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Summary
➡ The speaker discusses various topics including the increasing trend of families living together due to financial constraints, the potential risks of investing in Bitcoin, the importance of negotiating for better deals with service providers, and the dangers of using weight loss drugs designed for type 2 diabetes patients. He also mentions a law firm’s recall list for various products, the obligation to tip in certain situations, Target’s discounted shopping for the holiday season, and Amazon’s new dollar store concept, Amazon Hall.
➡ The article discusses a report from the UK attributing 170 deaths to two specific drugs. It emphasizes the importance of personal health habits like eating right and exercising. The author also encourages kindness, especially as many people are struggling financially during the holiday season.
Transcript
But there is something called the working poor and I think more and more people are part of this group. And four years ago I did a study and videos for you guys about rents and how rent started to shoot through the roof. And it started with Australia. You know Australia is a fascinating place. First of all their rents are basically calculated weekly. Most people get paid weekly in Australia so they calculate the rents per week. And what we saw was we saw crazy figures where rents in Australia went at 26%, 43%, and even doubled in some locales.
And I had people write me and it was just fascinating, but I was blown away by the weekly rent rate, which is basically it’s the same thing. It’s yearly rent, they just break it down weekly. So you can multiply it by four, some landlords take rent on the first of the month, some want their rent you know every Wednesday. It was fascinating to learn this. But what we were seeing was more and more people that were getting priced out of a place to live. Now running the news channel and doing this, it’s fascinating what you learn and what gets shared globally right now.
And Dr. Marvin sent me a great video that Ted Koppel had done for the morning news and yesterday and it was about how people that are working are still poor. And our middle class is just getting destroyed right now. And people are getting priced out of the markets. Now think about this, here in Southern California it is crazy what my friends have paid for condos, six, seven, eight hundred thousand dollars more. And their payments, wow we were so great to get our payment under eight thousand a month. Whoa okay.
Now some of you hear that and you just go shocking. And my brother calls me this morning was talking about real estate prices in Las Vegas, how they’re dropping to the floor and you’re starting to see fifty and hundred thousand dollar price drops and people that bought houses that own them seven and eight years and lost money. It’s fascinating. But the big problem is that people are working full-time right now, full-time, 40 hours a week if not more and they cannot afford to have their own place to live. Now I went out with another youtuber again four years ago and we went and filmed in Los Angeles and saw people living in their cars that had full-time jobs and could not afford rent in downtown LA and Hollywood and had to resort to bathing at the gym and sleeping in their cars.
This is a huge problem. Who’s dealing with this? Who’s dealing with this? Wages are not keeping up. You know the world can tell us how you know oh you’re making more money than ever. You’re not because things have shot up through the roof and you know is inflation dropping? Maybe that sure seems expensive right now and when you have people that go out and cannot afford rent for a one-bedroom place. My cousin moved from here in Southern California. He wanted to live in what we call South County. It’s the county that’s it’s it’s the part of Orange County that’s right above San Diego County.
The marine base Camp Pendleton separates Orange County and San Diego. He wanted to live in the South County area which is nice but he’s like Dan I’m looking at apartments for a one-bedroom place in an okay complex it’s $3,400 a month and he’s like why do that? Now he lives in Arizona, rents a house on a golf course where his backyard faces the golf course. He has a swimming pool for $3,000 a month and he’s got almost 3,000 square feet and again he lives by himself and his kids come visit him and his friends do and his cousin does occasionally.
You know but that is the difference. Now people right now in New York City, places like Los Angeles, they cannot afford to eat take care of their kids, pay for childcare, and pay for rent. You’ve got to make up for it somehow. I had dinner with a friend the other night and she was telling me about a friend of hers who had a fight with the house that she lived in where there was a home that was owned by cops and firefighters. Cops and firefighters owned the house and they rent out rooms to people and this woman was paying $500 to live in this house, $500.
That’s it. That was her rent and she basically had her own private entrance, own little kitchenette, bathroom and everything and got into a squabble with her landlord and they’re like okay you’re out in 30 days. Bye. So she’s got to be out by December 1st and I’m like I just told her the $3,400 price. She has no clue what she’s gonna make. I don’t think she makes that in a month Dan. Well she’s gonna experience homelessness or living with a friend or something like that because it’s crazy and landlords you know in New York City this is the perfect example.
These people are horrible and for everything bad about landlords they just they hammered it home in New York City. This mom Donnie guy’s an imbecile and he is an idiot. He is making promises to the poorest of poor people that think that this guy’s going to be able to come up with some magical elixir that’s gonna give everything away for free and it’s never ever ever gonna happen. You will see problems with the police, problems with the firefighters, the head of the fire department just quit. Who’s a really wealthy guy who’s like I’m not participating in this nonsense.
It’s gonna be insane but again this is affecting everybody and people don’t want to get up and go to work. People take care of themselves. I’m telling you learning finances, learning, getting a financial education is the most fascinating thing ever. It really is. The most successful friends that I have in my life every single one of them were dirt poor at one point and I mean they had nothing and they had to figure it out and I have one friend that I wish I could tell you the story because it was so brilliant how he wasn’t in this country and how he worked to help people with English and how he made a living and again arguably one of the most successful guys but again grounded and rounded is what I call it where these people have experienced this and they don’t want experience again.
Could this guy go drive any car he wants, any sports car, live anywhere he wants? Yes, doesn’t choose to. Chooses to have peace of mind and work on moving his business forward and again the thrill of educating yourself, the thrill of knowing more is worth more. So I’m telling you right now there’s a lot more to cover on this. Let’s talk about our sponsor Patriot Gold Group. Patriot Gold Group has been number one rated for nine years in a row with Consumer Affairs. They have well over 10,000 clients. They have done over a billion dollars in sales.
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Call number one rated Patriot Gold Group before it’s too late. If you don’t want to call use the link below. Fill it out. They will send you a free investor guide and they will answer all your questions. Contact them today. Make it your New Year’s resolution. Fix your finances. Contact Patriot Gold Group today. I like making predictions with myself where, you know, give myself a time frame. There’s going to be massive layouts between now and November 1st. I was right about that and unfortunately you haven’t seen anything yet. One prediction that I am making right now is you’re going to see more and more families living together and when I was dead broke and you try to make arrangements and try to keep your kids and and get by you do what you can do and I talked about this with friends about living with other people and I like living alone guys.
I like, you know, having the guest room if my buddy Gary from Florida calls and says hey I’m flying out for a week is the room available yes it is come on out buddy you know but you know if my kids come down or they they come in from out of town it’s there it’s available for them but I don’t know and I do know the answer to this and I couldn’t handle living with another adult and all their personalities and everything else right now I just couldn’t do it but you’re going to see more and more families that are going to have to shack up together and have two families kids maybe three kids four kids seven kids in one house living together to get by this is going to happen you’re going to see more and more of this between now and next year because the affordability talk thank God they’re having this talk right now but it’s not working guys people are not being able to afford to live right now it’s happening now I want you to think about a few things Peter Schiff I love Peter Schiff I’d like to interview Peter Schiff one day and he’s just a brilliant brilliant guy but he has a great article below that you can read talking about how he’s starting to pull Bitcoin purchasers and you feel Peter was right yet you know as comparing Bitcoin to gold and again Peter loves gold Peter is mr.
gold to say the least and he seems to think that the people that invest in Bitcoin are going to be sorely mistaken and if they’ve blown it I don’t think it wouldn’t go that far but I think it’s interesting the Verizon CEO boss could still pocket 20 million dollars as he loses his job and they cut think about this 15,000 jobs are going to be cut from Verizon are you not paying your cell phone bill no it’s just too expensive right now it is outrageous to have a cell phone plan so the affordability of everything you have to deal with this you have to be able to pick up the phone when my mother was alive she was so good at this I mean she was so good at calling and him and in Han and maybe it was her salesman sons I don’t know what it was but she just was so good at this and there is a fantastic article that I’ve got below for you from the one and only mr.
wonderful and he’s talking about how you know everything that’s going up if you notice your your internet bill your cable bill anything call them and work on this and you need to speak to the retention expert the retention manager for the company because think about this they would rather give you a better deal and this is Kevin O’Leary’s thinking about this and it’s a great article they would rather give you extend a reinstate promotional rates they’d rather waive fees give you a one-time charge off offer loyalty perks price match the competitors they’d rather do that because the odds of a retention specialist once you speak to this person in the company they have a 67 to 84 percent chance that they’re going to keep you as a customer that is talking about a strong batting average that’s fantastic but Kevin says that you need to learn to negotiate you need to learn to ask for the moon when you do this and once again you know I am on a fixed income I am broke I cannot do this and everything is just more expensive right now nothing is inexpensive nothing is a deal anymore and and this is something that you need to work on because so good just it was such a good article but his whole thing was he loves a deal and he is a billionaire well you can afford it Dan well just pay the cable bill goes up 50 bucks a month pay it it’s funny my cable program my cable package that I have all these movies on does not have Paramount Plus on it and I want to watch a land man right now and I’ve got to add it so I’m trying to figure out what is the best way to do this so that I’m not going to get fleeced on this do I buy it on my phone and then just stream it to my TV past it to my TV what do I do that’s that’s the big decision in my house right now there is a law firm that you’ve heard of Morgan and Morgan that advertises all over the moon and they do a basically a weekly recall list and Lauren Connecticut sent me this list and it’s fantastic but they do an email list where they have all the recalls and you know from a month ago the Toyota recalls you’ve got you know the Chevrolet Equinox the Hyundai the Nissan Leaf the Toyota Sienna and again everything from cars baby loungers retractable safety gates children’s robes all this stuff and again the Litigation Festival a personal injury law firm that sues the bejesus out of people which they’re they’re the world’s largest personal injury firm you don’t get that big for nothing because you didn’t do something right but their cool email list of recalls that was that was super sharp watching that you know dr.
Marvin sent me a bunch of stories and one of them that I’m furious about is having to tip you must tip hi I ordered something I ordered a pizza to go and there’s an article below that one man went in and he was like well I want to put zero in what won’t let the transaction go through if you have 0% tip you have to tip sir you have to tip us something how would you feel about that you must tip there’s not you know it’s gotten out of hand that you have some kid that’s rude with his nose piercing and he’s a jerk and you know barely looks at you but you’re supposed to tip that kid something you wouldn’t give him advice but you’re supposed to give him a financial tip remember that so how do you feel about that I that infuriates me I always go whoa whoa whoa I was gonna do that in cash what are you gonna do click and then deal with that so you know target targets trying to do something new I get people that I say the name hey do you shop at Target they either love it or they hate that store I don’t shop at Target much anymore for a few reasons that you guys know about from a couple years ago but one thing that they’re doing right now for the holiday season is they’re trying to have discounted shopping and they just lowered the price of 3,000 items in the stores for the holidays food drinks and essentials they want to have the least expensive Thanksgiving on record if that will ever be possible I think the pilgrims had it pretty cheap but I get what they’re trying to do they’re trying to also have their meal which would be five bucks a person for an entire Thanksgiving meal for an entire family five dollars a person that seems good that seems reasonable so we’ll see if that works now my buddy Mike last night sent me a video from a thing called Amazon Hall and I’m like wow what’s that well Amazon Hall is basically Amazon trying to be the dollar store company where you can buy three items at a dollar apiece and have them shipped you and he’s that was just blown away starts clicking on stuff and showing me a little video and because it’s the Amazon side I can’t put that in here but I was blown away so Amazon Hall has anybody used Amazon Hall and bought those dollar items now two last things before I finish this video number one we have a brand new video sharing site new videos comm check that out I am excited because Bob’s webinar is coming up and it’s sold out this time too so for those of you that are going to be there stay tuned to the email and you’ll get to see Bob in his glory and don’t forget we have a private site called I allegedly live which is all the uncensored stuff that we can’t talk about in other places now final final story Ozempic and Mon Jaro these are weight loss drugs these were drugs guys that were designed for people with type two diabetes but again they’re from the Gila monster if this is not I’m not making this up and again I’ve had a lot of smart people tell me this I’ve had one in particular explain it in great detail how dangerous this is but these were designed for people that have high blood sugar and need to control that but what happens is you have some lazy person that doesn’t want to exercise doesn’t want to eat right doesn’t want to do the right thing so they go out and they take this stuff and again you are you’re risking your own health you really are we don’t know the answers to this but one thing that it took me was a story from the UK that 170 deaths are attributed to those things right those two different drugs right now oh 170 people died taking that stuff is it bad huh didn’t tell us that sure they did you just didn’t pay attention to it lazy eat right exercise go out in the rain it’s fun huh you want to get a hold of me it’s hello at I allegedly calm be kind to every single person you come in contact with smile you have no idea the difficulty that they’re going through right now give no clue right now but there are more and more people right now that are dead broke as we enter this holiday season and people are having a difficult time kindness counts guys kindness counts I will see you very soon you
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