LOOMING CRISIS IS INFINITELY MORE DANGEROUS THAN 2008 “DRESS REHEARSAL”


WARNING: THE FOLLOWING PRESENTATION IS
CONTROVERSIAL AND MAY BE OFFENSIVE TO SOME AUDIENCES

Economic prognosticator Porter Stansberry is making his biggest prediction yet.

This has nothing to do with the stock market… but these events could change your life in a dramatic way, literally overnight.

“The same financial problems I’ve been tracking from bank to bank, from company to company for the last five years have now found their way into the U.S. Treasury. I’ll explain how this came to be. What it means is critically important to you and every American… ”

Stansberry, a financial researcher and expert in “forensic” accounting, called the last crisis in 2008 earlier and arguably more accurately than any other analyst worldwide. He produces an excellent newsletter which in my opinion ranks among the “great ones” such as Richard Russell and Doug Casey. No doubt this piece is a “teaser” for new subscribers, but this shouldn’t stop you from hearing what Porter has to say :


“The next phase in this crisis will threaten our very way of life.  The savings of millions will be wiped out. This disaster will change your business and your work. It will dramatically affect your savings accounts, investments, and retirement.

It will change everything about your normal way of life: where you vacation… where you send you kids or grandkids to school… how and where you shop… the way you protect your family and home.  I’ll explain how I know these events are about to happen. You can decide for yourself if I’m full of hot air. As for me, I’m more certain about this looming crisis than I’ve been about anything else in my life.”

 

I’m posting this because I think this is critically important. It affects or will soon have an impact on YOU and everyone you love or are responsible for. 

EVERYONE IS ENTITLED TO HIS OWN OPINION, BUT EVERYONE IS NOT ENTITLED TO HIS OWN FACTS.

I know from countless discussions with friends and associates that Americans are woefully ignorant of the FACTS of our current situation.  We are out of road and there’s a cliff directly ahead of us.  Miracles do happen, but no sane person would fail to think deeply about what happens if they were forced to jump without having taken the time to find a “parachute”. You can hope for the best but planning is worthless unless done ahead of time. Do not be a victim of “Normalcy Bias”. Don’t stick your head in the sand

 WATCH the presentation here

 

http://www.stansberryresearch.com/pro/1011PSIENDVD/EPSILC07/PR?o=219686&s=222203&u=51794568&l=191138&r=Milo

 

or READ the entire release HERE:

http://www.stansberryresearch.com/pro/1011PSIEND49/EPSILC19/PR

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About Surfing The New Normal

A blog dedicated to exploring new ways of thinking that lead to success in business and in life, & creating the person you really want to be. We apologize in advance for anyone we inadvertently or purposely offend and would like to take this opportunity to emphasize the importance of keeping a good sense-of-humor and an open mind. Enjoy. "You have to be able to risk your identity for a bigger future than the present you are living." ~Fernando Flores "I am actually a paranoid in reverse. I suspect that people are secretly plotting to make me happy." ~J. D. Salinger "You have to create your life. You have to carve it, like a sculpture." -William Shatner "The only reason they come to see me is that I know that life is great- and they know I know it." ~Clark Gable
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2 Responses to LOOMING CRISIS IS INFINITELY MORE DANGEROUS THAN 2008 “DRESS REHEARSAL”

  1. Huntsberger says:

    Related: THIS IS A MUST READ! (recommended by Barry Ritholtz)
    “I’m going to take what many in this room may see as a radical point of view — that our almost 40 year-old global monetary system has already been irreparably harmed, and that it’s well on its way to being replaced.”

    Paul Brodsky’s comments delivered to:
    The BCA Fall Investment Conference
    The Plaza Grand Ballroom, New York

    read this:
    http://www.ritholtz.com/blog/2010/11/brodsky-on-gold/

  2. Pingback: LOOMING CRISIS IS INFINITELY MORE DANGEROUS THAN 2008 “DRESS REHEARSAL” (via Surfing the New Normal) « Get "fit for randomness" [with Ontonix UK]

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