Expert: Has The Next Financial Crisis Already Begun?
by Weiss Ratings
The early stages of what will be the most severe and painful financial crisis in U.S. history is now underway.
That’s according to a top analyst with The Edelson Institute — the financial think-tank with a remarkably accurate track record for calling major economic shifts.
They called the gold rally in 1999 (before the metal soared 533%) and the top of the gold market in September of 2011.
They also called the stock market crash in 1987 as well as the real estate crash in 2007.
Their secret to spotting major reversals ahead of the crowd is a proven system that was developed by a little-known presidential advisor after the Great Depression. It has since predicted every major market move for the last 50 years with incredible accuracy.
And today it’s foreshadowing one of the worst financial crises we’ve ever seen. The Dow’s recent 2,000-point plunge was just a taste of what lies ahead.
No fewer than three of the most powerful economic waves in existence are now converging in a way that hasn’t been seen since 1929.
And they are warning of a great unraveling that is about to explode into the headlines.
Cycle #1 shows that businesses will hoard cash … create fewer jobs … and stop reinvesting in business growth. And by doing so, will help drag the economy to a near-standstill.
Cycle #2 indicates that consumers, shaken by weak job growth and plunging household income will pull back too, leading to slower business formation and slower inventory turnover.
Cycle #3—which predicted both the Great Depression and the 2008 Great Recession—shows a coming period of massive economic pain including an ever-weaker economy, chronic unemployment, soaring interest rates, massive defaults on public and private debt and more.
Sound familiar? It should, because the evidence is clear that we have already entered the early stages of these unstoppable cycles.
Our government, our economy and our way of life are living on borrowed time. For most, the changes will be catastrophic.
Only those who prepare now will have a prayer of protecting their loved ones, let alone preserving their wealth or their quality of life.
The very first step is to see these cycles—the most powerful forces in the economic universe—for yourself. So we’ve just posted a special briefing gives you the full story.
You will get a detailed explanation of how they work, and see for yourself the data that shows the coming collapse. Plus, you will discover the simple, practical steps you can take now to get your family and your finances through the crisis ahead.