Thank you. We are free, we are America.

We are free, we are America.

And the light shines through.

We are free, we are America.

Welcome to Making Sense of the Madness.

I'm your host, Sean Morgan.

I'm standing in for John Michael Chambers, who's taking a health break.

And today we're going to have a really great interview with Mike Miller about the border crisis. And now I'm going to get into the breaking news. This is really interesting because the existing home sales have tumbled for the fourth straight month in a row here. And this is not a good sign for the Biden economy.

I remember back during the Trump years, not too long ago, it seemed like we had good economic

news every single month. And ever since Biden took charge, we've had this depressing news.

This is a false recovery. And these types of home, you know, we thought we were in a home bubble.

We thought that the home prices were going up really high, but what we see is really a demographic change where people are leaving Minneapolis, New York, California, those liberal heck holes, and they're going to Arizona, Texas, Florida, and places that have freedom.

So, you know, the home prices might be going up in those areas because of the demographic change.

But overall, across our country, we're in a housing slump for four months in a row.

So that's just a little bit of financial news,

keep you up to date. And the next thing I want to go over is how some hedge funds are

literally going out of business because they bet against GameStop. This is not a very well-known

hedge fund that went under based out of London, but it was at their peak managing half a billion

dollars. And they owe themselves, they bet against GameStop, and they suffered double-digit losses on that one bet alone.

You know, can you imagine if you were one of those people who put your hard-earned money under their management,

and they made such a big bet on one little thing that they lost half of everyone's money immediately.

So they just, you know, told the investors, hey, we're not in the hedge fund business anymore.

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