Why I Bought Toilet Paper At Costco Yesterday (And You Should Too)

🚢 A port strike from Maine to Texas could cause shortages and price increases for essential goods like toilet paper, food, and alcohol within weeks, impacting supply chains and consumer prices.

💰 Despite Fed rate cuts, inflation remains high for necessities, potentially leading to a "snapback of hyperinflation" in 3-6 months when rates are raised again.

🧻 Costco's toilet paper price increase from $1.99 pre-COVID to $19.99 for three packages illustrates the potential for price gouging during shortages and high demand.

🍌 Perishable goods from South and Central America, such as fruits and vegetables, could be most immediately affected by the port strike, impacting availability within weeks.

🛒 Retailers have prepared by front-loading cargo before peak season, but a prolonged strike lasting weeks or months could still lead to significant supply chain disruptions.

The Trigger Has Been Pulled

🌍 The current Israel conflict is causing unprecedented geopolitical risk since the Vietnam War, with multiple countries involved, leading to economic strains and division while the US is in recession and China's economy is faltering.

🚢 The ILA union port strike, the largest in 50 years, threatens nationwide supply chains with demands for a 77% pay increase and automation limits, potentially leading to companies capitulating but later automating and laying off workers.

💰 The US government's uncontrolled spending on wars and illegal immigration is causing inflation, running deficits, and increasing borrowing, making it paradoxically the best time to start a business during a recession.

🛒 Preparing for emergencies by stockpiling food and toilet paper is advised, as official inflation numbers exclude food costs, which would show inflation is still "red hot" if included.

💼 Having multiple side hustles (the Economic Ninja has 21) is recommended, starting small with cash and scaling up, as 80% of companies in major indexes originated during recessions.

Get The Ninja’s Side Hustle Course Here.

Iran Attacks Israel (White House Emergency Meeting)

🚀 Iran has launched over 100 ballistic missiles at Israel in retaliation for the killing of Hezbollah Chief Hassan al-Nahar, prompting a massive military buildup and potential for harsh response from Israel.

💹 The attack has triggered significant market volatility, with the Dow Jones down 200 points, crypto trending down 2.6%, and gold up to $2,700, as investors seek safety amid economic uncertainty.

⚠️ The incident highlights the growing threat of nuclear war and the world being on the cusp of another world war due to the divide of global economies and the fight against a one-world government.

🏠 The Economic Ninja advises preparing for potential hard times after the US elections by holding back savings and stocking up on essentials like food, water, and toilet paper.

🇺🇸 President Biden has ordered US military assets to shoot down inbound Iranian missiles, indicating the severity of the situation and potential for further escalation.

The Season Has Turned

💰 Wealthy investors like Warren Buffett understand that the most money is made during bad economic times, not good times, by capitalizing on market downturns and undervalued assets.

🌴 The Economic Ninja demonstrated this principle by buying trucks full of palm trees for $1 each and selling them for $40 each just weeks later, making a $100,000 profit in a single year during an economic downturn.

🏠 Patience is crucial in market cycles, whether buying a house, car, or collectible, as waiting for the right time to buy can result in paying up to 33% less than the previous year's price.

📊 Understanding market cycles is key to identifying the optimal time to buy assets, with the most profit potential coming from buying during downturns and selling during upturns.

💼 The Economic Ninja's side hustle course teaches how to start making money quickly, even with just $10, by focusing on realistic goals and dividing desired income by the number of days in a year.

Get The Ninja’s Side Hustle Course Here.