The Donald Trump Economic Collapse is Coming are you Prepared? – October 3, 2018

I live in Canada, I invest in Canada so the information I typically write about free of charge revolves around the coming economic collapse coming to Canada. However, this global collapse is global and it’s not what you think it is. This is a debt bubble, what is a debt bubble exactly? A debt bubble means that once the collapse happens debt will be hard to come by. This is what a lot of people don’t understand. I say this over and over and over again, a lot of the money created, which is in many ways debt has been taken by entities who are also heavily invested in either assets or derivatives.

What’s hard for a lot of people to understand is how corporations function in order to avoid taxation. To void taxation most corporations who Mitt Romney once said are people too, don’t hold cash, they hold assets, typically cash producing assets, a lot of the people you consider rich actually use debt to acquire assets and they hold those assets for economic collapses. Now when most people think of an economic collapse they think wars, fires on the streets, chaos etc. but this is the world every day of the week if you turn on the news.

Now, the coming economic collapse is a changing economy, I’ve been saying for years, Donald trumps job as the President of the United States will be measured on how he handles the coming economic collapse. One of the reasons I haven’t been bashing Trump’s policies is because his policies are actually going to reshape the world. More and more countries are starting to understand how the free market creates wealth.

One of the reasons why big government is a horrible idea is because human beings tend to learn faster when they’re left alone during economic collapses. Yes, their people who simply will never understand a market economy, there will be people who prefer poverty or big government over prosperity, yes there will homeless people, but the point of a free society is to shine a light of truth. The truth is you can’t help everyone, however, you can raise the standard of living for humanity by allowing the free markets to work.

I woke up this morning I turned on a light, I turn a faucet and water came out, I went to a grocery store and there was food there from all over the world, I went home improvement store and they had all the tools I needed to fix my house, I went to a restaurant and there were people there to serve me. I went to a car dealership and there were cars there I could buy, The electricity that powers my city has been running for month’s straight without interruption, I can write this blog on the internet. what an abundant life I have, what an abundant life a lot of us have, what entity, what media outlets, what people are telling you that life is sucks? Whose brainwashing you into believing that the world is getting poorer, who are the people that are puppeting this economy telling us that we need debt to survive?

A consumer debt economy is a disastrous economy and it’s coming to an end, debt is an instrument that should only be used by the industrious, the people who can multiply the debt, who can create things of value. I’m sorry a mortgage agent, a real estate agent don’t provide much value, in fact in the digital information age, why do we even need real estate agents? Oh yea, we need them in Canada because the government is protecting them. What people can’t read to find out information about the home they’re going to spend $500K + to buy. In Ontario Canada, home inspectors are disappearing. The coming collapse is drawing nearer.

I advise Canadians and any persons reading this blog post to prepare themselves accordingly, the consumer is running out of money and while interest rates rise fewer people will qualify for unsecured loans let alone mortgages. Canada is deep in debt, wages are not rising, recently in Canada, the Ontario Liberal government raised minimum wages to $14 an hour. I’ve been working in the private sector since the mid-1990’s and there were people even back then in Ontario Canada who REFUSED TO WORK FOR ANYTHING LESS THAN $20 PER HOUR!

These people didn’t need the government to raise the minimum wage to get what they were worth, they showed the employer what they could do and demanded that employer pay up. Because so many Canadians have been trained to believe that Business people are evil, they approach the private sector all wrong. Ask any business whose not part of Franchise how hard it is to find a good employer? It’s hard, so when employers find good employees they will pay up if you’re not too scared to ask and if they don’t pay up a lot of employers in time find that their business goes belly up.

This is the real world, once you allow outside entities like unions or the government to be the middle for you, your wages your negotiating powers go down. One of the reasons Donald Trump is such a good negotiator is because he thinks big, Donald Trump has also been billions of dollars in debt before and guess what happened? The banks had to bail out Donald Trump. Do you know why> Because they invested heavily in him? The reason Trump has been able to make other nations come to the negotiation table is that a lot of countries are dependent on the U.S consumer, (who is very entrepreneurial by the way), to sustain their countries economy. Because Donald Trump has spent his entire life in the Private Sector negotiating with the Public Sector he’s able to view the world from an entirely different lens.

Now, what I’m writing here is a warning that this debt economy is coming down, but it’s only a bad thing if you’re in debt, namely the wrong type of debt, I don’t give financial advice but now would be a good time to look at your financial portfolio and ask yourself if what you have will be any good in an economy where consumer lending changes.

Interesting times ahead.