Anyone who thinks the economy has recovered is delusional. This has been the story for a long time, but the question really is how much longer can it last until people get broadsided by reality?! The biggest problem is that it is not a country-specific problem, but a global issue. We're all in the same boat at this point...I just think because the USA has such a small manufacturing base, it will take longer for the country to pull out of the upcoming nosedive. Cryptos are a possible insulator from the effects of the coming crash, but it's going to get a whole lot worse before it gets better.
This post has been ranked within the top 25 most undervalued posts in the second half of Jul 09. We estimate that this post is undervalued by $36.64 as compared to a scenario in which every voter had an equal say.
The only thing keeping the system in check, is government assistance, which is as high as its ever been. The collapse is underway, just most people are so dumbed down and distracted to see it.
Anyone who thinks the economy has recovered is delusional. This has been the story for a long time, but the question really is how much longer can it last until people get broadsided by reality?! The biggest problem is that it is not a country-specific problem, but a global issue. We're all in the same boat at this point...I just think because the USA has such a small manufacturing base, it will take longer for the country to pull out of the upcoming nosedive. Cryptos are a possible insulator from the effects of the coming crash, but it's going to get a whole lot worse before it gets better.
Always love Dave's Work and what he shares about the upcoming crisis
We Do Not Afraid Economic Crisis Because Our Country Facing This Crisis Before I Born 😃
This is really nothing new, great story but it's becoming the sound you hear right before the bar closes... "Last call"!!!!
Thanks Dave good report, I hope the economy hold on a little longer , so more people can get prepared.
it coming to canada and i will say fast
Yes, worse than 2008.
This post has been ranked within the top 25 most undervalued posts in the second half of Jul 09. We estimate that this post is undervalued by $36.64 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 09 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Universal Basic Income.
Universal Basic Income?
The only thing keeping the system in check, is government assistance, which is as high as its ever been. The collapse is underway, just most people are so dumbed down and distracted to see it.
I think time to think about moving to Canada