Economic Collapse!A Leading Indicator Of Better Times To Come

Economic Collapse!A Leading Indicator Of Better Times To Come

It’s going to get better; but, first, it’s going to get worse

                                Time of the Vulture, 3rd ed. 2012

When I presented Time of The Vulture: How to Survive the Crisis and Prosper in the Process to the Positive Deviant Network in March 2007, the economic collapse hadn’t yet happened. The next year, it did.

At the time, I suggested those in attendance shed debt, sell their homes and buy gold. Then, the US real estate market was functioning without direct government aid, gold was $650 per ounce and the financial system was stable.

Those days are gone and are never coming back. The imbalance between credit and debt that occurred during the Great Depression is now back; but, today, the à la 1930s massive deflationary collapse will be accompanied by monetary disorder on a cataclysmic scale.

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