Today, the US debt is over $23 trillion and growing. There’s a very real possibility that a byproduct of any slowdown in the economy could lead to debt default, the interest on the debt costing over $500 billion each year. With the reduced federal revenues that a recession would cause, the odds of the deficits increasing each year will grow until eventually it will be nearly impossible to service the debt without cutting expenses to the bone – including defense, btw – to forestall default.
It is a dire situation being made even worse by the Trump administrations racking up over $1 trillion deficits, still counting, and growing.
The global economy is heading into a recession. At least that is the fear after months of warning signs from the engine of global trade, which has spluttered this year. Here we examine 13 clues that the trend, after ten years of expansion, could be backward.
“Welcome to The Atlantis Report”, these folks have done an outstanding job in putting this information together and everyone needs to watch these videos and prepare for the worse.
Remember our channel is about becoming debt free and prepare our families for the future.
Here’s some information about the Atlantis Report folks that are providing great information to us and if you want to donate to their cause please read below and disclaimers.
#1. The escalation in the US-China tariff conflict.
👉 For the full transcript go to https://financearmageddon.blogspot.com
👉 Donate to help the atlantis report Channel: https://tinyurl.com/vqbgwld
👉Recommended Economic and Financial books :
Destined for conflict: Can America and China Escape Thucydides’s Trap? https://amzn.to/33RwG52
How an Economy Grows and Why It Crashes by Peter Schiff : https://amzn.to/33Tk8Ky
Bitcoin: The End Of Money As We Know It https://amzn.to/31TXAqX
The Death of Money: The Coming Collapse of the International Monetary System https://amzn.to/2L2688q
– Rachna Sachdeva Korhonen is the Consul General at the Consulate General of the United States in Dhahran, Kingdom of Saudi Arabia as of August 2017.
– Since she plans to go back to the states in a couple of months, this could be her last interview in Saudi Arabia.
راشنا ساكديفا كورهونين هي أول امرأة تشغل منصب القنصل العام في القنصلية الأمريكية في الظهران ، منذ عام 2017 ، بما أنها تنوي مغادرة المملكة العربية السعودية في الشهور المقبلة ، هذه المقابلة قد تكون آخر المقابلات لها في المملكة.
Do you find a way to learn ux design? In this video I am starting a new UX design course video series. I noticed that there are only a few ux design course videos on youtube for beginners and no-one is a complete course. So I decided to create a design thinking course / design thinking workshop totally for free.
If you are a beginner ux designer who wants to learn ux design then I welcome you to that ux design for beginners course. Together we are going to analyse the UX fundamentals designing a user friendly mobile application, Make sure to register on the design thinking course 2020 following the link provided above.
This is an introduction to ux design course. In the upcoming viceos I am going to share more ux design tips and show ux design tutorial
Now about the Design thinking and that UX design course. In this video I introduce you to design thinking and I analyse why design thinking is so important in 2020. Almost all of the successful companies follow a kind of design thinking process. Do not worry I do not mess with any complex definition of Design thinking. This a practical UX channel. Instead I give an overview of the 5 basic design thinking steps
The current market environment, CD and money markets have dropped too levels that I can’t make any money unless we are in the market. So, I changed my investment strategy to achieve at least 5-10% a year selling Covered call options that’s been around for years. This will be passive income producing if I want to withdraw from once a month, quarterly or even yearly if I wanted to. This is a real account and I could make or lose money so their is additional risk involved here and no investments are FDIC insured.
We began with 24k and I will put 1k in next month, So we can have at least 25k invested. I will update the video when ever positions change and show you all my trades. Please feel free to follow along by clicking the subscribe Button and give this video thumbs up.
I prefer everyone to perform these types of trades within an IRA, so you don’t have to worry about taxes on the profits you make. Because “wash” rules of the tax code could effect you on claiming any losses on your trades. Remember please consult your tax professional on trading investments outside your IRA’s.
Keep in mind, markets can change and folks can lose money. Please read all my disclosures below and thank you for watching. We’ll see how this proof of concept works out and place information in the remarks section of different stocks you think I should add to this profile. In, August we’ll start a 50k profile as well and that will focus on index funds covered calls.
Money Journey with Sonny and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!