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Limited Time Real Estate Opportunity, Costco Giving Away Groceries For What?, $30k For Non-Citizens,
The Daily Ninja 8/23/24
Updates From The Economic Ninja
(8/23/2024)
(8/23/2024)
πΈ People are being forced to trade their used items for essential goods due to insane inflation in food and other necessities.
π In this next downturn and stories like this show you that there is going to be an incredible downturn
π Costco offers a trade-in program that allows consumers to exchange their used electronics for free groceries, without needing a Costco membership.
π Costco is adapting to the shift in consumer needs, moving from good times to difficult times, and that's why they're "crushing it".
πΈ Costco is essentially buying items at great prices and remarketing them to make money, similar to what the speaker did during the Great Recession.
π Companies like Costco are making a big profit by buying damaged or outdated items, fixing them up, and reselling them for a lot of money.
πΈ This cycle right now that we're in is a currency bubble and a cycle in currency and that means things are going to go bad really really fast.
π¨ This is incredible opportunity but you've got to be ready for it and you got to be ready for it soon because it takes time to get ready and once you're ready you strike with Precision.
(8/23/2024)
π‘ A new program in Oregon is using taxpayer funds to give $30,000 to people to buy a new home, but only if they are not American citizens.
π¨ Henda CDC is reportedly offering $30,000 for down payment assistance for eligible new buyers through their Camino Acasa program.
π‘ American citizens in Oregon are struggling to find and buy a home due to a severe housing shortage, while non-US citizens are being prioritized for home ownership with tax dollars.
π€ The Oregon legislature allocated $115 million to the EIP to distribute to organizations that would help individuals buy land and property, start businesses, and build intergenerational wealth, but only for non-American citizens.
π¨ They are taking your money and giving it to people that are coming in, not American citizens, not applying for citizenship, not going through all the hard work, and they're giving it to them to buy houses.
π¨ The banks are preparing for a crash and want to buy up all the homes and turn everyone into renters.
π« Andrew Quintino, an attorney at the Pacific Legal Foundation, believes Oregon has a recent pattern of racially discriminatory policies and programs that violate residents' constitutional rights.
(8/23/2024)
π The decision to lower interest rates is considered a "bad, bad decision" that will cause inflation to "take off like you wouldn't believe".
πΈ Gold is at an all-time high because traders are embracing and getting ready for a market crash.
π¨ The government was caught lying about job creation, with nearly a million jobs never existing.
π The expensive homes have collapsed in prices, with no buyers, while the cheap homes are being driven up in price by a handful of buyers who are rushing in.
π¨ The commercial mortgage-backed Securities crisis is massive and makes the mortgage-backed security crisis of the 2008 era look small.
π° This is 100% a lie in propaganda and the sad thing is most people aren't going to figure it out for quite some time.
π No lies from the government and no lies from the real estate associations are going to stop this economy from coming down.
π The Ninja predicts that the same property will be sold for $850,000 by January, indicating a potential buying opportunity.
Go out and crush it!
-Ninja Out