Are We Facing a Market Crash

Are we facing a market crash? Some economists believe that we are. They believe that we are in several very large bubble.

What do you think?

There is much to discuss. Illegal immigration, BRICS move away from the US Dollar, out of control government spending (not just in the US), political unrest, changing industries, and artificial intelligence. A lot to include in making determinations. 

Some of the Predictions:

Market Insider: “Once The Dollar Breaks down, Peter Schiff Warns Of Run-Away Inflation: ‘Investors Are Completely Unprepared’

CNBC: “U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says”

Fox Business: In an updated interview with Fox News Digital, economist and financial author Harry Dent detailed the ‘bubble of all bubbles’ he expects to hit markets in 2025

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Are Your Prepared for a Crash?

If a Market Crash is on the horizon — are your prepared? Can your household survive during a major market crash? It may be time to become a prepper. Having backup supplies may be the best strategy for your household. 

Some prepper platforms that you may find useful are as follows:

Prepping may or may not be for you, but it may be prudent to prepare financially. 

Crypto During a Crash

Like it or not, crypto is here to stay. It is a massive part of the economy. The question is how crypto will perform during a market crash. Have any thoughts?

Do you use Bitcoin, Ethereum, XRP, Dogecoin or other type of coin?

Many people do not like digital coins. But too be sure — there has been a lot of wealth made through these platforms. Take a look at the performance of Bitcoin below:

It’s sometimes easy to forget that Bitcoin (BTC) is just a teenager, launched in 2009 by the enigmatic Satoshi Nakamoto.

Since then, Bitcoin has seen a meteoric rise, increasing from fractions of a penny to an all-time high of nearly $69,000 in November 2021.

“The big “B” was the best-performing asset class of the decade preceding that all-time high. Bitcoin returned more than 230% during the 10-year period ending in March 2021. For that reason alone, it’s now firmly entrenched in the mainstream.” – Forbes Advisor

Today’s Bitcoin Price: 65,026 (12:35pm EST)

If you bought Bitcoin at $30,000, you would have doubled your money. The unknown factor is how Bitcoin or other digital coin will perform in a major market crash.

Please share your thoughts…

Prepare Your Business – Prep

One of the best things you can do as a small business owner is to have a Small Business Survival Plan. Study, learn how a major market crash would change how your small business does business. We can help! Develop an Emergency Preparedness Plan for business operations.

Become a business prepper. Stock up on supplies, purchase equipment, and have a “rainy day fund”. It also may be wise to have various forms of bartering tools available. gold, silver, and other valuables. 

It is always a good idea to be prepared. 

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