Disclaimer: I am not a financial advisor, this is a personal opinion.
What is a stock market crash? According to the Investopedia website, “A stock market crash is a rapid and often unanticipated drop in stock prices. A stock market crash can be a side effect of a major catastrophic event, economic crisis, or the collapse of a long-term speculative bubble.”
By the looks of things, the democrats continuously pass spending bills – one of them being the stimulus bill as well as raising taxes. The U.S. Treasury has been printing fiat money (US dollars) non-stop. The more money they print, the less valuable the U.S. dollar is which will become even more worthless.
Because of former vice president Joe Biden, there has been inflation, higher taxes, and federal deficits. Not to mention, Elon musk’s involvement in “market manipulation” which made the value of bitcoin drop significantly… who knows exactly what’s going to happen in the stock market and in the crypto sphere.
In my opinion, I would recommend preparing for the worst-case scenario meaning stocking up on some food, water, cash, and probably a generator just in case.
Did you forget what happened with the gas shortage in America? What’s next, water shortage?
Watch this video on why the U.S. stock market is crashing in 2021
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