How to grow your wealth during the coming collapse?

66 THE BiG DROP capital formation and hurts investment. A policy of favoring inflation over deflation may prompt consumption gro ...

THE THREAT OF DEFLATION 67 monetary experiments in the years ahead. A fourth round of quantitative easing, so-called “QE4,” perh ...

68 THE BiG DROP decide which force is more likely. Our portfolio is ready for either outcome, but we’ve promised to monitor whic ...

THE THREAT OF DEFLATION 69 The Fed has an announced an inflation target of 2%, al- though in December 2012, they said a short-te ...

70 THE BiG DROP investors, but that’s their problem. The Fed’s job is to make the debt melt away, and inflation is the key. As I ...

THE THREAT OF DEFLATION 71 The Google CEO told the Financial Times that the average price of a home in Silicon Valley today is $ ...

72 THE BiG DROP is that the central banks must cause inflation. Without infla- tion, sovereign debts are impossible to service a ...

CHAPTER 5 The Greatest Unwind in Economic History Early signs indicate that the greatest unwind in modern eco- nomic history cou ...

74 THE BiG DROP stocks, corporate loans and commodities all crash at once. Chinese growth statistics have been overstated for ye ...

THE GREATEST UNWIND IN ECONOMIC HISTORY 75 are determined to prop it up as long as they can. Like central banks everywhere, the ...

76 THE BiG DROP decadence, one hundred years of chaos, starting with the Taiping Rebellion, all the way through the Boxer Rebell ...

THE GREATEST UNWIND IN ECONOMIC HISTORY 77 China is not anticipating this bust, and even if they were, they don’t know how to de ...

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CHAPTER 6 The Perfect Storm I believe the perfect financial storm is brewing at this very moment. If you act now, however, you m ...

80 THE BiG DROP see the value of those earnings reduced when translated to U.S. dollars as long as these competitive devaluation ...

THE PERFECT STORM 81 After all, if you had all the information, you wouldn’t need an intelligence service; a smart college kid c ...

82 THE BiG DROP Right now, my favorite hypothesis is that the world is fac- ing a $2 trillion tsunami of bad debt coming from oi ...

THE PERFECT STORM 83 that will leave investors and regulators unprepared. To understand what market outcome is likely, we start ...

84 THE BiG DROP derivatives trades we had on our books with the biggest Wall Street banks. If LTCM failed, those trillion dollar ...

THE PERFECT STORM 85 of energy-related corporate debt issued from 2009–2014 for exploration and development is over $5 trillion. ...