Economic uncertainty creates a K-shaped economy where asset owners benefit while average workers struggle with rising costs, making forward-thinking preparation essential for long-term financial stability during periods of sustained uncertainty.
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MORE UNCERTAINTYAdded:
All right, folks. Welcome back to Prepper. Now, we're going to talk about all the things that we don't know and the uncertainty that is going to basically happen for quite some time as my prediction and belief. And it's not that I I'm like some kind of a swami and can tell the future. Everything is is done through a base of logic. And you know, when this thing in the Middle East is going on and everybody's angered at the strikes and the hits and the back and forth and the damage and the depletion of munitions and everything else, if you can find a way to uh harm your enemy without really doing much, it just states via reason and logic that that is going to be the path.
So few weeks ago the uh ceasefire supposedly started you know tenuous at best got kind of rolling. I think both sides were tough time tired of the uh you know strain of war and then of course Trump decided to come in and do this blockade. Honestly, of all his options, it was probably the most intelligent.
And now they're waiting. And I said this yesterday. I said, you know, they're not going to change this now. Now they just wait. You know, supposedly 12 to 22 days and it's going to be really bad for storage and everything else. The Iranians are trying to figure out other ways. Uh they're talking to Pakistan about using land routes to transport stuff. We'll see how that goes. I I think we're going to magically see some uh accidental bombings on um or sabotage on some rail lines in southeastern Iran. But who what do I know?
So what does that mean for you?
Because that's really what this ultimately comes down to.
the materials and everything else are not going to be free flowing. The price strain on gas is going to continue and you have this bifurcation, this this K-shaped economy, whatever you want to call it, where the people that are the asset class owners and have stocks and commodities and everything else and they're playing the market. They've had the best April literally in 10 years.
Meanwhile, the average person trying to run a business or get to work and is sitting there looking at $419 a gallon, whatever the heck it is in your area, starting to price out things that they can sell.
That is what's going on here.
So most people can't, you know, this is tough on them. Most people can't do this for a long time.
But that's the problem. It's going to take uh time for all of this. And other materials are are having problems.
There's another material that I heard about today that is making it tough. I don't think people really fully understand just how much petroleum is in things, but it's called bitamin.
Bitamin is a a major component for asphalt.
So this summer when are doing all the road construction, we all know it. Your favorite interstate or whatever is going to have the road construction crews out there. Well, they might not be there or they might not need as many of them.
Why? Well, they can't get the stuff.
Bitmen is a petroleum based product and it's been super expensive and hald and you know they might just be putting those kind of projects off.
Speaking of which, most people Main Street are really worried and concerned about their jobs.
And when people are concerned about their jobs, they tend not to buy stuff.
We buy everything used. Case example, my wife has wanted a couch for our our new place for months. But of course, she's only got a certain amount of uh money that we can spend. And even that I'm like, I don't know about right now. We might want to hold on to it. But I've got uh some money coming in from other things from the side hustles. And again, side hustle isn't a bad thing. I know some people are like, "Well, I can't do it. I'm do this and do that. I get it.
But you might want to consider it no matter what that may be.
But yeah, I mean people are worried about their jobs.
So consumer sentiment, job sentiment, it's all at lows. So you've got this bifurcation. You've got, you know, Wall Street just having the time of their lives, but then the average American is is getting kicked in the teeth financially and it's all going to come to a head.
Now, I'm not going to say, "Oh, there's going to be a crash or anything." I think we've all learned that crashes aren't really allowed anymore. And as long as they've got computer, you know, ones and zeros, they can do with the market what they will. And when they decide that uh it's time to cash in the poker chips and you and I are not watching and they pull the Kansas City shuffle on us, Katy bar the door, you know. So that's where we're at. You know, the this thing is going to sustain. It's uncertainty and the uncertainty is going to sustain. And if you think that everything is going to be okay or or work itself out or or blah blah blah whatever um this whole thing is going to sustain and so the c uncertainty is going to weigh on people and it's going to affect things.
Job loss will continue and it is not good right now. I tell my students all the time this is the worst time to be lazy.
had a young lady say yesterday, "What should I do?"
And I said, 'Well, you know, you're diligent, great grade in my class.
Uh, you have a nice, you know, uh, personality. I said, maybe you should consider doing something like real estate, you know. She said, you know, I thought about that. And I said, you know, another thing that you could do is uh ultrasound tech.
She kind of looked up at me and was like, "Huh, didn't think about that." I said, "Yeah." I said, "When people are getting their babies checked out, they're going to want to talk to another human." And people are always going to have babies, so ultrasound tech wouldn't be a bad idea. And she started to look into it. Make good money, stable. I got a friend that did it. I'm actually going to contact her and kind of give her the path to how it happens. Plus, she doesn't have to go to school forever.
Now's the time to be getting ready for this long-term uncertainty. And again, this is why it goes back to prepping.
Nothing is going to be solved over the next 6 months to a year, folks. The hormuz is going to stay shut down and the prices are going to stay up. The inflation is going to start to hit hard.
And I don't think they really care. I think what they'll do is they'll they'll basically let this go on till about midsummer, about July, August, when we're getting into election season.
they'll start to do things to mitigate the issues, you know, maybe a rebate or whatever or, you know, a stimulus check, more inflation, something to buy people and to uh, you know, get the plebs happy with what's going on and then they'll get through the election and then it'll be game on as usual. But the fact of the matter is is that your inflation is not going anywhere.
The inflation is going to continue. It is going to get, you know, worse. Your bread's going to go up, all that. So, it's uh time for you to lock in and secure what you need and prep. Get your materials.
If you're a side hustler, side hustle.
Get rid of any bills you need. get out of debt, you know, more financial. That that's why I like prepping. Prepping is a financial thing.
Prepping makes it so I can handle storms.
I can handle issues that are on the horizon. I can handle inflation.
I'm uh eating bacon right now. I know I shouldn't eat bacon.
That was bought two months ago. I bet if I were to go get that same bacon, it's at least 30% up than what it was in in February when I bought it and put it into my freezer.
That's the kind of stuff you got to be doing. Prepping is forward thinking, folks.
And now is a time for you to be a forward thinker. Okay?
So, yeah, this blockade is going to continue. The uncertainty is going to continue and you got to be able to handle the long haul. And the only way to do that is through prepping.
All right, folks. That's what I got for you today. A little prep uh pep talk. I got the prep talks and the pep talks.
I'm going to have Voodoo Queen on here on Sunday.
Tomorrow night, I'm going to have a longtime subscriber, Bentwing Brewer.
And we're just going to keep talking to people. Talk about what they're doing for prepping. Have the the prep talks.
Talk about conversations of what's going on. All right. Check out the other ones in the series. They're doing well.
Getting a lot of compliments. Yeah, they don't blow out the water on the views and all that, but these are for people that are really into prepping. These are kind of for the nerd preppers that want to know what's going on and and what other people are doing. So, friends, we're brought to you by Augusta Precious Metals. Please consider becoming a member here. It does help keep the lights on, keep moving and grooving. Uh, you know, it's just a nice way to tip and kind of say, "Hey, thanks Prepper now for putting this material out there and and and talking me through some tough times and giving me some uh things to consider."
Other than that, friends, God bless you all and we will see you on the next one.
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