The charts project the Dow headed below 20,000. That's a 50% drop.
ShadowStats shows that unemployment hasn't dropped below 20% since 2008, or around 16 years.
Tech has already announced big layoffs for 2024.
This is not your typical correction. We're looking at near Great Recession unemployment and food prices that most people can't afford.
When Ben Bernanke was asked why banks are buying up all the gold at $2000 an oz, he said they're foolish because gold is worthless. What is Bernanke trying to hide?
