The Atlantis Report
Premiered Apr 22, 2021
Cash is trash; Bonds are worthless; Stock market going to crash. We are seeing mad inflation in prices.
When your neighbor loses his job, it’s a recession…When you lose your job, it’s a depression.Biden is now introducing a 43% capital gains tax.It’s going to cut down on investment and cause unemployment.
It is not worth risking your money if you have to share half of any gains with the government, if you manage to have any gains.
Tens of millions of American families are about to go through economic armageddon and most of them don’t even realize it. Most Americans don’t spend a whole lot of time thinking about things like “monetary policy” or “economic cycles”. The vast majority of people just want to be able to get up in the morning, go to work and provide for their families. Most Americans realize that things seem harder these days, but most of them also have faith that things will eventually get better. Unfortunately, things aren’t going to get any better. The number of good jobs continues to decline, the number of Americans losing their homes continues to go up, people are having a much more difficult time paying their bills and our federal government is drowning in debt. Sadly, this is only just the beginning.
Since the financial collapse of 2008, the Federal Reserve and the U.S. government have taken unprecedented steps to stimulate the economy. But even with all of those efforts, we are still living in an economic wasteland.
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