We're still recovering from the economic recessions of 2008, but many of us are still reeling from the downturn's effects. Unfortunately, there are signs of another upcoming recession and it may be arriving soon.
There have been numerous signs in the last few years and we're about to share some of them with you. We also have a list of 7 big key indicators of a possible economic downturn. Although these indicators happened nearly 2 years ago, they are a major sign of something big to happen.
One of the interesting facts you will learn is Greece's influence over U.S. investors is significant. Some hedge fund investors spent over $11 billion in Greek investments and were concerned about the anticipated fallout.
Puerto Rico's economy was facing a downward spiral (it still is) as the country's debts are more than they can pay. This particular issue is still impacting the local economy and continues to prevent a real recovery.
What does all this economic news mean for survivalists? It means we must continue to prepare for whatever financial or economic situations that may arise in the near future.
Go on to the next page for 7 facts that just may cause another big recession this year.
Next Page »
The only economic downturns that happen are the ones that they want and make happen
Combined as a whole, the world is nearly $50 TRILLION USD in debt.
Think about that..
Think of that enormous amount of money as a bill that shows up in the mail.
Where do you send that payment to?
Who is that debt owed to?
Nobody.. it is all fictitious money that has conspired to devalue the world economy as a whole by falsely enriching those nations who have racked up the highest “debts”.
If the American people walked in to their bank and cashed out their accounts, cleaned out their retirement plans, sold off everything, and liquidated all of their assets?
For every $100 of their money, the financial system can only give them a tiny fraction.
Maybe 3-4%. If even that.
The entire economy is floating around with absolutely no hard currency to support itself.
THAT is the debt.
Just because we are able to walk up to an ATM and withdraw $100 doesn’t mean the economy is stable.
It is all an illusion, folks.