The economy is turning. For a couple years now its been struggling along with a limp, but its now fallen to its knees. Will the economy get back to its feet? Or will it collapse in its own drool? This is our first economic update video in a while, but you can see the last one here.
In this video, we provide you with an update on the economy. We discuss issues such as the unprecedented drop in Housing/Real Estate, the fact that inflation is creeping back into the system, How stock prices compare to historical averages and why that can even be a misleading stat. We explain the terrible difficulties with unemployment and payrolls. Let’s outline the rest of that below the video…
The Federal Government will no longer be subsidizing jumbo mortgages beginning in October, how will that affect the markets? Sentiment is very negative, what does that mean? Mass Violence is becoming more common around the country. State and Local Governments are expecting huge layoffs, the corporate bond market has dried up, what does this mean? Finally, the stock market was down for 6 weeks in a row and then showed signs of life last week, what can we expect going forward? We examine all these topics in today’s video.
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 for our economy. 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.
This is the first in a new series of videos. 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!