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Summary
Transcript
Hey, it’s Dan. Welcome back to IAllegedly. And I’ve got a good one for you today because the bills are winning and we’re all losing. And truly, this is the moment that everything is going to break. And it’s all going to get real very, very fast for a lot of people that are not expecting this. So, please, a lot to cover in this video. A lot of business news. A lot of things that affect each and every one of us. Please hit the like button, subscribe. Don’t forget, this is going to be one of your last chances to sign up for the Christmas card list and everybody gets a Christmas card and then we’re giving away a bunch of prizes from people that we select from the people that signed up and this is going to be one of your last chances.
Use the QR code right here or use the link below in the video description. But let’s get right into it. There’s so much happening right now in the economy and you’re seeing layoffs take off at a record pace. You’re seeing the fact that people have to accept the fact that AI is going to be in so many of our lives and it’s going to either revolutionize your industry or it’s going to strip it and take it away and you will not be able to do what you do. Now, here’s the thing. I think that AI is going to be a great thing.
I have a friend who has a couple of AI businesses and it’s amazing what they can do, what his private engines can do. Let’s just put it that way. As soon as he tells me that I can announce these to you, I will do that because they’re just amazing, amazing things that he came up with on his own and it has nothing to do with anybody else, any other company, anything. They’re all his. So what we’re seeing right now is we’re seeing people just get priced out of the market. I, you know, this morning got up and went downtown Huntington Beach and saw friends and had breakfast and was blown away at the prices for everything.
I don’t know how people can do this. I don’t know how somebody can go out and have a $25 breakfast right now and not have that dramatically affect your pocket book. And you couldn’t do it, you know, three, four days a week. You just can’t. Nobody could afford that. And you’re starting to see the fact that layoffs are happening at the absolute worst time right now. During the holiday season, you’re going to see between now and Christmas, many companies get rid of people. But I found a great article talking about how just like around COVID, there was a shift with jobs.
And when I was in the medical space, one thing that I saw a great deal of is you had children being bosses for adults. In other words, you had some guy 25 years old, right out of college who went to management school and is running these 60 year old men and women and their sales force. And they said, why would we keep these old fossils around to make $150,000 a year when we can hire, you know, three people, you know, and pay half the amount of money? It’s crazy. So they tried that and it didn’t work.
A lot of older people got sick of working under those conditions. And you had a tremendous amount of people that retired during COVID. And we covered that extensively four years ago was crazy. Really, it was nuts. But what people realized was they had $50,000 in savings and it didn’t go very far. I’ll figure something out. Yeah, you have to go get a job because you don’t have enough money. What you’re seeing is the highest percentage ever of people in their 40s going back to school to get an education. The average, you know, yearly college education right now is 30 grand for these people to go back.
So what’s it going to do? What’s the difference? What’s it going to what’s it going to do for your life? Is it going to really make it so that you’re going to be able to eat better, live better, have a better job? Who knows? Who knows? I just don’t think that you’ve seen the extent of this right now. You know, we’ve had all these different industries that shouldn’t be suffering right now that are suffering. Las Vegas, Las Vegas casinos are down a tremendous amount. But what did they do at first? They doubled down and charged people more money.
They charged for, you know, resort fees and parking fees and, you know, oh, you want to valet park your car? It’s $65 to valet park your car. Insanity. Now they did an about face and they’re trying to see what can we do to bring people back with cheap meals and things like that. And so far it’s just not working yet because people don’t have the extra money. The next thing is concerts. Concerts, concert venues are shocked right now that people cannot afford these concerts. Well, when we talked about those FIFA tickets for soccer yesterday, that is sick, guys, that they’re charging, you know, for the crappiest seats inside of an arena, $2,000 for those seats.
They’re charging. You want to sit somewhere where you can see things? It’s going to run you $4,500. A ticket, a ticket. Again, who’s playing? I don’t know. You know what I’m saying? None of us know yet. Now you can say, oh, it’s a first round pick, Dan, you’re going to see the United States play, you know, Zimbabwe, whatever. But still, it’s crazy. Concert venues and you’re starting to see certain concerts that are going unsold. Beyonce had this problem and 50 Cent, the rapper, singer, philanthropist, businessman, he started making fun of her about how high up they had all these concert tickets going sold.
But once again, what’s it worth to go see, you know, Duran Duran’s coming back in January, doing Vegas to start. They’re coming to Southern California. They’re going to Arizona, Seattle, all these different places. What would you pay to see an 80s band like that? Simon Le Bon, sounds good, but he looks like he ate Simon Le Bon. He looks like he’s, you know, from Casey and the Sunshine Band. It looks like that badass right now. But still, you know, he’s got his wife’s Juicy Couture money, so he doesn’t have to worry about much.
Anyways, there’s a little bit of trivia for you. His wife, Simon Le Bon’s wife, is the one that invented Juicy Couture, the clothing line. So Anheuser-Busch just announced that they are selling one of their breweries and closing down two other ones because people are not purchasing enough brew from them. Isn’t that wild? Now, they’ve had their own problems and, you know, two years ago, they did themselves in and still have not recovered. But is it really that bad? Are people not buying beer right now? That’s crazy to think about that. You know, like one thing I talked about earlier, the experts say it’s not a question of how AI is going to affect us, how much, and what it’s going to do.
And are you going to be educated enough to know about that? Everybody should look at that, and everybody should make it a point to go out and get more knowledge. Right now, what would you do if you have a pension, and your pension was cut 10% or 20%? I have a friend who’s got a pension. He said it would kill them because they spend every single dollar of his pension every month. They say 60% of America would die without their social security. So again, they have never said that they’re getting rid of social security.
But again, these 1% and 2%, you know, COLA, cost of living adjustment, numbers are ridiculous. They’re just not that much, guys. And inflation is through the roof. I don’t believe the inflation numbers. I really don’t. But, you know, it’s just continuing on and on and on and on. A few things that happened this year that I’ve talked to you guys about is retail concepts. If you can piggyback on somebody else, and you can use their existing presence to advertise off of and then pay them a commission, it is a great way to market your business.
There were five different programs this year that most people don’t even realize they happened. And through the retail magazine, you know, Warby Parker, the eyeglass company, they were set up in targets. Who knew? I never saw that. But, you know, was it successful? They offered eye exams. Urban Outfitters had a Gen Z style focus where they were going to offer on rotation and featuring lounge style displays. And they were going to offer merchandise in a different way, month after month after month. No one noticed that. No one noticed that. IKEA had temporary stores at Best Buy, the electronic store.
Again, never saw that. Never saw it at all. So, did you? Bath and Body Works, Gingham, a new store tailored for Gen Z. Which, again, never saw it. Never saw it. And David’s Bridal and Pearl’s a tech driven elevated bridal concept. I, you know, unless you have someone that’s getting married, you’re not stepping into a David’s Bridal. My goddaughter did something very cool where when she got married in the last week, it got down to three dresses and then she did not let her mom see her final choice until the day of the wedding, which I thought was very, very cool.
So, again, do what you got to do. These concepts, they’re not working. One of them that just filed bankruptcy was Alta, U-L-T-A, the company that does the makeup. They’re saying, oh, more women are going online to buy their makeup. Maybe they are, but I’ve never met a woman. Never. Not met one that takes good care of herself that doesn’t want to go to these stores to see the product, see how it feels on their skin. You buy it, you try it. Oh, crap. It’s too dark. Gotta send it back. That’s a headache where you could have tried the sample and inside the store and that could have answered it.
So, let me know what you think about that. A few other things. Don’t forget to sign up for the Christmas card. Don’t forget we have a private channel, I Allegedly Live, which is all on stranded, thousands of people stranded in New Zealand and Australia right now because of bad weather. Virgin, Qantas, Virgin Australia, all these different airlines had that happen. So, I thought it was interesting. A few things to finish this video that were sick. The California EDD. This is the way money like you wouldn’t believe. Think about this. They found in a warehouse, wasn’t used, $6.2 million worth of cell phones that were signed up for active cell phones not being used, just stuck in a warehouse.
And again, your tax dollars work. EDD handles things like your unemployment and things like that. That is terrible though, guys. What an absolute government waste. Long Island had a postal worker who has a spot in hell. And let me get his name right. And Jivani Lewis was caught red handed stealing gift cards out of people’s mail. Isn’t that terrible? Come on, man. I mean, you know, here’s the thing. You guys have got to understand something. Hey, Dan, why are you not giving away the Christmas stuff during December? Well, because I have seen everything.
I’ve seen things lost. I’ve seen gold and silver taken out of boxes. And oh, they just didn’t get it. I’ve seen the people that are getting it lie to me about not getting it. And then we have proof that they got it. Oh, oh, I guess we did find it. I’ve seen people that have, and I’m just going to use the name John Smith. I’ve had people that have had matching names right back and say, hey, I’m a winner. Send this to me. Here’s my address. And they’re not, you know what I mean? They’re not one of the winners, but they go through the email and say, oh, Dan gave John Smith something.
So we do this in January for this reason because of Jivani Lewis. That’s scumbag. Stealing from people during the holidays. Merry Christmas. So you think you’ve got it bad? Think about this one. This is the worst one ever. Did you know that when Apple computer was started, it wasn’t just Steve Jobs and Wozniak. There was a third guy. And the third guy was named Ronald Wayne. And Ronald Wayne was a bit older than those two guys. And he was 41. He got 10% of the company. 45% went to Jobs. 45% went to Wozniak.
And 10% went to this guy. Three weeks later, after he got his stock deal and offer, he sold it for $800. $800. So I don’t care how bad you feel. Oh, I made such a big mistake. I had a doctor say, oh my gosh, I had Intel and I made a $3,000 profit. I would have made $250,000, Dan, if I was sold it. Yeah. This guy, if you would have kept his Apple stock, today it would be worth $400 billion. So where’s Ronald Wayne now? Probably living under an overpass someplace. That’s what I think.
So let me know what you think about all this stuff. Hit the like button. Subscribe to the channel. If you want to get a hold of me, it’s hello at iallegedly.com. Share your thoughts, guys. We’re seeing gold and silver go through the roof. That’s going to continue to happen. And you need to protect yourself when you do this and be smart when you purchase it. Go to good people only. No shenanigans. Make good choices. Share your thoughts. Let me know what you’re thinking about all this stuff. There’s so much more happening right now in the economy.
And every day there’s going to be something new. Oh, let me finish this with something I should have started it with, IRIS. You know, one thing that we’ve talked a lot about is the unclaimedfunds.org. We have a new all-time record now. IRIS sent me a letter thanking me and blessing me from God saying, I cannot believe that I have not watched your videos in a while and recently watched it and you mentioned the unclaimed funds in my state and I searched it and she had over $11,000. And I just got my check, Dan.
So make sure you guys go to unclaimed.org and check it out. Do not pay people to do this for you. Do it yourself. Do it yourself. Let me say it again. Do it yourself. But again, unclaimed.org, IRIS. Merry Christmas, Dan. Thank you so much. You changed my family’s life with $11,000 that they were holding for her. I don’t know what it was from. I just know that she got to get that. So let’s all wish IRIS well. Okay. Merry Christmas, guys. See you very soon. [tr:trw].
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