- The Daily Ninja
- Posts
- Six Months Left...
Six Months Left...
The housing market is due for a big shakeup, Millions Of Pounds Of Meat Recalled, SEC May Have Messed Up The Case Against Ripple, New Business Applications Have Increased, And The Walmart CEO Has Issued A Warning...
Economic Ninja
October 18, 2024
The Daily Ninja 10/18/24
🏠 The housing market is experiencing unprecedented demand despite elevated mortgage rates and home insurance costs, leading to record high prices that are unaffordable for many buyers.
💼 Fannie Mae, a government-sponsored enterprise backing 1 in 4 US residential mortgages, reports that current housing prices are at their highest level in two decades.
🚨 The CEO of Fannie Mae describes the current housing market as "highly unaffordable", indicating a significant challenge for potential homebuyers.
📊 Despite unfavorable conditions, there remains an "insatiable demand" for homes, suggesting a complex and potentially unsustainable market dynamic.
🔄 The repetition of information in the notes suggests a strong emphasis on the severity and uniqueness of the current housing market situation.
🥩 12 million pounds of meat recalled due to Laria contamination, affecting ready-to-eat meals in US schools, restaurants, and major retailers like Costco and Walmart, processed at a Durant, Oklahoma plant, potentially leading to food shortages and price increases in the next 1-2 years.
🏭 Slave labor exposed in poultry and beef processing plants across the US, particularly in Oklahoma, following a presidential candidate's comments about eating animals, revealing widespread exploitation in the meat industry.
🛒 Meat shortages and price increases expected to continue, with Walmart and other grocery stores already experiencing supply chain disruptions as butchers clear shelves and destroy meat.
🏦 The Economic Ninja predicts absolute devastation in the current economic situation, advising viewers to prepare with extra food supplies and build businesses to thrive, not just survive, during the coming downturn.
🥫 Emergency food supplies and canned goods recommended to prepare for potential food shortages and riots, as the economy crashes and the government struggles to maintain entitlements.
🏦 Ripple is developing a blockchain for banks and investing $25M in BitNominal to create a regulated derivatives market for digital assets like XRP.
🌐 Countries potentially putting their digital currencies on top of XRP could lead to massive demand for the cryptocurrency.
⚖️ The SEC may have jeopardized its case against Ripple by missing a deadline to file its appeal, potentially dismissing it.
💹 Ripple's investments and platform development could create a regulated marketplace for digital assets, increasing XRP's utility and demand.
🚀 The combination of bank partnerships, regulatory developments, and strategic investments positions Ripple and XRP for potential significant growth in the digital asset space.
💼 A proposed $50,000 tax break for small businesses would expand small business tax credits tenfold, potentially spurring creation across the US and providing more value than a simple write-off.
📊 New business applications have risen substantially over the past 3 years compared to any period since 2004, playing a key role in job creation and productivity growth in the US economy.
💰 Lowering the corporate tax rate to 15% could allow companies to retain profits, potentially funding more R&D projects, hiring employees, and expanding without relying on debt.
🏗️ A proposed 28% corporate tax rate might force companies to "blow profits" and incur debt to minimize tax, while a 15% rate could enable self-funded R&D and expansion.
📚 A $10 course on starting and managing LLCs or corporations, taught by two corporate attorneys with experience in eight entities, offers valuable information at a significantly discounted price.
💹 The Fed's rate cut during an inflationary period could lead to a 50% higher rate of 7.5-8%, potentially causing mortgage rates to reach double digits, similar to the late 1970s.
🏘️ An impending "epic real estate crash" is predicted, with warnings of 401K losses, credit card limit reductions, and home theft as potential consequences.
📊 The Labor Department's Consumer Price Index showed a 2% increase in September from the previous month and 2.4% year-over-year, not accounting for the recent Fed rate cut.
💰 Walmart CEO John Furner emphasized the company's efforts to maintain lower prices for customers during the holiday season, despite challenges from inflation and disasters.
📚 Understanding economic cycles and Fed rate cycles is crucial for personal financial management, especially during economic downturns.
Limited Time Special Offer
This is For You If…
You’ve never started an LLC Before…
You’ve started a few but want to know the best practices…
You’re looking to start your own side hustle…
You’d like to protect your real estate and assets…
You’re a seasoned pro, but loves to learn…
You just like the Ninja & want to support the channel…
This is the lowest we have ever offered a pre-filming discount on a course. And frankly we should charge the full $99 and it would still be an incredible deal due to the importance of setting up LLCs and Corporations the right way for your businesses…
But we wanted to get this information into as many peoples hands as possible and say thank you for being a subscriber to the newsletter and the channel.
Go out and crush it!
The Ninja is OUT!
If You Want Help Building Credit, Starting A Side Hustle And Making Some Extra $$$… Check Out The Courses Below…
 |  |  |
