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Cliff Notes: Household Debt-to-Income Hits All-Time High: What the Ideal Ratio Should Be · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Debt to income hits all time high amongst households.
• 1:05
  Speaker 4: Why does this concern you? And are there any stocks
• 1:09
  Speaker 4: you are looking to invest in as a result? Yeah,
• 1:12
  Speaker 4: I also.
• 1:14
  Speaker 3: All over to find a real estate stock that I
• 1:16
  Speaker 3: really love and I really can't find one. The only
• 1:19
  Speaker 3: one that would play favorably, and this would be JP Morgan.
• 1:26
  Speaker 3: I think at some point in thirty years, they're probably
• 1:29
  Speaker 3: just like an accounting there's a big four and we're
• 1:31
  Speaker 3: almost there now. I think there will probably be like
• 1:34
  Speaker 3: four big banks and then just like small community branches
• 1:39
  Speaker 3: or small community banks, and that's it. There won't be
• 1:41
  Speaker 3: any regional or like mid sized banks at all. But
• 1:45
  Speaker 3: the reason why it concerns me is like, if you're
• 1:50
  Speaker 3: going for two hundred thousand dollars housing, your income is
• 1:53
  Speaker 3: or your dad is one hundred grand. Like the ratios
• 1:55
  Speaker 3: are really scute, but what is really showing to scale
• 1:58
  Speaker 3: through every class, middle class, upper class, lower class, that
• 2:05
  Speaker 3: everyone is having like a tighter time, Like I keep
• 2:08
  Speaker 3: saying it. I don't think these artists went on tour,
• 2:11
  Speaker 3: and I don't think Drake wants to be on tour,
• 2:13
  Speaker 3: but I think some of my body probably told him
• 2:15
  Speaker 3: and Beyonce, you need to go on tour to not
• 2:18
  Speaker 3: only increase the resolve of and the joy of American citizens,
• 2:23
  Speaker 3: but you need to collect money off of this one
• 2:25
  Speaker 3: tour for the next four or five years for the
• 2:27
  Speaker 3: opportunities that may come and to protect you and your
• 2:30
  Speaker 3: family that you have to provide for. When it did
• 2:35
  Speaker 3: to income ratio is higher, shout out to everyone that
• 2:37
  Speaker 3: does mortgages. But when we're at a rate past two
• 2:41
  Speaker 3: thousand and six and two thousand and seven and no
• 2:44
  Speaker 3: one saying they we're in a bubble in a bubble currently,
• 2:47
  Speaker 3: I think they we're in a lot of trouble. Of course, Apple, Microsoft,
• 2:50
  Speaker 3: Vido Ovti will do well.
• 2:53
  Speaker 4: In any any environment.
• 2:54
  Speaker 3: The only time I think Apple will start to fall
• 2:56
  Speaker 3: apart is if interest rates to get to fifteen percent.
• 3:00
  Speaker 4: Highly that we ever get there.
• 3:02
  Speaker 3: But JP Morgan is like the only player that I
• 3:05
  Speaker 3: think we'll be able to survive any kind of market
• 3:09
  Speaker 3: because of the relationships that they have with the government.
• 3:11
  Speaker 3: On the real estate side, there's not many I love
• 3:14
  Speaker 3: even in that space. Blackstone and black Rock are the
• 3:17
  Speaker 3: two most important players and market makers in the real
• 3:21
  Speaker 3: estate space, and they've done.
• 3:23
  Speaker 4: It by design.
• 3:24
  Speaker 3: I think of it like this, A hedge fund and
• 3:26
  Speaker 3: a bank switched their strategy to buying commercial properties across
• 3:33
  Speaker 3: the world and wanted to become the world's biggest renter.
• 3:36
  Speaker 3: Of course, there was pushback that they didn't have as
• 3:38
  Speaker 3: many units as one start, but they're making a concerted
• 3:41
  Speaker 3: effort to be able to have income when all the
• 3:44
  Speaker 3: tech valuations went to shit and when a startup market
• 3:48
  Speaker 3: fell as a result.
• 3:49
  Speaker 4: They didn't do this by accident.
• 3:51
  Speaker 3: I think they know that we're going to go back
• 3:52
  Speaker 3: to a real environment where real businesses are going to
• 3:55
  Speaker 3: have to produce real profit, real products.
• 3:58
  Speaker 4: Earners. What's up?
• 3:59
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• 4:03
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• 5:49
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 5:53
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 5:57
  Speaker 1: accused of murdering a Texas man is z Whalen charged
• 6:01
  Speaker 1: with filming and selling child pornography in Michigan. These are
• 6:05
  Speaker 1: just some of the heinous migrant criminals caught because of
• 6:08
  Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
• 6:12
  Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
• 6:17
  Speaker 1: border crossings are at the lowest levels ever recorded, and
• 6:20
  Speaker 1: over one hundred thousand illegal aliens have been arrested. If
• 6:24
  Speaker 1: you are here illegally, your next you will be fine
• 6:27
  Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you
• 6:32
  Speaker 1: will never return. But if you register using our CBP
• 6:35
  Speaker 1: home app and leave now, you could be allowed to
• 6:38
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
• 6:43
  Speaker 1: America's laws, border and families will.
• 6:46
  Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
• 6:49
  Speaker 4: Now.
• 6:49
  Speaker 3: Because we outsourced so much, we didn't provide enough education
• 6:54
  Speaker 3: inside of our schools to make us prepare for the
• 6:57
  Speaker 3: tech sectors or for the jobs that were also by
• 7:00
  Speaker 3: design as a part of the agreement to be able
• 7:02
  Speaker 3: to outsource overseas and then end up messing up messing
• 7:06
  Speaker 3: up our economy.
• 7:06
  Speaker 4: So JP, Morgan, black Rock, Blackstone.
• 7:09
  Speaker 3: Are the three that I like as a result. But
• 7:11
  Speaker 3: deb's an income ratio being this high that's not going
• 7:14
  Speaker 3: to be good.
• 7:15
  Speaker 4: Is there? Is there a number? Is there a percentage
• 7:17
  Speaker 4: that you know?
• 7:17
  Speaker 5: I mean, if you re reports, people will tell you
• 7:19
  Speaker 5: anything under thirty five percent would be a good debt
• 7:23
  Speaker 5: to income ratio.
• 7:23
  Speaker 3: I mean, I'm going off my mortgage professionals. It really
• 7:27
  Speaker 3: needs to be like thirty ideally, or to be this
• 7:31
  Speaker 3: high like and then America's debt to GDP is met
• 7:35
  Speaker 3: like so when the consumer is technically broke and the
• 7:39
  Speaker 3: country is technically broke, that's what and this is the
• 7:44
  Speaker 3: reason why historically America has had to be in markets
• 7:49
  Speaker 3: that were not.
• 7:51
  Speaker 4: Filled with integrity.
• 7:52
  Speaker 3: That poison index of food, pharma, alcohol, tobacco. That's about design.
• 7:59
  Speaker 3: And we've factor in the military industrial complex, the prison
• 8:02
  Speaker 3: industrial complex. You know, it's our best even if you
• 8:08
  Speaker 3: throw in like Meta and Instagram and LinkedIn, like the
• 8:12
  Speaker 3: social dynamic that's there, that's not great for our mental health.
• 8:16
  Speaker 3: That's why I like our mental health business is able
• 8:19
  Speaker 3: to come about because there's so much poison in our airways,
• 8:23
  Speaker 3: produce of Wi Fi radiation being everywhere, like.
• 8:28
  Speaker 4: Most of the things that we have produced in this country.
• 8:31
  Speaker 3: Even going to fossil fuels like having negative effect on
• 8:33
  Speaker 3: the environment and our body. So but the fun part
• 8:37
  Speaker 3: about investment is if you can find a way to
• 8:40
  Speaker 3: buy the right companies at the right time, you can
• 8:42
  Speaker 3: take care of your family forever. But I will say
• 8:44
  Speaker 3: you need to start looking at some emergent markets. I'll
• 8:47
  Speaker 3: just be out here, get getting a little tequila sunrise.
• 8:50
  Speaker 4: It's just jokes for my dad.
• 8:53
  Speaker 3: This is a light coke sector, Coca cola rotation, right,
• 8:58
  Speaker 3: you have to come out here. And actually, so when
• 9:00
  Speaker 3: I was the same thing, when I was out here
• 9:02
  Speaker 3: talking to some of the locals. What does tourism look
• 9:04
  Speaker 3: like here? This is my second place. I've asked down
• 9:08
  Speaker 3: seventy percent here.
• 9:10
  Speaker 4: You can see it. I went all around, went to
• 9:12
  Speaker 4: the all up the shoreline.
• 9:14
  Speaker 3: Yesterday I saw forty six cars on a fifty minute
• 9:17
  Speaker 3: ride on a Saturday.
• 9:20
  Speaker 4: You know what that tells me? Broke.
• 9:25
  Speaker 3: Whole country, whole world has broke, with the exception of
• 9:29
  Speaker 3: certain pockets, which is the one percent and the one
• 9:32
  Speaker 3: percent they had to go to quiet luxury to not.
• 9:35
  Speaker 4: Throw in your face. I got on lay piano.
• 9:41
  Speaker 3: It's tough times, but this is one of the best
• 9:44
  Speaker 3: businesses are made and the toughest times.
• 9:46
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 9:50
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 9:54
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 9:58
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 10:02
  Speaker 1: some of the heinous migrant criminals caught because of President
• 10:06
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 10:10
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 10:15
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 10:18
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 10:22
  Speaker 1: are here illegally, your next you will be fine nearly
• 10:25
  Speaker 1: one thousand dollars a day, imprisoned and deported. You will
• 10:30
  Speaker 1: never return. But if you register using our CBP home
• 10:33
  Speaker 1: app and leave now, you could be allowed to return legally.
• 10:37
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 10:42
  Speaker 1: border and families.
• 10:43
  Speaker 2: Will be protected. Sponsored by the United States Department of
• 10:46
  Speaker 2: Homeland Security,