The famed economist and bestselling author who predicted nearly every
major economic trend over the past 30 years, brings you...
Investors are right to worry. I’ve been saying for years that the greatest trigger would be the bursting of the massive, unprecedented China bubble.
Its stock market soared 159% in less than a year. It gained 30% in just two months.
Then its stocks took a nose dive, losing 35% in less than 30 days.
As far as I’m concerned, that 35% crash was very likely a sign that the stock bubble in China had peaked. As such, it has been the greatest sign – by far – that the next great global crash is imminent.
Oil prices have rallied to $64, as I said they would (my range was a recovery to between $62 and $74). Since then, prices have collapsed all the way down to $27, before rallying back to $51.
But, I expect oil to fall yet again.
This would mean death for the fracking industry, which is a $1 trillion investment with $600 billion of junk bonds and leveraged loans. That’s much larger than Greece and when defaults begin to hit, we’ll feel the pain right here at home.
The Greece catastrophe has set off the alarms in a world perceived to be risk-free, thanks to governments stimulating and guaranteeing their economies. But long-term rates for sovereign and Treasury bonds are rising despite these Government efforts, meaning…they are no longer working.
This is a crucial year in American history... perhaps the most important ever. Like 1776, 1861, 1929 and 2008, this year will mark a major turning point, as the country is finally forced to pay the price for its fiscal irresponsibility... and the crisis it causes will be bigger than any the world has ever seen.
The time to act is now. Use my report to learn:
1. When and how far the Dow will rise before plunging like never before
2. Why oil prices will send shivers throughout the world
3. When gold will lose its glitter and begin to melt down
4. Why everyone is wrong about the future of the U.S. dollar
5. What you need to do right now with all non-essential real estate
This report gives a full breakdown and analysis of the devastation this crash will have on the global economy, allowing you to fully prepare and protect your assets throughout the economic turmoil.
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Perhaps they – and now you - will be prepared for this looming collapse that will wipe out so many...
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