Best of the Week
Most Popular
1.What Happened to the Stock Market Crash Experts Were Predicting - Sol_Palha
2.London Housing Market Property Bubble Vulnerable To Crash - GoldCore
3.The Plan to Control ALL Your Money is Now at Advanced Stage
4.Why Gold Is Set For An Epic Rally This Spring - James Burgess
5.MR ROBOT NHS Cyber Attack Hack - Why Israel, NSA, CIA and GCHQ are Culpable - Nadeem_Walayat
6.Emmanuel Macron and Banking Elite Win French Presidential Election 2017 - Nadeem_Walayat
7.Trend Lines Met, Technical's are Set - US Dollar is Ready to Rally (Elliott Wave Analysis) - Enda_Glynn
8.The Student Debt Servitude Sham - Gordon_T_Long
9.Czar Trump Fires Comey, Terminates Deep State FBI, CIA Director Next? - Nadeem_Walayat
10.UK Local Elections 2017 - Labour Blood Bath, UKIP Death, Tory June 8th Landslide - Nadeem_Walayat
Last 7 days
Rosenstein and Mueller: the Regime Change Tag-Team - 25th May 17
Stock Market Top - Are We There Yet? - 25th May 17
Should I Invest My Fortune in Gold? Inaugural Lecture by Dr Brian Lucey - 25th May 17
USD/CAD Continues Decline - 25th May 17
Bitcoin Price Goes Loco! Surges through $2,500 Despite Unclear Fork Issues - 25th May 17
The US-Saudi Arms Deal - Sordid Saudi Signals - 25th May 17
The No.1 Commodity Play In The World Today - 24th May 17
Marks and Spencer Profits Collapse, Latest Retailer Hit by Brexit Inflation Tsunami 2017 - 24th May 17
Why Online Trading Platforms Are Useful for Everyone - 24th May 17
The Stock Market Will Tank Hard - 24th May 17
It’s Better to Buy Gold & Silver When It DOESN’T Feel Good - 24th May 17
Global Warming - Saving Us From Us - 24th May 17
Stock Market Forecast for Next 3 Months - Video - 23rd May 17
Shale Oil & Gas Production Costs Spiral Higher As Monstrous Decline Rates Eat Into Cash Flows - 23rd May 17
The Only Metal Trump Wants More Than Gold - 23rd May 17
America's Southern Heritage is a Threat to the Deep State - 23rd May 17
Manchester Bombing - ISIS Islamic Terrorist Attack Attempt to Influence BrExit Election - 23rd May 17
What an America First Trade Policy Could Mean for the US Dollar - 22nd May 17
Gold and Sillver Markets - Silver Price Sharp Selloff - 22nd May - 22nd May 17
Stock Market Volatile C-Wave - 22nd May 17
Stock Market Trend Forecast and Fear Trading - 22nd May 17
US Dollar Cycle : Deep Dive - 21st May 17
Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher - 21st May 17
Stocks, Commodities and Gold Multi-Market Status - 21st May 17
Stock Market Day Trading Strategies and Brief 20th May 2017 - 21st May 17
DOW Needs to Rally Big or Correction is Next - 20th May 17
EURUSD reaches DO or DIE moment! - 20th May 17
How to Get FREE Walkers Crisps Multi-packs! £5 to £28k Pay Packet Promo - 20th May 17
UK BrExit General Election 2017 - Will Opinion Pollsters Finally Get it Right? - 19th May 17
Gold Mining Junior Stocks GDXJ 2017 Fundamentals - 19th May 17
If China Can Fund Infrastructure With Its Own Credit, So Can We - 19th May 17
Evidence That Stocks are More Overvalued than Ever - 19th May 17
Obamacare May Become Zombiecare In 2018 - 19th May 17
The End of Reflation? Implications for Gold - 19th May 17
Gold and Silver Trading Alert: New Important Technical Development - 19th May 17
Subversion And Constructive Synthesis Of Capitalism And Socialism - 18th May 17
Silver: Train Leaving Station Soon! - 18th May 17
Credit and Volatility Signal That Financial Conditions Are Very Overheated - 18th May 17
Another Stock Market "Minsky Moment" or Will the Markets Calm Down? - 18th May 17
WannaCry Ransomware Virus Is a Globalist False Flag Attack On Bitcoin - 18th May 17
Euro, Stocks, Gold Momentum Extremes All Round! - 18th May 17
US Stock Market Slumps on Establishment / CIA Trump Impeachment Coup Plan - 18th May 17
Tory Landslide, Labour Bloodbath - Will Opinion Pollsters Finally Get a UK Election Right? - 17th May 17
The stock market sectors which are breaking out in 2017 - 17th May 17
A ‘Must-See’ Chart for Gold and Silver Aficionados  - 17th May 17
Will the SPX Stock Market Final Surge Fail to Appear? - 16th May 17
Claim your FREE copy of Jim Rickards’ explosive book - 16th May 17
GOP Establishment Elite Plots Trump Removal - 16th May 17
Walkers Crisps Pay Packet Cheats, Shoplifters and Staff Conning Customers - 16th May 17

Market Oracle FREE Newsletter

Why 95% of Traders Fail

The Three most IMMINENT Economic Disasters. How to survive …

Economics / US Economy Mar 10, 2010 - 08:20 AM GMT

By: Sean_Brodrick

Economics

Best Financial Markets Analysis ArticleOf all the major disasters and threats to your security ahead — and all the major profit opportunities — three stand out as the most imminent of all:

Disaster #1: America’s Empire of Debt. If you think Americans are living a normal life, think again. Our entire consumer economy, lifestyle, livelihood — and nearly all or wealth — is predicated on one thing: DEBT.


The outstanding public debt is $12.3 TRILLION. The U.S. has a little over 307 million people. So that means every single man, woman and child in this country is responsible for $40,000 in government debt — over and above any money they have borrowed personally.

The government is now struggling to get the deficit back DOWN to $1 TRILLION dollars … and there’s little hope they’ll even accomplish that much.

Meanwhile, the public debt is increasing at a rate of $3.5 billion per day. And that’s just the public debt. Consumer and corporate debt add trillions more!

The Good-Time Charlies in Washington would have you think this party can continue forever. But now the bill is coming due, and the longer we put it off, the worse it gets.

How will it end? Only two scenarios are possible:

  • Washington will slash spending to the bone (and raise taxes till), sinking our economy into a depression. Or …
  • Washington will DESTROY the value of our money.

Except for a handful of Pollyannas with their heads in the sand, few experts think there’s any other alternative. For citizens and investors who are unprepared, it will be an unmitigated disaster lasting for many years. For those who ARE prepared, it could be the opportunity of a lifetime.

Disaster #2: Peak Oil Is Rushing Toward Us Like a Runaway Train. The only reason oil prices aren’t higher right now is because of weakness in the U.S. and European economies.

Meanwhile, however, the two most populous countries in the world — China and India — are adding to their fuel demand at a rip-roaring pace.

In response, oil companies are now putting drills down 4,000 feet in the Gulf of Mexico to then drill through 35,000 feet of rock. These wells are deeper than Mount Everest is tall! They aren’t doing this because it’s fun. They’re doing it because it’s the only oil they can find! And one thing you can count on — it won’t be cheap oil!

How will it end? Potentially in an oil crisis that sends the U.S. deeper into an economic tailspin — dramatically changing the way we live, while creating enormous opportunities for those who invest in the right solutions.

Disaster #3: Water Is the Quiet Emergency That Could Shape the 21st Century. For most Americans, water is less expensive each month than cable television or having a cell phone. So they barely think about it.

Not so for most of the rest of the world! The World Bank reports that 80 countries now have water shortages that threaten health and economies while 40% of the world — more than 2 billion people — have NO access to clean water or sanitation.

Heck, even in the U.S., most local water systems are old and in desperate need of upgrades, with legal battles heating up over water rights across the country.

The key: Sure, you can substitute various alternate fuels for fossil fuels like crude oil. BUT THERE IS NO SUBSTITUTE FOR WATER! This is a crisis that is spinning out of control around the world.

How will it end? Most people would not be able to handle a water emergency. If droughts worsen, we could see people forcibly relocated from cities and areas that just can’t support their populations. Meanwhile, companies that can provide real solutions will soar in value.

What To Do Now

In my book, The Ultimate Suburban Survivalist Guide, I give you a practical, reasonable, step-by-step guide on precisely how to prepare — when, where and how.

One Amazon reviewer writes: “I normally shy away from anything with’survivalist’ in the title, but after skimming the introduction of Brodrick’s Ultimate Suburban Survivalist Guide I was hooked. The author offers tons of practical advice in an easy-to-follow format and avoids the Chicken Little approach … the sky may well be falling sometime soon, but anyone who reads Brodrick’s book will be prepared.”

Another says: “If you don’t read this book, hope your neighbor did! I’ve doubled my knowledge, which I thought was pretty extensive.”

A third writes: “Brilliant crisis preparedness book — probably the best as of 2010. The author does a splendid job of covering big economic trends and financial advice, combined with more traditional survival topics. Each chapter has a handy’least you can do’ checklist at the end.”

If you wish, you can order The Ultimate Suburban Survivalist Guide now at any of the major online booksellers. Just click on your choice of Amazon, Barnes & Noble, Borders, or Books-A-Million. They all have the book in stock. And they can ship it to you immediately.

Then, while you’re waiting for the book to arrive, here’s what I recommend you start thinking about:

PLAN: Plan for the three most probable and imminent disasters facing the entire world today. Recognize that, unlike fire, flood, and earthquakes that no one can predict, these ARE predictable. And they are likely to strike globally!

PREPARE AHEAD OF TIME: People who get scared can panic, and people who panic can not only make fatal mistakes, but wind up spending too much money. Once you identify what you need to do, find solutions that won’t cost you an arm and a leg. A big part of my book is about how to save money in your everyday life, and how to spend that money wisely to prepare for the worst.

BE PROACTIVE: If a financial crisis or other disaster causes disruptions in your town, what are you going to do? What about if the lights go out and don’t come back on … or the water stops coming out of your faucets? You have to be ready to act and act decisively no matter what comes your way.

TURN LEMONS INTO LEMONADE: History proves that each and every natural or man-made disaster is a double-edged sword: It delivers losses and hardships to the unprepared but amazing opportunities to those who are ready. Follow my instructions, and you will not only help your fellow citizens out of trouble, but you could be a trailblazer in building your wealth.

I write to you with a great sense of urgency — there is a tsunami of trouble headed our way. Indeed, to AVOID the most imminent and probable disasters ahead, our country would have to beat enormous odds.

But don’t fret. In my book, I don’t tell you to uproot your life. I show you how to save money. And I show you how to make money!

Order at Amazon, Barnes & Noble, Borders, or Books-A-Million. Then, let me know what you think.

Sincerely,

Sean Brodrick, Author, The Ultimate Suburban Survivalist Guide

This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com.


© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife