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Economic Outlook, WORRY or everything will be OK
Jan 29, 2023 13:56:27   #
jack sequim wa Loc: Blanchard, Idaho
 
What everyone needs to understand, America has been in recession since 07-08 crash (14 years). Globally/America's economy is past the u-turn, racing towards the greatest depression in world history.
Every GDP,CPI, UI....are lies released by our government. If the Biden Administration are puppets, who is the puppet masters? WEF, WHO, NATO, UN?
We are actually seeing 23%++ unemployment and over a hundred large corporations are cutting their labor forces by the thousands- tens of thousands or like Bed Bath and Beyond, closing 67 stores. Hundreds of thousands small businesses say they expect closing their doors.
Mark the (real) economic experts words " 1st,2nd and following quarter's of GDP will see substantial contractions, new construction, permits falling deeper...
Best consider speaking to an expert to move those 401k, IRA's,Stock's to "PHYSICAL " gold and silver " NOT certificates.
I've been warning



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Jan 29, 2023 17:29:31   #
Parky60 Loc: People's Republic of Illinois
 
jack sequim wa wrote:
... I've been warning

I've been too.

But everyone doesn't care or they're too blind to see.

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Jan 30, 2023 06:00:09   #
jack sequim wa Loc: Blanchard, Idaho
 
Parky60 wrote:
I've been too.

But everyone doesn't care or they're too blind to see.


I have read your post (warnings) and typically, those who do, have few replies. I might suggest fear for many is a motivating factor. "If, I ignore this, don't think about this" then justify " America is to strong to collapse and our government/Fed-Reserve won't let that happen".
News feeds that consolidate from multiple sources, consistently list stories of "leading economists says no recession or mild at best" and a few articles down "Leading economist warns of severe market/dollar losses/collapse ".
I think the idea of a SHTF is to much for people to accept, mentally, emotional coping skills, no survival skills and their coping skills are to not use critical thinking skills and see those warning of "Doom and Gloom" are alarmist and/or fear mongers for click bait.

I'd bet in day's of old, the watchmen on the walls (metaphorically) were mostly not welcome to many.

Maranatha

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