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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Andrew Hoffman
Miles Franklin
In the below article, Zero Hedge published one of the most alarming – and damning – charts imaginable, regarding the outlook for the dying American “empire”…
The Great Unrotation in US GDP
Specifically, it plots the U.S. 10-year Treasury yield against nominal GDP over the past 53 years; depicting a peak in “nominal GDP” during the nation’s most poignant inflation spike since the Civil War (in 1979); and in 10-year Treasury yields a year later…
[...] Since then, the nation’s economic undulations produced a choppy data series; with the worst declines occurring in the early 1980s – following said inflation spike; the early 1990s, following Bush I’s “read my lips, no new taxes” proclamation; the early 2000s’ “tech wreck”; and, of course, 2008’s Global Meltdown I.
Continue Reading at MilesFranklin.com…
2013-04-22 18:15:49
Source: http://silveristhenew.com/2013/04/22/declining-empires-diminishing-returns-and-economic-inertia-2/