Youtube comments of BrickTop (@bricktop7803).
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Four presenters that are really clueless, where did they find them? All they have are biased views based on their own skewed personalities.
I have not watched any of their other reviews, but I am guessing their views on any Tesla or Vulva EX30 and its lack of buttons will be
different than the ID.5
All the UK Auto Journos have just used the same copy and spout the same rubbish.
The Sliders on the main infoscreen are NOT illuminated because they are fitted with infra-red hand swipe detection. They work really well, and you quickly get used to having no buttons. I don't hit the steering buttons by mistake, my hands are at the 20 past 8 position.
The got to be clueless, you don't need them illuminated to know where the slider position is located. Do you look at your current car for the wiper or indicator stalk every time you use it?
Then, whine because they are NOT illuminated?
I drive an ID5 and love it. I don't need the controls to be illuminated.
I test drove about 7 EV's looking for the right one, and wasn't even going to try the ID4 and 5 because of these clowns (other reviewers) reviews .
When I took out the ID.5 it was the easiest, roomy most comfortable EV I had driven. I sat up quite high.
When I took it back to the dealers, I ordered one right away.
No, a Tesla wasn't even in the running. I cant stand the jelly mould look across the range.
Give it a year or so when the new Chinese EV's hit the EU market, will probably change my mind...They really are taking over the EV World in a big way.
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Nice, RJ did NOT say press the dislike button....lol.... He has started to pivot, unlike the FED...hee hee.
Again Powell re-iterated 'Higher for longer' he is telling the markets, there is NO pivot for a year at least.
The only thing that is going to cool this hyperinflated market is a higher unemployment, and again, Powell has said that time and time again.
The only problem is, unemployment is uncontrollable, there is no way of knowing or controlling how bad its going to get. Its not the blue collar workers that will get hit, they supply essential services. But if you are a middle class, middle manager, they will let these people go.
The US banking sector is going to get hit really really hard, a lot of banks will close and a lot of people will soon find themselves unemployed.
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One of your best RJ.
The other handle is BRICS wants to crush these 3 Amigos as they have too much influence over global asset management.
If BRICS can trash the US stock market, they will trash Blackrock, Vanguard, State Street.
Its the average Americans, who think they are players in US stock markets because they have a few shares, they are cannon fodder for the 3 amigos.
The benefits are, they will force US companies to curtail energy use and expenditure. This is why Oil Companies are turning away from oil and into renewables.
They are not doing it out of kindness to future generations, its because the 3 amigos are defining their future.
Also, the US love of V8's - that will change very soon as the 3 amigos will ramp up the price of gas, essentially forcing people on to EV's.
How do you think Musk managed to turn a failed EV company Tesla, into a global leader that changed Auto manufacturing forever?
He didnt do it by magic, it was by limitless pockets of the 3 amigos.
It's not far off the concept of the movie Bladerunner....a couple of companies controls every Govt on the planet.
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You know the US Economy is screwed when Biden visits Chi. Daddy Chi gonna spank the US A$$.
It was the same a couple of years ago when OPEC+ cut crude production.
Biden visited Saud, their old ally and asked him to increase oil production, but Saud told Biden NO.
It doesn't matter who is in the Whitehouse, RED or BLUE its the same, Biden had only one option, use the US strategic reserve to get the US economy moving after covid.
Now the US oil reserves are depleted and the Western Developed Economies are teetering on collapse. Its NOT just about the US, the same thing is happening across the free World.
You guys are simple, and do not look beyond your own borders. But the UK and Japan hold a lot of US debt, and if they sell off their dollar holdings, the US WILL have Interest rates go to 20%.
China has sold off their stash of dollars over the past few months, they unloaded them. That is WHY BIDEN visited Chi.... Asking him to stop destroying the US Economy.
What is coming over the next 2 Quarters for the US Economy is CARNAGE.
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I dont understand why they roll these 2 imbeciles out every time, Munger an the other guy Berkshire.
I have a cousin just like him. My cousin too, has scrimped every penny his whole life and has amassed a sizeable stash of cash.
But like the other 2...they have never lived.
Mungers buddy is driving about in a 450 year old car or something.... lived in the same house for 80 years or however old they are.
Just like my cousin, they have not spent the time to enjoy their lives. Its all about having so many perceived digits on their portfolio.
They digits go up and down and it is meaningless.
That is there thing.....making digits go up and they have a sense of achievement. It is a false sense.
Gates done the right thing and spent all his cash on worthy enterprises to help ALL mankind.....
These 2 jokers just count coins. Oh and also get their faces in the media, just to bask in their own mediocrity. I am pretty sure their real names
are Statler and Waldorf....
would I like to be in their shoes....nope.....they are just like my cousin. What a waste of skin.
A shroud has no pockets.
The incumbent Govt is trying to reset the US economy, wages are too high and the banking sector needs restructured to remove the otiose small and medium loss making institutions before they crash the bigger banks.
The US economy and the so-called American Dream exists on the ability to buy your own property. The US economy is going to have a short sharp pain to get property prices, and wages down. The construction and banking sectors will take a huge hit.
But like EVERY cycle, it will start up again, and resurrect the American dream ( we see it as the American nightmare, but you guys fall for it every time).
The Govt, it doesn't matter RED or BLUE is trying to manage this cycle, and they have a scapegoat, COVID, supply chain issues, and the war with Russia.
At least Statler and Waldorf will come out of it OK.......they will have a lot more digits on their stupid portfolio.
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Dan, there are over 50% of current US mortgages where the people are underwater, its in a BlackKnight article.
They are treading water and about to drown, as greed wins over common sense.
They will have NOTHING in 6 to 12 months time, NO job and NO house and probably no marriage.
They can sell now and walk away with a good profit, rent for a few years and pick up a bargain. They bury their heads in the sand and do not look at the state of the Global and US economy. The Us property bubble and economy is going to implode like NEVER before.
That is one thing about the FED and high interest rates, once unemployment rises, they cannot control it, and the FED will hope its going to be short and sharp....nope, this one is looooong and deep. The FED has never been in control of the economy, not one with this level of debt,,,,never, Not even 1929.
I sold up my properties and got out. Am done with that and going to enjoy life.
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I learned the hard way that Champion plugs are junk, useless junk. I was working away from home, and wanted to give the car a quick sparkplug change.
All the motor factor had was Champion plugs, there was probably a reason he had plenty, I soon realised.
I took out the old plug, fine. and put in the Champions. The first plug was in hand tight and then gave it a eighth turn, not tight, just enough to seat it, and it bloke.!
It broke at the top of the thread. Luckily I had a wide blade screwdriver, I was able to jam it in the inside of the plug and bring it back out.
Lesson learned ALWAYS use NGK plugs for that application, NEVER use junk Champion.
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Just the usual American story, not very bright RJ. You guys dont look beyond your own shores.
You just CANNOT stop aid to Ukraine, Israel, or Taiwan.
Not unless you want to be speaking Russian or Chinese in 10 years time. They will be all over the US very very shortly.
For all your Financial acumen, you are a geopolitical simpleton.
You will have no stocks, investments or economy if you let Russia and China walk all over you.
No matter what graphs you use to show US economic performance, they are essentially useless. The Us will go not Depression, not by the FED or the Treasury, or The House.
The US economy will crumble when a wave of small countries like Sri Lanka default on their USD denominated debt. They will be bailed out, NOT by the IMF or World Bank, but by the BRICS Gold backed Development Bank.
In the 70's ONE central American country defaulted on its debt and the US went into recession and 18% inflation. What happens when 5 countries default on their US denominated debt? 🙂🙂🙂
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When you read some of the comments on here, you do understand WHY:
The US is globally ranked 25th for Education.
The US is globally ranked 37th for Healthcare.
By far, most of the viewers are from the US. Many cannot take in information, that can be attributed to the Education system as comprehension is poor.
It can also be their Healthcare system that cannot treat people with ADHD.
It is a fact, and it is verifiable by Google: Just Google 'Countries that DO NOT have universal healthcare'. That is it - so simple.
The answer from Google is:
US
Yemen
Iran
Afghanistan
Pakistan
Nigeria
Good to see the US is in good company there.
But yup, many cannot comprehend this vid. There are a LOT more US citizens that DO comprehend and get the message that MH created.
There are many rather terrible, incompetent trolls as well...lol.
When we lived through the 2008 crash, it was a full year before the global financial system crashed. We knew something was very very wrong when banks and building societies went into administration 6 months before the global economies shut down.
The exact same scenario is playing out RIGHT NOW, and the result will be worse than 2008, as there are 2 wars ongoing NOW.
There were people in 2007 who said its just a minor blip, and again today - people say there is no property crash and the economy is fine with 8% inflation.
It is just history repeating itself.
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It is true everywhere else, except the US. When you finish at 5 pm, thats it. No email, no phone calls, no txt..it is NOT permitted.
If you pay a few employees standby wages, they may be available. If your employer contacts you and asks one question, they then have to pay you a full days wage, again, that is what stand-by is about.
In every case, you cannot contact your employees out of hours. There is no urgency or emergency for contact. if you encounter problems outwith office hours, it is up to you to employ more people to cover that shift.
In Europe the Max anyone can work is 48 hours, more than that and you as an employer are breaking the law. This is why there is a mass migration of US clinicians to Europe and the UK, a better quality of life. That and the mandatory 30 days paid leave every year. They pay less income tax than you guys and free health and social care.
Do you really want to be seen by a doctor that puts in 60 hours shifts every week??
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Already 5 US banks have collapsed with 4 more in the next 2 weeks. The dominoes are beginning to fall.
Mortgage Backed Securities (MBS) Your mortgage is sold as soon as the bank gets it signed off. These MBS are bought by Shadow banks.
This frees up funds for the Bank to issue another mortgage to another family, this is liquidity. Currently, the banks in trouble are having to sell their MBS at a loss and as a consequence lose money or liquidity. This is how these medium US banks are folding, that and the bank runs as depositors pull their cash out.... They are losing liquidity. If the cant move money through their bank - it shuts down.
This is the credit crunch Dan is talking about, First Republic closing cost the FDIC $13 billion, they only have $95 billion left to cover the guaranteed loans. A few more banks folding will deplete their reserves, after that its NADA, ZIP, sorry - no money left. Oh you were under the impression your bank deposits were guaranteed, sorry we are broke, and have no more money, you are on your own.
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That's better RJ, stick to what you are good at. When you try your hand at politics and World affairs, you embarrass yourself, and get it completely wrong.
In case you did not know, Yellen is head of the US treasury, and has nothing to do with the FED. Grandma Yellen, always utters good financial news
for the US economy, as she should.
What she says and reality are very very different.
You play to your viewers, who are quite simple, But to END the viscous inflation\wage cycle that fuels runaway inflation, they must cool the economy down and stop wages rising. Once you stop wages rising, prices will slow to a stable level. I am giving you the benefit of the doubt here and assuming you DO REALISE this is the mechanism for halting runaway inflation, and you are indeed playing to your audience.
I notice some of your political rhetoric is aimed at your average MAGA voter, quite simply the very people with an IQ below 85.
Regarding World affairs.
Its not your fault, you are just like the average American, clueless about what goes on in the rest of the World.
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Excellent RJ, It is not just the FED and Treasury though. That is only the internal cogs of the US monetary system going round and round.
The Global geopolitical turmoil is about to be unleashed over the Israeli\Palestinian conflict. The shot across the bows from Qatar will blow the FED and Grandma Yellen's books out of the water.
If Qatar halts its gas supplies over the heavy handed invasion of Gaza as it has warned, you will see the US and Western Europe freeze, quite literally. The lights will go out across the Western Developed Economies.
It is engineered that a few hundred Hamas militants would goad Israel into war, a war that Iran, Iraq, Syria and Lebanon are eagerly waiting for, and to remove Israel from the Middle East.
The US fleets offshore are sitting ducks, trapped in a bottleneck of the Eastern Mediterranean and the Red Sea and Straits of Hormuz.
You got to remember Iran and Saudi signed a peace agreement, and the Saudis have all the latest US equipment and weapons, to assist their new best friend.
The oil rich Middle East, OPEC+ and Russia can see the writing on the wall as demand slumps for their raw product as renewables become mainstream.
Your average US citizen love their V8's , maybe not so in the next year as gas hits $50\gallon. There other new best friend, China will take all of the crude shipped to Western Europe and the US.
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As I said in the last Morgan Stanley 2 episodes ago, the 4 big US banks are beginning to fold.
The only reason there is NOT a depression level crash is the FED, Grandma Yellen and main banks being bullish and confident there is no recession.
That only works for a while - papering over the cracks, but a seismic economic shift is taking place in this quarter.
The Western Developed Economies are teetering on recession\depression. The trigger that pushed the economies out of whack is the Israeli\Palestine war going on right now.
What WILL happen over the next few weeks is the total economic war against the US because of its proxy war with Palestine. Expect, very very soon for OPEC+ backed by Russia to drastically cut oil production, not by a few million barrels but hundreds of millions of barrels.
Winter is coming in many guises and the West will suffer.
What will mass unemployment do to the US economy if no Middle East oil arrives for 2 months?
They are Gulf states are serious this time, like NEVER before, and it is because of Israeli genocide. IT will be ten times worse than the oil shock in the early 70's.
Only today, the US has ZERO strategic reserves to pull them through. The Covid turmoil and the Ukraine invasion depleted the reserves.
Not many will remember the queues at gas stations, anarchy, and the paralysation of US industry.
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Dan, the automakers can go on strike. The US has NO auto industry. You guys THINK you do, but you do not.
You only sell vehicles to yourselves. The vehicles are ridiculous trucks and SUV's.
You lost car manufacturing to the Japanese, Korean and German automakers, who made reliable strong vehicles.
BMW, VW, Kia, Nissan, Toyota, all have global markets. the US does NOT.
Except Tesla, but they only have about 5% market share globally. Even BYD sold 500K more cars than Tesla last year. No doubt you will hear more about BYD, they are already kicking the Asz out of European manufacturing, Stellantis etc. Stellantis is a global European based manufacturer that bought Chrysler.
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Once OPEC+ cuts crude production AGAIN, for the 3rd time in 2 Quarters, you will see pain in the comments instead of mindless garbage.
Yup, OPEC+ cut production TWICE to raise the price of a barrel of crude. To their dismay, the price actually dropped.
THIS TIME it will be different, the 3rd CUT in production will be severe, and crude WILL GO to $200\Barrel as predicted by Dimon.
These cuts will commence within the next 2 weeks, certainly before the end of the year.
$200\barrel will produce $15 to $20 gallon at the pumps. That is - if there is gas at the pumps.
Most of the viewers on here will NOT remember gas rationing and gas stations closed because they were dry like the early 70's..
But with 2 wars ongoing and a 3rd ideological war, between the Western Developed nations and BRICS.
Russia, China, the Middle East and Far East are all aligned against the West.
You will not be worrying about your properties or your investments, they will all be gone, but worrying about your family and their grumbling tummies.
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What the Conservative Party STILL do nit understand is the reason they lost so badly.
Constitutional Change is a MUST.
The voters could see Conservative Party Central Office, 20 or so members deciding who the next PM is going to be. They forced useless Boris to resign and supplied Tragic Truss and then Shaky Sunak.
The electorate DID NOT vote any of these morons into No 10, only a select few in a crumbling edifice that is Conservative Party Central Office.
We should have a Constitution. But immediately, Starmer should invoke Constitutional Change where any PM that is lost or resigns, triggers an Automatic General election.
The Blundering morons Cameron, Osborne, Johnstone, Truss and Sunak killed the Conservative Party and quite rightly so.
Do not forget, Osborne FAILED his Math O-Grade, that is the groundwork the Conservative Party is based on, utter incompetence.
don't forget - when I was at School, the students were segregated, those that had academic capacity and those that did NOT.
The ones without academic capacity were sent to do gardening and Home Economics.
The corresponding classes in Oxford is the Bullingdon Club, where the academically challenged had lessons in Home Economics, Gardening, and how to deflect criticism on their stupidity.
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So very true.
I was started a career in construction, stayed for a few years. But I did learn, from older colleagues, that hard work and loyalty means NOTHING.
If you are doing an essential job, you wont get promoted, but kept in that role.
I got some qualifications and moved into geology, started lecturing at college, but it didn't fit with me.
I then moved into Estate Management, and hated it.
I was contemplating which direction I should pursue, Estate Management, or Education,
and was not sure. I then looked at IT, and blagged my way into that career. Initially in Hardware, and then progressed into software.
What I learned, if you show any aptitude they want to put you into middle management. I saw my colleagues in that role, it was horrid.
I knew I could not contemplate managing people.
I've seen it and its happened to me. we were parachuted in to fix a team that was toxic and disrupting the company they were contracted to.
we saved the companies reputation by doing the job the toxic team were not doing. Most of the toxic team were pushed to other sectors. except the leader. he refused to move from the site. So they promoted him!
Another lesson, when you have someone incapable of doing their job, instead of firing them...they get promoted. Just leave that environment.
The best move I ever done was become a freelance contractor. If you don't like the company structure, you end the contract.
It is the best way to advance your career and skills.
If you go for a fulltime position, you stagnate and go backwards. The company doesn't want you advancing your skills, as you will leave for a better position.
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True, Musk did manage to ruin the Automobile industry upside down. But Musk is now past his best. His disastrous decision to build his star factory in Boca Chica, which is NOT a launch site. He started selling a lot of his Tesla stock to fund buying a mediocre social media platform, and then trash it.
Currently, Tesla is outperformed by nearly every other EV manufacturer. Notably BYD sold 500,000 more cars then Tesla last year. The current Tesla range and its horrible jelly mould style is 10 years out of date.
Very quickly, every EV manufacturer now has better technology and models than Tesla. The only lead that Tesla has, is in its FSD Technology, but again, that only applies to highways in California. It is still 10 years away from European roads.
Yup, Tesla and Musk did change the World for the better. But Tesla is lagging behind other manufacturers. But Tesla should have CATL batteries available to them, but they still cannot beat the Chinese when it comes to EV technology.
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