Inflation is Taking Down the U.S. Economy as Many Prepare for Another Great Depression

  Переглядів 129,579

Sachs Realty

Sachs Realty

15 днів тому

Inflation numbers rising as many prepare for another great depression. Live show with John Rubino
#usinflation #useconomy #housingmarketnews
John Rubino: rubino.substack.com
Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor.
Any information provided in this and any of Sachs Realty's videos and/or descriptions are for entertainment purposes only and not to be construed as broker representation, legal, financial or tax advice. All content written, spoken or implied is for informational purposes and deem to be accurate, but not guaranteed. It is your sole responsibility to verify any and all information for accuracy and correctness.
Todd Sachs or Sachs Realty is not representing you unless you have a written representation agreement. This is not an advertisement for a property for sale, and if you're currently represented by another Real Estate Brokerage, this is not an attempt to solicit your representation.
Sachs Realty is EVERYTHING REAL ESTATE!
Looking to buy or sell? We efficiently assist buyers, sellers, landlords and tenants in Maryland with both residential and commercial real estate services.
NOT IN MARYLAND? We offer nationwide assistance to buyers and sellers through our PREFERRED BROKER REFERRAL of great real estate professionals like us!
If you're in need of residential or commercial assistance, you can always expect timely, reliable and top-notch service from Sachs Realty or any referral agent we recommend.
What's your real estate need? We want to hear from you! Email Todd Sachs directly at ts@sachsrealty.com with your inquiries.
Main Office: Sachs Realty 443-318-4514
Maryland Broker License Number 607720
Equal Housing Opportunity

КОМЕНТАРІ: 574
@nathanielcarreon5634
@nathanielcarreon5634 12 днів тому
We are in a depression already unofficially
@MasterRoss-sn7dl
@MasterRoss-sn7dl 11 днів тому
How? Ppl still employed
@assyholey4224
@assyholey4224 9 днів тому
Employed at what. Steel Mfg. Car-Mfg.all 75hp tractors and down are not made in the US. Take a ride on Amtrak and look at all the empty giant MFG facility's the rail will take you a reality check.WE MAKE NOTHING
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
@@assyholey4224There is a reason why those bad trade jobs are going under, justifiably. Create ethical businesses.
@sagarrajak5313
@sagarrajak5313 8 днів тому
That's what happens when you vote for bdn
@j3558
@j3558 4 дні тому
@@assyholey4224 and then they dumped millions of brand new cars into fields that couldn't sell too
@paulaballetdancer4432
@paulaballetdancer4432 10 днів тому
My Hamilton Beech toaster just died and I am sooo sad! It has served me delicious, toasty bagels, waffles, cinnamon toast since 1971. Now that WAS American made. 1971-2024 Rest in Peace Toaster. 🌱
@donnielama6459
@donnielama6459 7 днів тому
Damn... You got your money's worth out of that toaster for sure! :)
@arobertpetersen
@arobertpetersen 6 днів тому
Lemme guess, it was avocado green or yellow? Quality products back then, for sure.
@paulaballetdancer4432
@paulaballetdancer4432 6 днів тому
@@arobertpetersen yellow 😄
@DouglasLippi
@DouglasLippi 5 днів тому
​​@@donnielama6459lol it probably used a Megawatt per slice and was costing $50 each
@donnielama6459
@donnielama6459 4 дні тому
@@DouglasLippi true. Nice Drumset btw
@joshuareuss2472
@joshuareuss2472 12 днів тому
Rubino is one of the most honest economists out there. Glad to see him here!
@malichicu
@malichicu 12 днів тому
The guy is brilliant. So articulate ❤
@brucewilds7102
@brucewilds7102 12 днів тому
I wish they allowed him to talk !
@Detached_AZ
@Detached_AZ 11 днів тому
@@brucewilds7102 R U kidding me? He dominated the conversation all 2 hours!!!
@potnoogle5780
@potnoogle5780 8 днів тому
Because he is white?
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
He is one of the most dishonest I have ever seen.
@HisCoconutGun
@HisCoconutGun 11 днів тому
The government will absolutely choose hyperinflation.
@Elias-yx9gx
@Elias-yx9gx 9 днів тому
hyperinflation of the currency or just prices of everything?
@HisCoconutGun
@HisCoconutGun 9 днів тому
@Elias-yx9gx If you hyperinflate the currency you hyperinflate everything
@vberry2415
@vberry2415 День тому
There is NOTHING " mainstream " about the media anymore! That is lazy alliteration and wildly inaccurate. They are nothing but the CRIMINALLY complicit media CCM #CCM
@georgiahomeboyy9855
@georgiahomeboyy9855 4 дні тому
what worries me the most is our vote doesn't matter anymore!
@josephkazilionis2707
@josephkazilionis2707 11 днів тому
The problem with inflation is that most people think of it as going up or down. Inflation is cumulative! You can think of it as a pile of cost and each month we measure it and it gets added to the pile. Inflation doesn’t get smaller, it just grows at a slower or faster rate but each month it gets added to the pile. That’s why people feel worse off because the cost of everything keeps getting bigger!
@Z28videogates
@Z28videogates 6 днів тому
Spot on, it would actually require DEflation. It's like home prices in the late 60's to the 70's, despite a crash, the new low is never as low as the last low and likely not even as low as the last high. I see the solution is to increase supply way ahead of demand. For housing, change the laws. First time buyers are at an all time low. Boomers have had the voting power for the last 50 years but in 2028 it will be millennial's for the first time so we will see things favoring them soon just like it did for boomers. Not blaming boomers, it's just that the majority voters get what benefits them and the boomers are no longer going to be the majority. It will be interesting to watch.
@bpb5541
@bpb5541 13 днів тому
Yes he said it... I have been saying it for over a year. WE either crash or we hyperiflate, pick one.
@antpoo
@antpoo 12 днів тому
Nah soft landing.
@user-py7hg1eb5m
@user-py7hg1eb5m 12 днів тому
Print more
@bpb5541
@bpb5541 12 днів тому
@@antpoo good traders (and investors) play probabilities and possibilities using money and risk managment. How many times have we not had a recession or depression when the yield curve reinverted? Thera are arguments for 9 out of the last 10 but some say 10 out of 10. Is it possible we get a soft landing. Of course it is the probabilty of that is almost zero. That like you knowing that 9 times out of 10 ten its going to a red card... but you still bet black. You could win but the odds are not in your favor. If you are betting on back may i suggest you do not go all in on that color... maybe scale back just in case I am correct
@bpb5541
@bpb5541 12 днів тому
@@user-py7hg1eb5m You do realize that WWII had a lot to do with Germany's currency going almost worthless? That is because of money printing. It works until it doesn't and then the bottom falls out. A lot of folks say we are the world reserve currency we can print as much as we want with not consequences (MMT) wich of course is nonsense because if that were true we would not be dealing with inflation... and even Yellen has said we are losing more and more of the reserve currency status as time goes on. So we might very well print even more money but if we do there are consequences.
@user-py7hg1eb5m
@user-py7hg1eb5m 12 днів тому
@@bpb5541 it’s by design
@tryolegend
@tryolegend 12 днів тому
Working in walmart. Supermarket is respect. Whats wrong with that job? Whats wrong with a pumbler job or a rubbish collector? Electrician. I respect them. They make things work. On the other hand why respect the looters or the people who break in and stay at houses. I much less respect all the politicians who make laws that they use to get ur property and turn it to theirs.
@troyreuter8110
@troyreuter8110 5 днів тому
Great point!!!
@acesupsilver1039
@acesupsilver1039 13 днів тому
What I remember was everybody having bumper stickers BUY AMERICAN . but as usual the establishment was not put there to Hear Us...
@joeholden6224
@joeholden6224 12 днів тому
People dont even buy American cars now to put these stickers on. I'll never drive an import
@oldarkie3880
@oldarkie3880 12 днів тому
Buy American on a Chinese EV LOL
@sunso1991
@sunso1991 10 днів тому
funny thing was the car parts are most likely made oversea, and the sticker was made in China LOL
@pstoneking3418
@pstoneking3418 День тому
And now very little is even made in America. It's sad we've been sold out to other countries. Personally I blame it on the unions. One of my jobs I had , the union took us out on a 6 month strike, because they were trying to get us pay raises that the company couldn't afford. Everyone I spoke with wanted to go back to work, but the union kept us out. We never recouped what we lost during that 6 months, even with the wage raise we ended up getting. Unions drove our companies out of our country by demanding too high of wages.
@kathrynj.hernandez8425
@kathrynj.hernandez8425 9 днів тому
Inflation is a deliberate policy. Could listen to Rubino all day long! Love his gentle, kind voice which overshadows the brutal truth. He's killing me softly!
@lindamorris1035
@lindamorris1035 12 днів тому
Been prepping for 25 years and i continue to try and educate people about real money and fiat currency. I usually tell them to watch the hidden secrets of money on UKposts! Education is power!
@dakotathompson8062
@dakotathompson8062 10 днів тому
How have you been preparing? Silver?
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
How do you educate people? Do you have your own UKposts channel?
@peterwilson9327
@peterwilson9327 13 днів тому
Silent Spring was required class reading back in the 1960s. We have poisoned our planet, but life goes on 😢
@shanejones578
@shanejones578 12 днів тому
Today it’s books based on socialism and communism. Foot in the door method.
@assyholey4224
@assyholey4224 9 днів тому
Not for long. 12 mouths of your lucky.
@DouglasLippi
@DouglasLippi 5 днів тому
Not possible to poison a planet.
@megwriter3power-gg6ml
@megwriter3power-gg6ml 12 днів тому
Multiple dwellings are building fast in the United Kingdom 🇬🇧 and yes it’s their plan to make us renters. Thanks for keeping me informed about what’s going on in the United States market.
@ph00n0
@ph00n0 11 днів тому
Good way to screw over the consumer market in the meantime.
@buy.to.let.britain
@buy.to.let.britain 10 днів тому
this is why people in the uk dont work too hard.
@robertko5425
@robertko5425 9 днів тому
Yep - just go to Los Angeles in California and see the millions of HOMELESS TENTS all over this once prosperous city in Southern California, and is spreading into Santa Clara County where Silicon valley is as well.
@megwriter3power-gg6ml
@megwriter3power-gg6ml 8 днів тому
@@robertko5425 wow, I lived in the Bay Area in the nineties. Oh wow-sad
@powerbuoy
@powerbuoy 8 днів тому
Yep, you'll have investment funds buying up single homes, effectively blocking buyers who then have no where else to go but renting 2000 dollar 1B1B 700sqft, happens in the US right now
@lawyer1165
@lawyer1165 12 днів тому
Your guest said the federal government has only two ways of ending its debt problem: (1) deflationary depression, or (2) Weimar Republic-style inflation. A third way also exists-raise taxes on those most able to pay. By coincidence, those people and corporations were the ones who benefited the most from QE and excessive Covid spending. In addition, the politicians will have to quit wasting so much of our money.
@josephpurdy8390
@josephpurdy8390 12 днів тому
Federal government tax revenues are up 36%, since 2019.
@gfyabc
@gfyabc 12 днів тому
The top 10% of income earners already pay the vast majority of income taxes. This is a grossly naive and uneducated statement straight out of a collectivist echo chamber.
@snow_tacknives2024
@snow_tacknives2024 11 днів тому
Who's the debt owed to? Know one can ever answer that question! This whole debt issue is a farce. It's all numbers and numbers can be easily zeroed! If they wanted to they could roll prices back across the board to 1959 prices. People are "human chattel property" to the federal government and their wealthy owners/corporations this is why we were issued a social security number, we are the slaves and our work output is their commodities gain. For the last 100+ years the ultra wealthy who own us chattel they prospered through our knowledge and labor output and or knowledge input which always benefits the rich. Patents are stolen from the creators, ideas are stolen from the the chattel and the idea makers "chattel" pay taxes on their own labor output and on the items we purchase. It's legalized theft! our ideas/knowledge are stolen while they make all the money we're thrown crumbs. Now all that collective knowledge and ideas have made them billions the chattel which is us are no longer needed, thus they labeled us now as useless eaters. We're now not needed! This what I call a silent depression that is going on designed to eliminate the middle class and lower middle class. You won't see this comment as the shadow ban all my comments.
@rafalrocks
@rafalrocks 11 днів тому
Correct. But the last time this happened in a substantive way in the US was because the Great Depression happened and unions put a lot of pressure on FDR to institute widespread social safety measures and increase tax rates on the wealthy.
@darylkitchen422
@darylkitchen422 8 днів тому
Take all of the wealthy people income you still could not pay the debt
@ruthbarrett3301
@ruthbarrett3301 11 днів тому
I am in Canada and have begun to watch you faithfully...as it goes in the States Canada is sure to follow...cannot thank you enough for your willingness to dare greatly.. .your content is important honest timely and very entertaining...keep up your great work Todd and Melissa....so appreciated
@karensosa4767
@karensosa4767 12 днів тому
You just have to research items. About 10 years ago I purchased a outside extension cord. It was a lot more expensive than what you can get at Walmart. Although, you do not have to be concerned about it ever going bad!! Four years ago I purchased a sturdy cat scratcher tower, It cost almost 80 dollars. It is many times more sturdy than the other ones sold at shops. The one I purchased was made in America.
@user-wq7yc2om3d
@user-wq7yc2om3d 12 днів тому
Can I ask the brand of cat scratcher? I'm in need of a replacement. My 15lb boy shreds them.
@momof4121
@momof4121 12 днів тому
Honestly I’m so confused because my area is not slowing anything down! Everyone has money and things are still moving on!
@gsdlover8967
@gsdlover8967 12 днів тому
Yeah they don't want to pull the plug before the election. 😂 you won't be confused after the election 😂😂
@MasterRoss-sn7dl
@MasterRoss-sn7dl 11 днів тому
Lots of ppl or investors with tons of cash
@laurahenry3562
@laurahenry3562 10 днів тому
Maybe you should do some homework 📚
@momof4121
@momof4121 10 днів тому
@@laurahenry3562listen I’m not saying I don’t believe what I’m saying is that for housing my area is still tight our economy is local and for my county things are still multiple offers and cash buying it’s quite crazy. It’s horrible 😢 people still have money 💴
@dennyfie
@dennyfie 9 днів тому
Our neighbor hood has slowed a lot one of the nicest hoods in the county but it's a HOA You don't have to be 55 or older to live here but it's a active adult community,mine is going on the market real soon and got a feeling it will a long time before it sells.A house a few doors down sold really fast for over asking it was a really nice house with a nice deck,a lady moving here from the west coast,all the others just sitting.i noticed the junk homes are moving faster under 175,000​@@momof4121
@zleo9923
@zleo9923 12 днів тому
I am subscribed and watch your programmes from South Africa. We all need to know what is going on in the US of A! You have excellent guests. Keep up the great work. Many thanks.
@charma2
@charma2 13 днів тому
this guy is right on the money!
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
He’s actually wrong on Trump and the trade industries.
@dimondDave100
@dimondDave100 13 днів тому
Very good video and John Rubino is very good always good information. I have listened to him for a few years now
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
After he began lying about the trade industries and hypocritically defending liars like Trump, anyone like Rubino has lost my support. I don’t support liars like that.
@kathrynj.hernandez8425
@kathrynj.hernandez8425 8 днів тому
@@EmilyGloeggler7984 You are the product of subversive ideology! Communism will not eat you last!
@jetstream3528
@jetstream3528 12 днів тому
Great show. Spot on and based. Boycott every corporation or holding company listed on the WEF
@JohnDaniels
@JohnDaniels 12 днів тому
I remember when Walmart had two huge made in the USA signs on each side of the entryways when you would go in on the outside of the building, those were taken down and I think that's when America started going down.
@steadysmv
@steadysmv 12 днів тому
I think Walmart has been part of the problem. When Walmart moved to town the local small business owners couldn’t compete. The stores closed down as customers no longer needed the mom and pop shops. The big boxes usually have lower prices because of the volume they sell. Main Street USA has never been the same since. Then Walmart moved to the outskirts of town to avoid taxes after the tax breaks for being in town expired. As I understand it Sam Walton at least wanted “Made in the USA” and that went away after his passing for the most part. Supporting local businesses keeps cities from turning into ghost towns.
@laurahenry3562
@laurahenry3562 10 днів тому
@@steadysmvthank u 🙏sooo any people have no ability to do research,,,I see you have ,people like you need to enlighten the lazy who have a issue with research lol cracks me up because the info is an has been out there ,wait till the masses realize it’s a spiritual war an the Bible is true 🙏
@dennyfie
@dennyfie 9 днів тому
​@@steadysmvI worked roll outs for Walmart all over poo dunk towns and yes I seen what it did to those small towns, exactly what you said. Ghost towns.
@dews3340
@dews3340 13 днів тому
Excellent and sharing post. Martin Armstrong is brilliant.
@kathrynj.hernandez8425
@kathrynj.hernandez8425 8 днів тому
He believes the non-elected US oligarchs are Neo-Cons. I'm sure he's correct.
@btimothygordon2777
@btimothygordon2777 12 днів тому
I get unsubscribed regularly on a multitude of channels. THIS channel is worth resubbing when needed. Rubino is one of favorites. Kudos
@user-cy6lf4wv7z
@user-cy6lf4wv7z 10 днів тому
We need to take America back and take care of our own and live within a budget for all of America
@carovegan9174
@carovegan9174 12 днів тому
I was on the podcast of another financial analyst and tried to press like, but youtube would not let me. Said "quota reached". I refreshed and that still happened. They don't want us to figure it out! And yes, Rumble does not do that; it is a better platform that way.
@wrewstervideo
@wrewstervideo 8 днів тому
At around 50 minutes Mark Rubino hit the nail on the head!
@piewisznia9704
@piewisznia9704 День тому
100% spot on!
@HisCoconutGun
@HisCoconutGun 11 днів тому
A buddy just bid $75K over asking here in NJ and lost. Still nuts here, prices still rising especially middle to upper middle class homes.
@Youknowwhatscoming
@Youknowwhatscoming 8 днів тому
Wow this podcast was such an eye opener. I couldn’t watch this that day but I took the time out on the weekend to watch it and I have immense respect for John. Thank you for bringing him Todd
@Love4puppies
@Love4puppies 13 днів тому
Extremely interesting and John Rubino was a pleasure to listen to. Thank you!
@LooneyTunes4
@LooneyTunes4 12 днів тому
Best show yet! John Rubino tells the unvarnished truth. Thank you
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
He told porkies as big as his wallet. (Meaning he is a liar) Not only that, he hypocritically defending corrupt trade industries, lied about what caused breakdowns of families, and he supported corrupt pharma poison peddling liars like Trump.
@jackjohnson9449
@jackjohnson9449 12 днів тому
Todd is correct. Apprentice carpenters want $30 starting pay, but they can barely perform $12 an hour worth of work.
@purcelljf1
@purcelljf1 12 днів тому
When I started as a 19 year old carpenter, I started at $3.50. In 1973. T
@gmansfolks
@gmansfolks 11 днів тому
$30 isn’t enough for a 1/1 anywhere. Maybe, raise your prices or find a friends kid that’s in high school?
@jackjohnson9449
@jackjohnson9449 11 днів тому
@@gmansfolks Your starting apprentice pay isn't supposed to be a livable wage.
@gmansfolks
@gmansfolks 11 днів тому
And $30 isn’t a livable wage anymore. Be happy someone is willing to work for $30 in this economy. 🤷🏻‍♂️Raise your prices!
@jackjohnson9449
@jackjohnson9449 11 днів тому
@@gmansfolks If you make $30, then you better be producing $60, and they're not. They're producing $20 and should be paid $12.
@ErnestoAguilar-tk6ho
@ErnestoAguilar-tk6ho 12 днів тому
Great lecture from both of you and I can say respectfully that Ms.Melissa is the cherry on top!
@charma2
@charma2 13 днів тому
so glad uve got this guest on. 🎯🎯
@PaulbylPaulbyl
@PaulbylPaulbyl 12 днів тому
This guy John Rubino is lucid and explains things well. Great guest and great host and hostess!
@leonardpugli5686
@leonardpugli5686 3 дні тому
Rubino is a diamond We shall protect him at all costs
@carolynbrzezinski5779
@carolynbrzezinski5779 12 днів тому
Thank you for this video - it was very informative. One thing that surprised me was not a single mention of the effects of our rapidly changing climate! Deadly heatwaves, crop failures, stronger storms & hurricanes, flood events, massive climate migrations etc will clearly -and negatively - impact our world. 😖
@PaulbylPaulbyl
@PaulbylPaulbyl 13 днів тому
I remember the 1970s
@67judge
@67judge День тому
Better times than now 😊
@stevekoch4
@stevekoch4 12 днів тому
Wow, Melissa, you are so patient!
@therealestake
@therealestake 12 днів тому
So the then-NINJAs and now-FOMOs got to bid up prices while they rented a house, not to mention commissions fees and front end interest before they ultimately default, then government bundles the houses up and serves them exclusively to the big banks for 25% of retail. And we're supposed to believe that this complete series of events just occurred naturally. Wild!
@JP-te7kd
@JP-te7kd 11 днів тому
What nobody is talking about is the fact that those car manufacturers pay too much for the workers who are not very productive, that's why they shipped off a lot of those jobs.
@Steve-mk6rq
@Steve-mk6rq 4 дні тому
Daewoo is now GM Korea. Chevy Spark and Chevy Sonic.
@pstoneking3418
@pstoneking3418 День тому
Exactly! I put the blame for the ridiculously high wages on the unions who in my opinion drove our companies out of this country.
@sunso1991
@sunso1991 12 днів тому
58:00 Empty malls. they can turn those into education super centers. a mall can be day care, elementry, middle school, high school, technical college, trade school all in one structure. use the anchor stores are the ends for trade schools, the loading bays can be shop class/construction trading zone Cafeteria turned into culinary trade school. The IT/telecom area turn into telecom technician school pretty much training children to operate modern infrastructure (like a intergenerational spaceship)
@polly8844
@polly8844 11 днів тому
It will never happen because it makes sense. It's a great idea for the use of an existing structure with such potential.
@sunso1991
@sunso1991 10 днів тому
and half of the parking lot turned into organic farms. teaching children the value of food, natural science, and growing produce.
@assyholey4224
@assyholey4224 9 днів тому
To late you let big bro raise your kids. Leaves them kids alone
@sunso1991
@sunso1991 8 днів тому
@@assyholey4224 big bro as in the government? Isn't the current school by the same big bro? How would using a mall structure differ from a $60 mil new school?
@EmilyGloeggler7984
@EmilyGloeggler7984 8 днів тому
We don’t need anymore unethical lethal corrupt union trade schools, and I say that as someone who formerly worked in trades. The money isn’t good enough to go back to shit.
@67judge
@67judge День тому
Putting food and necessary items on credit cards is so bad. At least your debit card you don’t have to pay it back.
@pstoneking3418
@pstoneking3418 День тому
I use both credit & debit and payoff credit before interest is due. But these cards are the foot in the door to bring in the CBDC'S. It's been their plan since 1913 when the federal reserve was illegally created. We had our fill of central banks at that time, but the bankers made it appear to be something other than a central bank, by putting the word "federal" in the name to make people think that our government was involved and the word "reserve" fooling us into thinking that it had plenty of money in reserve. We were Duped.
@MasterRoss-sn7dl
@MasterRoss-sn7dl 11 днів тому
I work my A off, finally started my own business bc of low wages, finally hit 6 figures and cannot afford a house even with a 20% down payment. Have to pay for college that my kids prob won’t be able to attend due to cost. I have zerondebt
@pstoneking3418
@pstoneking3418 День тому
Trade schools instead of college.
@MrGoofwad
@MrGoofwad 12 днів тому
UKposts has stopped me from watching approximately 8 times
@charma2
@charma2 13 днів тому
Sachs has entered the phase of the rude awakening.. if he listens & understanding Armstrong! ‼️
@powerbuoy
@powerbuoy 8 днів тому
Retail is doing great, the latest trend is groups of 20 or more shoppers getting in and out of the store in under two minutes
@LunaLapin-ho5tk
@LunaLapin-ho5tk 7 днів тому
With huge armloads of merch!!!!!
@cvrart
@cvrart 13 днів тому
The startups and venture firms that had uninsured balances in SVB should have lost it all - that would have been a good educational moment and would have cooled off the market, reduced wealth effect, and REALLY nipped inflation in the bud. But, all those in charge of our institutions have a fundamental conflict of interest, since they all have investments in the market - it is IMPOSSIBLE for them to make the right decisions because of their overriding greed and self interest.
@jackjohnson9449
@jackjohnson9449 12 днів тому
After the $787 billion bailout in 2009, the City of Los Angeles doubled the pay and pension of Firemen from $8500 $17,000 per month. Now they get $18,000 per month which is $207,000 per year.
@1powerequalsgod
@1powerequalsgod 10 днів тому
The State of Illinois has a pension crisis much the same where it’s the government trying to raise and keep home values extremely high to collecting higher property taxes. That future crushes the younger generations but they ultimately will win the long game because cracks, pot holes and craters form in people finances and retirement plans beyond age 50. The Boomers may own the most homes by numbers have real problems coming past 2027 when they start running out of money an they must figure out what to do with high priced homes. The younger generations want much lower homes prices and quicker payoff times a they are fewer in number based on their low birthrate years are not trending towards marriage and children to support to wanting allot of homes. 2030s and beyond something major has to give on home values escalating an it’s not favorable to Millennials or Generation X hitting their 40s, 50s and 60s an very different workforce environment with more artificial intelligence and automation technologies adopted and usage.
@toddlavigne6441
@toddlavigne6441 3 дні тому
big problem with gov't paying insanely high salaries.
@lc4817
@lc4817 День тому
Hully craT, that's INSANE!!
@murrat
@murrat 9 днів тому
Great episode. Wonderful guest.
@piewisznia9704
@piewisznia9704 День тому
One of the best interviews, thanks y’all!
@Billy-4
@Billy-4 13 днів тому
It’s currently saying you had 2429 unique viewers during the show. Excellent episode excellent guest
@MrGoofwad
@MrGoofwad 12 днів тому
God...will not be mocked.
@peterwilson9327
@peterwilson9327 13 днів тому
"It's our currency but it's your problem." 😂😂😂😂😂
@twisttwist6184
@twisttwist6184 10 днів тому
We're here. We're sharing. Looking forward to the upcoming show.
@pstoneking3418
@pstoneking3418 День тому
When I retired in 2010 it took 3 of these younger people to do the work i was doing. It only goes to prove nobody is indispensable. We can all be replaced even if it takes more than one person to replace you.
@BuilderInventorMike
@BuilderInventorMike 8 днів тому
A great show. I'm learning a lot. Thanks John Rubino
@dolphinwaves
@dolphinwaves 8 днів тому
My area is full of tons of commercial real estate set up with shipping docks . Everything is brand new sitting empty and yet they are still building more of it
@jimnelson7740
@jimnelson7740 12 днів тому
always happy to hear what John R. has to say.
@Jdog667.
@Jdog667. 12 днів тому
A CBDC is the monster on the horizon and it will create chaos 😮
@Playback007able
@Playback007able 4 дні тому
“you knooowww who died the other day?” all i need to know is that when i was a kid there were 7 sticks of chewing gum in a 5 cent Wrigley’s pack-0-gum & a Hershey’s chocolate bar was a nickel. The $ ain’t worth chit. Wages creep higher while cost of living is skyrocketing. We so hosed…if you’ve saved & have security, spend it all before 0’Brandon tells US All that “you didn’t earn that, you didn’t save that”, & redistributes our security to the foreign invaders, Nanny State leaches, losers & Studies’ types…
@blancagutierrez8580
@blancagutierrez8580 13 днів тому
No, no ,no. At this time only a few people want to know the truth. The rest are so depressing to realize that we are going straight to a dark hole and decide not to eat notice or information that refreshes them about what we have to spect.😢😢
@emilionarvaez1415
@emilionarvaez1415 8 днів тому
Damn this is depressing 😭
@JohnDoe-np3zk
@JohnDoe-np3zk 12 днів тому
Interesting discussion thanks.
@syrleneclarke1299
@syrleneclarke1299 7 днів тому
Thank you. Information is power
@rcr324
@rcr324 5 днів тому
Best articulation of the direct sequences we face as a civikization
@missyuriverse
@missyuriverse 12 днів тому
brilliant stream
@RobWilliams007
@RobWilliams007 12 днів тому
Becoming competent! So true.
@patrickcarney9177
@patrickcarney9177 13 днів тому
Rubino is correct - the people must break the spell of imposed discord and unite. These psychopaths must be stopped.
@helenkessler6012
@helenkessler6012 13 днів тому
I remember all the ppl that set up on the reflecting pool areas to protest Vietnam. I also had a $2.88 hrs job And a 10% mortgage Soup was .17 for Campbell's
@cgorman31
@cgorman31 12 днів тому
I’m waiting to get 2-5 acres to build on a hillside wooded lot in TN… Meanwhile the tax return cars are sprouting up Ppl used tax returns to finance their purchase of automobiles Insanity
@sz4179
@sz4179 8 днів тому
We abandoned Afghanistan and that area and armed the Taliban. Massively. That broke the deal with Saudia Arabia.
@kevinscottbjornson
@kevinscottbjornson 12 днів тому
The promise was verbal; not in writing. Putin asked the Clintons if Russia could join NATO, Bill seriously considered that but Hillary vetoed the idea.
@Itsaboutthewaterlife
@Itsaboutthewaterlife 12 днів тому
Good take. I vaguely remember that.
@bencolandreo708
@bencolandreo708 11 днів тому
Your best podcast Todd and Melissa! If you are actually getting censored here, it’s a badge of honor.
@CincinnatiKid08
@CincinnatiKid08 12 днів тому
Todd, I love your show. Please get back to speaking about the housing market. I think most of your subscribers would agree that your channel is starting to move in different directions. We want to hear about the housing market. Thanks
@pstoneking3418
@pstoneking3418 День тому
The housing market will crash with everything else. That will be the time to purchase a home if you still have a job.
@RobWilliams007
@RobWilliams007 12 днів тому
Love John
@alabamashagreen2106
@alabamashagreen2106 8 днів тому
Awesome show!
@martinback187
@martinback187 11 днів тому
Good interview 🎉
@eddiepaslay5616
@eddiepaslay5616 9 днів тому
Great job.
@shirlblair2051
@shirlblair2051 День тому
Thanks!
@SachsRealty
@SachsRealty День тому
Thank you!! 🙏
@karenjensen2345
@karenjensen2345 12 днів тому
Great interview!!!
@sues3218
@sues3218 5 днів тому
The central banks and government overspending is where all this mess is coming from. They should have NEVER been given this much power.
@toddlavigne6441
@toddlavigne6441 3 дні тому
100% true. In Canada, for example local gov't resurfaced a road that didn't need it. Millions of dollars wasted. Average that out to all it's spending and that is the issue
@phoenixrising441
@phoenixrising441 12 днів тому
About 1/2 way through the livestream the livestream cut off for me. Would sign back in and watch UKposts ads then instantly cut off. Had to watch 2nd half of livestream this morning
@eddiepaslay5616
@eddiepaslay5616 9 днів тому
Great show.
@elizabethv7411
@elizabethv7411 12 днів тому
Great show
@user-pm1xf5uf7v
@user-pm1xf5uf7v 10 днів тому
Immigrants serving in the US military is not new. I served in 1996, and several folks in my bootcamp class were serving to gain citizenship. I thought this was a very good thing.
@pstoneking3418
@pstoneking3418 День тому
But not for the purpose of gaining political votes like they're doing now.
@pstoneking3418
@pstoneking3418 День тому
Not if there being put into the military for political reasons.
@Davey954
@Davey954 12 днів тому
Anyone living paycheck to paycheck would want a Great Depression! It would lower asset prices! Depressions mainly hurt the wealthy.
@MasterRoss-sn7dl
@MasterRoss-sn7dl 11 днів тому
Yes, my grandma used to have a limo driver to go to school before the Depression, then no more. Lost everything
@sues3218
@sues3218 5 днів тому
Are you kidding me? A depression will cause those living paycheck to paycheck to lose their jobs, and no replacement jobs will be available. They will not benefit at all. Maybe you should do some actual research in what happened to average citizens in the last Depression.
@jeffsurfanderson
@jeffsurfanderson 13 днів тому
You have to realize that the truth gets censored the most
@motoki99
@motoki99 12 днів тому
ありがとうございます!
@chaddy-me-boy8299
@chaddy-me-boy8299 6 днів тому
What interesting about the malls, is that Simon property group is up 30% in the last year. I havnt research that stock but what the heck? Some of the movie sets are using those empty malls. Nflx Mindhunter converted part of one to look like an airport terminal.
@briancutsinger
@briancutsinger 8 днів тому
Great Rubino!🌞
@talisikid1618
@talisikid1618 2 дні тому
Bailout the citizens, not the institutions.
@zj2164
@zj2164 День тому
You're telling the truth. May God bless you all! The only hope we have is God. May the Lord help us. 🙏
@oldarkie3880
@oldarkie3880 12 днів тому
People buy things by price alone. That is why the box box stores only carry cheap Chinese stuff on the shelf. To get quality you must order it or it may not even be available. . Happens to me all the time.
@cvrart
@cvrart 13 днів тому
Need to show government interest payments as a percentage of GDP, or as a percentage of government revenue, rather than as an absolute value.
@Thetru_champ
@Thetru_champ 12 днів тому
If the small banks know of the “plan” of the big banks, wouldn’t that be a good reason on why they wouldn’t want to foreclose on properties so easily and make plans for business?
@llewellynkoopman2521
@llewellynkoopman2521 6 днів тому
This is a very enlightning coversation thank you for waking people up while they are being led to the financial slaughter house and dont have a clue what going on around them and being preoccupied with silly conversations lgbtq etc.
@bencolandreo708
@bencolandreo708 11 днів тому
People do not want to take the medicine being spoken about here so truthfully!
@brucearnold6259
@brucearnold6259 12 днів тому
One more John is very realistic person once again thanks
@farmfitnesspham4913
@farmfitnesspham4913 11 днів тому
Mr Todd should I buy a house in 2024 or should I wait I been looking for house for last 2 years can’t afford and the price is crazy rocket
@brucearnold6259
@brucearnold6259 12 днів тому
American people have totally forgot that U S steel showed everyone how not to pay pensions
PREPARE NOW for What Comes Next with the U.S. Economy: @adam.taggart
1:51:23
Їжа Закарпаття. Великий Гід.
1:00:29
Мiша Кацурiн
Переглядів 505 тис.
КИРПИЧ ОБ ГОЛОВУ #shorts
00:24
Паша Осадчий
Переглядів 1,2 млн
U.S. Economic Crash Worse than 1929 - Peter Schiff Issues Warning
1:06:07
U.S. Economy Is Heading For BANKRUPTCY
59:00
Sachs Realty
Переглядів 99 тис.
U.S. Economic Event About to Happen - Mike Maloney
1:32:50
Sachs Realty
Переглядів 143 тис.
FORECLOSURES - "Reality Hits Home" as Consumer Debt Crisis EXPLODES
38:43
U.S. Banking Crisis 2024
1:06:45
Sachs Realty
Переглядів 44 тис.
Coming U.S. Economic Crash - What You're Not Being Told, with Peter Schiff
2:00:07
When JPMorgan CEO Jamie Dimon Speaks, the World Listens | The Circuit
22:32
Bloomberg Originals
Переглядів 1 млн
Їжа Закарпаття. Великий Гід.
1:00:29
Мiша Кацурiн
Переглядів 505 тис.