A BIG part of the RE cycle is spiking right now

(9/11/2024)

1. 🏘️ As the real estate cycle peaks, consumer fatigue leads to reduced buyers, increased inventory, and eventual panic selling, triggering a cascade of price drops and foreclosures.

2. 💳 The 25% spike in credit card debt in June 2022, reversing a long-term decline, signals consumer desperation as savings are depleted to cover immediate needs.

3. 🚗 Non-revolving credit surged by $15 billion in June 2022, while revolving credit increased by $10.6 billion, indicating widespread financial strain across various loan types.

4. 📉 The impending real estate market crash will likely increase tax sales, offering investors opportunities to purchase properties at discounted prices for potential flipping profits.

5. 🏦 The Federal Reserve's reluctance to lower interest rates stems from fears of spiking inflation and speculation, based on past experiences with premature rate cut signals.

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THIS IS IT... (China And Russia Making Their Move)

(9/11/2024)

1. 🏦 China stockpiled a record 500 billion Yuan in 2024, potentially boosting its currency value and trade settlement usage to surpass the Euro in global importance.

2. 🥇 China's gold reserves have increased seven times the normal amount in recent months, signaling economic strength and a potential currency reserve.

3. 💱 China and Russia are collaborating to destabilize the US dollar through joint military drills and gold purchases, aiming to create a new global financial order.

4. 📈 The US government is allegedly intentionally causing inflation and unemployment to rise, with the Fed slowly increasing interest rates in a "Death By A Thousand Cuts" approach.

5. 💹 The Yuan has reportedly surpassed the Euro in trade settlement usage, establishing itself as a major currency in the global economy.

Neil McCoy Ward Just Suprised Me

(9/10/2024)

1. 🌟 During the Great Depression, huge companies emerged as the "Great Leveler", resetting both rich and poor to zero and creating new opportunities.

2. 💡 Investing $100K in personal education and mentorship is crucial for developing the mindset to rebuild after financial setbacks.

3. 🏭 The current school system, designed for factory jobs, is outdated in the era of AI and robotics, with countries like China moving away from this model.

4. 💼 Businesses can legally avoid high taxation, as demonstrated by Neil McCoy Ward and his wife, who faced 72% taxes on earnings before starting over.

5. 🌍 The rise of Eastern countries and the Bricks Alliance (Brazil, Russia, India, China, South Africa) will significantly impact the next recession.

6. 💰 As the world goes digital, investing in safe assets like gold is important for older people, while younger individuals should focus on AI and digital spaces.

300 Stores Closed Forever and More To Come

(9/10/2024)

1. 🏬 Big Lots plans to close over 550 stores by mid-2025 due to bankruptcy protection, citing inflation and retail competition as major factors.

2. 💰 During liquidity crises, cash is king, and preparing for economic downturns involves raising cash, working side jobs, and building side hustles.

3. 🏘️ The real estate market is experiencing a crash in 2023, with hedge funds dropping home prices by 20-30% to quickly liquidate portfolios.

4. 💼 Dollar General and Dollar Tree are struggling with store closures, indicating broader retail industry challenges and a squeezed middle class.

5. 🛍️ Liquidation sales from the 2008-2009 financial crisis present opportunities to acquire inventory at steep discounts for future resale at higher prices.