Money is already worthless , $50,000 cars $450,000 houses, food is full of chemicals,$7.00 loafs of bread and on on . We are all screwed, living today is a absolute nighmare compared to life in 80'S
@cockyhemi
29 күн бұрын
Money is never worthless. Fiat currencies are worthless. Gold and silver are money.
@blowfish8203
29 күн бұрын
It's even crazier in California. Average home in my area is over a million. I don't see how the new generation will ever own a home, unless they got it through inheritance. We also have the highest tax and gas rate in the entire nation. Also the most expensive state to live in on the mainland (not including Hawaii). Not to discount other states, it's getting expensive to live anywhere nowadays.
@Weak_juan
28 күн бұрын
@blowfish8203 fight back. Move out of California
@R3B3LMD
25 күн бұрын
Now the Amish don't look so crazy
@Savvygal
25 күн бұрын
Life was so pure growing up compared to the evil of today.
@Ritajames3
19 күн бұрын
I woke up to the tragic drawbacks of our debt-based financial system during the last financial crash. Through discipline, determination and Abby Joseph Cohen my financial advisor, I was able to retire recently in my early '50s with a bit of land in the Williamson act on the California coast and an investment portfolio that can sustain my daily living. I try to spread the word and encourage many people I meet it is possible to achieve the goal of independence. Living below your means can be enormously rewarding! Practice humility and above all, Invest in the financial markets with expert guidance.
@Scotthompson2
19 күн бұрын
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
@elyoutubehaj8579
19 күн бұрын
How can i reach her, if you don't mind me asking?
@Scotthompson2
19 күн бұрын
Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@KarenJohnsonn
19 күн бұрын
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
@x-fatboylifestyle589
Ай бұрын
It’s always we can’t afford to take care of our elders and our military men and women. But I find it fascinating on how much unaccounted money that’s being wasted daily by our beloved government. And our over paid useless government jobs we have in this country.
@petertyckare3432
Ай бұрын
Then think of all the Grants and support for the big capitalists, the 10% who own everything, They always benefit from all Governments, Who received Trillions in Covid support? Who owns the Weapons Factories, Who owns the Businesses you go to, Who owns the Medicine company your tablets come from!.
@timfatout7082
29 күн бұрын
Not wasted - it is being laundered into the pockets of the political elite.
@judyhudgens5310
Ай бұрын
Social security is not an entitlement. That money was taken out of our checks.
@alexharrison9340
Ай бұрын
Yes, for when you no longer have a check.
@timfatout7082
29 күн бұрын
Correct. There are many other actions to be taken before attacking SS - Example would be stop paying 500K for a air-to-air missile that should cost 5K, or 15 Billion for an Aircraft carrier than should cost 1 Billion. We should have air-to-air missiles and aircraft carriers, but we are being overcharged for them to lander money into the pockets of the political elite.
@p51mustang24
29 күн бұрын
It was taken out of your checks and given to someone else, the same way Enron worked.
@ginaashman8849
8 күн бұрын
Truth. Taken out of check without consent. Government stole. Robbed us. He actually said “ attack entitlements”. He would crash the economy. Social security receipt-ants buy groceries and other items too. They are oppressive. You can’t keep robbing the poor and GOD not plead their cause. They are thieves and robbers
@billhorn3
5 күн бұрын
Old folks paid in2 social security so are entitled2it. That $ was2B invested to grow&care4them in their old age, but politician crooks wasted it ... (maybe sent it2Ukraine & elsewhere), why doesn't this guest mention THAT, instead of saying payments should stop ?? Who's going2pay4their food-rent-care...you?
@djsauce4498
Ай бұрын
So if we're not entitled to anything then the government isn't entitled to our money. If you do away with SS benefits then do away with taxes
@lisaharper1827
29 күн бұрын
great point!
@thedot66
28 күн бұрын
💯💯💯💯!!!!!
@billhorn3
5 күн бұрын
Especially since income taxes're unconstitutional & are 2B paid by corps.
@barbarayoung6969
Ай бұрын
No, just no. You do not talk about taking away benefits people have paid into when they are old when money is flowing out of the country to fight wars no one voted on!!
@dragonflydreamer7658
28 күн бұрын
Your mad me to this is the typical jerk,
@user-ih6kq3ku4z
Ай бұрын
I PAID MEDICARE I PAID SOCIAL SECURITY!!!! That is not an entitlement. I am owed. I have worked since I was 10 years old. That is correct. 10 YEARS OLD. Sir, you are strongly misguided. You want us to work until we die to satisfy the 5 or 7 families that hold 7.2 trillion dollars in the stock market. The S&P is 88% held by 3 company's. YOU are apart of them. I truly believe in capitali, m but what we have today is crony capitalism. If we stop sending trillions out of this country and force our corrupt government to pay back the money they stole from SS, there would not be an issue. Working longer IS NOT THE ANSWER. Mind sets like yours IS the problem.
@JDMAP1
Ай бұрын
Sounds About Right, but these people are bringing in the One World Government. Social Security is and was always a Ponzi Scheme. I have been working since I was 13 and full time since I was 15. 25 Years of wasted money I could have invested better myself.
@helenkessler6012
Ай бұрын
We've worked under this promise our whole lives. To hear these desk jockeys spout theory shows they're not connected "where the rubber meets the road."
@deseosuho
Ай бұрын
I'm 34 and have paid into SS for 18 years. If the program is insolvent and won't last till my retirement I will 100% vote to raise eligibility age and cut benefits. It's my dollars that fund your benefits, the dollars you put in were already spent.
@TheOrignalTRockz
Ай бұрын
Sponsored by Blackrock. L. Fink wants to implement a law that automatically takes a portion of any income and put it into a fund hosted by blackrock - and „to ensure the performance will be consistent“ you won’t be allowed to take anything out of it once you retire. Which means, a part of the money you earned will be controlled, used and kept by the government and blackrock. They will force their ownership of your money on you. In multiple countries, not just the US.
@dmka12
Ай бұрын
As a young person I didn't pay for your SS. When you retire I will have to pay for your SS. I'll also have to pay for your Medicare and the Medicare for the people your generation have imported into the country by the millions
@FRANCISCOGARCIA-rt3uz
Ай бұрын
If people are not entitled to collect social security and Medicare as a health insurance, why is the government collecting 15.30% from their paycheck and employer benefits?
@llee8325
16 күн бұрын
In 1968, LBJ created the "Unified Budget", which broke the lockbox on SS, and govt has "borrowed out" the surplus every year, until it finally ran out in 2010. The "lockbox" now only contains IOUs in the form of "Special Purpose Bonds", which must be SOLD every month to pay benefits. We are screwed. THE GOV'T STOLE ALL THE MONEY.
@georgedavid3815
Ай бұрын
Before you tackle Social Security, tackle all the money that is being printed and sent to Ukraine, bailouts and corruption. Start there first.
@asullivan4047
Ай бұрын
Along with the border crosers illegal alien opportunist-!!!😉
@gt5713
Ай бұрын
It's all robbery. Every bit. You were robbed. You're trying to rob kids now. You call this social security, but its all still robbery.
@peterpanini7877
Ай бұрын
This! could reform the tax code to eliminate nonprofit foundations and generational skipping taxes too.
@gt5713
Ай бұрын
@@peterpanini7877 You want thieves to have everything, and nothing left over for the productive sorts?
@teresabarrett8676
Ай бұрын
@@georgedavid3815 I agree. The miccom must be ended. It has only caused harm worldwide. It did nothing else but impoverish US. Protect our borders and care for our soldiers. I don't care which country is number one, two or twenty.
@TinyLuvsBostons
Ай бұрын
Sorry, Todd. I think I’ll pass on this guest
@VinceTomJones
27 күн бұрын
There are only 2 types of Analyst... Those who DO know what they are talking about... and Those who DO NOT know what they are talking about.. there is no middle ground.. anybody who you would label "middle" comes under the DO NOT know category... because they are the "double minded" type... This man is just so Comprehensive in his vast observation capacity. No doubt one of the top few Commentators to be on this program. The thing I like about him apart from his incredible Comprehensive knowledge is>> He is a Humble Man. Thank you David Rosenberg... and Thank you Todd for having David on the show. Some people might not like what he has said but hey some people are terrified of the truth because it makes them re access their thinking and their foolish financial actions and the reality that they may have already sunk their own boat
@ginaashman8849
3 күн бұрын
His attitude makes my blood boil! How nasty or elite can a person get? I rank him with Hitler! To stop social security would be pure robbery!! A lot of Money came out of checks without choice or permission and we were promised. To rob from the elderly and poor to pay the rich, I believe GOD would plead the cause of the poor. His attitude stinks so bad I couldn’t watch anymore of it.
@tiffsaver
Ай бұрын
I totally agree with the gentleman below. I'm 76 and I am STILL working and paying into the Social Security system, including paying backbreaking federal income tax while the ultra wealthy pay NOTHING. I am also still contributing to my own personal pension plan. So tell your guest that YES, I AM ENTITLED TO MY OWN FREAKING MONEY. Now let's get down to cases. For now six decades my own tax dollars have been going to financing endless global conflicts that I never voted for, and the TRILLIONS of my own tax dollars they used to bail out the "Too Big to Fail" investment bankers. But when my small business went bankrupt 10-years ago, did they bail ME out?? Now they're actually giving illegals by the tens of thousands $4,000. a month to stay in posh hotels in Midtown Manhattan, along with totally free health care. I know this for a fact because I just got back from there last month and an NYPD cop pointed to a hotel filled to the brim with thousands of them, who are now "complaining about the food" while American citizens are still living on the streets. Now THAT is the definition of "entitlement," handing out tons of our money that they are not entitled to in any way, shape, or form. And once again I never voted to allow in TENS OF MILLIONS of undocumented aliens into this country, our elected officials like Joe Biden and Kamala Harris did. So just bring it up with them.
@KarenLopez-in5ih
Ай бұрын
Agreed 👍💯
@peterpanini7877
Ай бұрын
Amen.
@Bella65
Ай бұрын
You are SO right. Trillions spent, many dead, on these endless wars. With what they spent on their stupid, illegal wars, we could fund the SS system and give great healthcare to LEGAL citizens.
@dienekes4364
Ай бұрын
ABSOLUTELY!!!!!!
@caryphillips4885
Ай бұрын
Yeah, you guys got robbed. Now, as a young person, I ain't walking into the same trap. Sorry that you were the one left holding the bag.
@markchristensen4270
Ай бұрын
What happens to all the Americans that have been forced to pay into SSI and are told that they shouldn't expect much, if anything back? It's all a SCAM!!! 😡🤬
@Kathleen67.
Ай бұрын
Medicare is an even worse scam.
@cockyhemi
29 күн бұрын
Holding the bag as usual
@freedomfighter-1776
29 күн бұрын
That is the symmetry of the bad program. The first generation that got ss didn't pay anything in and the last generation gets nothing for it to end.
@gregorywhem
28 күн бұрын
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
@LailaJimene
28 күн бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
@NormanGhali
28 күн бұрын
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.
@frankchappellxz
28 күн бұрын
Wow, I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@NormanGhali
28 күн бұрын
Marissa Lynn Babula is the licensed FA I use. Just google the name. You’ll find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@gregorywhem
28 күн бұрын
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
@livia-s6t
27 күн бұрын
I got out of the real estate investing market about a year ago. I think its time to get into the stock market for a while. whats the best strategy to invest around 200K in this current market crash
@Marquez919
27 күн бұрын
Well, this could be a very good time to make profit from the market. But because it's a frantic period, it's often best you employ the service of a financial advisor.
@ScottStraw
27 күн бұрын
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
@Tnks4cmin
27 күн бұрын
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
@hazelwallingford4872
25 күн бұрын
Bond ETF. TLT, for example. Yields 3.75%. With rates declining in the next year or so, you collect the interest and realise a capital gain. Utilities or telecoms might also be a good idea. They should rise in price as rates fall.
@hazelwallingford4872
25 күн бұрын
I wouldn't be putting much money in stocks right now. Valuations are in the top 10% meaning you aren't getting rewarded for the risk you're taking. Bonds are a much better bet.
@americanharleyrider8
Ай бұрын
I am almost 61. I can retire in 1 year. I was forced at gun point to put my money into Social Security. Next year the U.S. Government starts to pay me every penny the U.S. Government owes me. The U.S. Government has been spending money like mad men since 1917. I don’t think the U.S. Government is going to be able to pay their bills.
@rubicon3416
Ай бұрын
Of course the gov't can pay the bills. You'll just be getting printed monopoly money with less and less buying power. And in a severe case, they will also have to actually cut the payouts by a percentage.
@timeforachange-i3s
Ай бұрын
And if you have saved any money they don't want to pay you. They are talking about a means test to receive SS even though some people will have put $500K without a nickel of interest into the system between payroll deduction taxes as well as your employer not paying you directly for their match because they have to pay it for you based on the individual's work.
@julielehman1921
Ай бұрын
He is a moron
@josephspinella8345
Ай бұрын
Why won’t the government pay you, yes it has debts, so what! It also has assets, you know the millions of acres of federal lands and the resources underneath them. Relax, your social security is good.
@americanharleyrider8
Ай бұрын
@@josephspinella8345 You did see the Politician say we are dead broke. You sent your money to Washington and we spent it. We are dead broke. We don’t have your money.
@user-zo9se3um8s
Ай бұрын
They are getting greedier and greedier and greedier. Never enough. The love of money is the root of all evil.
@DianeJarzebinski
Ай бұрын
This guest does not understand
@cathyandresiak
27 күн бұрын
@@DianeJarzebinski He is speaking like a monster because he cannot see past the dollar signs spinning around in his delusional mind!
@xx-vw9ep
Ай бұрын
Social Security is *NOT* a handout. It is not welfare. It is not a gift. It is an earned benefit we pay into over a lifetime of work. When a politician suggests cutting it, he or she is stealing from all of us. Congress: Pay back the $2.6 Trillion you stole from it; then it will be solvent. *Our seniors and workers deserve better* #SocialSecurity
@daviddavey1727
Ай бұрын
The economy would collapse at the first serious suggestion of eliminating Social Security
@p51mustang24
29 күн бұрын
Probably going to collapse either way. Everyone in France in the 20 years before the revolution knew what had to be done to fix things, but nobody had the will to actually do anything. So they did nothing, and you know the rest.
@TommyandJackie
Ай бұрын
Yea I’m entitled to my social security. I’ve paid into it since I was 17 years old. The retirement age is already high enough. Are we supposed to work until we die? I think not.
@TheDeccie
Ай бұрын
How do us retirees agree to “shared sacrifice “ when kids are getting loans forgiven, non citizens getting free everything, gov employees getting phenomenal raises, and on and on, yet we who have paid $500,000 in social security and Medicare taxes our entire lives give that up? I’m all for sacrificing AFTER ALL other giveaways are STOPPED FIRST.
@JSmith-tr4vw
Ай бұрын
Amen!
@honestyfirst3994
Ай бұрын
Totally AGREED!
@JoshuaHancock-zk2tx
Ай бұрын
Social Security payments are not for you, they're for the current seniors. With an aging population, there simply isn't great enough of a workforce to support seniors anymore.
@susanrocksvold534
Ай бұрын
I disagree, BS. We cannot import illegal aliens from 3rd world Crap holes into Western Civilizations With no parameters. Expect them to thrive in OUR CULTURE! Seems to me Switzerland Norway, Iceland do fine without importing the world. This all will not end well. Don't know what the answer is but it's sure ain't this.
@danman1287
Ай бұрын
delusional u benefited from all the money printing n financial repression with low rates n u want to your cake n eat it at the same time
@inflationmillionaire-df3mn
Ай бұрын
even bernie sanders says you can't have open borders and socialism
@asullivan4047
Ай бұрын
When did that diabolically incompetent Marxist democratic😈 make that statement-???🤔.
@dienekes4364
Ай бұрын
You don't have the slightest idea of what "Socialism" is.
@catherinefallon3894
Ай бұрын
True socialism is looking after the people in your country first.
@dienekes4364
Ай бұрын
@@catherinefallon3894 -- EXACTLY!!!!!
@cockyhemi
29 күн бұрын
Forget the open borders part. You can’t have socialism. It doesn’t work.
@afaceforradiowithrichardma4831
Ай бұрын
Hey David Mr Millionaire. We paid into Social Security. Its NOT an entitlement!! So stop the misinformation op please!!! Having paid the max on SS for the bulk of my time in the job market. I want my FUCKING MONEY BACK!!!
@nicklll4477
Ай бұрын
When you pay for something then youre entitled to have it. Its an entitlement whether you realize it or not.
@MultiRocknroll123
Ай бұрын
@afaceforradiowithrichardma4831 Your first problem is you trusted the government instead of being self responsible
@gt5713
Ай бұрын
You want to steal from kids, because you were robbed as a kid. Framing it differently doesn't make your desire to abuse kids any less bad.
@gt5713
Ай бұрын
@@nicklll4477 If you are robbed, you are not then entitled to rob others. Go after the criminals who robbed you in broad daylight. Don't hurt struggling kids. They're already poised to tear everything down. Seems inevitable with the old people's refusal to stop robbing them into the dirt using government as a tool.
@winniethepoohandeeyore2
Ай бұрын
You apparently don't know the definition of entitlement.. You paid into it so you are entitled to it, It is an entitlement. It's that simple. and just as nicklll4477 said, when you buy something, you pay for it and you're entitled to it. For example. You decide to go out to eat at a buffet, You paid for the buffet so you are entitled to the goods they offer on their buffet. When you buy a law mower you are entitled to take it home and use it, when you buy a home you are entitled to move into it, live in it, when you buy a car it is now yours, you are entitled to drive it off the lot and entitled to use the car.
@kevinberta8741
Ай бұрын
You cant take peoples money and then call it an entitlement when giving it back. Paying it out to people who did not contribute is an entitlement.
@cockyhemi
29 күн бұрын
Sure they can. And they do!
@slickwillie4535
Ай бұрын
Maybe the governments can stop spending like drunk sailors
@grannyprepper1181
Ай бұрын
No you can’t attack social security. We were TOLD we had to pay in to social security, no option. I could have invested that money myself and had plenty to live on.
@stayfree6115
Ай бұрын
It's called bankruptcy. Get in line.
@karenjensen2345
29 күн бұрын
Agreed!!!!
@pro70z28
Ай бұрын
Social Security started life as a stand alone program. Employees paid in, then were paid back in retirement. It didn't need to be subsidized as it was "A STAND ALONE PROGAM". The trouble arose when greedy politicians put their sticky fingers in the SS cookie jar and spent the SS money on other things WITHOUT REPLACING IT. Don't blame SS for insolvency , blame the greedy politicians 100%.
@JSmith-tr4vw
Ай бұрын
Truth !
@asullivan4047
Ай бұрын
What about those illegal alien border crosers. Whom will receive from a system that they never contributed to-???🤔. Solution is: deduct1/3 of your benefits to appease the opportunist.
@angieherrera1850
Ай бұрын
if the people in charge of SS use Pelosi's formulas to buy stock (always successful 🤔) our SS payments would be much better.
@HisCoconutGun
Ай бұрын
Im in my 30s and consider myself very conservative, but most of the elderly paid into social security, and it would be wrong to just eliminate it. Why not start by cutting military spending? Or eliminate government jobs? Or increase capital gains tax? Or increase property taxes on 2nd and 3rd homes to give the rest of us, including the elderly, some relief? Or cut military aid to other countries? We send $30 billion or more to Israel alone every single year. Why is your _first_ suggestion to cut social security?
@cockyhemi
29 күн бұрын
How about getting back to the Constitution and sound money? Then it all falls in line.
@HisCoconutGun
29 күн бұрын
@@cockyhemi Sure that's a good longterm goal.
@timfatout7082
29 күн бұрын
Government needs to be reduced by at least 75% at all levels.
@ScottHerzog-S.r
Ай бұрын
Hey Mate, you timed the markets correctly. At least some months ago, you said the top would be in july (I agreed with that). However you had kind of another calendar for B'TC. I never understood this. As I said multiple times: B'TC can't have a sustained rally against the markets. it has failed repeteadly to break the 2021 ATH and now is dragged down by the S&P-Nasdaq. The problem here is that the indices are correcting from way above the 2021 ATH, while it is correcting from below. This outcome that's currently playing is what I called the worst case scenario. This doesn't mean it falls to 10K, this means no blow off top, as I've been trying to argue for over one year already.......... for me .. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@TriciaKeene
Ай бұрын
Adriana Jensen program is widely available online..
@StevenSalyers-f5y
Ай бұрын
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
@TiffanyLeaBembenek
Ай бұрын
I appreciate the professionalism. and dedication of the team behind Adriana's trade .signal service.
@MatthewSeiser
Ай бұрын
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
@PhilipSkelley
Ай бұрын
Adriana.goes deeper than just looking at surface-level trends.. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
@Tkcrypto1
Ай бұрын
Yeah he lost me in the intro. Ima pass on thos video.
@underleft
Ай бұрын
He worked for Merrill Lynch during 2008. So this dude fucked us all over and got bailed out, now we're supposed to listen to him?
@sydviv126
Ай бұрын
I would like the government to pull back on aid for foreign countries. Take care of our citizens.
@BIgBass255
Ай бұрын
this should have millions of likes.
@VinceTomJones
27 күн бұрын
@@BIgBass255 There are only 2 types of Analyst... Those who DO know what they are talking about... and Those who DO NOT know what they are talking about.. there is no middle ground.. anybody who you would label "middle" comes under the DO NOT know category... because they are the "double minded" type... This man is just so Comprehensive in his vast observation capacity. No doubt one of the top few Commentators to be on this program. The thing I like about him apart from his incredible Comprehensive knowledge is>> He is a Humble Man. Thank you David Rosenberg... and Thank you Todd for having David on the show. Some people might not like what he has said but hey some people are terrified of the truth because it makes them re access their thinking and their foolish financial actions and the reality that they may have already sunk their own boat
@SOL_Lightbringer
25 күн бұрын
And get rid of dual citizenship
@crazycatlady1280
Ай бұрын
My husband has been paying taxes so far for 46 years what do you mean Americans don't want to pay for it your wrong
@p51mustang24
29 күн бұрын
Young people today need 46 husbands just to afford a home, you've been getting by with just 1 husband for 46 years!
@ElisaOKeefeSmith
Ай бұрын
And the billions in PPP fraud has never been investigated
@Resmith18SR
Ай бұрын
Tom Brady got his free million dollar yacht with PPP money. Where's my million dollar yacht?😂😂😂
@Savvygal
25 күн бұрын
@Resmith18SR seriously? We didn't get one penny.
@Resmith18SR
24 күн бұрын
@@Savvygal Yes, Just look it up. Google Tom Brady and PPP loan. He received a PPP loan for $996,000 and he bought a yacht with it. The government forgave the loan so he never had to repay it. Free Yacht for Tom.
@jetstream3528
Ай бұрын
Rosenberg can kick rocks. I paid for my SS and Medicare
@nicklll4477
Ай бұрын
Cry all you want. Your ignorance will only fuel politicians to keep the status quo.
@jetstream3528
Ай бұрын
@@nicklll4477 Cry ?? Bahahahaha Take a hike yo yo
@nicklll4477
Ай бұрын
@@jetstream3528 I'm glad the politicians are using those so called trust funds to spend for wars and other things at your expense. Bwahahaha now cry a river
@underleft
Ай бұрын
@@nicklll4477And you can keep paying bailouts to people like Rosenberg for screwing you over.
@cockyhemi
29 күн бұрын
Too bad. It’s a benefit. Benefits can be given and taken at will by the benefactor. That’s how it works.
@grantw7946
Ай бұрын
I can't stand listening to Rosenberg any more.
@Csharpflat5
Ай бұрын
He lost me on the benefit’s clueless
@thomaslthomas1506
29 күн бұрын
He needs LDSR.....
@kellyname5733
29 күн бұрын
@@thomaslthomas1506 What does LDSR mean?
@llee8325
29 күн бұрын
Yeah, he's got his, doesn't give a crap about anyone else.
@JohnRuhlJr-wf1on
29 күн бұрын
@@llee8325if the high earners over $169,600 would have paid their fair share and the government kept their fingers out of the fund there would be plenty of money for everyone!!
@RahimMadison
Ай бұрын
I diversify my investments.I am blessed with a pension.We got out of debt includinh home.I have a personal 457,Roth IRA,individual investing account.I also have a cash value insurance policy.I use my policy to buy assets and pay it back.I also play ratios in pteciois metals.Educate yourself,nobody cares about your retirement more than you.Most important start and dont touch it until retirment.Happy investing/stacking.
@jasmineortiz5551
Ай бұрын
It is important to have an organized plan and avoid making impulsive decisions based on short-term market swings. Patience and a long-term view are essential. You should consult with a market professional.
@LuceWilliam-ir9mg
Ай бұрын
Without a doubt, second half of this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
@DawnMyoung-l8b
Ай бұрын
We've all made mistakes at some point. You should consider financial planning
@jasmineortiz5551
Ай бұрын
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
@LuceWilliam-ir9mg
Ай бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@arnoldec5
Ай бұрын
So he doesn’t blame spending on Ukraine or spending in Israel but instead blames old people collecting social security that were required to fund it forever!
@SOL_Lightbringer
25 күн бұрын
EXACTLY. WHO is he?
@janejohndoe348
Ай бұрын
That being said, we spend $5T/yr on healthcare. That is $40,000 per household. Way too much. Employer based health care is a scam. You pay $25k (average family plan) while you are employed, i.e., while young and healthy. They pocket it and when you actually need it (old or out of job), they point to the government.
@MeJonTheDon
Ай бұрын
EXACTLY!! And you can't even choose to take that money and pocket it to spend or invest yourself! Massive scam, and not hidden at all!
@Bella65
Ай бұрын
If they stopped warmongering (and this goes way back), the trillions they spent in these wars could have supported SS and healthcare for everyone.
@Ballaholic17
Ай бұрын
@@Bella65How many "wars" have we spent trillions on? Our defense budget is about 800 billion a year, and that includes military pay, recruiting, training, technology, maintenance and upgrades for vehicles like planes, tanks, ships, etc. Our spending on immigration, colleges with huge surpluses in cash, green deals and etc
@janejohndoe348
Ай бұрын
How is too big to fail capitalism? How is corporate welfare capitalism? How is the Fed printing money for Elon Musk capitalism?
@TravisPluss
27 күн бұрын
Exactly. Our country is so extremest on our corporatist economy that we know nothing else.
@bmacaz
Ай бұрын
The way David Rosenberg spoke about the average American citizen was insulting, condescending, disgusting-and zero push back from the host. Disappointing...
@underleft
Ай бұрын
What do you expect from a dude who stole from the taxpayers in 2008.
@ginaashman8849
3 күн бұрын
Truth. No push back. I’m very disappointed in the host
@kingedoftheworld
Ай бұрын
I believe in that a global depression is coming
@graciebara8280
Ай бұрын
For the 90,%•
@asullivan4047
Ай бұрын
I wouldn't be surprised. Europe/China are showing signs of a recession.
@josephspinella8345
Ай бұрын
Why? Look at all the changes coming, Space, DNA, Electric Batteries, EVs, 3D printing, AI, Look, don’t be a fread
@cockyhemi
29 күн бұрын
All part of the plan. Has been for a very long time.
@VinceTomJones
27 күн бұрын
So do I.. It is SOOO Exciting.. not everybody loses out in depressions and wars... formulate a plan.. Do it now..
@lavoisier2815
Ай бұрын
How is Social Security an entitlement. Isn't it more of a investment that you Pay into with the expectation of getting a return. If there is a Problem with social security it has to be because of Poor Management like anything that becomes insolvent.
@John-yy4kc
Ай бұрын
Abolish SSA and Medicare then also abolish all income taxes.
@VinceTomJones
27 күн бұрын
and abolish drugs... and other stuff too.. lol
@Jonathan-x9q
Ай бұрын
well explained! Recessions are part of the economic cycle, all you do is make sure ,you are prepared and plan accordingly. I graduated in a recession (2009).My 1st job after college was aerial acrobatics on cruise ships. Today I am a VP at a global company, own 3 rental properties, have invested in, built my own business, and my net worth has increased by $946k in the last 4 years. All thanks to the woman you recommend, happy living.....
@CollinsEdwards-fo8ji
Ай бұрын
It is true, inflation has taught people the important of multiplying income.
@EmmanuelDickson-l8b
Ай бұрын
Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, I am able to build a suitable life because I invested early ahead this time.
@JuiceMark-vf4mr
Ай бұрын
Exactly! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
@Sylvester-n5m
Ай бұрын
I've been touch will financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $1500 in a little over a week, my advisor chooses entry and exit orders.
@Gracelove-qo9ee
Ай бұрын
I'm a widow with 3 children I've actually been looking into mentors lately, the news I've been seeing in the market hasn't been so encouraging. who's the person guiding you?
@troyblackford-dowell1178
Ай бұрын
Yet, corporate welfare is not an issue, nor foreign aid.
@underleft
Ай бұрын
And this guy is the poster child for corporate welfare. Merrill Lynch in 2008, get out of here.
@sidvicious2845
Ай бұрын
Keynesian macroeconomic theory of total spending in the economy and its effects on output, employment, and inflation was the developed by John Maynard Keynes in an ATTEMPT to deal with the effects of the Great Depression. The social security was developed then, a social contract, and you want to abolish it! So what do you have to replace it as it’s creation was to address these issues?
@geneadaway2671
Ай бұрын
I believe that’s what’s behind the push for central bank digital currency.
@kimgabriel4338
29 күн бұрын
they think by calling it "entitlements" so that we will think we do not have right to get our money back. If I put 15% away every year then I could easily retire by 62. The fact that they want to renig after I'm finally able to collect because they are broke is an insult!
@cockyhemi
29 күн бұрын
You have no right to it. You consented to the program, you get what’s coming to you.
@graciebara8280
Ай бұрын
Well I got to say this. There's 180 billion people here and it seems like the club owners are going to walk out the back door with the money box. I'm sure they've got other places they can go. They probably already stored a lot of gold somewhere else. Bunch of thieves.
@302Rmack
Ай бұрын
💯
@asullivan4047
Ай бұрын
Unfortunately there's very little if any accountability how the Federal Reserve spends tax payer money💰. Look-!!!👀. They always know what's better for themselves-!!!🤗. Yes-!!! I vaguely remember the 1-pint glass container delivery milk man & his truck-!!!😉.
@SunDooky
Ай бұрын
look at what their names are. lots of people from the little hat tribe.
@stayfree6115
Ай бұрын
Ahmm....... there's less than 9 billion people on planet earth 🌎
@1termt12uml7
Ай бұрын
Videos like this prove that we need to move on from old white guys telling us how to live our lives.
@user-mj2on9fz7b
Ай бұрын
Especially old Jews
@bronzage4756
Ай бұрын
white guy black guy yellow guy- thats all BS what about competent guy that gives a shit
@geneadaway2671
Ай бұрын
Academics
@cockyhemi
29 күн бұрын
Yeah. I’d rather have a bunch of young black teenagers telling me how to live. Dumb comment. It doesn’t matter who’s telling you what, live your own life.
@1termt12uml7
29 күн бұрын
@@cockyhemi K, boomer....LMAO!!!
@peterpanini7877
Ай бұрын
Well, the issue is first, there is no entitlement. The US Supreme Court back in 1960 ruled that it is a tax and no one is entitled to a benefit. Secondly, the government would have sufficient funds if they didn't give away money and lose money in endless wars etc. Why should SS benefits be cut if the USA has porous borders and puts migrants into hotels and gets welfare. How bought a government for the people and by the people instead of for the elite or select.
@alexp3752
Ай бұрын
40 year career entrepreneur - Lose Social Security and Medicare, the "social contract" between the federal system with the American people will have been shattered and there will be no reason to allow it to continue. It is as simple as that! The current "system" is completely unsustainable, especially with a constantly debased fiat currency created solely out of debt. It is the same all over the Western world, and it is far overdue. We are going to have to return to basics and jettison those who seek to enslave working people by simply not participating in their desire for power and control.
@barrydhurieux7062
Ай бұрын
How about stop funding wars, and US bases all over the world. Stop funding genocide in Israel. Stop supporting the Ukrainians with our money. Stop supporting the Egyptians with our money. Supporting Israel with our money.
@keithbartlett9048
Ай бұрын
Social security is not an entitlement, people are actually paying into it out of their paychecks.
@bmacaz
Ай бұрын
David: "What are you entitled to?" Easy answer: I am at a minimum entitled to the amount of dollars that was stolen from every paycheck i've made over the past 20 years - that is real money that I earned as an employee that went into these programs (whether or not such programs should exist is a different debate), and it was taken under the premise that someday I will get a return on that money in the form of those benefits. Sorry, but yes we are entitled to the literal dollars that we put into those programs (i.e. we DID pay for it, it's not fake money created out of nowhere). Want to trash entitlement programs? Fine, then stop taking from our paychecks and reimburse those of us who put money in not because we wanted to but because it was forced upon us.
@youngwealthdc5096
Ай бұрын
I am disabled on SSDI, I can’t work right now due to not being able to obtain a job even though I apply. I’m on ticket to work in case I need extra funds. Us disabled people are struggling living around the poverty line with benefits but to have NOTHING would cause more of an issue. I paid into my benefits and it makes no sense not to have a safety net for those retiring and disabled. It’s always the ones who spend money without a plan to recoup that punishes the most vulnerable.
@gt5713
Ай бұрын
Who is being robbed to fund your income? Why don't you care about their suffering? What did they do to deserve abuse at your hands. You are simply capable of ignoring their pain. Because a third party does the dirty part. Robbery is still robbery.
@spener84604
29 күн бұрын
You're a leech then?
@SOL_Lightbringer
25 күн бұрын
@@gt5713 this country has enough wealth and resources to take care of its people, we have parasites that are robbing all of us.
@PerkinsSanders832
29 күн бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Stewart.
@Lauren_Grothman
29 күн бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
@DannyRodriguez158
29 күн бұрын
Katherine Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
@MikeGlenn231
29 күн бұрын
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
@AidenCheatle23
29 күн бұрын
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
@Heathermacdonald470
29 күн бұрын
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
@pioneeringinprophecy2024
Ай бұрын
Because of wars we can't afford SS
@tj2791
Ай бұрын
BS
@pioneeringinprophecy2024
Ай бұрын
@@tj2791 looks like it might be. 55% of federal expenditures are for entitlement programs
@geneadaway2671
Ай бұрын
The annual trillion they spend is only what they’ll admit to.
@ElisaOKeefeSmith
Ай бұрын
Tax payers pay into Social Security, the very rich don’t. So it all falls on the middle class as the very rich have all the loopholes. Make the billionaires contribute taxes.
@mrssmithh
28 күн бұрын
@@ElisaOKeefeSmith that is very inaccurate. Earnings are taxed up $168,800 towards SSA. Earnings over that continue to be taxed for Medicare and FICA. Also higher earners pay more premiums for Medicare. The only money taxed for SSA are wages not income.
@ElisaOKeefeSmith
25 күн бұрын
@@mrssmithh I don’t agree. The very rich have businesses and write off luxury cars and boats and whatever else they have, and then end up with next to nothing as taxable income. They are trying to get out of paying. Didn’t Trump have a few years of zero taxes. They play the system. The middle class pay for everything.
@user-zo9se3um8s
Ай бұрын
Young people are having to live in their parent's basements or buy tiny houses. They need a break so I'm happy they are getting one. Go after these colleges that's charging them outlandish tuition. What a joke.
@olowasegun6829
Ай бұрын
Cut back on military spending not Social Security shut up Rosenberg
@fcwt101
Ай бұрын
I paid for Social Security that's why I'm entitled to it.
@rustyshackleford2719
Ай бұрын
Sorry you didn't realize it was a ponzi.
@nicklll4477
Ай бұрын
@@fcwt101 youre only paying for the cost of administration not for benefits. The fed reserve monetizes the rest, hence you're not entitled to shiznit.
@ashfield1425
Ай бұрын
You aren’t entitled to shit. The pit is empty.
@underleft
Ай бұрын
@@rustyshackleford2719sorry, I didn't realize I had a choice to not pay it.
@timfatout7082
29 күн бұрын
@@rustyshackleford2719 Correct, but the victims of the ponzi need to be the political elite, not the taxpayer.
@cbk1232
Ай бұрын
I don’t think ai will replace a plumber,hvac or electrician.
@geneadaway2671
Ай бұрын
It’ll never happen. Like Alexa cleaning your house.
@michelleg1076
Ай бұрын
Its always the rich people that say take away SS. I bet they would think differently if they lost all their money.
@pauld2913
Ай бұрын
rosenberg is just another big bankster talking about breaking contracts. this clown is out of touch with reality, and is evidently unaware that people are and were forced into this payment system. Start with the fraud, waste, and abuse within the system.
@robertvondarth1730
Ай бұрын
He has HIS money, cares not about the millions of us that don’t.
@ParisianThinker
Ай бұрын
Rosie is not a banker. He is only telling the truth.
@underleft
Ай бұрын
Like the fraud waste and abuse of giving a bailout to Merrill Lynch in 2008 which this dude worked for. This guy's responsible for facilitating CDOs that crash the housing market and almost the entire world economy. He doesn't care because he got bailed out of all everyone else suffered. He doesn't care about anyone else.
@cockyhemi
29 күн бұрын
You weren’t forced into it. I haven’t voluntarily given any of the fruits of my labor to the scam artists for many years. Until you draw your line in the sand, you cannot have freedom. The founders understood this.
@VinceTomJones
27 күн бұрын
@@cockyhemi Well said...
@carolandrews6459
Ай бұрын
One question why doesn't David address America's military expenditures?
@slickwillie4535
Ай бұрын
Give me back what I paid in with interest.
@carpathus
Ай бұрын
Break the social contract? In best Greta voice: "How dare you" 🤺
@sojourneroftheland
Ай бұрын
I actually heard her voice when you said that 😂
@greghall4560
Ай бұрын
I am 74 years old and get that many of us think it is our right to be paid Social Security. The Congress will not act and the Administration will not act because they don’t have the guts to to fix or stop over-spending. So what will happen is all of our checks will go down. Social Security will not go bankrupt and Social Security will not go away. But the way that the law is written is that the SS Administration is not alowed to pay out more than its balance plus its income. In other words, the balance of their account is not allowed to go negative. AND it is all our fault, we have continued to elect politicians who overspend and economist with their Modern Monetary Policy say debt does not matter…. Worse than your check going down is we have robbed from our kids and grandkids.
@thoughtcriminal3416
Ай бұрын
The really maddening part is - ITS NOT ALL OUR FAULT. A nation that can endlessly print money and debt isn't "free and sovereign" to ELECT representatives. It's a land mass of tax slaves with politicians SELECTED by central bankers to carry out their globalist agenda under the boot of the military industrial complex
@putheflamesoutyahoo1503
Ай бұрын
JFK blown away........go vote again....
@seriouslyyoujest1771
Ай бұрын
I’m 1982, weeks voted to extend the life of social security, by increasing contributions. What we didn’t vote on was add people who never paid into the system on our Social Security system. But we didn’t vote on was these endless war spending trillions dollars over the last 10 years and will spend trillion dollars for the next 10 years. What happened to the constitutional requirement that says that Congress shall declare war? When was the last time a war was declared by Congress? The United States spends more money military expenditures than the next 10 countries on the top 10 list. Russia is number four. we let our debt get so high that now the interest payments are reaching trillions of dollars. Gotta take those debts. Do what Rome used to do declare a debt jubilee and burn their notes in the forum. Social Security should have no one on the system that has not paid in, end of story. You didn’t pay, you don’t get Social Security. Declare peace, shut our bases overseas, and bring those military bases home. As Robert Kennedy suggested. And take a portion of that money and make fortress America. There are so many solutions other than getting rid of Social Security.
@pqtpat7734
Ай бұрын
Most boring guest yet.
@mikecummings3611
Ай бұрын
I paid into social security for 48 years eff those who want to take it from me
@cockyhemi
29 күн бұрын
You volunteered to pay it.
@mikecummings3611
Ай бұрын
I paid into social security for 48 years eff those who want to take it from me also you can’t take Social Security out from paychecks if your not paying it back
@steved0123
Ай бұрын
If they take out Medicare, my life savings and retirement will be gone in one year. I will own nothing, but the local town will have to support me and pay the bills for everything. A nice thank you for forty years of hard work and dedication. A great example for future workers.
@SachsRealty
Ай бұрын
I don’t believe they will end social security, but I feel most will need more for retirement than this program as time goes on.
@steved0123
Ай бұрын
@@SachsRealty For years I watched Massachusetts import people from the Carribean so they Democrat party could hold power. I've seen may multi-generational families who never left public assistance. They all get free medical care. I paid Medicare taxes and so did my employer. First they better shut off everyone who never worked. That ought to include politicians, too. I already got cheated out of 75+% of a promised pension. Now we have people running around who want to take more form me?
@302Rmack
Ай бұрын
You will own nothing...and be happy...😢
@robinlovesherbabies1370
Ай бұрын
@@SachsRealty Todd, I think it was really weak of you to remove me {under my other you tube name} for calling out Peter Schiff a couple episodes ago. He demeaned a retired individual on S.S. for trying to enjoy his remaining years after a lifetime of hard work and spending some of his retirement money on a golf membership. Am I to understand that only the Elite are entitled to play golf in retirement. Therefore S.S. recipients cannot use their money on what makes them happy. So yes, I referred to "Peter" as a Hypocrite as he has more than one house, travels to London and evades paying as much in Federal taxes as he can get away with by residing in Puerto Rico. And for that one comment I ever made on here, you deleted me. You will probably delete this comment too because...
@duprog
Ай бұрын
The only thing keeping the country together is the reserve currency, and it is not going to last long if the situation is not corrected soon. In fact, I don't think the currency could be saved at this point. Already many countries are reducing their dependence on it and are moving to other ways of trading between themselves. As for entitlement, is an economist entitle to his salary when is predictions don't come to reality ? What about politicians who promise to save us all and end up only creating better conditions for themselves, are they entitle to a decent retirement paycheck or payed medical insurance that they denied the rest of us ? I do agree that we can't keep on going the way we are now but I disagree on what should be cut. Start by cutting subsidies to billionaires and go down from there.
@climjames1677
Ай бұрын
We are in a Managed Depression. Recession just sounds better. I call it, Depression 2.0 2020.
@koryhill7441
Ай бұрын
Uhhhh i pay 7-9k a year in just social security. So i definitely do pay for it.
@Rusty57.3
Ай бұрын
Take away the promised paid for benefits from tens of millions of well armed retirees with nothing left to lose, then see what happens 😮
@user-xc7iq4cm8t
Ай бұрын
That’s why I don’t see this happening! Too many of us have paid into SS our entire careers.
@cockyhemi
29 күн бұрын
The Bonus Marchers in 1932 felt the same way. It ended up poorly for them.
@hcrimmins
Ай бұрын
“After the military, there isn’t much to cut.” Horsepucky! The government needs to show that they can be more fiscally responsible BEFORE voting in increased taxes! We need to see them cut as much as possible!
@brandonwilliams159
29 күн бұрын
We the people should not have to pay any more taxes on anything
@eternalrealist2836
Ай бұрын
What fantasy land does this guy live in? He has no wisdom. Please stop wasting your time (and ours) talking to people who know so much less than you do, Mr. Sachs.
@SachsRealty
Ай бұрын
Thank you for your comment. 🙏 I’m trying to see what these economist believe. Somewhere in what they say, we have to not only read their intentions, but see if there’s something to learn at the same time.
@sidvicious2845
Ай бұрын
What we learn is of is their foundation is greed. Keep the value of their dollars on the back of the elderly, poor and ill. They have more invested individually than we do. They could simply raise the amount of the limit on income that supplies social security but the would rather destroy the problem. Raising the taxable limit is another way of supplying social security funding and fighting inflation. Forrest Gumps mama said it best… we each need so much income and the rest is just for showing off.
@eternalrealist2836
29 күн бұрын
@SachsRealty I really appreciate that mindset, and God bless your patience with these types. So curious, I have to ask: did you learn anything from him?
@SOL_Lightbringer
25 күн бұрын
He’s live in a parasitic fantasy
@deanndaviss
Ай бұрын
All these stupid wars
@wendyhestick8514
Ай бұрын
War makes the rich stay rich!
@tamifromvirginia4046
Ай бұрын
What a waste of money and so sad for the tragic lose of life of the military. The people in power always think the military are disposable. Their family members never have to go.
@reggiejackson7573
26 күн бұрын
The people who receive Social Security paid into the system and planned on their retirement benefit. The people did not have a choice to pay into the social security system because the funds were taken out of the person's check automatically. Note: Every president raided the social security fund to balance the budget. Over the years of raiding the budget, politicians were stating that social security will be insolvent by 2030.
@Mrshuster
11 күн бұрын
Stability is being caused by our economy's struggles with uncertainty, housing problems, foreclosures, global swings, and the fallout from pandemics. To regain stability and spur growth, all sectors must give rising inflation, slow growth, and trade disruptions their immediate attention.
@larrypaul-cw9nk
11 күн бұрын
How can we increase our income during this period of adjustment, considering the economic challenges the nation faces in 2023? After putting so much work into saving up $680k, I cannot allow it to disappear.
@sabastinenoah
11 күн бұрын
Many people minimise the importance of advisers until their own feelings get in the way. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@bobwright-90
11 күн бұрын
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
@sabastinenoah
11 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Annette Christine Conte for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up
@bobwright-90
11 күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
@lisaharper1827
29 күн бұрын
Do we have a choice to have social security deductions on our paychecks? Do we have a choice to pay our taxes...at the store, on our homes? NO. These are not entitlements. They are paid accounts, used by governments, paid by us. Don't touch social security, it is our layaway program for our retirements. Remember, taxes don't go away once we retire!!!
@jamesburke3803
Ай бұрын
I'm a Vietnam era veteran, on Social Security... and I agree with Rosenberg. Entitlements are undermining our entire economic system, and it is not sustainable. I knew this long ago, which is why I built my own home from scratch, and owe nobody. We have known for decades that entitlements were a ponzi scheme, but most people ignored the writing on the wall. Bush tried to "reform" SS 20 years ago, and it ended his winning streak. Luke Groman thinks it will hit the wall at some point, there will be a huge burst of inflation to eliminate the excessive debt, and that will be the reset. So protect yourselves as best you can. The next few years are going to be really rough! Preparing late is a LOT better than not preparing at all!
@youmayberight2434
Ай бұрын
SS is not an entitlement according to 90 percent of comments here and the testimony of the voluminous jobs worked that took this from our wages. My 2 cents.
@masterstacker2833
Ай бұрын
This is what Socialism running out of other peoples money looks like.
@clyde19788
Ай бұрын
hardly socialism. most people have to pay for their medical bills
@ashfield1425
Ай бұрын
@@clyde19788It is socialism when you extract from one group to pay for another.
@VinceTomJones
27 күн бұрын
There are only 2 types of Analyst... Those who DO know what they are talking about... and Those who DO NOT know what they are talking about.. there is no middle ground.. anybody who you would label "middle" comes under the DO NOT know category... because they are the "double minded" type... This man is just so Comprehensive in his vast observation capacity. No doubt one of the top few Commentators to be on this program. The thing I like about him apart from his incredible Comprehensive knowledge is>> He is a Humble Man. Thank you David Rosenberg... and Thank you Todd for having David on the show. Some people might not like what he has said but hey some people are terrified of the truth because it makes them re access their thinking and their foolish financial actions and the reality that they may have already sunk their own boat ..
@86tela
Ай бұрын
Has this gentleman seen a factory worker at 60 yrs of age? Do you know what happens to the body of someone who works in the heavy sun all day, freezer summer and winter what happens to the spine of drivers. People that walk in concrete 12 hrs a day. Respectfully, increasing the requirement age of workers is not the answer. Let's be real here, how much lunger would grandma and grandpa would last working in a factory, if they make it to retirement age.
@geneadaway2671
Ай бұрын
I sleep in blocks of time, about an hour.
@JohnRuhlJr-wf1on
29 күн бұрын
We are entitled to what we already PAID FOR !! Get everyone to pay in !! Just because you make over $168600 doesn't mean you are exempt !! Pay your fair share !!
@LTXsp
Ай бұрын
This guy brings on some good guests. He also brings on a lot of BS like this with no pushback. I'm beginning to think all Sachs is interested in is clicks and building a channel.
@underleft
Ай бұрын
Well, obviously. Why else would you have a KZitem channel?
@ashsobhani2379
29 күн бұрын
One of the most educated researchers around. He speaks facts and in most cases people don't like that. Being balanced in any approach is key to success. Strong risk management always outweighs blind positivism
@Hits-dr4lt
Ай бұрын
The effectiveness of tax cuts began to wane in the 1980s, as they increasingly serve as a form of welfare for the wealthy in the U.S., Canada, and several older EU nations. During the Reagan administration, the economy was propped up in part by the improper use of Social Security funds, creating a façade of prosperity. Since then, the GOP has worked diligently to reframe Social Security in the public's mind as an entitlement rather than a trust fund financed by workers and employers. This manipulation has led many to mistakenly believe that Social Security is merely another welfare program, rather than recognizing it as a crucial benefit earned through years of hard work. Moreover, the ongoing narrative around tax cuts obscures the reality of increasing debt that future generations will inherit. While tax cuts may give a temporary appearance of lower rates and financial relief today, they often come at the expense of exacerbating national debt-debt that is purposely obscured in off-book liabilities and unfunded obligations that will need to be addressed in the coming decades. This misrepresentation allows the government to look favorable in the short term, but ultimately leaves our children and grandchildren to bear the burden of fiscal irresponsibility. The mismanagement and theft of Social Security funds represent one of the largest government frauds in history, with long-lasting repercussions for the working class who contributed to it.
@69elcuchillo
29 күн бұрын
Worked my way thru college & graduate & 1:00:32 1:00:36 medical school ITS NOT PARTY TIME. Worked 20-30 hrs/week plus 75 hours/ week in the summer. I have had a great life. Ability to Work is gift from God!
@dawnblack7957
Ай бұрын
Enjoying the conversation. ☕️
@pmorphis
29 күн бұрын
Really enjoyed David Rosenberg, he gave a very balanced perspective to the market and Fed.
@SOL_Lightbringer
25 күн бұрын
So, another wealthy person from “the tribe” telling you that you don’t deserve the benefits you paid into…
@jimsourbeer1958
Ай бұрын
Raising retirement he's one of the guys that screwed up the stock market I guarantee it
@lindamckenzie6885
Ай бұрын
I agree with David Rosenberg. We’re turning into a socialist society and I think it’s very sad. Whatever happened to capitalism
@underleft
Ай бұрын
He's the biggest socialist of them all. He screwed over the American people in 2008 and got a bail out from the taxpayers. Now that's socialism.
@KEG-zf8yp
Ай бұрын
How about we END THE FED and their Interest?
@dianeillies6711
Ай бұрын
Pay me back the mandated withholding for me and my employers match plus the annual return I would have earned in the market. Then I will opt out and take care of myself. There are no entitlements here. Once earnings are added to the amounts they took as mandatory, I will never collect back what I could have managed myself.
@dianeillies6711
Ай бұрын
I would say to him 'Do the math' but when someone starts the interview saying he is incompetent with numbers, it seems like wasted breath. (From an accountant)
@AdLib9391
Ай бұрын
His points of raising income cap to be taxed for SS, means testing, raising retirement age…all necessary steps. Unless I missed it, one more .. no other claims on SS funds other than retirement, if you paid in you get paid….if not, then handouts come from another source.
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