 What's up guys today? We have a very very exciting topic of discussing what happened to the Atlas pumpers now facing an SEC lawsuit and Criminal charges for using social media to pump and dump stocks We also go over the FTX scandal and the overall market This one is a jam-packed podcast so we'll for sure want to listen up stick around and enjoy cheers guys and let's get into it What's going on guys we're back with another episode of the after hours podcast today We have a fiery one that I'm excited to start so Alex I'll kind of pass it off to you and we'll go from there. Yeah, so I'm sure you guys have noticed or heard in the news lately There was a massive $100 million pump and dump scam that just got exposed that just got blown up into massive proportions and the crazy part is we're gonna explain everything guys We're gonna explain, you know, who these people are what they did how they did it What's gonna happen and kind of the future of trading because of it? But my thing that surprised me the most is how fast that these people got caught because the saying is the wheels of justice Grind slowly and these people were scamming during 2020 and 2021 and 2022 they got caught usually takes until 22 what like 20 30 for these people to get caught so I think that's very interesting how a lot of these pump and dump schemes are Getting caught faster and yes, I thought that was just kind of crazy is how fast they got them So a little bit of backstory on these things is these were a couple of normal dudes Probably never traded before in their lives or if they did trade they didn't really make much money training and then When the pandemic started and everyone was locked in at home a lot of people started making discord chats They started making telegram chats. They started making these private chats where you know They would just use it as a way to communicate and talk Eventually those private rooms became free rooms where you could join as much Free doesn't matter and they got slowly filled hundreds and hundreds and hundreds of thousands of people just looking for free signals and free alerts Now these people that were doing the scheme, you know, we're pretty well aware of what they were doing So they would accumulate stocks early. Let's say they would buy stock on Monday They would tell all their friends about it on Tuesday on Wednesday They would be tweeting it and then as soon as that tweet volume came in as soon as people started finding out Stock would go up go up go up. They would say they're adding more and instead they would just be selling their position There were very many pump and dumps as you probably can remember from the last year is CEI was a massive one DTS was a massive one and these people just cleaned up. They were pretty much stock Manipulating right they would buy stock early they would pump it up to other people and They would dump the stock when they were telling people to buy more they said that they believed in the company They said that's gonna go to the moon and they didn't even have any shares of it, right? So stock manipulation is obviously illegal. You can't do that We see stock manipulation every single day in our industry on lower scales with screen share rooms with email alert rooms or whatever type of alert rooms, but a lot of those people Although they're making a lot of money. They're pretty small fish, right? And These people in the course of two years made over a hundred million dollars pump and dumping stocks They would buy Rolls Royce's they would buy houses. They would buy McLaren's they will buy diamond jewelry they'll buy watches they buy everything that you could possibly imagine and The craziest part is they would brag that the SEC can't get them They would brag that they're the number one pumpers in the world and I don't know if that's just ignorance I don't know if it's just stupidity But money if when you make that type of money really quickly you almost feel invincible You feel like no one can ever get you and that's why I was so surprised that they got caught so quickly And maybe if they didn't buy all this shit and maybe if they didn't show off all this shit and do all these crazy things That hey, they might have been at least okay for a little bit longer, but We're tagging the SEC SEC's most wanted bitch or some some stupid shit or whatever it is But I mean what we'll do guys will post the full lawsuit in the description in case you guys want to read It's like a 45 page lawsuit and you know, they wouldn't mess with each other and say All right guys, like we're gonna be pumping this today. Yeah, these guys are already idiots We're taking money from stupid people like it's just they knew very clearly what they were doing They did not think they would get caught These guys had a 400 day win streak They would be making a million dollars a week not losing and bragging and bragging and bragging and to be honest guys like We knew everyone knew that these guys were pumping, but on the other side We're short in the hell out of stocks. They're pumping some of my biggest trades this year at last year DTS 170,000 one day CI 69,000 one day I've made hundreds of thousands out of people made millions of dollars betting on the other side of these pumpers So I mean before we continue into you know, what happens next I want to kind of open it up to you guys and kind of if I've missed anything or if you guys want to comment on I think it's just it's wild. No, I think I think these guys were definitely the most Successful pumpers and like the modern trading air and like the last like 20 years like obviously they were like The boiler rooms in the 80s in the 90s and you know, there's always been stock pumpers You're going back a hundred years, but these guys in such a short period of time were able to accumulate Was it a hundred million they accumulated is that there the number I think it totally made a hundred million I think their discord chat room had anywhere between two to three hundred thousand free people Which is insane and it's like for them. It was the perfect storm, right? Because it was COVID met lockdowns met people working from home met trading became cool And then the pumpers just went nuts, right? And and I think that on the flip side like you said it led to a lot of small cap to mid cap traders having the best Years of their lives in the trading in the market because there was so much crazy Volatility and you said there's like pumpers today like there are pumpers every single day like every single day But every single day there are people and pump it and pump it and it's yeah Every every day there's pumpers and stuff But these guys brought a liquidity and a volume that I've in five years have never seen it would be like they would get Involved the stock was gone and it was it was violent rips So it was it was cool to see and and same thing. I think like you said times are just moving faster that they caught Them a lot quicker. I mean it took them five years I think to nail bell for it like after he stepped down and you know, it's just it's crazy To see what you said in a year and maybe it is them taunting. Maybe it is the guys, you know flaunting their I mean you guys have to look up their their pages It's it would blow your mind, you know as before they delete everything, but it is interesting to see Yeah, and I also think that these guys also Still even though after the lawsuit like I'm just I have lawsuit like in front of me right here And I'm just reading it and like one of the guys was like get caught We're we're robbing effing idiots of their money like they did not care about their followers at all And even to this day if you go through the comment section if you read stuff There's still people defending them going like oh, why are they going to jail? They didn't do anything that bad You know, they're not that great Or they are great like they still have a loyal fan base, which is actually crazy to me When you scroll through the discord, I'd say, you know, even even beforehand or like even before this drop They still have loyal people there. They still do have those loyal people, you know It's like kind of like You know, I don't I don't know how to say it but it's like, you know You're still you're still like a fan of like r kelly even after all the shit that happened him dropped, you know Like it's like, you know, you're still you're still that's the thing man. That's the thing that they're Their client base Is garbage man. It's people that's stupid bro It's people that believe in this nonsense and that's it just blows my mind that they were able to amass so many degenerates Yeah, that would buy anything that they said Oftentimes what happened it was would spike up instantly Crash instantly It would lose all their money But because the room was free it just kept turning and turning and more more more more more people because Their business model was not too charged because they could make way more money pumping dumping stocks and going on to the next thing about this is A lot of other people in our industry have been caught for stock manipulation. It's a very very common thing it's like It's almost that thing that's like sweep under the rug because if you have enough money Essentially, you just pay a fine and you're done with it You know, one of the biggest ones that got caught was raging bull. They paid 10 million dollars Another one was I think warrior trading they got they paid three million dollars and now this one with Atlas They Are I think they'd be made an example out of because this whole ftx stuff is going on and If that's like another thing that we're going to be talking about but like In my opinion, these guys were so well politically connected that like they're not going to get anything more than a slap on the wrist And because they're not going to get anything more than a slap on the wrist I think the sec is going to make an example out of this hundred million dollar pump scheme because They need something to take attention away And the perfect thing is sending these guys to jail. So I think based on the times Based on what's been going on There is a very high probability that these people not only are going to give back all the money plus more And see some jail time, which is crazy because now That should make other pumpers other social media influencer pumpers Be scared to help because Now they're next right. There's so many other discord rooms. There's so many other pumpers and The reality is a lot of these guys can't make money trading and that's why they are pumping but You know for us that's on the other side of the trade That makes money when they pump things. I mean, it's a little bit Unfortunate that we're losing pretty much easy money, right? It's easy money it's very easy money to bet against these pumpers wants to trend has changed and You know, this is an opportunity for everyone to kind of clean up before it's all got right Yeah, that's true. And I think pumping is kind of weird because there's like in my opinion There's two kinds, right? There's like the illegal pumping which is like what these guys got knocked for And then there's the guys who actually run like financing and you know, like they're like Stock promoters who basically run up the price of a stock to let them dilute later on So at least in small caps, we won't lose It'll never lose that companies always put out bullshit PRs, which is their own way of doing it But it's true. It's kind of sad to see That we're gonna lose a lot of volume But on the flip side, hopefully a lot of these people who lost money or saw that now understand Like it's time to invest in real education and like that there's millions of dollars to be made but it's like Focus on the right way to trade And I kind of want to touch on the ftx thing You said a little tiny bit, but I just wanted to say I have a feeling that they're going to use this Like they've always said crypto is unregulated So I think they're going to show that how regulated the stock market is And they're going to say in like congress and all that they're going to say well Now the crypto market has to go to this regulation because see we nail pumpers here And we're going to nail pumpers and crypto and then we're going to nail all that So I think it's going to be just a huge. Yeah, I also think like, you know, another like A person like defending people who have done shitty things is kevin oliri right now You know He's out there Literally saying like, oh well, we don't have all the facts yet. We don't know everything like, you know, like I would Potentially invest in this guy again Yeah, bro. Have you got to pay $15 million bro? What the hell else are you gonna do? He got paid $15 million. He lost around $15 million. So technically it's a wash, you know, like technically so He didn't have paid an ftt, right? Am I wrong? He didn't get paid. It was no money. No idea Got paid in the overall token He got paid. I think pretty much they gave him free money. Yeah I mean What the fact is with the ftx stuff there, they scammed not even scam They I don't know if you guys have ever seen inventing anna on netflix, right? If you haven't I do recommend it But like that you basically lied to so many people but somehow through being Persuasive and having money which was actually just customer funds They managed to persuade people to thinking they were the real deal How many people of large like kevin oliri is not a small investor. I think he's worth like a couple hundred million Got this guy and he's standing by he had no idea until the last final day that this company was insolvent And that there was no money But he's now on tv crying to congress saying like We were scammed the company is was put out of business on purpose by cz I think it's also interesting to note that when they give someone that ftt token It's almost like giving them stock in ftx, right? That's essentially what it is. So it's like stock in the company. So I think in scenarios like that When someone like oliri or venture or whatever sees that they're getting stock, they know That the end game is the ipo that shit and then sell their stock for 10 20 30 x profits oliri got 15 million Probably thinking that on the ipo day that 15 million would be 100 million, right? So when that happens that kind of that greed Forces them to look the other way essentially, you never know. Maybe sure. Maybe he didn't know that the books were insolvent But you know, he could have probably done a better job You know at least double checking because hey if I say Hey, I got 100 million in my bank account. Cool. That sounds good. I'm cool with that. But like I could maybe only have a thousand dollars in my bank You don't know and like you just take their word for it because you're like, oh i'm a shareholder now They want a lot of i'm a shareholder, you know, so like there's always has to be a second layer of You know, maybe you got someone to audit it But then if you get someone to audit it, they're gonna say, you know, we don't want you on our team You don't trust us. It's a it's a whole it's like the burning made-off scam the burning made-off scam was If you leave or you pull out money You will never be allowed to get into the fund again and the fund was making like 17 percent a year So it was in their best interest to not question anything to not pull out money Because if you did that you're out of the circle. So it's probably same shit's happening here That was like, um, they asked uh chumath there. Remember, I don't know if you listen to that podcast They asked him they were like They're they they were looking for investment into fcx and he sent them like a page saying like what they need to do to become basically like a Like a serious company as big as they were he's like these are the steps you need to take And basically one of them was like having like an accounting firm Having a board having all this stuff and they literally sent back a message that said Like fuck you Like it was like a literal email back to them. So like and bro How can you not like when you're at that point where your company's valued like fucking 40 billion, right? 40 billion outcome you could say fuck you to anyone you want And it's just funny because at that at that point chumath was probably like wait, what the fuck? Maybe i'm wrong And he said that he actually said a lot of these guys have said they felt stupid the whole time because they were watching people make Money IPO and coins all this crazy shit But i don't know i feel like now it's kind of the end of that cycle and i feel like Maybe we're just starting to unravel But as far as like i feel like it's kind of like a a poetic justice way to end the crazy bull market that we had And like almost like really significant this like Signify that we're deep in a bear market or in like a downturn because think about the last 10 years a lot of people have made a lot of Money and i think these last two two three years because of covet accelerated Fast money from pumpers from from tokens from blockchain all that shit And now all these people are getting like nailed and pegged down So i think i think it's i think eventually the cycle repeats bro the cycle repeats. It's like Humans are naturally greedy. So like something interesting bro is like like currency stuff So like the way usually it works is currency is usually backed by something physical like gold and every time That the currency gets debacked By whatever they say they deback it or they it'll make it uh double checked by anything Eventually the currency implodes Because humans should keep printing printing printing money It's unlimited money and eventually the currency becomes worthless It happens every single time in human history Started with romans and just kept going and going and going the first time it was ever de pegged or de De-synced with gold or whatever it was or whatever they 1971 and next and they eventually humans just like They just keep printing money and they just keep ruining it because eventually that currency becomes useless Same thing in the stock market eventually there's going to come a group of new pumpers Now not on discord. Maybe they're going to be on tiktok And they're going to be pumping shit non-stop non-stop non-stop. They're going to make the next hundred million dollars The cycle is going to repeat because humans are always greedy Humans will always be looking for signals. They'll always be looking for alerts and they're always going to be looking for the easy money They're going to be looking for the lottery ticket And eventually whoever sells them that lottery ticket will make a substantial amount of money The people seeking those lottery tickets will lose a substantial amount of money and the people like us That bet against them will have a significant amount of money with no jail time because we're not doing anything sketchy So the cycle will always repeat Humans will always remain greedy And our job as professional traders Is to find where those pockets of greed are and if warranted To make money on the way down Yeah, I mean pumpers have been around since literally the beginning of of the stock market You can go back to the rose bubble. I mean, I'm sorry till at mania. You can go back to the 1900s guys like jesse You live more. We're always talking about pumpers. So you're right. It's always going to be there Whether it's just the how the message is delivered. It's just different. I think this is one of the biggest I've ever seen of like people getting nailed and I'm very curious to see kind of how it all unravels Um, especially with against so much involved in the media Um, and I know it's big because I have people who are not traders messaging me about it being like, oh my god Did you see the shit? I actually was scrolling on tiktok and I saw it too So it's like this one's pretty fucking big and it's kind of it has all the and I was all the size There's social media influencers. It's the Rolls Royce. It's 100 million dollars. It's pandemic. It's this it's that it's It has everything that it needs to be to be a big story and because of big story It will have a big outcome and I'm very curious to see during this lawsuit Which other people were involved, right? Because I'm positive that These pumps didn't just originate from one discord room I'm almost positive it was a bunch of other rooms working together as well that we'll probably find out about During court because what they'll do is to protect their ass. They're gonna throw someone else under the bus Yeah, and I'm pretty sure there's gonna be some notable reputable people That are probably gonna be involved in this as well. Yeah Well, there were there there've always been like messages leaked between like uh Like on twitter between like other people who have rooms like I don't know if you remember that in like 2020 2021 where They were leaking messages about other people who had and it's all gonna come out man it's all gonna come out and we're gonna see it and it's just gonna be interesting but What this tells me like you said james is like this is This is pretty much the bear market, right? This is where we're at and you know I know you've said that you think it's gonna probably be a big cycle of you know, just nothingness And that is true but I mean for now broke out damn like this is like It's just crazy. It's just crazy because you know, we don't know how long it's gonna last and you know We don't know how much money we're gonna make during that time, but In the meantime, there's still opportunity like this week that we're recording this podcast We have tons of runners tons of moves Exactly so we're pretty much chilling it's just It's just very it's very crazy what's happening and Again, we'll post the full Lawsuit in the description so you guys could read it, but they're literally like for cei They bought two million shares At like 50 cents a share And the stock went as high as like four bucks Was that their biggest pump wasn't there one that won't even create was I forget they had another one Which was another one that was great. I remember that it was a daily I remember in alex there was a period of time where you were hitting it every single day It was like every morning that say up buying more buying still buying still buying and it was every single day but Something I think that's that's really important to like note too is like You're not a real trader in my opinion or like a real like risk manager if your Entire like process revolves around these pumpers like the one benefit to like what we all do Is like we don't need pumpers. It's helpful and it's almost like a subset like niche that we get to trade But like we like like if they never pumped another stock again, it would Wouldn't affect it. It wouldn't affect what it's just an added bonus like every day you make $100 a day day job But you find a $10 bill on the floor. You just pick up a $10 bill Bow says it every year. He's like I should be sending these guys like like a bottle of dawn parry because they pay On the dawn parry a little bit more than that. I think seriously I mean, I don't know I think I think we're in a weird position where like, yes We're in a weird bear market. We're in this little rally right now But also small caps are hot and like all these pumpers are kind of dead right now. So we're still getting opportunity I mean, I just think that the pumpers like Like the one that we have now for instance, like I was saying this to james the other day Like he just his approach is like very bad as far as pumping goes, you know, like Stocks at highs and like he's looking to like Harry doesn't know how to trade these guys don't know how to trade Bro, it's like it's crazy because I was saying to james the other day like oh like what's what's farm ran Like what's he doing james? Like oh, I pump this I'm like what the fuck? Why Bro is to find the lightest volume stock with the lowest flow possible getting as early as possible So as fast as possible and the reality is bro, like I thought I was and again things might change But I thought these guys were gonna at least take it a little bit slower after seeing this shit But I think that They're just people are just greedy bro. I still see it on twitter all the time people are just pumping shit I see everything that people are just doing shit because like That's all they know and without that they can't make money. So I mean look this was bound to happen. They were bound to get caught It was only a matter of time. They were too big not to get caught. It's just to me Funny how invincible they thought they were how they were Paunting the regulators How they were bragging non-stop And those jails those uh the lawsuit the court time everything Be pretty good if they start streaming that shit if they you know how like they had the johnny depp amber her Yeah, they should put this shit on tv bro. Yeah, let's put this on twitch away from ftx Okay, I would I would not put it past these guys to come in with their like roll their crazy watches on and like all that shit Because I think that kind of money can make you ignorant and it can make you feel like you said invincible And that no one can touch you it's just but they loved the attention It will be tweeted this morning my movie gonna be lit or something like that And his lawyer was probably like you'll delete that shit dumbass that took two minutes. That was gone But it's fucking hilarious because these guys again still to this day I mean just like six months ago They were tweeting like the sec come get me and stuff and like well now you got got you know and it's like It's just it's everything is man like to me this this opens up an opportunity for Everyone that wants to learn how to trade to learn how to trade the right way To make money betting against these clowns and that's what we do every single day and like I always say that my c is the best kept secret because like the reality is we sell hard work We don't sell pump and dumps and we don't sell like uh alerts But there's gonna be one day man now people just start to wake up and say, you know what like this is actually the real deal This is where I want to be if I want to be a trader because do like I swear to god I'm not even joking every time I go anywhere anywhere anywhere anywhere and anyone knows what I do And like yo, I'm into the market. I do this and that I get going like whatever it is every single person I know wants to get into the market or is in the market is looking for help Every single person says they try it on their own. They did this they did that and like I think the market Is there's I've always said that there's two biggest ways to make money is real estate and stock market And right now real estate people have too much of a barrier to entry to getting because too much money You at least need fucking tens of thousands of dollars if not like 50k to at least get something right? um So I think the stock market is always gonna be around forever I think the stock market is one of the best wealth generators ever and I think that one day bro We're just gonna wake up and people are gonna realize that hey this these people have been here for a while They've been helping for a while. They do things the right way. They don't scan They don't alert and now I want to be able to learn how to become a professional trader from the Harvard of trading education So I agree. I agree and I think I think right now the the idea of the stock market is scary to so many people because it's like We've been getting like the market itself has been getting wrecked But once people kind of wake up and see like hey these guys have been like consistently like killing it for like Years now and it's like they're doing really well and like things are going great So it's just it takes time. It's all cycle and eventually you who knows bro Maybe what we have to do is we have to do that because like the way we run things guy I mean like obviously you guys know but for the people out the way we run things. There's no alerts. There's no pumps There's nothing it's pure education. We post our watch list 30 minutes before the market opens and all we do Is follow that pre made plan. It's like if you want to bake cookies you need a quarter a cup of milk You need some chocolate chips you need one egg We give you the plan before we make the cookies and all we got to do is follow the plan to make the cookies and maybe what we have to do guys is as away For people to realize is maybe they want alerts. Maybe we alert them to watch us every day so that they see what we're all about I know it's a discussion that we've had internally, but I think that's going to be the next step is for people that want to get You know fed things will feed you guys to watch us and you'll realize that 30 minutes before the market open our plan is made You guys will realize there's no front running. There's no follow the leader. There's nothing like that and Maybe after that then you'll want to take trading seriously Yeah 100 100 I think that's why like, you know, we always make it a clear point that like we're actually trading something That's repeatable too. It's not like 30 seconds into the into the day We're not we're like everyone's buying this shit like that's not even remotely So it's completely opposite and when I explain that to people They don't they don't even understand it sometimes and I'm like look like this is what we do This is what I do Like you don't even have to trade the same shit But you're here to learn and you're here to to get you know education and also like network with smart people So this is a skill that lasts a lifetime bro Once you figure this shit out the stock market is not going anywhere You'll be able to eventually print money out of any country in the world any place in the world As long as you have an internet connection Yeah, and speaking of the stock market not going anywhere. I wanted to uh before we wrap up I wanted to touch on uh like cpi and some of the news we got yesterday. So Obviously we got a lower inflation print It was at 7.2, which is funny because the stock market ripped Even though 7.2 is dog shit and it means we are still 5 away from uh Powell's goal of like 2 Yeah, which is probably aggressive And yesterday they raised rates. Uh, was it a half a point raise? Yeah, half a point. Yeah Well, they still raised and he did signal that that potentially in 23, uh, they could be slowing rates You know and kind of stopping that and trying to aim towards his goal But what do you guys think about everything that that kind of came up this week? I think they're just gonna keep hiking until that he reaches his goal I mean that's really it like I mean he came out like what was it? I don't know if it was last week or the week before but Came out and basically said like oh like we're thinking about slowing like we're thinking about slowing and then hike to half point so, I mean I think like to me like I mean 7 inflation shit The only tool they have is is really for the most part to hike those interest rates So he's just gonna keep doing that. I mean they don't really have a choice That's the only tool in their fucking toolbox like, you know Most traders have like a wrench a hammer and like whatever tools a screwdriver you have this dude just has a fucking hammer So he's just gonna use that, you know And that's really about it. I mean there's not really much else they can do so I have a hard time believing that they're going to slow rates when you know, that's the only tool he has, you know Yeah, I um I don't see a world where we get anywhere near like two to three percent inflation within the next like couple years I just don't see it I don't see it. I feel like we're probably Going to sit at a hyperinflation whether it's just sits at like five percent or even a little higher for multiple years And I think we're just going to have high rates high inflation for a while Until it all breaks and I think like Alex you've mentioned in the past like something needs to break Before things can really change and I was going to say bro I was going to say they're going to keep going until something fucking breaks And they're magic tool they have they have one more tool here They're magic tools the money printer. Oh, yes. Yes. Yes. They're going to keep going until something breaks And they're going to save us by printing money. That's it. It's all it is They're going to break shit until they start the cycle again That's it the hammer and the printer the hammer and the printer after all it is, bro They're going to break it until they come and say guys. I'm here to fix you. I'm here to fix it I'm going to I'll give you a stimulus We're going to be fine. Don't worry Uber just went bankrupt. Oh, we're going to see what I'm waiting for We're a domino that's huge like something that's so out of the blue like fucking tesla some crazy It's going to be something that like no one fucking expects like fdx and no one expected that shit And I don't know what just wasn't close enough to home. No, I think that was a gift I think that was a gift to everything that they collapsed because I don't even think I don't think anybody knew about that shit It just happened But there will be a company and it's it's a perfect storm right now for the federal reserve because right So we have the house and the senator split. So they're not going to be printing any more crazy money Through, you know policy, but the federal reserve can print they have their own narrative and they have their own mandate which is two to three percent inflation And try to get lower interest rates So they're gonna like you said, we're gonna they're gonna keep pushing and pushing and eventually something will break Something's gonna break bro. Something's gonna break something's gonna break and when it breaks That break signal that Gapped down that flush is that buy that is the signal that is the signal Yeah, and I mean everyone says it all the time like I follow a lot of really interesting people on twitter that talk about this And they're just saying how this whole time as crazy and volatile as it been like you get the vix no one's afraid No one's afraid because nothing crazy has happened. We've gotten like news of you know, some layoffs Economics slowing. I think that we're gonna have it's gonna continue like this until 23 And then we're gonna start seeing the corporate earnings come out from these massive companies And they're gonna say wait a second the holidays were kind of shit this year spending was lower People are starting now to fall behind on Payments, I mean I posted we were talking the other morning about how like credit cards and stuff and like People are still very caught up and people have been spending money But I think we're gonna start seeing that change really quickly in in delinquencies and and people just lower savings and all that Bro, everyone that I know that has money is not trying to spend money right now. Yeah, it's crazy Man, I fucking went out to dinner last night. I went two nights ago. I went out to dinner 200 bucks. It was nothing. We ate at some chain restaurant and it was shit. It's 200 dollars That's why I'm like, I don't want to spend money anymore Anyone with any sort of money has smartened up and realized it's just a waste It's a waste to go out and do it right now. So but people who have less will continue to spend They'll continue to blow money. I mean, I went Christmas shopping the other day I see people maxing out credit cards at Louis Vuitton doing crazy bullshit So it's just that will continue and that cycle will happen and then like we said it'll break And then we'll be ready to kind of move into the next cycle Yeah, makes sense. Yeah, I think that's it guys. So what we'll do is in the description We'll put all the uh, the lawsuits the information and everything so you guys kind of decide for for yourself Everything we said is for Entertainment purposes only This is not our opinions or these are our only soul opinions. These are not backed by anything other than comedy So don't try to sue us because we have too much money and you won't win All right, well, we'll end it on that. I love that disclaimer Motherfucker