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. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: It's more expensive to buy a car than ever and
Speaker 3: the credit card debt has almost one trillion dollars, So
Speaker 3: five hundred and seventy five dollars is the average car
Speaker 3: payment for a new car. Four hundred and thirty is
Speaker 3: the average payment for a used car. Talked about credit
Speaker 3: card debt all time high, and the average interest rate
Speaker 3: for the credit card is twenty percent interest.
Speaker 4: What so.
Speaker 3: Wait, yeah, how is this impactful for the economy?
Speaker 5: I think going to the political landscape, I know they
Speaker 5: keep reporting that the job market is doing well. Going
Speaker 5: back to your ideology, I don't feel that and see
Speaker 5: that like in the threads that I'm in, not on threads,
Speaker 5: but like in Instagram and telegram, Like there's a great
Speaker 5: portion of people who just don't even want to work
Speaker 5: because they're like, what's the point of working my entire life?
Speaker 5: Even if we talk about a four O one K,
Speaker 5: A four one k is not going to give you
Speaker 5: the same kind of games if you invested for yourself,
Speaker 5: because it's throttling inside of the system.
Speaker 4: I get that.
Speaker 5: I think most people are feeling, especially in this generation,
Speaker 5: are feeling a little bit hopeless, especially with like mortgages
Speaker 5: going up. The rental landscape is incredibly high. Credit card
Speaker 5: debt is like at one of its top levels of
Speaker 5: all time. As a country, I think we need to
Speaker 5: do a much better job of like finding safety and
Speaker 5: this job landscape. So even like, let's take Twitter in
Speaker 5: a way, everyone was fired, I think a lot of
Speaker 5: people need to be let go because it's bad leadership.
Speaker 5: But then you can't say to them, well, you can't
Speaker 5: have a job anywhere else, and don't go to Facebook
Speaker 5: or excuse, don't go to Meta because you were over
Speaker 5: here at Twitter.
Speaker 4: When you violently threw them out.
Speaker 5: I think as a country, one of our biggest risks
Speaker 5: is the implosion from the inside that Ray Dalio talks about,
Speaker 5: is there's just not enough good quality jobs and not
Speaker 5: enough good quality company.
Speaker 4: And that is a big stain on America.
Speaker 5: Like it's the reasona why we only come here and
Speaker 5: talk about maybe twelve companies each episode. Most of them
Speaker 5: are not worth their weight in gold. They're not like
Speaker 5: and I search high and low. But we're going through
Speaker 5: a revolutionary change and also an industrial change, and it's
Speaker 5: just not like a lot of good companies. But as
Speaker 5: a result, we are not creating a lot of high
Speaker 5: quality jobs either. And it's one of the biggest threats
Speaker 5: to our GDP, Like our stud loan bubble shouldn't be
Speaker 5: about to burst and at the highest levels being credit
Speaker 5: card debt, and then we haven't even talked about on
Speaker 5: the mortgage side as well, like the debt bubble. We're
Speaker 5: in like a bubble of everything right now and everyone's
Speaker 5: acting like everything's fine and leadership won't address this. We
Speaker 5: have to make a change quickly, or I'm very fearful
Speaker 5: like people you guys put in the comments, like when
Speaker 5: you go even applying for a job, most people don't
Speaker 5: even feel like they're going to get a call back
Speaker 5: or a great interview, like the disdain for even applying,
Speaker 5: or companies not even having grace to say, hey, it's
Speaker 5: not a good fit, but maybe I can put you here,
Speaker 5: or even when they tell you, hey, we'll keep your mind,
Speaker 5: you know that they're not keeping your mind like people
Speaker 5: have just quit. And also that has led to the
Speaker 5: entrepreneurship boone as a result, because people have had to
Speaker 5: create out of desperation or out of meat. But one
Speaker 5: of the biggest mistakes I think our country has made
Speaker 5: is not securing our job market for our citizens.
Speaker 6: Yeah, well, we saw a slow down in the job
Speaker 6: report speak, which obviously.
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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 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. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal bord
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: were here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department at Homeland Security.
Speaker 4: It's like, all right, well, inflation is working.
Speaker 6: So, I mean, we we talked about some of the
Speaker 6: jobs and they're not the best, right and so we
Speaker 6: talked about leisure, hospitality that's going down. We've talked about
Speaker 6: transportation that's going down. Warehousing is going down. But a
Speaker 6: couple sectors that have going up inside the job market
Speaker 6: healthcare up forty one thousand, social assistance, and construction. So
Speaker 6: that construction is always encouraging, right, because that means that real.
Speaker 4: Estate is going to be an impact of that.
Speaker 6: Over the companies that are inside of that will work,
Speaker 6: reads will increase. So construction is always some disencouragement because
Speaker 6: more things are being built. But the problem is if
Speaker 6: the inturrates are high, who's going to be able to
Speaker 6: afford to live inside those things? Absolutely, So it goes
Speaker 6: back to that balance of like trying to have a
Speaker 6: soft landing, but I don't know how you do it.
Speaker 4: It seems almost impossible.
Speaker 5: And then Dave that the Gross to the LA Show
Speaker 5: told us about the income and commercial real estatele so
Speaker 5: we have commercial.
Speaker 4: Real estate boom.
Speaker 5: Currently there only seven companies keeping the S and P
Speaker 5: five hundred up suit loan bubble on the horizon.
Speaker 4: Then we have credit card debt.
Speaker 5: Yeah, it's been a gross mismanagement of GDP fund capital
Speaker 5: deployment for like the last thirty or forty years, and
Speaker 5: no one wants to say anything and act like everything's okay,
Speaker 5: even crypto. The entire case of crypto being more valued
Speaker 5: came from two thousand and seven and eight, the mistrust
Speaker 5: in the banking system. Then the banks tried to like
Speaker 5: crush it.
Speaker 4: It didn't work.
Speaker 5: Now they want to take over the thing that was
Speaker 5: the alternative to them after people lost trust, Like, come on, man, like,
Speaker 5: we have to do better. We're slowly eroding from the inside.
Speaker 5: And I know people gonna be like, what, there's no
Speaker 5: where else to go but to America. I hear that,
Speaker 5: But these are the ways that you're gonna have to
Speaker 5: think if you want to be an investor. Because and
Speaker 5: the school was saying that this shout at the Fatman
Speaker 5: School people saying it like, y'all wish you all to
Speaker 5: listen from the very beginning.
Speaker 4: This is all stuff he said publicly.
Speaker 5: He was like, Yo, when I got divorced, I have
Speaker 5: to pay sixteen thousand a month in alimony. And advisor
Speaker 5: told him if he had to put sixteen thousand into
Speaker 5: the market for five or six years, every twenty four million.
Speaker 4: He was like, I didn't know these things until I
Speaker 4: came across y'all on this show. I just didn't know.
Speaker 5: Because in the entertainment business, that's another way that they
Speaker 5: get us to generate a ton of revenue but give
Speaker 5: us very little equity and very little money in proportion
Speaker 5: to what we're actually worth. That's why it feels like
Speaker 5: when we come on here, we get to talking that
Speaker 5: shit as not used to being done, because most artists,
Speaker 5: or most black entertainers or black entrepreneurs are usually pigeonhole
Speaker 5: because they're not making that much money.
Speaker 4: And now we're seeing a new.
Speaker 5: Revolution where a lot more of us are are a
Speaker 5: little bit financially free and a lot more financially savvy,
Speaker 5: and they're trying to stop that as well. So kudos
Speaker 5: all of you who have been implemented the advice. Shout
Speaker 5: out to my Man's scoop. I appreciate you, and you
Speaker 5: can Floyd in that New York show great investment. The
Speaker 5: advice was given there too. But I think we have
Speaker 5: to be very mindful of the environment that we're in.
Speaker 5: But the only way to outpace inflation is to invest.
Speaker 5: If inflation goes up to seven percent, yep, what are
Speaker 5: you gonna do. You have to invest in the greatest
Speaker 5: companies on earth in order to outpace inflation, which makes
Speaker 5: you go broke a lot faster.
Speaker 6: Yeah, And we are expecting in two weeks another rate
Speaker 6: hike with more to come. So that was I know
Speaker 6: they paused in June, which most people are critical. Why
Speaker 6: pause if we know that there's still more to raise
Speaker 6: the more they said, maybe two to three more rate
Speaker 6: heights before twenty twenty three is out. So we're not
Speaker 6: out the words by any stretch of the imagination.
Speaker 1: Tough an illegal alien from Guatemala charged with raping a
Speaker 1: child in Massachusetts. An MS thirteen gang member from Al
Speaker 1: Salvador accused of murdering a Texas man of Venezuelan charged
Speaker 1: with filming and selling child pornography in Michigan. These are
Speaker 1: just some of the heinous migrant criminals caught because of
Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
Speaker 1: border crossings are at the lowest levels ever recorded, and
Speaker 1: over one hundred thousand illegal aliens have been arrested. If
Speaker 1: you are here illegally, your next you will be fined
Speaker 1: nearly one thousand dollars a day, imprisoned, and deported. You
Speaker 1: will never return. But if you register using our CBP
Speaker 1: home app and leave now, you could be allowed to
Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
Speaker 1: America's laws, border and families.
Speaker 2: Will be protected. Sponsored by the United States Department of
Speaker 2: Homeland Security.