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Biden To Send US Economy To HELL With This PLAN....
This Recession is Inevitable now, here's what they are NOT Telling You.. Add me on tiktok @thisisjohnwilliams
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The Global Economy has never been in a more delicate situation. This global problem is only growing and growing more worse by the day. We are seeing inflation and consumer debt at record highs, these debts will make it much more expensive for borrowers to buy items and service existing consumer debt such as credit cards, auto loans and even home equity lines of credit and adjustable mortgages. This coupled with the supply chain nightmare we are stepping into. This coupled with the drama that is occurring with the US dollar. We could very well see the US dollar collapse and if that does happen the US dollar would be worthless and we would see inflation at levels that we could never before imagine. In that situation it would not be great to be all in cash. However in an inflationary environment it is key to have enough cash to buy what you need and to make the moves that you want to make because we may see very volatile markets in stocks, crypto and other asset classes which could force you to liquidate positions that you otherwise would prefer to hold onto.
This all coupled with Jerome Powell increasing rates today and confirming that there will be a total of seven interest rate hikes in 2022. What do you think will happen the local economy in America and the global economy?
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