- The Daily Ninja
- Posts
- Eggs Are Being Recalled...
Eggs Are Being Recalled...
Bass Pro Cuts Jobs, Eggs Are Being Recalled, Are You An Thinker & Doer or A Worker?, Warren B Is Selling Off Stocks, Google Just Made A Bold Move And More X Updates Not Shared On YouTube
The Daily Ninja 10/10/24
๐ญ Bass Pro Shops laid off 10% of its 1,000-member workforce at its Ozark aluminum plant, primarily affecting Tracker Marine, due to inflationary pressures and increased interest rates impacting the recreational boating industry.
๐ The company's Boat Division, including Tracker Marine, Ranger, and Tahoe, experienced multiple rounds of layoffs, with 85 employees let go in April 2022 and another round in August due to declining product sales.
๐ฎ According to the Economic Ninja, companies like Bass Pro Shops are expected to continue layoffs as the economy worsens, with 2025 predicted to be particularly challenging.
๐ค Bass Pro Shops' White River Marine Group remains committed to producing affordable boats with industry-leading performance, despite the company's cyclical nature.
๐ฅ Upper Management made the difficult decision to eliminate positions, emphasizing that employees are the best in the industry and have consistently demonstrated commitment to building superior products for customers.
๐ฅ A massive egg recall of over 345,000 eggs and meat recalls of 9 million pounds of ready-to-eat products could lead to shortages and disruptions in the food system.
๐ผ The Ninja attributes the quote "I don't want a nation of thinkers I want a nation of workers" to John D Rockefeller, highlighting a perspective that prioritizes a workforce focused on manual labor over critical thinking.
๐๏ธ The Rockefellers are allegedly manipulating the system to keep people in rental properties and 15-minute cities, limiting personal freedom and economic mobility.
๐ฅ The Ninja believes that attacks on the channel and demonetization of the video are due to the content being too revealing, with the algorithm attempting to prevent widespread dissemination of information.
๐ฐ The Ninja suggests that an economic collapse is being delayed until after the next election, but ultimately predicts a crash in markets, advising viewers to prepare with extra food, water, and filter systems.
๐ผ Warren Buffett is preparing for a major economic downturn by selling off Berkshire Hathaway's stock portfolio, particularly Bank of America shares, while building the largest cash reserve in the company's history.
๐ฆ Buffett's 10.1% stake in Bank of America is a crucial indicator, as reducing it below 10% could trigger a stock plummet due to regulatory filing requirements for majority shareholders.
๐ The uploader predicts the greatest market crash since the Great Depression, with the transportation sector collapsing as the economy enters a deep recession or depression.
๐ A potential discrepancy between a strong jobs report and a low CPI reading could expose alleged government misrepresentation of economic data.
๐๏ธ The current banking crisis, which began in 2023, is compared to the one during the Great Recession that started in mid to late 2005, suggesting a similar pattern of economic instability.
๐ข The DOJ is considering a Google breakup as an antitrust remedy, recommending contract requirements, nondiscrimination product requirements, data and interoperability requirements, and structural requirements to prevent Google from leveraging products like Chrome, Play, and Android to advantage its own search and related offerings.
๐๏ธ Google signed leases for 1.1M sqft in West Fort Worth, TX, its 2nd largest in the area, planning to invest $1B in Texas this year for cloud and data center infrastructure, potentially signaling a slow rollout of data centers and eventual exit from California.
๐ Amazon's call for employees to return to full work weeks in offices is causing backlash among laptop warriors who bought homes far from HQ and are now stuck, unable to sell amid widespread tech industry layoffs.
๐ผ Google's expansion in Texas could be a strategic move to distance itself from potential DOJ antitrust action, as the government often needs a boogeyman to justify regulation, and breaking up Google would be a high-profile example.
๐ฐ Google's decision to expand in Texas could be a long-term strategy to establish presence in a state with a more business-friendly environment and lower corporate tax rates, potentially allowing for more growth and investment without California's high tax burden.
Here are some of my recent updates:
Go out and crush it!
The Ninja is OUT!