Keep-it-Real

ARE WE HEADING TO ECONOMIC CRISIS?

FRED:CCSA   Continued Claims (Insured Unemployment)
I don't particularly enjoy breaking the bad news but we are at record low levels for insured unemployment which is kind of scary for cycle followers.

What we have seen for the last 50 years, a dip in unemployment usually followed by an economic downturn and we see a sudden jump on unemployment numbers.

There are many underlying factors to this, which I will not mention here - but fundamentally it is because people start to become too loose and take their current situation for granted and start to overspent which is also encouraged by the media, government & banks!

What shall we do?
Assume it will happen and start planning ahead!

and KEEP IT REAL!
Trade active: start collecting silver, gold and btc $$$

Comments

I would not be surprised bro, as a species we are often so dumb
Definition of insanity is
I'll put it in, just in case, for those who might not know what i mean
"Repeating the same activity and expecting a different out come"
Boom Crash Boom Crash
+1 Reply
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