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America Has Hit A New Low..
Here's what is going to likely happen in America... Add me on tiktok @ThisisJohnWilliams
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We are looking at a new low for America. We are looking at nine interest rate hikes in the coming twelve months! This will impact nearly all borrowers that have credit cards, student loans, car payments, adjustable mortgages and more. This will happen at the same time that we will begin to increase oil and fuel costs across the board. So not only will businesses pay more for goods and services but they will pay more on their debts to remain in business. This could be a new low for America and the collapse of the middle class as we know it. However during this period, we are going to see India and China's economy boom as they can continue to grow with strong relationships however America will likely have a different end result.
This to me is very concerning. We saw how expensive items have become over the last twelve months. They are saying that American's need to be ready to pay more and more for items. I am not sure how that happens when over 60% of the country can not afford an emergency $500 dollar expense.
My suggestion to entrepreneurs and those who want to make a lot of money is to really pay attention to what is happening now and try to build a business around solving problems that most Americans will soon face.
What do you think happens in 2022? What do you think the best business is to start? Drop your thoughts on the economy and global trade and let's talk about it.
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