If you're in a city, get the fuck out.
If you're in a blue state, get the fuck to a red state.
Washington DC is under military guard for a reason. Make no mistake about it.
The US has taken on 7 trillion (11 maybe?) in debt in the past year. That's about what Obama spent in his entire term. Do not think this is an accident.
The US housing market is being forced into low inventory to raise prices by government mandated moratoriums, these moratoriums will end June 30th 2021. When that happens the first domino falls.
You need to understand what the word forbearance is and how and where it's used. Housing, student debt, federal loans. A lot of people own a lot of money right now. Soon payments will be due.
The stock market is a clown show, unemployment is at 6.3% and stores are closing left and right. Manufacturing are moving to other countries. There's absolutely no data that says the market should continue to rise.
What happens when certain sectors of the market start crashing? More will follow. Your retirement will be liquidated.
What happens when housing prices start crashing? You could lose your home or become underwater.
Well the feds can just lower rates... right? Not this time. The only tool left is for the fed to print money. And their printer has been going non-stop.
None of this is sustainable. Look around, the warning signs are everywhere and the media isn't telling you about it.
They've been busy promoting rioting and crimes against you and your cities and infrastructure and your businesses. Next step is to financially ruin you.
I don't know what is going to happen pedes, but I see no positive indicators. Not dooming here, try and find any positive indicators. They don't exist.
Get out of your comfort zone and get somewhere where you can wether this storm.
Buy ammo. Buy bitcoin. Collect rainwater. Hunt for or grow at least some of your food. Have cash on-hand.
This thing we call modern society is an anomaly and shouldn't be taken for granted. Always have a plan.
In the blue states like Jersey where I am at, Totalitarianism has taken hold not with a demoralized populace but with a compliant one. They aren't demoralized at all, they think this shit is great. As for the cities, I agree. It is time to hightail it out of any urban center as they will become ashes and cinder in very short order when the shit hits the fan. I think housing goes down only because the supply will be stronger than the demand with all of the foreclosures coming on to the market. The next 4 years could be the greatest case of the "rich getting richer" in history. I also see a potential splintering of the nation very much along the lines of the Union/Confederacy. The biggest difference being the Southern states are the free states and the Northern states being the slave states.
South states were always the free states- even in confederacy.
True but for the lower education folks out there, it is easier to make the "Free State-Slave State" comparison to make it easy for them to grasp.
Its not nirth vs south its urban vs rural or more precisely big cities vs the rest of the state.
Except it's not. I live in one of the few Republican counties in New Jersey and we fall under Governor Goofy's bullshit. So even though we are of a "Free State" mentality, in reality we live in a Slave State.