Hey, it’s Dan. Welcome back. You’re watching iAllegedly. And I’ve got a good one for you today because consumer panic is hitting the rich and the poor. It’s hitting everybody all at once. Please like the video, please subscribe to the channel, and let’s get right into it. You know, think about this. Everybody wants to see immediate results with this new administration. Which, you know, I understand. I really, really do. But what is crystal clear right now is that people are having a very difficult time and it makes no difference what their income levels are. And I’m going to give you a few examples.

You know, you have to look at the numbers. You have to look at what’s coming out of the corporations that specialize in this. And we’ll start with Walmart. Doug McMillan, the CEO of Walmart, he was at a conference in Chicago, you know, a value conference, talking about how, hey, the average consumer is cutting back. The average consumer is buying less. Now, you can sit there and say, no, duh, yeah, we all know that. No, no, no. What they’re doing is they’re shopping differently. And, you know, Walmart tracks everything. Walmart tracks, you know, how you purchase things, when you purchase things.

It’s all computerized in the store now. But what they’re seeing is something as simple as this. And that is that people, yes, they’re buying cheaper items, but instead of buying the pack of six or buying the pack of two, just to get themselves through the month, they’re running out of money by the end of the month. And this is a huge problem because people are just having a difficult time right now. Money doesn’t go as far as it did. I was in a grocery store yesterday at Albertsons. There were the ones that were going to merge with Kroger.

And I like going to this one particular, whenever I’m in the area filming, I’m like, oh, I’m going over there because they have a good butcher. They’ve got people that know meat. And they never, if they’re deli counter, they slice the meat and all that stuff. And I was sitting there shocked at how expensive everything was. And I told the guy slicing the meat, you know, half pound this, half pound of that. I don’t buy like a full pound. And I used, you know, the roast beef and stuff for treats for roasting. But I was just blown away that everything is literally in the last two years is doubled in price as far as that stuff is concerned.

And I asked my people buying this. He says, no, just they’re not buying it. Their shipments are smaller to the stores because people are buying less sliced deli meats. So everybody’s doing this. Now, on the other end of the scale, when you go to the high end brands, you’ve got all these people not planning vacations. You’ve got different cruise companies, different all inclusive vacations that are giving incentives and giving deals. I’m telling you guys, you want to do anything right now. You need to look for a deal. You want to buy something, motorcycle, boat. It’s springtime.

We’re going to go on vacation this summer. Look for a deal. Ask for a deal. If you go online and oh, we always like to stay at this one hotel and you don’t try to look for a deal for that. You’re just doing yourself a disservice. But the problem with this is that it doesn’t matter how rich people are. They’re not spending the money. They’re not buying the high end cars. They’re buying less items. Dollar General just announced their numbers and they’re off. And they’re off a ton because they’re seeing that people are buying less from a Dollar General store.

So guys, it’s all economic. It’s very, very simple. And, you know, egg prices are coming down because they’re importing eggs and bringing them in from out of the country. And here’s the thing. You can sit there all never eat eggs from outside the country. You won’t know because they’re going to be inside your pancake mix and things like that that you’ll have no clue about. But what we’re seeing is we’re seeing just a big, big change. When you have these companies like Walmart, Dollar General, and everybody that is cutting back, that’s where, you know, it’s very apparent.

But use these stats and understand that it’s not just your household that is experiencing these problems. It’s everybody right now, rich or poor. But a few things to go through is that when you look at convenience store items, and this is this is this blew me away. You know, cigarettes are not selling. We shouldn’t smoke. OK, we all know that. OK, but how about bags of Doritos? Unless you’re Kama, nobody’s buying Doritos right now. Sales are off a ton for convenience store chips and crap and snacks and beef jerky and and slim gems and things like that.

So that’s what you’re seeing over and over again. And you know, you can argue with this and say, oh, it’s just a certain sector of the economy. No, no, no, no, no, no. It’s absolutely everybody right now is having this difficult time. And this is to your advantage. Nobody wants to hear this, but this is to your advantage. You spent 25 years eating and not exercising and you gained 30 pounds. And you know what? You’re going to go on a diet. And why can’t you lose the weight in a week? Now, you can kill yourself and take those epic and all that other GPL, GLP stuff that’s toxic.

I had a bio scientist explain to me what’s in that crowd. You guys are you guys are killing yourself taking that stuff. So as a guy who’s on a diet right now and running and exercising an hour a day and everything I have to do outside of filming, you know, you’ve got to take better care of yourself. But it’s like doing a detox, guys. And I’ve never done narcotics, so I don’t know anything about that. But if you ever got off a caffeine, I’m not going to do caffeine. No, me, I love caffeine. That’s nectar of the gods.

Coffee, coffee is great. But people that have had to quit things like that, you know, put sugar that ate that excessively, headaches, they get problems, but it just doesn’t curb itself overnight. You’ve got to take time. This economy is going to take time. This is a turnaround. When I get consulted by clients and they, hey, listen, we’ve got a sales problem. We need to come in with help with our marketing. There are things that you can do immediately, like fire people and make immediate changes and stop wasting money. There’s things that you can do to stop things.

But does that bring sales in immediately? No. You have to do things that turn things around that take time. And if you have a plan, it will turn itself around and you’ll be able to achieve more money and make more money in the company. This is no different with this country right now. People don’t want to hear this right now. You have to have an emergency fund. You have to have food and stuff set aside. If you see a deal on something, get it right now. You have the extra cash. Buy it. If you know you’re going to use it, buy it.

I get a kick out of the extreme coupon shows where people go out and say, we have 300 pounds of sugar and I’ve got toilet paper for nine years. No, I’m not talking about that, guys. I’m just talking about things you know you’re going to use, things your kids eat, things you’re going to eat, your grandkids, whatever, do that. But look at all this stuff. Like prices I said are dropping, that’s good news. The Dollar General thing is a big deal. With people skimping on cigarettes, this is very telling, guys. People are putting everything off right now.

Everything off. Don’t put off maintenance of your car. Don’t put off maintenance of your health, your dentist, things like that. Is it expensive? Absolutely. Is it getting more expensive? Absolutely. You have to look at the airlines also. The airlines know that people are spending less. Southwest Airlines just announced that they’re going to start charging for bags. There’s a great article attached in the video description below talking about how Delta and American see bookings down right now, a ton. And what does any business do that has automated online ordering? Well, how can we squeeze more money out of people? And that’s what they do.

Look for deals. Talk to people. I’m telling you, the travel agents of old that are going to come back and give people, hey, I’ve got $99 flights. I’ve got this. I’ve got a weekend package where you can fly here and stay here for three days. And it’ll be $399 without having to listen to a nightmare timeshare nonsense. Without that, yeah, those are deals that you want. But look at, I’m telling you guys, look at what you’re seeing with everything right now. Louis Vuitton, Gucci, Rolex, all these different places where people are not spending the money. The Rolex watch market and the high end watch market have absolutely tanked over the course of the last 18 months.

So they can talk about scarcity and how the product’s not available. And they can light everybody and do that shenanigans. Great. But try to unload your stuff like that. Just can’t. You know, gold and silver are on an all time high right now. Silver’s getting there. But gold’s at an all time high right now. And you know, everything should be hunky dory and rosy. No, it’s not. But like I talked about before with the detox, this country’s going through a detox. You had just irresponsibility gone wild. You know, girls gone wild spending edition, OK, where they just shop.

That’s what the Biden administration was for the last four years. And I get people furious with me writing stuff. This guy’s an idiot. What happened before was great. You’re kidding yourself, guys. It was just reckless abandon of any financial responsibility. And people don’t get that. People don’t want to hear about that. And the thing that you’re seeing is you’re seeing very, very wealthy people that have clients that are not paying them. And I have friends in business. One thing I’m going to tell you that I tell them, don’t let anybody owe you any money. And I had a really good friend of mine who the last two years his wife called me today to say, we’re so proud of the fact that nobody owes us a dime.

And they just got this huge project for their business. And they can afford it because they’re the way that their cash flow is right now. And everybody’s paying them without borrowing one dollar. So that’s the way to do it, guys, right now. But you are not alone. You’re not feeling the pinch. Well, my clients work. You know, my my husband’s working less. He’s the plumber. The electrician’s working less. Everybody’s working less. You’re starting to see used cars. Absolutely tank. I’ve got a couple of cars to sell right now. And I have a buddy of mine who’s really good at this.

It buys cars and fixes them up and resells them and stuff like that. And he’s, oh, I’ll help you sell those. I’ll take care of that for you. Park it at my house and we’ll unload those things right away. And the science of this is that stuff that sold for, let’s just say it’s a $15,000 used car. You’re lucky if you’re going to get paying now for it right now. Oh, that’s just the market. That’s where you live and whatever. Zillennials. People that were born after 1991. Gen Z. Zillennials. I hate that. I hate these terms.

These zillennials right now are all value shopping. They are not spending money, but they don’t have to. And everybody should live this way. But you have to understand. This is going to get fixed. I believe this country is in for the biggest boom ever. But what you’re going to see is you’re going to see some pain right now. In every sector. In every sector. I was in this neighborhood looking at a house that is crazy. Too expensive. And I’m like, where is this going to go two years from now? Are you going to see this stuff drop $500,000? $300,000? Who knows? Who knows? But everybody’s hurting.

Look at all the articles below that add it all up. I pulled over to make this video just for you guys today, just because I was like, wow. It’s everybody. Everybody’s expecting it. But people want the immediate gratification. People don’t want to deal with the weight loss process. You want to get your looks in order? Hey, do a makeover. Well, it takes time, guys. Your beauty makeover, your physical makeover, your health makeover. Talking to people that are chronically ill, that have done things to themselves, smoking or just eating wrong, eating improperly, that are finally fixing themselves, it is a process to get yourself better.

It’s going to be a process for this country to get better. There’s a lot of people out there that are like, oh, okay, that makes a little sense. But there’s people that are like, no, no, no. We hate this guy. And which is fine. You can do whatever you want. I don’t care about that. But what I’m telling you from an economic, from a financial education standpoint, financially educate yourself and be aware that everybody’s having a difficult time. It’s not just your family. Everybody’s making less money. The buying power, when I was at that frickin’ deli in that store, I bought the same things I bought before.

It was double in price from two years ago. Crazy, okay? Yeah, but inflation’s only at 3.2% nonsense, okay? So let me know what you think about this. Hit the like button. Subscribe to the channel. And everybody’s having a difficult time, everyone, right now. There are some people that are going to weather this storm a lot easier than others. I agree, and I understand that. I’ll see you soon. MUSIC
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