The market is about to commit the greatest heist of all time…sending us into a deflationary bust. The alarms are sounding, but people have stopped listening.
The Banking Royal Commission has shone a very bright light on this lopsided arrangement called Vertical Integration.
Barely anyone questions why inflation is supposedly good for us. Yet, when asked if inflation is good, they all nod like one of those toy dogs.
The answer to the ‘crash’ question is unequivocal. ‘Yes. Absolutely. There is no doubt that’s going to happen.’ Why? Because booms are always, always, always followed by busts.
All the ‘good’ news on why the market will once again resume its upward trajectory is nothing but ‘spin’…not the sort of credible information you would want to bet your retirement savings on.
The investment industry would have you believe that ‘time’, rather than ‘timing’, is the secret to investment success. The industry message is one of ‘stay and never go’. That’s a narrative that suits their agenda…
If you wish to be proactive and look to take control of your destiny before, and not after, the event, then here’s a brief summary of what to consider when investing in self-managed super funds.
The ‘official’ spin paints a picture of an economy enjoying relatively good health, when the reality is quite the opposite. We’re bloated with debt. That’s the truth behind our economic ‘successes’.
The Fed is at least trying to build a buffer for the coming deflationary crisis…but Japan and Europe have hardly moved from zero. Neither of them have anything to cut next time.
As usual in a booming market, investors lose peripheral vision. The focus is solely on one thing and one thing only…the offer of higher returns.
These inflated assets all have one thing in common…they’re united by debt. In due course, market forces will succeed in correcting the excesses of the past decade.
Without the ability of working households to borrow (significantly) more and for retired households to spend more, the Ponzi scheme collapses. The real lie we’ve been living will be exposed with a credit crisis of…
From both a statistical and political viewpoint, it appears that the ability to expand the base of the Ponzi scheme (in sufficient numbers) is rather limited.
Our banks spend millions on PR to convince us that they’re good corporate citizens. The veil on that deception has been well and truly lifted in recent months. The art of illusion and deception.
Borrowers who were given interest-only loans — to make repayments easier to manage — are facing the prospect of having the loans converted to P&I (principal and interest) over the next 12 months.