Deficit Spending Will Send S&P 500 To 6,000 And Beyond | George Robertson & Mel Mattison

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  • Опубліковано 19 жов 2024

КОМЕНТАРІ • 216

  • @BlockworksHQ
    @BlockworksHQ  2 місяці тому +3

    Forward Guidance is sponsored by Van Eck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at vaneck.com/MOATFG

  • @benjamindavidson22
    @benjamindavidson22 21 день тому +176

    I’m curious about how dividend income from these players stacks up against the S&P 500. With inflation rising, how can I grow my $350K cash reserve into 7 figures in the next 2 years?

    • @carolpaige2
      @carolpaige2 21 день тому +3

      Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. which may reduce your dividend gains or income, speaking to a certified market strategist can help with pointers

    • @Johnlarry12
      @Johnlarry12 21 день тому +2

      Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments

    • @phillogan1
      @phillogan1 21 день тому +2

      my partner’s been considering going the same route, could you share more info please on the advisor that guided you to such impressive gains

    • @Johnlarry12
      @Johnlarry12 21 день тому +2

      Sure, Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment.

    • @phillogan1
      @phillogan1 21 день тому +2

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @MC-oo4pk
    @MC-oo4pk 2 місяці тому +29

    George: 40 minutes of rambling
    Mel: straight forward hypothesis delivered in under 5 minutes

    • @nonexistent5030
      @nonexistent5030 2 місяці тому +2

      Those 40 minutes can be summarized by "numbers make no sense, therefore number go up"
      Pristine quality analysis.

  • @MC-oo4pk
    @MC-oo4pk 2 місяці тому +44

    George is incapable of articulating his views in a concise manner.

    • @greg.ocallaghan
      @greg.ocallaghan 2 місяці тому +3

      Nor in an inconcise manner…

    • @MC-oo4pk
      @MC-oo4pk 2 місяці тому

      ​@@greg.ocallaghan correct😂.

    • @greg.ocallaghan
      @greg.ocallaghan 2 місяці тому +2

      @@MC-oo4pk it's quite annoying really: you get the sense that George is "on to something", so you make the effort to keep listening to him. But then after listening to multiple interviews of him and reading his pieces, you still can't boil down what his views are or how he arrives to them...

    • @bentonx9063
      @bentonx9063 2 місяці тому +1

      at one point he is like jack steer me straight, I tend to ramble

    • @davidanalyst671
      @davidanalyst671 2 місяці тому +2

      inflation is a tax... oh good!!!! someone with common sense!!! The federal reserve is a fantastic system ...... ...... uh, are you okay in the head mr George?

  • @leondonald
    @leondonald Місяць тому +111

    So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.

    • @DavidRiggs-dc7jk
      @DavidRiggs-dc7jk Місяць тому +3

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @HarrietBemish
      @HarrietBemish Місяць тому +3

      I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.

    • @EllenAbrex
      @EllenAbrex Місяць тому +3

      Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

    • @HarrietBemish
      @HarrietBemish Місяць тому +3

      Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @EllenAbrex
      @EllenAbrex Місяць тому +1

      She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.

  • @MrBojanglzs
    @MrBojanglzs 2 місяці тому +8

    Jack, love how you call George out and have the confidence to do it.

  • @gingerkilkus
    @gingerkilkus 2 місяці тому +364

    The S&P 500 finished down 20% in 2022. This means long term investors have a great starting point in 2024. Here are 4 very popular ETF’s: $VOO- S&P 500 fund $VTI- Total US stock market $QQQ- High growth, tech $SCHD- Growth + Dividends| I just tallied my dividends for the year;$167k Blessed and grateful, disciplined and focused.

    • @leojack9090
      @leojack9090 2 місяці тому +5

      My "boring" index funds just paid me over $116,000 in dividends last month. This is money that i can choose to spend without having to sell any of my shares. But for now i have it all set to reinvest to buy me even more index funds.

    • @fadhshf
      @fadhshf 2 місяці тому +3

      Anyone have recommendations for a reliable monthly investment? I hope to ultimately supplement my income from work with a monthly income from investments. I will still make long-term investments, but it would be wonderful to have a little additional money each month.

    • @hasede-lg9hj
      @hasede-lg9hj 2 місяці тому +1

      Even if we are not accustomed to such volatile markets with a little carnage, the widespread frenzy and worry are understandable given that the US Stock Market has been on its longest bull run in history. However, there are opportunities everywhere if you know where to look; with the help of an investment advisor whom helped diversify my portfolio I netted over $260k in profits the previous year.

    • @lowcostfresh2266
      @lowcostfresh2266 2 місяці тому +3

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $175k to $450K

    • @hasede-lg9hj
      @hasede-lg9hj 2 місяці тому +2

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

  • @kortyEdna825
    @kortyEdna825 Місяць тому +4

    I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.

    • @brucemichelle5689.
      @brucemichelle5689. Місяць тому +2

      Those sound like great picks! consider financial advisory so you don’t keep switching it up, top 3 payers for the month were $OHI, $KMI, and $EDP... not bad for 350k

    • @KaurKhangura
      @KaurKhangura Місяць тому +2

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.

    • @carssimplified2195
      @carssimplified2195 Місяць тому +2

      I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @KaurKhangura
      @KaurKhangura Місяць тому +1

      I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @carssimplified2195
      @carssimplified2195 Місяць тому +1

      Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

  • @Peterl4290
    @Peterl4290 Місяць тому +4

    My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

    • @Mrshuster
      @Mrshuster Місяць тому +3

      Diversifying with $VFIAX and $VTI is smart. It’s financial independence, not dependency, that truly empowers.

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Місяць тому +1

      If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 60% early this year. It is, in my opinion, the best way to get started in the industry right now.

    • @sabastinenoah
      @sabastinenoah Місяць тому +1

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Місяць тому +1

      'Annette Christine Conte is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @sabastinenoah
      @sabastinenoah Місяць тому +1

      Thank you for the lead, curiously searched her on the web by her full name and spotted her consulting page, no sweat. Just sent her an email, hoping she gets back to me soon..

  • @DaCk-j6u
    @DaCk-j6u 2 місяці тому +27

    Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

    • @AnthonyAntoinetteNwaurugu
      @AnthonyAntoinetteNwaurugu 2 місяці тому

      Wow you give me hope

    • @AnthonyAntoinetteNwaurugu
      @AnthonyAntoinetteNwaurugu 2 місяці тому

      Am 49..am From norway…

    • @sergiorom33
      @sergiorom33 2 місяці тому

      Please how's that possible, I'm curious

    • @sergiorom33
      @sergiorom33 2 місяці тому

      Please how do i go about it, am still a newbie on investment trading and how can I make profit?...
      .....

    • @DaCk-j6u
      @DaCk-j6u 2 місяці тому

      Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Gladdis chada

  • @phillipwilson4360
    @phillipwilson4360 2 місяці тому +12

    My ears turn off once George starts talking. 45 minutes of rambling on a topic, and he says nothing.

    • @MC-oo4pk
      @MC-oo4pk 2 місяці тому +1

      Couldn't agree more

  • @Elcanario91
    @Elcanario91 2 місяці тому +11

    This guy does not understand that fiscal deficits don’t always imply growing money supply… example: Japan’s huge fiscal deficit since 1990 to 2005, crash in all asset classes and real economy prices

  • @MullerNita76
    @MullerNita76 2 місяці тому +43

    *Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*

    • @MullerNita76
      @MullerNita76 2 місяці тому

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

    • @WillPerry-b7r
      @WillPerry-b7r 2 місяці тому

      I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.

    • @WillPerry-b7r
      @WillPerry-b7r 2 місяці тому

      You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.

    • @MullerNita76
      @MullerNita76 2 місяці тому

      SHE IS ON TELEGRAMs

    • @MullerNita76
      @MullerNita76 2 місяці тому

      @LauraGil52

      That's it >>>>>>

  • @Paul-v2h
    @Paul-v2h Місяць тому

    Great Pod cast. Thanks. Great to know this kind of content available...otherwise we (The People) would never hear/see it!

  • @ScottHerzog-S.r
    @ScottHerzog-S.r 2 місяці тому +54

    Nobody knows until everybody knows. The Gold price will spike faster than we can imagine after 10/22/2024. The interest rates and the inflation will go to the roof. As a result the unemployment rate will skyrocket and the crimes won't be under control. The peole will suffer to put food on the table and the homeowners will become poorer than the smart part of the renters. Remember, the homeownership is a lifestyle not a wealth. The house is a depreciating asset and any house older than 30 yeas of age is considered an old house..... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @RichieMerrick-s5v
      @RichieMerrick-s5v 2 місяці тому

      Adriana Jensen program is widely available online..

    • @EricBell-im9rb
      @EricBell-im9rb 2 місяці тому

      The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.

    • @HaydenRoberts-m8t
      @HaydenRoberts-m8t 2 місяці тому

      I appreciate the professionalism. and dedication of the team behind Adriana's trade .signal service.

    • @ChrisBickley528
      @ChrisBickley528 2 місяці тому

      Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.

    • @PeterSayer238
      @PeterSayer238 2 місяці тому

      Adriana.goes deeper than just looking at surface-level trends.. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..

  • @Lights_Darks
    @Lights_Darks Місяць тому

    Really enjoyed this. The time flew by. Thanks, Jack!

  • @davisutton1
    @davisutton1 2 місяці тому +4

    Hmmm, it's always worth considering views contrary to your own and this is very much the case here. The concern I have is these guys are describing a two-year limp up at the end of an explosive market. Has this ever happened before? I don't think so. Now, that doesn't mean it cannot happen but to surge as much as the market has then limp up maybe 15% over 2.5 years, nah, I just don't see it. Even David Hunter's moon shoot to 7,000 but over a much shorter period makes better sense than this hopelessly contrived scenario. I think we are entering the zone when all the gains fall to those who make highly improbable predictions. They lose little if they are wrong and become superstars if they Forrest Gump it.

  • @dt-jy1ig
    @dt-jy1ig 2 місяці тому +6

    What’s with all the tin foil behind George? Used for hat making?

  • @cubeh8331
    @cubeh8331 2 місяці тому +2

    George’s pronunciation of Chick Fill-A and Nvidia almost killed me.

    • @davidanalyst671
      @davidanalyst671 2 місяці тому

      his point about chick filla is unbelievable. He said chick filla in california pays more when inflation hits. Thats great, but nobody wants to live in california, and not everyones wages adjust.

  • @timothypotter359
    @timothypotter359 2 місяці тому

    What an epic episode! Thanks for pinning these ideas down Jack.

  • @jsnots
    @jsnots Місяць тому

    Statistical procedure
    Bootstrapping is a procedure that estimates the distribution of an estimator by resampling data or a model. It assigns measures of accuracy to sample estimates, allowing for the estimation of almost any statistic using random sampling methods

  • @MAYUR_GVT_OFFICIAL_23
    @MAYUR_GVT_OFFICIAL_23 2 місяці тому

    Versidium is being mentioned everywhere - definitely a project to watch!

  • @davidanalyst671
    @davidanalyst671 2 місяці тому +1

    Did blockworks pay George per word on this podcast?

  • @Bingo-hs6rf
    @Bingo-hs6rf 2 місяці тому +9

    Every guest that comes on Blockworks looks BROKE.

    • @Bingo-hs6rf
      @Bingo-hs6rf 2 місяці тому +3

      yea , i take advice from some fool with a window AC unit . Brah

  • @anjupanday3450
    @anjupanday3450 2 місяці тому

    My top three for the bull run: ADA, AVAX, and SOL. But the best presale? Definitely Versidium.

  • @lindamckenzie6885
    @lindamckenzie6885 9 днів тому

    You did a good job of pushing back

  • @DetVeg
    @DetVeg 2 місяці тому

    Out of nowhere… “if an asteroid hits Detroit!” 🤣🤣🤣

  • @jonathanlee5185
    @jonathanlee5185 2 місяці тому

    Mel makes some intelligent observations. Yes, at-paypacket deductions that pension funds spend as flows into passive investment vehicles are a big market driver, even though they might not be included in classical M2.

  • @yclept9
    @yclept9 2 місяці тому

    Fed open market transactions selling debt until interest rate rises to the target means that the dollar supply gets smaller if they raise the interest rate target. Furthermore any other source of dollars is sterilized by that operation -- it soaks up those dollars too. The interest rate target is the dollar supply world.

  • @troy8231
    @troy8231 2 місяці тому

    Great discussion

  • @HK_GAMER258
    @HK_GAMER258 2 місяці тому

    Just shifted my focus to presales, especially Versidium. Early investment is key!

  • @Elcanario91
    @Elcanario91 2 місяці тому +7

    This video will age like milk lmao. It’s funny how clueless these guys are, they will of course say everything was obvious in 12-24 months

    • @sonyjoseph5426
      @sonyjoseph5426 2 місяці тому +1

      All these talking heads did not see 2008,2019, covid fiscal spending consequences , 5% 1:53:04 fed interest rate hike , colapse of SVB , BTFP

    • @Elcanario91
      @Elcanario91 2 місяці тому

      @@sonyjoseph5426 exactly

  • @sewnsew6770
    @sewnsew6770 2 місяці тому

    The problem with fiscal dominance as the Soviet Union showed is that government bureaucracy is incompetent and it becomes a very sad and bad life
    That’s where USA is going
    USAA
    It’s already 45 percent of the economy in USA the governments federal state and local

  • @kurgin
    @kurgin 2 місяці тому +4

    more like the S&P 5

  • @GeneralJakass
    @GeneralJakass 2 місяці тому +4

    Guessing you guys ran out of people to interview.

  • @collectionguru8825
    @collectionguru8825 2 місяці тому

    Dropped all my small caps - focusing on BTC, Versidium, and maybe some ETH.

  • @sanshuma0
    @sanshuma0 2 місяці тому

    Wow fabulous combo !!!! just wow!

  • @ianmorgan7113
    @ianmorgan7113 2 місяці тому

    Yes, government spending is stimulative in the short term, but it doesn’t matter who you are or where you are if you don’t have a positive ROI eventually you will have a collapse because you can neither print nor tax way out of recession, depression, or leveraging

  • @DushasanaSabar-dx7gk
    @DushasanaSabar-dx7gk 2 місяці тому

    I see Versidium as a long-term hold. Great fundamentals!

  • @chimpspecialist
    @chimpspecialist Місяць тому

    Thumbs up for the shout out to the shmoes.

  • @lnd3005
    @lnd3005 2 місяці тому +2

    Almost everything out of Robertson's mouth is tedious

  • @mattanderson6672
    @mattanderson6672 2 місяці тому

    Thanks

  • @albeit1
    @albeit1 2 місяці тому

    Deficit spending may go to the private sector. But where is in coming from?
    Government isn’t creating anything. It’s borrowing money that would have been available to the private sector. Government borrowing increases everybody else’s interest rates. Just as surely as its dollar printing devalues everybody else’s dollars.

  • @MarkShinnick
    @MarkShinnick 2 місяці тому

    Some of this is a bit bizarre such as the USA total public/private debt ratios spilling beyond serviceability all in the context of never-before collapsing demographics ...yet arguments being seriously made here that this situation is at least as recoverable from as previous debt holes.

  • @ivayloivanov8153
    @ivayloivanov8153 2 місяці тому

    If the 30-mortgage rate is the "real" long term risk-free rate in the US the yield curve in the US has NEVER been inverted relative to the 3-month Treasury. It never even came within 100 basis points. This is just garbage.

  • @dreamthinkman
    @dreamthinkman 2 місяці тому +1

    Hmm, first I thought that George has a very interesting perpendicular view to many. But boy the level of his ignorance is unbelievable (like around 2:18:00)

  • @ArvindMahto-gp6uw
    @ArvindMahto-gp6uw 2 місяці тому

    Anyone else hearing about Qventi? It’s getting a lot of buzz, just like Versidium.

  • @nonexistent5030
    @nonexistent5030 2 місяці тому

    When a substantial proportion of "macro traders" reveal themselves as being only "barely proficient in speaking gobbledygook " and inherently incoherent in their thesis.
    We are all doomed.

  • @internettoughguy5943
    @internettoughguy5943 2 місяці тому

    Nobody notices the housing inventory and commercial real estate market 💀

  • @wiamlaamoumri2375
    @wiamlaamoumri2375 2 місяці тому +2

    I've learned_ a lot about cryptocurrency advancements and want to get involved. I'm hoping to find a good mentor.❤

    • @melissaziglar6620
      @melissaziglar6620 2 місяці тому

      I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

    • @melissaziglar6620
      @melissaziglar6620 2 місяці тому

      Evelyn Turner is the professional that guides me and her optimal returns are really impressive

    • @Sofia32872
      @Sofia32872 2 місяці тому

      Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

    • @Stefanie-qj7lw
      @Stefanie-qj7lw 2 місяці тому

      Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

    • @samuel2149
      @samuel2149 2 місяці тому

      Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this

  • @RahimMadison
    @RahimMadison 2 місяці тому +29

    The market's volatility makes DIY dangerous. You do not need to identify the next NVDA to be successful in investing. Choose top-tier ETFs, dividend aristocrats, and a trusted advisor. I turned $180k into $200k in quarterly dividends, which is an exciting milestone

    • @nealremy6635
      @nealremy6635 2 місяці тому +1

      For the regular, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.

    • @MaithaShamma
      @MaithaShamma 2 місяці тому

      Since I haven't taken any concrete action, I have been thinking about getting one. Could you refer your advisor to someone else? I sincerely could use some of your assistance.

    • @RahimMadison
      @RahimMadison 2 місяці тому

      *Layan Talia Chokr* is her name,You are most likely to find more info when you look her up on the internet.

    • @MaithaShamma
      @MaithaShamma 2 місяці тому

      Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon

    • @twisterli9177
      @twisterli9177 2 місяці тому

      What's your capital?

  • @richardgiggles5094
    @richardgiggles5094 2 місяці тому

    Jack, you really need to make George accountable, otherwise he shouldn’t be here for 2+ hours. He asserts much casually and with authority but clearly doesn’t understand it. Eg gdp = nominal rate. His answer is Keynes/Arrow told him so! That is ridiculous, particularly given how central that is to his other arguments about the true risk free rate, etc. He read just enough to be sound smart. His other ploy is talk A LOT. You would never let Howell, Green,Pettis etc get away with that. Then again, they actually know their material.

  • @BhagawanMnrai
    @BhagawanMnrai 2 місяці тому

    Got a strong feeling Versidium will go 100x once it hits Binance.

  • @TexasRiverRat31254
    @TexasRiverRat31254 2 місяці тому +2

    Must be nice to live in a bubble.

  • @vsanzjimenez
    @vsanzjimenez 2 місяці тому

    42:47 you can hear reaction on what ridiculous sounds what george is saying

  • @Elcanario91
    @Elcanario91 2 місяці тому +4

    Not true, huge errors in this video. Even with deficit spending money supply is contracting, which is what is important. Japan 1990. Huge money printing for 10-15 years and still deflation in the real economy and asset deflation. They are wrong

    • @YourLifejacketFirst
      @YourLifejacketFirst Місяць тому

      @@Elcanario91 where do you get your theories btw? Where is the deflation? Fed just announced cutting rates too

    • @Elcanario91
      @Elcanario91 Місяць тому

      @@YourLifejacketFirst do you notice cutting rates has been deflationary in the past? Just overlap the Fed rate chart with the CPI. It’s not a “theory” , it’s history

    • @YourLifejacketFirst
      @YourLifejacketFirst Місяць тому

      @@Elcanario91 asked a legit question and you sound actually butthurt. Chill dude. I'm actually interested, because I think deflation in some assets is possible, but food and energy and housing , gold? No. Those will keep going up. That's how I understand it. Could be wrong.

    • @Elcanario91
      @Elcanario91 Місяць тому

      @@YourLifejacketFirst search “truflation US index in google”. The Fed cpi has a 6 month lag

  • @steveedwards2143
    @steveedwards2143 15 днів тому

    That guy is nuts.

  • @thomasmazzola4760
    @thomasmazzola4760 2 місяці тому

    Commercial real estate is dead. Residential real estate is dead Layoffs are happening at an alarming rate.

  • @twisterli9177
    @twisterli9177 2 місяці тому

    Gdp is reducing not increasing.

  • @sammyvh11
    @sammyvh11 2 місяці тому

    No one knows where the deficit sending finally ends up. Maybe it all ends up in a bitcoin global currency? Maybe it ends up in runnaway precious metals. Maybe its actually doable to have deficit infinity? No one knows. Its always a house of cards. Always.

  • @roger_rogers
    @roger_rogers 2 місяці тому +1

    can we get some color on the tinfoil behind george? important for interpretation.

  • @AnandKumar-zi3cn
    @AnandKumar-zi3cn 2 місяці тому

    Versidium = opportunity. Don't sleep on it!

  • @claramarie8541
    @claramarie8541 Місяць тому

    The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

    • @Harris_j1
      @Harris_j1 Місяць тому

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @claramarie8541
      @claramarie8541 Місяць тому

      I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

    • @claramarie8541
      @claramarie8541 Місяць тому

      “Jessica Lee Horst” is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @Taylor_m16
      @Taylor_m16 Місяць тому

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

    • @Taylor_m16
      @Taylor_m16 Місяць тому

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @davidanalyst671
    @davidanalyst671 2 місяці тому

    George Robertson is really detached from society. He is in the investor class, and he has no idea how bad most americans hurt when inflation hits, and wages dont change. He said wages automatically change in California with inflation. Well, not everyone wants to live in a failed communist regime like California. There are 49 other states, 4 territories, and 4-5 actual countries that have dollarized where prices go up and wages dont. He said inflation is a tax. Yes, good good, and then he said the federal reserve is the greatest thing ever. Not good, not good...... George Robertson is playing a persona here, because that is just a joke that inflation is a tax, and the federal reserve is a great system. Thats not a logically consistent position

  • @DoughertyRansom
    @DoughertyRansom 2 місяці тому +43

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Stewart.

    • @HeatherGuzman470
      @HeatherGuzman470 2 місяці тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @AndrewLevi554
      @AndrewLevi554 2 місяці тому

      Katherine Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

    • @DannyRodriguez158
      @DannyRodriguez158 2 місяці тому

      Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

    • @WilliamHartwin21
      @WilliamHartwin21 2 місяці тому

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @ChristineWalken
      @ChristineWalken 2 місяці тому

      The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

  • @Amit_majhi_01
    @Amit_majhi_01 2 місяці тому

    Versidium's community is strong, love the vibe!

  • @eccentricccc
    @eccentricccc 2 місяці тому +9

    Almost ever single comment in this video are ai bots trying to scam people. LOL I guess nobody real watches Bloackworks.

    • @Mathematics.is.perfect
      @Mathematics.is.perfect 2 місяці тому +4

      All the people who do watch are not the comment in youtube videos type.

    • @BlockworksHQ
      @BlockworksHQ  2 місяці тому

      ai bots litter every financial UA-cam platform, not unique to Blockworks. we try and delete them but it can be overwhelming.
      all views are real.
      -Jack Farley

  • @JakeAllen3
    @JakeAllen3 2 місяці тому

    Love listening to George! Great guest

  • @chatgpt-n8r
    @chatgpt-n8r 2 місяці тому

    no way

  • @philipdartnell
    @philipdartnell 17 днів тому

    Remind me to never watch another conversation featuring George Robertson. He is beyond clueless.

  • @marionalbergo1146
    @marionalbergo1146 2 місяці тому

    Brilliant interview…..

  • @drajdew1664
    @drajdew1664 2 місяці тому

    These guys are uber bullish mollycoddled by easy monetary policies.
    😅

  • @s.vgaming856
    @s.vgaming856 2 місяці тому

    Seeing Versidium's progress, I'm beyond impressed!

  • @rahiesheikh6622
    @rahiesheikh6622 2 місяці тому

    Versidium's vision is clear, I'm on board.

  • @jasonrgann
    @jasonrgann 2 місяці тому

    ❤❤❤✝️✝️✝️

  • @KrishnaSahni-l8s
    @KrishnaSahni-l8s 2 місяці тому

    Versidium's tech is next level, truly innovative.

  • @prabh...jot...999
    @prabh...jot...999 2 місяці тому

    Versidium's momentum is real. Getting on this!

  • @Timothy_Pitt
    @Timothy_Pitt Місяць тому

    Poor quality discussion, sorry
    No more like this, please
    Mattison is ok, but best by himself

  • @TaraMuniya
    @TaraMuniya 2 місяці тому

    Will Versidium outpace XRP in the next pump? Looks promising!

  • @anniealexander9616
    @anniealexander9616 2 місяці тому

    1st

  • @deelipdeelip7160
    @deelipdeelip7160 2 місяці тому

    Versidium is changing the game, watch out!

  • @Weetorp
    @Weetorp 2 місяці тому

    George has so stupid claims that it really makes one sit down and think through how things actually work.

  • @SanthoshSanthosh-yo8py
    @SanthoshSanthosh-yo8py 2 місяці тому

    Seriously, don’t wait - buy Versidium now before it skyrockets!

  • @deanbrooke7103
    @deanbrooke7103 Місяць тому

    George is a waste of oxygen. Honestly. Get a new guy.

  • @agarwaludit8b352
    @agarwaludit8b352 2 місяці тому

    Diving deep into Versidium, liking what I see!

  • @PrienceYogarajKing
    @PrienceYogarajKing 2 місяці тому

    Versidium's on my radar, looks promising!

  • @SunnyYadav-ng4ik
    @SunnyYadav-ng4ik 2 місяці тому

    Holding Versidium tight, expecting big moves!

  • @jcgoogle1808
    @jcgoogle1808 2 місяці тому +2

    Jack always falls back on his old MMT college alma mater battle cry,.. "an irresponsible, insane and detrimental government fiscal deficit is a surplus to the private sector"
    And what does that do for ya?
    Why not just write and send $1 million treasury checks to every citizen in the US each year,.. oh wait,.. what they heck,... send a $1 million US treasury check to everyone person in the world each year and that should solve every problem any person could ever have?
    That should be fine with MMT Jack here.
    Here's what we have,..
    6 to 10% government vote buying deficit spending generating about 1 to 2% real GDP growth giving us about 5% steady state inflation.
    What we should have is
    0% (in bull cycles) to 2% (in recessions) government deficit spending
    with pro-private sector business regulations (for starters cancel the Bribem admins' executive orders to destroy the fossil fuel industry,.. which caused oil and other forms of energy and therefore the prices of everything else to skyrocket)
    generating about 4 to 6% real GDP growth,..
    with the DEFLATION that would result being handled by the ebbs and flows of the fractional reserve banking system.
    There was absolutely no reason for this coruptincompetentsenileoleJoe admin and thedemcorats to continue to spend 50% more in 2021, '22, '23 and '24,... years after the pandemic is over,. than was spent the year before it started.
    When Trump left office,.. the economy was growing at 6% with inflation under 2%.
    It wasn't 9% when senileoelJoe took office as he and the demcoratsclaimed.
    No need to waste nearly 2.5 hours listening to 2 guys tell us how stimulative (aka inflationary to risk assets and of course to consumer prices) the deficit spending is.
    Just see,...
    6 to 10% government vote buying deficit spending generating about 1 to 2% real GDP growth giving us about 5% steady state inflation.
    Truflation and even the BLS numbers are just BLBS.

    • @lennybriscoe6133
      @lennybriscoe6133 2 місяці тому +1

      Poor MAGA, living on the DonOld fainting couch while he drools into the ether trying to form coherent sentences. LOLOL!

  • @PFlow007
    @PFlow007 2 місяці тому

    I like the guess but the guy do in the interviewing is a f****** know it all...