➡ Stellantis, the owner of Dodge Ram, is facing a significant drop in sales and a record high inventory. To address this, they plan to sell off as much of their inventory as possible at discounted rates. This situation could lead to the company’s bankruptcy. Additionally, the Biden administration has made a move to prevent medical bills from being added to credit reports, which is a significant change for individuals dealing with medical debt.
➡ Patriot Gold Group is a highly-rated company that can help you invest in precious metals. However, businesses are struggling with rising costs, such as the new minimum wage in Seattle and California, and increasing energy prices in the UK. Some businesses, like My Pillow, are facing lawsuits, while others, like Skyloft and Bodega in Southern California, have closed down. Meanwhile, Don King is being sued for $3 billion over a boxing match that never happened.

Hey it’s Dan welcome back you’re watching I allegedly and I’ve got a good one for you today. What would happen if a major car company decided just to liquidate everything because they were in such dire straits? What would happen? Well we’re gonna discuss that. Hit the like button, subscribe to the channel, we have a sponsor today Patriot Gold and let’s get right into it. Stellantis which owns Dodge Ram and the Stellantis models they are having a huge problem. They had a shakeup late last year CEO steps down but they had an absolute problem with sales that crashed they say as much as 24%.

Hello how does a car company have sales that are off over 20% and they’re still in business? The amount of inventory that Stellantis has is at an all-time record high. Now what do you do? How do you solve that? Well here’s what you do you blow it out and my buddy TK from TK’s garage did a great video on this and what they’re going to do is they’re going to liquidate as much as as much of the inventory as they can at a discounted rate as high as 60%. So one thing that he’s telling people if you have your Ram truck, Dodge truck you want to get rid of get rid of it now.

Okay unload it now because the problem with it is that if they do this massive sales reduction just to bring cash in prior to the bankruptcy it’s over Johnny the company is finished and we’ve had problems you know guys that are old enough to remember Lee Iacocca and you know when Chrysler filed bankruptcy and we’re going to go out of business you know that was an American success story Lee Iacocca was sleeping one night and running the company as a CEO and said why don’t I go to the government see if I can borrow the money from them and he did it and not only did he do it remember the K car and the J car there’s horrible names but those those cars sold like hotcakes he sold to corporate America like hotcakes and those people that bought those cars very happy but Lee Iacocca paid the government back early you know then they then they thought years earlier than they thought they were going to pay it back so we’ll still ant to stew it no nobody can afford an $80,000 truck hundred thousand dollar truck this is the problem with this and you know it’s going to be interesting guys because you’re going to see a bank go out of business going to happen interest rates rise in the bond market is going to destroy real estate the problem with banks lending people money is that you’re not going to have 0% mortgages zero percent auto loans you’re not going to have loans that are going to be absolutely free like they have been in the past we’ve talked about the subprime auto market and the fact that the average auto loan is at 10% right now which is huge guys because I’m telling you you can spread out payments on as you want but where dealerships are making money generally where they’ve made money in the last five years is from the service department you know people are not doing right now not servicing their vehicles you know I’m not going back you know it’s funny there’s a lot of channels that show really high-end cars cars that make you look rich and the thing about this is you can buy these cars that make you look rich and the thing about that is and buy them for twenty thousand thirty thousand dollars but you know like my buddy said yeah if I want to get an oil change in my car it’s about 800 bucks get an oil change in my car and that was low end you buy some of these Porsches some of these Mercedes BMWs Bantley’s you’re going to spend twenty five hundred bucks to change the oil on those cars so Stellantis they’ve got an inventory problem they’ve got a business problem they owe people money they are not paying their bills on time right now they’ve got problems with the unions and what’s the best thing to do blow it all out guys get rid of it unload it today hide is very high today see this so let me know what you think guys because you haven’t seen anything yet guys it’s only going to get more and more interesting as we move forward next thing is the Biden administration did something that was very good and that is have you ever had any medical debt that you agreed with or didn’t agree with well the Biden administration made it so that they cannot put medical bills on your credit report anymore which is huge guys I mean dealing with my late girlfriend in her state and dealing with her bills and everything I mean there’s some real nonsense in there it really was and the years that she had dealing with this I always tell people you have to be you know you have to be aware of what your credit you know what’s on your credit report you have to be aware of everything that they’re billing you everything they’re saying are you covered are you not covered in this ask questions before you go in if you have a procedure and you’re not laying in an ambulance you can ask questions guys who’s gonna pay for this oh you’re responsible for X we would know that we’d write it down dr.

so-and-so 10 38 in the morning this is what she said now we would do that and sure enough it made it so that there were many times you’d get a bill no here’s the bill for $18,640 no this is what you told oh yeah okay how many people don’t do that well the problem with it is that they throw this stuff on your credit report now one thing that happened to me was I had a surgery about years ago and they I was in the emergency room and I just told the story to somebody else this morning and that I walked in the emergency room thinking I was having a heart attack and it was not a heart attack or something else and they did the surgery and then they moved and they said well we have to do another procedure on you and they put me in a hospital room well you didn’t you were out of network during that time no no I’m not the hospital you told me to go to I’m not my hospital yeah but you were out of network and on my insurance card I had another doctor listed I said oh who the hell’s that guy I didn’t even know what that word meant because it didn’t make sense and they were trying to tell me that I had to pay this you know huge fee and I have insurance bill the insurance company so I went to the hospital dealt with that and the worst part was when I was talking to the doctor’s office she’s like you’re gonna you’re gonna pay this today you’re gonna work at a payment program I’m gonna destroy your credit and for those of you that know me my friends laugh when they hear this story say oh she didn’t say that listen go ahead and do it okay because I’m never gonna pay you and I never paid that woman and guess who paid the bill the insurance company eventually about 90 days later and they put it on my credit report and my attorney was gonna sue her for all the stuff that she said and for threatening me but now that wouldn’t even be in your credit report so they would have had a much more difficult time so you end up to bullies and fight the good fight okay but I think this is a good thing I don’t think the new administration is going to get rid of this because people like this and you everybody needs to have insurance you need to have auto insurance to drive a car in the state that I am walking in you need to have health insurance you can have homeowners and renters policy too because I’m telling you those poor people from those fires that don’t have renters policies most people can’t get most people can’t rent places without a renters policy right now so and oh man gonna see a lot of stuff fall out there’s going to be more fallout from this but it is crazy I’ve looked at houses in the hills in the last three months and I’m so glad I don’t live in a hill right now it’s all I got to say so let me know what you think about all this and there’s more to cover let’s talk about our sponsor Patriot Gold Group are you concerned about the instability of the stock market I am one thing that I’ve done is I’ve got myself into precious metals to protect my family if anything 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of 2025 one thing that I learned as a young man is you have your company you have your product that you sell your customers that are in revenue and you got to make sure you paid you know how you get paid you know credit cards cost money you know bounce checks or a problem you know the normal things right now there are five businesses in the Seattle area that said that they’re gonna go out of business because the new minimum wage there in Seattle is twenty dollars and seventy six cents an hour how much for a muffin nice seriously there is a restaurant called Bellgado that says listen we cannot afford to pay these people this much money based on what we’re doing now now what the city says but they’re not gonna go out of business they are the California restaurant Association is getting together saying listen we gotta do something because the minimum wage is supposed to go up another three and a half percent it’s like it’s twenty dollars and like fifty six cents here in California it’s nuts guys it’s crazy you can’t have McDonald’s meals cost you this much money you know where it’s where it’s twenty dollars to go eat there I went to Del Taco on the way home and stopped in Barstow California and bought Rosie a plain hamburger and me a burrito and a drink you know what I spent I spent twenty dollars on that and I’m like that is insane okay now before you give me hell for being the dog a hamburger a plain hamburger she drove for a while anyways too much guys too much you can’t squeeze money out of people like this and expect them to stay in business because they’re just gonna raise their taxes to raise the business license fee raise the water bill raise the electric bill we saw this in the UK two years ago where they charged so much for energy that you had pubs that open a hundred years that went out of business and people are like what are you gonna do and you had a pub that one month I’m talking pounds now paid 1,800 pounds for their electricity and then two months later it was 8,800 pounds and they’re like good god we don’t make that money you know so it was ridiculous this is what’s happening and you’re gonna see this more and more and more Mike Lindell who runs the my pillow company got sued by DHL the courier now one thing that Mike did was in 2023 they had a lawsuit back-and-forth hey it was for shipping and he worked out a deal to where he owed them 775 grand in shipping for product that had already been shipped that customers already got stuff whether it was inventory to manufacture whatever it was it was stuff that was already shipped he agreed to pay them 24 monthly equal payments and didn’t pay them and again is that guy getting a lot of business who knows who knows but the point is is that they just went back to court in the last week and got another judgment against the guy for seven hundred thousand dollars attorneys fees all this stuff you can read the story below it gets to a point that you can’t make money doing this you know you’re starting to see businesses in New York City say hey we’ll help you with the congestion tax come to our store we’ll give you a nine dollar coupon so it’s like getting here for free now will that motivate you some of these are high-end stores women spend a lot of money at these stores who knows if that will work okay but it gets to a point that people are fed up and people are fed up with being squeezed people are fed up with being taxed to oblivion and beyond let me know what you think don’t forget guys Bob Kudla has decided to do a trading class for stocks and it’s going to cover beginning intermediate and advanced training go to Bob’s trading class calm to sign up you’ve got just two days left until he raises the price on it to where it’s supposed to really be so check it out today Bob’s trading glass calm use the link below and sign up today you don’t want to miss this it’s on January 15th after the market closes at 130 Pacific check it out today I’m gonna end this video on these last couple stories there are a couple restaurants here in Southern California and Laguna Beach that are were famous in the sense that a lot of people went there Skyloft and Bodega just closed their doors overnight this week nobody knows story below on this but these were kind of cool places down there that Skyloft was nice taking a lot of dates there and it’s you know you get lots of drinks but they have a bar up on top Skyloft you know and you go up there and sit up on the roof that heaters it was just really really romantic and nice and the you know I’m charming too so it was nice but it’s sad to hear this place got a business but there’s no explanation and their social media presence is has been shut down now final final story is remember Don King the promoter for George Foreman Muhammad Ali thrilling Manila remember that fight in the 70s anyways Don King has been sued lately because they wanted to have a 50th anniversary for the thriller in Manila too you know they you know they would know the rumble in the jungle I’m sorry jungle too and a guy named Cecil Lewis is suing Don King for three billion dollars because he said he was gonna help him set this fight up that never took place so I had no Don King had passed away a long time ago so I was sorry to hear that but you know getting sued for three billion bucks will do it so Don King says he never sanctioned the fight never wanted to have anything to do with it who would you want to see box right now seriously I can’t think of anybody who would who you’d want to see travel to Africa that we would sit there and have a pay-per-view event and remember this was you know George Foreman was favored in that fight when you read the story below it’s really good because George Foreman was heavily favored Muhammad Ali ended up knocking him out George Foreman went on to become a very successful guy I knew the person that was one of the attorneys that worked on the George Foreman grill that guy made millions and millions of dollars from that thing and it was basically something that was you know open it up drop a hamburger and you can cook with the George Foreman grill so anyways ridiculous hit the like button subscribe to the channel email me hello at dialectually.com and I’ll see you real soon
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