America Has A Big Money Problem

1 year ago
335

The United States accumulates a lot of debt due to massive deficit spending, which can't continue indefinitely. Running massive deficits can harm the economy, leading to higher taxes, interest rates, inflation, and reduced productivity. This situation is unsustainable in the long run.

Watch more of this short video from Michael Pento: A 'Hard Landing' Recession Is Coming & It Won't Take Long To Arrive.

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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?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

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