Watch Out-An Economic Firestorm Is Beginning To Form: Steve Forbes
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- čas přidán 29. 06. 2024
- Steve Forbes warns that a storm in the economy is forming and can be found in the currency exchange markets.
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Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.
Its best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.
Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
Hello Tmer, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!
I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
Did my grocery bill just jump 10%? Feels like I'm working harder for the same amount of stuff. I'm sick of finding ways to stretch my budget furthe. this inflation thing has flattened my wallet already.
I hear you. Curbing spending is key. Look for cheaper alternatives, clip coupons, and maybe even consider a side hustle to boost your income. Every bit helps fight inflation's bite.
Firstly, rack your spending, identify areas to cut back, and free up money to weather inflation's storm. A financial consultant can help you analyze your budget and identify areas to cut back without sacrificing your lifestyle.They can also explore ways to boost your income through strategic investments. One client I worked with saw their portfolio grow by 12% last year, allowing them to build a buffer against inflation.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
type "Sonya Lee Mitchell" into your browser and her page will come up. Don't forget to do your due dilligence.
Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
The news media are currently being inundated with economic meltdown news. It takes a lot to look past the sea of headlines and focus on what's important: No matter how low stock prices fall, they keep rising. I completely ignore all news and continue to invest. I recently set aside $40,000 to invest in the market as we anticipate a collapse. Do you have any suggestions?
The market will continue to fall, so I recommend you do a fundamental and technical analysis of the stocks of the companies you want to buy and their data forecasts for the next few years. Better yet, you could have an investment advisor help you restructure your entire portfolio and balance the bad apples you're holding. This strategy has worked for me so far, saved me a lot of stress, and is also very time efficient.
I completely agree, which is why I prefer to delegate daily decision-making to an investment adviser. It is difficult for them to underperform given their specialized knowledge and research, as well as the fact that every one of their abilities is geared toward utilizing risk for its asymmetrical potential, and mitigating risk of capital loss. I've been working with an investment advisėr for over two years, and have made over a quarter million dollar. It's really beneficial.
I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this investment adviser who helps you with your investments?
vivian jean wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Please stop with the clickbait titles. I used to love the unbiased videos on whats really going on in the economy. Economic fatigue is showing with most folks. Most are so tired of hearing about the worse even though it's true. My 7-figure share holdings are down 17%
Inflation gives the illusion of growth. Investors should exercise caution with their exposure and exercise caution when considering new investments during these periods.
The economy and stocks are two different things these days, but i agree, I think it's brilliant to have a portfolio advisor for investing! The market's instability makes DIY risky. You don't need to find the next NVDA to succeed in investing. I've turned 180k into $20k in quarterly dividends, a major milestone.
Hold and do not panic sell....the market is a marathon not a sprint
@kansasmile I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Lol
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Actually its a Lady. Yes my go to person is a 'Michele Katherine Singh'. So easy and compassionate Lady. You should take a look at her work.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
this is all new to me, where do I find a fiduciary, can you recommend any?
Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
They raise interest rates, but then continue their obscene overspending and money printing. Such a mess
They stopped printing money when they started hiking interest rates. That's the literal meaning of quantitative tightening.
yes, my point being why go through this process if you will continue overspending and devaluing the dollar either way. It’s a mess, we wouldn’t be in this spot if our government could run a budget. On a personal note I've worked closely with my advisor - Chasity George Charles to grow my portfolio from $200k to $4.8 million through stock trading because as a businessman, I prefer to invest my money rather than let it sit idle and lose value over time due to inflation.
@@stevenorris1 I think The US government needs to get US out of all these senseless wars, & extract their fair share from billionaires, & Corporations. Then we could shore up Social Security, provide an education, & healthcare, AND begin to pay down the national debt. But this will never happen as long as Americans keep voting for 1 of the 2 Corporate Parties.
I agree with you there
The thing is the US government is the one spending and the Fed Reserve only acts accordingly. So in reality the US is in trouble. We are forced to spend because our government is trying to keep its hegemony. Military aid for all but nothing to balance the economy. We are truly in trouble.
Firestorm? More like a shitstorm.
Shitfire storm
He's a gentleman
Fiery shit storm?
good band names
Its straight taco bell, shit napalm raining down.
What is funny is we the people did not do this. If I took the company credit card and did this there would be hell to pay....
Same for our own finances. Imagine living by always paying one credit card with
another credit card. That's what the debt Ponzi scheme really amounts to.
@@edb3877and raising interest rates is the same as getting a card with a higher debt limit in exchange for a bigger monthly payment.
Biggest criminal is Gov. Above the law as they make, tweak and implement the law. 😅
You the people, voted for the governments that did this.
You would go to jail.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson
And exactly what is happening right now. Look at the exploding homeless population.
Same in Canada.
Homes are now a commodity and majority of younger generations cannot afford to buy one and then the rents are astronomical. $2700 for a one bedroom apartment.
Get out of the Central Bank System. Buy Brics or Get into Gold
@@jerryross7135 How do I make change for a gold bar? Do I cut it or?
The children are already waking up homeless
Thank you Steve, I've been around for 73 years and I feel you're certainly one of the most credible economic analysts in America.
Hahhaahhahahaaa
@@elephantoflight3362 Who would you recommend? Provide a name.
@@thomasmanning829 If you get a chance. Ask Steve if he’s paid in Yuan?
Once China bought Forbes magazine in 2014 I quit putting a lot of stock in what Steve Forbes has to say.
@@thomasmanning829 There are many, but none are on the Forbes or Fox payroll. Joseph Stiglitz, Paul Krugman, Richard Thaler, Stephanie Kelton, Robert Shiller, Claudia Goldin, to name a few--many of these are Nobel laureates. Steve Forbes, on the other hand, is out to convince voters to enrich billionaires like himself--that's all he cares about.
The question is: what are we supposed to do about it?
Buy bitcoin
Nothing until you have no choice but to revolt.
The longer it takes for us to take up arms, the worse things will get.
Massively cut government programs and commit to using AI in place of government workers, for starters.
Buy Bitcoin.
You know it’s bad when Forbes is talking about it.
When the BOJ raise rates; the will ripple through the bond market. The Fed only has partial control over interest rates the rest lies with the bond market. Japan starts buying it's own bonds domestically this will cause U.S. treasury bond yields to surge
I don’t think the worst had been yet to happen.
A win by Biden in November would be rock bottom.
@@HandsomeCat-we2dqPretty sure that would be the tipping point for a Civil War.
Civil War? Who could afford that when everyone is going to be broke and homeless.
@@HandsomeCat-we2dq Trump would be a lot worse... either way, no president can save this upcoming recession. It has to happen to reset.
@@steveyoungl7881well you want to go through it with Biden the “great pretender”? Trumps a business man and can steer the ship no problem!
I'm travelling in Japan right now. Everything is so inexpensive. Dinner last night, $4. Budget hotels about 1/2-1/3 of US and with far better breakfast often included.
Yes. The amount of people in Australia holidaying in Japan (including myself) is huge because it's relatively inexpensive and great value. But that's one of the benefits of a weak currency
So, basically, something bad is going to happen sometime in the future. Wow, thank you for that great pearl of wisdom.
Ahh, no. It's happening right now...look around.
@@hollishedrich9126 What is happening now?
@@hollishedrich9126 What is happening right now?
@@scudfarcus4343 Well, the homeless population is exploding for one, the consumer is tapped out and relying on credit cards, the feds are running a trillion dollar deficit every few months, more people are dying from Ods every year than died in the entire Vietnam war. we got an invasion of illegal immigrants going on and our infrastructure is crumbling. What else? I'm sure there is plenty but I don't have time to think about it.
Today I learned Steve Forbes is still alive
I’m not convinced.
@@ayela562Agreed. Looks more like a poorly executed AI video to me.
Thank you mr. Forbes great insight and information
How can I safeguard my investment portfolio of around $2M in stocks amidst the economic firestorm? What's the most effective strategy to reallocate funds in my portfolio to hedge against downturns?
Investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
can you recommend a trusted fellow i can reach out to? I think that is the right thing to do.
I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
I no just keep voting Democrat. 😊
The hard pill to swallow is that there is nothing we can do about this. The people that are making money legally or not are going to keep making money whether it hurts us or not they could care less.
...they could NOT care less.
(the opposite of what you wrote)
There was a lot previous generations could have done about this by being more active civically!
@danielmarks5133like what ? That's so easy to say , but former generations voted for socialist politicians ( like Woody Wilson and FDR - the man who would be king died in his FOURTH term ! ) .
@@robertwalker5521 Agreed. I've long wondered at the common phrase "I could care less", strongly implying that they could not care less. Yet another foible in the
American version of the English language... and there are quite a few of these... such as flammable and inflammable, which should be opposites, yet are used in the
same way, when every other word to which "in-" is added as a prefix means the opposite of that word. No wonder English is difficult for many.
The first 100 days of this administration made the 1% $195 billion dollars richer. And he's going to raise your taxes.
Thanks Mr. Steve Forbes for the brilliant presentation on the state of affairs. Keep up the good work.
Everything is fine and if you say otherwise youll be investigated and jailed. FJB
Waaahhh!
Sounds like what’s happening on College campuses!
@@danielmarks5133those are hired actors…NPC ☠️✊🏾
Delusional
@@robyoung-pl1gqyep, 2 yr old Robbie just woke up and soiled his pants again. Keep crying little Robbie.
'Watch out' seems like a mild response to this disaster.
Here in Canada the government has just brought out the new budget of 50 billion dollars.
Instead of lowering taxes and looking at ways we can spend less they want to spend more.
Meanwhile most are suffering from high food, gas, rent and housing costs
Agreed
I enjoy watching Steve. He’s one of the best fades out there
So surreal. Both sides borrow, but both side have rhetoric about who is at fault. If you think one of the two sides has control, you've probably been suckered.
Finally!
Someone else who understands that both sides lie.
We may be the very few who doesn't believe in one of the liars over the other liar just because one of the liars is a better liar.
@@keithsextonakathebluerose Dear gawd, I hope we're not the only ones. 🤫 Thank you.
@@keithsextonakathebluerose yes it's way past the point of no return. Trump isn't gonna save the USA from this, sorry folks.
Most people don't realize this but Japan's energy Self Sufficiency Rate is super low at only 9%-15% and their food Self Sufficiency Rate is around 35% i.e. most everything they produce and eat is from overseas.
It should be obvious since they are an island nation with a very large population per sq mile. Their birth rate is low enough where things are about to get a lot less crowded though...
They are totally screwed. The pooch is wimpering.
Normal people inflation is still 30-50%.
The current inflation rate is 3.5% -same whether you’re a Republican or Democrat. Where do you live? fantasyLand? Sf🇺🇸
@@alananderson5929you know that bullshit alan I can name 4 things that are up way over 3-5%! Food, insurance, housing, household goods! Stop with the nonsense pal!
Over the past 4 years inflation has raised well over 20%. The most money we've ever printed. We see it in our grocery bills. Do you live on planet earth?
@@alananderson5929 oh come on. If you believe that's the rate of inflation you must believe in the tooth fairy...or maybe you are the Easter Bunny that was helping guide sleepy Joe?
@@alananderson5929I rather think YOU are living in fantasyland. Or you‘re too rich to even care or you‘re just ignoring your bills and therefore reality. This has nothing to do with either party, but with endless debt and money printing.
War never changes
inflation causes birth rate loss, depopulation for rent.
So does the fear of another economy, ecology destroying, republican politician in the White house!
❤
Love you Steve!
Q❤
I grew up watching lots of animated cartoons during the 1980s - and many of them were animated in Japan, due to the low cost of the Yen which made Japanese goods and services, including their animation studios, cheap in relation to the dollar. I always missed those cool cartoons I used to watch, and was disappointed to learn that more could not be made due to the Yen having become so expensive in relation to the dollar. Now that the Yen is falling again, I hope that toymakers and comicbook publishers alike will look to see if they can reach out to those talented Japanese animation studios to get more content from them, thanks to the lower cost of the Yen.
“When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid.” -Adam Smith
2010 to 2020 interest rate should have been held at 2%.. savers deserve some reward and it would have kept house prices a little more under control, helping working class
Great piece, thank you!! 👏👏👏👏
Third world conditions coming or already here
Obviously.
This should serve as a red flag for America but very few people seem concerned about our national debt. Every candidate wants to lower interest rates to help their image in the short term. I guess we will just have to watch the US economy like a slow moving train wreck.
Thanks, Steve!
Yeah OK
Mr. Forbes, certainly you're aware of where this planned global currency crisis is headed. This plan has been in progress for decades and will result in a CBDC for all.
"Guns, Gold & A Gataway Plan" GC
"You cannot outrun the Commies."
@@goosecouple😂 that's cause it's an idea 💡
@@goosecouple But, they can't outrun a .762 either.
@@jamesparker1071 Are they running away ?
@@jamesparker1071 ..........7 POINT 62 . . . smh
More about the *impact* of the coming storm please Mr. Forbes
The globe is in debt to who? Jupiter?
Its a bit of a circle jerk, ends in war (usually)
Bankers
they have been talking about debt crisis since we went off the gold standard.
@@immortal4942yeah it's such a good deal we now pay a trillion dollars in interest every 100 days and get absolutely nothing for it
" the bankers from harry potter"
And no mention that the population has had its "conscience seared with a hot iron" while knowingly allowing the debt to go beyond their ability to repay ... thus selling their own progeny into debt slavery. I say its "financial cannibalism" of their young. But at least it keeps the numbers in their I.R.A.. up.
Brilliant
Love your eloquent & succint presentation of this brew-up @SteveForbes
Actually, the economic firestorm was clearly visible when the banks were first bailed out in '08. Forbes didn't mind cashing in.
Mr. Forbes you are truly a national treasure; thank you so much for your insight.
The real problem at the core is that we have an economic system that is based on illusion, there cannot be infinite economic growth on a finite planet. If we do not adjust our system to one of sharing instead of destructive growth the consequences will be dire.
1american dollar will be1cent
Already is.
Steve Brule and Steve Forbes. Never in the same place at the same time.
One wears glasses.. one doesn’t. (Captain Amazing)
Thank you Steve your analysis is spot on! Too bad Forbes Magazine has been under the influence of the Democratic Party and thus has lost it's value as a creditable source.
Hilarious all the years printing
Money and now all of a sudden it’s a problem.
It's like that old saying, you go bankrupt gradually, and then suddenly.
This guy would work well with trump as the VP very smart man he is
He ran once, but I can't
remember when...
Not VP, Sec Treas
@@ketanjibrownsfavemolester7592
Steve Forbes, a Republican ran in
Primaries in
1996 and 2000.
Secretary of Treasury
I am not impressed with anyone who routinely uses "majorly".
Man! If I followed his advise over the years I’d be living in a tent under an overpass.
No you wouldn't. The police came and threw it all in the trash. Start over.
Thank you
Thanks again Steve
all ways good stuff
Reading the teleprompter and I still don't understand the point he is making...
Very interesting
Ok. So what does all that mean? Another Black (insert day of the week)?
If he’s right it’s unimaginable, it’s Armageddon. The world as you’ve known it yiur entire life ceases to exist and right quick.
Japan's situation could become an "IMF intervention-level" event. Makes me think of not-so-Great Britain in the 70's - Scary...
But Luke Skywalker said Joe Biden is the best President Ever and the economy is great!
😂😂😂😂
Palpatine used Mind control on Luke
Glad you think so
But Luke skywalker has been reading lines written by others for a couple of decades now. He is quite proficient at it now.
The economic metrics for the US economy are quite strong if you care to actually look at the facts - you can research it yourself on the web so no need to take Luke Skywalker's or any other potentially biased individual's word for it. Here are some key metric comparisons for 2020 when Trump left office and now:
US Real GDP: Annual Growth Rate
2020: -2.8%
2024: +2.7% (based on current stat.s)
US Labor Market Annual Job Growth Rate
2020: -9.4 million
2024: +4.8 million
US Labor Market Unemployment Rate
2020 (4-yr ave.): 4.2% (excluding COVID)
2024 (4-yr ave.): 3.4%
Disposable personal income, after inflation
2020 (Feb.): 15.7 Trillion
2024 (Feb.): 16.9 Trillion
Dow Jones Industrial Average
2020 (Feb.): 29,000
2024 (Feb.): 37,000
A 2-minute web search also shows that US Debt has consistently risen since the 1980's regardless of whether Republicans or Democrats are in the White House cf www.statista.com/chart/1505/americas-debt-ceiling-dilemma/.
The more they tell us it’s all gonna end let’s me know it’s time to buy as much as you can
Yep. Watching the Yen! A major bellweather.
Great, eco foresight n good analysis
I hope it’s soon. I’ve been on the sidelines for a while now and lost out on some huge gains in the S&P. So when will the crash take place or start?
We are getting poorer precisely because a narrow elite has organized society for their own benefit at the expense of the vast mass of people. Political power has been narrowly concentrated, and has been used to create great wealth for those who possess it.
Thks steve, you forgot about the depolarization as a result of dolar weaponization, this is actualy what scares the most us financial institutions, of course, dolar will continue to be highly used but progressively much less... the thing here is that with an unstobable increasing debt and deficit, this dolarization will become more and more of a FULL challenge to avoid default... Whatever the us decides to do on the matter the rest of the world request not another conflict! (we know it will happen anyway...)
"Official measurements of inflation were dropping nicely". Please do you think the consumer is that stupid.
Steve Forbes another talking head.
thank you for a clear and concise statement.
Cash. Gold. “Long vol” assets. Treasuries. CDs. Invest and Insure
Mr. Forbes! ✊️
Disaster is coming! What to do? I have no idea!
How can I safeguard my $3 Billion portfolio in the face of this firestorm?
Risk is endemic to investing. Use common sense and diversify. There is always some unforeseen geopolitical event that will shake the markets. Be prepared to wait out the down turns. You didn't magically get such a large portfolio and sell during every downturn.
So much conviction of deep understanding in the voice! Why are you reading a script?
Steve Forbes has your and my best interest at heart.
Remember this: Gold is the money of Kings, Silver is the money of Gentlemen, Barter is the money of the Peasants, and Credit is the money of slaves...
Fully agree with you.
The whole world would be badly affected.
WEF, Orchestrating , The Great Reset !
Japan also has lots of savings
but it's all in Yen. poof!
It better be in solid physical gold, because if it's in Yen they are donezo.
So, what to do at an individual level?
Oh Bob, so original with that term.
Like Warren Buffet said, dividends are only good if the business you're investing into can't make good use of that capital. So, if you're trying to invest in businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they're returning capital to you because they think you can make better use if it than they can. It's not much different from bond investing. The way I see it, if you have a $1 million at some point, that'd be enough to create a portfolio that would pay you between 50k - 70k in dividend income...
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Britney Cohen Rose, out reach worldwide on the internet With her name first on the internet.
"Thank a Dem voter near you."
Lol
They're a majority so not hard to find.
@@robyoung-pl1gqonly on Election Day
@@prague7706 Nope everyday, repubs have been a minority for years, when you lose in Nov. be sure to cry another 4 years.
81 million votes and I can't find a single person who will admit they voted for Joe Biden......strange. All my Liberal family members and friends keep telling me they didn't vote for anyone in 2020.
So good to be true in this stage world duh...
Hello, amali in Australia
So short everything?
Zero mentions of war and how the environmental impact of a pure growth model has lead to more frequent and costly extreme weather events. Also income inequality. The ultra-rich can just buy up almost anything and put upward pressure on prices.
The American government is learning economic manipulation from the Japanese test tube.
Anyone who hasn’t read Steve’s book ‘Inflation’ definitely do it. Amazing info
You seem to ignore the fact that Japan is a creditor nation to the world and that most of Japanese debt is held by Japan.
What people don't understand is that all currencies are borrowed into existence and owe interest to the Fed after their creation...
And YOU don't give ANY INSIGHTS on how to protect ourselves from ANYTHING, REALLY?
Pay off debt. Save. Dont job hop right now. Cut expenses.
There is no cover for the
middle class...
There's nothing you can do,
except to go 100% into gold...
@@ketanjibrownsfavemolester7592 gold is an excellent play once you get the emergency food and defense tools in order. Lots of people made fun of me, they're not laughing anymore and I am telling them it's gonna get a lot worse so I'm not popular at parties lol.
Protect yourself from inflation? It doesn't take a genius to figure that one out.
FJB and all his spending.
Yes, and the sorry sobs who demand all this excessive spending.
Evil puppet traitor.
Its structural and inevitable. Party in power does not matter.
@@fadedflage this is true. Even if the US cut all discretionary and military spending, it couldn't manage the deficit. Gotta cut the "essentials" at this point and raise taxes on everyone. Talk about unpopular! It will never happen so down goes the USA.
The house controls the purse, everyone blames the president and continues to re-elect the same Congress people.
Why would anyone believe anything Steve Forbes has to say about anything?!
Just print more
Is this video from the early 90’s? When was this made?
Any currency can be over produced and variable value