Thursday October 29, 2009
5:30ish to 8:00 pm
Panera Bread
28551 Schoolcraft Road
Livonia, Michigan
Discussing chapter 12 of America's Great Depression and Jack Spirko's Survival Podcast #293 - Economic Forecast.
http://www.thesurvivalpodcast.com/episode-293-economic-forecast-10-08-09
Episode-293- Economic Forecast 10-08-09
So today we are going to discuss my view of what we can expect from the economy in the next few years and what we can do to prepare for it. I will tell you why I think 2010 is actually going to look pretty decent and on the other side why you shouldn’t take that much comfor in it. Then next week we will take a day to compare my view to the view of many of the experts such as Jim Rodgers and Gerald Celente.
Tune in today to hear…
- Why I think we are about to see a fake recovery followed by a bigger crash
- The stimulus doesn’t kick in until 2010, how it will succeed and how it will fail
- Unemployment is “bottoming” the truth and the lies about that statement
- This coming bubble and collapse is planned, I will explain why there is no other option then this one
- Credit cards can’t fix a debt problem and how that relates to our national deficit
- How the impact of Health Care won’t be seen until late 2011 perhaps longer and the disaster it will create
- The coming 1.5 Trillion Dollar tax increase from the administration that promised not to do it
- How high taxes reduce the amount of tax government collects and what it does to the economy
- Why inflation looks like recovery at the beginning
- Why you need to own at least some silver and or gold
- Land is cheap, go make a low ball offer while you can
- Store food, build your own grocery store at home
- Spend smart don’t horde money, balance your assets
- Place priority of spending on assets with long term value
- Keep some cash, don’t believe the lies about putting all cash into gold right now
- Debt is evil, always in good times and bad
- Never be 100% invested in any item or investment type
- Do not liquidate IRAs and 401ks modify their portfolios but leave the money in the vehicles
- Above all never “freak out”, make smart and strategic spending and saving decision you do have time to act, don’t panic and react to swiftly to concerns
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