“To be forewarned, is to be forearmed.” — unknown
Although people today primarily focus on ‘feeling good’, they should consider things may not be the same tomorrow as they are today. (i.e., the ‘normalcy bias‘.) We here in the U.S. are changing… rapidly — economically as well socially. And to prepare financially is a wise consideration for the near future.
I have read several articles on this subject and learned of numerous financial prognosticators’ projections for the 2015-2025 time-frame. To say the least, none of them are good. As such, I am including a few links here for your reading to hear what is expected. Being safe is better than being sorry. And being prepared for the worst and hoping for the best has served me well for several decades. These are links you won’t typically see elsewhere.
Everything Is Just Fine…? — We hear things are good, are they?
The Last Gasp — What is happening globally?
The Seven Year Cycle — There are cycles in economies.
Economic Cycle Theorists — Economic cycles do exist, about four of them.