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The Economy is All Over the Place Right Now; What's Happening?

#unemployment#dropshipping#nasdaq#sixfigure#jobs
the transcript auto-captions · entered into evidence

0:00 thank you [Music] so the NASDAQ has just hit a 13-month high school fan of the NASDAQ yeah yeah what do you like on it six acronym stuff gets me off yeah what does it even dance stand for [Laughter] please pick a letter National Association of stocks and Securities dealers automated quotations automated quotations so they automate this ████ National Association of security ████ up they ████ automated it sounded like a joke I thought you made that up

0:53 I already said automated Queen right there they'll even say that you Steve Dylan yeah we don't use Sports comedy we've seen nothing okay so check this out how do you feel about the economy right now you think it's pretty tight way tight next on hip hop news is as tight as your wife was when you have first met her or lately great no check this out right so yeah unemployment just posted uh usually the the uh the amount that unemployment Rises is very slow however the increase in the unemployment rate is much worse than anticipated usually you raise about

1:43 half a point from the lowest unemployment rate which means the economy is going into recession we just Rose three tenths in a month what do you think about that ████ that's not what Kamala said but that's the counterbalance to what I mean that we're that we're like rapidly going into a recession unemployment just went up by a lot well an unusual Spike while we see this kind of positive news from NASDAQ yeah so what are we what are we seeing what's going on what's up with unemployment so stocks are going up but General well-being of people yeah it sounds like what happened during Cove it's happening again we have a lot of crazy ████ happening like that like our interest rates are Sky High and our housing prices isn't really dropping either wow like we're not seeing the 30 that we saw in 2008. you're expecting that so there's a lot of like this Push Pull like simultaneous ████ that's going on it just sounds like like you always

2:34 say the personal interest of the elite is being fulfilled so what does that mean is that what is that is it like that's the strange part right so that's what we're experiencing yeah and what does it mean yeah during covet that this happened this very same exact thing it was like okay cool well all of these interest rates are are still down they're printing money like crazy is it because there's not enough jobs or is it because people are not working and collecting unemployment like it's all the tech jobs everyone's getting cut like yeah I'm right uh so that's shifting things but what tech jobs are going on or do tech stocks are going on yeah I feel like everywhere that I know like my buddies that have small businesses they have a hard time hiring people or keeping people on their staff our text is Tech talk um Tech stock going up because they're saving on

3:26 employee costs it could be they're actually cutting costs yeah if they don't need they're actually starting to make money now yeah like like and everyone was predicting that Twitter was about to be not workable by Monday did you did you hear how it got downsized a little bit more recently no man because uh they were gonna post that what is a woman documentary on Twitter and they found out there were more employees that were trying to suppress it that's right someone just got fired today yeah yeah and they fired them today he found out who it was wow remember that dock that you were talking about what is a Woman by Matt Walsh yeah oh yeah yeah yeah on Twitter for free the one that you were you were remade

4:17 I wish I had that idea not far from the truth but yeah oh Joe's the best you can't rock this book he's so buoyant he's Untouchable man it comes right back up dude let's see tips over but this is kind of an unusual correlation right unemployment High NASDAQ High what's the story you're connected I don't know Hello Kitty I can't call hello that's a guy that actually does provide a lot of jobs for people you're saying it's hard to get people to like work it's hard to get people working no one's working in this field yep you're fighting against you know competitors there's there's jobs though like there's so many you know shops that

5:07 need help um but I think it's the the entry-level jobs so like high school college traditional jobs that like People's First jobs a lot of those places are open but like a lot of workers are not working raise wages dude just raise the freaking wages yeah I raise everything up dude it's the best prices dude I'm on Reddit and I'm yelling at you just raise them wages up yeah why aren't you doing it should we try to get it it doesn't get it doesn't work because what is it is it like the unemployment and you got to move up the prices of your whole menu and then stick a shot and less people come in gotta cut people again um don't you live in a nice house you should probably downsize that sell a week there was this one I forgot which

5:58 casino it was um but they were missing servers and they put out six-figure contract to be a server and they still can fulfill their quotas yeah nobody wants to do that it's crazy six figure contracts over there gears that's why Texas Station crushed it's crazy a server at a casino yeah dude Nick Dunn's ████ ready to go I'm ready to go baby six figure guaranteed for six figs yeah six figs would you want baked potato would you want french fries ain't good at that that's that Resorts World you barely have to work yeah yes nobody's there you want the unlimited Subway combo again yeah it was crazy we packed them Meats high and deep we pack them up but people just don't want to work right now do you think what so

6:49 ████ what are these young kids doing then are they just like starting Drop Shipping businesses or something I think everyone's doing like all of them you're like dude that's like the ████ racket I see everyone like dude here's how to start your Drop Shipping business like it's pretty smart they're working for a team I've seen the craziest incentives like fast food chains offering benefits like ████ Wendy's offering sign-in bonus like the stuff that you've never never here forever Burger King says you can be the ████ King yeah I should be the king now Taco has really great benefits too they can't get people worked there either yeah now what is it I don't know man you want to work those jobs what's King Taco benefits I don't know how much green sauces you like yeah you think people you can't post on Instagram something delicious like that you know they're saying like chinatowns too or like these ethnic like immigrant businesses they all don't

7:41 survive many generations because like let's say like the first wave of immigrants they build the restaurant right and it becomes like a HomeTown favorite but they send their kids off to become doctors or whatever and the kids don't want to run it that's true so then like it kind of dies after one generation and you miss that food of the community but it's like gone from there claims but then they don't do anything about it yeah right what happened to Fuddruckers dude yeah yeah really how's my people's Foods bro anytime I go to Mendocino Farms because you know it's popular yeah here okay the one that passes the one that I go to in Pasadena is it even good dude no it's not about that it's not about that but it's so true it's very popular bro okay so whenever you go to Mendocino

8:33 Farms there's a gang of like old Chinese aunties uncles yeah and like immigrants right like Middle Eastern immigrants like all kind of random folks all right and they're all waiting to do food delivery really bro I'm telling you like they have that whole Casino their catering is like on point of how they deliver it oh dude really everything there there no one's touching them everything are they just like waiting on ubereats and ████ or doordash they're waiting nobody's touching them I gotta pay 45 for two sandwiches how they present everything's presented and delivered and it's just it's just very reliable the system's really good get the sandwich study to eat but like

9:26 I've never bought anything there before it's pretty solid salads are actually their salads are amazing salads are solid I never been to a uh erwan I want to check that out oh 30 smoothies yeah dude oh three dollars three dollars gonna eat my dick you gotta pay a cover fee before you walk and I bet you they have a worker shortage too ████ that nah that's like pressed coffee get the ████ out of here or drip coffee yeah sorry sir it's gonna be another 45 minutes this week it's because it's dripping one ████ drop out of time but it's gonna be really good it's gonna be piping hot what do you think that I came here two hours early oh I'm so relieved yeah I wish I knew what was happening because it's like obviously there's a

10:18 lot of jobs open but people don't aren't are they're like not looking for a job so maybe they don't need money and then so I don't really know what's going on because they're saying like usually when there's unemployment like the last recession and all that it's because there were no jobs but now there's like there's a lot of companies at all levels looking for workers but no one's no one's coming into work so how's all these people surviving that's the that's the thing Drop Shipping who knows well they said credit card or uh um car loans car loans insane yeah all the time oh we're ████ oh my goodness printed four trillion more dollars oh ████ okay so it's a good time to be a Repo Company then maybe or a pawn shop

11:09 maybe we'll take a business to start Pawn Stars oh yeah it's really good yeah

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