26 million unemployed

26 Million Unemployed in 5 Weeks – Its Effects on You and the Economy

26 Million Unemployed in 5 Weeks – Its Effects on You and the Economy

26 Million Unemployed
26 Million Unemployed in 5 Weeks – Its Effects on You and the Economy

In this episode, we talk about how 26 million unemployed in 5 weeks affects you and the economy.

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In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.

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Because of this, I’m often asked about the latest trend in investing, whether would it be years ago, gold and silver, the Greek Crash a couple of years ago, or more recently, weed stocks and cryptocurrency.

To see our other videos in this series, where I give my thoughts on weed stocks, crypto, diversification, retirement plans and more, click here.

Today, I want to share a Facebook Live I did last week talking about the staggering effects of 26 million Americans becoming unemployed in last 5 weeks.

Let’s get to today’s video

Here are some of the things I talked about in the 1 – hour video above.

  • Why there are 26 million Americans unemployed in the last 5 weeks.
  • Why it makes no sense that the market is up every week on Thursday even after these horrific job numbers are released.
  • What this means not only for the 26 million that are already unemployed.
  • But also what this means for the US and our economy.
  • And also the World and the world’s economy.
  • And more.

More content

This video is part of the IloveValueInvesting Podcast which was recently voted a top 15 value investing podcast in the world by Feedspot.

You can listen to this episode and our others in this podcast by going here.

Does my reasoning in the video make sense to you? Let me know in the comments below.

Also, here are the resources mentioned in the video…

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