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Hi, it's Greg with your Financial Minute The economy is in a state of emergency and the government has done little to help it.
Government is boasting that household spending is increasing at a rate of 6.8%(1)
But where do you think this money is coming from?
Once the stimulus checks are spent we will be in the same situation as before...or worse!
"still nearly twice as many unemployed Americans than before the pandemic." People are going to be accustomed to spending money they didn't earn
This will cause inflation and your savings will have even less buying power.
The government should be encouraging economic activity instead of faking it!
As the saying goes 'buy a man a fish he'll eat for a day, teach a man to fish he'll eat for life.'
Right now the government is putting dynamite in our lakes and blowing up our future food source.
It looks like a feast but is really a sign that we will all be hungry tomorrow.
Greg's Financial Minute is intended to be a conversation and we'd love to know what you think!
Hit reply and let us know your thoughts
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| Best
Greg
 | I'm Greg Weitzman and I've been helping people learn to trade profitably for more than 20 years.
My free report, The Reversal Strategy, is the simplest, most powerful trading method you might ever discover.
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