Summary
➡ Draws an anecdote about the importance of heeding advice and not rushing into problems, using a story about his friend Charlie in San Francisco.
➡ Criticizes people who dismiss negative information and refuse to prepare for bad times, says smart preparation is an essential part of success.
➡ Mentions indications of layoffs in big tech and banking from a year ago; predicts more layoffs coming in these sectors.
➡ Accuses the government of falsifying job numbers, explaining that the addition of part-time jobs doesn’t offset the loss of full-time ones.
➡ Regards pessimism as a form of wisdom, suggesting that understanding bad news can provide an advantage.
➡ Mentions 2024 layoffs at Google, Amazon, and Citigroup; particularly highlights Citigroup’s layoff of 10% of its workforce.
➡ Condemns the optimistic portrayal of job markets and unemployment data as not reflecting reality.
Transcript
I’m not fancy. I just put the same one up. And it’s bad news. I’m reading the news. It’s bad. Things are bad, and they’re going to get worse. I don’t know what to tell you, but that’s how you crush it. When you see bad things coming, you do something about it. But only smart people do that. Intelligent people, foolish people, simpletons. They run headlong into trouble. Talked about in the Bible.
So let me tell you a couple little stories. My best friend Charlie is with his wife in San Francisco one day, and they want to go experience the city. They’re like, oh, we barely come here. Let’s go experience the nightlife. And so they walk down the street, just two blocks away from their hotel, which cost them, I want to say it was like $400 a night, because they always stay in nice places and they wanted to go have a nice time as a married couple.
And just walking down the street, police officers come up, two of them, real quick, and they go, hey, what are you doing down here? Like, we’re just cruising down. We want to go check this out. And they go, oh, not here, not here. You don’t go down there. Don’t go down there. And they go, now think about this. I’m going to tell you some other stories. But they had a choice right then to sit there and go, why? Because the cop goes, bad things happen down there.
And they go, are you just trying to stop me from having a good time, fear mongerer? I’m going anyway. No, he’s smart. He’s got a good head on his shoulder. He’s successful. He goes, copy that. Going that way. But you see, like, on YouTube or, people don’t want to hear bad news that scares them. That’s why we have a nation full of people that need safe spaces. Now, let me ask you this real quick.
And I do this on purpose to piss off the algorithms. Type one. If you are strong enough that you would listen to someone and heed someone’s advice, or at least before you spit out a word, you go, let me just contemplate what this person’s telling me. Could it be true? And then, yeah, you know what? That’s good advice. I’m going to take it. Type one, if that’s the case, shove that right up the algo’s butt.
And then type two, if you’d need a safe space. And it would offend you if the police officer would go, oh, man, you’re just trying to stop me from having a bad time. I get that kind of crap all the time. I had one guy email me, I’m going to destroy you. You’re like, scaring my wife. And you’re a charlatan. I get that all the time. You’re a fear monger or charlatan.
I’m like, bro, I’m just reading the news. I’m like, I shouldn’t have called you bro. I think I know where this is going. Just a little beta beta male running around is crying. You’re scaring my wife. I’m like, why? Because she’s listening to the news and she’s going, hey, you know what? This crap’s going bad fast. Let’s prepare. And he’s like, no, I don’t want to prepare. What morons.
Well, now I’m going to do a story about layoffs. I’ve been talking about layoffs for like three years. I’m like, hey, this wave is coming. What started in January of 2023, exactly a year ago, we saw big tech do layoffs, right? Then we saw big, well, not just big banks. Little banks do layoffs, right? And then, oh, venture capital and all that stuff got crushed in the know.
It’s like there’s a season for every set of layoffs. Well, now we’re going to talk. Oh, weird. We’re back in. We’ve got a mixture. Amazon, Citibank, Google. And I’m going to do a little quick live stream of layoffs that are going on right now, this week. Okay? The government’s lying to you about the job numbers. It’s crazy. It’ll sit there if you dig down. And this is what that one beta male crying on.
I’m going to destroy you. It’s like, dude, you’re an idiot. It’s like, just look in the mirror. And then my point being is that you just look at this and you go, okay. You look through the government numbers and look, we added these jobs and you think, oh, well, every time they add jobs, that’s great. Well, no, they actually took away jobs, too. They go, yeah, we added like a million part time jobs and then we lost full time jobs.
And we count every part time job as a job. Like, are you idiot? So it’s like, oh, here’s a million. Well, half of those people have two jobs. So it’s really, you only added half a million jobs. So here we go, this story. Sorry, man. And this is the cool thing again, we’re going to use the bad news to our advantage. There’s a bunch of morons out there, type three, if you agree with that, you’re like, hey, there’s a bunch of morons out there and you can’t warn them.
You can’t sit there and tell them, hey, Neil, don’t do that. Real quick, take that one down. I’ll tell you why later. The link. Take the link down. I appreciate you, though. Hey, real quick, can you give a shout out to Neil? He’s an awesome moderator. And what I’m doing, he’s going to pull that down real quick. There’s this channel that I can’t send a link to, and there’s a special reason why it’s going to blow up if you search it.
It’s called this will make you rich channel. Okay, Neil, I’ll tell you later about it, but I can’t even say it. I hate the way this crap works. All right. Anyway, I love Neil. He’s awesome. He’s such an awesome contributor to this channel. All right, blah, blah, blah, blah, blah. Okay. CNBC. As Amazon, Citigroup, and Google open 2024 with layoffs, experts say unemployed workers should take these steps.
Better not be crying. All right, here we go. I do enough of that for you? The start of 2024 has not been kind to workers in industries that open this year with layoffs, Google has cut several hundred jobs. That’s a nothing burger. In its central engineering hardware and assistant teams. Oh, yeah. AI. Amazon is shedding hundreds of positions across its prime video. MGM studios, twitch, live streaming and audible divisions.
That’s really a nothing burger, too. Come on, CNBC. You got better than this. Don’t worry, I’m going to finish this one. I’m going to one up them. Tech is not the only sector to make headlines for job cuts. Citigroup is cutting 10% of its workforce amid corporate overhaul. That’s a big deal. And I’ve done stories about that. Recent US Department of labor data shows layoffs have been hovering near historic lows.
You’re full of crap. Sorry. Don’t you just love being lied to, I just love, love. Know, you gotta love that phrase when you’re talking to a simpleton, which is usually a co worker or a family member. And I’m sorry, simpletons are morons. You sit there and you tell them all this stuff and they just say, man, well, ignorance is bliss. How many people have heard that, say, yes, if that’s you? I have heard that so many times.
Well, ignorance is bliss. I’m like, you’re a blissful idiot. Copy. And then they’re the ones that get jealous when you pull up in a Porsche someday or a lambo or you have a big house. They’re the ones that, well, ignorance is bliss, bless their heart. So they talk about following steps you can do to shore up your finances to kickstart your job search. Like, hey, CNBC is like, check it out.
This is good for you. Let’s kick start that job search. One, and I’m not going to spend a lot of time on this. Calculate severance pay and unused time off if you’ve got any. Do you know how many people don’t have paid leave? Number two, consult with experts on your exit. Like what? Experts. Okay. Number three, book important medical appointments. That is important. Actually, you know that amputation I was meaning to get? I’m going to go get it right now.
Number four, take stock of any 401k loans you’ve taken. That is important. And the reason why is because if you have a loan out and you get fired, this is a real keeping it clean, really crappy situation. You can be penalized because you haven’t paid that loan back. All right? So you want to get that paid back. Number five, use tools to boost your job search. Number six, commit to at least one daily.
I’m not even going to read this crap. So check this out. We’re going live. Watch this. Here we go. Going live. We’re going live. I’m just doing this. I don’t read any of these articles before we do this. Layoffs. All right, layoffs. Let’s hit the news tab. All right, here we go. All right. News Citigroup. We already went over that. 20,000 employees. Oh, it says here on Wired magazine two days ago.
No, that’s the title. No, the great tech layoffs of 2023 aren’t happening again. All right, stand by. Let’s prove them wrong. So Amazon, Google, du lingo, I don’t know what du lingo. Cut hundreds of jobs. Mass layoffs in New Jersey. Thousands of jobs. Cuts planned in 2024. This is just right out of NewJersey. com check this out. All right. These companies announced mass layoffs. Find out how many job cuts are coming.
Just in New Jersey. New Jersey, 3600 job cuts are coming to the Garden State in 2024. Let’s see. Hold. This is awkward. I’m live. Okay. Other significant layoffs include Barclays, which notified 244 employees on December 1. Ahold e commerce sales company just announced 454 layoffs. Charles Schwab is laying off 109. These are just in New Jersey alone. It says here, check this out. These announcements come at a time when New Jersey reports a seasonally adjusted unemployment rate of 4.
7%. That is a huge drop from New Jersey’s record high unemployment rate of 16. 6% in June of 2022. Well, yeah. Morons. The world closed down. See how bad the media is? This is disgusting. It’s embarrassing. Cloudfare employee records her firing and sparks a debate about whether it was a layoff. Ooh, this is good. Check this out. This is great. Ex Cloudfare employee records her firing and sparks a debate whether it was a layoff in disguise or her fault.
There are people going viral on TikTok right now because of their recording, their firings. This is going to get ugly, I think, too. Discord. You’ve heard of Discord? The CEO blames overhiring as San Francisco tech startup lays off 170 workers. That happened yesterday. That’s in tech. Let’s see here. Cooney Cuny. Mass layoffs and class cuts come just week before new semester. NBC News undergoes layoffs, impacting double digit number of know, the fact of the matter is there’s layoffs everywhere.
The problem is, though, is in know, the first handful of lines on Google are the keyword component. So like today is Google, Amazon and Citigroup. But if you dig down past page five, it’s always page five. I don’t know why. You’ll see all of these smaller firms that are laying people off and they’re not hitting that trend, right? Because, and I’ll give you an example why. When you see a company like Google, Amazon or Citigroup, they have a lot of employees, right? And also they have a lot of search capabilities.
People are searching those companies like they’re searching to buy something on Amazon, or they’re searching where is the closest city, bank, ATM. So the way this ranks, and a lot, a lot of people know this, is that when Google announces laying off, let’s say, 400 people, it will rank higher, faster because of the amount of searches going on with that name. Anyway, along with Amazon, cigroup. But if you have like Discord that gets up there pretty quick because it’s tech and people are searching it, but if you have some water company that’s laying off 100 people, or you’ve got an electrical company laying off 300 people, just a random name, it doesn’t pick up in the group until a journalist says, hey, I’m going to compile all these companies and do a story about them.
And then that picks up a little bit because the news articles, but because of these companies that are so much bigger, they get the attention, right? Even though they’re laying off less. If you looked at layoffs happening right now, and as a matter of fact, I get comments all the time in the comment section. As a matter of fact, let me know down below. My company is laying off people.
Just type that down below right now in the super chat because I want you people to be able to see the truth. It’s happening in small town USA all around. I just did a story on the real estate ninja channel about how these manufactured home companies are failing. They’re claiming bankruptcy, they’re laying people off. And you don’t hear about that until a journalist picks up the story, writes a story and highlights the names of these companies, and they pick up and search.
It’s happening a lot worse than you think, and I believe that you are seeing, and as a matter of fact, I did a video on x because I can’t do it here and it’s about. I can’t even bring it up. Sad thing is that the second this video is up, a computer has read this video and has a transcript for me in, I’m not joking. Less than 3 seconds, which means all of these words that come out of your mouth are graded and judged.
That’s where we’re at, guys. If you don’t mind checking that out, and please don’t put any links in the video. There’s a channel out there called this will make you rich channel. Just search that in YouTube. It’s going to change a lot of people’s lives. This is going to be a big deal. And I am not giving up on showing a million people how to become millionaires during this crash.
Hope you got something out of this. Thank you so much for watching. Oh. Anyone that has a real estate crash course, there’s a new lesson coming out. I’m going to click live on it tonight, so by tomorrow you’ll have it. All right, I hope you guys have a great day. The ninja is. Is out. Bye. .
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