THE NEXT BIG CRASH IS LURKING IT'S GOING TO GET NASTY - MOST ARE BROKE AND UNPREPARED

追加: 2026-05-31

[00:00:00]So, here we are. It is Thursday, May 28th, 2026.

[00:00:05]Uh, I want to get right into this video today. Watched some of the financial channels uh this morning. Got them on right now. And you would think everything is just fine. And I find it absolutely shocking because I went to AI today. I went to Google and I asked AI uh some of the amounts of money that Americans have saved up right now in this what I'm being told is a very very healthy economy. It said this is AI according to AI on Google 50% of this country has $500 or less saved up. 30% has $1,000 or less saved up and 21% have 5,000 or less saved up. My question to all of you is, and please leave a comment down below, share this video, like this video, all that stuff. But how are the majority of people in this country going to survive what is coming?

[00:00:57]What has already begun? And and even a better question, many of you ask me the same thing and people ask me this every day and we have this discussion daily, but how are people surviving right now when half the country has $500 or less, 30%, a thousand or less? Um, how are people doing this right now? How are they putting gas in the car? How are they affording food when everything and of course services uh service prices are exploding? How are they doing it? And watching the news today, this on CNBC, oil prices pull back and report US Iran agreement to extend ceasefire awaits the president's approval. This just to me is just more the same song and dance. Uh 60day uh a 60-day extension. Uh right now oil's flat, $89 a barrel. And how much of our strategic petroleum reserves have we already drained to get oil under $100?

[00:01:56]Axios reported that negotiators reached a 60-day uh memor uh memorandum of understanding to extend the ceasefire and start negotiation over Iran's nuclear program. They're not going to give up that nuclear program.

[00:02:12]They're not going to give up the uranium. So 60 days from now or whenever this thing officially begins, um we're going to be right back where we started.

[00:02:20]Uh it just seems like they're playing games with these markets. And right now this is all about the markets. They don't want volatility in the markets.

[00:02:28]They don't want oil prices uh going up any higher. They cannot continue uh to drain the strategic petroleum reserves.

[00:02:36]They need oil under $100 a barrel. And so by doing a a 60-day ceasefire, it cools things down at least for a while.

[00:02:44]So what happens in, you know, in between this time of 60 days? What's Iran going to be doing? What's America going to be doing? Uh, how much money are we spending every day being over there?

[00:02:54]We're not leaving. We're going to be over there. Working overtime won't give you job security in the age of AI, say career experts. Stability is no longer a guarantee. Uh, this on CNBC also. Um, no, there is no stability now. AI is coming for your job. It is a matter of time. Please have a plan. Be prepared to lose a job. I've been talking about this for a couple years. uh had many people on the show. Uh Enrique uh my my accountant friend years ago said have I I think he said have an 18month reserve. Uh I I would say at least 6 months to a year. He said 18 months that was like two years ago and he's probably right. Uh the people who lose a job today who have no money saved up their world is going to be tossed upside down. They're going to be living in a world of chaos. Whereas, if you have, you know, 12 months, 18 months of reserves that you can make a mortgage payment, make rent, all that, you're not going to be your world's not going to be flipped upside down. You're not going to be living uh in chaos. So, uh my advice is to to to have at least 6 months minimal, 12 to 18 months even better. uh because the odds of losing a job now are are rising each and every day with AI uh with this economy where companies are cutting the fat. Uh so be prepared for anything ladies and gentlemen. It doesn't matter now. Look, I used to say like, you know, do everything you can not to get fired. You know, work the overtime. Be the first one there, the last one out. This doesn't even matter now because of AI. AI is coming for your job. more monthly auto loan payments are above $1,000 and most are not for luxury models. Uh CNBC more than five million open auto loans and leases in the first quarter shows nearly 19% of new vehicle loans include a monthly payment of at least $1,000. Get this. This is this is amazing. 74% of these loans are not luxury models. They're not luxury models. What are they? They're mostly trucks. the F-150, the Ford, the Chevy Silverado 1500, and the Ram 1500. That's where a majority of these loans are at.

[00:05:05]People driving pickup trucks, a Ford F-150, and you're paying over $1,000 a month. And, you know, many of these people probably have bad credit, put, you know, very little down if anything, and they've got a thousand plus dollar a month uh auto payment. But these were the top three vehicles, the F-150, the Silverado 1500, and the Ram 1500.

[00:05:24]absolutely insane that people are spending over $1,000 a month for a pickup truck. And this is how so many people have gotten themselves into trouble. And think about these people when they lose a job and they've got a a,000 111 12 $1,500 a month auto payment. How long can they tread water uh when they have literally no money saved up? The repo man is going to be busier than ever. The repo business, if you know anybody in the repo business, if you're in the repo business, please leave a comment down below. How busy is the repo business right now? It is got to probably be the busiest career sector going and AI is probably not going to be replacing the repo man anytime soon. The hedge today, consumer isn't dead yet. US retail stocks surge as resilient shoppers surprise markets. It says here here cole's comparable sales declined 1.1% beating the estimate decline of 1.71%.

[00:06:18]Best Buy reported first quarter sales of 8.9 billion, beating analyst estimates uh with comparable sales sales rising 2%. And Dollar Tree boosted comparable sales 3.5% in the first quarter, topping estimates driven by a 4.5% gain in average transaction. So, you know, are things okay? Because people are are buying at the Dollar Tree, they're buying at Kohl's, um they're buying at Best Buy. Is is this really a reflection that the consumer is in decent shape? I don't know. When I look at how much money the average consumer has saved up and half the country doesn't have $500 saved up, uh it doesn't give me much faith. And then we we we shift um to this other article on the hedge today. American savings rate slumps in April as Fed's favorite inflation signal soarses. The majority of Americans are watching their survival rate drop to zero. When you have no money saved up, your survival rate is dropping to zero. We are heading into the worst economic downturn, collapse, Great Depression 2.0, call it whatever you want, that the world has ever seen. And millions of people have no money saved up. 57% of Americans have zero savings outside of their 401k. Uh, and this was uh uh this this stunned me right here. The US savings rate, I've not checked this in a while. The US savings rate is currently 3.6%.

[00:07:45]3.6%.

[00:07:49]This is scary. This really is scary. And and you think about if people wake up today and they go, "We need to get prepared and they don't have any money where this their savings rate is 3.6%.

[00:08:01]These people are dead in the water. They they cannot prepare for what is coming.

[00:08:04]It is too late already for millions of people. I hate to be the bearer of bad news, but that is the reality of where we're at right now. People have no money saved up. Millions of people have no money saved up. They're paycheck to paycheck. Savings rate 3.6%.

[00:08:21]They're they're just they don't stand a chance. They don't stand a chance. And this is why for many many years I've been sounding the alarm just like many of you. Many people laughed at us, ignored us, ridiculed us, called us names. And now these same people have zero money. And they know they know exactly what's coming now. The writing is on the wall and they may deny it, but they're freaking out behind the scenes.

[00:08:44]They they may still be calling you names, judging you, but they know deep in their heart what's happening right now. And they know that they're going to be victims of this downtrend. They're going to be victims of this collapse.

[00:08:56]And many of these people were the same people on social media, you know, showing us their $9 coffee, their, you know, their $75, you know, steak dinners, their their weekend trips to Las Vegas, going to the baseball games, uh, you know, having, you know, wonderful weekend trips. And these people the whole time were putting it all on credit cards, living the dream, living like big shots, putting it all on credit cards. and now they're defaulting on their credit cards, uh, or or they're making the bare minimum. These people are in big trouble. The same people who acted like big shots a couple years ago, uh, now in big trouble. And of course, there's there's good people out there that did not behave like this who are in trouble, too. Uh, they were paying their bills, they were saving money, and they've lost a job, and they don't know where to go. And I don't have the answer. I really, really don't. Uh, this is why personally for me for years I was just saving, making as much money as I could, saving money, working multiple jobs, um, doing whatever I had to do to make some money, put it away. And the big thing was not running up debt, not running up big bills, and living below my means for many, many years. Even to this day, I live way below my means. Way below my means. So, you got to, you know, if you have the ability right now, if you have the means, live below your means, make sure that you're making uh purchases of things you need, not just want. And if you can afford things, by all means, hey, if you can write a check, pay cash, whatever. But remember, things can turn quickly, too. Do you really need uh that truck? Do you really need uh a vacation house right now? Do you need a boat right now? Do you need a new Corvette 01 right now? Even if you can afford it, think about where we could be in a year or two. Uh think about the sales that are coming, but most of all, think about where we could be. Downturns, downturns, your business, businesses could be affected. Things can happen. So, make sure you have reserves put away. I'm not telling you not to have fun and buy stuff if you can afford it, but things can change very, very quickly. You may have money today, but will you have money tomorrow? More workers are rating their 401ks as average balances fall.

[00:11:06]Fidelity says uh people are in survival mode and hey maybe things have gone maybe things are good for Kohl's right now and Best Buy uh but it doesn't look like things are too good for the US worker or consumer people are in survival mode uh many are in a precarious financial situation and so they're having to raid those 401ks right now it says here savers are tapping into their accounts for cash for what necessities necessities. What's a necessity? Necessities are bills, uh medical bills, electric bills, utility bills, uh making the car payment so it doesn't get repossessed, making the house payment so they don't get foreclosed on. These are necessities.

[00:11:48]People aren't pulling money out for toys. They're pulling out for necessities. Uh and we're going to see more of this.

[00:11:54]The hedge today, US new home sales tumbled in April as prices soared. Uh new home sales in April tumbled 6.2% month overmonth. uh almost twice as bad as the 3.2% month-over-month decline expected. March's 7.4% month-over-month spike was revised down bigly to just 3.4%.

[00:12:16]All of which left new home sales down.

[00:12:18]We always always these revisions, right, with home sales and um the employment numbers and inflation, all these numbers are always revised. Uh and and remember these homes, these new homes built as fast as they can, as cheap as they can.

[00:12:33]Overall, new home sales have really gone nowhere for four years, the article says.

[00:12:40]So, uh, as I'm watching the news today, um, it's all about the Iran agreement to extend the ceasefire pending the president's approval, which immediately he's going to sign this because they want the stock market to just keep going up. Gold uh, up over 50 right now. I think silver is up around two bucks. Uh, 10-year bond yield 4.461%. 461%.

[00:13:04]So, um we're seeing a lot of things happening. Uh but this will probably be very very good for markets, probably be good for the metals here at least for the next 60 days till something else happens or you know till we break the ceasefire and then you know uh we'll see volatility again. But we'll keep an eye on things. We'll watch this all play out. But um we got oil at a little bit over $89 a barrel right now. Uh Dow is pretty flat. Markets are pretty flat overall. But, um, does any of this really matter? Does any of this really affect your life? What the Dow, the S&P, the NASDAQ is doing today. NASDAQ's up 220 as I make this video. U, does this affect your life at all? Or do gas prices, grocery prices, service prices, this is what's affecting my life. I'm sure it's affecting your life. Um, this is affecting the majority of the country right now. Um, this to me is just a bunch of numbers and they are manipulating these numbers. uh every second in my in my opinion. I I I could be totally wrong here, but I think that what we're being shown here in the markets is massive manipulation. Uh everything's up while the economy is one of the worst economies I've ever seen in my life. The debt is nearly $40 trillion and we're supposed to be his static uh and celebrating market uh markets hitting all-time highs. Why are markets at all-time highs if the consumer and the economy are collapsing and the debt is surging? Uh interest on the debt. I I mean it's it's unbelievable uh what we're seeing. And we still have the 10-year bond yield uh very elevated and I expect to see it at some point get to 5%. They're going to have a hard time here, ladies and gentlemen. The American people are hanging on by a thread and they know it and all they can do uh is keep the stock market up and try to hold oil under $100 a barrel. I hope for the best. I pray for the best. Uh I I would just wish this war would be over immediately. Gas prices come down. Uh we get the fertilizer, we we we you know, we we get uh oil. uh we get the chemicals, we get and the world gets what they need and the war ends and we're not spending $2 billion a day. Uh that's probably not going to happen.

[00:15:21]Anyways, please leave a comment down below. Let me know your thoughts. You know, I know that there'll be three or four people that just say, "Oh, this is negative. This is doom and gloom." Give us maybe the good news is the ceasefire.

[00:15:32]I think that that's good news. That that is some good news, but what's the endgame here? What is the end game here?

[00:15:39]And what is the price we're going to pay now uh for opening Pandora's box over there, for letting the genie out of the bottle, the the the bill the hundreds of billions of dollars we've already spent, the inflation, the debt, all this uh it's not going to go away. And the destruction over there now is going to take years to rebuild. And so I think we're going to see uh prices elevated across the board. And this thing's not over. do not be surprised uh that this thing could, you know, set off again at at a moment's notice. But what happens in 60 days? If the ceasefire stays, everybody stays cool and 60 days comes along and Iran says, "No, we're not giving you our our uranium. We're not giving up our nuclear program. Um, another extension, maybe another maybe we'll just keep extending uh pretending and extending for years.

[00:16:30]Who knows?" But anyways, I'm going to leave it there. Please leave a comment down below. Thanks for tuning in. God bless. Talk to you tomorrow.