Sales Force Best Buy And Kohl's Reveal How Desperate The Nation Is Right NOW

(5/30/2024)

• 📉 The economy is actually cratering, yet bad news seems to be good news for the stock market.

• 📉 The government can change the definition of a recession to fool people and keep them from freaking out.

• 📉 The stock market is on pace for the worst day since 2004, indicating a significant downturn in the market.

• 💸 The government is printing a trillion dollars every 100 days to keep up the illusion of stability.

• 💸 "Now the nation they have no idea that they're running into or running off a monetary Cliff."

• 💸 The opportunity of a lifetime lies in preparing for the next phase of economic collapse, and it's important to take advantage of it.

• 💸 Best Buy is experiencing a pullback in purchases of discretionary items as consumers manage higher costs due to inflation.

• 💰 The recession is already here, regardless of what Wall Street tells you, and it's time to consider alternative investments like cryptocurrency.

Buy Now Pay Later Mortgage

(5/30/2024)

• 🚨 The "Buy Now Pay Later Mortgage" scheme could potentially cause people to lose their homes and hurt them financially.

• 🏠 The cycle of real estate and the potential consequences of buying emotionally with little understanding of the market should be considered before taking on risky loan products.

• 💰 There is a kickback or discount being given to the home builder from the big funds, which is being recorded by companies like Redfin and Zillow, but it's not illegal.

• 💸 "This is predatory lending at its finest."

• 🏠 The idea that everyone should own a house led to a massive housing bubble that ultimately benefited the elites, not the masses.

• 🏠 The Buy Now Pay Later Mortgage allows for a second mortgage of 3% of the home price, making it accessible for those below the median home price.

• 🏡 The Ninja believes that now is the most excellent time in history to wait and be patient before buying a home, despite rising rents and market concerns.

• 🏡 The concept of increasing wealth by owning rentals in addition to a primary residence is an interesting perspective on real estate investment.

Bass Pro Shops CEO Warns America

(5/29/2024)

• 💸 Bass Pro Shops CEO warns about the impact of inflation on affordability, highlighting the challenges faced by consumers.

• 💸 Bass Pro Shops CEO warns about the real impact of inflation on American pockets, highlighting the rising energy prices and increased cost of gas.

• 🛒 "It's about the health of the consumer."

• 🚤 Bass Pro Shops offers payment plans as low as $5 to $10 per day to make boat ownership accessible to everyone.

• 🏠 The CEO emphasizes the need to cater to consumers who are focused on basic home repairs and maintenance, rather than extravagant projects.

• 📉 "Companies need to focus on necessities, not luxury items, as people don't have the money for that stuff."

• 📉 The economy takes that dip and there's more money made during a downturn in an economy than the uphill swing.

The Michael Burry Gold Effect

(5/29/2024)

• 💡 Michael Burry understands the difference between recession and crashes, and the importance of holding onto value during a downturn to make massive gains.

• 💰 CEOs use stock splits to manipulate the emotions of retail investors and encourage rampant speculation in their stock.

• 🌪️ The stock market creates its own wind patterns, constantly trying to bring in new fresh air, similar to a thunderstorm creating its own energy.

• 💰 Michael Burry's substantial bet on Gold by purchasing 44,7129 shares of Sprout's physical gold trust valued at 7.6 million at the end of q1 makes it the fifth largest position in his portfolio.

• 💰 Gold has outperformed the S&P 500, and I believe that in the next 12 months, gold, silver, and Bitcoin will well outperform the stock market due to inflation.