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All About Rich Politicians
The wealthy individuals north of Richmond, likely referring to influential politicians in Washington DC, are seeking complete control. Their policies, including excessive pandemic-related economic support, have caused high inflation and financial imbalances. These policies have primarily benefited the top 10% of households who own the majority of financial assets, leaving the majority struggling. For instance, housing affordability is at an all-time low for new buyers due to these factors.
Watch more of this short video from Have We Truly Dodged A Recession This Year? | Adam Taggart.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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