Valuetainment - January 10, 2024


2024 BOLD Predictions： Election ｜ War ｜ Stock Market ｜ Industry Disruptors ｜ AI


Episode Stats


Length

14 minutes

Words per minute

216.05145

Word count

3,225

Sentence count

236

Harmful content

Misogyny

5

sentences flagged

Hate speech

3

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

40 countries are voting in a single year, 41% of the world s population is trying to elect their leader, and we're one of them. What does that mean for the future of the country and the world?

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 So everybody's asking, Pat, why are you calling 2024 the year of chaos?
00:00:02.940 Let me explain to you why, because 2024 is known as the greatest election of all time,
00:00:07.740 not because of America, but because 40 countries' election are happening this year.
00:00:13.140 Most ever amount of people voting in a single year, you know what the number is?
00:00:17.880 3.2 billion, that's 41% of the world.
00:00:20.560 44.2 trillion dollars of GDP, that's 42% of the world.
00:00:24.740 So what does this do? Here's what happens.
00:00:26.320 Think about the chaotic place you've ever been.
00:00:28.380 What causes chaos? DMV? Chaotic.
00:00:31.300 Hundreds of people there, right?
00:00:32.560 Concert? Chaotic.
00:00:33.820 Leaving a football game, traffic, parking lot. Chaotic.
00:00:37.300 New York City? Chaotic.
00:00:38.680 Las Vegas Strip, New Year's Eve? Chaotic.
00:00:41.160 Airport? Chaotic.
00:00:42.360 What causes chaos?
00:00:43.540 A lot of people trying to get through something fast at the same time.
00:00:48.060 This year, 41% of the world is trying to elect their leader.
00:00:52.480 And you know what countries? US, we're one of them.
00:00:54.920 India, you want me to go through some of them for you?
00:00:56.640 Pakistan, Indonesia, Venezuela, Mexico, Sudan, Taiwan, Tunisia, Austria, Belgium, UK, South Africa, South Korea, European Parliamentary Election, and more.
00:01:06.580 25 more is happening this year.
00:01:09.120 And the people of power don't like it when there's so many moving parts because they're losing control.
00:01:15.220 The people of power don't like the fact that there's a lot of losing of power economically, politically, you know, all these, including spiritually, some of these religion and churches that are running around the world.
00:01:24.700 So today, we're going to make some predictions.
00:01:26.640 Some of them are going to come true.
00:01:27.940 Some of them are not going to come true.
00:01:29.240 But a few of them are going to get you saying, really?
00:01:31.720 You believe that's going to happen?
00:01:32.860 Yes.
00:01:33.680 We believe this is going to happen.
00:01:35.300 So if you give value out of this video, give it a thumbs up and subscribe to the channel.
00:01:47.320 Look, when you have a year like 2024 where everything is predicated based on election, you have to be thinking about, like, the largest Christian nation in the world's elections going on this year.
00:01:56.260 U.S., the largest two countries of Muslims in the world, elections going on this year in Indonesia and Pakistan simultaneously at the same time.
00:02:04.300 What's the first tipping point?
00:02:05.800 Because, you know, when you look at media, we already know one prediction with elections that's going on.
00:02:11.160 In May of 2021, 39% of Americans watch cable.
00:02:14.820 Then it dropped July 2022 to 34.4%.
00:02:18.120 Then January of 2023 went to 30%.
00:02:21.260 Then July 29%.
00:02:22.640 So mainstream media is going lower and lower and lower.
00:02:25.060 First prediction, this will be the last election that mainstream media is going to have the majority influence over.
00:02:32.160 This is it, mainstream media.
00:02:33.660 Enjoy it.
00:02:34.300 It's going to be the last one for you.
00:02:35.720 Because 2028 election in America and worldwide, it ain't no longer going to be mainstream media.
00:02:40.100 It's going to be a complete different story with podcasts, independent, all those guys that are doing what they're doing.
00:02:44.880 You will be gone, mainstream.
00:02:46.440 That's the number one prediction.
00:02:47.680 Enjoy this final ride of yours.
00:02:50.160 Then guess what?
00:02:50.760 Go retire your jersey and your teleprompter.
00:02:53.880 And then afterwards, maybe even your earpiece, you've got to hang it up because you've got to figure out how to do this without a teleprompter there in 2028.
00:03:00.960 And somebody telling you what to do because that's changing.
00:03:02.860 Now let's talk about elections.
00:03:04.060 You know what the pandemic did to us?
00:03:05.400 It made many people lonely in America where they did not have somebody to talk to.
00:03:09.260 Numbers came up saying 33% Americans feel lonely.
00:03:12.100 JP Morgan Chase just came out talking about 99% Americans are doing worse today financially than they were three years ago.
00:03:18.120 These may be tough times for some people.
00:03:19.640 One of the worst things you can do is not talk to anybody.
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00:04:13.820 Think about what's going on, why I call this a year of chaos.
00:04:16.620 The year of chaos is when people panic, right?
00:04:18.420 Oh my God, I'm losing control.
00:04:19.820 Why are they losing control?
00:04:20.920 You know why?
00:04:21.480 Tell me movies where two groups that were pinned against each other finally realize they're not each other's enemy.
00:04:28.360 Behind closed door, somebody is pinning you against the other person.
00:04:31.980 In the movie Gladiator, remember that scene where, show your face, Gladiator?
00:04:36.000 And he turns around, shows his face, and then who unites?
00:04:39.500 You have the emperor, you have the fans, Colosseum, and you have the Gladiator, right?
00:04:43.600 At first, they're together.
00:04:45.280 All of a sudden, they team up and pin against him.
00:04:48.340 They realize he's the manipulator and he's the enemy, and these guys unite, right?
00:04:52.220 You remember that movie, same with Divergence, same with Hunger Games, where you realize somebody is pinning you against each other.
00:04:59.140 You know what's going on to the world today?
00:05:00.600 We're realizing the people of power who are afraid of losing their power.
00:05:04.220 These organizations like the World Economic Forum or the World Health Organization or all these other political elitists,
00:05:10.920 they're afraid because you and I are realizing we're not enemies.
00:05:13.600 We're still looking at each other and saying, why am I hating you, dude?
00:05:17.160 I don't, I just disagree with you on six issues.
00:05:19.780 I agree with you on 92 other issues.
00:05:21.320 What the hell is going on?
00:05:22.080 This year, there's going to be unification.
00:05:23.800 What are we, not everybody, of course not, because you can't get everybody, but we're going to unite this year.
00:05:28.300 It's going to be weird.
00:05:29.240 They're not going to like it.
00:05:30.340 The manipulators are going to hate it, and we're gradually going to come here.
00:05:33.100 So there's going to be an element of unification, and the people who you hated six years ago, people you voted for,
00:05:38.200 seven years ago, people you voted for, you're going to be like,
00:05:41.360 hey, that guy's as not as bad as I thought he was going to be.
00:05:43.500 So this is why I think Vox has 55% chance you know who's going to be the president this year in 2024.
00:05:49.200 It's going to be Trump.
00:05:50.160 That's what they're saying.
00:05:51.040 And by the way, I kind of agree with him.
00:05:52.900 I think Trump's going to win election this year if nothing crazy happens.
00:05:56.280 And so that's the next prediction I'll make to you on who's going to be the president.
00:05:59.220 I think Trump wins election, and if you believe Trump's going to be winning election, you know what that means?
00:06:04.600 You think SMP's going to hit 6,000 before the end of the year.
00:06:07.560 If you're part of the camp that thinks Trump's going to get elected, SMP's going to go to 6,000.
00:06:12.060 End of the year, if not Q1 of next year.
00:06:14.180 Could even happen all this year.
00:06:15.680 The other part that we have to be thinking about, one of the most important dates for the year,
00:06:18.780 is going to be August 19th through August 22nd.
00:06:20.980 Why? That's the DNC convention.
00:06:23.240 Republicans are going to have it July.
00:06:24.760 Democrats are going to have it in August.
00:06:26.140 When that happens in August, here's what many people are going to think is going to happen.
00:06:29.920 Between now and August, they've got about seven months, eight months,
00:06:33.560 they have to be thinking about who's going to be their face in the starting lineup.
00:06:37.700 They know they're not going to win with Biden,
00:06:39.820 because data shows any president's approval rating under 40% doesn't get re-elected has never happened before.
00:06:47.140 So if Democrats go into DNC with that guy being their face,
00:06:51.440 what they're saying is, we know we're going to lose, okay?
00:06:53.460 So they have seven, eight months behind closed doors.
00:06:56.080 Guys like Obama's got to get involved, and they've got to start doing some negotiation to replace Biden,
00:07:00.820 and who that person they're going to replace with.
00:07:02.540 There's a lot of people that see this as an opportunity.
00:07:04.740 Some want Michelle. 1.00
00:07:05.920 Obama's, I don't know, want Michelle.
00:07:07.400 Hillary's dying to be that person. 1.00
00:07:09.000 Democrats don't want Hillary. 1.00
00:07:10.380 Newsom wants to be there.
00:07:11.720 How is Kamala going to step down? 1.00
00:07:13.360 Is Biden going to come out and apologize?
00:07:15.440 Hell, is it going to get ugly?
00:07:16.740 Nobody knows.
00:07:17.480 But that convention that we're going to hear in August is going to dictate.
00:07:21.000 It's going to be the tipping point of a lot of different things.
00:07:23.060 Can you have a formidable person to go up against Trump?
00:07:25.560 We don't know.
00:07:26.040 We'll find out by then.
00:07:27.680 So three things so far we've talked about.
00:07:29.480 Number one, last election that mainstream media is going to have majority of the influence in.
00:07:32.920 It's done with.
00:07:33.580 Number two, Trump president, November 5th, U.S. election.
00:07:37.120 It's going to be crazy, but it's not even going to be close.
00:07:39.800 And the next one that we have, August 19th through 22nd, the DNC convention,
00:07:44.540 they have to introduce to us who their candidate is going to be.
00:07:46.600 Those events, those second and third event that's going to dictate whether S&P is going
00:07:50.600 to go to 6,000 or S&P is going to go to 3,000, depending on who wins November 5th.
00:07:56.240 So this next part is going to contradict what I told you on who's going to be the president,
00:07:59.840 because the next part is about a potential black swan event.
00:08:02.860 What could definitely happen this year that's a little weird, all the movies, the timing
00:08:06.960 and everything.
00:08:07.780 You know, we have pandemic in 2020.
00:08:10.300 You did not expect that to happen.
00:08:11.700 There could very easily be a cyber attack, a power grid type of a crisis taking place
00:08:17.780 in October of this year.
00:08:18.940 Imagine if that happens accidentally.
00:08:20.580 Oh, sorry.
00:08:21.660 You know, October 18th, maybe it's on my birthday.
00:08:24.200 Hey, it's a power grid shut down.
00:08:26.200 The power is down and it's China's fault and it's Russia's fault. 0.95
00:08:29.840 Oops, elections came out.
00:08:31.700 President such and such got 92 million votes, most ever.
00:08:35.140 How did you count it?
00:08:35.960 Well, we were counting all of it by hand, but guess what?
00:08:38.400 Power is back up November 13th and everything's awesome.
00:08:42.240 Isn't that great?
00:08:43.080 Something crazy like that could also happen this year.
00:08:46.420 Now, if you, we, the people expose all of this gamesmanship up front so they know if
00:08:51.780 it does happen that the people are naive about it, then that can be prevented.
00:08:56.000 Again, if people unify, that can be prevented because all they're using is fear of one side
00:09:01.600 to create the other side as the enemy, as delusional people.
00:09:04.240 And they pin you against each other.
00:09:05.500 They sell a massive crisis called the grid.
00:09:07.160 And that's why you couldn't vote.
00:09:08.620 And one side's going to say, what do you expect them to do?
00:09:10.820 It's all China's fault. 1.00
00:09:11.960 It's all Russia's fault. 1.00
00:09:13.020 No, no, no.
00:09:13.700 It's internal.
00:09:14.460 Remember how I started this video?
00:09:15.960 The people who have control and power don't want to give it up.
00:09:19.520 That's why I call this year the year of chaos.
00:09:21.160 Some of these guys are about to lose a lot of power.
00:09:23.200 They don't like that.
00:09:24.180 They're not accustomed to that.
00:09:25.480 They can't stand that.
00:09:26.800 They know 2024 is that year where they're going to have to give up that power control card.
00:09:31.640 So, they may be willing to go and try everything possible to not give up that power.
00:09:38.540 Do not be surprised if that happens.
00:09:39.860 Here's the other part that's kind of weird.
00:09:41.120 You know, a lot of these companies with all this crisis that's going on economically,
00:09:44.000 the companies haven't been squeezing to lay off a lot of people, right?
00:09:46.980 Unemployment is still relatively around 3.5% to 4%.
00:09:49.540 Nothing crazy has happened.
00:09:50.480 However, these corporate debt payments that they're paying, they're not lowering interest rates.
00:09:56.040 And yes, they're going to lower the rates this year.
00:09:57.840 But if you look at this chart right here, look at the increase from 2023 to 2024 in U.S. corporate debt maturity wall.
00:10:05.320 And in 2526, this is not going away.
00:10:07.920 So, what are people going to do with that?
00:10:09.420 And what happens if earnings for companies drops off and all of a sudden you're hearing these constant earning calls?
00:10:14.760 Well, they didn't hit their numbers.
00:10:15.780 Well, they didn't hit their numbers.
00:10:16.720 Well, the rates are going down.
00:10:17.720 Yeah, but they didn't hit their numbers.
00:10:18.780 What are the companies going to do?
00:10:19.640 They just laid off 3,000 more people.
00:10:21.400 They just laid off 2,000 more people.
00:10:22.840 They just laid off 4,000 more people.
00:10:24.660 Well, I thought it was going to mark, it's going to go up.
00:10:26.900 And then roughly 40% of companies are looking to replace human employees with AI technology.
00:10:32.700 Google alone is preparing to lay off 30,000 employees in its ad sales unit for AI technology transition.
00:10:39.340 And you're ready for this next data, right?
00:10:40.920 I mean, it may concern you a little bit.
00:10:42.520 For 2024, 22% of companies planning layoffs may let go.
00:10:47.680 You know what percentage?
00:10:48.560 30% or more of their employees.
00:10:51.560 Let me say it again.
00:10:52.060 22% of companies, that's one in five, are planning on laying off more than 30%, that's one in three, of their employees in 2024.
00:11:02.300 AI is here.
00:11:03.220 If somebody gets elected that brings the level of confidence that the consumer and the voter has, they're going to be delusional.
00:11:09.460 They're going to be like, at least somebody's there that's going to be leading the case, right?
00:11:12.020 As long as that person's going to be there, I'm going to be okay.
00:11:14.240 So if somewhere in August, September, this happened last time in 2016, in 2016, an article came out saying, Wall Street and New York has said that Hillary Clinton's going to be the president, 80% chance. 0.84
00:11:27.280 That day, the market dropped nearly 1,000 points because everybody was afraid.
00:11:30.840 But flip it.
00:11:31.400 Say an article comes out and says there's an 82% chance that Trump is going to get elected president November 5th.
00:11:36.620 There could be a day of the market going like this, 1,100 points, 1,200 points.
00:11:39.800 If some very influential names say something like that.
00:11:43.580 So, again, but this corporate debt payment and what these numbers, this is not like a thing that has to do with the economy.
00:11:51.140 This has to do with something that we've been waiting for the season to come.
00:11:54.200 It could come at any time in 2024.
00:11:56.000 Again, we'll see.
00:11:56.860 One thing to look out for in 2024.
00:11:59.080 When it comes down to war in 2022, we had more casualties due to war than we had in the late 80s.
00:12:04.500 We haven't had it for a long time since the 80s.
00:12:06.560 And then 2023 beats 2022.
00:12:09.100 So, 2024, what's going to happen?
00:12:10.960 Well, if we look at data, this is what I would tell us.
00:12:13.520 What is common between 2021, 2022, and 2023?
00:12:17.440 It's called a very weak leader and president in America.
00:12:21.320 His name is Joseph Biden.
00:12:22.860 Nice guy.
00:12:23.700 But he sleeps to 37% of his presidency.
00:12:26.660 He's taking vacation.
00:12:27.680 What does that do?
00:12:28.600 An opportunity for enemies to attack.
00:12:30.660 So, if that trend continues in 2024 and there's some other people that are sitting there saying,
00:12:35.520 hey, man, Taiwan's got an election coming up and we're China.
00:12:38.400 Is this our opportunity to do something?
00:12:40.140 Maybe.
00:12:40.860 Will they?
00:12:41.360 Will they not?
00:12:42.100 I'm convinced there's a part of these people that are capitalizing that also want America to have a stronger leader to lower the temperature.
00:12:50.940 These same big people that go like this, I think they want America to become stronger to lower the temperature around the reckless bullies worldwide that we're seeing in the Middle East and some other places.
00:13:01.200 North Korea the other day said, if America does something, we have what it takes to attack America today.
00:13:06.280 What?
00:13:06.720 He said this just last week.
00:13:08.520 What are you talking about?
00:13:09.560 Little weird, little crazy.
00:13:11.180 Unfortunately, we got one more year to go with a president in America that nobody fears and nobody respects in terms of war.
00:13:18.060 That part is a little way too unpredictable to see what's going to happen.
00:13:21.360 Somebody could say this is our last chance to do something with an enemy that we have way before a person like Trump gets reelected in America.
00:13:28.800 Two last things to be thinking about.
00:13:29.880 Number one, remember when banks were going out of business and America came up with this bank term funding program to prevent banks from going out of business?
00:13:37.860 That's set to expire this March, 2024.
00:13:40.720 With a crazy year like this, knowing with commercial real estate, which is my second point, it's estimated $650 billion in property debt maturing in 2024.
00:13:51.300 Those guys are going to want to get their payments at the high interest rate.
00:13:54.180 A lot of these guys owning this commercial real estate property, they're not going to be able to make those payments.
00:13:58.180 Banks who gave up this money, now rates are going so high, it's going to be nasty, which means, again, that program is going to continue way past the month of March.
00:14:08.600 And I think this year in certain pockets, we're already experiencing commercial real estate in certain areas.
00:14:13.280 Property in L.A., downtown L.A., the Aon building, 10 years ago was sold for $268 million.
00:14:18.580 Just closed this week, this last week, for $153 million.
00:14:21.560 Think about you bought a building for $268 million and you sell it for $150 million.
00:14:25.280 Commercial real estate is going to get destroyed in certain markets this year because rates are coming up and they don't have a choice but to make those payments.
00:14:31.920 If you got value out of this video, give it a thumbs up, subscribe to the channel.
00:14:34.560 And if you don't know what a zombie company is, I highly recommend you study what the hell is going on with all these zombie companies in America that rely to pay their salaries to survive purely on borrowing money.
00:14:47.140 The numbers are staggering.
00:14:48.740 If you've not seen it, click here to watch it.
00:14:50.360 Take care, everybody.
00:14:51.160 Bye-bye, bye-bye.
00:14:51.620 Bye-bye.
00:14:52.620 Bye-bye.
00:14:53.620 Bye-bye.