U.S. Economy is "Barreling Towards Disaster" with Adam Taggart

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  • Опубліковано 23 лют 2024
  • No stopping the U.S. economic disaster ahead (barreling out of control) with @adam.taggart
    #useconomy #housingmarket #usrecession
    Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor.
    Any information provided in this and any of Sachs Realty's videos and/or descriptions are for entertainment purposes only and not to be construed as broker representation, legal, financial or tax advice. All content written, spoken or implied is for informational purposes and deem to be accurate, but not guaranteed. It is your sole responsibility to verify any and all information for accuracy and correctness.
    Todd Sachs or Sachs Realty is not representing you unless you have a written representation agreement. This is not an advertisement for a property for sale, and if you're currently represented by another Real Estate Brokerage, this is not an attempt to solicit your representation.
    Sachs Realty is EVERYTHING REAL ESTATE!
    Looking to buy or sell? We efficiently assist buyers, sellers, landlords and tenants in Maryland with both residential and commercial real estate services.
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    If you're in need of residential or commercial assistance, you can always expect timely, reliable and top-notch service from Sachs Realty or any referral agent we recommend.
    What's your real estate need? We want to hear from you! Email Todd Sachs directly at ts@sachsrealty.com with your inquiries.
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КОМЕНТАРІ • 1 тис.

  • @smithstock
    @smithstock 3 місяці тому +192

    What a humble, intelligent and insightful guy Adam Taggart is. Thanks for letting Adam expand on his personal journey as well as the current state of finance and the economy.

    • @paulmontgomery9838
      @paulmontgomery9838 3 місяці тому

      yea, outside of the economy sputtering in reverse, the rich are doing great, 90% plus people are done or on their way, banks insolvent, credit boiling over from past and frozen tight for future, no infrastructure repairs, streets are the new air bandb, election year stats, are you kidding?

    • @robyngamble5324
      @robyngamble5324 3 місяці тому +2

      A new book for Adam to read beneath sheep’s clothing by Julie behling very informative

    • @Alexandrite.101
      @Alexandrite.101 3 місяці тому +6

      He is a gentle, wise soul to be sure.

    • @judyfabion8849
      @judyfabion8849 3 місяці тому +9

      Yes, Adam is so intelligent, yet such a pleasant and informative person with a goal to help those who are not just the elites.

    • @johncwilliams4089
      @johncwilliams4089 3 місяці тому

      Hi Adam, watched you on UA-cam alot in the past. Lost track of you.
      Do you have a new UA-cam channel to join.
      Thanks,
      John

  • @ZoomedOut2020
    @ZoomedOut2020 3 місяці тому +82

    The best two hours of conversation I’ve been exposed to this year….Bravo.

  • @redtiger7268
    @redtiger7268 3 місяці тому +12

    When Adam talked about the family formation and social contract near the end he is spot on. A lot of men and women I know are opting out of having kids due to social decline. Some are agreeing with Adam that it is to expensive, others are saying that even though right now they can afford kids there is a real fear that one day their jobs may just lay them off for a cheaper worker. They do not want to run the risk of having a kid and then forcing that kid to live in poverty because corporations no longer have any loyalty to this country.

  • @randyd7557
    @randyd7557 3 місяці тому +63

    It was so nice to see Adam interviewed. He's a class act. Nice job, Todd.

  • @changyang6775
    @changyang6775 3 місяці тому +108

    Love Adam Taggart! What a gentleman and beautiful soul! One of the most needed people in this tumultuous time!

    • @yavor19121
      @yavor19121 3 місяці тому

      Todd is a treasure too. Maybe the one honest RE Agent out there. Based on my bad experience working with one agent.

    • @Tactical_Toaster
      @Tactical_Toaster 3 місяці тому

      He’s one of the good guys

    • @bisheshchapagain7174
      @bisheshchapagain7174 3 місяці тому

      ya ya at top you gonna stuck after 6 mnth then when he ganna be right .

  • @erinsweet8147
    @erinsweet8147 3 місяці тому +113

    I love my UA-cam cross over episodes! 😂 Sachs and Thoughtful money. ❤ I’m a stay at home mom and we live on one income. Y’all getting ugly out here. My husband gets short term assignments for work and the pay has dropped 20% from November. Everything is so much more expensive. It’s validating to hear very smart people like you all talk about the economy and not gaslight us that everything’s dandy.

    • @nonexistent5030
      @nonexistent5030 3 місяці тому

      Corporate media is for the rich. Everything's fine for them. Not the rest of us though.

    • @george0r510
      @george0r510 3 місяці тому

      your correct that this interview was not gaslighting, however, I did not see any advice, or directional targetes they providede to you or me. It was over a 2 hours history lesson?? Do you really need a 2 hours history lesson????? I have been listening to Adam since her started like 3 or 4 years ago. All the commentary is not much more then history lessons. Not one commentator has applied the totaly approach of calling out the problems in DETAIL except squak about history and what we did live. Men, and all other Commentators that read this,
      WHAT NEXT???? Not one of you have any idea and it took over 2 hours to say it????? WTF??
      we have spoofing in markets, which is MMT at it's best which is not the American Charter, if you can call it that. Controled markets are not FREE MARKETS. GIFT GIVING TO LABOR, in the form of extended unemployment, like Obama did in the most highlight way is really stealing from that labor, and the business they work for, it does not help. NOt one of you are saying incentives to get jobs back into the U S A, or not one of you is saying WE AS A INDUSTRY OF COMMENTSARY ARE DEVELOPING A ADVISOR BOARD TO HELP GUIDE REALITY INFORMATION AND SUGGESTIONS TO OUR LEADERSHIP. NOT ONE OF YOU ARE SCRAMING ABOUT THE CRIMES TAHT ARE HAPPENING IN THE ECONOMY, TO THE POINT WEHRE IT IS BEING OUTTED IN DETAIL. ONLY THING IS HISTORY AND 2 HOURS OF IT. BS. GET OFF DED CENTER BE SOMBODY IN P;LACE OF A TALLY KEEPER COMMENTARY IS A DIME A DOZEN. THE ENTIRE AMERICA SYSTEM IS GOING AWAY FOR LESS, AND WE ARE BEING TOLD LESS IS BETTER, AND THROUGHOUT THE ENTIRE TIME THE CONSTITUTION IS BEING SET ASSIDE AND GETTING RAPED AND YOU ALL SEE IT, AND GIVER HISTORY LESSIONS. IT IS ALL BS

    • @theskyizblue2day431
      @theskyizblue2day431 3 місяці тому +12

      @@george0r510keep crying dude. You want him to predict the future for you? Nobody can tell you what to do. Pay attention to the history and you’ll figure out what you can do for yourself.

    • @angelachanelhuang1651
      @angelachanelhuang1651 3 місяці тому +2

      survival skills

    • @nataliaserguienko1161
      @nataliaserguienko1161 2 місяці тому

      You chosen to live on one income and have children. Usually logical people before get extra mouthed have to make sure they have enough money to do so and decide to make children when not enough money and live on one income. You have to work 2 jobs without children then make investments then plan children animals or other goals like travel or retirement

  • @bernadettritah2188
    @bernadettritah2188 2 місяці тому +114

    There is NOBODY out there that I know of, who has been more consistently accurate than indeko glenn, time and time again. The recent 63k top/turnaround played out almost perfectly, and as of right now the 70k top/turnaround played out as close to perfect as possible. Plus she called the top of the previous cycle, and called the bottom of this cycle. She does not miss, and it's almost uncanny. She is easy to reach, 0/\/ qooqle indeko glenn.

    • @zhanglikim650
      @zhanglikim650 2 місяці тому

      Mind if I ask you to recommend this particular professional you use their service?

    • @bernadettritah2188
      @bernadettritah2188 2 місяці тому +6

      Find her online with her name.

    • @zhanglikim650
      @zhanglikim650 2 місяці тому

      Okay I will google her, thank you

    • @professor7329
      @professor7329 2 місяці тому

      I have seen so many recommendations about indeko glenn, her strategy must be good for people to talk about her

    • @ericjohan8047
      @ericjohan8047 2 місяці тому

      As a beginner, the best you can do for yourself is to get a professional that will handle your account and minimize lost to it's nearest rate.

  • @deedevries1123
    @deedevries1123 3 місяці тому +67

    I remember 6 months ago Peter Schiff was on Neil Cavuto FOX channel and they were showing the debt clock at 31 trillion, Peter says "well your debt clock your showing is wrong, it's 34 trillion, your showing a old debt clock". Way to go Peter with keeping them honest.

    • @yavor19121
      @yavor19121 3 місяці тому

      I sleep well at night because of Peter Schif.

    • @jonathantaylor6926
      @jonathantaylor6926 3 місяці тому +5

      The 31 trillion in debt was from earlier in the day!

    • @obijuan3004
      @obijuan3004 3 місяці тому

      Peter Schiff is always mister doom and gloom. Gold sellers need fear to sell gold.

    • @yavor19121
      @yavor19121 3 місяці тому

      @@obijuan3004 Don't listen Peter Schiff, keep your money in the bank for interest !

    • @obijuan3004
      @obijuan3004 3 місяці тому

      @@yavor19121I invest in the stock market and high yield accounts. There is no money in bank savings. There's no big money in gold either.

  • @lanab4103
    @lanab4103 3 місяці тому +46

    We married in the early '80s and I stayed home with the kids. You are spot on brother. Few women can handle a career AND run a happy home. Something has to give. My husband said "I'll make the living and you make the living worthwhile " and we made the sacrifices to do it

    • @sbhg3166
      @sbhg3166 3 місяці тому +9

      Same with us and our friends - I was glad to be The working mule to fund the most important thing - our home life, with wives/moms being the central coordinators.

    • @kristina-oy3zs
      @kristina-oy3zs Місяць тому +1

      Meanwhile my husband wants me to keep working my career and take care of the baby with no daycare or nanny while I work lol. Shouldn’t have gotten pregnant 😂

    • @emilyveronicam
      @emilyveronicam 14 днів тому

      I got married and had my first in 2000. We both had to work to pay bills and daycare. I wish it wasn't that way. I think my kids and so many others have issues because of poor mother child attachment. Mental health, adhd, autism. Some could be because of environment factors as well. Processed foods, pesticides, corn syrup. So many things have changed in the past 50 years that are like causing the family to breakdown. I have dealt with depression that I think stems from being overwhelmed with work and caring for children and not having the time needed as a mother to be them and having to leave them in daycare. All due to this messed up economy.

    • @ReGenMed83
      @ReGenMed83 10 днів тому

      Glad that worked for you, but I would never and could never.

  • @Ella-Bella2024
    @Ella-Bella2024 3 місяці тому +15

    Great discussion. And, thanks Todd. I was a career stay-at-home mother and I was proud to serve both my family and community. You're right, Todd. A lot of people don't understand or value the work that we do and assume that we are unintelligent. The stay-at home parents that I knew were brilliant. Thanks for the recognition, Todd. I've also been a working mother. Shout out to all the working mothers, too. There's a reason that I came home to be with my kids. I was looking for a more equitable workload between my husband and myself, and I found it.

  • @BenBak-wt7qi
    @BenBak-wt7qi 3 місяці тому +139

    I foresaw the housing crisis and sold my property. I then put it in the market, about $200,000 of it. That was late February. I've lost more than 40% of my portfolio's value. It makes me really sad. How can I turn this situation around?

    • @Jennapeters144
      @Jennapeters144 3 місяці тому +3

      This is really sad. If you're not who understands strategies to invest in the market, why not seek a financial advisor to help you grow your portfolio?

    • @AanyaDarika_
      @AanyaDarika_ 3 місяці тому +2

      Having an investment advisor is the best way to go about the stock market right now. I’ve been in touch with an Advsr for a while now mostly and I made over 95% profit within a short time.

    • @BenBak-wt7qi
      @BenBak-wt7qi 3 місяці тому +1

      That's impressive! I could really use the expertise of your advisor. Could you recommend who you work with, please?

    • @AanyaDarika_
      @AanyaDarika_ 3 місяці тому +3

      The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

    • @BenBak-wt7qi
      @BenBak-wt7qi 3 місяці тому +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @benjaminblumberg1335
    @benjaminblumberg1335 3 місяці тому +7

    It sounds like Adam was raised by a kind, loving, and empathetic mother who just didn't have a lot of money. His upbringing shows in the fact that he is a thoughtful and respectful gentleman. Keep up the good work.

  • @CoyoteOfSC
    @CoyoteOfSC 3 місяці тому +65

    This is like the Avengers of Finance... way to go Todd.

  • @Laney_75
    @Laney_75 3 місяці тому +33

    This discussion got better & better as it went. Thank you guys for such in depth perspective & analysis.

  • @kristenmerrill-nl2dh
    @kristenmerrill-nl2dh 3 місяці тому +37

    Looovvvee Adam. What a good human and wise mind. Thanks for hosting him. Your show is climbing in caliber these past several months! Congrats on a job well done

  • @micheal_mills
    @micheal_mills 2 місяці тому +231

    In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

    • @robert-1miller
      @robert-1miller 2 місяці тому +5

      If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @donna_martins
      @donna_martins 2 місяці тому +4

      you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

    • @Walter_hill_
      @Walter_hill_ 2 місяці тому +3

      This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

    • @donna_martins
      @donna_martins 2 місяці тому +3

      Natalie Noel burns is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.

    • @Walter_hill_
      @Walter_hill_ 2 місяці тому +1

      Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Natalie .

  • @RomeoSfait
    @RomeoSfait 2 місяці тому +209

    )Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.

    • @ShukriVikas
      @ShukriVikas 2 місяці тому

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

    • @SheilaAnnerego
      @SheilaAnnerego 2 місяці тому

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @SheilaAnnerego
      @SheilaAnnerego 2 місяці тому

      MEGHAN MAUREEN KRISTENSEN is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @LancEthan
      @LancEthan 2 місяці тому

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @loribayne5109
    @loribayne5109 3 місяці тому +14

    Adam is absolutely correct, we want substance. I routinely listen to 2 hour long shows bc I learn. I much prefer a long substantive show vs 30 minutes of someone's opinions on nothing.

  • @Aceinthehole117
    @Aceinthehole117 3 місяці тому +20

    Best show ever. Adam is great. You guys could go on for several more hours, and I would be there with you

    • @SachsRealty
      @SachsRealty  3 місяці тому +1

      I could have talked to Adam many more hours for sure 🙏

  • @bayoubuttlips
    @bayoubuttlips 3 місяці тому +20

    Absolutely a great interview ! Adam Taggart is one of the best, covered almost every aspect of our dire economic situation. Far be it that main stream news media , right or left will address to this depth ! Two hours well spent suggest taking notes ! Love Sachs Reality channel! 💯✌️

  • @juancarlossilva5501
    @juancarlossilva5501 3 місяці тому +27

    Adam is great. USA was build based in individual Merit, making it possible the modern life. Europe followed and changed their previous aristocracy system to a meritocratic one to correct the imbalance of losers and winners. Now the meritocracy system is presenting the imbalances. Need to find new ways to correct imbalances

    • @frenchfred3
      @frenchfred3 3 місяці тому

      The US have cut taxes for rich people and large corporations transferring more money from the bottom 99% to the top1%, creating more deficits and debt. Europe has unfortunately followed the stupid rhetoric that trickle down economics works.

    • @prolific1518
      @prolific1518 3 місяці тому

      It was never a meritocracy. Fruits from a rotten tree are showing.

  • @gustavodiaz4689
    @gustavodiaz4689 3 місяці тому +19

    My brother in law works for a major company in Michigan and he was telling me that all the senior leadership in the company are about to get layoff. Average salary was 150 k to 250k

    • @nitemoves3157
      @nitemoves3157 3 місяці тому

      Yikes
      Dow Chemical?

    • @2ndLife888
      @2ndLife888 3 місяці тому +4

      Lots of small businesses closing/layoffs happening under the radar right now

    • @robyngamble5324
      @robyngamble5324 3 місяці тому

      Read the book beneath sheep’s clothing by Julie behling it’s all part of the plan

    • @Dollsteak69
      @Dollsteak69 3 місяці тому +1

      The reason for that particular lay off is the salarys.

  • @iktr109
    @iktr109 3 місяці тому +33

    I love Adam Taggart ! I follow his channel, thoughtful money . I see common sense is making a come back .❤️
    There is a lag effect of common sense being on vacation the last few years and we are feeling that now. Excellent interview!! I truly appreciate all of your insights into what’s going on in the housing market (around the 1 hour 18 min and past )section of this video…. talking about the true costs of maintaining homes, and the true cost of all of these new safety measures that builders must adhere to.
    I also see that same principal playing out amongst many different sectors of our American living. This all rolls into the true cost of being an American. I understand a lot of these safety measures, seemed like such an advancement of the old ways, however, it has out priced what the average American can afford. The same principles that you are talking about also apply to the automotive industry, and also owning your own business as well. That same premise Can be applied to multiple things that Americans view as “progress”. There is a HUGE COST with embracing these new rules and regulations. We need a reset.
    The American dream was more attainable when we would have the checks and balances of plain old common sense.
    I have told people in my circle lately that I believe if a car manufacture would start putting out vehicles with “bare bone “ features- like they had back in the day- I think the company would be voraciously successful!!

    • @kristine7304
      @kristine7304 3 місяці тому +2

      I was just talking about cars with bare bones with my husband. We were thinking about how a fully loaded vehicle 30 years ago is the base model now. I don't want all the bells and whistles that a new car has. I want simple, functional, less things that can fail and need fixing for a decent price. That's why I stick with my 1998 car. A new car is not worth the price to me.

  • @seannotaro473
    @seannotaro473 3 місяці тому +44

    As gerald celente says: get in the best shape of your life physically and mentally and emotionally. Your gonna need it to sustain yourself!!!

    • @buy.to.let.britain
      @buy.to.let.britain 3 місяці тому

      good because i have no intention of sustaining feminists and boomers.

    • @truthinkr2931
      @truthinkr2931 3 місяці тому +1

      Add SPIRITUALLY

  • @neighborhoodcatlady6094
    @neighborhoodcatlady6094 3 місяці тому +41

    Love Adam Taggert.

  • @joeharvie8362
    @joeharvie8362 3 місяці тому +11

    Thank you for asking Adam the right questions and having the wisdom to listen .

  • @vedicastrologerkapoor
    @vedicastrologerkapoor 3 місяці тому +21

    Dear Sacks,
    Compliments to you on bringing Adam on your show!!
    We are regular viewers of your channel and follow adam regularly .
    Without any double Adam is one of the most knowledgeable and down to earth person we have ever seen on channels across UA-cam and he deserves to get to share his knowledge that he has that he has gained from many knowledge guests that he has interviewed and his own analysis as well!
    Great work guys!! 💪

  • @saltydog1196
    @saltydog1196 3 місяці тому +19

    Great interview 👍 I've always wondered what Adam is thinking and I'm not disappointed 👏

  • @seannotaro473
    @seannotaro473 3 місяці тому +15

    Adam is soo solid and thorough in his explanation and backing it up with facts!! Luv his work

  • @andremasters6006
    @andremasters6006 3 місяці тому +15

    Its nice to see experienced, data driven, leaders working together with different voices in one chorus. My hope is that eventually it will lead to an aceeptance of the current reality so sobriety can rein once again.

  • @lngtimesurfer
    @lngtimesurfer 3 місяці тому +36

    The "socialism" people/younger generations want isn't about "free" stuff, we pay taxes. It's about getting something in return for those taxes instead of giving it away to the rich and the special interests groups while we're told by the politicians "nothing we can do for you average people"
    It's about accountability

    • @rafaelmariscal9170
      @rafaelmariscal9170 3 місяці тому +5

      I agree, my kids are very heavily taxed because they are single and don't have much in the way of tax deductions or tax credits, paying out probably twice as much as corporations in taxes on income.

    • @JohnQPublic345
      @JohnQPublic345 3 місяці тому +4

      You don't understand that your way, is just feeding the beast

    • @robertrichards4930
      @robertrichards4930 3 місяці тому +4

      It's about free stuff

    • @Metaphysics-for-life
      @Metaphysics-for-life 3 місяці тому +1

      I agree... but we have to make sure that the Gov doesn't have the power to tell us what we can and cannot have in exchange for those "taxes". I believe in UBI, but not if it comes in the form of a CBDC that tells us what we can spend it on.

    • @btimothygordon2777
      @btimothygordon2777 3 місяці тому +5

      The more you require the govt to give the less freedom you have in creating your own Destiny. Read the Founding Docs..if our govt just followed them & stopped manipulating, you're taxes wouldn't be so exorbitant. Needs to reign in govt

  • @bradduke56
    @bradduke56 3 місяці тому +3

    I’m living in a mobile home with my wife and 3 kids under 3, my wife stays home and I own my own business. It’s difficult but it’s rewarding, my kids will be home schooled through a charter school. My oldest is playing T- ball and gets to play with kids his age and as a team.
    As a parent and a man there is nothing more rewarding than having your kids and wife safe and by your side.
    That being said I do not have the time to sacrifice working 40+ hours a week. I have to work for myself to make it work.

  • @lawyer1165
    @lawyer1165 3 місяці тому +5

    Todd, this is your best video in months.
    Shrinkflation: Today I discovered that Charmin toilet paper rolls are now a half inch narrower.

    • @sheilatorres1908
      @sheilatorres1908 3 місяці тому +1

      Yes. My Lysol wipes are now square as opposed to rectangular. Same number but less material.

  • @pauldusa
    @pauldusa 3 місяці тому +12

    Food has gone up 50% not 25%

    • @erinsweet8147
      @erinsweet8147 3 місяці тому +4

      I used to spend $700 on groceries right before the pandemic (I know because I used the Ramsey budget app) and now I spend $1300 a month on groceries. Still cook everything at home.

    • @drajdew1664
      @drajdew1664 3 місяці тому +2

      Not 50 percent.. more like 70 percent.

    • @robyngamble5324
      @robyngamble5324 3 місяці тому

      Read the book beneath sheep’s clothing by Julie behling it’s all by design

  • @stephaniec.2520
    @stephaniec.2520 3 місяці тому +2

    Todd, There was a filmmaker named Aaron Russo who made a documentary about taxes before he died. Mr. Russo had several video interviews on the internet. At one point Aaron Russo ran for political office (I think in Arizona) & at that time he became friends with Nicholas Rockefeller (a Rockefeller). Mr. Russo in an internet video interview said Nicholas Rockefeller asked him: "Why do you think we promoted feminism?" Mr. Riusso said he naively replied: "To make women's lives more fair." Nicholas Rockefeller is said to have replied something like; "No stupid. If we got 2x as many people in the workforce we would gain twice as much in taxes..." (Something close to that.) Thanks to you & Mr. Taggart for very helpful interview. Sorry if my name icon comes up 2x. Computer glitch.

  • @Jayollison722
    @Jayollison722 2 місяці тому +13

    In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.

    • @karencameron220
      @karencameron220 2 місяці тому

      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?

    • @frankhodges7637
      @frankhodges7637 2 місяці тому

      I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.

    • @CharleighAmelia
      @CharleighAmelia 2 місяці тому

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

    • @frankhodges7637
      @frankhodges7637 2 місяці тому

      Marie Ann Treloar

    • @frankhodges7637
      @frankhodges7637 2 місяці тому

      She has been my counselor and coach.

  • @mrsterling5306
    @mrsterling5306 3 місяці тому +4

    Thanks for inviting Adam on.
    Great conversation!!!

  • @jimmeyer777
    @jimmeyer777 3 місяці тому +4

    This is one of your best shows. Adam Taggart was great.

  • @jacquelinerogers2997
    @jacquelinerogers2997 3 місяці тому +2

    Just subscribed because of a host who shows his intelligence by letting his guest speak at length. A channel sharing thought-provoking insights and ideas can't be reduced to a short. Much respect.

  • @jacquelinemitchell295
    @jacquelinemitchell295 3 місяці тому +3

    People are hungry for the truth and y’all are telling it. Thank You.

  • @jonathanmack6285
    @jonathanmack6285 3 місяці тому +3

    Channels like this helps us all realize we’re in this together to get more educated and prepared for what is to come for better or for worse!

  • @Kirneh63
    @Kirneh63 3 місяці тому +4

    One thing that baffles me in regards to the US system is why the elite doesn't seem to understand that if you get as many as possible participating and prospering, you're going to end up making even more money than just trying to grab as much as you possibly can here and now. It's economics standard course 1A! Get as many as possible along for the ride and you'll be even richer. What they're doing now is just stupid capitalism...

  • @Tactical_Toaster
    @Tactical_Toaster 3 місяці тому +2

    Honesty is a rare commodity these days, and talks like these are so refreshing. It doesn’t have to be political to just point out what’s in front of your face. People are struggling, and this country is not what it used to be. Thank you gentlemen.

  • @pjnewton1014
    @pjnewton1014 3 місяці тому +6

    its been like 10 years at least that I realized that this world we live is completely insane, manipulated and would eventually plummet.. but this is the first year that I have noticed others around me and in my circle realize it too...

    • @Dollsteak69
      @Dollsteak69 3 місяці тому +2

      The last time we were in the realm of reality was early 2000's.

  • @sbhg3166
    @sbhg3166 3 місяці тому +3

    You and Adam are a great duo when duscusing the chalanges of our local and global economies that affect us All.
    My wife and I decided that insted of killing ourselves working longer or getting 2 jobs, we retired with our social security & some pensions, we sold or home (with still a big mortgage), Changed our USA address to a none INCOME tax State, then moved to her home country - the Philippines, where our cost of living is way cheaper than California. We rent a 3BD home in a nice gated community for $620/mo. We meet with friends for coffee often. We now live more slowly and simpler.

    • @SachsRealty
      @SachsRealty  3 місяці тому

      Thank you for the super-chat and for sharing your story. 🙏

  • @seth101-hv4st
    @seth101-hv4st 3 місяці тому +3

    An important consideration about housing that people aren’t necessarily looking at is the insurance costs and property taxes are both skyrocketing.

  • @bobrogers5522
    @bobrogers5522 3 місяці тому +7

    0:03 Todd and Adam THANKYOU..This was one of the best video I have ever heard of the problems that society is having at this moment. Yes, it is going to get alot worse. Thankyou for being honest and caring in your way that you have both presented the difficult position we are all in. There is so much I would like to say but there is not enough room here to explain.

  • @iktr109
    @iktr109 3 місяці тому +9

    Yes! I’m a woman and I agree what you’re saying!You will not get a mean comment from me!
    You both are hitting on some MAJOR topics that we as a nation need to address.
    This was a fantastic discussion.

  • @bydarkwaters2055
    @bydarkwaters2055 3 місяці тому +4

    Adam Taggart is awesome. I've been listening to him since Wealthion. Very, very informative. He has achieved his vision, at least for me.

  • @Metaphysics-for-life
    @Metaphysics-for-life 3 місяці тому +9

    1:40:00 I love what you are saying about the value of Moms who create a home and care for their own children!! It breaks my heart when I see young mothers leaving their babies with strangers at day care so they can do a meaningless job to pay for it 😲

    • @Laketexomaliving
      @Laketexomaliving 3 місяці тому

      It was sold as woman's rights, so the elite could tax the half of the American population.. research it to. Know who is behind it.. >

    • @kristina-oy3zs
      @kristina-oy3zs 2 місяці тому +1

      We don’t have a choice. We need two incomes we’re not boomers

  • @sandramarcelabechanpoblaci5043
    @sandramarcelabechanpoblaci5043 3 місяці тому +8

    Awesome guest! I follow Adam for years now, and I think bringing him to your show, with your extremely informed housing field perspective, made for really insightful questions and answers. Especially for us, “Marylanders”!! 😊
    Thank you Todd and Adam!! I must also thank you Todd, for allowing us to learn more about Adam’s personal background. What a nice and humble human being. Thanks to you both, again.🙏🤗

    • @SachsRealty
      @SachsRealty  3 місяці тому +1

      Thank you for your comment 🙏

  • @lanab4103
    @lanab4103 3 місяці тому +17

    Wow!! That's awesome! Love Adam. Thank you for turning the table on him🤠

  • @avenger1212
    @avenger1212 3 місяці тому +7

    Todd man, you are rocking it. And you deserve it too. It's been such a privilege to follow your channel early on and watch it grow to what you have today. I look forward to many more videos from you.

  • @maryandrade148
    @maryandrade148 3 місяці тому +4

    Thank you for discussing the topics the main stream media refuses to touch on. Keep up the great work and I look forward to learning more from Adam.

  • @kinseys.560
    @kinseys.560 3 місяці тому +2

    This is my favorite episode to date! Thank you both for making me feel heard has a young adult (30 yrs) and making sense of this world we've been dealt while providing true value. Thank you for not leaving us in the lurches without support as we have quite an uncertain path to navigate ahead of us. It is so nice to feel like some from the generations ahead of me are willing to hold our hands and help guide us through. You're such a blessing!

  • @CloD44
    @CloD44 3 місяці тому +9

    20:49 President Nayib Bukele Kinda just mentioned something similar in CPAC Yesterday about the inflation .

  • @CynthiaArmstrong7
    @CynthiaArmstrong7 3 місяці тому +3

    I am here til the end. I could do 2 more hours.❤ thanks Todd.

  • @vfine123
    @vfine123 3 місяці тому +3

    Love this episode❤Thanks for speaking the truth!Unfortunately most people are on the hamster wheel of life and too busy to seek knowledge until it’s too late.

  • @CynthiaArmstrong7
    @CynthiaArmstrong7 3 місяці тому +2

    Adam at 1:09 is exactly where my75 yr. Old husband and I are feeling. It’s exactly where we are.

  • @angelsoul3359
    @angelsoul3359 3 місяці тому +7

    What a great interview, both the answers AND the QUESTIONS. I listened to the entire interview and appreciate the long format.

  • @mr.wonderful4307
    @mr.wonderful4307 3 місяці тому +10

    Please stop apologizing for being candid gentleman. Remember why we are watching this podcast. We are looking for the truth.

  • @JohnDaniels
    @JohnDaniels 3 місяці тому +3

    "You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

  • @ginas9317
    @ginas9317 3 місяці тому +10

    Thanks Adam for educating us on Wealth and money. Found you on Wealthion, it’s not the same without you, now I’m a follower on Thoughtful Money. I usually listen to you when I am getting ready for work or on my way to work.

  • @davidr6801
    @davidr6801 3 місяці тому +2

    This is probably the single most insightful conversation I’ve witnessed anywhere for a long time. I’m British and live in the UK, but everything said is equally applicable to what’s going on here too, and Todd genuinely echoes my own thoughts and frustrations 100%. Every word.
    I wouldn’t ever describe myself as a radical, or a conspiracy theorist, I’ve never thought politicians clever enough to conceive a conspiracy…..but maybe bankers and big businesses are? Democracy’s biggest flaw is its short term view with eyes on getting re-elected every 4 years. Banks and lenders don’t suffer this problem…..
    A massive conversion, I look forward to more insights from this brilliant channel.

  • @bruce5895
    @bruce5895 3 місяці тому +6

    Sure buy gold, silver and stocks after the crash when they bottom out. Art and Real Estate too after the crash. If you just held metals, over the long haul they go up an average of 7% a year and there is no third party risk, if you can hold it, you own it.

    • @stevealdrich2472
      @stevealdrich2472 2 місяці тому

      As Gail Tverberg says, gold and silver are great, especially if there is something to buy. The effects of peak oil will probably wipe out most goods, regardless of the financial system.

  • @JOMOPressureWash
    @JOMOPressureWash 3 місяці тому +4

    Adam is such a selfless blessing

  • @grantvegan1442
    @grantvegan1442 3 місяці тому +1

    This has got to be one of the best podcast episodes that I have ever seen. I love Adam and have followed him for years. This interview, where he is the interviewee, he so eloquently puts so many concepts together that explain why we are in the debt cycle mess we are in today. I am late boomer (1964), and will be forwarding this interview to everyone I know that believes, and so many of us do, that something is wrong with society today, and cannot makes sense of it. This podcast will help, but unfortunately, the 4th Turning is upon us. Protect you and your family.

  • @Markus-kb8oy
    @Markus-kb8oy Місяць тому +1

    Adam Taggart is an amazing wise smart man . He has this amazing ability to convey a thought that reflects a non sense approach of what is really going on beyond the door in this pony show USA economy . It is a pleasure to listen to him on his channel seeing tactfully the issues that we currently facing . Keep up the good work Adam😊 and a big thank you!

  • @terryroberts623
    @terryroberts623 3 місяці тому +5

    You two are great people. It is wonderful to hear from people who are smart enough and thoughtful enough to help!!!

  • @Rushwind100
    @Rushwind100 3 місяці тому +4

    I stayed past the 2hr mark! … & I have 5 pages of notes!! TY both!!

  • @theinflationsituation8870
    @theinflationsituation8870 2 місяці тому +1

    Adam is the greatest interviewer in the finance space. So down to earth and the best client book in the business! I can't wait to hear his thoughts.

  • @kmlund42
    @kmlund42 3 місяці тому +6

    The sad thing is that many of us do not have wealth to invest nor barely making it. I was but now have fallen into not being able to pay for all the insurances, taxes, repairs, etc. that I used to be able to save for.

  • @backrack01
    @backrack01 3 місяці тому +4

    Right or wrong.. both of you seem very sincere and aren't trying to sell anyone on something. I enjoy watching both of you guys.

  • @tobyk5149
    @tobyk5149 3 місяці тому +3

    Thank you Todd and Adam for what you are doing. This is a great discussion on such an important topic and so many so-called experts keep gaslighting the public.

  • @linger2001
    @linger2001 3 місяці тому +2

    So good to hear Adam’s story and hear his own thoughts for once. Such a great interview

  • @thomasgilles133
    @thomasgilles133 3 місяці тому +1

    Been listening to Adam for couple years and you for a few months. Both of you are spot on. What you are both speaking to is exactly what I am seeing .

  • @weighttrain1965
    @weighttrain1965 3 місяці тому +11

    Adams Wealthion videos were a staple in my weekend video lineup

  • @glendawilliams5102
    @glendawilliams5102 3 місяці тому +11

    Thank you for this honest info!

  • @DanGilliland-pi4vh
    @DanGilliland-pi4vh 3 місяці тому +2

    Adam, you are a bright, very intelligent man, EVERYTHING you saying is 110%correct , as in asset class like commercial ,homes has nowhere to go but down 30/50% minimum

  • @keithlumpkin93
    @keithlumpkin93 3 місяці тому +6

    Excellent program! You two are the best.

  • @MeJonTheDon
    @MeJonTheDon 3 місяці тому +5

    Yah we can barely justify trying to buy a house with two "good" incomes and it all assumes at least one person doesn't get laid off at worst or that our salaries don't keep up with further inflation at best. Home prices are so extreme that even if we buy and they do go up, we are losing and creating increased risk due to being stretched so thin. I'd rather just rent a small place and have plenty of spending/investment money

  • @johnconnolly9435
    @johnconnolly9435 3 місяці тому +6

    Adam is the best! Love both of your shows, keep it going! 👏🏻

  • @mattanderson6672
    @mattanderson6672 2 місяці тому +2

    Love to see Adam getting interviewed for once, he's brilliant both sides of the interview!!!
    Thanks both

  • @davidaponte7521
    @davidaponte7521 3 місяці тому +2

    Having Adam on Sachs has opened up a new wealth of knowledge and priorities in my life and shows me not just Adam’s integrity but SachsRealty’s as well. Both you gentlemen are an asset to our country.

  • @alabamashagreen2106
    @alabamashagreen2106 3 місяці тому +8

    Great show Todd, Great guest also!

  • @KRD74
    @KRD74 3 місяці тому +4

    Fantastic content! I hope Adam incorporates "Thoughtful Commentary" into his channel to give us insight on what is on his mind every now and then. I'm a 50 yo woman, and I am not the least bit offended by the comments about the evolution of the family structure. The feminist movement is responsible for many great things, but there have also been significant unintended consequences that have developed. I'm not saying the movement is bad by any means, but I think that we need to work on finding a better balance for our future success.

  • @bigworld6788
    @bigworld6788 3 місяці тому +2

    Thanks so much for having Adam on!! I’ve been missing his sage advice and now I know where he landed. To expand on your reflection regarding the deterioration of the nuclear family: perhaps broaden your perspective to having an economy where the average family can thrive with only one parent working outside the home. I know many families in which the higher wage earner isn’t the person in the traditional “Dad” role. The feasibility of thriving as a one income family would also support the numerous single parent households.

  • @yourAIprofessor
    @yourAIprofessor 2 місяці тому +1

    Adam Taggart is a really cool guy. thanks for sharing this heartfelt interview

  • @Find_Amelia_Island
    @Find_Amelia_Island 3 місяці тому +4

    Yay! I'm one of the ones that made it to the 2-hour mark! Love Sachs!! Love Taggart!!

  • @aprilgentile5438
    @aprilgentile5438 3 місяці тому +3

    Very fond of Adam and his interview style. Unfollowed right after I found out he left. Happy I found him on his new platform I wish his great success on his solo endeavor.

  • @julielehman1921
    @julielehman1921 Місяць тому +1

    Really like Adam, humble, calm, easy on the ear. I enjoy his podcasts.

  • @mcgowee
    @mcgowee 3 місяці тому +6

    That did not disappoint.
    Loved watching Adam get interviewed for once, and loved that it was Todd.
    "People are hungry for substance."
    THANKS

  • @davidatlanta1
    @davidatlanta1 3 місяці тому +3

    The wisdom being shared here is breathtaking. Thank you for producing this interview.

  • @quixomega
    @quixomega 3 місяці тому +3

    I watch Adam's channel all the time, he's a great interviewer and gets great guests. It's interesting to see what he himself thinks.

  • @johnbion4333
    @johnbion4333 3 місяці тому +2

    Love Adam Taggart, been following him years. Thanks

  • @peterminten3736
    @peterminten3736 3 місяці тому +3

    As a Thoughtfull Money subscriber, it is very good to see Adam in a different role offering additional aspects of the state of the economy.

  • @mcgowee
    @mcgowee 3 місяці тому +3

    I really like both Todd and Adam. Strong minds, courageous honesty, and even bigger hearts. As I try to navigate and prepare for this market and economy, their voices have meant a lot to me.
    Thanks!

    • @SachsRealty
      @SachsRealty  3 місяці тому +1

      This comment. 🙏 Such an honor, thank you.

  • @Reflect50
    @Reflect50 3 місяці тому +4

    From the beginning to the end, so many valuable nuggets of truth and wisdom. Thank you both so much !!!

  • @mickeyslaven
    @mickeyslaven 2 місяці тому +1

    Thank you both so much for this podcast.
    The sympathy was much appreciated as well since we really get slammed in the news as being lazy and unproductive. There are many of us that are really working hard to make a basic living. Debt is insane in this generation.

  • @davidspears8486
    @davidspears8486 3 місяці тому +7

    Top tier interview!