At this point, society is being REARRANGED. Forget everything you know about our political, judicial, and financial systems, and the values we cherish.
Basically, discard anything you thought America stood for. America is fighting for survival. It’s a DO-OR-DIE moment and the government and the central bank are TAKING OVER everything.
I’ve already covered the fact that the Federal Reserve has lowered rates to zero. I’ve shown you the LIQUIDITY SQUEEZE that the U.S. Dollar has been in, but you’ll need to sit down for what’s coming next.
We live in a new world.
Courtesy: Zerohedge.com
In this new system, the Federal Reserve criminals are ABOUT TO begin buying corporate debt. The authorities are OUTLAWING defaults and OUTLAWING the failure of the business world, so that TAXPAYERS will be liable for EVERYTHING.
Under the guise of private enterprise and of keeping markets open, the Federal Reserve will purchase, by the time this is done, TRILLIONS OF DOLLARS in debt.
As I see it, the Federal Reserve will become the largest owner of toxic debt in history.
This is a form of communism and the panic that’s out there will allow these draconian measures to be implemented.
I’m seriously considering the ramifications of this. America is turning into Japan.
Courtesy: Zerohedge.com
This is the FIRST time you’re going to be hearing about this: MY ESTIMATE is that markets are now contemplating the risk of America going under, of the government falling apart.
Bond yields are actually going UP.
Silver Eagles are selling for $22/ounce, while the spot price is around $12/ounce. Our markets are broken.
That’s not all; not by a LONG SHOT!
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We are also hearing that the U.S. government, using TAXPAYERS’ money (whatever that means at this point), is considering BUYING STOCKS!
We are stretching the limits of what America even means. This is the worst transformation of our core ideas I’ve ever seen.
These are measures that put in jeopardy the mere meaning of PERSONAL ACCOUNTABILITY and BEING AN INDIVIDUAL.
New laws are written, as we go along.
We are creating a new society, a new global economy and a new paradigm.
Courtesy: Zerohedge.com
China’s numbers are an INDICATION of what to expect from the U.S., once the dust settles.
It looks surreal and it’s so UNFORTUNATE that we have to go through this.
In times like these, each of us must tighten the belt and be ready to be agile and flexible with anything.
It’s also a great time to renegotiate fees and expenses in your life.
All businesses are struggling, cash is KING and that presents a great opportunity to lower costs, from rents, to mortgages, insurance, education and the rest of it.
Courtesy: Zerohedge.com
We are days away from seeing the GLOBAL BANKING SYSTEM freeze; a 2008 repeat.
This will require a miracle to avoid and, worst of all, the MEDIA is the main virus here – spreading PANIC that is SO overblown that I believe people will never trust it again.
TRILLIONS have been lost. The bottom line is that we’ve lost our way.
This is precisely why I have a 2nd passport, physical metals, a cash duffle bag, whole life insurance and friends in several countries.
You need to know who to trust for accurate facts, for sound reporting and for hard evidence.
Best Regards,
Tom Beck
Research Partner, PortfolioWealthGlobal.com
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