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If you're not a member, perhaps what
I have to say will give you cause to reconsider.
This last week has seen a global stock market sell-off
not seen since 1987. And by the time you read this it
could have fallen even further.
In fact, it will likely continue to fall.
A valid question is - "Why is the situation getting
worse, when the governments of the world are doing
so much to restore confidence?"
The fact the markets continue to retreat means they
do not believe the moves by governments to be sufficient
to prevent a full-blown recession.
The markets are smart. Unlike politicians, who believe
they can fix things by throwing other people's money
around, the market knows this strategy will not fix
anything.
What is happening is a result of easy credit - and
a policy of state-control of interest rates. The
solution is NOT to throw more easy money at the problem.
But enough of that. What does all this mean for you?
Here's how I see it:
1. All this money (debt) has to be paid back somehow.
Government has no money of its own - so it's to be
paid back either via taxation, or by simply printing
more money. My guess is that the cost of these bailouts
will be met by inflating the money supply. That means
down the track, we are faced with a potential massive
inflation - i.e. the devaluation of the dollars you
are currently holding. A silent theft of your savings.
2. The financial collapses all around us are starting
to impact on the REAL economy - with even old war
horses like General Motors on the rocks. As the finance
industry goes through turmoil, so must the manufacturing
sector. That means job losses. If you depend on a
company paying you money (a job), then be aware your
job is potentially on the line.
3. After the 1987 stock market crash, there was a time
delay between that and the real estate crash. I recall
it well, I was in New Zealand at the time and my house
fell 20% in value - flowing on from the '87 stock market
crash. Expect the same this time.
The stock market is very LIQUID, meaning sellers can quit the market instantly - at the current market price. Housing is different. You cannot simply put your house on the market today, and sell it by this evening - not unless you are willing to make it a real bargain.
Because of this difference in liquidity, real estate follows the stock market - but delayed, after some time has passed.
Prepare for the value of your house to fall.
4. As people realise the trouble we're in, they will
stop spending as much. This reduced spending will impact
on all forms of retail business, and the manufactures
that supply them - leading ultimately to job losses
again.
5. As the governments of the world make the situation
worse, they will likely come up with "worse and worse"
solutions - like potential price controls where inflation is taking hold. It's a truism to say that one government blunder leads to another - with the state dreaming up ever more draconian responses. This is likely to impact on what little freedoms you have already.
Price controls, capital flow controls and the like are all very possible.
What does all this mean? It means the things you take
for granted - your job, your savings, your house, your
freedoms - are all up for grabs, as a result of the
state stepping more and more into your life.
There is only one way I know of to mitigate such things.
That's to get smart yourself - to become informed as
to what is happening, and how best to protect yourself
and your assets. Do not rely on the government. When
push comes to shove, they will willingly debase your
savings, allow your house value to fall, watch while
you lose your job, and even put you in prison if you
protest too much.
The time to take action is BEFORE any such things
take place. If you are getting your news and opinions
from the mainstream media, and you believe it all, then
you really do need to step outside.
SovereignLife is a private club. It offers a "safehaven"
for freedom-loving individuals. It offers a brains trust
of smart people doing what is best - protecting what
is theirs, and sharing their strategies and resources.
As a member of SovereignLife, you are positioned to
know a lot more than your average "Joe", and can benefit
from the "mastermind" effect of mixing with the right
people.
Yes, there are things you can do to soften the blows
that are coming. There are things you can do to be
prepared rather that surprised. And there's things you
can do to benefit from all of this. For remember, in
crisis there is also opportunity - if you know where
to look, and how to act.
And if that sounds like something you'd like to be
part of, then I invite you to join the other 2,398
people from all over the English-speaking world, who
have decided to call SovereignLife their "freedom home".
You can easily join us. An annual membership is $87.
And we also offer a special Lifetime membership (with
additional privileges and bonuses) for $187. You can
pay with any credit card, PayPal - or even SolidTrustPay.
Certainly, it would be great to welcome you to our
alternative freedom community.
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