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Updated almost 5 years ago,

User Stats

341
Posts
264
Votes
Matt Millard
  • Lewisville, TX
264
Votes |
341
Posts

Are we in another Great Depression? Why or why not?

Matt Millard
  • Lewisville, TX
Posted

With GDP & unemployment levels likely topping the Great Depression how will this impact your market & investing?

For myself I know the builders in process of building $2200 a month Class A+ rentals all around north dallas suburbs are going to be in a world of hurt.

My discussion 3 years ago on this topic was really active yet no one thought it would happen anytime soon.

The truth is this virus & our over-reaction to it has exposed the true weaknesses of our system & Keynesian Economics.

We need biblical/Austrian economics & savings & investment now more than ever not more stimulus with money our grandkids don’t have, stimulus & federal reserve shenanigans!

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