What You’ll Learn Today:
- The staggering impact of rising national debt on housing affordability
- Why higher taxes and unemployment rates are inevitable
- How to prepare financially for the upcoming economic turbulence
Housing Next Year: A Financial Storm Brewing
Next year, housing will face a crisis. The presidential election aftermath and rising national debt spell trouble.
Big trouble.
The budget deficit will hit $35 trillion by year’s end. Could hit $36 trillion by President’s Day. Might reach $37 trillion by 2025’s end. This debt crushes every American.
Current U.S. Census data shows 336,673,595 people. Only 161,491,000 are employed. Another 6,492,000 are unemployed.
The working few carry the burden. Divide the debt by them. The picture isn’t pretty.
Debt per working American could jump $12,384.59. To maintain current levels. American workers are tapped out. No new production jobs. Automation replaces labor. Woke and genderism issues persist. We need jobs. Any jobs.
Higher taxes in 2025 are certain. Cut expenses now. Create breathing room. Adjust financially. Unemployment will rise. The Federal Reserve can’t support political spending forever. Congress lost control. National resources mismanaged.
Bureau of Labor Statistics data shows the real employment rate is 3.8646 percent. Historically, moderate unemployment is around 5.8 percent. Regular recessions are the norm. Before 2026, an unemployment rate twice the current one is possible. Maybe probable.
Final Thoughts
The next few years look tough. Rising debt. Higher taxes. Increasing unemployment. Housing affordability will suffer. Financial stability will be at risk. Prepare now. Reduce expenses. Build a cushion. The storm is coming.
Be ready,
Freedom Financial News
