First of all it's a fact that 90% of the tariffs Trump put on goods worldwide the American people have paid for. Likely only 10% of the Tariffs have been paid by companies importing those goods from overseas in order to stay in business. But how long can these companies stay in business eating that 10% of the Tariffs?
Next, I was up in Mt. Shasta and you know what was scary to me? There was almost no one there and this is Ski season. There was 2 to 4 feet of snow at Mt. Shasta Ski park and no one staying almost at all in the hotel I was staying in except for a few more on weekends.
The other thing was I didn't see one car with Skis on a ski rack or anyone carrying skis or snowboards in or out of the hotel or even skis racks on any car there the whole time I was there. Do you know how unusual this is?
It's what happened a lot during the Great Recession during the Bush and Obama Adminstration in which the dynamics of were actually worse than the Great Depression.
However, Bernanke of the FED then had studied the Great Depression and kept the Great Recession from being much worse than the Great Depression.
So, when Trump messes with the Fed that could eventually starve to death most people under the 50% level of income in the U.S. almost completely.
So, what I'm recommending is starting to grow your own food if you don't have a lot of money. For example, I have friends that grow 70% of the food they eat on just 2 1/2 acres of land on Mt. Shasta. Of course you do need and inexpensive water source which helps if you have your own well so you are just paying for the installation of the well and the electricity to run the pumps.
But, it can be done. So, this is one way to survive the coming Recession or Great Depression Directly caused by Trump's Tariffs in the same way Herbert HOover collapsed the STock market in 1929!
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