We better hope that the U.S. economy holds together in 2020 because if there is any sort of major economic crisis much of the country is going to be broke almost immediately. Today, close to half of all Americans are living on the edge financially. For many, it is out of necessity, but for others, it is a conscious choice.
Every two or three weeks, I see another article published on how Warren Buffett’s holding company, Berkshire Hathaway, is underperforming the S&P 500 and how his cash pile of over $128B is a giant waste – since it could be making his shareholders a fortune, had it been invested in this late-stage bubble surge.
It is almost as if someone flipped some sort of a switch as 2020 began because we have been seeing really weird things happen all over the globe so far this year. Later in this article, I want to talk about the large earthquakes and strange weather events that we have seen over the past few days, but first I want to discuss the massive armies of locusts that are voraciously eating crops in Asia and in Africa.
A lot of people seem to have forgotten that we were literally on the brink of war with Iran earlier this year. Back in June, President Trump canceled a major U.S. bombing mission against Iran at the last minute, and things seemed to settle down quite a bit since that time. But now tensions are rising once again.
With so many Americans not being world travelers, complacency has become the nation’s most pernicious epidemic. Few truly understand the scourge of socialism and even fewer have actually seen it firsthand. With an election year at hand, the voting public cannot make a truly informed decision unless they understand how the socialist virus can enter into any culture at any given time.
A market gripped in the throes of the “everything bubble” and hooked on debt like a heroin addict: it’s not a pretty picture and you won’t find any of the corporate-owned media gurus talking about it. For the real story, you’ve got to avoid the purveyors of fake news and look to a market grandmaster like Harry Dent, which Wealth Research Group.com INTERVIEWED just a couple of days ago.