The Future is Very Predictable
We’re heading for a complete financial meltdown on an international basis. That means a bonafide depression is coming in the next few years that will make the 1930s look like a little financial blip.
Most of the things you take for granted will not be there — government services, for example. Transportation systems are breaking down (companies are going bankrupt left and right) the the food supply (particularly in the US) has been hit extremely hard with the recent flooding and early winter snow storms (this almost always happens at major cycles tops).
If you know what to do in one of these downturns, you’ll be just fine, but if you’re blindsided by it and don’t take proper precautions, you’re in for a rough ride.
I’m preparing a webinar to help people understand what’s at stake and how to prepare, but that won’t be until January. In the meantime, this article explores some of the real forces that work that help predict the ups and downs of the stock market and broader economy.
I’m expecting a major stock market downturn before Christmas. [continue reading…]