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The United States seems to have a financial crisis or stock market crash every 10 years or so. They are difficult to eradicate because their causes are different. But the results are always the same. They include high unemployment, near-bank collapse, stock market crash and economic collapse. These are all symptoms of a recession. But a financial crisis doesn’t have to lead to a recession if it’s addressed in time.
Modern U.S. economic history predicts the next financial crisis will occur between 2019 – 2020 – 2021. That doesn’t tell you where it will come from, what the result will be, and how to defend yourself. What would have protected you in previous crises might be the worst thing to do in the next one.
You must watch for the warning signals. The first sign is an asset bubble. In 2008, it was housing prices. In 2001, it was high-tech stock market prices. In 1929, it was the stock market. It’s usually accompanied by a feeling that “everyone” is getting rich beyond their wildest dreams by investing in this asset class.
These six crises help you recognize the warning signs of the next one. You’ll see when government action prevents complete economic collapse and when it makes things worse.
The Great Depression of 1929
1989 Savings and Loan Crisis
2008 Financial Crisis
next 2019 Financial Crisis?
How to Protect Yourself From the Next Financial Crisis ?
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Hopefully, by now you realize the importance of being prepared for the financial crisis. Be sure to check out my videos on economic collapse & stock market crash preparation, and don’t forget to like and share this video.
Fears of A FINANCIAL CRISIS & RECESSION Continue to Grow As Federal Reserve Indicators
JAMES RICKARDS : Economic Collapse Will Start As Late As December 31,2019 Stock Market Will Crash
PAUL CRAIG ROBERTS : US ECONOMY ABOUT THE COLLAPSE:
13 Scary Things that Happen When an Economy Collapses:
10 Things You Must Do Before The Dollar Collapses : https://www.youtube.com/watch?v=mEWmQW4Sp8E
The Systemic Lehman Crisis Has Begun – Witness The Many Warning Signals Imminent Crisis by Jim Willie: https://youtu.be/M4NEM9RHqow
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** (DISCLAIMER: The financial and political opinions expressed in this video are not necessarily of “Financial Argument” or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.) **
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Report Date: July 2019
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Are You Prepared For The Coming Economic Collapse And The Next Great Depression or Financial Crisis ?
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