Hello,

so we've got a couple actual new reports coming out showing

that the American consumer, the average Joe and Jane is really getting squeezed.

And when you think about it, this makes a lot of sense when we have high

rates of inflation. I mean, inflation has come down. You guys know from watching this channel,

we've had a lot of dis-inflation coming down from 9% all the way to call

it 3.5 that's what the government admits to but 3.5 is still a big number

especially considered the real amount of inflation if the government is admitting to 3.5% is probably somewhere north of call it six or seven percent

and the argument that I always make on this channel are real wages have been declining.

So let's go over to see and be see and they actually put some real numbers to this hypothesis.

And one of the things that we can see happening just all over the place right now are these strikes.

And you see this happening, new strikes popping up almost daily.

Let's go to this and then we're going to go over to how many Americans are

living paycheck to paycheck and then we're going to think through why this happens and then what's most likely to happen for the rest of this decade.

So then we can start to see okay here are the probabilities of the U.S. economy doing this and then you have to ask what the government's response to that is going to be and how that will impact inflation, how that will impact your portfolio, etc.

So, but we start right here.

Why so many workers are striking in 2023?

Strikes can often be contagious.

Okay, well, one of the main reasons they're contagious

is because everyone's purchasing power is going down at the same time.

Key talking points. All together roughly 453,000 workers have gone on strike so far in 2023

as employees across industries fight for better wages

...