WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

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Grand_Master
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WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

#384

Post by Grand_Master » Thu Jun 29, 2017 11:39 pm

If recent history is any guide, the United States could face another serious recession in the next year or so. The Great Recession officially ended eight years ago and, on average, another U.S. recession follows along in about six years. We’re overdue.

How well are Americans prepared for the next recession? Not very, according to a survey released Monday by GOBankingRates. A full 60% of Americans have yet to recover from the Great Recession and 68% have no investment strategy to help cope with a new recession. In fact, 49% of Americans live paycheck to paycheck.

The situation is worse among women, 69% of whom say they couldn’t cover six months of living expenses from savings. Among men, 52% say they don’t have enough savings to cover six months of living expenses
More here------->http://247wallst.com/economy/2017/06/26 ... recession/



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CosmicSentry
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Re: WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

#387

Post by CosmicSentry » Sat Jul 01, 2017 5:11 pm

Man shit keeps getting worse these days. Hope y'all are prepared financially and physically because your're gonna need to haul ass when SHTF.

Killa_Queen75
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Re: WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

#390

Post by Killa_Queen75 » Sat Jul 01, 2017 5:18 pm

CosmicSentry wrote:
Sat Jul 01, 2017 5:11 pm
Man shit keeps getting worse these days. Hope y'all are prepared financially and physically because your're gonna need to haul ass when SHTF.
Oh yeah bro, definitely. Once the gravy trains stops, shit is going to get real really quick!

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MasterZ
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Re: WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

#466

Post by MasterZ » Tue Jul 04, 2017 2:48 pm

CosmicSentry wrote:
Sat Jul 01, 2017 5:11 pm
Man shit keeps getting worse these days. Hope y'all are prepared financially and physically because your're gonna need to haul ass when SHTF.
fuuuark! I'm barely still in college lol. I'm fucked. :lol: :lol: :lol: :o

LostArbiter
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Re: WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

#532

Post by LostArbiter » Sun Jul 09, 2017 8:26 pm

MasterZ wrote:
Tue Jul 04, 2017 2:48 pm
CosmicSentry wrote:
Sat Jul 01, 2017 5:11 pm
Man shit keeps getting worse these days. Hope y'all are prepared financially and physically because your're gonna need to haul ass when SHTF.
fuuuark! I'm barely still in college lol. I'm fucked. :lol: :lol: :lol: :o
Haha dropped out of that shit. Didn't want to be someone's debt slave.

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PrimeOfTruth
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Re: WOW! Two-Thirds of Americans Could Be Ruined by Another Recession Next Year.

#725

Post by PrimeOfTruth » Sat Jul 22, 2017 6:39 pm

Knowledge on survival materials and skills is a must. Things will get crazy real quick before you no it.

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