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The Last Time Oil Did This, It Wiped Out The Middle Class (And It's Happening Again)

2026-04-01 Education
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Minority Mindset
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Join Market Briefs (my newsletter for investors) free! https://go.briefs.co/yo-oi-vsl/?utm_campaign=TOF_Content&utm_medium=organic&utm_content=eQw86oX8oy4&utm_term=minority_mindset&utm_source=youtube&utm_placement=youtubedecription My recommended tools*! *Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube. ---------- ➤ Life Insurance 1) 🛡 Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 2) 🏠 Fundrise* - Invest in real estate passively! https://www.theminoritymindset.com/fundrise *Jaspreet Singh is an equity owner in Fundrise and has invested in Fundrise. He receives a commission if you use his affiliate link. ---------- ➤ My Favorite Credit Cards 3) 🪪: See my top credit card picks for this month: https://www.theminoritymindset.com/creditcards ---------- ➤ Invest In Stocks Passively 4) 📈 M1 Finance - Buy stocks & ETFs on autopilot: https://theminoritymindset.com/m1 ---------- ➤ Business Accounting 5) 💸 CommonWealth - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: https://theminoritymindset.com/tax ---------- Buy Gold Passively 6) 👑 Vaulted - Buy physical gold on autopilot: https://theminoritymindset.com/yt/vaulted ---------- Recommended: The Last Time The Fed Did This, Lots of Regular People Got Rich (It's Happening Again) https://youtu.be/DYVu-bkF3kE What Is The Minority Mindset? "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh Follow me: Instagram: https://www.Instagram.com/MinorityMindset Website: https://www.TheMinorityMindset.com Want More 🥑🥑? Briefs Finance website: https://www.briefs.co Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Top Comments (10)

@marytica123 2026-04-01

America's middle class was ALREADY "wiped out" - we've been "living on fumes" ever since.

292 10 replies
@119KAM 2026-04-01

2022 was a recession. It's just the government refused to admit it and changed the definition 😂. Everyone experienced it and we are still experiencing it.

291 31 replies
@karlsracing8422 2026-04-01

Ive been living the same way my whole life like I've been in a recession.

164 13 replies
@scottscopters7 2026-04-01

don't forget they changed how they define "recession" very important

125 5 replies
@SharonCensale-l3r 2026-04-01

I like Jaspreet s style. He is simple, clear and up to date.

93 2 replies
@markamark123 2026-04-01

thank you random guy on youtube

66 4 replies
@rebelrrp 2026-04-01

I work in crude oil trucking, and I can tell you what oil companies are betting on based on how the buy at the end of the month. If oil companies are stacking oil at the end of the month they are holding it to get a higher price next month. If they push every load they have to get this month's pricing then the are planning on prices going down. This week has been very busy and the oil companies pushed a lot of oil so it's safe to say they are betting on lower oil prices this month. The problem is that I don't know what lower means. Lower can still be Brent Crude still over $100 but just lower than it is now. That being said oil isn't the biggest long term problem the USA has. Doesn't matter if it's a democrat or republican eventually the stupid spending by the US government will come back to hit us hard. The problem won't be fixed any time soon. What President is willing to put the Economy into a recession in order to fix spending just to have the next president kick the spending can down the road and make it look like they fixed something.

57 2 replies
@keithholloway4672 2026-04-01

The middle class is gone. Most are poor now.

47 1 replies
@1aadam 2026-04-01

4:25 f***k what Dorsey says. I worked there from 2020-2024. The org was shockingly bloated, the org changes was not a byproduct of AI, it was a product of mismanagement and over hiring. Do you remember when Musk fired 80% of Twitter and the app kept working? Guess who was the Founder & CEO before Musk took over.

37 3 replies
@MinorityMindset 2026-04-01

Join Market Briefs (my newsletter for investors) free! https://go.briefs.co/daily-newsletter/?utm_campaign=TOF_Content&utm_medium=organic&utm_content=eQw86oX8oy4&utm_term=minority_mindset&utm_source=youtube&utm_placement=youtubepinned WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

16 1 replies

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