The US Government claims they stand for economic freedom and free markets but then over the last few weeks the world has seen their draconian actions by bailing out large financial institutions and taking their losses upon themselves and us. Billions of dollars are used to bail them out, with IOU’s in your and your future children’s names. Your children are actually born into debt; one hell of a future if you ask me!
Many people are of the opinion that the “free market has fallen” and that “capitalism is dead”. How ignorant can we be.
What is failing us is the buddy buddy corporate capitalism, also known as fascism with big companies becoming bed partners with the US government in an attempt to rob all of us of our futures.
With the USA nationalizing its financial system it is actually selling your and your children’s highly valued freedom down the river. We are told that they have no other alternative but to try and bail out our shaky financial system; otherwise it will just become worse according to them.
The problem with this whole screwed up mess is caused by the credit creation process. A magical wand is waved and money appears out of thin air. Thus creating real life debt and illusory wealth. What a nice political tool to have to your disposal when buying support. All governments across the globe are using this tool to create wealth and our misery.
The global economies can’t sustain this type of money creation and we are in for one hell of a ride of recession. This one will most likely make the 1930 recession look like child’s play.
Fannie Mae and Freddie Mac were bailed out a few weeks ago and it was thought that this would actually calm the markets and bring stability. But how wrong could they be! The very act of taking such drastic action only showed the market that the money system was in serious trouble and seriously destabilized.
My forgone conclusion? Most governments won’t be able to fix this type of broken money system without tackling the fundamental underlying issues. Creating money out of thin air will only hamper all attempts to reign in the consequences of money creation which will surely fail if not now but certainly in the near future.
The only rational solution is to let companies go bankrupt and let the natural free market go its course.
We are beginning to see a vast power shift from the west to the east. The last time this happened was after World War 2 when the British Empire had to bow to the USA. With the USA being a nation of debt we are sure to bow before China which is actually seen as a nation of credit. Is this the end of the mighty Dollar?
Now what should you do? Well follow the Money! China is scooping up all the capital and debt in the world. It is only a matter of time before China will own all of the debt in the USA and then it will be a matter of months and they will own the political power as well. The scary part is that other large countries will fall prey to the same financial ruin.
Now a good question will be: “How do I preserve my current wealth and how do I stop the government from impoverishing me?”
Now don’t you go and run to the politicians for those answers. Rather go to people who are actually making money in this world.
One such a person could be Jim Rogers. He has made it clear that the current actions of the USA government will undermine its own image as a financial powerhouse and devalue the power of the Dollar.
He further chose the Swissy(CHF) and the Renmimbi(RMB) as currencies that he would invest in. They are two different poles in the current financial situation with the CHF a very stable currency and with the RMB the next big currency. He also moved from the US to Singapore as he reckons that Asia will become the new centre of financial power and opportunity in the very near future.
Now if people that know the financial markets start moving from their own countries to other countries due to the current financial position of their own country, then you must know it is only a matter of time for the crap to hit the fan.
Another such person I would listen too is Peter Schiff who makes his money out of other currencies (not the Dollar) and especially Gold. The above mentioned gentlemen certainly make more sense than John McCain and Barack Obama!
In times as we are experiencing currently the best would be to GET yourself out of debt as quickly as possible, purchase commodities and stay out of the stock markets.
A good commodity to buy would be Gold. Gold has proven itself as a safe haven throughout history as banks are prone to fall during financial crisis as they are controlled by governments.
Gold do not depreciate in value as the paper money that comes in to existence out of thin air. Thin air money production causes heavy duty inflation and in these times you’ll be glad that gold has a glitter to it.
How do you get your hands on it? How can you
invest and make a decent profit with Gold?
Owning gold bullion is quit simple with a UK based company called Bullion Vault. They will even start you of with 1 gram of FREE Gold, which is nearly worth $30. How is that for getting something for free?
The Bullion Vault.
They offer a very sophisticated system which allows you to buy, sell and hold gold. They even have secure vaults across the world. So you don’t need to store your bullion in the USA. The other nice thing about them is that they keep your personal detail private, away from preying eyes.
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Contributor's Note
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You may use the Intel on your website as long as the links and intel are not altered.
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