Former presidential advisor, economist and best-selling author, James Dale Davidson, has said that the coming economic collapse is going to devastate the lives of millions of Americans.
Davidson has urged Americans to prepare themselves as soon as possible as the economy, as he puts it, is “unravelling very fast“.
Unfortunately, Davidson has a remarkable track record of calling every major economic shift over the last three decades. For example, Davidson predicted the collapse of 1999 and 2007, along with the fall of the Soviet Union and Japan’s economic downfall, to name just a few.
His predictions are so accurate, he’s been invited to shake hands and counsel the likes of former presidents Ronald Reagan and Bill Clinton — and he’s had the good fortune to befriend and convene with George Bush Sr., Steve Forbes, Donald Trump, Margaret Thatcher, Sir Roger Douglas and even Boris Yeltsin.
Hence, if Davidson calls for a 50% market correction, one should pay heed:
“I know that everywhere you turn things look pretty good. The market is near all-time highs, the dollar is strong, and real estate is booming again,” Davidson comments, “But remember, the exact same scenario played out in 1999 and 2007. The economy is unraveling right now, and fast. Very fast.”