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Will You Fall For Their Plan?
XRP Lawsuit Is Finally Over, An Epic Stock & Housing Meltdown Is Coming, People Aren't Buying Home Furnishing Like They Used To, And The Gov't Is Lying About Inflation...
The Daily Ninja 8/8/24
Updates From The Economic Ninja
(8/7/2024)
๐ The SEC case against Ripple about whether they sold xrp as a security is finally over.
๐ธ The court found that 1278 transactions violated Section 5, resulting in a civil penalty of over $125 million, highlighting the severity of the violations.
๐ฐ The SEC's proposed penalty was reduced by 94% from $2 billion to $125 million, a victory for Ripple.
๐ Banks and other countries will start putting their digital currency on Ripple's platform after the lawsuit decision.
๐ฐ The possibility of creating millionaires and even billionaires in the next handful of years with XRP is a compelling prospect for investors.
(8/7/2024)
๐ The economic news is bad and things are going to crap in a hand basket, with bad people mixed in with a ton of morons that want to see you fail.
๐ We're getting ready for an epic stock market meltdown and a housing meltdown.
๐ฐ The Ninja questions the blind trust in companies like Zillow and Redfin, highlighting the importance of critical thinking and skepticism in the housing market.
๐ณ๏ธ "Buying votes" through loan forgiveness and immigration policies is a controversial topic that sparks political debate.
๐ฆ Banks are not reporting their losses the way they should be, still taking massive losses in their held assets.
๐ฆ The plan to take all your homes is not a joke, it's a real threat from Black Rock.
(8/7/2024)
๐ฐ An epic opportunity is coming in the form of an epic collapse, worse than the Great Recession.
๐ณ Credit card balances are increasing and this is an amazing bit of information that you should take seriously.
๐ Wayfair CEO warns of a significant decline in the home furnishing market, mirroring the financial crisis.
๐ณ Americans are cutting out non-essential spending, leading to a decline in consumer savings and a potential impact on various industries.
๐ Real estate professionals mocked the CEO's prediction of a downturn, but now they're selling their homes.
๐ The CEO emphasizes the shortened timeline for economic cycles due to technological advancements, leading to a potential crash in the current decade.
๐จ This will be the first downturn that is incredibly documented because I am going to make sure that people I sound the alarm Bell people get ready and we're all going to go and crush it together.
(8/6/2024)
๐ The worldwide markets are panicking, indicating a potential economic downturn in the near future.
๐ People have no concept of what's going on with their money until something bad happens, highlighting the lack of financial awareness.
๐ฐ The government is lying about inflation levels, which are currently at 1980s levels, and a rate cut by the Fed could lead to unprecedented inflation.
๐ He's got a brilliant idea and I can't wait to see him crush it.
๐ The pursuit of success is valid, but it's important to reassess and shift mindset when faced with challenges.
๐ Encouragement from someone who has been there can make all the difference in pushing through exhaustion and challenges.
๐ The lack of understanding of economic and interest rate cycles among some homeowners may lead to financial consequences in the future.
๐ Creating a unique and accredited course for off-road firefighting demonstrates the power of passion and determination in pursuing one's goals.
Go out and crush it!
-Ninja Out