➡ The text discusses various issues including unexpected real estate costs, the importance of having a will, the rise in unemployment, and the increase in auto insurance costs. It also mentions the increase in gas prices in California due to climate change measures. The author emphasizes the need for financial planning and awareness of potential costs in various aspects of life.

➡ The speaker encourages people to manage their finances wisely by getting out of debt and selling unnecessary items. They mention that due to falling prices, it’s a great time to buy if you can negotiate well. They also hint at a big announcement coming soon on their channel and ask for subscribers and likes. Lastly, they remind viewers to check their spam filters for their latest email.

Hey, it’s Dan. Welcome back to I Allegedly. And I’ve got a good one for you today because what the pizza economy is telling us is what we’re gonna talk about today. And there’s so much to this right now. Hit the like button, subscribe to the channel. Don’t forget to check your spam filter because we just had an email go out. I am in Laguna Beach right now, guys, and this is always one of those phenomenons that happens. And the tide brings in all the seaweed and the total beach is just covered with it in certain areas based on, you know, the lay of the land.

You’ll get areas that it’ll wash in. Now this just washed in last night. You can tell because it doesn’t smell. It literally is fresh. But if you came out here a week from now, this wouldn’t be here. The tide will come in. You can see the water hit a certain level and brought all this in and it’ll go away. But one thing that’s very apparent right now is with all the challenges that people are having right now, pizza is a very good barometer of what’s happening in the economy. Now pizza companies like Domino’s and Papa John’s, they absolutely killed it during the pandemic.

2020-2021 was their best years ever. They saw 40% growth in those locations. They could raise prices. People would pay it. They were just making money hand over fist. And even Pizza Hut saw an increase in their profits. But they did something where they had a $10 value meal type of thing where you could order certain, you know, two little mini pizzas, you know, little mini pizza and wings, things like that, and they were But now the problem is that like everything else, there’s every single aspect of the pizza company has gone up in price from the employees.

The employees have gone through the roof. The ingredients has gone through the roof. My brother’s married to a woman that owns an Italian restaurant and I sit down with her and it’s just it is mind-boggling what things go for and you have to maintain quality. You don’t want to sit there and cut the quality of the cheese, you know, the sauces, the vegetables, everything. You’ve got to maintain that and it costs a certain amount to do that. So what you’re seeing right now is that the pizza companies are making less money but you’re seeing a product for the average five-topping pizza from those places are just around $20 a piece right now, which is higher than it’s ever been.

When I was a single dad with the kids at home, Domino’s had a $7.45 deal where if you could pick up the pizza $7.45 and it had three ingredients and at that price I’d say kids get your own pizza, eat it for a couple days, whatever. But it was incredibly cheap. Well now that pizza is 20 bucks to get that. So every aspect of this has gone up for the energy cost to everything but what you’re seeing though is the fact that people cannot afford the pizzas for the first time ever, okay, same store sales in those three locations.

Let’s just talk about the big three, Domino’s, Papa John’s, and Pizza Hut. Again, not my favorite pizzas guys. I mean I like Little Joints, I like my sister’s place, I like things like that that you can get a good pie at. You know you’re gonna spend more money for better pizza because that’s just true. That’s just the way it is. Anything else. But these companies for the first time through the end of 2024 they saw same store sales drop. So each location that did business hand over fist saw a decline in sales.

Now here’s the thing, when you look at all fast food, the most successful fast food location in the country at one point was a place called Del Taco which we have here in the west coast. I think they have some in Texas as well and they had over a million dollars in sales at each location and that’s dropping right now. And again the food, the problem with that place is the same thing is that they’d have these value menus and they make the taco shell so thin and the quality of everything so thin that it’s awful, awful, awful, awful.

So what’s that do? What’s that you know, do you want to eat at places like this? You know only if I have to is when I eat at those places. Now the problem with it is that people don’t have the money to go out and it doesn’t matter what type of fast food it is, it’s gone up in price an absolute ton. There is a place called Dave’s Hot Chicken and Dave’s Hot Chicken just sold to a good old Subway for a billion dollars. Isn’t that crazy? A billion dollars they just paid for the Hot Chicken place.

Now the problem with Subway right now is we could talk about them for an hour but their problem is that they’re owned by a hedge fund. So the hedge fund bought Dave’s Hot Chicken. Congratulations, congratulations, a billion dollars for spicy chicken you know breast sandwiches. It’s nuts. Wealthy people right now are cutting back. Wealthy people right now Louis Vuitton and Gucci and Armani and all these other high-end brands are not spending the money like they used to spend. They’re just not and that is happening all over. So everybody’s feeling the pinch right now.

Everybody’s feeling the pinch. Now in our last video we have rich people and you know I’m Laguna Beach and if you go up the hill and behind me and see the houses on the hill not everybody’s hurt right now without a doubt without a doubt. But what you have is you’ve got you’ve got the average person and the average rich person want to be rich person that wants to have problems. People are borrowing themselves into oblivion. This you know I talked last week about by now pain later that Mike Adams came up with and it’s such a problem right now because people are just borrowing themselves into debt slavery right now and they don’t get it.

You don’t get it. You just don’t be in debt guys. It’s the greatest freedom in the world to get up and not owe anybody and I’ve been there. I’ve had those calls. I’ve had you know God if I don’t sell this today I’m done. I’ve had that in my life and you don’t want to live like that. You want to live comfortably and be able to make choices. So the other thing is Dollar General. Dollar General steps forward and says hey we did a test on our customers and we’re seeing more wealthy people just like Walmart saw.

So wow you’re seeing wealthier customers that are coming to the Dollar General stores and spending money there. So once again guys you know everybody’s feeling this right now. You can sit there and act like everything’s gonna be okay but I am telling you this right now. Do not do not get yourself into debt. Do everything you can to stay out of debt right now. Sell things you don’t need. Get rid of things right now because what you’re seeing is that everything is on sale. I have friends from around the country.

I have subscribers from around the country that are writing me and telling me stories about wow Dan I’m looking at boats for the summer. Things are incredible. Things are so cheap but I got to have the cash to go do this. So if you guys want to do this they don’t want to deal with your bank. They don’t want to deal with lenders. They want to deal with unloading things right now. We have had such a spur of crime over the course of you know the last four years where people just weren’t prosecuted.

Now there was a great sweep this week where 400 people nationally got arrested for serious retail crime and they’re starting to prosecute these people at an absolute record pace right now. So that’s fantastic news. I love that stuff because it’s you know we need to see more and more of that. The housing center weakness looks like the epicenter is going to be two places and right now it’s tied. It looks like it’s going to be Florida and Texas that are going to have the greatest problems and I’m telling you whenever I say things like this I get realtors that write me and say it is so hot in Coral Gables.

It’s so hot in Austin. It’s just not you know again I list things and I get offers $50,000 above ask. Okay okay okay read the story below about the epicenter and I’m telling you that I saw the greatest headline that Dr. Marvin sent me in that Florida is one hurricane away from a total bus. They cannot afford this guys. They cannot afford the problems. They cannot afford to have you know you know HOA’s go out of business. People cannot afford to fix places up. I’m telling you I had a story sent to me that I couldn’t verify but one woman was talking about how she lived in an association.

She bought the place and then one month later they said oh by the way you need to give us another $45,000 trying to navigate the rocks. Another $45,000 for the improvement. You’re part of the assessment. She’s like I don’t have that money. Squeezed into buying a house right now. Nobody told me about this. So one thing that was crazy what what again realtor hell or the realtor didn’t want to tell them that they got an email. Hey please listen that your buyer is going to be responsible for this money. You should probably tell them about this.

Realtor didn’t. So that would be lawsuit city. That’s gonna happen. So once again guys Grant Cardone comes out this morning and says hey listen I just bought a billion dollars worth of properties for 60 cents in the dollar. Get ready for that. Now Grant’s not buying you know Grant’s not buying you know Grant’s not buying one house at a time. Grant’s buying apartment complexes condos and places like that. But think about if a guy like that buys your condo complex you can start the association all over again and he can afford to do that.

So you may want to consider something like that. You got an apartment complex you’re worried about. You’re worried about a bad management. Contact this company. I would do it. Record home cancellations are happening in Las Vegas right now. Las Vegas is the epicenter for people getting cold feet. Now you guys ever want to do anything fun? You go on to TikTok and you can watch all the videos in Vegas and all the videos in Vegas. And you can watch them on YouTube. They’re gonna be going to be going to the absolute record pace.

Get cold feet, qualify for the house and then they see something down the street. This is gonna be epic because you’re going to see more and more places. They’re still building in Vegas which is crazy. One thing that we’re seeing is we’re seeing an epic amount of used cars and you’re seeing new cars that are available for sale right now. And with the cars that are available for sale. Tesla. Tesla’s got a huge problem right now. Michigan has parking lots at malls that are full with Tesla cyber trucks that are not selling.

And you know you can blame it on the Elon Musk, Donald Trump feud. You can blame it on anything you want. But who’s got the money for those cars right now? They’re very expensive. And there was a man named Tony Shea who passed away five years ago. Do you know who he is? He ran Zappos which was a really cool company. And the reason why I know of Zappos, it was basically started out as a shoe company and that guy died. That guy died in a mysterious fire. He also had a fascination with fire which always is a bad recipe for people.

But Mr. Shea passed away and his father was running this estate and didn’t have a will or an estate. I am telling you guys, I don’t care if you’re worth $50. How they will have your intentions written down on a piece of paper and make it so that somebody can find it, which is horrible. It’s a horrible way to do things, you know, because you’re going to go through probate court and this guy sold his company. Zappos was great because women could order shoes. Let me give you an idea.

And like my lawyer girlfriend would order three, four pairs of shoes, try them on. I don’t like these. Send these back. And they would gladly take them back. No questions asked. No problems. No nothing with that. But that guy was worth, you know, $500 million. He sold his company to Jeffy Jeff Jeff Bezos and Amazon. And with this $500 million, that guy passed away without a will. How stupid, how dumb, how idiotic. Now, five years later, a will miraculously shows up. Somebody found a will and it was sent. Think about this.

The will was sent to a local attorney in Vegas who never worked for Mr. Shea and said, I had nothing to do with this. Named multiple people that should run the estate that he had nothing to do with. Now, the problem with it is his dad’s running the estate right now. And he says, you know what? And these people are better people than me because I would be suing everybody on that list. And I’d be suing the anonymous person. I’d try to find that person that dropped it off. But the attorney’s like, I had nothing to do with this.

And this was found. And this was sent to me. But he wanted all his money given away to charities and named people to run the charities, you know, for each group that he had. Mr. Shea had nothing to do with. Now, I’m going to call BS on this and say it was totally bogus. But the point of this is that here you’ve got a guy worth $500 million, which none of us will ever get to. And you need to understand this, that if you have any money, if you have a 401k, if you have anything, you’ve got to have your wishes spelled out.

We did the greatest story a year ago, where a guy met a girl on a date on a beach throwing a pizza. They dated for two years. He gets a job at Procter & Gamble, gets a million dollars in his IRA and 401k, breaks up with her, starts dating another woman, didn’t get married, has two kids with the next woman that he didn’t get married to. And when he dies, the kids step forward to claim his 401k and pizza girl or a pizza girl, might as well be. Frisbee girl steps forward and says she’s the rightful heir.

And Procter & Gamble says we’re going to pay her. I checked in this a month or so ago. They’re still fighting over this right now. And that was five years ago, guys. Okay? So do yourself a favor, guys. This is your problem. I had multiple people after I told that story, well, I’m going to go check my retirement. I had one woman, and I’m not slamming her, and she said, don’t judge me. But she was clearly an executive that had high-end jobs, but she said, I had four different men listed as beneficiaries on my policies, and I fixed this and named my kids.

Okay? Well, I can’t control who we fall in love with, but, you know, you can control who your beneficiaries are. So let me know what you think about that so far. It’s a little bit more to cover. What do you guys think about this beautiful little morning out here? Don’t forget that we have a private channel where we talk about everything that’s too hot to talk about other places called iAllegedly Live. So many of you have signed up for that. I love doing that content. We have over 350 videos over there already.

Check it out today. You go to iAllegedly.tv to sign up for that. Now, here’s the thing that’s crazy, guys, is we’re all in the same boat. One day we’re fed nonsense. One day things are good. One day things are bad. We got a bad ADP report where 37,000 jobs were added. And then we got a report that we hired 137,000 people. Now, Dr. Marvin sent me a great article that over 7 million Americans are unemployed right now, the highest since 2017. That, I believe, that I believe. I have so many people that are in the big economy, that are in the side hustle economy, that are trying to do things in my life, that are trying to earn money outside the system, you know? And they can’t get a conventional job, whether they’re too old, whether they don’t want to, whatever reason, okay? They can’t.

They’ve got kids that are sick or whatever, but 7 million people. That’s a number I believe, okay? That’s a number I believe. Now, the other thing that Dr. Marvin wrote me about was how auto insurance is completely out of control. You know, comprehensive collision. And he lives in Florida. And he’s got, you know, paying, never had an accident, never had a ticket. And he’s paying outrageous, you know, $220 a month to have auto insurance, okay? And again, if you don’t have it, it’s a crime, okay? If you don’t have it, I guarantee you’ll get into an accident and you’ll lose everything you have.

But, you know, you get these low numbers too, like comprehensive collision, you know, 25,000, 50,000, it’s nothing. Here in California, you’ve got to have it higher. And speaking of California, you know what we have to look forward to? January 1st, for climate change, for our climate. Because, you know, the seaweed’s coming out because of the man and because we’re burning the environment. Yeah, yeah, yeah, okay. Okay, anyways, 63 cents more a gallon on our gas tanks to fight the climate. No, no, I say no. It’s ridiculous. And here’s the best thing. The politicians here in California could have killed it.

You could have said, you know what, we’re going to get people a break. They’re paying enough for gas right now. And they put it in. It’s going to take place July 1st. So I’m telling you guys, what’s crazy? That’s a good idea. Oh my God, we should do that here in Massachusetts. It’s coming to a state near you guys. Mark my words. Remember, people are broke. You’re not the only one. Get yourself out of debt. Get rid of crap. Sell things you don’t need, okay? You’re not going to be happy. Some of the stuff you’re going to have to give away because things have gone down in price.

And if you want to buy something, these are the glory days for you because you’re going to start getting tremendous deals. And if you know how to negotiate, man, oh man, is it a playground for you right now. Hit the like button. Please subscribe to my channel. I have a huge announcement coming out very soon. It is going to be epic, okay? And I cannot wait to share it with you guys. I will see you guys very soon. Email me hello at iallegedly.com. Check your spam filter. And I will see you very soon for our latest email, okay?
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