The Expert Podcast

• Over the next 12 to 18 months, it will be crucial for consumers to start retaining capital.
• Many people’s monthly budgets act as conduits, simply passing their income upstream to larger corporations, Wall Street firms, and hedge funds.
• If you only serve as a valve funneling money to big companies, you’re essentially a method for the economic system to harvest capital from consumers.
• To break this cycle and secure your financial future, now is the time to start retaining money instead of just passing it along.
• Despite a strong jobs market, layoffs are happening due to several factors:
  • The “quiet quitting” phenomenon where employees do minimal work without formally quitting.
  • Companies face rising costs due to demands for higher wages and minimum wage increases.
  • Employers seek alternatives to hiring more staff at higher costs.
• One major alternative is the rapid adoption of automation and robots to replace human workers in manufacturing, data processing, and other tasks.
• Recent data shows half a million industrial robots were installed just last year, signaling exponential growth in automation.
• Experts predict up to 175,000 jobs may be lost monthly starting next year due to automation.
• This will impact not only workers directly replaced by robots but also those in supporting roles or consumer service industries, as reduced incomes lead to less discretionary spending.
• Businesses may cut staffing or reduce hours, affecting employees even if their specific job isn’t automated.
• To adapt, employees should:
  • Reposition their roles to minimize exposure to automation risk.
  • Most importantly, start retaining capital — even small amounts like $10, $20, or $30.
• Around 60-80% of people live paycheck to paycheck, effectively acting as pipelines moving money upstream to large corporations.
• Building the habit of saving, even small amounts, can develop your financial security and eventually allow you to invest in income-producing assets or launch a business.
• Slowing down the flow of your funds to the broader economic system can help you gain more control over your finances.
• This trend of automation and job loss could significantly impact GDP, discretionary spending, and personal budgets.
• Stay tuned to this channel to monitor how these changes unfold over the next months and years.