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The Daily Ninja 8/11/24

Updates From The Economic Ninja

(8/11/2024)

(8/10/2024)

  • ๐ŸŒช๏ธ The banks are preparing for an upcoming event, moving assets around like a tornado approaching a town.

  • ๐Ÿšจ The FDIC came out last July and actually stated we are insolvent. We have no more money.

  • ๐Ÿ’ฐ The FDIC is investigating over 7 trillion in uninsured deposits in US bank accounts, leaving customers at risk with zero protection from the federal government.

  • ๐Ÿฆ The banking system in the US is private, despite the misleading name "Federal Reserve", and it's important for people to understand this.

  • ๐Ÿ“‰ "Get ready for right after this election and watch what happens to the economy if you're not ready for it. Then it's your fault."

  • ๐Ÿ˜Ž The banking crisis is coming whether you like it or not, and I'm going to be honest with you, I like it.

  • ๐Ÿ’ฐ The banking system is set up to fail and is highly leveraged, which is why the 1% keeps getting richer.

  • ๐Ÿ“‰ The next crash is coming, and those who are prepared will dominate.

(8/6/2024)

  • ๐Ÿ“‰ The worldwide markets are panicking, indicating a potential economic downturn in the near future.

  • ๐Ÿ“‰ People have no concept of what's going on with their money until something bad happens, highlighting the lack of financial awareness.

  • ๐Ÿ’ฐ The government is lying about inflation levels, which are currently at 1980s levels, and a rate cut by the Fed could lead to unprecedented inflation.

  • ๐ŸŒŸ He's got a brilliant idea and I can't wait to see him crush it.

  • ๐Ÿš€ The pursuit of success is valid, but it's important to reassess and shift mindset when faced with challenges.

  • ๐Ÿ˜Œ Encouragement from someone who has been there can make all the difference in pushing through exhaustion and challenges.

  • ๐Ÿ  The lack of understanding of economic and interest rate cycles among some homeowners may lead to financial consequences in the future.

  • ๐Ÿš’ Creating a unique and accredited course for off-road firefighting demonstrates the power of passion and determination in pursuing one's goals.

(8/4/2024)

  • ๐Ÿ”„ The cycle of collectibles market collapsing during recessions is already starting to happen, as seen with the flooding of the market.

  • ๐Ÿ“‰ The Ninja predicts a significant economic collapse and warns that the media's aggressive use of the word "recession" indicates the severity of the situation.

  • ๐Ÿ’ธ The IRS is now loosening restrictions on accessing retirement savings in case of emergencies, recognizing that many people don't have enough saved in their regular savings accounts.

  • ๐Ÿ’ธ Pension funds are taking loans just to stop the bleeding of finances in the commercial property sector, showing the severity of the situation.

  • ๐Ÿ“‰ The potential consequences of dropping interest rates could lead to hyperinflation and economic instability.

  • ๐Ÿ’ก "I don't agree with taxation at all. I would want to see a flat use tax."

  • ๐Ÿ—๏ธ The correlation between the introduction of federal income tax and the country's development is thought-provoking.

  • ๐Ÿ’ฐ Most people don't know the significant impact of dropping the tax for corporations and the effect it has on large corporations leaving America to pay no tax.

(8/5/2024)

  • ๐Ÿ“‰ The global financial markets are in turmoil, with the Dow Jones experiencing a massive selloff and upheaval in various countries.

  • ๐Ÿ’ฐ Mortgage rates have dropped significantly, presenting potential opportunities for homeowners or buyers.

  • ๐Ÿ“‰ Being ready for the big event is vitally important, as it can get worse than it is now.

  • ๐Ÿ”‘ It doesn't take a degree to understand how the world actually works, and it's important to wake people up to the reality of the situation.

  • ๐Ÿ“‰ A lot of people are about to get completely wrecked in mortgage rates because they're collapsing right now, indicating potential financial turmoil for many individuals.

  • ๐Ÿ“‰ The repeated belief that "this time is different" in the stock market is a dangerous mindset, especially considering the recent history of market downturns.

  • ๐Ÿ“‰ It's important to study and prepare for the future of finances, especially in the face of potential market fluctuations.

  • ๐Ÿ“‰ The economy is predicted to face a planned demolition by wealthy individuals and other countries, leading to a global market meltdown.

Go out and crush it!

-Ninja Out

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