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When Barak Obama was president, preparedness was a very popular topic. Many people were certain that Obama’s policies would eventually crash the economy, so they wanted to be ready. And although preparedness is still a popular topic, now that Donald Trump is president, most conservatives aren’t as worried as they used to be. In fact, several statistics show that interest in preparedness is declining.
This is unfortunate because being prepared for a financial crisis is more important than ever.
The economy was going to crash again no matter who became president. Although it’s true that unemployment is down, retail spending is up, and the stock market is higher than ever, keep in mind that the same things happened right before the dot-com bubble burst, and then again before the housing bubble burst.
I believe we’re in a new bubble financed by cheap money from the Federal Reserve, and it will continue to inflate until something pops it. If Trump’s tax bill had failed to pass, it probably would have popped already, but since it did pass, confidence is up and the problem has been kicked down the road. It’s only a matter of time before we run out of road.
The coming financial crisis is just one of seven reasons you should keep prepping even though Trump is president, so if you’re not convinced the economy is going to crash, check out some of these other dangers that Trump can’t prevent. (Note: This article was published right after Trump won the election, but I believe it’s still very relevant.)