Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Tuesday, December 17, 2013

[GET] Surviving a Global Financial Crisis

Stock Market Wipeout… Bank Closures… Hyperinflation… Currency Collapse… Government Surveillance…


That’s because they want you to believe that everything is under control… your bank and all your savings safe and secure….


I am writing to you because I am convinced that the U.S. is now facing some of the most serious economic and political threats in its history.


While the U.S. military remains the most powerful force in the world, the most immediate threats America now faces are closer to home:


… an increasingly totalitarian government that believes in illegal surveillance of law-abiding citizens…


… older citizens no longer able to retire and live what used to be known as their "golden years.”


Fortunately, you DON’T have to just sit by and do nothing. There are simple, easy, inexpensive steps you can take right now to protect your family.


This manual is chock-full of proven strategies, techniques and information that can make all the difference in a financial emergency.


In fact, Surviving a Global Financial Crisis and Currency Collapse will actually make your life better even if, God willing, we sidestep some of the economic catastrophes that I fear are coming.


That’s because the steps you take now to prepare for some of these possible disasters will end up making you financially stronger… more independent… and more self-reliant than you are now.


You won’t find this privately printed dossier in stores. I’ve developed it exclusively for my extended family of readers, and packed it with practical, real-world strategies for coping with a financial catastrophe.


Plus, weekly breaking news updates and political commentary you won’t find in the mainstream media including…


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America’s biggest banks are running to the Federal government for emergency loans and bailouts. Hundreds of financial institutions have already gone belly up in the past two years. And hundreds more could fail in the months ahead.


Despite a $52.4 billion surplus in 2007, the FDIC’s fund is now over $7.4 billion in the hole. And at the current rate of bank failures, it could reach $100 billion in debt by 2013.


By the close of 2010, the FDIC had compiled a list of 884 problem banks. That means more than one out of every ten banks insured by the FDIC is in trouble.


So even though Washington wants you to believe everything is just fine … that the economy is well on the way to a full recovery … the truth is this problem isn’t about to fix itself anytime soon.


Some of these banks will survive. But many won’t. Experts like Zacks Investment Research predict hundreds of banks will fail in the coming years—brought down by wave after wave of commercial loan losses.


Because when your bank fails, you don’t get a courtesy call or notice in the mail. The Feds close it down without advance notice. It’s policy. You show up at the bank to make a withdrawal and the doors are locked shut.


There is usually a notice on the door instructing depositors how they can gain access to their money.


That’s what happened to depositors at Colorado National Bank in March 2009. The bank issued a notice telling depositors that their money had been transferred to Herring Bank of Amarillo, Texas.


There are usually few delays in gaining access to your money—usually but not always. And do you really want to take that chance?


When IndyMac Bank of Pasadena, Calif., failed in July 2008, the second-largest bank failure in U.S. history, angry depositors lined up around the block trying to get their money. Many were turned away.


Police threatened anxious customers to remain calm or they would be arrested. It was estimated that 10,000 depositors had as much as $1 billion in uninsured IndyMac accounts.


For American investors worried about the safety of U.S. banks, it will soon be too late to seek an alternative.


That’s because some in Congress have plans to make it virtually illegal for an American citizen to open a bank account in another country—even for legitimate business purposes.


It’s already very difficult. Many foreign banks no longer will do business with Americans due to the onerous reporting requirements of the U.S. Patriot Act.


Led by Michigan Senator Carl Levin, the Democrats believe foreign bank accounts allow ex-pats and others to avoid income taxes—at least $100 billion worth—and they are determined to collect it. In March 2009, Levin tried to impose new draconian rules to make it almost impossible for a U.S. citizen to open foreign bank accounts.


Find out more ways to survive the collapse of the banking system in your copy of Surviving a Global Financial Crisis and Currency Collapse. Order it today for just $19.95!


What worries economists is that a large number of bank failures could overwhelm the FDIC and result in significant delays for depositors in gaining access to their savings.


What’s more, widespread bank failures are quite possible. In the 1980s and 90s, more than 700 savings and loan institutions failed or were taken over by Federal regulators. The total cost to taxpayers was estimated at $130 billion.


Some depositors had to wait years to get their money. The Federal Savings and Loan Insurance Corporation (FSLIC) covered accounts up to the maximum of $50,000.


Bank officials have been informed by the Department of Homeland Security (DHS) that all safety deposit boxes will be seized in the event of a national disaster.


As occurred sporadically during the Great Depression, Federal agents will examine all safety deposit boxes and determine which items…



Surviving a Global Financial Crisis

Tuesday, December 3, 2013

[GET] Burning Your Money

Ignore this sober warning and you may as well take your savings… your retirement—and your very financial security—and KISS THEM GOODBYE.


On the other hand, if you HEED the warning on this page—and ACT on the advice I send you in my newest guide—not only will you have plenty of time to insulate your wealth…


Look, it’s no secret that our government is bleeding the single greatest gushing of red ink in history.


And no institution on earth—not the White House, not Congress… and certainly not the abomination we so politely refer to as the ‘Federal Reserve’—has the faintest hope of slowing it—let alone STOPPING it.


Despite what the Fat Cats and Bureaucrats try to tell you, the undeniable truth is that Washington has completely LOST CONTROL of the federal budget.


And far worse than that, they’re oblivious to what this means for you and me—namely, that a nightmarish wave of hyperinflation is set to demolish everything we’ve EVER worked for.


The definition of hyperinflation is "inflation that is very high or ‘out of control’, a condition in which prices increase rapidly as a currency loses its value."


This happened in Germany after World War I… when hyperinflation caused the inflation rate to swell from 300 to 800 billion percent, or 300,000,000,000% to 800,000,000,000% over a six-month period.


The value of German mortgages in 1913 was roughly $10 billion US dollars. At the height of hyperinflation in late 1923, these mortgages were only worth one US penny!


In fact, hyperinflation was so bad that workers demanded to be paid daily, or even multiple times per day, so that their wages would not be worthless at the end of the day.


When they received their pay, workers literally RAN from their jobs to the store in the hopes that their paychecks would still be enough to purchase a meal or some goods.


There are stories of people using wheelbarrows to haul enough money to buy a loaf of bread. Money was sold or traded by weight and creative minds found other uses for the money, including making clothing with it, using it for wallpaper, and stuffing it in clothing and walls for insulation.


Plus, weekly breaking news updates and political commentary you won’t find in the mainstream media including…


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Your personal information is as important to us as it is to you. We will never rent, sell or trade your personal information with anyone. You may opt-out of Liberty Alerts at anytime.


Before I tell you why China’s elite and middle classes are preparing for a hyperinflation collapse—let’s look at the "other side of the story" that no one is talking about…


For example, according to shadowstats.com—a leading producer of real and UNBIASED government statistics—the dollar has lost almost 20% of its international value just in the last 30 months or so.


In other words… it’s falling steeply in terms of how much corn, wheat, soybeans, beef, copper, silver and gold it can buy. And it’s also falling against the euro, the yen, the pound and the Swiss franc.


Think about that: For generations now, the United States has been the primary source of capital throughout the world. It was the U.S. that owned big stakes in foreign economies. So we certainly didn’t need their capital to sustain us.


Every time we run a deficit in our federal budget, our government officials must go, hat in hand, asking for money from central banks and investors in Europe… Asia… and even Latin America.


Now, after thousands of such trips, and trillions of such transactions, a significant chunk of America’s wealth has literally been sold off or thrown away.


With a country like Brazil, the foreign investor DID have a choice. Whenever he lost faith in Brazil, for whatever reason, he pulled out in a big hurry, along with countless others, sending Brazil’s financial market into periodic crashes.


This was the biggest difference that separated the U.S. from a country like Brazil—whenever Brazil slacked off or did the wrong thing, it got slapped down, hard!


And so it was that we merrily ran huge deficits and borrowed to the hilt, as if nothing was wrong. And despite it all, foreign investors continued to pour more and more money into America.


In the 1980s it was primarily the cash-rich Japanese who led the way, investing billions into U.S. stocks and bonds, helping to lift the Dow and the Treasury bond market out of their worst slumps of the postwar era.


And for much of this decade it has been India and China, with their exploding industries which thrived on U.S. consumption.


But now, after nearly three decades of massive, virtually non-stop capital flows into the U.S. from abroad… some countries are beginning to realize it was NOT such a good idea after all.


When Treasury Secretary Tim Geithner recently visited China in a rah-rah session for the dollar—their reaction was almost appalling.


In fact, while speaking to Chinese university students… he promised them that the dollars owned by their government were "very safe."


Think about that for a second… in an Asian country—where politeness, inscrutability and "saving face" are paramount—this is shocking, indeed.


Then there’s the experience of Richard Fisher, president of the Dallas Federal Reserve Bank. He recently visited China and met with government officials.


In an interview afterward, he said he was grilled about the Fed’s purchases of Treasury debt. "I must have been asked about that a hundred times in China. I was asked at every single meeting about our purchases of Treasury Notes. That seemed to be the principal preoccupation of those that were invested with their surpluses mostly in the United States."


As the British Telegraph noted, this is…



Burning Your Money