Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

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.


© 2005-2022 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