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Is the Middle Class Over- The Harsh Truth About Money, Work & Power in 2026 · Earn Your Leisure

• 0:00
  Speaker 1: Do you think Duvall posted this and I want to
• 0:02
  Speaker 1: ask you, do you think they killed off the middle
• 0:04
  Speaker 1: class in twenty twenty? Was the printing of that money
• 0:09
  Speaker 1: and COVID that way to destroy and widen that gap,
• 0:12
  Speaker 1: to erase the middle class?
• 0:15
  Speaker 2: Yeah, I mean the middle class I think has been
• 0:18
  Speaker 2: destroyed maybe before twenty twenty, but yeah, definitely not accelerated it.
• 0:23
  Speaker 2: I think that was definitely an acceleration of that. Even
• 0:30
  Speaker 2: going back to two thousand and eight financial crisis, and
• 0:34
  Speaker 2: we could talk about that on Blackout, but as far
• 0:36
  Speaker 2: as you know, how many people lost their homes in
• 0:40
  Speaker 2: that and that's when housing really became a forefront issue
• 0:45
  Speaker 2: and made a permanent class of renters. Collapsed people's for
• 0:50
  Speaker 2: one cage, people panicked and sold they have market Monday,
• 0:54
  Speaker 2: So a lot of people that have the full education
• 0:56
  Speaker 2: people got liquidated out of their positions.
• 1:00
  Speaker 3: So I think that was the start of it.
• 1:04
  Speaker 2: The pandemic definitely probably accelerated it with the amount of
• 1:08
  Speaker 2: money that was printed. But the middle class I think
• 1:14
  Speaker 2: has been at least shrinking. It has been shrinking, yeah,
• 1:19
  Speaker 2: for the last twenty years or so. And then you
• 1:22
  Speaker 2: add inflation. That's the killer because even when Epstein. That's
• 1:27
  Speaker 2: what he said. That was one of the things that
• 1:28
  Speaker 2: he said.
• 1:29
  Speaker 3: It was like.
• 1:31
  Speaker 2: Paraphrasing, he said that we we make money from trading
• 1:39
  Speaker 2: stocks and investing. It's not we're not doing real work.
• 1:44
  Speaker 2: The other people they got they gotta do real manual
• 1:46
  Speaker 2: labor for work. That's not that's not what we do.
• 1:50
  Speaker 3: We don't. We don't.
• 1:52
  Speaker 2: We're not doing real which is ironic because a lot
• 1:54
  Speaker 2: of people were like, your content creators, you guys aren't
• 1:56
  Speaker 2: really contributing. He and he set several times he was
• 2:00
  Speaker 2: like Wall Street, what are they what are they really doing?
• 2:03
  Speaker 3: What are they doing? They're not doing anything.
• 2:06
  Speaker 2: They're making billions of dollars just by trading on aarbertrage concepts.
• 2:11
  Speaker 3: Yeah, price disparities. They're not doing anything to contribute.
• 2:15
  Speaker 2: They're not doing anything physically, and they're not doing anything
• 2:19
  Speaker 2: to really contribute to society.
• 2:21
  Speaker 3: They're not doing anything.
• 2:23
  Speaker 1: Especially when they deregulated derivatives and posts two before two
• 2:27
  Speaker 1: thousand and eight, it was a free for all.
• 2:30
  Speaker 2: But that's the world that we live in. That's the
• 2:32
  Speaker 2: I mean, you know, that's the that's the game that's
• 2:34
  Speaker 2: being played at the highest level. But the middle class
• 2:38
  Speaker 2: is not doing that. Put it like that, the middle
• 2:40
  Speaker 2: class is not taking part in that. In that situation
• 2:43
  Speaker 2: for the most part, they're still working for money. And
• 2:47
  Speaker 2: it's just getting to the point now between the creative economy,
• 2:51
  Speaker 2: Wall Street and AI. That's what Robin Vlaf said to us.
• 2:56
  Speaker 2: He's like, he's gonna get to a point the idea
• 2:58
  Speaker 2: of work is not even gonna it's going to it's
• 3:02
  Speaker 2: not even going to look the same in twenty years,
• 3:05
  Speaker 2: Like how we even conceive work. People that's actually still
• 3:11
  Speaker 2: trying to I mean, I guess you still got the
• 3:13
  Speaker 2: trade electricians and stuff like that, but the people that's
• 3:16
  Speaker 2: still trying to hold on to that we need more, No,
• 3:18
  Speaker 2: we really don't really don't need more.
• 3:21
  Speaker 3: Really, I just to.
• 3:22
  Speaker 1: You, for every job loss, you only need ten in
• 3:24
  Speaker 1: video GPUs to replace the efficiency of an office worker.
• 3:29
  Speaker 1: That's scary as hell. And we were just at a video.
• 3:32
  Speaker 1: Trust me, for those who said, oh no, they can't
• 3:35
  Speaker 1: replace it. Some of the work that we saw in
• 3:40
  Speaker 1: those side conference rooms.
• 3:42
  Speaker 4: Yeah, but they got a garage for each unit, so
• 3:46
  Speaker 4: we saw all the time in this garage. But there's
• 3:49
  Speaker 4: a healthcare tector.
• 3:51
  Speaker 1: Like yeah, happening, Like what are you like in another housing,
• 3:55
  Speaker 1: it was hundreds of robots in the warehouse that they're simulating.
• 3:59
  Speaker 1: And this crazy part, even if we make it to
• 4:02
  Speaker 1: outer space or above Earth, they've calibrated the AI to
• 4:08
  Speaker 1: know the differences in gravity for the robots to deliver
• 4:12
  Speaker 1: goods and outer space. Yeah, that's scary. Like they know
• 4:18
  Speaker 1: the weight of Mars and Jupiter Earth too, and it
• 4:23
  Speaker 1: only takes a day or two for the entire robot
• 4:26
  Speaker 1: force to recalibrate to deliver supplies on other planets.
• 4:30
  Speaker 4: Yeah, the GPU that goes inside that that robot, Yeah,
• 4:35
  Speaker 4: it takes a day. If they know the level of
• 4:37
  Speaker 4: gravity on a specific place, they can train it to
• 4:40
  Speaker 4: balance itself inside that gravity. Right, So the first time
• 4:43
  Speaker 4: you train it, it falls to the ground. Then you train
• 4:45
  Speaker 4: it to Earth's gravity, it begins to learn how to
• 4:47
  Speaker 4: walk on Earth's But it's in the stuff you see,
• 4:51
  Speaker 4: it's just like, oh, it's not it's a different level,
• 4:55
  Speaker 4: different level.
• 4:57
  Speaker 1: And then of course Tesla, I mean you line announced
• 5:00
  Speaker 1: that SpaceX is merging with x AI Yo.
• 5:04
  Speaker 5: Yeah, talk about time. Oh yeah, it's not the time
• 5:10
  Speaker 5: to play follow the money. Mm hmmm, follow the money.
• 5:15
  Speaker 2: We do need more plumbers but everybody that's telling you
• 5:17
  Speaker 2: we need more plumbers, they're not a plumber. You ever
• 5:19
  Speaker 2: think about that? That's a good point. Gary V shot him.
• 5:23
  Speaker 2: I mean he's a genius obviously, but he's like, Yo,
• 5:25
  Speaker 2: we need electricians. Gary V is not electrician.
• 5:28
  Speaker 3: Mm hmmm.
• 5:31
  Speaker 1: Mm hmm.
• 5:31
  Speaker 4: Go get it over there.
• 5:34
  Speaker 3: I'm gonna get it over there.
• 5:35
  Speaker 2: I hate, I hate to be a bad guy, but
• 5:39
  Speaker 2: let's just be honest. Everybody that told you you need
• 5:41
  Speaker 2: more plumbers, they're not plumbers.
• 5:43
  Speaker 1: Yeah, show me how you're making thirty shot to him
• 5:45
  Speaker 1: and Mike Boy all y'all, love y'all. So if they
• 5:47
  Speaker 1: clicked this out, we love you, But show us how
• 5:49
  Speaker 1: to get thirty million off of the agency side.
• 5:53
  Speaker 3: I'm gonna go get it over there to hang draw
• 5:55
  Speaker 3: all good on.
• 5:57
  Speaker 1: There's a bunch of people in tech and VC saying
• 5:59
  Speaker 1: that it's like bro y'all making seven and eight million
• 6:02
  Speaker 1: dollars off two three deals, so what and it's good
• 6:06
  Speaker 1: money in plumbing, But show them how to make ten
• 6:08
  Speaker 1: or fifteen million a year.
• 6:10
  Speaker 3: Yeah, that's good money there. That's good money there. Yeah
• 6:13
  Speaker 3: for sure if you own a plumbing company. Yeah, let's
• 6:17
  Speaker 3: be honest.
• 6:17
  Speaker 2: But what I'm saying, they tell you one thing, and
• 6:22
  Speaker 2: then they're not telling their children that they're not.
• 6:26
  Speaker 3: They're not sending their children to private school to become plumbers. No, no,
• 6:30
  Speaker 3: they want them to.
• 6:32
  Speaker 4: Like I said, sometimes in life, people earn money from
• 6:35
  Speaker 4: the neck down and some people earn money.
• 6:37
  Speaker 3: From the neck up. Yo.
• 6:39
  Speaker 2: Hey yo, I said. Earning money from the neck up
• 6:43
  Speaker 2: is wild.
• 6:44
  Speaker 6: Crazy and that's going down people, I said, some people people. Hey, y'all, yo, people,
• 6:54
  Speaker 6: I don't maybe.
• 6:54
  Speaker 3: You know, I don't.
• 6:56
  Speaker 1: I don't with them rates down, though, appreciate getting that's it.
• 7:03
  Speaker 3: Allegedly alleg maybe not