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Rebel Capitalist News

News: Shoplifting in NYC Skyrockets (Intended or Unintended Consecuences?)

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 16 April 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello fellow rebel capitals hope you're well so I want to go over a part of the economy that I am

0:06.6

extremely bullish on and quite frankly I can't believe

0:12.6

CNBC isn't talking about this. I mean after all all aren't they the

0:18.8

channel for business? Like when I want to find out what's happening with the economy when I want to find out what's happening with major industries in the United States we go to see NBC right but for some reason I haven't seen them talking about this at all.

0:35.0

And it could be a huge investment opportunity.

0:38.0

That is right.

0:40.0

So the part of the economy that I'm referring to that is absolutely on fire.

0:45.8

There is no doubting this whatsoever is now shoplifting.

0:50.9

That's right. In New York City, and we're going to go over some video

0:55.8

clips here in a moment, but in New York City I just read an article that says, and

1:01.7

this is just in New York City this is not across the

1:05.3

United States although it's a problem across the United States that's for

1:09.1

sure but in New York City this has become a 4.4 billion dollar industry. 4.4 billion in just

1:19.6

New York City. I mean these numbers are staggering and quite frankly I'm extremely

1:26.7

bullish on the industry overall. As sad as that sounds.

1:33.0

In fact, why don't these gangs just create some sort of publicly traded entity?

1:38.0

I mean, and just turn it into a meme stock, for heaven's sakes.

1:42.0

I mean, if they can take game stop up to 400 if they can take

1:45.6

truth social up to 60 or 70 dollars a share why can't they take what would the tickers be like like STEL? Why can't they take ticker symbol

1:58.1

steel up to who knows a thousand dollars a share?

2:03.0

I mean, the sky is the limit because again, if you want to talk about AI being a growth industry, no chance.

2:11.0

AI, no, no, no, no, no, that's yesterday's news.

...

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