America, Will We Experience A Double-Dip Recession?
First of all, America is experiencing the start of its Second Great Depression, not another Recession. Therefore, the term “double-dip recession” is not even an accurate one. In order to be accurate, it would mean that America was in a Recession and that some time after late 2004 and early 2005 the U.S. real estate market and overall economy, after taking substantial downturns, either stabilized or improved. At no time since late 2004 and early 2005 have the U.S. real estate market and overall economy stabilized or improved. Since then, they have both continually deteriorated very badly and very quickly. This is evidenced by the fact that all 6 Fundamentals of the U.S. economy have continued to substantially decrease since then. Read More
The Potential Impact Of America's Second Great Depression Is Mind Boggling
America’s Second Great Depression has the potential to totally devastate up to approximately 90% of Americans and their business, both financially and psychologically, as opposed to only about 25% of them the way the First Great Depression did. Simply stated, the Second Great Depression has the potential to be almost 4 times worse than the first one. Read More
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