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Rebel Capitalist News

News: New Homeless Statistics Are Truly Shocking

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 16 August 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, global capitals.

0:02.0

You're well. We've got some bad news from the Wall Street Journal,

0:07.6

but I think that if we look at the statistics

0:11.0

and kind of take a step back and then we can maybe use this unfortunate news to better

0:18.1

predict what we may see with macroeconomics, moving into 2024.

0:24.0

That's why I want to address this topic.

0:26.0

So let's go right over to the Wall Street Journal and check this out.

0:28.0

As you guys can probably guess,

0:30.0

the statistics for homeless people have just completely gone off the charts.

0:36.0

They, I guess they set a record or the increase in homeless people over the last year.

0:43.0

So like I said, very unfortunate.

0:45.0

I mean, I don't like, as an American, I don't like reporting these types of stories.

0:50.0

It's not that I don't like them.

0:52.0

It's just that, you know, it's sad, quite frankly. It makes me sad. But we've got to recognize the reality of what's going on.

1:03.4

We can't just bury our head in the sand, for every sake.

1:06.0

And then as prudent investors or people

1:09.1

who are just trying to figure out the world around us,

1:11.3

we have to take this information and plug it into our framework.

1:15.7

That's really why, that's what I want to focus on with this story.

1:18.8

So title, more Americans are ending up homeless at a record rate.

1:23.0

High housing costs and evictions

1:25.4

push more people from homes advocates say.

...

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