J Scott: We Have 1-2 Months Before the Economy Begins to Break

The next global recession is a lot closer than many Americans think. We’ve been (fairly) insulated from supply chain shocks stemming from the War in Iran, but within the next few months, things will begin to break. Oil reserves could run dry, energy costs could spike, and a new age of inflation could hit Americans in a way many of us are not prepared for. 

In other words: We’re a bit screwed…at least temporarily. The question is, how long do we have? 

There’s no one else but J Scott that we’d invite on to answer this question. J, aside from being one of the most principled real estate investors over the last two decades, is a student of the global economy, arguably more up to date on inflation, energy prices, and the effects to come than anyone else we know. 

J recently mentioned on a podcast that “we’re screwed”...just using a bit harsher language. Today, we’re asking “why?” and going over the delayed economic shocks that could be hitting us soon, the domino effect of ships being stalled at the Strait of Hormuz, whether or not this will impact the U.S. housing market, and what J is doing to protect himself right now. 

In This Episode We Cover

Why we may be closer to a global recession than most Americans think

What happens when the U.S. depletes its emergency oil reserves?

What’s truly causing inflation more than supply-strained commodities

How the housing market (home prices) will be affected if we slip into a recession

The countdown until the oil crisis begins to hit Americans…hard

And So Much More!

Links from the Show

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On the Market 431 - The “Engine” of the U.S. Economy is Starting to Crack (It Will Affect Housing)

On the Market  413 - Real Estate Isn’t as Safe From Inflation as You Think

Connect with J

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