#5 - Is This Recession on Overdrive?

When I first expected a recession. I figured it would take 6-8 Months to collapse over time. Plus another 6-8 months to recover. So, in my head, I thought just like anyone else..the next recession can last 1-2 years or worse. Well, now I am having second thoughts because of the power we have from Networking and Social media. The "overdrive" we may carry now...So, could this time be different?Facebook Post: (July 19, 2019)Over 15 Million Jobs will be lostOver 4 Million Homes will be foreclosedOver 4 Million Business will be destroyedThe length will range from 18 to 22 monthsMore than 56 million Americans will be affected and living in povertyWhen the next recession comes, the robots will be ready.For humans, it’s a downturn. For machines, it’s an opportunitycompanies and businesses will take advantage and the opportunity to replace humans in every sector they can during these times....It’s cheaper labor with better consistency and higher quality...Link: https://www.facebook.com/photo.php?fbid=10156461443504562&set=a.466649554561&type=3&fref=mentions

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Charlie Mar is an American business magnate, businessman, and investor. He became a self-made millionaire by the age of 22, after being heavily influenced by stock market investors like Warren Buffet and Charlie Munger. Charlie Mar quickly adapted Value Investing, which helped build his wealth. He has now begun a podcast to share his thoughts out to the world. Listen in, and enjoy conversations about investing in the stock market, business, innovations, and philanthropy.