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- Arizona Tea Still $.99?
Arizona Tea Still $.99?
They Are Lying About The Data, Inflation Is Hitting Low Priced Products Hard, You'll Own Nothing, And Problems With Rent Control Are Popping Up...
The Daily Ninja 7/10/24
Updates From The Economic Ninja
(7/10/2024)
(7/9/2024)
π¨ Arizona IC CEO warns about the impact of inflation on products, especially those priced at 99 cents, revealing the hidden cost to consumers.
π Smart people are getting ready for a crash, while most people are not.
π° Arizona Iced Tea CEO Don Vagio is determined to keep prices at 99 cents, even after 32 years, because "consumers are my friends."
π¨ The CEO of Arizona Iced Tea warns about the potential consequences of inflation, despite the company being debt-free and financially stable.
π° Certain asset classes actually go up in value during inflationary times, such as stocks, crypto, gold, and silver.
πΊπΈ CEO stood against the US government and the Federal Reserve, challenging the price stamped on the can.
(7/9/2024)
π° Corporate landlords dominate neighborhoods by reducing the inventory of houses while expanding the stock of houses to rent, impacting the middle class families.
π° Corporations are buying up homes to rent to you using money from your pension, creating the greatest Ponzi scheme ever.
π° Many large corporations, such as Black Rock and Blackstone, have stopped purchasing single family homes, despite their massive reputation.
πΈ Corporations want you to be a victim so you become a great consumer, borrowing money and making scared decisions.
π° Home prices are too high because interest rates spiked, leading to a housing shortage in the United States.
π° Many mcmansions are financed with cheap money, leading to a potential bubble that will eventually pop.
π Speculation in the market could lead to inflation and cause the Federal Reserve to raise rates even higher in the future.
(7/9/2024)
π The impact of rent control on multifamily housing is a significant concern for real estate investors, and preparation is crucial for navigating this challenging market.
πΈ Rental housing providers are experiencing narrow margins, with 93 cents of every dollar paying for necessary operation costs, making sustainability a challenge.
π "I skate to where the puck is headed not to where it's at." - Wayne Gretzky's wisdom on being prepared for the future.
π§ Wayne Gretzky's strategy of looking at where the person with the puck is looking can be applied to various sports and activities for better anticipation and preparation.
πΈ Government's failed policies, such as out of control money printing and easy credit expansion, are causing prices to go up.
πΈ Rent and insurance control can lead to companies going bust, creating an even larger crisis for the middle class and the poor.
π° Rent control and insurance control will only lead to disaster for real estate investors and homeowners.
π° The real estate downturn will make the rental market even tighter, causing rent prices to swing upward.
Keep Crushing It!
-Ninja Out