There is a lot of talk about a second wave of coronavirus which would lead to a second shut down and I want to discuss the dangers of closing down the economy yet again which can ultimately lead to even worse effects in the long run. We will talk about the effects of increased unemployment claims, the impact of the extra money printing needed to fund all the extra stimulus that they will have to give out while everyone "self isolates" and of course, how it will all effect us. Regardless of Joe Biden's claim that his tax plan will only affect people making around $400k, most taxes always end up starting at a certain income amount and then slowly (but surely) making its way down to everyone. I don't anticipate this being any different as the debt has now grown dramatically and there doesn't seem to be any plans on slowing down. Between food shortages, the national debt going hyperbolic, and more and more stimulus checks and moratoriums, we have a cocktail for disaster in the near future and this is all before the second wave! Another shut down can push us back for years and with the numbers the government has been giving us with this pandemic, it seems like a lot of effort for a small percentage of people. Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com For donations: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*

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