The Last Time Oil Did This, It Wiped Out The Middle Class (And It's Happening Again)
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Top Comments (10)
America's middle class was ALREADY "wiped out" - we've been "living on fumes" ever since.
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.
Ive been living the same way my whole life like I've been in a recession.
don't forget they changed how they define "recession" very important
I like Jaspreet s style. He is simple, clear and up to date.
thank you random guy on youtube
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.
The middle class is gone. Most are poor now.
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.
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!
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Top Comments (10)
America's middle class was ALREADY "wiped out" - we've been "living on fumes" ever since.
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.
Ive been living the same way my whole life like I've been in a recession.
don't forget they changed how they define "recession" very important
I like Jaspreet s style. He is simple, clear and up to date.
thank you random guy on youtube
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.
The middle class is gone. Most are poor now.
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.
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!