It's Official - America Is In A Recession...

????Subscribe to our FREE Finance & Business Newsletter???? Financial News You Can Finally Use: http://bit.ly/M2FreeNewsletter The United States is officially in a recession. However, this isn't really breaking news. We've known that we're in a slowing economy, the bigger question is how long the economy will stay slow Subscribe To Our Channel: http://bit.ly/M2YouTube Recommended: How Our Credit Based Economy Works: https://youtu.be/QPfgaMc5lQQ Investing Your Money: https://www.youtube.com/watch?v=U7tJn4qv8Lk&list=PLKsS_EjCEmdojUw_JdJgLKkyPiGJphcmK Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef It's Official: America Is In A Recession... 0:25 - What defines a recession and why the NBER - National Bureau of Economic Research declared we are in a recession in record time 2:30 - What is fueling our recession 3:36 - How the stock market doesn’t always move in line with the economy 5:00 - What to expect ahead in the economy 7:00 - Our economy runs on spending and credit and when we are in a recession, spending slows down 8:23 - Why cutting interest rates isn’t as effective as it has been in the past 9:40 - The risk of hyperinflation if too much money is printed which is why investors are buying more gold and commodities What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people. #MIH #GetMoneySmart Check out some of our recommended products! Please note: some of the links are from our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- ➤ Real Estate Investing Online 1) ???? Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- ➤ Best Online Savings Account 2) ???? CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- ➤ Active Stock Market Investing 3) ???? Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- ➤ Passive Stock Market Investing 4) ???? M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically: https://bit.ly/M1FinanceStocks ---------- ➤ Loans & Refinancing 5) ???? Credible - Get the lowest interest rates possible on your loans - see how much you can save: Student Loan Refinance: https://bit.ly/m2RefinanceLoan Mortgage Refinance: https://bit.ly/MortgageRefiCredible Getting A New Mortgage: https://bit.ly/MortgagePurchaseCredible *Credible NMLS ID# 1681276 ---------- ➤ Home & Life Insurance 6) ???? Policygenius - make sure your family is protected with life insurance & home insurance. Policygenius will find you the best deal at no cost to you: Get a free life insurance quote: http://bit.ly/PolicyGenius Get a free home insurance quote: https://bit.ly/m2HomeInsurance ---------- ➤ Car Insurance 7) ???? CarInsurance.com - See how much you can save on your car insurance with a free quote: https://bit.ly/m2carinsurance ---------- ➤ Credit Cards 8) ???? Credit cards are great if you know how to use them the right way. Here's a breakdown of our favorite cards: Best cash back credit cards: https://theminoritymindset.com/best-cash-back-credit-card-personal/ Best travel credit cards: https://theminoritymindset.com/travel-credit-card/ Best business credit cards: https://theminoritymindset.com/business-credit-card/ https://bit.ly/m2carinsurance ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/y30kvuNNF-k Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.