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The global government debt crisis I’ve been warning you about is continuing to unfold right before your very eyes …
IMF to Greece:
DATELINE—IMF Headquarters, Washington DC: Just a couple of weeks ago, we were once again assured that Greece’s troubles were over. The Eurozone and the world’s lender of last resort — the International Monetary Fund (IMF) — had worked out a deal to save the troubled nation.
The deal was to have included painful cuts in social, entitlement and pension programs by the Greek government combined with massive forgiveness of debt by Eurozone members.
But now, the IMF, which has loaned Greece more than 35 billion euros over the past five years, has backed away from any deal.
Before it considers further assistance, the IMF is demanding three guarantees:
1. The Greek government — which is already hanging by a thread — must make massive spending cuts that are wildly unpopular with that nation’s electorate …
2. Eurozone nations and investors must accept huge losses by forgiving massive amounts of debt owed them by Greece, and …
3. ALL of the debt owed by Greece to the IMF must be repaid.
The chance of these guarantees being made — let alone fulfilled — are slim. Greece’s days are numbered.
in “Death Spiral”
DATELINE: San Juan, Puerto Rico: For months, Puerto Rico’s governor has warned that America’s largest territory is in a “death spiral.” Yesterday, the Puerto Rican government made it official by defaulting on the island’s debt.
According to analysts at Moody’s, this is only the first of what will become a tidal wave of defaults on debt owed by U.S. territories. Many are equally concerned about the financial stability of key U.S. states.
There’s no question
that government debt
is beginning to implode,
just like I said it would.
The only question is:
what will YOU do
to protect yourself and profit?
I said it yesterday and I’ll say it again: This is no “pie in the sky” forecast. The great government debt catastrophe I’ve been warning you about is beginning now — and beginning October 7, its going to accelerate wildly.
READ THE FULL REPORT FOR FREE!
Read CONVERGENCE — Larry’s full report on this crisis — including 17 Supercycle investments designed to make you up to 1,113% richer in as few as 13 days!
If you make the right moves now, the profits can be enormous:
In my free report, for instance, I presented case histories showing many of these investments posting gains of 200% … 400% … 600% … up to 1,113% — often in as few as 13 days.
So why couldn’t you USE this situation and a strategy designed to pile up substantial profits as long as European government debt continues to implode?
… Especially if you have my very specific, very easy-to-follow “buy” and “sell” signals for each and every trade?
And why couldn’t you do the very same thing next year as Tokyo defaults on Japan’s 1 quadrillion-yen debt?
And why couldn’t you do it again in 2017 and 2018 as this great government debt crisis hits the nation with the largest debt on the planet — the United States of America?
I laid all out for you in my free report:
How the economic cycles I study accurately predicted the Great Depression in 1929 and every major economic event since …
How these ultra-powerful cycles are now converging and on October 7 will merge to form the first supercycle we’ve seen since 1929 …
How the global catastrophe created by this supercycle will unfold in four distinct phases and give you the opportunity to build FIVE great fortunes …
And how you can follow my specific “buy” and “sell” signals as long as this crisis lasts.
Look — I won’t mince words: This is the single most important forecast of my 37-year career. I am staking my life’s work — my personal reputation — on the accuracy of these predictions.
How you deal with these predictions may well be the single most important investment decision you’ve ever made.
So please — if you value your income, savings, investments or retirement, get the facts, then judge for yourself …
CLICK THIS LINK to read my free report …
Then CLICK THIS LINK to jump over to my blog to ask me anything you like or even tell me why my strategy wouldn’t work for you.
Yours for supercycle survival and profits,
Senior Analyst, Weiss Research
Editor, Supercycle Trader