Humans have very short memories.
Wall Street and Washington bank on (pun intended) investors/voters falling for the same lies over and over again.
Human nature never changes.
For this reason, we’re creating a Fun Fact Friday column to remind you of:
- Why history accurately shows you how the markets respond to certain conditions.
- Why you need to be “listening to the markets” and not the talking heads on TV.
- How to interpret what the markets are saying.
- What actions you should take.
First, let’s address the issue of debt.
Everyone knows our debt is out of control…but what are you doing about it to protect yourself?
Fact: In 2019 global debt rose – across ALL sectors – over $10 Trillion totaling $255 Trillion. The long version reads as follows: $255,000,000,000,000.
That’s more than 322% over the total world’s GDP (Gross Domestic Product).
Global debt is now $87,000,000,000,000 ABOVE what it was during the 2008 meltdown.
And we all know how that ended.
So, here we are, 12 years later only to find that our governments have totally destroyed the debt system with their exaggerated response to the CoronaHoax Plandemic.
The $2 Trillion CoronaFraud rescue package in March hasn’t fixed the problem. It’s only made it worse.
Too many people (anywhere from 40-50 Million) are still out of work. Neither can they pay their rent/mortgages which eventually leads to default.
Mortgage delinquencies from April 2020 – NOT including May, June, or July – are the highest they’ve been in over 21 years.
The $600 weekly unemployment benefit boost, due to expire within days, is expected to be reduced to $200 and/or adjusted lower.
Wall Street and Washington are concocting another “stimulus bill” to the tune of additional Trillions in debt.
Question: Who ends up paying for that debt?
Our debt situation is unlike anything we’ve ever seen before.
In our December 2019 newsletter we said… we’re looking at The Mother of All Financial Crisis raising its ugly head in 2020.
Back then we also told you to raise cash so you could take advantage of some of the best opportunities of your lifetime.
Wanna know what we’re saying about the second half of 2020, The Year of Chaos?
For the ridiculously low annual price of $75, we’ll show you what to expect in the Turbulent Times we’re in and how to prosper AND thrive.
Oh! By the way, after July 31st the $75 special will cease to exist.
What are you waiting for?
Dinner for two costs way more than $75.