Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership.
Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
Speaker 1: Under President Trump, attempted illegal border crossings are at the
Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
Speaker 1: aliens have been arrested. If you are here illegally, your
Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
Speaker 1: and deported.
Speaker 2: You will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally.
Speaker 2: Do what's right. Leave now.
Speaker 1: Under President Trump, America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security.
Speaker 4: What is the indicator that warns us of a possible depression?
Speaker 5: Gotta look at the money supply. So when I was
Speaker 5: in my research on this, this is scared. So in
Speaker 5: eighteen seventy, the money supply was negative too, which led
Speaker 5: to the unemployment and fourteen percent. A nineteen twenty one
Speaker 5: it was negative two percent, which led to the employment
Speaker 5: being eleven percent the Great Depression, the money supply was
Speaker 5: negative twelve unemployment was twenty five percent negative, and the
Speaker 5: money supply in twenty twenty three we are currently at
Speaker 5: negative two percent.
Speaker 3: What is the money supply?
Speaker 5: How much money is actively floating in the market. So
Speaker 5: in twenty twenty they have a bunch of it that
Speaker 5: they put in that were acting like Floyd at Girl Collection.
Speaker 5: We're just throwing money around and everyone you get a car,
Speaker 5: you get a car, you get some money. Now the
Speaker 5: supply is actually negative. So outside of the inverted yield curve,
Speaker 5: the two and ten, this is the one that predicts
Speaker 5: a depression. Am I going to go on record and
Speaker 5: say they we're going to go into the depression.
Speaker 3: No?
Speaker 5: But Dave scared the hell out of me on stage
Speaker 5: when they talked about the commercial.
Speaker 3: Level very common.
Speaker 5: He said like silvigating and this issue with SVB this
Speaker 5: is small. I was like, wait, what, So if he's
Speaker 5: been in the institutional space and then a buffet indicator
Speaker 5: is turning over the inverted yield curve keeps signaling recession,
Speaker 5: but Biden and yelling and won't announced it yet. There's
Speaker 5: a reason why things can be a hell of a
Speaker 5: lot worse, so please be careful.
Speaker 4: Well, the commercial real estate thing is a few people
Speaker 4: have been talking about that for a while, and even
Speaker 4: in China. Remember years ago they had built the whole
Speaker 4: city where nobody's ghost town. And these are things where housing.
Speaker 4: People are always gonna need housing. But you see malls.
Speaker 4: I live in the area where there's a mall and
Speaker 4: they're closing that. I think they're building an apartment building
Speaker 4: there because people aren't shopping the same. Right, when you
Speaker 4: look at office space, nobody's working in office anymore, right,
Speaker 4: So this is something that all signs lead to the
Speaker 4: commercial bubble, right, And there's only so much apartment buildings
Speaker 4: that you can build out a certain point that becomes unsustainable. Also,
Speaker 4: so the real estate market is definitely interesting, and ye
Speaker 4: shot the day he gave some great insight on that.
Speaker 4: But I think that when people are looking to invest
Speaker 4: in real estate, it's important to understand what's essential. So
Speaker 4: housing is essential, right, You can't really go wrong with housing, because.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership.
Speaker 1: I'm Christy Nohm, the United States Secretary of Homeland Security.
Speaker 1: Under President Trump, attempted illegal border crossings are at the
Speaker 1: lowest levels ever recorded, and over one hundred thousand and
Speaker 1: illegal aliens have been arrested. If you were here illegally,
Speaker 1: your next you will be fine nearly one thousand dollars
Speaker 1: a day.
Speaker 2: Imprisoned and deported, you will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally.
Speaker 2: Do what's right. Leave now.
Speaker 1: Under President Trump America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security.
Speaker 4: People always gonna need to live somewhere, unless you're just
Speaker 4: doing it the wrong way. You're buying a luxury apartment
Speaker 4: building in Omaha, Nebraska, that might not be something that's
Speaker 4: really suit out to Omaha shots But all these other
Speaker 4: commercial projects you just gotta see a lot. Some commercial
Speaker 4: makes sense, but some commercial it might not make sense.
Speaker 4: It might make sense today, but it might not make
Speaker 4: sense ten years from now. Where housing is always Housing
Speaker 4: today is still gonna make sense housing ten yearsrom now.
Speaker 4: But like you said, the office space, who knows, Corona
Speaker 4: three point seven might come out right, and then there's
Speaker 4: nobody ever going to be working in offices ever. Again,
Speaker 4: that's that can happen. So it's just like.
Speaker 6: Or people decide that they are going back to work
Speaker 6: and now it makes sense.
Speaker 4: It's risky the housing residential real estate. In my opinion,
Speaker 4: residential real estate is And that's why he said a
Speaker 4: lot of these big banks and institutions started buying single
Speaker 4: family homes Blackstone black You know, I just feel like
Speaker 4: residential real estate is a little bit more risky than
Speaker 4: commercial real estate. Residential is more risky. Commercial is more risky. Absolutely,
Speaker 4: And because like I said, you see it. You said,
Speaker 4: the mall that we grew up going to going right.
Speaker 6: If you think about the workspace people, what happens to
Speaker 6: the space, They have to in a sense get converted.
Speaker 6: But they're going to get converted at a rate that
Speaker 6: makes sense to the person who's actually going to purpose
Speaker 6: purchase it. And that's one of the things he said.
Speaker 6: It was like, Yo, that's a bar. He was like, yo,
Speaker 6: when it's distress. That's how they invest. A lot of
Speaker 6: these commercial real estate companies right at a serpent, they're
Speaker 6: not gonna get anything. They're not getting their leases, they're
Speaker 6: not getting their rents, or they're gonna they're gonna have
Speaker 6: to force to get it at or sell it at
Speaker 6: a price, or least at a price that makes sense
Speaker 6: for the pent who's actually gonna acquire it, and so
Speaker 6: it's gonna be a great opportunity for somebody. Or if
Speaker 6: they don't do that, then somebody's gonna come in and
Speaker 6: just say, all right, well we're gonna make this residential anyway.
Speaker 5: Yeah, because when I go into the gallery and now
Speaker 5: gallery is dead.
Speaker 4: Man.
Speaker 5: It used to be thousands of kids at the little
Speaker 5: skating rink. Now I go dry over there, a by center,
Speaker 5: bundon a little foot locker down there.
Speaker 3: Like.
Speaker 5: The thing that we have to realize too is when
Speaker 5: you keep borrowing and putting more debt on a consumer base,
Speaker 5: you destroy your bias market for everything. Yeah, so if
Speaker 5: you don't take care of the people now, it's gonna
Speaker 5: affect your business later.
Speaker 4: My graduates from my school being forced back drop bag
Speaker 4: drop might drop back drop drop.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership. I'm Christy nom the.
Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
Speaker 1: illegal border crossings are at the lowest levels ever recorded,
Speaker 1: and over one hundred thousand illegal aliens have been arrested.
Speaker 1: If you are here illegally, your next you will be
Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported.
Speaker 2: You will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally.
Speaker 2: Do what's right, leave now.
Speaker 1: Under President Trump, America's laws, border and family will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security,