January 2023 is Going to Be Very Bad, Posing and Goofing Off Era is Over
The US Government is creating an artificial market downturn to bring the inflation rate down to 2% and we are seeing multiple indicators things are going to get bad. This is one of those moments where you trying to warn your folks and the goofy ones start talking that nonsense that nothing is going to happen, they will be okay, when we say back in 2001 and 2008 that folks were not okay and things got really messed up.
You already see indicators yourself. You see less police protection and criminals running around unchecked and comfortable using violence in public spaces. You see the homeless population and the open-air drug use, especially in liberal voting areas where drugs were legalized. You see the crazy drivers speeding past you and other cars and folks on edge at the gas stations in the Black community. You go to the grocery store and see the high prices of everything. You see exactly what is going on around us.
You must understand the turn of events. The Black community will currently pretend and openly flaunt that they are blessed and God got them and they will be alright. They will tell that nonsense but I know better and I saw how things went down. First people will lose jobs and lose incomes. The unemployment benefits will not cover maintaining anybody's current lifestyle and they will have to pawn or sell for quarters on a dollar to raise cash because most of our folks were check to check.
With no new income coming in, folks are going to lose their residences. There are no more eviction moratoriums or mortgage deferments and landlords are not playing with folks after losing money and there is a housing demand so the banks are going to be quick to foreclose to flip that home to a high housing market demand. Same with automobiles because of the demand for cars so folks not going to have wheels if they are on finance.
Now, we going to have folks start blabbing about they can get a gig economy job – gig economy jobs can only sustain good economies. There are only so many drivers and so many passengers that can afford to pay in a given market. There are only so many deliveries that can happen. People will be shocked and will have to figure out how to conserve money and gig economy services are a luxury. However, it may be possible to downscale and run your gig economy firm like they have been doing in Korea and Japan for decades where you run your rideshare or run your grocery delivery service and keep this option in mind as a solution.
We are going to see two major groups impacted – young workers from 18 to 24 years old and older workers over 40. The concern with older workers is going to be medical issues that will cascade and become bigger debt issues and this is what causes a lot of spirals into financial ruin for households. Younger workers as well as their health insurance cannot help them with raising children if they have children and have to pay out of pocket for their children's medical visits and needs. So you see the problem and risks to housing and shelter, medical benefits, and lack of jobs that pays the bill will be the downfall of many.
The one way out and the biggest way out is to spend the next 90 days focused on building up skills to land a high-paying, high-demand job that is in an emerging market such as Austin or Omaha. Do not rely on assets – sell them now before the big rush (there is already a rush right now) when the value for items goes down because the market is flooded with used items. Having savings is not good enough and will not last and will nothing but dwindle and will dwindle faster if health issues arise, which is what happened to many people in 2008 and there were people in 2020 whose health failed and once they got the virus, they had pre-existing conditions and lost their life.
You going to see more tent cities of homeless and more crime and drug markets. More and more desperate people will be stalking out gas stations and retail stores looking for folks to rob or steal their vehicles. Folks are going to turn to the sex trade to make money which is both a risk of violence and diseases. We are seeing a pickup of women abductions to sell to sex traffickers.
What I’m trying to explain to you is that it is going to get bad out here as the Federal Reserve works to artificially worsen the economy to drive down inflation. You better look out for number one because those punk clowns you follow on YouTube ain’t got the answer – those charlatans are using YouTube to make money by telling you anything that you will click on to view. They got you thinking about moving to Mexico or buying an RV telling you stuff that sounds good and these charlatans are making money off their stupid audience eating up those ideals without doing any research on their own.
Sell your assets, build up a reserve of food and cash, stay safe and secure, gain digital skills and look at digital content solutions from e-book writing to social media influencers. The silver lining is you can look at treasury notes with a 4% return, look at new markets to move to and find a new high-paying job or start your own alternative gig economy firm serving your local community. There are opportunities but they will only be accessible to those who train themselves and prepare themselves to move and move fast.
Don’t get caught up, the situation is real.