“Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown... “
While I think stuff wont be great in the economy for a while, I really have grown tired of these people constantly predicting stuff like this, as they have for years, usually followed with a pitch for some book or “survival” product they are hawking.
Economies rise, and they fall. Happens all the time. Dont need some dolt economist to tell you that.
I do as well. I decided to put my ultimate trust in God, and do my utmost to be the best father, husband, and friend I could be. The rest, I leave up to him.
"For he will hide me in his shelter in the day of trouble; he will conceal me under the cover of his tent; he will lift me high upon a rock." Psalm 27:5
There are those who spend a great percentage of their time preparing to survive every type of calamity: natural disasters, fiscal collapse, etc. Don't get me wrong, we should be prepared and be responsible. But without God, we will fail in that (or any) endeavor.
Myself, I see the storm clouds gathering as evidence that we may be approaching the last days. My blessed hope is in Jesus Christ.
I do, however, believe that a fiscal collapse is coming. The stock market is a fictitious, QE pumped, overinflated nightmare. Our debt and unfunded liabilities are a ticking bomb. We have been living on borrowed time for decades. The piper has to be paid at some point.