Recession Profit Secrets

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When is the next recession coming? This website, recessionprofitsecrets.com (click here) can help give you the information you need to survive a recession and help you protect your money that you have worked so hard to obtain.

economic graph

Will we go into another recession soon?

The economy always goes through recessions and booms. The author of this website lives in the United States of America, so that is all we can speak to here. We aren’t familiar with when the rest of the world experienced major recessions and economic downturns. The years of major recessions in the United States that financial experts and economists may rattle off to you are 1907, 1929 (starting off the Great Depression), 1987, 1992, 2000/2001, and 2007/2008 (starting off the Great Recession).

Did we just come out of a major recession, and we don’t know it?

Did you know that the United States that while everyone might be worried that we will have another recession as bad as the one started by the housing crisis in 2007/2008 that the US had a major recession in 2020 during the pandemic? It seems obvious with workplaces, exhibits, points of interest and restaurants closing to prevent the spread of Covid-19. But it was massive, and unemployment shot up from around 4% to over 14.7% by April of 2020. The reason that you might not hear people or the press taking about it as much is that it was the fastest economic recovery that the US ever had. Without taking sides on Governmental or Political policy, there were things done to prevent a long-term economic disaster in this century that would have rivaled the Great Depression of the 20th century.

Our elected officials and banking officers/regulatory agencies have the benefit of hindsight and historical data that they can use as tools to help prevent major disasters from occurring. But will the moves made by those officials back then, some of whom are no longer in that role, become obsolete pretty soon and end up hurting us the rest of this decade?

If the rules are made to protect us, why are small banks failing?

small banks

So, your money and your future are safe, right? Then why are small regional banks failing recently. Wasn’t the FDIC a safeguard that was put in place to make sure we never had a run-on (too many customers withdrawing all of their money from the same bank as the same time) bank again? Why does it matter to a bank if you don’t want to deposit your money there? This post is not going to be a research paper on the Federal Reserve requirement for all banks in the US, but it turns out that banks make money by way of loans/fees and interest rates that they are allowed to perform and collect from your deposits.

So, if many people do not deposit money anymore because they need it to pay off higher costs of living or operating a business due to higher inflation, that is one ripple in a big pond. And the banking industry is worldwide, not just confined to rural towns in the middle of America. But the citizens of those towns may never meet an employee of one of the Federal Reserve banks that has power of those citizens money and future.

Why should you care?

empty pockets

So what? What does this mean for you? This means that since (most of you) are not privy to banking practices or have a say in how banks run their business, that your personal finances, including your retirement, are in the hands of people that you will probably never meet or elect. Which means you are always at risk for the effects of a possible recession. Years after a recession/depression occurs, then you can find out what the cause was, like how credit default swaps triggered the housing crash of 2007/2008. But back then, did you even know what that was or know anyone else that did? What if you work for a small business, or even a large one? Do you know how the owners, or the executives are securing their finances to ensure that they can keep you on as an employee? Probably not, they don’t have to tell you. That is why it is so important for you to educate yourself on how to weather a financial storm correctly. If you do not take the destiny of your financial well-being in your hands, you may not have enough for retirement, and you’ll probably have to work to make ends meet for the rest of your natural life.

Other posts and pages on thegoldliving.com will discuss investments in precious metals as one safeguard to weather the financial storms so that you can get through them relatively unscathed and maybe even better off than you were when chaos started to occur. Also, we can talk about investing in assets that will help your money make interest and work for you instead of you having to work for it. Right now, recessionprofitsecrets.com talks about steps that you can take now to hunker-down financially, and still be safe should 2024 bring another economic disaster. There is a lot of talk out there about how interest rates might come down next year which could ease the woes of inflation caused in 2023.

A lot of people in the US say that it’s an election (Presidential) year, so no one really wants to rock the boat. 2000, 2008 and 2020 were also Presidential election years which saw chaos and uncertainty by way of a contested election (2000), one of the worst performances on Wall Street ever (2008), and the Covid 19 pandemic (2020), or and later-on another contested election (2020/2021).

You need to learn how to keep your money safe from crooks and the “system”.

reviewing information

Stop making compromises to your happiness by being a slave to wages. You probably want to know what safe investments during a recession are available to you. Click here to learn more about “The Golden Ticket” and get your free gift from recessionprofitsecrets.com. This site isn’t about just the “doom and gloom” of it all. This site, recessionprofitsecrets.com can also teach you how to create wealth and protect it. You will not only be able to change the course of your financial situation now, but you’ll learn tools that may keep you on a successful financial course for the rest of your life.

Conclusion

Never forget that it was your hard work and intelligence that helped you earn “your money.” It is not the bank’s money. That means it is also your responsibility to protect it. You are the only one that can take the time and learn the tools to help you protect your wealth and amass more of it for the future. Do it for yourself and for your happiness/well-being. In doing all of this, you can shape the future of your loved ones by not only setting up their inheritance of your assets when it is that time to do so, but also by teaching them how to protect and build their own wealth portfolios. Then, your legacy will truly be solidified!

You can find my other articles and reviews on my home page by clicking here: The Gold Living | Make a Gold Living for yourself!

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2 thoughts on “Recession Profit Secrets”

  1. This was really interesting to read. 

    I never really thought deeply into these kind of things, but such information is really important to know. 

    Most people (myself included) don’t tend to question the systems we’re put into, following everyone else and not stopping to think about whether their money is truely safe. 

    Thank you for creating this post and getting this important information out! It reminded me how important it is to be proactive in protecting my money and keeping an eye out for anything that may pose a risk to my income, or my loved ones. 

    All the best.:)

    Reply
    • Thank you for your review of this post! Much appreciated!

      Reply

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