Originally published September 16 2008
Financial Hurricane Warning: How to Protect Yourself from the Global Financial Fallout Now Underway
by Mike Adams, the Health Ranger, NaturalNews Editor
(NaturalNews) This is a special financial alert for NaturalNews readers. For more than two years, I've warned readers to get out of the housing bubble, steer clear of speculative real estate, offload U.S. dollars and get out of debt. In articles published from 2005 - 2007, I warned of hyperinflation and the coming collapse of the U.S. dollar. At the time, such predictions seemed outlandish to many, but what we're witnessing with the cascading bank and investment house failures is now demonstrating the urgency of paying attention.
This article reveals five valuable resources and numerous important tips for safeguarding yourself from the coming financial hurricane (that's only just begun). But first, let's review where we are right now...
The hurricane approaches...Less than 40 days ago, the second-largest bank failure in U.S. history became public as federal regulators seized IndyMac Bancorp Inc. following a run by depositors. Meanwhile, astonished investors looked on while Fannie Mae and Freddie Mac cratered into financial insolvency and were taken over by the United States government, instantly doubling the U.S. national debt and absolutely guaranteeing the eventual financial burn out of the U.S. government. (President Bush is scrambling right now to keep it off the government's accounting books... just more smoke and mirrors, huh?)
This happened barely two weeks after the bailout of Bear Stearns Co. by the Federal Reserve, a private organization of the world's elite who create money out of thin air and use it to bail out financial institutions it consider "too big to fail." Remember this, folks: Every time the Fed bails out another group of rich, criminal bankers, your own dollars become increasingly worthless.
A month ago, I thought the U.S. financial system might make it to 2012 (or even beyond). Now, I'm deeply concerned that the total collapse of the U.S. financial system seems imminent. Just yesterday, Lehman Brothers collapsed and is now bankrupt. The AIG insurance company is collapsing as we speak. Merrill Lynch just plummeted into financial disaster and was rescued by BofA. WashingtonMutual bank is plummeting rapidly and may crater before the end of the week.
Who will save us all?Right now, many Americans are practically in a financial panic, and they're watching their life savings vanish from financial institutions they once thought were rock solid stable. Wachovia is reportedly about to plummet as well... the bank runs have begun, folks. America's highly-leverage financial system is about to be seriously contracted by the de-leveraging of money.
But wait, you say: Won't the FDIC save us? I got news for ya, friends: The FDIC is bankrupt, too. There's no possible way it can cover the cascade of financial failures ricocheting through Wall Street right now. And every time the Fed creates more money out of thin air, they make it increasingly less likely that foreign central banks will keep buying worthless U.S. debt. If you were a country like China, would YOU keep loaning money to a bankrupt nation like America? No way. Not if you have any financial sense.
And remember this: Once the other nations of the world stop lending money to the United States government, the whole system collapses. The U.S. is running on fumes and fictitious, leveraged financial instruments that don't even exist! These banks have literally been trading each other pieces of paper with larger and larger numbers written on them, then calling them gains!
The whole thing is a hilarious house of cards, and it's all about to come crashing down. It could literally happen overnight, or it could limp along for a while longer. I don't have a crystal ball on the timing, but I know the ultimate result: Very difficult financial times ahead for the U.S. government and the U.S. economy.
The financial downfall of the American empire is under wayYou are right now witnessing an historical event: The financial downfall of the American Empire. Meanwhile, you know who's getting bailed out? The rich bankers, of course. They're getting bailed out with taxpayer dollars while financially strapped American workers foot the bill.
In fact, the situation is even worse than you probably thought: Every dollar created by the Fed to bail out rich bankers is a dollar stolen from the U.S. population due to the inflation caused by the increase in the money supply. In other words, when the Fed creates money to bail out rich bankers, it is effectively devaluing all the dollars held by everybody else.
Want proof? Just check your grocery bill. Did you notice that food prices have risen 50% in the last year? Did you notice the price of gasoline at the pump? How about the cost of health insurance and medical care? These rising prices -- which are bankrupting American households at an unprecedented rate -- are caused in large part by the Federal Reserve's runaway money creation addiction.
The great financial blowout of the U.S. governmentThe Fed is churning out so many billions of dollars that you'd think a bus-load of Senators had arrived at a hooker convention in Vegas and discovered ATM machines wired directly into Washington.
To say the Fed is creating (and spending) money like a drunken sailor is a vast understatement of what's happening in Washington right now. I characterize it all as the opening act in the great financial blowout of the United States of America, and when it's all over, America is going to end up as a bankrupt nation where the state runs the financial institutions.
Mark my words: There may be localized bank rescues here and there, and politicians will continue to lie to you about how bad the problems really are, but we will reach a point in the U.S. financial quagmire where the smoke and mirrors are shattered.
The evidence is right in front of you. You are watching the great leading edge of a financial storm swarming towards the shores like a Category 5 hurricane, ripping apart all the fictitious financial instruments as if they were loose fragments of thin plywood and sheetrock. And this financial hurricane isn't stopping anytime soon. We haven't even reached the eye of the hurricane yet...
Once it's all over -- which may take anywhere from a few months to a few years to completely unravel -- the end result is that anybody holding their savings in U.S. dollars could lose tremendous purchasing power. The drop in the faith of the dollar could cause the cost for the U.S. to issue new debt to be so high that borrowing money from the other countries around the world will become virtually impossible (because nobody will want to loan money to a bankrupt nation that has no ability to repay its debts, at least not without charging a huge premium for it).
Do the mathImagine the United States of America borrowing money from the rest of the world at credit card rates! That's what's coming. Twenty percent interest on the national debt. That would double the debt every four years, even if the federal budget were balanced right now! (Which it isn't...)
Do the math on this, folks. It's a logarithmic plunge into a financial abyss from which the United States government will never emerge. Because, think about it, friends:
• The FDIC bailed out the banks...
• The FED is bailing out the FDIC...
• Who's gonna bail out the Fed?
Nobody. The Fed is going to print money faster than post World War I Germany, sucking the value out of your existing dollars overnight. In fact, as I was writing this, the Fed just created another whopping $70 billion of fictional money (U.S. dollars) and pumped it into the banks. It's been secretly doing this week after week, month after month, for nearly two years now.
And it's accelerating.
With each bank failure, each investment house collapse and each mortgage disaster that's absorbed by the system, the Fed has to print another $50 billion or so of fictional money. It's all reached the point of financial insanity... the U.S. is desperately attempting to bail itself out with play Monopoly money! It's only a matter of time before People figure out that the U.S. dollar -- backed by the "full faith and credit of the United States government" -- is worth about the same as a scrappy I.O.U. from the local street corner crack addict.
The financial fallout is now obviousDon't say I didn't warn ya about all this. The writing on the financial wall is as clear as day. This is not debatable by anyone who can do math: It's simply a matter of time before the U.S. government is bankrupt, and the dollar plunges in value. The only people arguing against this conclusion are people who can't add (or subtract, in this case).
The U.S. economy isn't just running on fumes, it's running on delusions! And an alarming portion of the U.S. economy is running on the sickness industry (pharmaceuticals, surgery and bogus medical treatments propped up by a criminal medical industry).
An astonishing 96% of the U.S. government budget is spent on three things: War, Disease and Debt. See these figures based on published 2006 federal budget numbers:
1) WAR: Department of Defense + Veterans' benefits ($580.5 billion)
2) DISEASE: Medicare + Medicaid ($614.1 billion)
3) DEBT: Debt to the people (Social Security + Welfare) and to debt holders (interest on national debt) ($1,115.4 billion)
Did you read that? 96% of the federal budget is spent on war, disease and debt. Do the math, folks. The collapse of this system is a no-brainer.
Meanwhile, the U.S. is borrowing money from the rest of the world to prop up its delusional economy. Take away all the loans from China, Japan and the Middle East, and the U.S. instantly slams head first into a brick wall of fiscal reality. Government will literally cease to function for some period of time, and when it reopens for business, it will have to be slashed to a fraction of its current size.
In the coming months, we're going to see yet more bank failures, more Fed-induced inflation of the currency and yet more desperate financial moves by the wealthy elite to secure their own financial safety even while the savings of everyday Americans are being destroyed.
Three urgent points to understand nowGiven what's coming down the pike, there are three urgent points you need to understand RIGHT NOW. They are:
1. There will be NO universal health care plan. The U.S. government is already broke. And if the dollar collapses, we will witness a period of true financial turmoil, during which the U.S. government will be unable to pay for almost anything -- including health care services.
Don't count on any health care plan to cover you. Get healthy and learn how to use herbs as your medicine chest (see below).
Action to take: Get healthy now! Get onto superfoods, a plant-based diet, and lots of exercise to reverse disease and enhance your health. When the U.S. economy implodes, you will NOT be able to afford to be sick. So get healthy now. (And that means keep reading NaturalNews to stay informed!)
2. When the U.S. government goes bankrupt, Big Pharma could implode. Why? Because Big Pharma earns a significant portion of its revenue based on government handouts like the Medicare prescription drug benefit plan. Without Big Government to steal money from taxpayers and redirect it into the coffers of drug companies, those companies will find themselves in dire financial straits.
Virtually every drug company in the industry is engaged in criminal price-fixing practices and fraudulent cost accounting that bilks the taxpayers for billions of dollars. Once the government is broke, Big Pharma will virtually collapse. That's one silver lining in this whole scenario, by the way: The ending of Big Pharma! (See, there is something good that comes from all this. The FDA will also cease to function when the U.S. government stops paying its federal employees... I can't wait to offer them jobs writing books about the crap that really went on at the FDA...)
At the same time, bankrupt families, cities and states will almost universally stop buying brand-name prescription drugs and either turn to generics or natural therapies that are far less expensive and a whole lot safer.
All this will usher in good times for natural health practitioners, herbal product formulators and nutritional product manufacturers. Drug companies, on the other hand, will find themselves priced out of the picture. (Astute investors might recognize this as a great time to short Big Pharma stocks, but I'll leave that up to you to explore on your own...)
3. Anyone left holding U.S. dollars when the music stops will see the purchasing power of their dollars severely impacted. That's because U.S. dollars -- which are based solely on the "good faith and credit of the United States government" -- will very likely lose a lot of their purchasing power. Hyperinflation of the currency is the only way out for a nation that owes money it can never repay. (The timing of that, however, is uncertain...)
Ultimately, the U.S. government may do exactly what millions of homeowners are doing right now: They will walk away from their debt and abandon their homes, leaving the lenders with the burden of all the losses. In this case, of course, the lenders are the central banks of countries like China, Japan and the United Arab Emirates.
Action to take: Don't put your savings in U.S. dollars! Right now, you can trade paper dollars for real things like land, stock in companies, gold or even other currencies. Learn about my LIVE audio event, below, where I reveal detailed strategies for maximizing your financial protection. This is the time to take action. Anyone failing to convert their dollars into other "real" assets may ultimately lose everything.
Most people are clueless about what's about to happen to them and their moneyTake these points to heart. Realize, too, that virtually no conventional financial advisors, real estate advisors or bankers have any clue whatsoever about what's happening. They do not understand fractional reserve banking, nor international finance, nor derivative financial instruments, nor even how savings are stolen from people by planned inflation policies that provide "free" spending money for a spending-addicted government.
Most financial advisors, I dare say, are utterly uninformed on matters of investing. That's why they lost billions for their clients on the dot-com crash (which I also strongly warned people about, starting in 1998), and they continued to urge people to throw all their money into real estate over the last few years (which I also warned you about starting in 2006).
What are the results of all this? Huge losses for anyone gullible enough to believe mainstream financial hype.
If you follow the masses on all this, you may stand to lose a lot of money. On the other hand, if you are awakened, informed and alert about what's happening in this world, you can not only protect your assets, you can GROW them during these difficult times ahead. (See below.)
How to protect yourself from this financial hurricane starting right nowSo what can you do?
Fortunately, there are LOTS of strategies that can not only protect you during these tough times, but can even help you double or triple your investments! Yes, you can actually come out ahead!
Resource #1: Subscribe to my "Mindful Wealth" Email Newsletter. It's a free subscription, and each week (or so), I'll email you timely articles on ways to protect your finances and even expand your wealth to earn the money you truly deserve. It's about mindful abundance attraction and protecting your money like you protect your health. Over 5,000 people have already signed up in just the last week. Join now (free) at: http://www.naturalnews.com/MindfulWealthRegi...
Resource #2: Subscribe to The Complete Investor. My "secret source" for financial information is Stephen Leeb, and we reached an agreement with his publisher to put together an astounding special offer for Natural News readers. Click here to subscribe to The Complete Investor for a ridiculously low price, and you'll get hundreds of dollars worth of bonus reports and specific investment recommendations that you can act on almost immediately.
One of the stocks Leeb recommends looks poised to triple or quadruple in value when the financial hurricane strikes. And because of irrational selling on the part of desperate bankers, this stock has actually gotten cheaper over the last few weeks. Right now, it looks like an absolute bargain. The stock symbol starts with an "A" and ends with an "X" but I'll let Leeb tell you the whole story on this stock, and why you may want to use it as a way to shelter some savings and actually profit from the financial hurricane. Click here to subscribe to The Complete Investor now.
Resource #3: Health Ranger LIVE audio event starts Sep. 24! So many people are asking me questions on topics like the financial crisis, what's going to happen to America, how to buy land in South America, how to protect your savings, how (and where) to buy gold, etc. So I've decided to host a LIVE event where I'll answer all these questions (and much more) in real time.
The event takes place over four weeks; one hour (or maybe 90 minutes) each Wednesday evening. You can email me questions in real time! Plus, you'll get a download URL for all the MP3 files when the event is complete. Click here to sign up for just $39 right now.
This is a 100% uncensored, one-time event that will never be repeated. You'll learn my most guarded secrets and advice for protecting yourself during the coming hard times, and I won't hold anything back.
Resource #4: Subscribe to The Daily Reckoning (www.DailyReckoning.com). Tell Bill Bonner over there that Mike Adams from NaturalNews sent you. He's a good guy, and one of the best writers in the world (really!). Subscriptions are free.
Resource #5: Read Empire of Debt by Bill Bonner. A must-read book if you want to understand what's coming. You can buy it anywhere (Amazon, etc.)
How you can actually grow your savings during difficult times...If you do these things, you'll be relatively safe from the financial fallout that's coming. Yes, you can actually safeguard your savings. You don't have to join the sheeple in the long, sad march towards financial devastation. Empower yourself with the right knowledge, and you can not only survive this hurricane... you can GROW your wealth from it.
One person asked me about this recently, asking about whether this was immoral, making money while so many other people are losing it. Fair question, I suppose.
My answer? I wish everyone was smart enough to see what's coming, but the fact is that most Americans are financial sheeple being led to the slaughter, and that includes virtually all the bankers, brokers and investment people advising the masses. So you can either join them in the great financial suicide run of 2009 - 2012, or you can choose to profit from it.
What people choose is up to them. You can't save everybody. I'm just trying to help save NaturalNews readers. All the people smart enough to pay attention will be fine. It's only those who refuse to break from the mindless herd who will find themselves penniless, depressed and suicidal when this house of cards collapses. I can't save them all. Neither can you. Right now, you need to think about saving yourself and your loved ones. Besides, you'll be in a better position to help others if you're not broke also.
That's why I think it's your responsibility to do well during these economic hard times. Money needs to stay in the hands of people like you. NaturalNews readers are mature, socially-conscious, compassionate human beings who will help others as best they can. That's why I want to help make sure you can protect your money and make more money even if the masses are going bankrupt.
Here's my promo material for the upcoming Health Ranger LIVE audio event:
Health Ranger LIVE: How to Survive the Financial Tsunami and Prepare For the Coming "Economic End Game"Join the Health Ranger LIVE in this invitation-only event: FOUR live audio broadcasts starting Wednesday, Sep. 24th at 7pm Pacific Time. Each Wednesday evening, you'll be able to listen in via your internet browser (both Firefox and Internet Explorer) as Mike Adams, the Health Ranger, discusses critical events and challenges now facing us all:
• The financial tsunami: What to expect in the next few months and how to protect yourself from financial losses and imminent bank failures.
• Where (and how) to buy gold: Exactly who I recommend as my "secret source" for buying gold at an unbeatable price, including his phone number and email address. (This guy is a 100% hard core Libertarian gold bug, and he's 100% honest, trustworthy and committed to helping people get gold for financial protection. I've known him for over eight years. He also sells silver and precious coins. A big Ron Paul supporter.)
• The 2012 predictions: What should we really do to prepare for the changes described in the 2012 predictions? I'll answer questions on preparedness for 2012 and beyond...
• Safe Refuge: I'll share everything I know about Ecuador, Central America and South America: How you can still buy a safe haven in Paradise, where you can grow your own food and avoid troubled times in the United States (and other countries). I'll give you the best buys, descriptions of the actual lots still available, and exactly how to get there to check it out. I'll also cover Panama vs. Ecuador vs. Costa Rica.
• The FDA / USDA food irradiation agenda and why they want to wipe out the nutrition of the U.S. food supply, transforming consumers into Big Pharma victims who have no access to real nutrition.
• Health preparedness know-how: How to grow your own medicine chest so you don't depend on the soon-to-fail health care system. You'll learn which herbs to stockpile. Which products to buy right now and keep safe. How to cover MOST medical needs using simple, natural substances.
Plus, you'll be able to ask live questions via email. Send in your email questions during the live broadcast, and the Health Ranger will reserve 30 minutes to answer the best ones. This is your opportunity to get your most pressing questions answered directly by the Health Ranger!
Also: After the four weekly broadcasts, we'll email you a download link for all four MP3 files, so you can burn them to CDs or load them onto your iPod (or other MP3 device). This way, you won't miss a word of the event, even if you can't make the 7pm Wednesday schedule.
Don't miss out on this unique, one-time LIVE Health Ranger event. No topic is off limits here. If you want to know the hard, honest truth about the coming "economic end game" agenda -- and how to protect yourself from being financially wiped out by the global elite -- this is a must-listen audio event.
Pre-register now for just $39. This is a once-in-a-lifetime live event covering the most serious topics we've ever dared talk about publicly. All you need is a computer and an internet connection. It's a low-bandwidth connection (just 24kbps), so you'll be able to listen even on slow internet connections. No video, just audio. 100% uncensored. 100% Health Ranger.
Click here to register now.
Instructions for Internet Explorer: When you register for the event, you will receive a URL where you can listen via Internet Explorer. No plug-ins necessary.
Instructions for FireFox: Same as above, except you'll need to download and install this plug-in BEFORE the event: http://port25.technet.com/pages/windows-medi...
Be sure to register with your real email address, because we'll be emailing you the download link for the MP3 files.
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