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While Wages Have Risen 10% in 20 Years, Real Costs Surge 55%! Easy Money, Big Problems

THIS PROVES 2020 WAS FANTASY LAND

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source / The Money GPS

This is how crazy 2020 has been .Everything is breaking records to the up but also the down side. Major disparities have formed everywhere with no resolution in sight. People are waiting for more Fed money, more government stimulus, more helicopter cash. But this has never resulted in long term benefits and yet they push it because those at the top will always manipulate the system in their favor and trap those they want inward.

 

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Congress on the verge of spending $3 trillion in December as national debt climbs to $28 trillion | Just The News

Congress on verge of spending $3 trillion in December as national debt climbs to $28 trillion

In September, the CBO projected that the national debt will exceed the size of the entire U.S. economy in 2021.

NYC’s Plummeting Real Estate Sales Cost City $1.2 Billion – Bloomberg

https://www.bloomberg.com/news/articles/2020-12-17/new-york-s-plummeting-real-estate-sales-cost-city-1-2-billion?sref=RJ2RlMrh

Paycheck To Paycheck: Why Even Americans Who Earn $100,000 Struggle With Bills : NPR

Paycheck-To-Paycheck Nation: Why Even Americans With Higher Income Struggle With Bills

In the pandemic, a third of Americans struggle to pay usual costs, even some earning over $100,000. But living on the edge financially is nothing new in the U.S. Three households share their budgets.

Federal Reserve Board – Federal Reserve Board releases second round of bank stress test results

Federal Reserve Board releases second round of bank stress test results

The Federal Reserve Board on Friday released a second round of bank stress test results this year, which showed that large banks had strong capital levels unde

Walmart and Gatik Go Driverless in Arkansas and Expand Self-Driving Car Pilot to a Second Location

Walmart and Gatik Go Driverless in Arkansas and Expand Self-Driving Car Pilot to a Second Location

Last year we began an autonomous vehicle pilot with Gatik to move customer orders on a two-mile route between a dark store (a store that stocks items for fulfillment but isn’t open to the public) and a Neighborhood Market in Bentonville, Arkansas. Since then, we’ve safely driven more…


There has been more money flowing into tech stocks, ETF’s, ESG funds, mutual funds, passive investing. This has been the trend for 2020 while there has been record low interest rates globally. We have seen cash, debt expansion right now at extremely high levels.


— APPENDICES —

— The Money GPS: Aim Higher (Instagram Dec 17, 2020)

— The Money GPS: Never lose money (Instagram Dec 16, 2020)

— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)

— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)


— FOOTNOTES —

The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

The Money GPS on Twitter: “We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt / Twitter”

We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt

The Money GPS on Twitter: “INTERESTING CONCEPT. One business falls, another may to pop up. Those who get the trend but don’t overextend may position for future. Not just gyms but think of how may new businesses are out there today that were not in existence or just in infancy last year. Big changes fast. pic.twitter.com/mHSWgM4k1w / Twitter”

INTERESTING CONCEPT. One business falls, another may to pop up. Those who get the trend but don’t overextend may position for future. Not just gyms but think of how may new businesses are out there today that were not in existence or just in infancy last year. Big changes fast.

The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta / Twitter”

IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta


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The Money GPS Easy eCourse

How To Fix the Economy

How To Fix the Economy – Introduction
How To Fix the Economy – Bailouts
How To Fix the Economy – Food
How To Fix the Economy – Central Bank
How To Fix the Economy – Manufacturing
How To Fix the Economy – Financial Markets
How To Fix the Economy – Media
How To Fix the Economy – Overseas Investment


The Money GPS on Twitter: “The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT / Twitter”

The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

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Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2020


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money #finance #invest

 

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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