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Time To Get Money Out Of The Bank?
Banks Aren't As Safe As You Would Hope, Subway Sales Are Down Bad, Why I Sold Off My Trading Positions, The Time Is Now To Free Yourself From Financial Slavery and More..
The Daily Ninja 8/17/24
Updates From The Economic Ninja
(8/16/2024)
๐ The battle for value among fast food chains has intensified, with low and mid-tier households being financially squeezed by the current economy.
๐ This economic downturn is different from normal cycles, as it involves a deflationary crash where people stop spending, leaving others to pick up the pieces.
๐ค Subway and other businesses are struggling to stay afloat due to a decline in customers.
๐ญ "The sad thing because of government regulation and the overreach of the fed and what they're doing. I believe it's actually going to cause uh more inflation in food in the near term."
๐ผ Subway held an emergency meeting with its franchises to discuss the state of the industry and provide an update on their business.
๐ค The downturn in Subway's foot traffic is attributed to the rise of automation in the fast food industry, leading to job layoffs.
โ ๏ธ The emergency meeting called by Subway suggests that the chain may face serious issues and even the possibility of going under if drastic changes or a successful ad campaign are not implemented.
(8/16/2024)
๐ฐ The Ninja has sold his Bitcoin, XRP, and Solana, indicating a shift in their investment strategy and potentially sparking curiosity about the reasons behind their decision.
๐ "This chart right here is a chart of human emotion and what it actually tells is both the future and the past."
๐ The creation of a fractal, such as a snail shell, can provide insights into patterns like Elliot waves and Fibonacci numbers.
๐ฐ "I have been saying when I go to cash when I sell when I buy and in the last 60-70 days, my portfolio has made about 40% right on there to me. That's good."
โ ๏ธ "The funding rates of Bitcoin on binance have been negative for the third consecutive day, reaching levels not seen since October of 23."
๐ญ The 200-day moving average is a crucial indicator in the crypto market, with stocks and crypto often bouncing off it as support, but when it dips below and can't bounce back, it suggests a downward trend.
๐ฐ "I sold my feta after making 20 times my money and sure enough you know... I still made 20 times my money and I'm happy with that."
๐ฐ "I think we're setting up for a downturn in all kinds of capital markets moving into the election."
(8/16/2024)
๐จ Something dangerous is coming, not only in the markets but in our nation, as a war between two different mindsets is brewing.
๐ The ninja expresses a desire to free people from financial slavery, regardless of their skin color, highlighting the importance of equality and empowerment.
๐ The ninja expresses their enthusiasm for meeting people of different races and nationalities, highlighting the importance of diversity and inclusivity.
๐ฐ Money controls the world and those who control the money have power over people's lives and rights.
๐ข "Truth is a frequency that when it comes out of your mouth you know it and a lie is also a frequency and you can tell the difference every single one of you have an antenna inside of you."
๐ "I don't care what your race is. I don't care what your sex is."
(8/15/2024)
๐ The ninja predicts a serious market meltdown in America and around the world, with Europe already in complete panic and riots in the streets.
๐ The government has coerced certain groups to lie about the numbers, leading to a lack of transparency and trust in the information being presented.
๐ The manipulation in the stock market is insane, with revised numbers and straight up lying about the data.
๐ฑ The real estate crash in 2005 was a scary experience, even for those who were warning about it.
๐ฐ Every dollar I bring in, 10 cents goes to giving, 10% goes to spending, and 80% goes to investing.
๐ The numbers are being revised and manipulated, and it's important to be aware of the truth behind the statistics.
Go out and crush it!
-Ninja Out