The US Recession Survival Guide

By Anthony Chandler

The old saying "History does not always repeat itself, but often rhymes" is based more on fact than on fiction. When studying the history of the economic recession in the United States, you should better understand how coming recessions can affect your current financial life. Get the best blueprint to prepare you for a recession in 2020 and beyond! You don't want to be caught unprepared during this next great recession!

• Language: English
• Publisher: Anthony Chandler
• Release date: Jul 26, 2022
• ISBN: 9798201247393

Book preview

THE US RECESSION SURVIVAL GUIDE

The ultimate blueprint on how to survive recessions unscratched

by Jonathan reach

Table of Content

INTRODUCTION

CHAPTER ONE

CASH IS KING

CHAPTER TWO

GET RID OF YOUR CONSUMER DEBT LOAD

CHAPTER THREE

STACK FOOD AND SUPPLIES

CHAPTER FOUR

GO FOR RECESSION-PROOF JOBS

CHAPTER FIVE

HANDLE FINANCIAL SECURITY FOR YOUR FAMILY

CHAPTER SIX

GROW YOUR FOOD

CHAPTER SEVEN

INVEST IN RECESSION-PROOF YOUR INVESTMENTS

CONCLUSION

INTRODUCTION

The old saying History does not always repeat itself, but often rhymes is based more on fact than on fiction. When studying the history of the economic recession in the United States, you should better understand how coming recessions can affect your current financial life. If you read newspapers during a recession, you can really scare yourself. And as if there was a race in the media in Who is the first to time the end of the world, there would be a struggle every day with new disaster scenarios. A recession is suddenly the evil of everything; It is the end of the economy. It is the end of days!

The youngest millennials were at least thirteen years old at the end of the Great Recession in 2009. For many of their peers, these initial years of work have been filled with relative economic stability, low-interest rates, a rising stock market and constant employment. When observing the fall of the stock markets and the next recessive effects in the global economy, these actions of the end of the world fall in fertile land. The terrain of a very normal human emotion. Fear! And because the media likes to pour more and more fuel into the fire, fear of investors increases, and stock prices fall even more.

While economic winds have been behind millennials for almost a decade, there could be a change in weather forecasts. There are early warning signs that the United States could experience a slowdown in economic activity in the next eight months or so. A common indicator used to measure the economic activity of the United States is the gross domestic product. The GDP is the total value of the goods produced and the service provided during the year. In the first quarter of 2019, US GDP grew. It grew at an annualized rate of 3.2%. A slowdown in economic growth is one thing, but by definition, two-quarters