I want to show you a 100% guaranteed event, which will happen between now and 18 months from today. It has always occurred after times of interest rate hikes. It is a recession.
In fact, the U.S. has largely avoided blowbacks and negative ramifications from its debt mountains, due to the fact that foreign entities have absorbed the influx of dollars into their systems for decades.
But, today, there’s a clear dollar glut. Countries are holding so many Treasuries and U.S.-sourced cash that it is inconceivable to imagine them increasing their positions meaningfully from here.
The Petro-Dollar system is running its course. In a number of years, countries will be discussing how to transition away from this system and into the next.
But for now, dollars are how we measure the price of everything, so as inflation begins to gain traction, the impact on everyday life is quite substantial.
In 2-3 years from now, our financial situation will look much different than today’s environment, and the market will begin to price in this inflation, starting now.
The price of gold, then, will be a leading indicator of how far along the path we are to recession, at any given moment, but the price of silver will really allow us to understand the levels of reduction in the purchasing power of our paychecks.
As you can see, rising rates are no fun for investors, especially when interest payments are already becoming an issue – their one of the top 5 expenses of the Federal government.
There’s no alternative to a crisis in this scenario. In fact, it’s a guarantee.
In the U.S., people are not prepared for recessions. Their emergency funds, for cases, such as these, are empty.
Most families cannot come up with $1,000 when faced with medical problems, and 80 million people are going to face them in the coming decade, as old age brings a whole slew of ailments with it.
Technological advancements are allowing people to live much longer lives, which is great, but retirees haven’t done a good job of getting ready for longevity. The latest statistics are pointing towards a high likelihood that at least one family member will live over 90 years, which means that for the majority of us, outliving our savings is a fact of life.
You need to plan for the long-term and can’t afford to make costly mistakes.
The No.1 priority is to find ways to increase your income. That’s the primary source of wealth and the ways to do it depend mostly on the amount of effort you’re willing to commit to in your workplace.
Wealth originates from your ingenuity, your ability to come up with ideas and pitch them, to initiate without being told to, and to lead others.
Every business is seeking people with inspiring abilities and right now, America is expanding, and opportunities are abounding.
Make sure you position yourself in such a manner as to take advantage of what’s coming. It could mean the difference between a comfortable life and a miserable one.