American Downfall... Do You Know How?

America's Takedown, Problems With The Drinking Water, A New Real Estate Cycle Just Started, What's Going On With Bass Pro, And More...

The Daily Ninja 8/26/24

Updates From The Economic Ninja

(8/25/2024)

  • 🚨 There is a plan to destroy your wealth and it is starting to move into action right now.

  • πŸ“ˆ You will become wealthy if you act like a bank, meaning you lend money and you don't borrow, in your personal life.

  • 🏠 You can become the bank and make money by paying off homes fast, selling them carrying paper, and having owners refinance with you, constantly resetting the clock.

  • πŸ’Έ "They want a lottery ticket. They want a get-rich quick scheme and that's not how wealthy people become wealthy."

  • πŸ’Έ "The banks should be giving the property the loan not you and all you're doing is enjoying the cash flow, the tax benefits but none of the legal liability."

  • πŸ“Š A 40-year mortgage term costs more to finance than a 30-year term, with the amount of interest paid almost equaling the cost of the house.

  • πŸ“‰ Appreciation is over for a certain amount of time and there is an exact time to know when the appreciation starts, it's in a real estate cycle very identifiable.

  • πŸ€₯ "Critics May argue that longer mortgage term increases the total interest paid but he says because he wants to get you out of the truth but the benefits of affordability and access outweigh this drawback that is straight up manipulation and lies from the pit of Hell"

(8/24/2024)

  • 🀯 People are being "dumbed down" and it's no longer normal the way people act, with many being slowly hurt and poisoned by common things used in daily life.

  • πŸ’§ The water system is one of the easiest ways to poison people.

  • 🚫 He was ultimately able to fight back and prevent fluoride from being put in the water, but very few people know about this serious problem.

  • 🀯 It seems like people are slowing down and there are two classes of human beings now, not based on skin color or gender, but on the ability to have critical thinking skills.

  • πŸ’§ The report, from the US Department of Health and Human Services, contradicts the widespread practice of fluorinating water, defining high exposure as drinking water with fluoride concentrations exceeding 1.5 mg.

  • 🚨 The government has recently warned of a possibility of the water supply being tainted by bad people, and the writing is on the wall.

  • πŸ’¦ Fluoride was not present in humans throughout the dawn of time until just recently in the last 100 years, and it may be doing more harm than good.

  • ⚠️ It's recommended to buy water filters now before a potential public health crisis makes them unavailable.

(8/25/2024)

  • πŸ“‰ Understanding real estate cycles can help you save tens of thousands of dollars.

  • πŸ“Š The homeowner paid $98,000 for it in 2007 and then it went up on the market for $689,000 in 2012, but it didn't sell.

  • πŸ’Έ Sometimes it's beneficial to sell a house at a loss, book the loss for taxes, and then buy a dream house that's now more affordable due to market conditions.

  • πŸ“Š A home buyer was able to identify a cycle by looking at a home's past sale price, specifically one that sold for $900,000 in 2007, and realizing it fits the pattern of a market cycle.

  • 🏠 Christmas is one of the best times of the year to buy a house.

  • πŸ“ˆ Even successful entrepreneurs can find themselves renting due to circumstances, but now is the time to re-evaluate and take advantage of the market.

  • πŸ“‰ The house is going to drop in value isn't that crazy when I can show students why you want to buy now.

  • πŸ“‰ If it goes down some, that just means there's going to be more opportunities in the future.

(8/25/2024)

  • 🚨 Bass Pro Shops is taking a massive hit in its aluminum boat Division, causing trouble to the point where they are now having to lay people off and cut expenses.

  • πŸ“‰ "When the economy turns and it turns every 7 to 10 years, you need to lay people off either that or you will go out of business and you will no longer see these large stores operating."

  • πŸ’Έ The FED has been "too light on inflation" and will eventually have to take stronger measures to combat it.

  • 🚨 Companies like Bass Pro Shop rely heavily on easy credit to sell overpriced items, and without it, customers wouldn't be buying.

  • πŸ€‘ I'm going to go wait for somebody that already bought it that figures out I don't have the $300 a month I'm screwed and they sell it on Facebook or Craigslist.

  • πŸ“‰ "That's how economies build boom and that's how they bust when all of a sudden the credit is gone."

  • 🀯 The FED is trying to keep the banking troubles under wraps until after the election, when "crazy stuff" is expected to happen.

(8/24/2024)

  • 🏠 Home sellers are lying to potential buyers, as discovered by the Economic Ninja and his subscriber during their house hunting experience.

  • πŸ“ Some home sellers are acting like luxury goods dealers, creating artificial scarcity to build demand and get potential buyers to leave their contact information.

  • πŸ’¬ When you start being able to speak in their language and understand what they're saying, the tone of the conversation totally changes.

  • πŸ“‰ The housing market is tanking and it's visible everywhere.

  • πŸ—£οΈ The salesman asked the speaker to hold on and get another family "out the door", suggesting he was sharing information selectively.

  • πŸ’¬ Having confidence and knowing the lingo can make a huge difference in negotiations, leading to epic savings.

  • πŸ“‰ The house just went pending for $36,000 less than what they paid for, that's insane.

  • 🏠 We were straight lied to about the cost of upgrading a new home, with a potential $40,000 worth of upgrades.

(8/24/2024)

(8/23/2024)

Go out and crush it!

-Ninja Out

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