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You dont how to treat people. Andrew oh, yeah, i do. Lemonis no. But today, im a proud partner in over a dozen companies. Stephanie whoo lemonis tonight, im gonna tell you how they do it my best deals, my worst deals. Steve id rather be in more debt than have you running my company. Lemonis this is the profit a progress report. My name is Marcus Lemonis. Change is difficult. And over the last 18 months, ive introduced you to 23 Small Businesses across this country, many of them in pretty bad shape. This is a bad scenario. Woman we dont have the money to pay them. Larissa just everything all the bills and everything thats just been piling up. Its just so much. Lemonis thats fine. And i fix failing businesses. Its been an interesting journey. Well, this looks a lot better in here. A tough one. I took you at your word gary bull[bleep] lemonis cause when each episode ends, my w ....
Hello america azure this is the kaiser report a man to quick low dial 1800000000 extension 0000 more on this. Ok boomer you are a boomer and you sound like a boomer always loans loans loans debt debt well i want to start this episode with this theme of boomer which has gone viral of course and thats the millennium versus the boomers the millennial. Basically rising up ok theyre the biggest voting block on the in town and theyre. Asserting their power so 1st to put the context of whats going on in america thats ok boomer thing i want to look at this chart and this is only from 79122010 and it shows the u. S. National debt and the u. S. Annual g. D. P. Says he see from when we started our National Debt in 179100 all the way to just after a while where to we had almost no debt g. D. P. Stayed flat and now the least nominally our nominal g. D. P. Is going up rapidly but its almost entirely with debt and as we know from covering drone p ....
A boomer always loans loans loans debt debt well i want to start this episode with this theme of boomer which has gone viral of course and thats the millennium versus the boomers the millennial. Basically rising up ok theyre the biggest voting block on the in town and theyre searching asserting their power so 1st to put the context of whats going on in america thats ok boomer thing i want to look at this chart and this is only from 79122010 the shows the u. S. National debt and the u. S. Annual g. D. P. Says he see from when we started our National Debt in 17 9100. 00 all the way to just after a while where to we had almost no debt g. D. P. Stayed flat and now the least nominally our nominal g. D. P. Is going up rapidly but its almost entirely with debt and as we know from covering drone powell last week you know that is starting to we were having to create 3. 00 a day just for 1. 00 g. D. P. Said those are going to cross at one po ....
Debt because the cost of incurring debt is for most people on wall street is their own. Cost anything. And used to be going back even 20 years hed have to pay 5. 00 or 6 percent in interest to take on a bunch of debt now to 0 in back in the in the u. K. Recently they had Interest Rates at a 300 year low price so theres no cost for that if you dont have to pay for it any just get it for free get a bunch of money delivered your office for free and you can go buy tiffanys with it or if you go buy a big production utility with it thats guaranteed income or buy Huge Corporation with it why not well there used to be a cost to debt which is why we did not incur any debt which is why we could not as a nation and thats why the g. D. P. Stay flat along with the flat levels of debt baby boomers were born in 1946 s. The 1st of them the debt started to rise g. D. P. Also started to rise ....