This new video takes an “Economics 101” approach to explaining our current economic situation. It is made simple enough for anyone to follow and is a good tool for teaching economic newbies why we are in a precarious “catch 22” position that is bound to end up very badly. The severity of this situation became even more clear last night when President Obama admitting to the world that the United States is facing a default on its debt obligations. In other words, the U.S. is broke and will not be able to pay back its loans. There is a massive readjustment coming as the world reserve currency and largest economic center nears closer to collapse.
I have created a “Common Sense Guide to Preparing for Crisis” which is available to all premium members. It is a 9-page guide in PDF format that breaks down why I believe a crash is coming and lists 10 essential steps that everyone should take before it happens. These 10 steps include links to online sites where you can secure the necessary items to become self-sufficient and prepare yourself to ride out any potential storm that may hit. This is not about being a doomsayer or negative person. It is about being smart and prepared.
Sign up for the Premium Membership here for just $35 and you will gain access to this invaluable guide, the GSB model portfolio, my highly-rated monthly newsletter, email trade alerts and much more.