Very infrequently do I bring up my employment, but I would like to give you guys some insider information that could be very important to some of you.
While I cannot confirm and swear up and down that there will be a recession, as they are extremely difficult to actually predict (especially with accuracy), it seems many companies are certainly bracing for possible economic turmoil. I have also seen lower buyers confidence in stocks that started just this last week.
If goods and services were to spike in price, if you are a low level wage employee, I would begin to use long-term/lasting food items as domestic goods may take a hit in the process of all this.
Side note: Trump made the economy very prosperous in his first couple years of presidency, however, rumor around WS is that there's an insider scheme that Trump and some others may be using some of these recent political decisions to boost private companies and cause them to skyrocket in value, enabling Trump and other insiders to make millions, if not billions off of [these companies] meanwhile the companies remaining private disallows other investors to accumulate any ownership or make any money off of it. This is similar to the conspiracy of large banks such as JPMorgan and Goldman Sachs knowing and enabling an economic recession in favor of personal benefit, in which many of its CEOs and Hedge Fund managers made billions of dollars off of.
Take whatever you'd like from this, but it's not looking good fellas. Just trying to help out my only friends. I tried to make this as understandable to the average reader as possible so if you have any further questions, let me know.
TL;DR People are likely planning on fucking you over, so buy long term food and manage your savings accordingly
- Many, many companies are gearing to rise prices on goods and services starting based on Quarters 1 and 2, some of these companies and the amount they may be saving risks exuberantly high inflation in the following years
- Especially based on the recent ideas/actions of Trump, one of the largest global exporters (China) will force us to pay an increased import tax (10% -> 15%) which will once again be another factor of high inflation. As a follow up, high interest rates caused by this disallow more money from being invested into companies
- Increased demand in longer term treasury bonds (at least within our company).
- Based on the fact that minimum wages are still steadily increasing, a potential spike in goods and services could cause many low level workers to have a much poorer QoL
- Renewable energy is a great tool of the future, but if it were to boom in popularity it may reflect the 2001 Y2K incident. This theory is a bit more unlikely, however.
While I cannot confirm and swear up and down that there will be a recession, as they are extremely difficult to actually predict (especially with accuracy), it seems many companies are certainly bracing for possible economic turmoil. I have also seen lower buyers confidence in stocks that started just this last week.
If goods and services were to spike in price, if you are a low level wage employee, I would begin to use long-term/lasting food items as domestic goods may take a hit in the process of all this.
Side note: Trump made the economy very prosperous in his first couple years of presidency, however, rumor around WS is that there's an insider scheme that Trump and some others may be using some of these recent political decisions to boost private companies and cause them to skyrocket in value, enabling Trump and other insiders to make millions, if not billions off of [these companies] meanwhile the companies remaining private disallows other investors to accumulate any ownership or make any money off of it. This is similar to the conspiracy of large banks such as JPMorgan and Goldman Sachs knowing and enabling an economic recession in favor of personal benefit, in which many of its CEOs and Hedge Fund managers made billions of dollars off of.
Take whatever you'd like from this, but it's not looking good fellas. Just trying to help out my only friends. I tried to make this as understandable to the average reader as possible so if you have any further questions, let me know.
TL;DR People are likely planning on fucking you over, so buy long term food and manage your savings accordingly
