The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Friday, October 26, 2012

Why I Can't Wait For Nov. 6; It's not what you think.

Anyone that has spent the last few months on planet earth knows that the presidential election is coming. Politics can be seen everywhere you go. I believe that our country is at a tipping point and this election represents a point of no return. Considering how politically opinionated I am, it's ironic that I cannot wait for it all to be over. 

It's not because I think Romney is going to win, or because I want to be friends again with my liberal friends. It's because I want to know how to prepare for the next four years. Based on history, sociology and simple economics, I know how the next four years will look depending on who is elected.

If Romney is Elected:
  • instant hiring will happen because confidence will be restored
  • stock market will skyrocket for the same reason
  • velocity of money will speed up and we will see inflation
  • high interest rates to combat inflation
  • housing market will continue with low inventory and price appreciation
  • though a fiscal cliff will loom, faith will be restored that evasion is possible
If Obama is Elected:
  • the US will most definitely hit a fiscal cliff: tax increases, forced budget cuts, & or debt ceiling
  • stock market will crash; it has stayed afloat with hope
  • hiring will remain sluggish for years
  • housing market will continue with low inventory and price appreciation
  • hyperinflation becomes an actual possibility, but not immediately
  • freedom will become a luxury
  • the cost of healthcare will skyrocket, even compared to recent appreciation
  • the federal debt will hit 20T, maybe not for 5 years, but it will.
  • US credit rating will be slashed again
  • Fed WILL NOT stop printing money
You may not agree with me on any or all of these points, but I don't care. I have done the research. I have studied and observed great societies and their degradation. I am confident in my analysis and predictions. I also still believe Obama will win for the simple fact that I don't have faith in society. I have said it before, if Obama win's I'm headed for the hills. Not literally  but figuratively. My Homestead Project will be kicked into overdrive and I will be up and running by next summer.


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