Nobody noticed yet… but they will.

We just reached the end of an economic age. 

Something that usually takes decades, even centuries, to play out just happened in what seems like a blink of an eye. 

Unless you understand the magnitude of what just happened, you could risk losing everything you’ve worked so hard to achieve because this collapse is only just getting started. 

You see, for our entire life, the story arc has been clean: it was the relentless rise, in both wealth and status, of a broad social class of professionals but that rainbow is now at an end. 

Because for the first time ever, capital can now compound without additional labor.

The centuries-old relationship where job creation and GDP rose together has snapped and the economy can now scale without bringing workers along for the ride.

And this “snap” is about to change everything.

This is one of those moments in which I believe vast fortunes will be made and lost. I’m talking about a generational transfer of wealth… the type that can either enrich you or potentially impoverish you, based on the decisions you make. 

Because history shows us that while these shifts always lead to catastrophic losses for those who refuse to prepare… they also unleash unprecedented wealth building potential for those who understand, and harness, the forces at work. 

And this isn’t a prediction. It’s happening right now. 

It’s why, although we’re seeing massive headline economic growth, the average American is being left behind. 

AI Engels’ Pause 

They don’t teach you this in school, but they should.

During the Industrial Revolution, Friedrich Engels noticed that although the revolution was making Britain incredibly rich when measured via GDP… the vast majority of British people were living in hell.

Between 1790 and 1840 Britain’s GDP exploded. The steam engine created massive efficiency gains, corporate profits doubled, and the stock market soared. 

But for the average worker, real wages remained flat or fell… the average life expectancy in some industrial cities collapsed to just 35 years…

It was as though someone had pressed a giant “Pause” button on quality of life for the working class.

Of course, the wealth did eventually trickle down but it was half a century later and during that half century, the societal devastation was dire. It took two full generations for the labor market to adjust.

And the weavers who lost their jobs to power looms, they didn't become "machine repairmen." 

They starved. They rioted. They were shot by the military or shipped to penal colonies. And it was Engels’ Pause that gave birth to Marxism. 

And we’re seeing this again with AI. 

The only difference is, this time it won’t take decades to play out. It took the radio 38 years to reach 50 million users. Television took 13. The internet took 4. But ChatGPT hit 100 million users in two months.

We are effectively speed-running the 19th century. We’re compressing 50 years of displacement into less than a decade… and this time the disruption isn’t coming for the illiterate farmhand… 

It’s coming for the accountant. It’s coming for the lawyer. It’s coming for you and me. 

Right now, knowledge work makes up roughly 50% of America’s GDP and much of that is at risk of automation in the next handful of years. 

We’re talking about 5 million white-collar jobs — the bedrock of the American tax base – facing extinction over the next few years. Just take a look at the most recent cuts: 

• U.S. Government: 307,000 employees

• UPS: 78,000 employees 

• Amazon: 30,000 employees 

• Intel: 25,000 employees 

• Nissan: 20,000 employees 

• Nestle: 16,000 employees 

• Microsoft: 15,000 employees 

• Bosch: 13,000 employees 

• Dell: 12,000 employees

• Verizon: 13,000 employees

• Accenture: 11,000 employees

• Ford: 11,000 employees 

• Novo Nordisk: 9,000 employees 

• Microsoft: 7,000 employees 

• PwC: 5,600 employees 

• Salesforce: 4,000 employees 

• IBM: 2,700 employees

• American Airlines: 2,700 employees

• Paramount: 2,000 employees 

• Target: 1,800 employees 

• General Motors: 1,500 employees

• Applied Materials: 1,444 employees

• Kroger: 1,000 employees 

• Meta: 1,000 employees

It’s why AI is not just a productivity or efficiency tool, like everyone thinks, it’s a Labor Replacement Engine. And it’s why there’s such a gaping disconnect between the “real” economy and the stock market.

It’s why all the President’s claims of a “booming” economy don’t feel real for the tens of millions of people who don’t own assets. 

It’s why, even though markets are hitting all-time highs, households are falling further and further behind. And this wealth divide is only going to be amplified as AI is integrated into every aspect of the economy. 

IMF Managing Director Kristalina Georgieva just warned that artificial intelligence will hit the labor market like a “tsunami.”

The changes this will bring to the economy, stock market, and financial system are unprecedented. Which is why it’s critical that you watch my interview with Luke Lango.

We explain how all of these forces are converging to trigger an economic “reset” the likes of which we haven’t seen in 250 years – one that could trigger the greatest transfer of wealth in American history.

Both for the good and the bad. 

Young or old. Rich or poor. Left wing or right… there is no escaping what’s coming. And yet, despite this inevitability, I promise you, you’ve never heard a whisper about this story before now.

Almost nobody… not the legacy financial media, political commentators, even the top analysts on Wall Street have connected these dots. But now, we’re sharing the full story with you. 

The stocks to buy… the stocks to sell… and the three money moves our research indicates you should make to ensure you and your loved ones end up on the winning side of this new economic reality. 

Because as you’ll discover today… 

If you understand the new rules of this system… 

You won't just survive the chaos, you’ll own the assets that could potentially make you a fortune as the American economy is reshaped from the ground up. 

Watch it here now. 

Good investing, 

Porter Stansberry

🤖 The First AI Mass Layoff Just Dropped (Wall Street Threw a Party)

Jack Dorsey's Block just fired 4,000 employees—40% of the company—not because they're failing, but because AI can now do their jobs cheaper. The stock rocketed 23% after-hours.

Yes, we’re officially in the future, where mass unemployment is a bullish catalyst.

The Context: Block (Square and Cash App) just reported $6.25 billion in Q4 revenue and growing profits. Sounds solid until you realize their stock is over 70% in the last 5 years.

So, Dorsey’s game plan?

Cut 40% of headcount because "advanced intelligence tools allow a much smaller team to do the same amount of work, only better." And the market absolutely rewarded him for it.

Why Balaji Matters: The above tweet is important. Balaji is one of the brightest minds out there. He’s the former CTO of Coinbase and a legendary "tech oracle" who's been right about massive shifts before anyone else notices. When he says "this is the first AI cut and it will send shockwaves," Wall Street listens.

The Contagion Effect: In his shareholder letter, Dorsey explicitly warned that "most companies are late" and will be forced to make identical cuts within the next year. If other tech giants slash 40% of their white-collar workforce, we're staring down a professional unemployment crisis that makes 2008 look like amateur hour.

The Munch Take: Wall Street's celebrating because eliminating 4,000 salaries while maintaining revenue is a profit explosion. But if this becomes the template—and Dorsey says it will—the white-collar job market is about to experience what manufacturing did in the 1980s. The efficiency boom is here. Your job might not be.

🚀 Elon's Moon Factory Sales Pitch: When Your Car Sales Tank, Promise Space Colonies

Elon Musk just told investors to "hold on to your Tesla stock, it's going to be worth a lot" by promising lunar factories, self-replicating robots colonizing planets, and magnetic space catapults. Meanwhile, back on Earth, Tesla's European sales just cratered 17% because Chinese EVs are eating their lunch for half the price.

The Hype: Musk didn't just ask people to hold—he painted a sci-fi fever dream to justify Tesla's $1.3 trillion valuation:

• Lunar Gigafactories: Active manufacturing on the moon within 20 years

• Optimus "Probe": Self-replicating humanoid robots mining asteroids and building colonies

• Mass Drivers: Giant magnetic catapults launching satellites from the moon

The Reality: Tesla's actual car business is struggling. European market share dropped to 0.8% as customers flock to cheaper Chinese EVs like BYD. The stock's trading at $404/share, and investors are getting impatient waiting for the Robotaxi fleet to materialize.

Who's Buying It? Cathie Wood (ARK Invest) just backed Musk with a $2,600 price target by 2029, betting autonomous mobility becomes a $10 trillion market.

The Munch Take: Musk knows his car sales are getting destroyed by China, so he's pivoting the narrative hard. He wants you to stop valuing Tesla as a car company and start seeing it as an AI-robotics-space empire. It's either visionary or the most expensive distraction in corporate history. Place your bets accordingly.

🍪 Munchy Memes

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