This is a presentation I made to help explain the economic situation to my friends and family. The dollar is in serious trouble and I'm trying to warn people. The most prominent person with this same viewpoint is Peter Schiff. Good luck everyone.
1. The Wealth of the World and Adam’s Laws A New Understanding of How the World’s Wealth Works By Adam Simonett
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6. The U . S . is currently like your super successful friend that makes a ton of money but is still broke because he bought way too much crap by taking out adjustable rate loans when he had great credit and now has no way of realistically paying them back without saving more AND cutting expenses .
7. Who would you rather to lend to? Sam Annual Salary: $1 million Annual Raise: $0 Total Annual Expenses: $1.5 million Total Cash Savings: $15 million Total Debt: $32 million in credit card debt Josh Annual Salary: $25,000 Annual Raise: $5,000 Total Annual Expenses: $20,000 Total Cash Savings: $20,000 Total Debt: $10,000 left to pay on his house Now imagine you heard Sam saying he was unwilling to cut his expenses AND unwilling to find a new job to increase his salary?
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25. The ratio of Money Supply to National Value determines how much correction is needed. Inflation will naturally cause the currency corrections, interest rate changes will naturally change the debt problems. This is the natural and predictable flow of wealth from undervalued to overvalued. Dollars are relatively overvalued as is low yielding U.S. debt. The U.S. has the second highest amount of paper money and the least amount of Gold, Meaning HUGE INFLATION ahead!