for this very reason. Now the chickens are coming home to roost.

scanspeak
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*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*

jerrymax
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Dudes your financial safety is more important than your financial freedom. Runaway and go chill till everything is dead.

mlebsir
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The only reason they are not at the levels of the 1980s is because of changes in the “market basket”. Measure inflation today the same way it was measured in the 1970s and I bet the inflation rate would be higher than 30%.

joemaloney
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This is the COVID pain, they overtreat it and delayed it, now it suffers when you stop the drugs.

mrunknownlin
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4 units in one building for apartment with a 400 dollar bump monthly. 3 units of the 4 moved out through these times. I was the Third Unit. Good luck 4th neighbor 👍 he had a late notice on his door too. We are in unprecedented times. Depression is an under statement

zenfuri
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Trucking industry is already in recession with prince of diesel averaging $6 per gallon, volumes of freight dropping as well as pay per mile for truckers. We are heading for a trucking-blood-bath.

StateCoTruckInsurance
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"Transitory great depression 😎"

kcjones
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Instantly subbed when I saw your shirt at 10:50

RunescapeGod
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The real problem this time is that we are looking at a solid food crisis on top of economic crisis on top of lending crisis. Plant a garden folks and buy some chickens

Dougie_trades
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Kevin: This Depression we are to experience will make the previous one, miniscule!

charlenemiale
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So depressing, sure am glad I panicked months ago.

donwatson