I feel very very compelled to write this to my clients.
There is a whirlwind of chaos around us.
Coronavirus.
Death.
40+ million out of work, US alone.
Social unrest (aka. people looting and thieving under the cover of the social unrest)
But all of that chaos is only a precursor of what is to come.
Barring a miracle intervention from God, of course.
The chaos is only the beginning.
The chaos is masking what is to come.
In fact, the media is doing such a good job of getting people riled up and focused on death and looting and politics that the people aren’t seeing what is going to happen.
Now, I’m no prophet.
But with a tiny bit of thinking and logic, it’s obvious what’s going to happen.
Because it’s what’s happened every. single. time. these same conditions exist:
- The housing market is going to crash. Here’s why: because when all the people who can’t pay their mortgages have to default (in about a year) all those houses will flood the market.
- The rental market is seriously going to shrink. 3 reasons:a) 2nd home rentals are way down. Many people buy 2nd homes and pay the mortgage on them with their rental payments, thinking that’s a good retirement nest egg. But when the rentals stop happening,they can’t pay the mortgage on their 2nd home, so they have to fold and sell.
b) there are going to be less college kids away from home this year. That means the rentals the college kids usually rent will be empty. This means some of those people will HAVE to sell (remember the crash of 2008 when people had bought rental homes with the “cash flow” and then they had to fold and go bankrupt? History is going to repeat itself.
c) Families are nesting. Many adult children who were “making it” on their own have been let go from their restaurant waiter jobs and can’t pay their rent, so they are coming home.
- So in all, there are 2 driving factors to the great housing market crisis:a) people have to sell or default on their houses in record numbers
b) people who own rentals that no longer have rentals, have to sell in order to preserve the rest of their life savings.When those 2 conditions converge within the next 12-18 months, there is going to be a glut (total excess) of homes on the market.
It will be a BUYERS market. Prices will drop precipitously.
- The US economy is being FLOODED with money. M1 supply is up easily 20%. That leads to inflation.Inflation means things cost more and your money is worth less.
Like, if inflation matches M1 money supply (and it tends to mirror it) then in time, if you have $100,000 in the bank . . it’s going to be worth only $80,000.
If the big G loans ANOTHER $3trillion . . . M1 goes up ANOTHER 20% . . .
So your $100k will now be worth . . $60k.
- Without going into all the details and the ramifications, watch this happen:Food shortages.
Food lines.
Rampant homelessness.
Rampant crime.
Higher prices on everything except houses.
Plunging house prices.
The bottom half of the economic earners will be in DIRE straights.
- No, I’m not going to give you some cliche line like: “I’m not trying to scare you.”No, I AM trying to scare you.
Here’s why:
Because it’s my responsibility.
I can see this.
If YOU can see this already, and you haven’t told EVERYONE you come into contact with . . . you are withholding the truth from your friends.
If you HAVEN’T seen this already . . . . you should send me a thank you card with a big gift inside it (joke)
This isn’t maybe.
Unless God intervenes (or things get even worse) I believe it 99% percent likely that EVERYTHING I’ve just written occurs.
Now, does this mean it’s the end?
Unfortunately for people who don’t know this,
or for people who don’t heed the warning,
there are going to be some VERY HUNGRY PEOPLE.
Just like Jonah, I don’t want to be the bearer of bad news.
But I believe that God has placed this so strongly on my heart for a reason.
If I don’t share it . . . .I am partly liable for their demise.
Therefore, I believe it is my responsibility to warn the people.
You are hereby warned.
If you don’t believe it now, start paying attention.
In a few months when you see it coming to pass, remember me.
Now, I should probably stop right there.
The warning has been given.
If you don’t believe it, re-read this article.
Do the research.
Think on it.
Use your brain instead of letting the media think for you.
But . . .
What good is a warning without a solution?
I believe this is a very specific solution NOT for the economy . .
But for folks who SEE this coming and want to head it off for them PERSONALLY.
Hint: 80% of the people in the US are in the “probably going to have recession in their lives” category.
20% of the people in the US are in the “can rapidly grow during this recession category”
If you are in the 20% and you already know what to do: my advice: take action NOW to prepare.
If you are in the 80% who are likely to experience financial doom in the next 18 months . . .
I believe this is one single thing you can do to get INTO the 20% . . .