“We’ve NEVER Seen Anything Like This Before…” – Adam Taggart
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36 Comments
herd size is double what it should be! good luck with fixing anything.
We have been in a recession since 2022. 76% of the people in the US are barely surviving and between 40 and 60% have large credit card debt. Layoffs are skyrocketing and a massive amounts of people are being laid off. The collapse can not be stoped now. Until the market collapses by at least 70% nothing can get better. If Trump sends everyone $2000 it will cause the cost of everything to go up by at least another 25% on top of the between 65 and 100% that it did over the last 4 years. Trying to stop the collapse will make everything worse. The new jobs that Trump is bringing into the country will help only if there are enough employed people to buy what is produced. If they were smart they would let the collapse happen but they are all stupid politicians.
BUT the affordability of homes is no5 improving. Yes, some home prices are going down but mortgage rates are still relatively high and 5he ma5erial. Os5 of buildin* a home is still outrageous.
Wasn't Bassett a Soros stooge years back.
Trump spoke for the wealthy, he is proceeding to ruin the middle class.
Adam, that anaemic growth is called STAGFLATION!
As usual, Adam is the smartest guy in the room. I wish he was on the FOMC or in the Senate.
For the past few days, I’ve been working in the Phoenix metro area (Phoenix and the surrounding area).
Homes are being built everywhere. It’s major.
Not just one or two homes here and there; there are entire communities being built.
This area is chaotic. There are already too many people here and more will be coming.
useless
Has bessent fixed the fence yet to keep the Latino cows from invading 🤔
Why do all these economic vids say crap like "IF we have a recession"??? WEVE BEEN IN A RECESSION SINCE 2020. WTF?
Crony Capitalism needs to go and soon.
pfft. Only the bottom 90% would feel the pain, so NO. no deflation.
Every unit of economic GDP is backed by a unit of energy consumption. Can we economically increase energy production by enough to grow the economy THAT much? I think not.
We need a super Great Depression!!!
There is no way we can get out if this mess of 38 trillion in debt!!
We are looking at the largest collapse since 1929 as everything is built on a foundation of debt which is imploding.
Once they allowed 'paper' to be seen as wealth … it was only a matter of time.
The end result of turning over entry level jobs to AI is analagous to China's One-Child Policy. Meaning there will be no one coming up the ladder to backfill the departing old gaurd. Eventually in the USA, bidsinesses will figure this out and abandon replacing entry level positions with AI. Europe on the other hand will crash and burn because they can't seem to recognize reality until it hit them like a freight train!
I think the economy/market will eventually correct as in the days of old inspite of the Government QE/QT efforts because the problem is growing beyond man's ability to fix.
The housing is not gonna sowhen you buy a house. You not only have to pay the mortgage every. You have to pay another mortgage, which is gonna be your land taxes. Then about one and a 1/2 more mortgages to pay for the insurance for the house. UntilnThey do something about these, they impacts.I don't see it?
Stop funding wars
Don’t trust him or trump or Biden
Why don't some of you challenge this bullshit from Washington? Trump said he would cut the military by 50%!!! He increased is by 250 billion which is a 25% increase!! Bessent a former George Soros right hand man was part of the Argentine bailout of 40 billion. It has been reported Bessent did this to bailout Citrone of Discovery Capital a hedge fund who bought Argentinian bonds which were about to be worthless unless that influx of our tax dollars came. COVER THE WHOLE DAM STORY OR GET OFF YOUTUBE!!!!!!
Scott Bessent is a failed PE manager. Leave it to Trump to pick a guy who ran a multi billion portfolio into the ground to be the treasury secretary.
Where does USD originate? So why does the USG sell bonds? Why do economists act like we still live under the gold standard? The economic profession is now theology instead of science.
. . . Besant acts surprised when asked . . . What are you guy's doing to our economy . . . WOW . . . T/C/E . . .
The key to our entire political/economic reality is our monetary system. This system has removed all money(gold) and is based in debt. By this fact this system requires continued NEW debt/currency creation which is inflationary and also resembles a Ponzi scheme.
There's no growth until you cleanse the economy…
Should be illegal to deficit spend and required to balance the budget.
Pain is a great teacher… the market should be left to organically equalize!
Trump says we're in the strongest economy ever…………HaHaHaHaHaHaHaHaHaHa!
You neglect to mention a very large source of income, ie., taxes on financial speculation. These contribute both to our massive and growing unequal wealth distribution and our periodic and larger business cycles. If those who are responsible for these problems are simply ignored they will only continue to grow.
This muppet just said all of the trade deals and the tariff revenue that comes in with this 😂
3% of gdp? Never going to happen not under this administration
LET THEM EAT BREAD !