2021 economics simplified! Economic warfare by the major players…
The West prints money, the rest has the goods!
For people that aren’t really following what is happening right now in the world, but there is a true economic war going on! And not a small one either. Europe and the USA have been printing money since 2008 like nut jobs. It has inflated the economy to a point where people are getting free 1000 USD cheques in their mail to spend on whatever they want.
On the other hand there is Russia and the Arab countries, that hold the gas and oil that are needed in every part of the economy. And then there is China that has bought up all the resources and producers of resources. This equation makes the West in a very vulnerable position. Russia knows we need the gas, China knows we need their products, and the OPEC countries know we still need their oil. This is driving prices up faster than ever in this decade. And it won’t stop! Europe and the USA are getting milked dry, and the lowest class and middle class will be the victims of this entire warfare.
The question is, how can average Joe prepare for this. By investing, even the smallest amounts, in assets that are inflation proof. Like physical gold and silver, cryptocurrencies and certain stocks!
Be prepared people!