Views : 508,825
Genre: Education
Date of upload: Apr 7, 2024 ^^
Rating : 4.831 (404/9,143 LTDR)
RYD date created : 2024-05-10T21:27:13.244401Z
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Top Comments of this video!! :3
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.
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Howard explained my fears in this video, and this is probably going to have a full effect on the stock and market .Infact the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k
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If the government would just start making better judgments for the benefit of its people, since they have truly made life more difficult, the U.S. economy could actually improve. The less fortunate are now carrying the lion's share of the cost due to hyperinflation. It's already depleting my whole retirement fund of $560k. Like, where else would be a safer place for us to invest our money?
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The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
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Since the commencement of Biden's presidency, the United States appears to have witnessed more adverse outcomes. These include impacts on the markets, such as declines in prices, significant inflation spikes, and instances of bank failures. I am contemplating whether the sudden surge in interest rates will be advantageous for value investors or if it might be more prudent to temporarily avoid involvement in the stock and financial markets.
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The United States as we know it is no more. All signs point to 2024 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware that I needed to invest. I had no idea how quickly a few thousand dollars a month would go up. Though it is. Since 2020, I've made about $600,000.
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@NewMoneyYouTube
1 month ago
Also, poor Howard - it looks like he stepped straight out of the ring into that Bloomberg interview 😂
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