Ford is in trouble. Buy Crypto's now!

What does Ford Motor company have to do with Crypto Currencies? I will explain the connection in this article.

Ford sales are slipping. They are not alone. Most all auto manufacturers are struggling with sluggish sales. The head of Ford Motor Company's finance department just announced that they are lowering their credit standards for new car purchases. Sales have slowed down and car inventories are pilling up at the dealers. They want to lower credit standards for those who have not established credit yet and perhaps have a low credit score (sub 550). This, however, is a risky move since they already have written off $82 million in US consumer bad loans and leases in the second quarter, up 30% on a year over year basis.

The auto industry is one of the "Canary in the Coal Mine" to gauge how our economy is doing. If the auto industry sneezes than the Nation's economy catches a cold. Well the auto industry is doing more than sneezing. The economy is and has been in trouble since the fall of 2007. We have never really left the great recession of 2008. Oh, yes, the government may have massaged the numbers to make it look like unemployment and inflation are down but they are not.

We are in for huge economic and social problems ahead. Mathematically their is no way out of the national and personal debt that has been racked up. The only way to survive what is coming is to diversify out of Fiat currencies. Crypto currencies are the best life line we have at present. Physical metals will have their day in the future, but the powers to be are still successful in suppressing those markets. The corrupt system is having a hard time corrupting or manipulating crypto's because of how they are designed.

Most of us know by now that the blockchain is decentralized and honest (uses public ledgers). Crypto currencies can not be inflated and printed into oblivion. Most crypto's are in fact deflationary meaning they have no choice but to go up in value over time. What a difference than the global Fiat currency system we have now.

Seeing the auto industry struggling, pensions going broke, states bankrupt (like Illinois) and the home real estate bubble beginning to pop, we need a place to run for safety. Crypto currencies is that place of safety. Anyone can participate, even if you do not have much money. Do your research and buy and hold. The longer we hold crypto currencies or tokens the more wealth we will build over time. The speed at which crypto's are growing, we will not even have to wait 10 to 20 years to build wealth. Wealth will be built within 5 years. Yes, within 5 years, even those investing less than $1000.00 will see tremendous profits.