The Greatest Depression: America's "Rendezvous with Destiny" - Softcover

Inhaltsangabe

There are several reasons why the United States is about to enter an era of extreme hardship and an economic crisis unequaled by any other depression in history. The ever-repeating cycles of history and psychology which have been slowly changing form since the turn of the century are creating an unraveling we are now experiencing. Culture wars and political unrest will not go away quietly. Also, the amount of debt the United States owes to itself and to other nations has been cascading to new depths every month. It’s currently at $21.6 trillion. There is no question we have an enormous debt bubble.True, the stock market over the last nine years has been a windfall for investors. The Dow Jones and other markets have enjoyed the longest bull run in history. However, over the last two decades, we have had to endure two bear markets with losses of more than 50%. Buyer beware. Are we about to enter an era of poverty for many Americans? Is there a bubble forming in stock markets? Is President Donald Trump in the wrong place and at the wrong time as President Hoover was?Finally, as a nation, we have endured three spiraling crisis in our nearly 250 years of history: the Revolutionary War, the Civil War, and the Great Depression, which swirled into WWII in the early 1940s. The number of years separating these extremely hard times is between 75 and 80 years. Of course, the last crisis was the Great Depression and WWII, some 80 years ago. Americans need to prepare now. Discover how you can and much more.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.