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⚠️WARNING: Forget Recession | The COMING Great DEPRESSION – The Alarm Bells.⚠️
✅Deflation is at $WMT
✅Nick T sees the deflation
✅Costco is preparing for Deflation
✅Meet Kevin’s Black Friday sale the BIGGEST EVER; guaranteed (MeetKevin.com) w/ new 2023 content on wealth dropping Monday.
✅A contraction of the money supply lead to the 1929-1939 DEPRESSION
✅UNEMPLOYMENT rose to 24.9% in the Great Depression
✅Prices fell for 4 years at an average for -7% per YEAR
✅Levi’s is cutting prices
✅Vans is cutting prices
✅Societe Generale WARNS of DEPRESSION, not RECESSION.
✅Will the Fed print?!?!
Yes, deflation is coming. Prepare. Happy Black Friday.
📝Disclaimer:
This video is not personalized financial advice for the viewer. Read the Offering Circular before investing in HouseHack….(read more)
BREAKING: Recession News
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HOW TO INVEST IN GOLD: Gold IRA Investing
Forget Recession | The COMING Great DEPRESSION – The Alarm Bells
As we enter a new decade, the economic forecast is looking increasingly grim. Despite the repeated claims of politicians and financial analysts that the economy is strong and prosperous, it appears that we may be on the verge of another Great Depression. The warning signs are there for those who care to pay attention.
The stock market is reaching record highs, but this may be deceptive. The market is overvalued, and many economists have warned that a crash is imminent. The global economy is showing signs of strain, with trade tensions and geopolitical issues threatening to disrupt the delicate balance of international commerce. The rise of protectionist policies and the uncertainty of Brexit are also creating an atmosphere of economic instability.
Unemployment rates may be low, but this does not tell the whole story. Many people are underemployed, working part-time or temporary jobs that do not provide them with financial stability. The gig economy has also made it difficult for workers to find stable, well-paying jobs with benefits.
Debt levels are also a cause for concern. Both consumers and governments are piling on debt at an alarming rate. Student loan debt has reached unprecedented levels, and many graduates are struggling to make payments on their loans. In addition, household debt is at record highs, leaving many families one unexpected expense away from financial ruin.
The housing market, which was a major factor in the 2008 recession, is once again showing signs of trouble. Home prices are soaring, making it difficult for many people to afford a home. In addition, the rise of risky mortgage lending practices is reminiscent of the subprime mortgage crisis that precipitated the last economic downturn.
The signs of a looming economic crisis are clear, and it is time for individuals and governments to take action. We cannot afford to ignore the warning bells that are ringing all around us. It is crucial for policymakers and financial institutions to act responsibly and avoid the same mistakes that led to the last Great Depression.
It is also important for individuals to take steps to protect themselves from the coming storm. This may include paying down debt, saving more and spending less, and diversifying investments to minimize risk. It is also important to stay informed about economic developments and to be prepared for the possibility of a recession or depression.
In conclusion, the economic outlook is grim, and the warning signs of another Great Depression are clear. It is time for all of us to take action and prepare for the storm that may be on the horizon. The time to act is now.
Most consumers depend on leverage/credit to make purchases. Banks can only stretch so much credit before needing a bailout again.
I've bought none this BF … i better save!
Inventory on homes about double in Florida now, but prices still need to decline 50% to get back to precovid.
I think you should 'inflate" your hair to where it was!
We need so much deflation to get prices back to any level of "normal" that I say, BRING IT ON! Fed should hold the line and keep rates higher for longer. Go J.Powell.
What deflation??? Everything is still expensive. Homes and rent still way up
The over reaction to covid will be dealt of the golden egg laying goose.
The cost of house trusses have dropped dramatically. If you want to build a home now is a time go grab it while inflation still high, but prices are dropping on materials.
I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
Bro you sound drunk AF…..
Cut prices bullshit to high. Economy is in trouble next year election year
What options should I look at Monday with $2500 to play with?
With all the HISTORICAL DATA, why would they (The FED) redo the SAME MISTAKE AGAIN?
I don’t see the FED allowing the US to have deflation in an election year. They will print money if needed.
Playing pong with the inflation.. it’s the titanic.. get your life boats