| Online: | |
| Visits: | |
| Stories: |
How to protect your finances, savings and economic future from the coming economic storm…
You’ve seen it happening all across the world: Protests, riots and even revolts due to economic upheaval. In Wisconsin, near-riots broke out over cuts that threatened worker incomes. In Egypt, the people overthrew their corrupt government that was stealing their economic productivity and suppressing their freedoms. In Libya, Iran, China and even in North America, popular uprisings are becoming increasingly common for one simple reason: The global economic crisis is now upon us.
Everywhere around the world, food prices are skyrocketing beyond the reach of ordinary families. Corn and wheat prices are at 30-year highs. Fresh water for crop irrigation is running dry in India, China and the Middle East, further increasing food prices beyond the point of affordability. On top of that, the global debt crisis continues to mount: World governments are expected to issue another $4.5 trillion in debt in the coming year — an alarming increase that simply cannot be sustained.
“The U.S. has allowed the total federal debt (including debt held by government agencies, like the Social Security fund) to balloon by 50% since 2006 to $12.3 trillion. The pain of repayment is not yet being felt, because interest rates are so low — close to 0% on short-term Treasury bills. Someday those rates are going to rise. Then the taxpayer will have the devil to pay.”
- Forbes Magazine
The runaway debt threat and why it will impact you and your family
Today, the national debt of the United States of America is larger than the entire GDP of the nation — and it’s rising by millions of dollars every minute! The pyramid of false debt that has propped up Wall Street and the world’s banksters is coming ever closer to a day of reckoning which many experts believe will see the dollar collapse, the banks implode, and prices of everyday goods skyrocket through runaway price inflation combined with dollar devaluation.
And it’s increasingly obvious to most people that this process has already begun. Oil reached $100 a barrel on February 23, 2011, and just days before that, the price of silver reached a thirty year high. The experts know that the tidal wave of debt spending and failed economic policies is fast approaching, much like a deep ocean earthquake that spawns a freak tsunami you can’t really detect until it is nearly upon you. And by then, it’s often too late.
“America is on the brink of financial collapse. Decades of political over-promising and underfunding have created a wave of debt that could swamp our already feeble economy.”
- Tom Woods, author, Rollback: Repealing Big Government
Before the Coming Fiscal Collapse
There’s good news in all this, though. There is a way to insulate yourself from the coming economic storm through the application of intelligent, practical strategies that you can learn in just a few hours.
On March 20, 2011, the Health Ranger and Robert Scott Bell co-hosted this LIVE, three-hour webcast event called “Be Prepared, Not Scared!” This event was a tremendous success and received a wave of positive feedback from those who attended. You can now access the recording of the full event (all 3 hours) which will share the steps you can take right now to help protect yourself from the unknown.
Read the full article on mydailyinformer.com
