Biving in the Biden economy.

Okay, so yesterday we went over the grim details that have not been reported and I've looked.

$7 trillion with a T in personal wealth in America has been lost in the first three quarters of this year.

Seven trillion dollars.

That's not swamp money.

That's not G&P. It's not any of that. That's you and me.

Okay? Bank accounts shrinking, home value shrinking, inflation, taking away any kind of investment opportunities we might have with discretionary income, all of that.

$7 trillion.

All right.

Now, it is the worst decline since the Great Depression of 1929.

That's serious business, and it should be front page and the lead story on every television program, but it isn't because it reflects terribly

on the Biden administration. And that's the simple fact. Stock market down about 25%. In fact,

at one point today, 800 point swings. I mean, this is dangerous. This is dangerous. And I'm going to tell you in a moment,

you know, how to handle this. So, I mean, my advice, you don't have to take it, of course.

And real wages, that means, even though you're getting raises, most of you, spending

powers down. So real wages right now, according to Fortune magazine, which studies

this stuff, are down 3%. The other sets I gave you from the Federal Reserve. The U.S.

government is telling you that $7 trillion has been carved off personal wealth in this country, and money is power.

So as you get older, you need assets to protect yourself from disease, from any kind of maladies that may befall you.

You need money to live.

You need all kinds of things to protect yourself. If you don't have it,

you're powerless. And I get letters every day from people who are in that circumstance.

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