The FED Just ADMITTED THE ECONOMY IS COLLAPSING!

According to the FED's, most recent beige book, there are five alarming signs that the economy is in freefall. We could even be on the verge of economic collapse if these problems continue to worsen without any real solutions. All our government and the FED wants to do is print our way out of this which will no longer be possible. The recession/depression is here.

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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.

[SeanTalkoff]

For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

[darnellcapriccioso]

This collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.

[AndersonCallaway]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[waveblast]

The increasing homeless you don't see on the streets is the number of people now living in their car

[islesofshoals]

The Senate just passed 95B for Ukraine, Israel and Taiwan. That's billion folks, not million. The amount blows my mind. Meanwhile our own country goes to crap. WTH is going on?

[breadnaut]

5 Guys charges $25 for a burger and a chocolate shake. I refuse to pay that. Ever. Ill make my own god damn burgers and shakes for $25.

[jaws]

Blame all the crooked politicians (both sides), lobbyist, banks, and the greedy CEOs. Thats what is ruining this country.

[nicolasbenson]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[rangerdoc]

The US has become the very thing we mocked the Soviets for when I was young.

[debbiec]

*They Lie to the Public*
*They couldn't tell the truth, if their lives dependent on it*
*Once a liar* ! *Always a liar* !

[claudermiller]

I live on less than $1, 100 month social security. All I ever buy are the necessities, and the price of those has gone up 30-50%, beginning with covid. I'm so demoralized right now. This sucks.

[MM-femz]

The government keeps changing the definition of a recession

[jusrarsh]

*HOA fees are criminal. It’s like insurance companies. They want your money, but they do NOTHING for you. Wake up America.

[gb-jzmr]

I am in trucking.Recession is here and it will be bad.There is no freight, nothing is moving.

[GoodCitizen.]

Fast food is done. The only real benefit was cost, now it's cheaper to get restaurant takeout.

[johnb-qwsp]

All information from the federal government and government agencies are manufactured to fit the narrative they want. Remember that the federal government is allowed to use propaganda on its population.

[nickwilkinson]

I volunteer at a non profit horse rescue, because of inflation, people are giving up their horses, the cost of hay and care has gone through the roof, it's squeezing the life out of us..

[davisholman]

People - tighten up - we may be in a world of trouble. I bought a Subway meal for the first time in years. Just a sandwich & a drink was over $12! That’s crazy - how are people with teenagers feeding them??

[larrylamartina]

Restaurant food is so expensive. We don't go out and eat anymore. We've been cooking all our meals at home. We may go out once a month to treat ourselves. If you don't know how to cook, you ought to learn how it's much cheaper

[brianlee]

There are so many Americans that believe the government has their best interests in mind, but they don't. They only have their own interests in mind and we have each other. When United we are the real power