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Dark Winter Predicted as Strategists Expect Severe Gloom Coming
We could see an End to the middle class this winter as Market Strategists are expecting stock markets to drop another 50% from where we 're at, at this point.
After Jerome Powells speech at the annual Jackson Hole Economic Symposium, which was followed with 1.2 Trillion being wiped from the stock market in a 24hr period. Including 240 Billion being erased from the crypto market as the fear and greed index slides futher.
That dark winter Biden talked about sure looks like it could be heading our way as even fuel, energy and food prices are set to sore even further, making last years prices look miniscule compared to what could be coming.
This will inevitably put hundreds of millions of more people into poverty, with an estimate 1 Billion people being forced to choose between food and warmth around the world this winter.
Things are definitely going from bad to worse and sadly those of us at the bottom are expected to take the blunt force of whats to come.
However I would advice not feeding into the doom and gloom to much, instead focus on what you can do to offset any damage by continuing to grow your portfolio from multiple sources where possible and by all means if you own or have access to a small piece of land, seriously consider growing your own food however small.
Focus on those foods that you use daily and start small, this should reduce your food expenditure and allow you to ensure you can provide for your family if things get extreme, utilise even small window boxes, balconies and tressels which will help offset your food costs, so you can use that extra money saved on other essential necessities, this should make a big difference along with any extra tokens and coins you can stack during this period.
I do hope I am wrong, but going over all this analysed data, it is becoming quite clear that we heading into a very turbulant period in history, maybe even a very turbulant time for mankind as a whole.
I do wish you all well and hope you are making some preparations where possible that will help you through the worst should it happen to arrive, if not at least you will have stacked your portfolio for better days and saved money on high food prices, which should put you in a better financial position in your life.
To get a better picture of just how dire things are beginning to look, check out my source below for a complete breakdown of markets, drops and figures as sited from multiple sources