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we've had a government I'm talking about the US now that in 2000 we had an $8 trillion deficit and today we have a $33 trillion deficit so the deficit is grown by more than a trillion doll each year over the last 23 years that is highly inflationary the balance sheet of the Federal Reserve um is highly inflationary and so all these different measures um are much more structural much more difficult so as a result of that interest rates are going to remain higher opportunities for investors are going to be able to be very patient um you could do nothing and enjoy a positive return all right so are you expecting a hard Landing or a soft Landing in the United States or you just can't project I would I do not we will not see a hard or soft Landing in 2024 um the amount of fiscal stimulus that is just entering the economy which is very inflationary the chips act the IRA and the infrastructure acted about $970 billion the largest peacetime non uh pandemic moment of fiscal stimulus at the same time our Central Bank is trying to arrest the economy and and and so that's that that's just hitting the J curve uh and and you see um in labor settlements right now what's going on in labor talk 20 25% increases in wages so hi it's Tisha PA you probably recognize my face from Fox News back in the mean Kelly days and I'm here now on YouTube and sometimes on Tik Tok and I'm just like sharing the news with you so we're going to talk about Larry thinkink and what he has to say but first I want to remind you all to subscribe it means a lot to this channel we've gotten one point .7 million views so far and probably 40,000 subscribers but we need to get to 100,000 so we can start giving out free gifts and free prizes to our subscribers so help us to get to those numbers so that you could also be part of this channel because we want to give you some money you also get to learn money and it is free to subscribe so hit the free like and that free subscribe button I'm also reminding people that today tag products are from Target and they're all Electronics that's what we have today for Target because someone from Tik Tok said to us yesterday what about Electronics so we heard you and so we're doing shows that are just dedicated to own Electronics so you have to be on our YouTube channel today and you have to look at the tag products and they're all electronics and we will be back to tell you more about why we follow Larry who sits on nine trillion doll and what can we learn from this9 trillion man we're about to find out I'm Tisha Paul we'll be back with more hi welcome back to American television news I'm your host Tisha Powell and I know you've seen my face on Fox News back in the mean Kelly and Bill Ry days you've seen my news V with John tobacco I'm here now on YouTube and I'm about to tell you why we're so obsessed with this Channel with larink and that's because he sits on9 trillion so do you understand that the deficit is $33 trillion so here is a gentleman that owns black rock or Started Black Rock and he was able to get his asset up to $9 trillion that's pretty impressive so what can we learn from larink well lar is saying that we're going to be in an inflation that was his segment on Bloomberg when he was overseas he had to meet with all the billionair and they were all discussing what's going on so he's saying that the $33 trillion make the atmosphere very inflatable so you can't get rid of$ 33 trillion or have a $33 trillion debt and think that the country won't mean an inflation that's like an oximoron I guess so he talks about balance sheet he says that we have to balance our our sheet we haven't balanced the budget in DC and this is not our fault as people this is what our government does but we are stuck with the consequences so you can not have a balance sheet and think there won't be inflation and he says the high interest rate is going to be here for a while ow we'll talk more about that in another segment he said we also need to be patient yeah people have a problem being patient he's saying being very patient because it's going to be a tough time you're going to make money still but it's going to be tougher to find places and he expect the recession to be coming he think 2024 and he said it's going to be hard or soft it won't matter but it is coming and he said those stimulus check remember those checks that were given away by the government in 2020 2021 and they kept giving more money and these socialism programs that were creating it is bad for us it makes more inflation because there's more money on the road and he said the central bank is too tight they are tightening up tightening up tightening up and they're hurting competition and he said that there's a labor settlement coming and it's 25% those things mean inflation might be here to stay for a while so what else have we learned from Larry think watching that segment and just watching his shows over the years or over the months we've been doing them what we can learn from Larry is that you need to be patient to make money and you need to understand that timing is probably everything and that you need to acquire assets Larry sits on assets he's sits on probably what 80% of his S&P belongs to Black Rock so the stock market lar think is dipped into that he's into Bitcoin we know that he requested an ETF for Bitcoin and if that goes through some people say Bitcoin will be through the roof gar kendler is saying Bitcoin won't be through the roof and Larry is involved in real estate he is Wall Street and we know Black Rock bought up a lot of real estate and this country is becoming a pennant country because there's a lot of real estate being bought up by corporations and they're even squeezing people out in Florida I'll tell you more about that in another segment but people in Florida are being squeezed out of their conders because Wall Street came in and pushed them out oh greed greed greed so um Larry King Larry think is also in eam so we know that he went ahead and got the E for eam and that went up he owns his own business we know he started Black Rock and he takes risk and he believe in himself we can tell that because he's kind of predicting the market and he's confident in what he's saying and you know a lot of people listen to him and Lar think is definitely very conservative you can tell he's very conservative in the way he handles money but he's very wise also in the way he handles money so we can learn that you need wisdom and you need to be conservative with the way you handle money um the it's believe larink is worth over a billion dollars and black rock is worth nine has n trillion in asset it's a largest in Wall Street so that's why we follow larink because larink pretty much equal Wall Street and Wall Street as you know it's probably the largest financial sector in the world because we're in the United States and Wall Street is where the money comes out of and so that's why we have to follow larink because he knows about money so we understand money so the first way you want to get into money is that you need to invest your money so you might be saying how am I going to start investing in money you have to come up with a budget and I did something right here if you can just see it so that's what a budget looks like so it's like $3,000 you're bringing in you want to put 10% away to to paying yourself then you want to live on the 2700 you've got to do it this way there's no other way to do it then you're going to save that $300 and when it becomes $9,000 you're going to buy yourself a home right because in America FHA you get 3% down the average town home is 265,000 that's 9 Grand eror let's say you just wait one year so put it into Bitcoin Mutual stocks or
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