We are past a Recession! | Economic Depression Explained and What to do About it!

It is pretty clear that we will be in a recession but how bad will the recession actually be? In this video we talk about Recession versus Depression, what factors contribute to both, explaining what an economic depression is, what I think we are headed towards, and what one thing will really make all of this irrelevant! So is there an economic collapse coming in 2020? Some say that things might get real after the presidential elections, and while I think that sounds possible, we really don't know! Timing it is irrelevant when you aren't prepared. Focus on getting your financial house in order and keeping an eye on your community, what is going on, and always do your own research so you know you aren't blindly believing anyone (including me!). Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com 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!*