Man, my feet hurt for real! Just to let everybody know, I suffered a foot injury plantar fasciitis and that is the worst because your feet need to recover but you have to get up and move around making it painful and slow to mend. Plantar fasciitis can take weeks, months or even up to a year to recover. The crazy part is it is either it’s the toe tendons in pain or under the foot tendon or the heel plantar muscle tendon and you have to be careful and gentle not to re-injure your foot. It can be so painful that I have been distracted from doing anything else but tending to the pain.

I have not been blogging for a minute when the pain was at it worse. But I’m past the peak and healing so I did take care of a few things.

Setup Podcast/Video Space. I’m still working on final software/hardware choices but overall, I will be giving insight and presentations, not a bunch of talking, and some of my content are pre-programmed series instead of live streaming.

Simulated Cyber Center. This is a combination of a data center, crypto processing, and media distribution center. Kinda like those future cyberpunk buildings and I did an article on this.  This helps me understand business and solution modeling for our platform and I see a lot of opportunities.

Renegotiated Deals. Because of the looming economic crisis, I been proactive in negotiating new deals and new rates so I do not have price shocks in the next 12 to 15 months. This is important for anybody looking to keep their head above water for the uncertainty ahead.  

At the time of this writing June 16, 2022 – we are looking at the beginning of economic marginalization underway. The US Fed increasing their rate by .75 basis point is a very big increase and is designed to keep people from having easy access to money to spend and drive-up prices or inflation. African-Americans live off borrowed money and are fronting hard off borrowed money from getting that used Range Rover to begging venture capital for funding. African-Americans are already getting hit hard in real-time as the real pain is being dished out.

Mass Layoffs Underway. We are seeing mass layoffs all over as if the Fed interest rate hike was the trigger. We know brothas and sistas are being targeted and let go first. A lot of folks just worked from home and networked and even worse, folks who jumped ship and got more money at a new firm are on the shortlist to get rid of and find someone desperate for a job and will accept a lower wage.

Dwindling Retirement Funds. I know more than enough African-Americans who lost $200,000 - $300,000 a year to date on their retirement portfolio and will have to work an additional 5-7 years past retirement to recoup that kind of loss. The best move someone can make is to move all of their funds into a cash hold and let it sit instead of sitting there and watching it go down and down.

Crypto Crash. A lot of Black folks got over their head in crypto not understanding the landscape and just smirking like they know what they doing. A lot of our people made gambles using money they don’t have to spend to put it in crypto as a gambling bet like they be at the lottery station at the corner store. So expect to see a lot of quiet folks who lost a lot of money in crypto very quiet after bragging for several months. Crypto has been proven right now it is not a hedge against inflation, so there is no good reason to justify holding them.

Moving into Mobile RVs. I’m seeing a troubling trend of people moving out of their apartment because they cannot afford the rent increase and choosing to live in an RV camper thinking this is a cheaper and nomadic option. I will cover this trend in a future article where I do not think this is a good option.

Entrepreneurship Faltering. A lot of startup businesses got initial funding just last year to start their business and it is likely they going to need new funding to expand or maintain operations. Money is going to be more expensive to borrow and now the loan option doesn’t seem viable to start a business or keep a business going. So expect all these fly-by-night businesses that cropped up in Atlanta and Dallas to not last long. Also, a lot of these so-called VC-funded businesses are not going to see future funding if they don’t have a real business model and were just around as a token Black in tech figure, they will get kicked to the curb as well.

It is getting bad out there and it is really going to get bad for African-Americans. We go through this same cycle over and over. First, Black folks be getting a little money and be losing their minds and acting like they doing better than the next Black person. Then the market falls from underneath the Black community and everybody gets taken down a notch. Then the real ones know how to swim faster and move leaner while the fronting ones don’t know what to do after getting kicked to the curb. Then we see our people suffering while others take from us via gentrification or opening up the predatory businesses to prey on our demise. Then a little money comes back in and Black people lose their goddamn minds again – it is a pathic cycle among our people.

The only real option is to go big, go global toss the Black identity stuff and focus on a solution that brings in the money consistently and can grow easily. We need cash cows, not Black-identity operations which was always a very stupid move to make. The biggest problem that kills us in all previous economic downturns is folks start flocking to either Black nationalist talk or get-rich schemes out of desperation instead of go where the real money is moving.

I’m mostly at home recovering from this foot injury. I’m not going to talk about the incident where I felt I was going to cross to the other side because I’m alive here today and that is what matters. But I already made preparations almost two years ago to hedge against inflation and I’m holding up pretty well. I already gave hint but I’m headed to Europe and the Middle East to work out hubs for The Manufactured Solution to launch and expand and we are still moving to a SPAC goal by identifying our KPIs that matter and making sure they hit the numbers we need them to hit.

It's a lot going on and I mentioned several times how to prepare from collecting Louis Vuitton to living near work zones and eating better and cheaper. We got to gear up and handle both the inflation and at the same time pursue opportunities out there for the taking.