U.S. economy showing signs of imminent financial collapse
The American government and economy is in rather dire circumstances due to an overwhelming series of decisions which are shaping our entire country for the next few decades and likely beyond.
As we take a look at the overall track record of our economy, we find that a financial collapse is more than just likely – it may be highly imminent.
But why? Why is our government, as massive and established as it is, finding itself in a downward trajectory with little to stop it? Since 1776, we have continuously built up efforts towards being a global powerhouse, and circa-1944 around the close of World War II, we arguably achieved it. Reinstating Israel. Destroying the Nazis. Rebuilding Japan. The United States became the heartfelt center of our entire world.
However, politics continued and finances became less stable, causing inflation to rise to astounding rates. Our financial collapse could be quite imminent and three core trends lead us to this theory.
Billionaires Dumping Their Stocks
A financial collapse would undoubtedly consist of billionaires unloading their stocks in droves. Unfortunately, this is already occurring. On the surface, the stock market (NYSEARCA:DIA) is surfacing from an ugly few years. Numbers are steadily rising, and the stability in the stock market is starting to be set once again.
But this trickle-down effect applies in the market. Arguably, the greatest stock investor is Warren Buffet. For better or worse, millions follow his steps because he is so unbelievably successful, and billionaire stock investors follow his investment moves. So when Warren Buffet sells $19 million worth of stock in Johnson & Johnson (NYSE:JNJ) and 21% of his overall stock in consumer spending, others follow suit with the same general strategies. Billionaire, John Paulson, also unloaded 14 million shares in JPMorgan Chase (NYSE:JPM), as reported at Money News.
The overall predictions state that the stock market may witness a 90% overall collapse. Though many are aghast at the numbers, those who predicted this have been notoriously accurate in the past. Robert Weidemer, PHD is open about this prediction. His acclaimed team predicted the sub prime mortgage crisis and consumer spending collapse a few years earlier.
The World is Suffering Financially