There's a huge tsunami coming our way.
And no, it's not the kind that comes from the ocean.
It's so odd how most people seem to be content -- even excited -- as they blindly believe that "all is well" after the vast majority of the "scamdemic" is behind us.
But what most people don't realize is that we have some extreme problems coming our way.
And it has to do with the economy.
I don't think it takes a rocket scientists or a genius to figure out that the stock market is way too high (when taking into context the real "value" of the stocks or stock index markets). Real estate prices are too high. Building materials such as lumber and concrete...also way too high.
We're having a supply and demand problem.
But not for long.
If you think in terms of what "supply and demand" really means, it's this: when the supply of something exceeds the demand, prices go down because there is less value. On the other side of the coin, when demand exceeds the supply, prices go up.
Which is what's happening right now.
How long is it possible or "probable" that such a demand can continue to exist? After all, millions of people have been existing on credit cards and government stimulus money. Most people also haven't seen a raise in a long time. There is a labor shortage (because there are people who would rather take unemployment checks than go to work).
Who are all of these people overpaying on homes? Who can afford it?
This is exactly what happened in 2007-2008. Real estate prices went through the roof. But, as we all know, at some point the music has to stop.
And who is always left holding the bag? Those who paid the highest dollar amounts for their properties...right before the bottom dropped out.
While some people will keep their overpriced houses, even when they are worth much less than what they paid for them, others won't. Some will walk away. Others will find difficulty being able to afford their overpriced property.
Do I think we're going to see a replay of 2008?
I'm not sure it'll be that bad but we are definitely in for a wild ride when it comes to economic changes.
Think about it: we've been in a bull market for more than 13 years which is longer than any other period in our economic history. What goes up, must come down. And it's right around the corner.
But...as you know, with hard times ahead, there is always opportunity if you play your cards right.
CLICK HERE to find out what I'm talking about and how you can take advantage of these opportunities by playing your cards right.
See you at the top!
P.S. I'll be doing a special training on "A Tsunami of Opportunity for 2022." CLICK HERE to register for this rare and unique event right now!