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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 don't have the full education.
• 0:56
  Speaker 2: People got liquidated out of their positions. So I think
• 1:01
  Speaker 2: that was the start of it. The pandemic definitely probably
• 1:06
  Speaker 2: accelerated it with the amount of money that was printed.
• 1:12
  Speaker 2: But the middle class I think has been at least shrinking.
• 1:17
  Speaker 2: It has been shrinking, yeah, for the last twenty years
• 1:21
  Speaker 2: or so. And then you add inflation. That's the killer
• 1:26
  Speaker 2: because even when Epstein, that's what he said. That was
• 1:28
  Speaker 2: one of the things that he said. It was like paraphrasing,
• 1:34
  Speaker 2: he said that we we make money from trading stocks
• 1:40
  Speaker 2: and investing. It's not we're not doing real work. The
• 1:44
  Speaker 2: other people they got they gotta do real manual labor
• 1:47
  Speaker 2: for work. That's not that's not what we do. We don't.
• 1:50
  Speaker 2: We don't. We're not doing real which is ironic because
• 1:54
  Speaker 2: a lot of people were like, your content creators, you
• 1:56
  Speaker 2: guys aren't really contributing. He and he set several times
• 1:59
  Speaker 2: he was like Wall Street, what are they what are
• 2:02
  Speaker 2: they really doing? 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 1: Yeah, price disparities.
• 2:14
  Speaker 2: They're not doing anything to contribute. They're not doing anything physically,
• 2:18
  Speaker 2: and they're not doing anything to really contribute to society.
• 2:21
  Speaker 2: 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. 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 3: Yeah, but they got a garage for each unit, so
• 3:46
  Speaker 3: we saw all the time in this garage. But there's
• 3:49
  Speaker 3: a healthcare tector like yeah, happening like what are you
• 3:53
  Speaker 3: like in.
• 3:54
  Speaker 1: Another housing, it was hundreds of robots in the warehouse
• 3:58
  Speaker 1: that they're simulating. And this crazy part, even if we
• 4:01
  Speaker 1: make it to outer space or above Earth, they've calibrated
• 4:07
  Speaker 1: the AI to know the differences in gravity for the
• 4:11
  Speaker 1: robots to deliver goods and outer space. Yeah, that's scary.
• 4:18
  Speaker 1: Like they know the weight of Mars and Jupiter Earth too,
• 4:22
  Speaker 1: and it only takes a day or two for the
• 4:25
  Speaker 1: entire robot force to recalibrate to deliver supplies on other planets.
• 4:30
  Speaker 3: Yeah, the GPU that goes inside that that robot, Yeah,
• 4:35
  Speaker 3: it takes a day. If they know the level of
• 4:37
  Speaker 3: gravity on a specific place, they can train it to
• 4:40
  Speaker 3: balance itself inside that gravity. Right, So the first time
• 4:43
  Speaker 3: you train it, it falls to the ground. Then you train
• 4:45
  Speaker 3: it to Earth's gravity, it begins to learn how to
• 4:47
  Speaker 3: walk on Earth's But it's in the stuff you see,
• 4:51
  Speaker 3: it's just like, oh, it's not it's a different level,
• 4:55
  Speaker 3: 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.
• 5:03
  Speaker 2: Yo.
• 5:04
  Speaker 3: Yeah, talk about time.
• 5:08
  Speaker 2: Oh yeah, it's not the time to play follow the
• 5:11
  Speaker 2: money mm hmmm, follow the money. We do need more plumbers.
• 5:16
  Speaker 2: But everybody that's telling you we need more plumbers, they're
• 5:18
  Speaker 2: not a plumber. You ever think about that? That's a
• 5:21
  Speaker 2: good point. Gary V shot him. I mean he's a
• 5:24
  Speaker 2: genius obviously, but he's like, Yo, we need electricians. Gary
• 5:26
  Speaker 2: V is not electrician.
• 5:28
  Speaker 1: Mm hmmm.
• 5:31
  Speaker 4: Mm hmm.
• 5:31
  Speaker 3: Go get it over there. 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. I'm
• 5:53
  Speaker 1: gonna go get it over there to hang draw all
• 5:55
  Speaker 1: good on. There's a bunch of people in tech and
• 5:59
  Speaker 1: VC saying that it's like bro y'all making seven and
• 6:02
  Speaker 1: eight million dollars off two three deals, so what and
• 6:06
  Speaker 1: it's good money and plumbing. But show them how to
• 6:08
  Speaker 1: make ten or fifteen million a year.
• 6:10
  Speaker 3: Yeah, that's good money there. That's good money there, ye for.
• 6:13
  Speaker 2: Sure, if you own a plumbing company. Yeah, let's 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. They're
• 6:26
  Speaker 2: not sending their children to private school to become plumbers.
• 6:29
  Speaker 3: No, no, they want them to. Like I said, sometimes
• 6:33
  Speaker 3: in life, people earn money from the neck down and
• 6:36
  Speaker 3: some people earn money from the neck up.
• 6:38
  Speaker 2: Yo. Hey yo, I said. Earning money from the neck
• 6:42
  Speaker 2: up is wild.
• 6:44
  Speaker 4: Crazy, and that's going down people, I said, some people people. Hey, y'all, yo, people,
• 6:54
  Speaker 4: I don't maybe.
• 6:54
  Speaker 1: You know, I don't. I don't with them rates down, though,
• 6:59
  Speaker 1: appreciate getting that's it allegedly alleg maybe not