About a month or two ago, Trump & Crew, Big Biz, & the Corporate Media claimed that one of the main reasons our economy is "recovering" was this: wages have increased 2.9% (I forget over what time span). Here's what they left out--- price inflation is now at about 2.4%...and rising.
In addition, the Bond Market is collapsing, the Stock Market is still (despite corrections) overvalued partly or mostly because Corps. are buying back their own stock (thus falsely inflating its value), Debt is increasing (our Public Debt is now well over $21 trillion & rising rapidly, while total public & private USA Debt is a bit over $70 trillion), there are 27 million part-time workers in the USA, half of all the workers here make less than $32K per year, the IMF has launched a 10-year program to replace the Dollar as the world's reserve currency, housing rentals are sky-high, the home-owner Housing Market is in a giant Bubble, and Mega Banks continue to gamble with bizarre financial derivatives...thus continuing the Casino Capitalism that resulted in the 2008 Crash. Meanwhile, Trump & Crew are busily reducing regulations...especially those on the Financial Sector.
The next Crash---meaning, the next transfer of wealth to the top echelon of the Upper Crust---is both overdue and unavoidable. Ever since the 1973-1975 Recession, we've had an economic/financial Crash every 7-12 years. The next one looks to be larger than any since (& including) '73-'75. There's no reason at all to believe that the Boom-Bust Cycle is suddenly going to stop. There are many reasons to believe that the next Crash will be the worst in at least the last 45 years.
Be prepared.
Not only my opinion. Be Well
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