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- America Is Entering a Doom Loop – Here’s How to Escape It
America Is Entering a Doom Loop – Here’s How to Escape It
My Hidden Agenda
America Is Entering a Doom Loop – Here’s How to Escape It
Friends, it pains me to say this… But America is in a “doom loop.”
I know when you look at the markets or the jobs’ reports, the economic picture looks rosy.
It seems like every day the market is reaching new highs. Unemployment is low. And gross domestic product (GDP) continues to grow at a robust pace.
I believe we have the strongest market and economy in the world. It’s something to be proud of.
But you may ask… If America is doing so well economically, why does it feel like so many people are falling behind?
That’s a question I’ve been struggling with for a while. And based on my research, it all comes down to the degrading of the U.S. dollar.
What I mean by that is our dollars are buying less goods and services than they used to.
If you’re not familiar with the “doom loop” concept… It’s when out-of-control spending creates rampant inflation. That rampant inflation collapses the purchasing power of the U.S. dollar.
That’s how you spiral into a doom loop.
You don’t need an economics degree to understand this concept. You see it every day when you go to the grocery store or fill up your tank.
You see the price of college tuition go up… You see the price of home ownership go up… Deferring the American dream for millions of people.
It doesn’t matter which side of the political aisle you stand on. Both political parties have put us in this doom loop.
Our government is in a $35 trillion hole. That’s more than $100,000 for every man, woman, and child in America.
That’s manageable IF you can keep current spending under control. But the government is currently spending 40% more money than it’s taking in.
And that is completely unmanageable.
The U.S. is running an annual $2 trillion budget deficit in a time when we’re at full employment – not in a war or in a recession. That is unsustainable.
The last time Americans saw out-of-control money printing on this scale was during the 1970s. It was a scary time…
If you had $1 in your savings account in 1970… You would’ve needed $2.12 in 1980 to buy the same amount of goods that you could buy 10 years earlier.
In other words, inflation has cut your buying power by more than half.
I believe things will be worse now…
In 1970 our debt-to-GDP ratio was 35%. Today it’s above 122%.
If we lost 50% of our purchasing power in the ‘70s when debt-to-GDP was three times less than it is now, how much purchasing power will we lose this decade?
What will all that money printing do to the value of your dollar?
It will crush it.
And the typical ways of escaping the erosion of your purchasing power – gold, real estate, and stocks – they won’t be able to keep up.
They can’t move up far enough and fast enough to offset the reduction in value of the dollars you hold.
Fortunately, there’s a new type of asset today that didn’t exist in the 1970s.
It’s the only asset I know of that can help you maintain your financial freedom in an era of rampant dollar destruction.
From Groundbreaking Technology to World-Class Asset