The UPPER Middle Class *JUST* COLLAPSED
1 in 3 Americans Making $250,000, Can't Cover a Basic Expense! Add me on IG @thisisjohnwilliamas
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Over the last two years the housing market, stock market, crypto market and most asset classes have greatly appreciated. This has given rich and wealthy Americans the opinion that they are richer than they truly are. We have now noticed many stocks pulling back and wealth being suck out of the markets which is putting fear into the eyes of americas middle class and some would argue even the rich. We have heard the terms on television about eating the rich, what they mean by this is taxing them and redistributing wealth to the general public.
However now what we are seeing is that inflation is also driving a huge concern across most Americans and we will see this impact people investing strategies and their overall quality of life.
If you are considering to invest money today, take into consideration the true state of the global economy when it comes to imports, exports, inflation and some would say hyperinflation and realized where the big concerns are and where most people spend a majority of their monthly income.
Pay attention to credit card debt, auto loan debt, student loans and more as we will begin to see people start to sell off assets to simply stay afloat so this could give a large opportunity to the smart and savvy investors to acquire assets at discounted prices.
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