SHTFplan.com
Although many declared the deceleration in the economy in December to be a “soft patch” that we’ve somehow recovered from, others aren’t so sure. The rest of the global economy is slowing down and sinking at a fairly rapid rate, and the U.S. economy will likely go with it.
According to a report by Forbes, there is no “economic immunity” for the United States once the global economy is in tatters. The report points to many problems in the global marketplace that could signal a major downturn for the economy pushing the U.S. ever closer to an unavoidable recession. When the U.S. consumer goes on strike (quits buying things for any reason), the odds of a recession skyrocket. So, it would behoove market watchers to stop ignoring the growing potential for a significant economic slowdown.
Read more
Although many declared the deceleration in the economy in December to be a “soft patch” that we’ve somehow recovered from, others aren’t so sure. The rest of the global economy is slowing down and sinking at a fairly rapid rate, and the U.S. economy will likely go with it.
According to a report by Forbes, there is no “economic immunity” for the United States once the global economy is in tatters. The report points to many problems in the global marketplace that could signal a major downturn for the economy pushing the U.S. ever closer to an unavoidable recession. When the U.S. consumer goes on strike (quits buying things for any reason), the odds of a recession skyrocket. So, it would behoove market watchers to stop ignoring the growing potential for a significant economic slowdown.
Read more
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