How Do You Prepare The Country For An Economic Collapse, Like This - Episode 1286a

in #economy8 years ago

UK threatens to quit Brexit as the ECB demand exit payment. S&P just cut rating of several Australian financial institutions because of a cooling housing market. Greece has imposed more austerity on the people and now they are coming for the safety deposit box. Bill introduced to cancel a billions of dollars worth of student loans, this will allow the government to use tax payer money to collect. NY bankruptcy judge sees a surge in bankruptcies. Loan creation has just taken another major hit and falls to the levels seen right before the great recession. Trump introduces a new budget that will cut many of the entitlement programs, it won't be pleasant but the people will need to get use to it.

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Its coming, I can feel the calm before the storm. The Vix is at historical lows, the broader market indices are at all time highs.

The Rug is being readied to get yanked out from underneath us all! Be Ready and Be prepared!

The entitlement programs cut will anger many people. More riots ahead. Thanks for the show Dave.

Sad, nothing is off limits!

You cant,its going to be so sad when the collapse happens

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No one likes the person who forces accountability and responsibility on people. Everyone likes the person giving out all kinds of free things.

Cheers Dave another well researched post can't believe its number 1286 been following you since number 78! Follow my stuff at @tremendospercy

I feel trends like this weeds out the weak. As a business owner and entrepreneur- I have learned lessons in failure by not evolving in the market.

Everything is bubble. Stocks, real estates and bonds are illusion. Each is over priced over valued. When these bubbles burst, they will spread throughout the world as wild fire destruction. Thank you great work, Dave.