Economist Predicts Massive Inflation Coming, Are You Prepared?
Most of the time I think Donald Trump is a bit of a radical and at times he is led by emotion instead of common sense and reason. You know those times I'm talking about...
But recently he talked about something called "massive inflation" and this is something I have been worried about for some time now. While Donald Trump is not an economist there is an economist who is backing up what The Donald said. Recently Donald Trump said in an interview that the 8.3% unemployment numbers are far less than the 20% unemployment numbers he has come up with. He also shows how he came to that conclusion and it's some pretty scary stuff. I tend to agree, because while the media is continually saying the unemployment numbers are falling, in my reality, within my group of friends, and among the listeners that I talk to, the 8.3% is not an accurate reflection at all.
I think once you fall off the unemployment records because your "time is up" for collecting it falsely appears that less people are collecting unemployment so they must have finally got a job. It's just not true! I personally know of two hard working families, a mother and a father, who have lost their job and are now living in a cheap hotel with their children. To me, that does not reflect an economy that is healing.
Hate to be the bearer of bad news but economist, Robert Wiedemer, the one who predicted the other bubble meltdown in 2006 says, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”