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Summary
➡ Jeff’s dream of selling to Cisco could be a game-changer due to the potential financial gain. The prediction is that a large commercial estate company will buy a builder, merging brokers and builders under one roof. The New York City mayor’s plan for free childcare could cost $60,000 per child, which is problematic given the city’s deficit. Lastly, Jet Blue is set to double their baggage fees, and a new trend of ‘dining and dashing’ by consuming only free bread at restaurants is causing concern among restaurant owners.
Transcript
It’s it’s absolutely catastrophic right now when you think of the money and the lack of merchandise when you go to a grocery store or a gas station or anywhere. Diesel fuel, as I’m filming this video, just hit an all-time high here in LA County of almost $7.50, $7.48. That’s insane, guys, because if you don’t think everything’s going to get affected by this, you’re just not paying attention. And the Walmart indicator is something that has proven the last four recessions, and an economist named Jim Paulson, he stepped forward and he said, listen, the last four recessions were all set off by what happened with Walmart.
And Walmart shopping goes up when the economy goes down, and people stop buying name brands, they start buying the Walmart good value brand, and it’s one of those things that you can’t you can’t help but pay attention to this. People are spending less. It’s funny, I donated a bunch of food as I as I trade my food out from you know for my my prepping stuff that I have. I always like at a certain point I donate certain food and then bring new stuff in and just you know age things out, let’s put it that way.
I’m sitting there looking at this and for some reason I found a receipt, and I had spent a couple hundred bucks on food and I cannot wait to see what I will spend to replace this this time because it’s going to be substantial. I would not be surprised it was two two and a half times more. But the average family you know you already see this in your own life, you already see that that your money does not go as far, and we’re starting to see everything get more expensive right now.
And for the years that I’ve done this, I’m coming up very soon in my sixth year anniversary of having this channel, and I’ve seen a lot of things change. We’ve warned people, I’ve had a lot of people alter their finances and cut back on expenses and get rid of debt. I’m very proud of that. But one thing is you don’t want to spend money on stupid things right now. You don’t need designer food. You know it’s funny how when you look at certain brands, whether it’s pasta, soap, alcohol, there’s certain manufacturers that make multiple products.
Oh it’s different and that label says it all. I just taste better if I buy that. Okay that’s on you. Same thing with pasta, same thing with everything. It came out of the same plant and was put into a different box. You think that that spaghetti noodle is going to be different if you buy it at Walmart over someplace else. You’d be the judge of this. Now this does not mean that there’s going to be a recession tomorrow. Guys what are we in right now? This is not, this is worse than that.
This is absolutely so much worse than any possible recession that we could play games with. You know you’re seeing cracks in the economy, you’re seeing cracks in everything. You know I talked to, talked about my son working at that restaurant where he went and confronted management about, hey is this place gonna go belly up and are we gonna have a problem? Well guess what he got last night at 10 o’clock last night? He got a text that effective immediately we’re closing. Wow so he was right and I had given him warning signs and they started to not have merchandise.
They started to not have certain wines, certain vegetables, broccolini we can’t get. When he confronts him, oh you don’t understand we have to have certain quality to a restaurant of this stature so we just can’t buy it anywhere. So okay my son said wow you’re right and it’s funny it’s, my father used to say something to me and that was isn’t it funny the older I get the smarter I get and the more sense I make and I told somebody this hey you know my dad used to say and a woman, I didn’t know your father was Mark Twain, daddy anyways you know the indicator link to rising unemployment trends is historically recessionary and it doesn’t matter what you think, broader concerns including housing, hiring, spending and shutdowns whether they’re restaurants, whether they are stores.
We just talked about grocery stores going down for the count. This is this is a sign guys, this is a sign. What do you like? Buy it, stock up on it. If it’s not you know hostess Twinkies that are gonna all those never go bad. If it’s not food that’s going to spoil, make sure you have a supply of it. Make sure you have your pharmaceuticals and your prescriptions. I’ve had people say my you know plan will never allow this. You know what walk in there to your pharmacist and say hey listen I’m concerned about travel, I’m concerned about getting things lost and I need to have a one-month supply on him.
Wouldn’t you feel better if you had that and there was a problem? You know what if you were Rite Aid and they got shipped over to CVS and everybody hates CVS so again I don’t want to be at CVS right now. Well you have no choice. That’s what they did to the people at Rite Aid. So it was terrible. You know we talked about the grocery stores, the question is if people aren’t struggling it’s how bad they’re struggling but do yourself a favor. Go out right now and make sure that you’re ready for this.
Make sure you have water stocked up. Make sure that you have plans for your family. You can you know do things like kids lunches, all this stuff that I paid for when I was broke. I did all this stuff in advance you know. So Mr. Paulson and his recession signal, think about this, four times this guy’s called the recession and he’s calling it right now. So and what do you guys call, what do you call what we’re in right now? Okay first segment let’s end it with this. What do you call what we’re in right now? Because I think it’s been recession you know 2025, 2026, that’s what I think.
Let me know what you think. Let’s talk about our sponsor Noble Gold Investments. You know we are all living through the same economy right now and one thing that we all have to do is look out for each other and give people solid advice. Gold and silver is a great way to go. We’re starting to see cracks in the crypto market, we’re starting to get warnings that there could be a Bitcoin crash, an XRP crash. Get yourself ready guys and the best thing you can do is get yourself into silver and gold.
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Dr. Marvin, Laura from Connecticut and Broker Aaron sent me a bunch of stuff and Broker Aaron sent me a story about a company called Cisco. Cisco is the largest basically restaurant and food supplier out there. They really are. They’re I think twice the size of their competitors but what are they doing right now? They’re buying Restaurant Depot. What is Restaurant Depot? They’re the company that’s you know you can go buy you know a big you know 25 gallon mixer. I mean they’ve got all that stuff that you can get.
Large ovens, mixers, you need bowls, you need plates. Restaurant Depot. Restaurant Depot does they’re being sold for 21.4 billion dollars and Cisco says hey listen we want to get in this space because it’s a cash and carry space. It’s a great place to be in for what’s coming in the economy. Well what’s coming in the economy Cisco? You think people are gonna spend less? Again I don’t think of Cisco’s a great company and I guarantee you me and everybody else is eating some of their food but I don’t sit there and go wow this is the greatest steak in the world.
I think of it as processed stuff that you get at a mid-level restaurant. That’s my opinion. Now I had a friend of mine who owned a fish company and we’ve talked about Jeff for a long time. Jeff’s dream was to sell to Cisco because they had package requirements, his family was in the fish business and they’re a great company but they’re just huge and it could be life-changing as far as the money getting this. But we talked about this for the last year and a half about how you’re going to see more and more mergers and they’re going to do it just like this where they’re going to explain to us that this is the greatest merger in the world.
It’s going to save this company, it’s going to do better things and you’re going to get better value. Okay okay I’ll buy it sure thing thank you. Broker Aaron and I went back and forth discussing how you’re going to see my prediction is and I might as well make this now because I made it with him and that is you’re going to see a large commercial real estate company that’s going to purchase a builder and they’re going to merge so why not have the brokers and the builder all under one roof? Isn’t that a great idea? Well it’s just like Cisco getting restaurant people, it’s the same shenanigans, it’s the same thing, it’s the guise of isn’t this great? It’s great isn’t it? It’s not, it’s not.
So mark my words that’ll happen, that’ll happen in 2026, how about that? You can sit there and look at this video and see that. We just got a health warning and I love this. This came from the Daily Mail in the UK and I had half a dozen people send this to me that there’s warnings in different states about not going outside because of how bad the weather is here. So there’s again multiple states you have smog and all this stuff in the environment that’s bad and you shouldn’t be breathing it but again look at this it’s overcast it’s nice.
The first weekday we’ve had in a very long time. You know, mom Donnie, the New York City mayor, I’m telling you I slammed this guy and people hated that video because you just don’t do politics and well you have to do something. This guy was gonna give everybody free childcare, you know that’s gonna cost $60,000 a child. I am telling you I could send my kid to boarding school with a driver, okay? Make Tiger Woods envious, okay? I could do that and it wouldn’t cost 60g a year. $60,000 a year.
Daycare is expensive, it is next to housing. A lot of families sit there and tell me daycare is the biggest expense because they need to work to be able to keep the machine going. So this guy came up with the program it’s gonna cost $60,000 a child. Now the problem with it is the city has a deficit of billions of dollars. I’m gonna get the 5.4 billion dollar deficit so what are we gonna do? We’re gonna raise corporate taxes in New York City. I’m telling you guys let’s let’s kick everybody out.
Let’s just get snake-plisking in there, let’s get escape from New York, fence New York City in because that’s what you’re going to have. You’re going to have a dystopian society where everything is off and we’re just gonna give it to you for free and if you don’t like it you don’t want to pay for it you know you’re it’s you you’re the problem Dan it’s not us I’ve paid enough I raised my children okay I always love saying that one because people actually you don’t know how expensive this is. I do.
A few things to finish this video today kind of a quick one for you today and that is don’t forget the private channel I allegedly live you sign up at I allegedly TV it’s all the uncensored stuff and I love doing that and check it out today okay now final final final news stories you know I just recently flew and I flew United and it was uneventful it was great they were very kind TSA was kind my buddy flew again this morning he just got a new job and had to go back east and Dan three minutes in TSA so you know not everything is backed up not everything is delayed now flying United they wanted to have baggage fees and I’m like okay that’s fine now I paid for a premium seat and you guys don’t understand what this is it’s the premium seat between you know the gap where the door is at so you get all this legroom and I like sitting on the aisle and putting my feet out and you know I paid $50 more for that I get on the plane yeah that’s an old map we don’t have that anymore so there was no gap there I had a seat in front of me that I paid $50 more for you know if you call United probably refund that for you probably okay well jet blue just announced today that you’re going to see baggage fees go up double what they are right now and it’s a story out of the New York Post double the fees double double double double so that’s that’s crazy now final final story and I love this one what’s the new Dine and Dash great story out of the Daily Mail to you have a woman and she brings her kids into a restaurant and they don’t order anything we just want some more bread so you eat all the bread eat all the bread eat all the bread okay we’re gonna leave thank you I’m not gonna order anything so eat all the free bread you can eat and then leave and the idea with this is to go to places that really good bread now I don’t know about you but that would infuriate restaurant owners because I’ve asked people I know that own restaurants and they’re saying oh this is terrible who would do this one restaurant tour said you know what we don’t bring the bread out how they place an order and this is why and I’m like wow this is actually an issue isn’t that crazy so degeneracy all around hit the like button please subscribe to this channel join our email list and thank you share the videos and my big anniversary is coming up this week but I can’t wait to share with you onward and upward guys I will see you very soon but have you noticed the Walmart recession indicator what do you think I think it’s here I think it’s live I think it’s real I’ll see you soon
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