226: 7 Economic Warnings
Every Friday Grant Cardone brings you the Cardone Zone, and today he talks about 7 indicators that suggest the economic window is starting to tighten and close. This isn\u2019t to scare you but to get you ready. The Government wants inflation. They collect more income when inflation happens. For you, saving money is not your problem. You have to learn how to get attention and sell. What if people were chasing money as much as Pokemon? Add strategy and skills to your hustle. Recession proof your income for when you can\u2019t produce any more income. Something bad is going to happen, it\u2019s just a matter of when. Bad things aren\u2019t in your budget.
Here are 7 indicators to keep in mind:
1. Personal income tax receipts are off 11.3% from last year.
2. Corp income tax receipts are down 16%
3. Fed excise taxes are down 0.8%
4. State sales tax up only 2.5%, lowest level in 3 years
5. Federal income tax fell 17% in June
6. Job opening have fallen
7. Wage growth is negative
These are the worst earning reports in 5 quarters. Venezuela is falling apart. Their problems make America look good. The stock market is a complete hoax\u2014a casino. It\u2019s time to get your money right. Get Grant\u2019s Playbook today, because the Millionaire is the new middle class.