Best of the Week
Most Popular
1. US Housing Market Real Estate Crash The Next Shoe To Drop – Part II - Chris_Vermeulen
2.The Coronavirus Greatest Economic Depression in History? - Nadeem_Walayat
3.US Real Estate Housing Market Crash Is The Next Shoe To Drop - Chris_Vermeulen
4.Coronavirus Stock Market Trend Implications and AI Mega-trend Stocks Buying Levels - Nadeem_Walayat
5. Are Coronavirus Death Statistics Exaggerated? Worse than Seasonal Flu or Not?- Nadeem_Walayat
6.Coronavirus Stock Market Trend Implications, Global Recession and AI Stocks Buying Levels - Nadeem_Walayat
7.US Fourth Turning Accelerating Towards Debt Climax - James_Quinn
8.Dow Stock Market Trend Analysis and Forecast - Nadeem_Walayat
9.Britain's FAKE Coronavirus Death Statistics Exposed - Nadeem_Walayat
10.Commodity Markets Crash Catastrophe Charts - Rambus_Chartology
Last 7 days
The Big Short 2020 – World Pushes Credit/Investments Into Risk Again - 11th Jul 20
The Bearish Combination of Soaring Silver and Lagging GDX Miners - 11th Jul 20
Stock Market: "Relevant Waves Vs. Irrelevant News" - 10th Jul 20
Prepare for the global impact of US COVID-19 resurgence - 10th Jul 20
Golds quick price move increases the odds of a correction - 10th Jul 20
Declaring Your Independence from Currency Debasement - 10th Jul 20
Tech Stocks Trending Towards the Quantum AI EXPLOSION! - 9th Jul 20
Gold and Silver Seasonal Trend Analysis - 9th Jul 20
Facebook and IBM Tech Stocks for Machine Learning Mega-Trend Investing 2020 - 9th Jul 20
LandRover Discovery Sport Service Blues, How Long Before Oil Change is Actually Due? - 9th Jul 20
Following the Gold Stock Leaders as the Fed Prints - 9th Jul 20
Gold RESET Breakout on 10 Reasons - 9th Jul 20
Fintech facilitating huge growth in online gambling - 9th Jul 20
Online Creative Software Development Service Conceptual Approach - 9th Jul 20
Coronavirus Pandemic UK and US Second Waves, and the Influenza Doomsday Scenario - 8th Jul 20
States “On the Cusp of Losing Control” and the Impact on the Economy - 8th Jul 20
Gold During Covid-19 Pandemic and Beyond - 8th Jul 20
UK Holidays 2020 - Driving on Cornwall's Narrow Roads to Bude Caravan Holiday Resort - 8th Jul 20
Five Reasons Covid Will Change SEO - 8th Jul 20
What Makes Internet Packages Different? - 8th Jul 20
Saudi Arabia Eyes Total Dominance In Oil And Gas Markets - 7th Jul 20
These Are the Times That Call for Gold - 7th Jul 20
A Reason to be "Extra-Attentive" to Stock Market Sentiment Measures - 7th Jul 20
The Beatings Will Continue Until the Economy Improves - 6th Jul 20
The Corona Economic Depression Is Here - 6th Jul 20
Stock Market Short-term Peaking - 6th Jul 20
Gold’s Major Reversal to Create the “Handle” - 5th July 20
Gold Market Manipulation And The Federal Reserve - 5th July 20
Overclockers UK Custom Build PC Review - 1. Ordering / Stock Issues - 5th July 20
How to Bond With Your Budgie / Parakeet With Morning Song and Dance - 5th July 20
Silver Price Trend Forecast Summer 2020 - 3rd Jul 20
Silver Market Is at a Critical Juncture - 3rd Jul 20
Gold Stocks Breakout Not Confirmed Yet - 3rd Jul 20
Coronavirus Strikes Back. But Force Is Strong With Gold - 3rd Jul 20
Stock Market Russell 2000 Gaps Present Real Targets - 3rd Jul 20
Johnson & Johnson (JNJ) Big Pharma Stock for Machine Learning Life Extension Investing - 2nd Jul 20
All Eyes on Markets to Get a Refreshed Outlook - 2nd Jul 20
The Darkening Clouds on the Stock Market S&P 500 Horizon - 2nd Jul 20
US Fourth Turning Reaches Boiling Point as America Bends its Knee - 2nd Jul 20
After 2nd Quarter Economic Carnage, the Quest for Philippine Recovery - 2nd Jul 20
Gold Completes Another Washout Rotation – Here We Go - 2nd Jul 20
Roosevelt 2.0 and ‘here, hold my beer' - 2nd Jul 20
U.S. Dollar: When Almost Everyone Is Bearish... - 1st Jul 20
Politicians Prepare New Money Drops as US Dollar Weakens - 1st Jul 20
Gold Stocks Still Undervalued - 1st Jul 20
High Premiums in Physical Gold Market: Scam or Supply Crisis? - 1st Jul 20
US Stock Markets Enter Parabolic Price Move - 1st Jul 20
In The Year 2025 If Fiat Currency Can Survive - 30th Jun 20
Gold Likes the IMF Predicting a Deeper Recession - 30th Jun 20
Silver Is Still Cheap For Now - 30th Jun 20
More Stock Market Selling Ahead - 30th Jun 20
Trending Ecommerce Sites in 2020 - 30th Jun 20
Stock Market S&P 500 Approaching the Precipice - 29th Jun 20
APPLE Tech Stock for Investing to Profit from the Machine Learning Mega trend - 29th Jun 20
Student / Gamer Custom System Build June 2020 Proving Impossible - Overclockers UK - 29th Jun 20
US Dollar with Ney and Gann Angles - 29th Jun 20
Europe's Banking Sector: When (and Why) the Rout Really Began - 29th Jun 20
Will People Accept Rampant Inflation? Hell, No! - 29th Jun 20
Gold & Silver Begin The Move To New All-Time Highs - 29th Jun 20
US Stock Market Enters Parabolic Price Move – Be Prepared - 29th Jun 20
Meet BlackRock, the New Great Vampire Squid - 28th Jun 20
Stock Market S&P 500 Approaching a Defining Moment - 28th Jun 20

Market Oracle FREE Newsletter

AI Stocks 2020-2035 15 Year Trend Forecast

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.


© 2005-2019 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

6 Critical Money Making Rules