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00:01:34
AFTERNOON VIEW FROM THE RIDGE:
GRINDING US DOWN
👇 👇 👇 👇
👉 THE COST OF FRAUD 🤔
Procter & Gamble just reported another soft quarter. 🤔
Revenue came in at $21.2 billion 👉 below expectations.
The company now expects only 1% to 3% sales growth next year.
This is Tide, Pampers, Crest, Gillette, and Bounty.
👉 When American families start buying smaller packages, waiting for sales, or switching to cheaper brands on basic necessities, the pressure has reached the kitchen table.
Diageo, one of the world’s largest beverage companies, saw North American sales drop 8.4%. 🤯
People are cutting back on alcohol or trading down. Both companies are responding the same way: 👉 cutting costs and eliminating jobs.
The little guy is getting squeezed from both ends. 😔
👉 Higher prices.
👉 Weaker paychecks.
And for years, a government that looked the other way while organized networks drained the system.
👉 That is the real cost of fraud.
For years, medical programs, ...
