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Get Ready Now! The Next Crisis is Going to be Bad. Really Bad.
Financial Crisis Plan
“My father told me that a fool with a plan can outsmart a genius with no plan any day. I live by those words.” T. Boone Pickens
WARNING: Read every word of the Financial Crisis Plan and take massive action. Like billionaire commodity guru Jim Rogers says in the plan...“Get prepared because we’re going to have the worst economic problems we’ve had in your lifetime or my lifetime...I hope you get very worried.”
You are in a race against time.
YOU MUST REALIZE WE ARE LIVING IN A MASSIVE ECONOMIC HOUSE OF CARDS AND THERE IS A GIANT FINANCIAL HURRICANE COMING AND YOU BETTER MAKE AS MUCH MONEY AS YOU CAN, AS FAST AS YOU CAN, AND START GETTING READY NOW...!!!
If you don’t believe it then listen to what highly educated successful men have to say in this plan. Even if you have your doubts, what are you going to do if they are right? I say prepare now just in case they are right.
Beware of the Normalcy Bias
Don’t become a victim of the normalcy bias! It is extremely important you understand what the normalcy bias is. Explanation from Wikipedia...
The normalcy bias, or normality bias, is a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster and its possible effects, because it causes people to have a bias to believe that things will always function the way things normally function. This may result in situations where people fail to adequately prepare and, on a larger scale, the failure of governments to include the populace in its disaster preparations.
If you don’t have a plan you better get one fast. At the bottom is a 4-step plan you can use to prepare for the coming financial disaster. However, don’t skip to the bottom because you must understand what the experts say about the U.S. and world economy.
Doug Casey Warning
PREPARE NOW - DOUG CASEY VIDEO
DOUG CASEY VIDEO NOTES
March 21, 2017 - “We entered upon the Greater Depression. Much worse and much different than what happened in the 1930’s. Look at it as a giant financial hurricane. We entered upon the leading edge of the hurricane in 2007, 2008, 2009, and part of 2010.
“The last several years we have been going through the eye of the storm. Big storm. Big eye. Now we’re going into the trailing edge.
“Why did it get better for the last few years? Because governments have lowered interest rates to zero, and below zero in parts of the world. They have created scores of trillions in new currency units which poured oil on the financial waters.
“But that currency still exists and it’s going to come out. It’s going to evidence itself in the form of retail inflation.
“So far it’s just been inflation in the financial markets. They created a bond super bubble. A stock market bubble. A real estate bubble in a number of places in the world. The problem is if you own a pension your pension fund owns all those things. The chances are excellent your pension fund could dry up and blow away.” Doug Casey
“Throw in the law of big numbers, very big numbers, and you get to a disaster in a seemingly permanent state of making. Unfunded pension obligations have risen to $1.9 trillion from $292 billion since 2007.” (see article here)
“The amount of debt in the world has increased enormously, catastrophically. Debt is important. It’s just not an academic thing. It means some people owe that money to some other people. It’s going to be very, very hard to pay back. They have been able to do this with interest rates at all time historic low levels.
“Back in 1980-82 interest rates on government paper (t-bills, bonds) were in the 15% range. The U.S. government was paying 15%. Rates have been going down for the last 35 years and are now at historic lows.
“With all this debt and as interest rates head up again - that debt will be impossible to service.
“All that money that’s been created to buy bonds on part of the Federal Reserve and other central banks has flowed into the stock market. This is why the rich have gotten richer. Because the rich control lots of stocks and lots of bonds, which have done extremely well. The average guy doesn’t. So he’s fallen behind. In addition to the fact his wages have actually gone down.
“This has the makings of a sociological and political time bomb. This is going to be very, very ugly. It’s hold on to your hat time.
“Most people are up to their eye balls in credit card debt, and mortgage debt, and automobile debt, and student debt. What that means is the average American has been living above his means.
“In fact, the country has been living way above its means. The U.S. has been running close to a trillion dollar per year trade deficit with the rest of the world (the amount by which the cost of a country’s imports exceeds the value of its exports). But it’s a great deal for us. The U.S. prints up dollars, and ships those people dollars, and they ship us Mercedes, and Sonys, and coffee, and all those other things that are imported. But that can’t go on forever.
“The national debt and the $21 trillion dollars they talk about is only part of it. There’s all kinds of liabilities and insurance things like the FDIC and so forth, that when the economy goes down are going to be called.” Doug Casey
Right now the U.S. national debt is $21.6 trillion. The U.S. unfunded liabilities is $114.9 trillion. To give you an idea of how big a trillion is, according to NASA, 1 trillion seconds of ordinary clock time equals 31,546 years!
“I hate to sound apocalyptic, but everybody ought to have at least a couple weeks of food in their shelves. It’s going to come down eventually.
“What’s it going to look like? The value of the U.S dollar will go into free fall in the next few years. The result is very high levels of inflation. Lots of unemployment. This is very catastrophic for the average guy. The average guy has no savings at all.” Doug Casey
According to a GOBankingRates survey, 57% of Americans have less than $1,000 in their savings accounts. What's more, 39% have no savings at all.
Currently there is over 38.4 million in the U.S. living in poverty! See U.S. Debt Clock.
So what do you think will happen when you have lots of unemployment and food prices go through the roof?
“THEN IT COMES TO VIOLENCE.” Doug Casey - There will be coast to coast looting of grocery stores!
“Gold and silver are the only financial assets that are not simultaneously somebody else’s liability. So there’s going to be a panic into them. At some point soon.
“Gold within 5 years is going to triple (3x), or quadruple (4x), or quintuple (5x). Silver is going to go up 5 to 10 times.
“I expect we’ll see it (gold) well over $5,000/ounce this cycle. Silver should do even better in relative terms. And gold stocks have explosive upside.” Doug Casey
J.P. Morgan: “Gold is Money. Everything Else is Credit.”
KEEP READING. YOU MUST KNOW THIS INFORMATION.
Prepare Now Because Bad News Travels Fast
If you wait to see what happens it will be too late and you will suffer because when the next crisis begins you will not get enough advanced warning to protect yourself and family. The following will prove the event, now known as the Great Recession, unfolded quite rapidly. This is why you must get prepared now because the next crisis is predicted to be far worse!
In January of 2008 the head of the central banking system of the United States - Chairman of the Federal Reserve Ben Bernanke said...“The Federal Reserve is not currently forecasting a recession”, and as late as June 2008 said, “The risk that the economy has entered a substantial downturn appears to have diminished over the last month or so” (read more here) JUST 3 MONTHS PRIOR to the September 2008 Electronic Run On the Banks (video).
“Look, I was there when the secretary and the Chairman of the Federal Reserve came those days and talked with members of Congress about what was going on. It was about September 15. Here’s the facts, and we don’t even talk about these things.
“On Thursday, at about 11 o’clock in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States, to the tune of $550 billion: was being drawn out in a matter of an hour or two.
“The treasury opened up its window to help. They pumped $105 billion into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks.
“They decided to close the operation - close down the money accounts - and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there. That’s what actually happened.
“If they had not done that, their estimation was that by two o’clock that afternoon, 5.5 trillion dollars would have been drawn out of the money market system of the United States... would’ve collapsed the entire economy of the United States, and within 24 hours, the world economy would’ve collapsed.
“It would have been the end of our economic system and our political system as we know it.” Rep. Paul Kanjorski
PERHAPS YOU’RE THINKING THEY FIXED THE PROBLEM. NOT ACCORDING TO THE FOLLOWING HIGHLY EDUCATED SUCCESSFUL MEN. In fact, the next crisis is predicted to be far worse! Can you afford to take a chance and do nothing? What are you going to do if they are right?
Donald Trump Warning
September 26, 2016 - Like Donald Trump or not, I say put your politics aside and look at the facts - the debt numbers don’t lie (see U.S. Debt Clock).
In this short video (click here) Donald Trump is debating Hillary Clinton for the presidency of the United States and he says...“We are in a big, fat, ugly bubble and we’d better be awfully careful...”
Ron Paul Warning
January 31, 2017 - TX Representative, economist, and medical doctor Ron Paul warns...
“The Federal Reserve’s policies of printing trillions of dollars back in 08-09 have locked into place a serious financial crisis at some point in our future,” Paul stated. Going so far as to intimate the financial collapse will occur at least some time in the next two years Paul wrote, “It’s unavoidable, and even Donald Trump can’t stop it.” Ron Paul (read more here)
Alan Greenspan Warning
In the same article as Ron Paul former chairman of the Federal Reserve Alan Greenspan is predicting this crisis too...
“We are in very early days of a crisis which has got a way to go,” asserted Alan Greenspan to Bloomberg last year. “This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis - remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I’d love to find something positive to say...I don’t know how it’s going to resolve, but there’s going to be a crisis.” Alan Greenspan (read more here)
Jim Rogers Warning
February 12, 2017 - Billionaire commodity guru Jim Rogers says...
“Get prepared because we’re going to have the worst economic problems we’ve had in your lifetime or my lifetime and when that happens a lot of people are going to disappear. In 2008 Bear Stearns disappeared. Bear Stearns had been around over 90 years. Lehman Brothers disappeared. Lehman Brothers had been around over 150 years. A long, long time, a long glorious history they’ve been through wars, depression, civil war they’ve been through everything and yet they disappear. So the next time around it’s going to be worse than anything we’ve seen and a lot of institutions, people, companies even countries, certainly governments and maybe even countries are going to disappear. I hope you get very worried.” Jim Rogers (read more here)
June 9, 2017 - “In 2008, the Chinese had a lot of money saved for a rainy day. It started raining. They started spending the money. Now even the Chinese have debt, and the debt is much higher. The federal reserves, the central bank in America, the balance sheet is up over five times since 2008. It’s going to be the worst in your lifetime - my lifetime too. Be worried.” Jim Rogers (view video here)
Bill Gross Warning
March 9, 2017 - Billionaire bond expert Bill Gross ran PIMCO’s $270 billion Total Return Fund and he writes...
“While the recovery has been weak by historical standards, banks and corporations have recapitalized, job growth has been steady and importantly - at least to the Fed - markets are in record territory, suggesting happier days ahead. But our highly levered financial system is like a truckload of nitro glycerin on a bumpy road. One mistake can set off a credit implosion where holders of stocks, high yield bonds, and yes, subprime mortgages all rush to the bank to claim its one and only dollar in the vault.”
“The U.S. and indeed the global economy is walking a fine line due to increasing leverage and the potential for too high (or too low) interest rates to wreak havoc on an increasingly stressed financial system. Be more concerned about the return of your money than the return on your money in 2017 and beyond.” Bill Gross (read more here)
Ray Dalio Warning
May 12, 2017 - Financial genius Ray Dalio has a net worth of $16.8 BILLION. He is the founder of the world’s biggest hedge fund firm, Bridgewater Associates, which manages $160 billion.
Here is what Ray Dalio recently said...
“Big picture, the near term looks good and the longer term looks scary. That is because:
“1. The economy is now at or near its best, and we see no major economic risks on the horizon for the next year or two,
“2. There are significant long-term problems (e.g., high debt and non-debt obligations, limited abilities by central banks to stimulate, etc.) that are likely to create a squeeze,
“3. Social and political conflicts are near their worst for the last number of decades, and
“4. Conflicts get worse when economies worsen.”
“Downturns always come. When the next downturn comes, it’s probably going to be bad.” Ray Dalio (read more here)
The Great Reset
May 22, 2017 - “We are coming to a period I call the Great Reset. As it hits, we will have to deal, one way or another, with the largest twin bubbles in the history of the world: global debt, especially government debt, and the even larger bubble of government promises. We are talking about debt and unfunded promises to the tune of multiple hundreds of trillions of dollars - vastly larger than global GDP. We are also going to have to restructure our economies and in particular how we approach employment because of the massive technological transformation that is taking place. But let’s keep the focus for now on global debt and government promises.
“All that debt cannot be repaid under current arrangements, nor can those promises ultimately be kept. There is simply not enough money and not enough growth, and these bubbles are continuing to grow. At some point, we’re going to have to deal with these issues and restructure everything.” John Mauldin (read more here)
Mark Yusko Warning
May 25, 2017 - $3.7 billion hedge fund manager Mark Yusko warns...
“I’m telling you right now, the US is going to have a crash and it will be massive.” Mark Yusko (read more here)
Bill Gates Warning
February 28, 2018 - During a Reddit Ask Me Anything, when Gates was asked if, in the near future, the U.S. will have another crisis similar to the one in 2008, he offered a blunt response: “Yes. It is hard to say when, but this is a certainty.” Bill Gates (read more here) This warning comes from a man worth $90 billion!
Stan Druckenmiller Warning
September 28, 2018 - “We have this massive debt problem,” Druckenmiller said an interview with Kiril Sokoloff, chairman of 13D Global Strategy & Research. “We tripled down on what caused the crisis. And we tripled down on it globally.” Druckenmiller is a billionaire that built his career on trading the bonds and currency markets. (read more here)
Steps To Getting Prepared
If you prepare now with the following programs you can get rich and be safe in the coming ECONOMIC COLLAPSE.
2. Learn to trade with the Super Trader System. This is important because you can make huge profits if the markets go UP or DOWN, or if the economy is GOOD or BAD. The best and fastest way to become a millionaire trader is to learn from millionaire traders and then trade like millionaire traders.
3. Every time your trading account doubles take 20% out and start accumulating gold and silver coins and mining stocks using Coin Investment Secrets, Ocean of Gold Mining Stock Picks, and Economic Collapse Investing Wealth Prism Letter.
4. Keep the remaining 80% of your trading profits in your account and let that money compound into bigger and bigger trades.
When you have highly educated successful men, as quoted in this plan, giving you fair warning you better listen. If you wait to see what happens it will be too late and you will be sorry. The debt numbers don’t lie and the experts are warning you. Don’t risk it. Take massive action now and get prepared.
U.S. Government Required Disclaimer - Stock, futures, forex, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using this methodology or system or the information in this letter will generate profits or ensure freedom from losses.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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