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Henry TheGreatAmerican
Michael Bordenaro
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Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on "Michael Bordenaro" channel.
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@AFRoSHEENT3ARCMICHAEL69 To be fair, a few weeks ago he had a "friend" on for about an hour doing the same thing just before Bitcoin dropped about 15 to 20%
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@kennethoneal9938 Yet you spent the time to type a response. Good for you for not caring.
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You can't judge the current state of interest rates because of the election. Wall Street was originally making a bet the "red team" would win which would result in higher rates. But if the "blue team" wins rates will come down. Not sure why rates would come down with a blue team win, but that is what Wall Street thinks. Ultimately, everyone is hoping A.I. will be massively deflationary if implemented properly.
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Just had to come back to this video and say I was right. The markets still think orange man (sorry, post was censored when I used his real name) is going to win and look at what is happening with interest rates and the dollar. Both are going up a lot. That means if orange man wins, the market expects higher interest rates and higher inflation. And there will be less "trust" in USA debt meaning nobody will want to buy treasuries. This will further increase interest rates. And China might take advantage of this and further sell their treasuries which would further increase interest rates.
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That moving truck at 1:44. Someone moving in or out?
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Good for you. You are finally catching onto the asset accumulation by the wealthy. Now you need to figure out a solution. I've already mentioned numerous times on your video a wealth tax on assets each year whether they are sold or not. And make it kick in if you own more than $10 million worth of assets so it doesn't affect regular people. What other solutions you got besides that?
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Oh come on.... You didn't flirt with the "hottie" in pink at 7:48? I'm seriously biting my tongue, holding back what I really want to say LOL.
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@ You wrote nothing and said nothing. I'm not going to explain a complex financial issue with student loans to someone like you on youtube. Go ask about it on ChatGPT or some other A.I. platform and get a few different perspectives.
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@davecrupel2817 Because the other side of the equation is a complex financial scheme like mortgage backed securities. It's not something you discuss in simple terms in a youtube comment section. Especially when you can easily research the topic in greater detail with a simple search.
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Yea, who needs hospitals, roads, and anything that doesn't support those who buy mansions.
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@billtribble2904 There is a reason nobody wants to move to Kentucky, Mississippi, Kansas, etc....
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I remember long ago when I was traveling moving cross country in my early 20's. I hit a deer in the middle of nowhere in South Dakota and totally wrecked my van. I needed one of those ninja loans to get a used car at the only local lot in the area or I would have been at a complete loss.
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@ripvanrevs Wish there was help for you seeing the obvious.
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Property taxes yes. Interest rates NO. The economy is not tanking.... yet. Lower interest rates right now will put it into pockets that will further inflate asset prices.
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Why bother with a mortgage when you can just squat in an empty house 🙂
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You missed a few details on why Volkswagen is struggling. The war in Ukraine is causing major headaches for many European countries whose energy prices skyrocketed. And let's not forget cheap Chinese EVs beating the competition because the Chinese government massively subsidized the EV industry.
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@ I'm sure one day when you grow up and have to deal with reality after leaving your mom's basement, you'll understand how real world works
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PCE report was around 2.2% today, and that is the measure of inflation the FED focuses on. So expect interest rate cuts. They will most likely only be 0.25, but they will definitely come. And personal spending by people is also up more than expected. So the economy is not crashing. It's stable and growing (not booming). As for HoA's.... I'd avoid any housing development that has one unless it is a condo. Then you really have no choice.
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You are making his point. I'd say 62 is still part of the boomer generation that benefited from decades of relatively low inflation with asset prices (stocks, housing, etc...) constantly going up. But that came at a cost. Our beloved government was using endless amounts of debt to increase those asset prices. The current generations under age 50 are paying for your great life.
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@EvelinHolmes It doesn't cost a lot to trade the AUD/CAD forex pair. The AUD/CHF costs a bit more though. Too bad the AUD/CHF does pay a bit more because the spread between Australia rates and Swiss rates is much greater than the spread between AUD/CHF. And like I said, it pays daily. So not sure what you mean by wait. I'm also holding a lot of municipal ETF funds for a few years netting me between $400 and $700 monthly depending on the dividend payout. Again, not making me a fortune, but that will add up if I live to the age of retirement. Combined with social security it's more than enough to get by as a single person if needed. But I still have about 20 years or so to worry about that LOL.
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@EvelinHolmes I just checked the cost to trade AUD/CAD and AUD/CHF currency pairs. First off 1 lot equals 10,000 of the currency pair. It costs about $263 to trade one lot of AUD/CAD and $329 for AUD/CHF. But you really need to trade 6 or 7 lots to see any difference which means the real cost is about $1300 for the AUD/CAD and $1900 for the AUD/CHF. That sounds like a lot, but I'm currently earning about $10 to $15 a day ($200 to $300 monthly). That's more than a 10% gain per month which is considered really good unless you are trying to get rich quick (and ultimately lose all your money). And I'd choose the AUD/CHF over the AUD/CAD because the central bank interest rate spread is greater which means you earn more per day holding it. Go check the spread differences and see for yourself. A municipal bond ETF you can generally hold forever. You can't really do that with currency pairs because central bank interest rates can change every few months. That is the only warning. But the good news is you can tell well ahead of time if the rates are going to be changed against your trade. Central banks usually warn way ahead of time what they are planning to do so they don't shock the markets.
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@EvelinHolmes Not sure why my comment got censored.... I just checked the cost to trade AUD/CAD and AUD/CHF currency pairs. First off 1 lot equals 10,000 of the currency pair. It costs about $263 to trade one lot of AUD/CAD and $329 for AUD/CHF. But you really need to trade 6 or 7 lots to see any difference which means the real cost is about $1300 for the AUD/CAD and $1900 for the AUD/CHF. That sounds like a lot, but I'm currently earning about $10 to $15 a day ($200 to $300 monthly). That's more than a 10% gain per month which is considered really good unless you are trying to get rich quick (and ultimately lose all your money). And I'd choose the AUD/CHF over the AUD/CAD because the central bank interest rate spread is greater which means you earn more per day holding it. Go check the spread differences and see for yourself. A municipal bond ETF you can generally hold forever. You can't really do that with currency pairs because central bank interest rates can change every few months. That is the only warning. But the good news is you can tell well ahead of time if the rates are going to be changed against your trade. Central banks usually warn way ahead of time what they are planning to do so they don't shock the markets.
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@EvelinHolmes Not sure why my comment got censored.... I just checked the cost to trade AUD/CAD and AUD/CHF currency pairs. First off 1 lot equals 10,000 of the currency pair. It costs about $263 to trade one lot of AUD/CAD and $329 for AUD/CHF. But you really need to trade 6 or 7 lots to see any difference which means the real cost is about $1300 for the AUD/CAD and $1900 for the AUD/CHF. That sounds like a lot, but I'm currently earning about $10 to $15 a day ($200 to $300 monthly). That's more than a 10% gain per month which is considered really good unless you are trying to get rich quick (and ultimately lose all your money). And I'd choose the AUD/CHF over the AUD/CAD because the central bank interest rate spread is greater which means you earn more per day holding it. Go check the spread differences and see for yourself. A municipal bond ETF you can generally hold forever. You can't really do that with currency pairs because central bank interest rates can change every few months. That is the only warning. But the good news is you can tell well ahead of time if the rates are going to be changed against your trade. Central banks usually warn way ahead of time what they are planning to do so they don't shock the markets.
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Not sure why my comment got censored.... I just checked the cost to trade AUD/CAD and AUD/CHF currency pairs. First off 1 lot equals 10,000 of the currency pair. It costs about $263 to trade one lot of AUD/CAD and $329 for AUD/CHF. But you really need to trade 6 or 7 lots to see any difference which means the real cost is about $1300 for the AUD/CAD and $1900 for the AUD/CHF. That sounds like a lot, but I'm currently earning about $10 to $15 a day ($200 to $300 monthly). That's more than a 10% gain per month which is considered really good. And I'd choose the AUD/CHF over the AUD/CAD because the central bank interest rate spread is greater which means you earn more per day holding it. Go check the spread differences and see for yourself. A municipal bond ETF you can generally hold forever. You can't really do that with currency pairs because central bank interest rates can change every few months. That is the only warning. But the good news is you can tell well ahead of time if the rates are going to be changed against your trade. Central banks usually warn way ahead of time what they are planning to do so they don't shock the markets.
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@EvelinHolmes I wanted to give more detail but youtube kept censoring the comment. Oh well.... I love how scam posts all over youtube stick, but try to make a sensible helpful post that talks about investing and it gets deleted by youtube. Maybe it's because I already made a lengthy post in this thread and it was considered spam? And no, I was not trying to sell anything. It was a bit more detail on the trade I discussed previously.
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@staycurious3954 quit being a waste of internet space?
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I noticed the surfboards available for rent around 1:53, but when I looked at the water there were hardly any waves. Are people renting those surfboards as a cheaper alternative to boats for paddling across the water?
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"Everything is down" But my municipal bonds are still paying out the same dividends!
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It will be there if you stop listening to pundits and voting for people who want to hand it over to private banks.
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It will be there if you stop listening to pundits and voting for people who want to hand it over to "the dark side." Sorry, had to use the phrase dark side because youtube kept censoring the real words I wanted to use. This platform is becoming more and more useless by the day.
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Truly sad. Anytime I tried to explain why it won't be there and what to do to stop that from happening, youtube kept censoring the comment. This platform is becoming more and more useless by the day.
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Stop listening to whatever news media tells you that nonsense. But more importantly, stop voting for people who want to hand it off to "consumer unfriendly institutions" Yea, had to use that quote because of youtube censors.
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@rockyroad7345 Interest rates are not the fundamental issue for home affordability. Granted, they can be a problem, but that is not the issue today. I'd rather spend 12.5% interest on an affordable home based on our median income than spend 4% interest on a massively overpriced one like we have today.
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So you are siding with the people who perpetuated the fraud rather than the victims?
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@ Well, to be honest, if I wasn't already living in the Northeast, southern (western) Illinois had some nice houses at fair prices. I saw a few in Granite City and Springfield for example. I'm not looking to move there, but I was just randomly looking in various states over the last month or two.
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@Boots_And_Slicks14 I see plenty of condos for under 80k that are 1 bedroom and some are 2 bedroom. Most are in Tucson though. And it isn't a ghetto. Looks like a generic condo area for small working families or someone living alone. And like I said, I was looking at those places as a vacation home under 100k. But Arizona is honestly not a top "vacation" home spot. I also see a bunch in Albuquerque, NM not far from the colleges. Again, not a high class area.... but far from a ghetto as you put it.
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Your list of cities in this video basically confirmed what the chatbots told me 🙂 And these guys (including you) want to bring this to the rest of the country.
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Oh, and any economic shifts starting in early January? Totally due to the incoming administration, even though they're not officially in until the 20th. You see, the market wizards and their crystal balls have this knack for "pricing in" major economic shifts before they actually happen.
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@voicefromthedark-t2w Yea, he thinks spouting this misinformation will get him in good graces with the conservatives in Palm Beach. I think he is a little late to the party. The country as a whole is starting to see through the nonsense.
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As someone else said.... The revolution is here. Just don't expect to hear about it on corporate media. Luigi and the New Year's Eve attacks were the most recent examples. But all those other "smaller" revolutions from occupy wall street to black lives matter should not be discounted.
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Anyone else expecting him to grab a basketball and dunk at 0:06?
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I plan to use my future U.B.I. check to retire in a tent on the beach near your condo. Nearby, I'll build a huge sand castle with a little flag that has your name on it!
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As long as your van is not by the Mississippi river you will be fine. That thing is drying up faster than the American dream!
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Don't forget to blame it all on Biden
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Have it delivered to the local post office and pick it up there (assuming package isn't heavy).
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^^^^^ Clueless poster 😞
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It's not all speculation when it comes to tariffs. I've been looking to purchase a new computer since the holidays and prices of similar models have only gone up. I regret not taking advantage of the bargains I saw in December.
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Using Big Lots as a measure of how bad an economy is doing..... /boggle
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@MarkBush-en5cz I'm doing fine with my investment for now. It offers me enough to where I only need to work on weekends to live comfortably. Sure, if I worked more hours I could build that investment even more, but I rather live better now than when I'm old.
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It’s not about wanting DT to fail or how many media outlets run the same story. If the info is false, that’s on them for spreading it no matter the source. And most of these outlets won’t correct the misinformation. They’ll just let it keep spreading.
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