The pundits are calling for a monumental upheaval of the current status quota and this time it looks like the signs are all stacking up for them to be proven correct. Its is getting harder and harder for the layman to ignore the impending decline and we all know that if the layman is now in the know then the plan is long on its way to completion. It will be interesting to see where the global economy goes in the coming decade. Maybe thus upheaval will impact us far less that they say but the current trajectory of global economic and political events signal a continued move towards some sort of change that has been in the works for a while.
Recession or depression
So at the very least this economic downturn will have an effect on the short term economic agenda similar to the fiasco in 2008 that led to the recession and bank bailouts. Some are saying that this time the pullback will not be motivated by the people's debt but probably by, the massive debt burdens of governments and the trade war taking its toll on the planets two largest economies. Lets hope that this trade conflict doesent escalate into armed conflicts or even another cold war type situation where america ends up spending billions on thwarting its adversaries every move. Americas deficit is over 20 trillion dollars and the cost to service it is over 500 million dollars, so the burden from this debt will need to be addressed and it is likely that will happen through a collapse or pull away from the Dollar fiat system .
Are your ducks in a row?
with impending financial obvious, it is prudent to plan ahead and set yourself up so that you will be able to prosper regardless of the economic climate. although you may experience a budget tightening, you can still set things so that you don't lose out. Now would be a good time to take profit on the stock holding you have and maybe even invest more into cryptocurrency which may prove to become a haven asset class. To really be protected I suggest you stock up on gold and silver which will likely skyrocket in value if the dollar plunges. Don't get caught slipping while all these opportunities exist.