They are expecting pure chaos in the stock market, in the upcoming week, and the following week. The stock traders don't want to be caught will stocks and so they will sell and sell and sell.
The market is finally starting to whisper that we are in a recession. This is a very, very complex issue that no one wants to discuss it...BUT the 2008 financial crisis which was about debt, pulled the bandage off the wound so everyone could see it.
I want to you to think about this: The banks gave Elon Musk $44 billion dollars to buy Twitter because he didn't have the cash but he has Tesla stock. A whole company. It was a charade. The money isn't real. Our money isn't real. It's about to blow up in our face because of these greedy people kept pushing the envelop "Oh, I'm about to be a trillionare."
Individuals and countries have been lying about their wealth because what they're really bragging about is their debt.
Let this sink in - China owns $768.6 billion dollars in US Treasury Securities and Japan owns $1.06 trillion...a trillion! You can google it, if you don't believe me. China and/or Japan can pull the rug from up under the US at any time.
This is a mess that's not going to go away. I keep saying stock up on your essentials while you can. Our lives will be changed forever and that doesn't mean that it's necessarily a bad thing, it just means our lives will be different. If you've been following what's going on in the UK, they've pretty much ran out of money and it's same story with France, Greece, Spain...these countries have ran out of money...and they can't borrow any money from other countries because they're broke, too.
Don't get too upset because we are all in the same boat, regardless, if you own stocks or not.
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