Next Bubble and what can be done
Dear Reader,
Sitting right in front of us is the fattest, juiciest financial bubble that’s ever existed. When a pin hits that bubble, we’ll experience fallout like we’ve never seen before...
Violent 500-point daily moves up and down in the markets will be the “new normal.” Governments around the world will be called into question. Certain currencies will die. A lot of people will lose a lot of money. Social unrest will occur — maybe outside your front door.
Things you never imagined would happen may, indeed, happen...
Hello, I’m Bill Bonner. I’m the founder and chairman of Agora Publishing.
For over 30 years now, we’ve helped millions of people — from nearly every single country in the world — sidestep financial scams, traps and bubbles. Not only that, but we’ve shown them specific ideas for actually growing wealthy during uncertain times.
We’ve written New York Times best-selling books warning readers of the housing and currency crises. We’ve published over 55 financial newsletters showing readers specific ways to profit from gold, stocks, bonds and options. And we’ve hosted dozens of conferences around the world, bringing the world’s best financial thinkers and readers together to share their unique viewpoints on the world.
But that’s not why I created this short presentation for you today. Instead, I want to warn you of an enormous financial bubble that we’ve been watching for years. As you’ll see, it’s a bubble that’s just now starting to pop.
But even more than the warning, I want to introduce you to a colleague of mine who has developed an unusual, but very innovative, plan that may help you sidestep this new crisis.
Don’t worry... this plan isn’t about hoarding food, buying or maintaining a farm or joining any organized rally.
Instead, in one groundbreaking package, he’s found a way to alert you early to the major wealth-threatening and wealth-building trends... to offer you the freedom of turning off the nightly financial news... and to give you the confidence not to have to rely on others for moneymaking advice.
But before we get to his plan, it’s important that you understand the urgency of the crisis itself...
As I mentioned earlier, the fattest financial bubble the world has ever seen is about to pop. This bubble has created an enormous illusion of wealth. It’s allowed governments to create and sustain wars they can’t afford. It’s allowed people to buy fancy gadgets that their salaries alone couldn’t pay for.
When this new bubble bursts, it will change everything...
Thousands of pension and hedge fund managers will be thrown out on the street, forced to look for the next big thing. Small businesses will lose access to the vital credit markets, sending unemployment even higher. Central banks will do all types of dumb things to “save” the system. Governments and paper currencies will be called into question. Stocks will go wild. Retirement accounts will be destroyed.
We know with no certainty when this will happen. We have no crystal ball. But our guess is that when the history of the early 21st-century economy is finally written, the bursting of this financial bubble will have a special “tipping point” chapter — like the Hindenburg in the history of the zeppelin business or Little Bighorn in the life of Gen. George Armstrong Custer.
The recent extreme volatility in the stock market gives us a clue that we’re just now hearing popping sounds. Consider this...
In 2012 alone, the major governments around the world have $8 trillion in debt and interest coming due — a number so large that the average man on the street can’t possibly wrap his head around it...
It’s an amount so large that you could completely buy every single company on the Toronto Stock Exchange... pay a year's worth of the mortgage of every homeowner in America... repurchase every home that was foreclosed on in 2007 and 2008... and still not even be halfway to $8 trillion.
Here’s another way to think about it...
You already know what $100 looks like. Now here’s what a million dollars’ worth of $100 bills looks like. Here’s $1 billion. And finally, here’s a visualization of $1 trillion.
Multiply this by eight and you have the amount that major governments need to find a way to “roll over.” Worse still, that figure doesn’t count any new spending these governments do.
These mind-boggling figures are just one ingredient that’s been inflating this massive financial bubble.
Most people will be caught completely off-guard as this bubble begins to pop. They’ll be left looking in the rearview mirror, wondering why their retirement accounts have been cut in half. They’ll be angry when they lose their jobs. They’ll wonder why their money no longer buys things at reasonable prices.
You don’t have to suffer with everyone else. If you have a plan, I believe you’ll get through this crisis intact.
Remember, historic times — like these, with the financial bubble in the making we’re watching and waiting to see pop — call for historic and extreme measures.
If you understand the course of financial history, then you know that real fortunes can be made during times like these.
But you must have a plan. That’s where we can help...
At this point, I’d like to hand off the presentation to my longtime friend, Daily Reckoning co-creator, and co-author of our two New York Times best-selling financial forecast books, Addison Wiggin. He’ll walk you through the plan, step by step...
If nothing else, what he’ll show you will open your eyes to a radically new way to think about generating wealth. After his presentation, you’ll have the power and confidence to control your own future — just at the point when millions of others will likely suffer.
You’re in good hands. I promise you that...
Sincerely,
Bill Bonner,
Founder, Agora Publishing
AI
