Hey guys, what's going on? I believe that we earn a major financial crisis in the United States economy.

And I keep getting phone calls, text messages and emails from friends and family, and they're asking me, what is going on?

I thought the best way for me to answer that question would be sit down and record one single video so that I could share it with those people, but also all of you could learn as well.

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In order to understand the financial crisis that is underway today, we must go back about three

years in order to understand how we got here. If we go all the way back to January 2020,

during that time period, COVID was just a thing in international markets and in the United

States, the economy was pretty healthy. We had

inflation under 2%. We had historically low unemployment and all seemed good in the world. As COVID

came to the U.S. and we started to see cases, first on the West Coast and then eventually in New York,

and then ultimately we got the lockdowns that were

mandated by the government. The velocity of money in the U.S. economy came to a screeching halt.

When that velocity of money came to a halt, investors and consumers got spooked. They were locked

in their homes and they didn't know what to do. So naturally, they wanted U.S. dollars.

There was a flight to safety.

And in order to get dollars, they sold every investment asset they possibly could.

They literally went into their investment portfolio.

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