Update to this post – “At This Point, How Can Anyone like Biden?” : https://andiethink2.com/2022/02/18/at-this-point-how-can-anyone-like-biden/?preview_id=800&preview_nonce=1907fe6c41&preview=true
Hi, here is an update on my previous post linked above. Also, here comes a new season. It will be Season 2 of Entrepreneur – Improving the United States: Bringing Back the American Dream 2. It is coming to my Patreon starting May 2.
Back to this post.
Since the post linked to this one, I was flat out right. We have just seen the tip of the iceberg. I didn’t want to directly mention things like war because I thought people would automatically shoot it down, but things got much worse. We have seen Russia commence war, surging gas prices, and possibly here comes hyperinflation.
I am doing all this because I cannot take another bad economic period and I believe the United States cannot take it either.
Things are getting much worse, much quicker than expected. Hyperinflation could happen. Here is what it is: Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.
Imagine the cost of food shopping going from $500 per week to $750 per week the next month, to $1,125 per week the next month, and so on. So things are getting worse, and we haven’t even seen hyperinflation or a recession yet.
Moving on, some complain and want a 4, 5, and 6% real GDP economy. Some think that should be the standard. Bad news. We haven’t even had a 2% real GDP economy from 2008 through 2020. Why so much misery and fighting during that time? IT IS BECAUSE OF A POOR REAL GDP ECONOMY. I say we should have a 2% real GDP economy. Focus on a 2.2% real GDP economy and settle for a 2% real GDP economy. From 2008 through 2020 we had just a lousy 1.39% real GDP economy. Some want a 4, 5, and 6% real GDP economy and we cannot even manage to get a 2% real GDP economy. Walk before you run.
Next, signs of a recession are here. Rising oil costs and tightening the fed rate have preceded every recession. It’s happening now. Why I’m writing now. Before it happens.
War, World War 3, and Civil War are extremely real. One may say, “You are crazy. War is not going to happen.” To that I say, well, it just did happen and has been going on for weeks now. I do not want to scare people. I do want to face reality now and prevent items.
What are the signs things are going to get better. There are only signs that things are going to get worse. Read “Bringing Back the American Dream 1,” here: https://andiethink2.com/product/album-2/ . My booklet has real answers, and tells what is really going on.
Thank you.
P.S. – Last year flew by. Why do you think last year flew by so fast? IT’S BECAUSE WE HAD A GOOD REAL GDP ECONOMY.