Trained seals applaud the inflation report
It’s hilarious watching all the train seals on the business networks. Er, er, er. All happy about the inflation report. Oh, it came in lower than expected. Gonna ask everybody a question. Raise your hand. Raise your hand if you think and if you feel that your bills and your prices are coming down. Did anybody out there? Anybody out there? Did anybody raise their hand? It didn’t, because your prices aren’t coming down. The things that you spend every, everyday items continue to rise. Talked about this yesterday, groceries are up over 20% over the past 16 months. They’ve been going up for years prior to that. The United States is a very expensive country. And the train seals, aren’t friends doing their job? Aren’t things are great? Are they really? Are they really? And honestly, at what point in time are you gonna stop believing the conventional wisdom and the narratives and all the garbage that these fools keep shoving down your throat? Oh yeah, I wanna look at the degree from that guy, look at that guy. When are they right on anything? I’ve talked about this before, people, you know, the whole Home Depot and Lowe’s and do-it-yourself craze. It’s not difficult to be a do-it-yourself. economists, you just need to open your eyes. You need to observe. You have all of your data. You know what your bills were years ago. You know what you’re paying today. Go and check. Is America becoming inexpensive by any stretch at all? Now, I talked about this yesterday in my trip to Greece, because there’s another story talking about here, how about how Americans— say they can never retire. Growing share of working Americans don’t think they will ever retire, recent survey suggests. Yeah, I get it. A lot of people feel pressured. You know, things keep going up. How am I gonna keep up? Who wants to be scared during retirement of running out of their money? So anyway, you know, I’m in two islands I’ve been in the past in Greece and they’re growing. I mean, you’re seeing a lot of new construction and very modest, beautiful homes. And you take a look at the prices, 150,000 euros, 200,000, 300,000, 400,000, all reasonable, but beautiful. I mean, overlooking the water, walk to the town, walk to the beach, and then you take a look at what you’re paying for food over there. My daughter got sick, problem, go again, clinic. Like we have here, doctor saw her right away, piece of cake, easy peasy, no problem. No problem at all. And again, I talked to some of the real estate interests asking questions about this. And they’re saying, yeah, there’s a lot of Americans. Not Americans, you get a visa, $250,000. You buy $250,000 of property, you’re good to go. You can have a residency. Again, this is what people have been doing, just so you know, and it’s not just here, they’ve been doing it in Mexico, Central America, Costa Rica, Portugal. Why, again, you go there, all of a sudden you live like a king. I mean, imagine, just put this into perspective. Imagine all of a sudden if you’re… your food bills were cut by two thirds. Your food bills were cut by two thirds. What else could you do? Would you feel a little bit more comfortable about retiring? Probably. Watchdog on wallstreet.com.
