The 3 Mega Threats To Our Economy In 2024 & How You Can PREPARE...

"you'll see it even more accelerate in 2025 and so if interest rates stay high in 2024 and 2025 which is what the Federal Reserve Bank says will likely need to happen to fight inflation if interest rates stay high that means all these corporations that are sitting on these huge piles of debt are going to see their debt payments Skyrocket"

"over the next 24 months as more and more of these debts start to readjust well the costs on these corporate landlords are also going to rise"

"now you're already in a situation where you're struggling making your mortgage payments you're struggling making the expenses as it is and now your expenses start to go up you can start to see why this will be an issue especially for offices in the coming years"

"because the issues that created the banking crisis in the early part of 2023 which was the higher interest rates haven't gotten better in fact they've gotten worse because interest rates have gone up even more and a lot of people have completely ignored and forgotten what happened with the higher interest rates and Banks being underwater on these treasuries but that issue is still there"

"now we're starting to see that employment growth slow companies are hiring less companies are starting to downsize and wage growth is also starting to slow down and if interest rates stay high you can expect this trend to continue into 2024 which could result in higher unemployment"

"all these things contribute to slower spending and APC slower spending that can lead to a higher unemployment which leads to a slower economy"

"when the banking crisis was happening in the early part of 2023 there were two main triggers for this"