YEAH YEAH YEAH WE HAVE HEARD THIS BEFORE
DONT DRINK THE COOLAID FRIENDS
Yes, We have all heard about the ballooning government debt in D.C. We all know that the debt ceiling will have to be raised again. But so what. The Stock Market has never been higher. Housing is recovering etc etc. OK Lets LOOK A THE WHOLE PICTURE because NOTHING has REALLY changed.
1) THE US
GOVERNMENT IS UNABLE TO SELL ITS DEBT TO OVERSEAS BUYERS. DID YOU KNOW
THAT THE CHINESE STOPPED BUYING OUR PAPER 20 MONTHS AGO AND IN FACT ARE
QUIETLY UNLOADING ALL THE DOLLARS THEY CAN AND ARE BUYING REAL FIXED
ASSETS.....EVEN OVERPAYING AND OUTBIDDING US COMPANIES FOR OIL, COPPER
FIELDS, PORTS, REAL ESTATE ETC WITH TH E 7 TRILLION IN US DOLLARS THAT
THEY HOLD.
2) DID YOU KNOW?! THE
CHINESE NOW OWN BOTH PORTS ON EITHER END OF THE PANAMA CANAL AND ARE
FINANCING THE PANAMANIANS ON THE EXPANSION OF THE CANAL TO HANDEL OIL
SUPER TANKERS
3) DID YOU KNOW
THAT YOU PAID FOR THE DISCOVERY OF THE LARGEST NEW OIL FIELDS EVER
DISCOVERED WITH KNOWN RESERVES TWICE THAT OF ARABIA OFF THE COAST OF
BRAZIL? ( 4.7 BILLION US TAX DOLLARS AS A GRANT TOP THE BRAZILIAN
GOVERNMENT) DID YOU KNOW THAT THE CHINESE CAME BEHIND US 5 MONTHS AGO
AND OUT BID US AND SIGNED 50 YEAR LEASES ON ALL THESE OIL FIELDS WITH
THE BRAZILIANS. NOW IT BECOMES CLEAR WHY THEY WANT THE PANAMA CANAL.
EH? IN CASE YOU ARE FROM MARS OR DONT KNOW YOUR GEOGRAPHY, WHICH IS
LIKELY IF YOU RECEIVED A US PUBLIC SCHOOL EDUCATION, THE SUPER TANKERS
IN THE ATLANTIC FROM THE NEW CHINESE OIL FIELDS WILL GO THROUGH THE NEW
CHINESE PANAMA CANAL INTO THE PACIFIC AND OFF TO FUEL CHINESE FACTORIES
HOMES AND CARS
4) DID YOU KNOW
OR YOU LIKELY HEARD THAT RUSSIA, INDIA, CHINA AND AUSTRALIA NO LONGER
TRADE BETWEEN THEMSELVES IN US DOLLARS ( THE CURRENCY OF INTERNATIONAL
EXCHANGE. THAT STOPPED 15 MONTHS AGO AND AUSTRALIA 3 MONTHS AGO.
THE DAY THAT THIS HAPPENS, THE US WILL HAVE TO BUY ALL OF ITS COMMODITIES ON THE INTERNATIONAL EXCHANGE IN THE NEW CURRENCY, LIKELY A BASKET OF CURRENCIES THAT INCLUDE THE REMBODO, THE YEN, THE EURO AND THE RUBLE. THAT MEANS WE HAVE TO TRADE OUR FUNNY MONEY WE HAVE BEEN PRINTING LIKE A FIEND FOR THE THE NEW CURRENCY TO BUY THINGS. WITHIN 4 WEEKS YOU WILL SEE GAS QUADRUPLE IN PRICE. YOU WILL SEE ALL IMPORTED GOODS SKYROCKET IN PRICE AND INFLATION ON THE SCALE OF ARGENTINA, VENEZUELA, AND OTHER COUNTRIES THAT HAVE FOLLOWED THE SAME PATH IN THE PAST THAT WE ARE FOLLOWING NOW. MASSIVE AND PERVASIVE INFLATION THE LIKES OF WHICH WE NAVE NEVER SEEN. IT IS COMING.
AT THE CURRENT RATE OF GOVERNMENT SPENDING, THE TOTAL INCOME IN TAXES TO THE FEDERAL GOVERNMENT WILL NOT EVEN PAY THE INTEREST ON THE NATIONAL DEBT WITHOUT A DOLLAR LEFT OVER FOR DEFENSE, GOVERNMENT OPERATIONS, MEDICARE, SOCIAL SECURITY OR ANY OTHER PROGRAM! THAT IS ONLY 16 YEARS AWAY AT THE CURRENT RATE OF SPENDING.
WAKE UP. DONT BE A DRIVE BY VOTER OR BELIEVE ALL YOU HEAR FROM THE POLITICIANS. THEY HAVE ONE GOAL. GET ELECTED. THEY WILL NOT TELL YOU THE TRUTH, THATS TO UGLY AND DONT EXPECT A BROKE GOVERNMENT TO TAKE CARE OF YOU IN THE FUTURE, RETIREMENTS FUNDS? SOCIAL SECURITY? A DREAM. MEDICARE? OBAMACARE. A WORSE PIPE DREAM THAT WILL END UP KILLING PEOPLE AND AT A HIGHER HEALTHCARE COST THAN NOW.
PREPARE FOR THE FUTURE. HOW?
THE STOCK MARKET IS PAPER. I LIKE PROPERTY
1) GET OUT OF ALL SHORT TERM DEBT. SACRIFICE YOUR STANDARD OF LIVING IF NECESSARY TO DO SO.
2) REFI YOUR HOME NOW IF YOU ARE PAYING MORE THAN 4.5 % IN INTEREST ON YOUR MORTGAGE
3) IF YOU ARE RENTING DO ALL YOU CAN TO BUY NOW AND LOCK IN ON LOW RATES. LOOK FOR LEASE DEALS WHERE THE OWNER WILL OFFER OWNER FINANCING FOR THREE TO FIVE YEARS WITH 40 % OR 30% DOWN. MANY ARE DOING THAT TO MOVE REAL ESTATE SINCE BANKS ARE ST6ILL BEING STINGY WITH LOANS,.
4) ALWAYS USE A PROFESSIONAL LIKE THE HARDCASTLE GROUP IN ALL YOUR REFI, OR SELLING OR PURCHASING NEEDS. I HAVE BEEN IN THIS BUSINESS FOR30 YEARS AND KNOW THE PITFALLS SO YOU WONT FALL INTO THEM. AND LET ME TELL YOU. SOUTH FLORIDA IS PARTICULARLY FILLED WITH CON ARTISTS, CROOKS MORE THAN HAPPY TO STEAL YOUR MONEY
