Potential Dangers Ahead – Stay Vigilant
With Trump’s recent victory in the 2024 presidential election, many are hoping for positive change. However, we must remember that he inherits an economy marked by years of instability, escalating debt, inflation, and challenging conditions for the average American.
Financial analyst Ed Dowd recently warned that the economic challenges left by the Biden administration mean that we are far from out of the woods. This article aims to give preppers and survivalists a clear understanding of why staying prepared remains essential in these uncertain times.
Who is Ed Dowd?
Ed Dowd is a former Wall Street portfolio manager and financial analyst with extensive experience in credit and equity markets. He notably managed a $14 billion growth equity portfolio at BlackRock and is currently a founding partner at Phinance Technologies, a global macro alternative investment firm.
Dowd also authored the book “Cause Unknown: The Epidemic of Sudden Deaths in 2021 & 2022,” in which he examines public health concerns related to unexpected deaths during the pandemic. His expertise in both finance and health issues makes him a notable voice in discussions around preparedness and resilience.
A Legacy of Economic Strain
Under the previous administration, economic growth was heavily reliant on government spending and hiring, which masked deeper issues affecting everyday Americans. Dowd points out that weekly wage growth remained low, and there was significant manipulation of statistics to project an overly positive economic narrative. But with rising inflation and wage stagnation, the reality was that many families struggled financially.
Now, as Trump takes office, the economy may soon reveal cracks that have been hidden beneath the surface. Dowd calls it a “turd economy,” suggesting that the incoming administration will need to handle these challenges carefully to avoid being blamed for a potential financial downturn. For preppers and survivalists, this means that the value of financial stability and resourcefulness is at an all-time high.
The Fragile Financial Market
One major concern is the financial market, which has been propped up by high government spending but may not reflect the actual health of the economy. There is a risk that this artificial stability could lead to a market correction or even a recession, which might happen sooner rather than later. Dowd mentions that government statistics will likely reveal that a recession began this year, underscoring that the economy Trump inherits may be worse than it appears.
For those in the preparedness community, this fragile market reinforces the importance of diversifying financial assets, maintaining an emergency fund, and having plans for economic downturns. P.A.C.E. Planning is essential!
The Health Crisis Legacy and Vaccine Concerns
Beyond the economy, There are many experts talking about a lasting health crisis tied to COVID-19 and its impacts. Some suggest that excess deaths and disabilities following the pandemic may be attributed in part to complications from COVID-19 vaccines. There has been a concerning rise in sudden deaths and injuries as a potential consequence of vaccine side effects. These issues have been overlooked or minimized by government and health agencies.
For those in preparedness circles, this serves as a reminder to take personal health seriously, build medical knowledge, and maintain a stockpile of health-related supplies. Staying informed about vaccine risks, monitoring health trends, and preparing for potential health system strains may be vital in the coming years.
Staying Vigilant with Personal Protection
It is essential for us to recognize the potential risks that may threaten personal safety, regardless of who holds office. Two factors heighten the need for vigilance in personal protection.
Firstly, over the past few years, millions of illegal immigrants have entered the country. Among them, there is a concerning presence of gang members, cartel affiliates, and potential terrorists who pose a threat to public safety.
The unknown number of criminals within these groups makes personal protection and community awareness vital. It will take time to find the bad apples and deport them out of the country.
Secondly, Trump’s victory has left some elements of the far-left movement deeply unsettled. The rejection of Kamala Harris by the majority of voters may incite an increased level of discontent, especially among those already radicalized or mentally unstable.
There are individuals and groups who, in the past, have shown a willingness to take extreme actions, and some even attempted to kill President Trump. As tensions mount during his transition into office, preppers should remain mindful of the potential for politically-motivated violence in communities across the country.
Now is the time to stay vigilant and do not take your foot off the gas when it comes to preparedness. The enemies of America are not just other hostile nations.
