07/13/2022
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This is BEYOND ALARMING and hopefully a wake up call for people to realize what really is going on with the economy.
Inflation hit a 9.1% a 40 year all time high (average inflation is 2% - 3% to give some perspective).
The only way to tame such a big inflation is through a recession (which we officially entered on July 1st after two quarters in a row with negative GDP, even though the media has been mum about it).
What is your plan B? Companies are firing people in the thousands, unemployment reached the highest number of claims since de pandemic, soaring prices on gasoline, the stock market is tanking making people lose thousands and thousands of dollars.
What should you do?:
1.- Get the tools and skills to do a side job that can provide you with additional income
2.- If you are losing retirement money roll it over to secure instruments
- Inform others of what is happening so they can prepare as well.
The economic cycles are actually normal, however, if you are not prepared it can devastate you and your family in a massive way.
Call me if you need any help with points 1 and 2, I’ll be happy to help 🤓🤓🤓
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
