This economic outlook video looks into factors affecting the world & US economy as well as the real estate market. You can find all the economic update videos here. In this economic update, we update you on multiple issues involving real estate such as President Obama’s plan for mortgages, the US records being set in dropping home prices, and foreclosures. We also look at banks, the stock market, and the incredible growing food crises….
Food prices increased incredibly last year and in only the first month of this year, they have continued to skyrocket. This is causing rioting all over the world and price controls and hoarding have begun. This has been felt in the US, but we also explain factors that have limited the impact to you so far and look at why this will not last.
It is eerie to see who similar President Obama’s recent state of the union speech was to President Hoover’s speeches in the early 1930’s. The contained the message, “Yes, we went through some hard times, but now are problems are behind us and everything is looking good for the future of our economy.” This wasn’t a quote of either, but was the message of both!
We hope you enjoy this video. If you have not seen The Coming Storm video, you should do so immediately to have a fuller understanding of what lies ahead. You can do so for free by going here. Please let us know what you think of this presentation or if you have any questions, leave them in the comment section below.
Some previous economic update videos we did can be found at 1) Hyperinflation in the US?, 2) Hyperinflation signs worldwide, 3) Stock Market & Economy Update, 4) Gold & Silver, and at 5) Government Horrors. If you are receiving this post as an email or in a reader, you might have to click the post title to take you to the internet to watch the video. thanks for watching!