Americans all over the country are suffering and as this economic contagion spreads it will leave more victims in its wake.
The following micro documentary, brought to us by our friends at Future Money Trends, highlights the fundamental reasons for why there’s no way out of this mess and explores how the system will continue to degrade over coming months and years.
We will get through this.
But like any major economic shock, the future is being altered dramatically due to the circumstances and actions by our central planners today.
Fresh in the memories of Americans is a boom that lasted for nearly 30 years from 1980 to 2008 with minimal interruptions.
Prosperity rained on America. The credit bubble that started in the 1980′s helped fuel our economic expansion, coupled with bad monetary policy that gave rise to a tech and housing bubble…
Renter Nation: How America’s Depression is Becoming a Rental Boom
Learn more about these trends at Future Money Trends.
Though we are seemingly in an impossible situation, there is hope for those who have taken steps to prepare, especially as it pertains to the ownership of hard assets, and especially those assets with productive capacity like arable land, micro-farms, or even rental properties.
During the 1930′s not everyone was without work and standing in emergency food lines, and the same will hold true this time around.
Even in the midst of this Greatest Depression, there are opportunities to thrive.
As noted in the video, where one group of asset classes collapses, in this case the consumer real estate market, another will go into a period of boom.
If you can position yourself to take advantage of these trends, all the better.
Mac Slavo is the Editor of SHTFplan.com