Wednesday, October 21, 2009

Next Meeting - Thursday 10/20/09

Meetings have currently been switched to every other Thursday. So the next meeting is scheduled for:

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.
icon for podpress Episode-293- Economic Forecast 10-08-09 [51:04m]: Hide Player | Play in Popup | Download

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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