Mortgage Losses Getting Worse As Banks Shift

(6/24/2024)

They Can't Pay Back Their Debt

(6/23/2024)

• 💸 Over 7,000 large companies around the world are drowning in debt and can no longer pay it, leading to a desperate situation.

• 📉 More than 7,000 companies globally employing 130 million people can't pay back loans and are drowning in debt per the Associated Press.

• 💰 Investor Mark Spig warns that "the clock is ticking" for these struggling zombie companies, indicating a potential financial crisis on the horizon.

• 📈 The debt of publicly traded companies has jumped by a third or more over the past decade in several countries, including the United States, which could have significant implications for investors.

• 📉 The definition of recession is being changed to hide the facts, and more layoffs are expected in the next two quarters.

• 🏢 The number of zombie companies has risen nearly 30% over the past decade, leading to potential layoffs in the coming years.

• 💸 The number of US companies going bankrupt has reached a 14-year High, a surge typically expected in a recession, indicating that the economy is already there.

I have a confession to make

(6/23/2024)

• 🤯 "Fools don't want to hear the truth, like I've been in conversations in public where people are talking about something like, well, how does that work? I don't know, I don't know, and then I walk in and I go, if you want to know how this works, boom boom boom boom boom, and I give very scientific style answers."

• 🧸 The refusal to allow demonic toys in a toy store and the media's reaction sparks a discussion about the intersection of business, personal beliefs, and societal norms.

• 🙏 The Ninja finds inspiration in tithing and believes in the power of giving, sharing stories of how it has helped many people.

• 🌍 "I want to be around winners because when I am around a human being that is ambitious and knows more about this world and life than what is right in front of them, it will pull me to be more successful."

• 🌎 A subscriber flew from New York to Canada to see the speaker, showing the impact and reach of their YouTube journey.

• 🌱 The Ninja’s newfound success and motivation to keep working at 52 challenges the idea of retirement and shows the power of belief and determination.

• 👀 The Ninja emphasizes the importance of helping others and not being discouraged by past negative experiences.

• 🌟 Bud and Jesse's decision to liquidate their belongings and start a business in a campground is truly amazing.