At some point soon – because of the unending spending and mounting U.S. debt – there will be the largest financial crisis the world has ever seen, because the U.S. government’s debts are the foundation of the entire world’s system of trade, banking, and finance.
President Trump managed to both raise taxes and grow the deficit at double-digit rates. That’s the worst possible outcome, Porter writes today. The president’s budget harms the economy and doesn’t do anything to reduce the risk of a financial collapse – it makes it more likely!
At the heart of any tech revolution is game-changing innovation – causing investors to go all-in. But inevitably, investors go too far, giving way to a devastating bust. Today, Ross Hendricks explores how to protect yourself from the coming collapse.
This is often how it goes: when investors are laser-focused on a company performing one way, even a small deviation from expectations can trigger panic. But when the underlying analysis suggests that once emotions cooled and the data is reviewed objectively, investor nerves will settle. That’s the story Porter tells today.
Today, Porter lays out the basic math behind Social Security’s coming collapse, and the simple solution for how to fix it.
Today, Porter warns that a popular retailer has begun a terminal decline – much like he correctly predicted for Sears and J.C. Penney years ago – that will end in bankruptcy by the end of the decade.
Today, Porter shares the one investing secret that he plans to share with his kids. Here’s the best part for you. If a significant portion of your wealth is invested this way, you never have to worry about what the market is going to do.