Tony Robbins, being the most famous motivational speaker, is warning us about a coming economic collapse. What does that mean? Um… maybe we shouldn’t be that optimistic about the economic recovery…
Tony Robbins Economic Warning 1-2
Tony Robbins Economic Warning 2-2
Don’t be fooled by the recent ridiculous rally. The more and more I am convinced that the market does not reflect the health of the current economy. With the trillion national debt, high unemployment rate, weak retail profit, weak real estate, there is no way a recovery will be coming anytime soon. I am not being pessimistic, but just realistic. Look at the graph here:
The S&P 500 companies are losing money. Thus the explanation to the rally is that:
- either the market has become a playground in and of itself disconnected from the actual financial data
- OR the devaluation of our dollar helps push and maintain the stock prices.
I just read this article: Today’s Bear Market Now Not As Bad As The Great Crash! Here is their graph:
Looking at our current blue line, I think we are getting really close to the Great Depression line. Wait, hold on… I think we overlapped !!! And we overlapped because we just had a March rally!
Be warned… A historical big crash is coming, something to the magnitude of the Great Depression if not worse.