➡ The article discusses various issues such as FEMA’s insufficient aid for disaster victims, job losses due to Walgreens closures, and a man’s financial ruin due to a frozen bank account. It also highlights the rising energy prices, potential gold shortage, and the increasing value of silver. The author advises readers to prepare for a possible recession by reducing debt, budgeting, and investing in metals like gold and silver. Lastly, it criticizes government waste and encourages readers to protect their assets.

Hey, it’s Dan. Welcome back. This is I alleged Lee and I’ve got a good one for you today because we have the perfect storm for a global recession and there’s so much to cover in this video so let’s get into it as I walk amongst the boats. Please hit the like button, subscribe to the channel. You want to get a hold of us it’s Hello at I alleged Lee.com. Ed Doubt is a retired financier who ran finance America technologies and finance was spelled P-H-I and Ed Doubt is the real deal because he’s called different problems in the past but what he’s calling for is a global recession.

Now if you watch this channel you watch half a dozen videos you know we are very lucky because we get you know global input from people around the world the UK South America all over the place Canada telling us what’s going on with their finances and one thing that we are seeing right now is that it’s not rosy anywhere so Ed Doubt steps forward and said listen the Trump administration is not going to go over to stop this you’re going to see big big problems when it comes to you know a recession.

Guys I think we’re in a recession right now I’ve talked for the last six months eight months a year the problem that we have is we have not been getting realistic numbers you know we just got more Joe Biden numbers that have been revised down and oh so the job numbers were they’re just disappearing employment disappearing home sales you know all this stuff that we’re supposed to believe is okay is not and what you have is you have global layoffs right now globally people cannot afford to go to restaurants right now people are spending less money it costs more money to ensure a business right now and you know you this money does not come out of thin air guys you have to be able to fund your company and pay your employ

ees and you know make a profit oh my god an evil profit but if you don’t you’re going to see so many people go out of business which is what we’ve seen time and again but this is happening all over the place so interest rates are not going to come down anytime soon the Fed steps forward and has said listen we have an issue where the cost of money is going to stay the same that means they’re not going to lower interest rates anytime soon guys now if you’re a realtor and you want to see interest rates drop to three or four percent again dream on baby because it’s not going to happen but also the house the price of a house has gone up so much exponentially that you’re seeing where people cannot afford these houses at all right now just can’t afford to buy them great study and then we’re going to wrap all this together great study about how there is 84 trillion dollars in real estate value here in the United States from baby boomers people that are older than me that are retiring and you know what I’m

not going to give this house to my idiot son and his worthless wife we’re just not going to sell the house you know we’re going to live to the end and you’re seeing more and more of that but that’s 84 trillion dollars guys well they’re just not going to donate it and you’re not going to not going to put it in the inheritance and put it in the will and in the trust not going to do it so is this a trend I think so I think it’s funny that that you know I never understood somebody’s dead money you know waiting for somebody to die who I’m gonna get you know lots of cash from that why don’t you go earn a get a job and earn your own cash and and you won’t have to worry about that if you got that lottery ticket someday wouldn’t that be great I have seen and I’ve seen it on this channel where people have written me and thought they were going to get X amount of dollars I’ve had family members that thought that they were going to inherit a bunch of money and then they get a smidge of what they were thought like 150 and they get a few hundred thousand dollars instead of tens of mil

lions of dollars it’s funny in the sense that they were just had it spent already so people are not giving away the houses like they used to and you’re just seeing people just don’t want to do it so the layoffs that you see with companies right now are exponentially getting worse right now this is not slowing down this is happening around the country meta just announced more layoffs you’ve got I mean I could do the layoff hour if you guys want to do hey these guys are not these guys are getting over to people so are these guys it’s so much right now but you have to look at it because you know when you start to do finances and you start to talk to the CFOs of companies the chief financial officers they talk about how it’s going to getting rid of employees well it’s going to cost you right now but it’s going to save you money in the long run and that is fascinating right now it really is and my buddy Mike who is just going to call him mr.

AI right now has taught me so much about this but you’re seeing everything it is incredibly expensive to get rid of the receptionist you can get rid of dealing with people you know and having an extra body around and you know McDonald’s had their Listeria outbreak they got clobbered and you know with their numbers people did not buy well you think people that’s gonna come back you think people are gonna go back to McDonald’s and spend more money at McDonald’s I don’t think so guys I really don’t think so I think you haven’t seen anything yet when it comes to this stuff so a lot of crazy things we’re seeing builders now my buddy Scott Walters has got a great channel here on YouTube just did a great expose about how builders are not completing houses and walking away take it back take the property now you live in a neighborhood a track neighborhood and half the place is done they’re just gonna you know leave and the

is final phase hurry before they sell out walk in these places guys you want to you want to kill 15 minutes and have a comedy routine you know where they sit there and tell you hey listen the interest list is crazy I know these places are 1.4 million dollars but you want to live here there is a housing track that I covered a year ago where it was across the street from the school they tore down an office building from the junior high I went to and the cheapest unit was 1.3 million dollars and people like 1.3 million dollars that’s crazy no you want upgrades you want to have granite countertops you want a sink that works you want a shower that you won’t be embarrassed when you bring some chick over you know that would cost you another 200 grand for all that stuff the point is is that the 1.5 million dollars for a house that literally is three feet away from the other unit they’re detached oh yeah but you’re gonna be able to smell what Maria’s cooking next door and hear every song that that guy plays in his radio ridiculous absolutely ridiculous so but again the builders are going out of business at a record pace there is a huge San Diego builder that did he did the units in the backyard he did the the secondary units sorry hang on a second the ADU units accessory dwelling units and the builder has five million dollars for the project incomplete right now five million dollars worth of incomplete projects now here’s the thing about contractors

that I know is that you don’t complete something nobody wants to step in and finish it permits processing I mean what did this guy do wrong if you cut corners the owes that five million dollars and projects that aren’t done what else is not done so it’s an absolute disaster and an absolute nightmare around the around the country now here’s the one thing that absolutely floored me that was sent to me and that we have builders we have governmental agencies that are not paying people right now and think about this hurricane Matthew and hurricane Florence those didn’t have the attention ones in 2018 and then hurricane Florence was in hurricane Matthews in 2016 Florence was in 2018 guys they still have houses that are not completed by them by by now it’s been you know nine years in some situations isn’t that crazy to think about so these poor people with hurricane Helene and with the fires in LA and everything else that you’ve seen go on in the news lately the

se people aren’t getting their houses built anytime soon they’re not and FEMA is delaying payments you know you know what’s sick is that FEMA can only give you about forty four thousand dollars it’s forty three thousand seven hundred dollars that they can give somebody to help rebuild their house what does that do wouldn’t wouldn’t put your garage up for forty four grand so regardless of wherever you live so that’s an absolute huge issue with that so more and more of this Walgreens here in Southern California just got this sent to me three more Walgreens are going out of business and closing you’ve got it’s wild because how many people work at a green store I don’t know 10 12 about 31 93 people are gonna lose their jobs between these three locations guys that’s horrible 93 people losing their jobs orange placenta and Stanton all in Orange County so nice areas Stanton’s a dump but you know you guys can argue that with me a man had a JP Morgan bank account and he got a sixty five thousand dollar government check put it in his bank a

ccount and they said this is suspicious because it’s suspicious we’re gonna freeze the account so they froze the account took him almost a year to get resolved but went bankrupt and like all small business owners oh my gosh when we get that check we’re gonna spend it X Y & Z and the money spent so you’re you know planning on it you’re planning is that it’s gone already but this poor guy lost everything and Chase Bank finally said okay we saw what happened you know to Shawn May was his name and the poor guy I mean I’ve just I feel for him the stories are always below guys in the video description but I’m telling you guys when you get a check make a copy of the check posit it if you think it’s something different about your account the check is larger it’s a government check things you don’t get have a relationship with the bank manager and walk in there and say hello just don’t put it in the ATM and oh my gosh they don’t have that money that’s

the kiss of death guys that is the absolute kiss of kiss of death so to go black back to the global recession when you think about all the problems you know and you go to all of the businesses that are suffering and municipalities are suffering you have so many cities and countries that are hurting right now that they’re raising energy prices through the roof right now and this is something that is not goin

g to go down anytime soon it’s not a global warning thing it’s because of the fact that it’s like on the first of the month you see more cops out you know requesting you know getting riding people up for tickets and things like that for the cities because they’re hurting for money now they’re talking about a global shortage for gold right now guys this is gonna make gold go through the flip and rough it’s funny it’s today’s not a day for a gold sponsor but you’re gonna see the price of gold absolutely skyrocket right now with talk like this and this is from CBS News read the story below now the next thing is with all the demand for everything that’s going on right now the industrial use of silver silver is gonna go up exponentially you guys want to get yourself you know into a metal that’s inexpensive still that could go up you know to a hundred dollars an ounce get yourself some silver if you want to hold it in your hand go buy it hold it in your hand you know Patriot gold sells silver too and I’ll leave their link below to and they’re not sponsoring this video but you want to deal with somebody reputable and good you’re going to pay a premium when you buy metals right now and two weeks ago we were seeing how people were so desperate to sell the gold and they did and now you’re seeing the fact that gold is going through the flip and rough again so it’s crazy guys you know a lot happening but I

am one of the people that have warned people and just told them to prepare get yourself out of debt you know you have to look at cutting costs and everything you do for yourself and you know I get people the right and you say damn it’s just me and you need to budget you didn’t know what things are gonna cost you you need to save you need to have an emergency fund you need to have money set aside you need multiple bank accounts you need to be able to deal with it what if you could not get to a bank for a week closed no access no internet or if you had cash you’d be able to have food if you had multiple credit cards or debit cards from different locations most likely one of them would work but protect yourself guys you know stack and private don’t tell people I got a bunch of gold in my third drawer down on the left-hand side okay keep it to yourself telling you guys you’re gonna see a lot of problems coming out and a lot of goods coming out with all this stuff I love the dough stuff that’s coming out because what you’re finding out guys you

know I think of my mother my mother passed away it’s been at Christmas this year it’ll be seven years but she lived on Social Security had a very tight budget and life but she had three successful sons that made it so she went without nothing I mean she wanted to want a trip she got to live her best life but she lived very tight and loved her Dodgers and love you know just her place that she lived with her community and all her friends it is wild to think about people like that that make a couple grand a month and then you hear doge is doing crazy stuff where they found Social Security recipients that are technically 150 years old collecting money and and then the Social Security numbers change huh how is that possible how does the account change oh somebody’s getting that money guys somebody’s getting the money but but it’s bad to ask that this is crazy guys it’s absolutely crazy so you know the government waste is a crime as far as concern because we have people that are suffering that have given to us police officers firemen people in the military veterans that went

to war and saw action and saw horrific things and these people get nothing okay and inserts where we’re here okay it’s ridiculous that we have to live like this and these people have to go without and these people are fleecing things and if you saw this stuff you know we’re gonna cover this later on because it’s just too much of it too many people write me about it but it is crazy and we have a private channel called I allegedly live you sign up at I allegedly dot TV and that is for the stuff that we can’t talk about it’s uncensored and we can talk about politics we can talk about crazy stuff and you know I love doing that because it really you know puts things into perspective and again hit the like button subscribe to the channel email me hello at I allegedly calm do you think we’re heading into a recession I think we’re in one guys I think that this is live you know it’s funny there’s a boat up here that was 105 grand two months ago I showed you guys the boat guess what how much is boat now still 105 grand nobody’s bought it so dynamite location guys but 105 grand for a bow honey do we really want to spend that money right now no you don’t you don’t want to piss away you know think about then you get some mooc walking around this is a public dock guys it’s great to get to walk out here do it like once a month for you guys it’s really nice so supposed to get a bunch of rain let me know what you guys think and here it is 105 grand you get it that’s all yours it’s a beautiful little boat Wow anyways like subscribe let me know what you’re thinking hello what I allegedly calm at the email address and I’m working up where guys I’ll see you very soon
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