The Daily Ninja 4/06/24

Updates From The Economic Ninja

Earthquake Just Hit New York And New Jersey

(4/5/2024)

• 🌍 A 4.8 magnitude earthquake has struck New York New Jersey area, causing concern and uncertainty.

• 🌍 New York Governor Kathy hoel's tweet about the earthquake and solar eclipse timing is intriguing and raises questions about natural phenomena.

• 📈 Epicenter of the quake detected near White House Station, New Jersey, sparking social media buzz.

• 🌍 The earthquake in New York City is very rare and odd, but the potential impact of the bird flu is a hundred times worse than COVID.

They Set Their House On Fire And Blamed The Na*is

(4/5/2024)

• 🔥 Five Pakistani family members set fire to their own home and blamed Nazis, highlighting the dangerous trend of creating false narratives for personal gain.

• 🔥 The arson attack was carried out by the foreign family against their own house for insurance money, leading to false accusations of right-wing extremism.

• 🕵️‍♂️ The family used right-wing slogans to lead investigators away from the Pakistani family.

• 🌍 The impact of demonization and the need for critical thinking in a society driven by emotion rather than facts is evident since 2016.

• 🔥 The house fire was obviously a welcome opportunity to inflict hatred and agitation on our party and our voters almost reflexively.

• 🔥 Germany's migrant crisis is a precursor to similar issues in America.

• 💰 The father and son received life in prison for intentionally burning down their fashion business, causing mass injury and damage.

• 👀 It's important to stay vigilant and aware of the increasing targeting of right-wing individuals and groups.

All 99 Cent Stores Closing Down

(4/5/2024)

• 🚪 99 Cent Stores aren't closing a handful of locations they're shutting down all operations.

• 💼 The closure of all 371 stores will result in a significant number of job losses and affect shareholders.

• 💰 The company's ability to operate has been greatly hindered by rising levels of shrink, including shoplifting, employee theft, and administrative errors.

• 🛒 1. 99 Cent Stores is closing down and liquidating all of its merchandise, impacting 14,000 employees.

• 📉 The pandemic, which initially boosted retailers with stimulus checks, quickly turned into a troublesome time for the industry.

• 📉 99 Cents Only's disadvantage compared to larger chains like Dollar General with a store count of close to 20,000 and a larger sales base.

• 📉 Auditors advising companies to close down due to bankruptcy costs outweighing the benefits of keeping the business open.

• 📉 The economy is nowhere near bottoming and it is going to get worse.

Immigrant Crisis Will Cause Fed To Raise Interest Rates

(4/5/2024)

• 💥 The March jobs report came in red hot at 303,000 above, indicating potential economic ramifications.

• 💸 The Relentless influx of immigrants would lead to a hotter than expected payrolls number.

• 💰 The addition of 303,000 jobs in March, tied for the highest since January 2020, is raising concerns about the impact of immigration on the labor market.

• 🚨 The immigrant crisis is causing chaos at the border, with millions rushing and pushing to seek asylum.

• 🏠 The FED is expected to lower rates, even though they know they can't.

• 📈 "Inflation is going to spike like you wouldn't believe but it won't matter cuz the damage will be done."

• 📈 "What's the data saying your unemployment's dropping payrolls are rising. This is insane and they're going to have the right to go okay."

• 🏠 "The cheapest homes. These this people I got to buy a house it's getting too expensive."

Be safe and aware out there stay prepared.

-Ninja Out

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