Debt and Money are Tools.
Don’t Become Someone Else’s Tool in Life.
There’s only so much you can squeeze out of a debt cycle… we are there…
Total consumer credit (excluding mortgages) has risen from 2.6 trillion in 2008 to nearly 4 trillion today!
I am the first to admit that the FED and global central banks have done an astonishing job propping up the economy and rigging the markets since 2008.
But all stimuli are unsustainable, and the end of this current game they have been playing with the entire global economy is coming soon.
You can see it in our bond market, stock prices, and currency markets, all of which are completely dysfunctional.
Previous correlations that lasted 100 years are all broken down due to an unprecedented injection of central planners trying to manipulate 7 billion people into thinking Keynesian economics works.
This debt-fueled world is about to see a major reset, one that we are urging our subscribers to prepare for now.
With a great crisis comes a significant opportunity, however, and we always want to urge readers to be prudent first in this environment.
- Hold a significant amount of cash and some physical precious metals.
- Eliminate debt.
- Long-term investments should focus on cash flow (growing your income).
- For speculative positions, use only money you don’t need for up to 3 years and that would not harm your family’s finances if you lost it all.
- Habitually over-deliver in your work, business, or job. Your core source of income must be treated the same as your favorite investment.
Keep in mind that most Americans are literally living paycheck to paycheck, so don’t ever submit to peer pressure when it comes to spending.
You are exceptional – not the average.
Don’t ever fall into the trap of financing consumer purchases, especially something like a vehicle.
Ultimately, debt is borrowed prosperity. It’s an advance on the fruits of your labor in the future.
The moment you’re in debt, you’re someone else’s asset.
“Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” – Albert Einstein
Continue reading this letter, and let’s dramatically increase your net worth both during and after this global monetary reset that could last for years.
Legal Notice: This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.