We’ve Been IN A RECESSION FOR 5 YEARS!

When you look at the most recent GDP figures and subtract inflation, we actually have negative growth in today's economy. Using this method, it's suggests that we may have been in recession for the past few years and not even have realized it. All the artificial government stimulus has made things look better than they really are for a long time until now.

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Articles Mentioned in the Video

#realestate #housingmarket #homeprices #housingmarketcrash

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

[SteveDutton-v]

During recessions, assets often undervalue. By investing wisely in stocks, real estate, or businesses during this downturn, you position yourself for significant returns during the economic recovery.

[nicolasbenson]

Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

[Peterl]

The recession is currently the "most likely outcome for the economy and I cannot imagine being a victim of circumstances, " with inflation at a four-decade high. My portfolio took a serious hit, and it won't get any better. This red season, I've heard of folks netting hundreds of thousands. How can I make sure of that?

[DonaldMark-nese]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[gilwhitmore]

The business I am at has been in business over 50 years. Our sales are down over 25%. Our cost have gone up over 25%. There's a math problem with a bad answer.

[Plantbased]

The system died in 2008. We have been on life support ever since.

[blabla]

If your neighbor is out of work it's a recession. If you're out of work it's a depression!

[FrankColeman-st]

I like to keep a 'in case the market crashes' fund to try and take advantage of the low prices. When the market goes south, I use that money to spread out over the following months buying my target stocks on low days. That's aside my usual DCA, they keep dropping and I keep buying. I'm still in on Renewable Energy, EV, Tech, Health, coins too, gotta be greedy when others are fearful. At this point I'm grateful for my FA. Already with a 7 figure portfolio but I have no doubt investing more.

[ramosa]

The things people have to pay each month: car insurance, property insurance, property taxes, groceries, utilities, etc., continue to go up higher than wages. 3 percent my @ss

[RusuSilva]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

[rillesttalk]

Once the government/Feds redefined what the criteria was for a recession, I knew then that we were already in a recession.

[ryanrichardson]

Bruh you been killing it. As sad as it is... Its not your fault. Keep telling the unbridled truth. This channel isn't uplifting but is necessary.

[AshleysBallistics]

We were told this was "Transitory" well... We transitioned right down a cliff! 😬

[joebragg]

So glad you're an honest YouTuber, , , real folks appreciate that !!!

[pojack]

I’ve lived through 3 recessions in my adult life and we’re definitely in one now. It just feels like a recession.

[IntrovertsAuthenticated]

Average price of Gas is up 30% from 2019 Average Rent is up 25% from 2019.
A gallon of milk is up 30% from 2019.
The price of anything, from any year can be accessed via an internet search engine. Someone please let the government know this.

[mattb]

I like how people think that when inflation hits a 2-3% target that prices are coming down. They are going up and not coming down. The only thing that will make prices come down is deflation. The Fed and gov't will try to stop deflation at all costs as it does not fit the inflate the debt away model of deficit spending.

[jellyroll]

07 all over again. They kept saying everything is great meanwhile the people in the know were selling all their stocks. This one is going to be worse.

[brianwashere]

We've been in a depression since 2008.

[Oldeagle]

You are so timely as usual. Just an hour ago the news was reporting how well things are. Trying to convince people to spend more money.