Things are going to happen quickly when they start to happen. It'll be a slow buildup to a sudden recognition question I'm getting a lot lately suddenly and we're going to address it today. So, what if you agree with me? What if you say, "Yeah, Peter, I think that you're right." When you're talking about the economy is in trouble. I am feeling the inflation. I'm feeling all the problems. You say, "Okay, you're right. Maybe. So, what do I do about it? What does it mean for you? And in this


video, I'm going to talk to you about some of the things that are going to happen. I'm going to tell you a lot in the right order even. And then I'm going to tell you about the choices you have, some of the things you can think about, what you can do in my opinion. It's not personalized trading advice or life advice or anything. Tomorrow, Wednesday, is the non-farm payrolls. Friday, is the inflation data, but I have to give you a spoiler alert right up front with this. The picture is bleak. even for people


getting prepared and getting ready and who agree with us. The picture is bleak as far as the eye can see. And it's not me saying that. It's the financial information that's coming out. And by the way, in the corner, I'll put some of the videos and pictures of the boat that I didn't get into the last video. Slower job growth expectations. The White House and Federal Reserve officials now expect smaller monthly job gains reflecting weaker labor demand and unusual labor market dynamics. That's


from Reuters. So tell me, what are you guys doing too? That'll help. You'll actually get a lot of people will say what they've been up to and other people will get to read that. So in the comments below, tell me what you're doing to prepare for what you believe is going to happen. And maybe say what you believe is going to happen, too. I'm not trying to boss you. Do what you want. Yeah. >> So, what it's going to look like and what it's going to feel like is just


there's this big overarching umbrella and it's not that but that's also overarching. It's like a dark cloud cover. There's going to be deleveraging and that means that what's happened is people have reached out too far one way. If [clears throat] your broker says you can use $100,000 and leverage and trade with money that's borrowed from us, if they allow that, people typically use up almost all of that amount. So the guy has $90,000 in some speculative stock. If it drops, it becomes a problem and it


becomes margin calls and it gets people to panic as markets fall and there starts like a domino or an avalanche. Things are going to happen quickly when they start to happen. It'll be a slow buildup to a sudden recognition. Concerns about the January jobs report. Economists warned that the upcoming government employment report could show much weaker results than forecast. Oh, really? [laughter] Welcome to the game. I'm glad you're here. And as people can't afford the mortgages they have, and so maybe they


even would walk away if it's lost that much value. That's a person who is dumping a bunch of leverage right at once. And the bank's taking a hit for it. He had $200,000 in mortgage debt. Now he has none because he's persistent consumer anxiety. Surveys show households expect more financial difficulty especially in credit access and future finances. It's from Reuters. People will not be able to hold as much debt and they will be able to take on more debt and that eventually causes a


big deleveraging slowly. That's part of it. You'll see things like pinching shortfalls. You'll see things like bank failures or see a lot of people having their homes foreclosed on if they're not paying their mortgages. And as things start to bounce around a little bit, the speculative nature of everything falls. Speculation reduces. People go risk off into things like gold used to be US treasuries. And by the way, there's a lot of nations now, even China, has said to their own banks,


consider unloading your US treasuries. They've weaponized it. They just didn't want to weaponize at first, but once it's been weaponized, they say, "Well, hey, we'll join the club." High early layoffs. Employers announced 108,435 job cuts in January 2026. The largest start of the year layoffs since 2009, right at the very tail end of the global economic recession. That's from people.com. People are already not paying their credit card bills. A lot of people are going delinquent and that


number will of course climb. It's pretty straightforward stuff. I tell you this, everything's connected. Think of it like a big attached skeleton. When speculation declines or real estate prices decline, that declines the wealth effect. Both of those are going to add to things like cryptocurrencies falling in value. Overall, I believe that there's going to be a massive adjustment to everybody's confidence levels. Nobody has seen anything other than stocks going higher for the longest economic


expansion in history. you know that typically you have a recession every 6 years on average 6 to 8 years and sometimes it's only four years and there's always a recession I've told you before I will stake my career on it there will be a recession then you say well then you just wait long enough and you're right so but if you wait long enough then you're right so healthcare costs are biting the economy rising medical costs $5.3 trillion in20 24, which is about 18% of GDP, are weighing


on consumer budgets and wage growth. That's from the Washington Post. We're seeing the beginnings of the decline in real estate in terms of homes, houses, as opposed to condos. That will pick up negative speed, I think. Is that the right way to say it? It will pick up speed to the downside. As promised, I'll tell you what to do, and I'll get it right out of the way up front so we can be past this. If you want to connect with me, I suggest that you become a Peter Leads team member. There's a fee.


Also, I want you to focus on being more discerning. You've got opinions. You have an idea in your mind what you think is going to happen with gold prices, what's going to happen with stocks, what's going to happen with cryptos. You have that all in your mind. But I want you to think about it from a discerning view where you look into, well, why do I think that? And what is it going to look like if I'm right? Where's my opportunity as that plays out? Private sector hiring slowed


sharply. Only about 22,000 jobs were added in January, which was much weaker than expected. That's from the Wall Street Journal. And save up and pay down. And I look, I'm not trying to be like your dad figure or something because it's like I'm telling all the stuff that your parent might say to you. Make sure you put on a raincoat. But I want you to take this seriously. That's part of it. I think you should save up and pay down. Save up money where you can. Maybe go to that restaurant instead of that restaurant or


walk to it instead of drive, whatever. Like, I'm not You know what to do. And if you have any money to pay down your debt, especially your credit card debt, any high interest debt, do it. Take a side hustle if that makes sense to you. And how is that going to help if you're driving an Uber and now you're busy as heck and the economy crashes? How does that really help? This is why you have to decide what's best for yourself. I don't know. I'm just saying rent your basement if you got extra room. If you


can get a few extra bucks, like whatever. I'm not telling you. I'm just asking you to think about it. Think about certain things. Definitely go risk off. Definitely go towards money, which is precious metals. Whether you want to do that through the stocks and a lot of them, this is the thing. Here's a a chart of Galliano gold. said, "This is a holding I have and is it going to go up higher in price?" Absolutely. But it's hard to say when a stock triples in a matter of months.


Say, "Yes, it's a good value." So, you got to decide for yourself. Most of these gold and silver mining companies are undervalued because the prices of the commodities are going to continue to increase as they print more money and devalue their currency and dilute everyone's dollars that are in your pocket right now. A weaker jobs market is expected in 2026. Analysts note the perceived good news of inflation falling has shifted to worry over weak employment. That's from the


Roosevelt Institute. I would be cautious and again this is not personalized trading advice. I'm wrong plenty of the time. I would be cautious with a lot of these stocks other than precious metals and oil companies. oil because that's going to spike a lot as soon as this war with Iran breaks out again. As I told you in one of the previous videos, an unresolved fight always leads to round two. Job openings plunge. US job openings fell to 6.5 million in December 2025, the lowest since 2020, signaling


continued sluggishness in hiring. Associated Press, you should also plan. Decide what you think is going to happen. decide what you think how this is all going to play out and it'll be a lot of in the streets a lot of commotion and in that as you know there's a million opportunities you just have to understand to be looking for them more millionaires were created in the great depression than any other time in history you need to choose what you believe is going to happen take actions to better yourself if you are right and


then live with the success or the consequences of your decisions. And I hope to be teaching you guys how to think about stuff and what to do and how to prepare. And I want to mention that I do kind of feel like some of you are using me as a crutch because you're asking questions that you could easily look into yourself. Take out the middle man. That's all I ever tell you. You guys are all welcome to please come over here. Help me guide you as best as I can. I don't always get it right. Let


me help you by connecting with you through joining the Peter Leads team. Don't forget to tell me in the comments below about a lot of the things you're doing to get ready for this economic storm that is just ahead of us.