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Sunday, November 9, 2025

"America’s Confidence Is Gone - The Consumer Collapse is Here!"

Full screen recommended.
Dan, I Allegedly, 11/9/25
"America’s Confidence Is Gone - 
The Consumer Collapse is Here!"
"Economic sentiment has officially hit a record low, and the numbers are shocking. At just 50.3, consumer confidence is lower than ever, reflecting the struggles we’re all feeling with rising costs, economic slowdown, and uncertainty. From skyrocketing food prices to expensive home repairs and even a government shutdown, nothing seems easy right now. In today’s video, I’m sharing my insights on what’s really happening in the economy and how it’s impacting everyday life. Plus, I’ve got some interesting stories about car culture, business innovation, and even a quick take on Bill Ackman’s recent antics. Join me for this eye-opening conversation about the state of the economy and the challenges people are facing. Let's vent, share ideas, and find ways to move forward together!"
Comments here:
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"When people pile up debts they will find difficult and perhaps even impossible to repay, they are saying several things at once. They are obviously saying that they want more than they can immediately afford. They are saying, less obviously, that their present wants are so important that, to satisfy them, it is worth some future difficulty. But in making that bargain they are implying that when the future difficulty arrives, they’ll figure it out. They don’t always do that.” – Michael Lewis, “Boomerang”

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