in ,

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

THIS PROVES 2020 WAS FANTASY LAND

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

The U.S. Congress is on the verge of voting to spend $3 trillion this month alone as the national debt climbs to $28 trillion. The House and Senate recently passed a $740 billion defense bill and congressional leaders are currently negotiating an appropriations bill along with another coronavirus stimulus package.

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

A house. Two cars. A kid in college. Debi and Nick Lemieur had all the markers of a middle class life. But they both remember one purchase – Nick’s $600 bass amplifier – that prompted one of the biggest fights in their four decades of marriage.

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

December 18, 2020 For release at 4:30 p.m. EST 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 under two separate hypothetical recessions.

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

Dec. 15, 2020 By Tom Ward, SVP of Customer Product, Walmart U.S. 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…


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 —

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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.

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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

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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.

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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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How To Fix the Economy – Introduction
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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


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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


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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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