It’s going to be a rocky ride for many people for the forseeable future..
Regardless of the happy talk from mainstream media and the govt and stock market up days based on a single announcement, America has become an empire in decline. Sad but true.
An entire generation and a half know nothing about hard times or third world living conditions.
It will simply be survival of the fittest. Those with no income or savings will become dependant upon welfare. Many with great paying jobs may lose them and find no alternative at more than 50% of their previous income, if they can find a “job” at all….
Those who plan correctly will not have a problem, the masses may riot and revolt wanting the govt to save them.
Prepare for the worst and hope that it doesn’t happen.
Deflation is a downward spiral that feeds off itself as a result of fear. Inflation is easier to deal with.
Landlords will lower rents to keep a place rented, competition becomes brutal for a limited amount of avaialble money. Lower prices encourages people to spend, as long as they have money.
Millions of people are literally broke. Insolvent. Financial neutral. Taking a break.. Call it whatever you want, it isn’t pretty, and it’s getting uglier day by day…. HLS
