Millions Of Americans Are About To Get A Paycut
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- Опубликовано: 28 апр 2024
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A pay cut might be better than losing your job. This is why the Feds need to raise interest rates again!
This is their agenda .. to make people poor so they can control the mass. Agenda 2030. COVID is the starting point of Agenda 2020 for depopulation. This is no longer a conspiracy theory .. it's become real now.
Most companies not replacing workers who have left. Doing double duty at most jobs.
That’s why you should always be quiet quitting
Wait til they start hiring illegals for half your pay.
Inflation is a TAX. Stimulus was not free.
I think the $800 billion in PPP loans (AKA socialism for the wealthy) were a bigger problem than the tiny amount of stimulus poorer Americans got.
Inflation is primarily from government spending, the stimmy damage has already passed.
How does taking money out of the system contribute to the system?
Not to mention, funding not one war but TWO! Also an infrastructure bill for roads and bridges? The government spends like a 16 year old.
@@tylerhurd9569 I mean we kinda need roads and bridges. People keep ramming them with boats.
Incomes never kept up with inflation and when you increase the money supply by 40% in one year they really won't keep up at all.
Bedside RN here, I'm replaceable, but extremely competent and able to pivot to contractor/Agency work whenever I want. Next year my hospital better pay me or catch an FU.
“It’s probably not going to get better than what it is today.” Couldn’t be more real.
A raise? 😮 I think most of us are in survival mode right now.
Dividen stocks are my favorite investments. I have no desire to be a landlord and deal with people.
About to get a pay cut? With monthly price increases and only yearly wage increases, it’s been losses on all fronts.
Not to mention you only get a raise on your income (3-4%) … while inflation affects EVERYTHING! Your grocery, gas, electric bills, travel, dining, shopping, interest rates … everything is up and you only have your one paycheck to pay for it all!
@@mikezerker6925 yup. Sadly the government doesn’t count many of the factors you list that we all have to pay. Gas and food and living expenses are almost all ignored in the numbers. It’s to cook the books that’s gonna destroy our country.
Just wait til the illegals come in doing your job for half the wage.they don't care if they live 20 to a house to cut expenses.there still making more than were they came from.
Honestly I feel like this channel just repeats itself in every video.
Lol stop watching hahaha
I feel like sometimes , its like a politician . Contridicting himself , because he is totally out of touch , with what is REALLY going on , in the streets , with the common man . The 80's are over , and its a different world now . Honestly , I dont see where he gets some of this information . Not what I see going on around me .
@@jeffaragon Maybey he doesnt watch .....the channel probably just keeps showing up on his suggestion screen . All you need to do is read the tag line . RUclips algarythems are pretty bad at suggesting things people are actually interested in watching . I would say its about 20% right now . Just Sayin . I dont watch either , but yet it keeps popping up .
You right, but I love how he teaches so I’ll keep watching
I will say I feel like it didn’t use to be that way. Jaspreet came out really strong and gave some pretty strong insights. But now it has a certain level of redundancy that I feel like a lot of channels step into. I know he can get back on course
Not enough. People talk about that first chart that you showed, which demonstrates that inflation has exceeded wage growth most of the recent years. But everyone talks about inflation exceeding wage growth as if it's a new phenomenon, only more acute
Job won’t give me a raise, so I give myself a raise month after month buy buying monthly dividend ETFS..
Pass the ball brother
Was just talking to my adult daughter about what dividend ETF to get her for her birthday. We determined It was SCHW. What's your favorites?
Our economy is depressing
Im a trash truck driver and they are cutting hours. You will get 40 hours but little to no overtime. It wont surprise me if folks start getting their hours completely cut from 40 to down such as 30 hours or less. If that happens,you will be considered as part time. No more benefits
Yup… already happening in my company, which employs around 10k people… they want everyone to cut back to 32 hour work weeks and trying to sell it like you’ll get all this extra time to spend with family… since when does a company are about your free time?🤨
@@mikezerker6925 I know right. Question, with you going to 32 hours, will that effect your benefits being as though you won't be full time to reap the benefits?
Okay to the point if you live paycheck by paycheck you cant compete! Period.
Thank you, I appreciate all the research you do
Thank you for your insights!!
Repetition is AWESOME I LOVE ❤️ your channel Jaspreet 😊😊😊
Im in tech and i haven’t gotten a raise for two years now and it looks like this year will be the same
Is a raise expected every year in your company? Or do you need to request one?
@@dillonvillon is always expected
Time to go to a new company
Research shows you make more if you periodically change companies.
AI will be coming for your job. AI will not be coming for truck driver's job like many in the Tech industry projected.
The title appears to be misleading.
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners? .
As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken
I am surprised that this name is being mentioned here, I stumbled upon some of her clients testimonies on CNBC news last week..
What impresses me most about Stacey Macken is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
Her technical analysis is excellent and hid interpretation/projections of the market is so accurate I sometimes ask myself if she is human haha. Point is, Stacey is the perfect trader to follow for advise and daily signals.
Thank you very good info
This is like 50th video about how the economy will be bad, i came to this channel originally for financial literacy not to be fear mongered. That’s why I haven’t watched this channel in years despite still seeing the recommendations
Umm financial literacy INCLUDES understanding the economy and inflation. Get a grip.
Imagine not wanting to know how to win in the current economic system because that doesn’t fit your definition of financial literacy. 😮
Head-in-the-sand propaganda
You can still make money in a bad economy… just have to pivot your investments
Jaspreet Bhai, Good To See, You Change The Direction, Away From Basics.
Be consistent no matter if the market is going up or down.
What gold stocks do you recommend investing in ?
I like the idea of investing in gold as a store of value but how and where do you sell the gold for market value and not get low balled?
Already have through inflation and confiscatory taxation
I love market briefs!
Sad times we're in
Were times during the Great Depression any better, or during WWII? I’ll take living in these “times” over those!
Not if your in sales we keep getting raises
For now. When credit gets cut off, yes it is coming, sales will drop like a rock for many things.
@@greglane3978 The guy must not have been around the mortgage industry after the crash last time...
This explained NOTHING about American's getting a paycut, from whom, from were, how is this going to happen. Nothing, just how to invest....
Below !!!👍
Prepare for a lower standard of living.
Save your money. Stop wasting it on traveling or women.
Precious metals are not an investment. They simply hold their value at the time of purchase as the fiat currency inflates away and becomes worth less.
Wages never covered inflation, even during the peak of wage growth. 🙄
I guess we cant go to work now that fuel is expensive.
Wages have been stagnant for many many years and inflation is getting out of control. Only a few specialized roles in few industries have seen real wage growth
How do you buy gold, Im looking to invest in this asset. But Im confuse with the amount of option.
Bullion post or pimbex
Sprott gold etf. Sprott has a lot of good options.
JM Bullion, SD Bullion, APMEX.
Jaspreet, do you diversify your gold? I.e. physical gold, paper gold (index GLD), or a company that will safely hold physical gold for you?
No, I only own some physical gold
@@MinorityMindset What is your thoughts on Sandstorm Gold Royalties?
@@MinorityMindset interesting choice, I guess you really do want it for emergency use lol
@@social3ngin33rinyes! Gold bars are heavy, so you can use them to beat the scavengers when they come
Should you go to a financial advisor to set you up with ETF accounts?
I think it's very important for people to understand that what you get paid at a job has nothing to do with how much that job sells its products for. 😊 The more you get paid the less that company earns in profit at the end of the year. And these companies only care about profit not the people. And if you want proof to what I said just look at the last 20 years where we just didn't go up at all but food prices did. That shows you right there that it has nothing to do with what people were getting paid
No fixed income investments? Notes and Bonds?
Already did get a pay cut our Fortune 500 company got rid of overtime two years, ago, stopped matching 401Ks, and this year reinstituted "voluntary" volunteer hours for hourly employees. This means less time to meet quotas to earn bonus (they say it's commissions to us, but but legally the term "bonuses" which is what they use on the paperwork can be taken away and not be paid, even if you earned them) workers must do the volunteer hours, of course this gives the company a tax break while taking the chance to earn the commission i.e. bonuses out of our pocket. They just increased earnings by cutting back on employee compensation the first quarter of 2024, which they mention in their 2024 quarterly report.
I'm waiting until this November to invest in either stocks, or ammo and iodine tablets.
They're going to be consequences for this, people are not just going to sit there and take it. It will lead to significant social and political upheaval.
Inflation is a pay cut, most of us already took a pay cut
Were you just making a simplification by saying that "wages are falling?" That's not the case. Wage GROWTH is falling, not actual wages...
Gold stocks are undervalued compared with gold prices, stocks will skyrocket once earnings come in, not to mention bad market news will further fuel the prices…BUY GOLD Stocks !!
With the USA supposedly doing so well why all the debt. If an economy is performing well, should be less debt
I feel like I've hit my Learning limit a little bit with this channel. Anybody have any next level learning recommendations?
The Money Guy is a good channel.
Wr already got a pay cut, due to inflation.
The Market's important indexes have been growing astronomically this year because of Corporate Stock Buybacks that should be outlawed.
17:30 we saw a stock market crash in 2022 as well. A legitimate recession!
I think the stockmarket is a bad idea unless you have a really good idea what your doing.people forget what happened at the beginning of the depression. Many ppl were heavily invested in the market and were millionaires on paper. People were literally jumping to there deaths after they lost it all.
The dream is real but more of a nightmare for labor.
then lower rent else bye
Do you invest in your business name or personal name?
Unions keep getting more money.
Fed meeting coming up
And those FED members will see is 😂
Save us 😅
the only way to get a decent raise is to job hop
thank god I don't work in corporate America!
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
I like when you said around the 17 minute mark about when the market is down being a good time to invest. That’s actually a golden opportunity; no pun intended. There was another RUclipsr who said you should pray for bear markets, as that’s a good time to actually increase the amount you invest, and when the market goes back up, you can ease off a bit.
NO affordable connectivity for you***
I thought the 'c' was an 'o' when you said Americans are about to get a payCut I thought you said Americans are going to get a payOut😂
Lol
Bruh same 🤣
Jaspreet bai tuhanu punjabi aundee aa ? 🤔🤔🤔
You down with A.P.P? Yeah you know mee
They're going up for the already wealthy.
Spend within your means and there are no issues. Most can’t. There own fault.
*their - learn to spell like a civilized person
Incomes have not been keeping up with population decline. Inflation is really only affecting those who partake in services. America is service poor go to Mexico for living. America is good for working.
Watching this after the biggest raise of my life
Right. I used to only get a raise every three years. Recently I've been getting a raise every year. Labor for the win.
I just got a raise
2025, 2026, 2027? from my perspective, depends on who gets elected in 2024
Are kids are going to be forced to live in family homes like 3rd world countries. Mom dad, grandma gran pa and kids and spouses and gran kids all in one house.
It's getting very difficult for our current Banana Republic to hide just how bad our economy is doing. Then again "81 million" of you voted for this.... Thanks a lot.
The funny think is that you think this situation is all a result of Biden.
The republicans love the fact that people like you don’t understand the economy at the slightest level, so they can convince you of whatever they want.
They know you don’t understand what causes inflation, or that global economic factors matter, or that presidential policies have effects for years after they are implemented.
You think the Fed didn’t print money while Trump was in office? You think Trump didn’t add trillions to the national debt and had a huge deficit from spending?
You didn’t know that oil prices are set by oil companies for profits and the price of crude oil has to do with global supply from bigger producers?
No, you don’t. All you can manage is “well, Biden is in office so this is ALL his fault!” . Simple people can only accept simple answers, apparently.
At this point it’s irreversible… even if the other guy wins, not much can be done to change course unless you want to bankrupt the country to do it (I didn’t vote for Brandon)
Careful with this guy, he's part of the galactic empire
If the wages are too low, it'll accelerate an economic crash. When fewer people spend money, the slower the economy and the slower the economy, the faster the firing of people. Creating a great depression with a lot more crime. Just because the market pruce is going up in a time like this o ly means that their is a over pruce problem because rhe supply is there but the demand is by the people who was middle class and now is poor class. Ther reason this country grew so fast even though is a new country is because it grew a strong middle class and the reason America is turning into a madmax is because Marxism and communism is taking over the economy system.
As the economy collapses we could invest in a revolution... in Minecraft, instead of just accepting that our fellow citizens within our homeland will degrade into an untouchable class.
Huh? The video game?
I want to make at least $100k a year from dividend stocks.
Owning physical assets such as Gold is the best investment for anyone
Bs video. My passive income alone squashes inflation prices. Raise the rates!
About to? lol.
You are just a random guy when you claim inflation is rising with that little blip...🤣😂
All I know is a monkey picked out a group of stocks better than a experienced trader
struggling is an understatement but let's keep sending money to other countries.
Can't invest money when there's no excess money to invest with
then lower expenses and increase your income
I'm joining the Navy
Air Force
How you vote affects policies. Policies affect your life. No black magic here. Generally it is quite simple. Figure it out America!
Doesn't help when there's no good options.
All options suck. They all want to destroy the poor one way or another.
Second
Enjoy neofeudal Corporate Capitalism guys!
Unfortunately, the majority of stock market investors lose. Market brokerages are Bookie Joints. They make their money off your purchase/sale commissions and Insider Trading information. In the immortal words of P. T. Barnum, "There's a Sucker born every minute".
What a ridiculous statement. Millions of people own stock and are guaranteeing their retirement because of it. If you are constantly buying and selling, there is a good chance you will take a loss. But buy and hold investors are making bank.
@@damondiehl5637 And THAT is exactly the problem! What is the BIGGEST word promoted by the Stock market? The word is "TRADE"! The average investor has no clue what to do. And that is the way Investment houses like it because that's how they make Bank. All you ever hear about is the Winners. Take a look around this country today. You'll go through a whole lot of losers trying to find your Winner. Welcome to Amerika.
People can’t invest when they are homeless. Did you know that 10% of teachers in duval county FL are homeless? No one but the already wealthy have money to invest.
so if youre not spending you're money on housing..... why aren't you investing that money?
These videos have become SO repetitive!! My God it’s the same thing every single day.
Thanks Captain obvious , no one has figured this out yet.
you're welcome, Lieutenant Jerk Off
Lol..UR advice is the generic advise....all u ever say is it's invest I'm the the fuckin smp 500
Welcome back to the Obama economy where you’re expected to just be happy that you have a job
No it was Reganomics
It’s crazy how anyone could say that economy was caused by Obama.
😂 I'm pretty sure it was the originator of the "stimulus" Bush Jr who gave Americans money to go out and spend after September 11th to accelerate the economy.
This is why we are where we are today. People are distracted focusing on political party "A" or "B" as if we are choosing sports teams. in the mean time the politicians on both sides, along with corporations and the rich are eroding our freedoms and robbing us blind.
@@croswellianprincess3590All Presidents are controlled
Today the American dream is be born 50 years ago.
Cut social security, Medicare and taxes it’s the only hope to save the country.
Or cut rates and print more money. force everyone Into the highest tax brackets of 50%. Everyone will make $1 million a year minimum wage. A house will be worth 60-100 million on average. 60-100x times the average annual wage. A cheese burger at McDonald’s will be $500 but tax revenue will be more than enough to cover all this pension liability
Also cut welfare Medicaid and hand outs… either way, third world status for the future!
😂. You people better start investing in BRICKS because the u.s dollar is Dead along with the country and the Whole Western world. Wake the hell up people