The G Manifesto

Crash Proof: How to Profit From the Coming Economic Collapse

Buy Crash Proof: How to Profit From the Coming Economic Collapse by Peter Schiff

Analysts and media attributed huge sell-offs to anxiety and panic, but Peter Schiff, president and chief global strategist for Euro Pacific Capital, said the real problem isn’t that people lack confidence. They lack money, he said.

“The stock market is reflecting the problems in our economy,” Schiff said during an interview Friday. “You hear the president talk and say they want to keep Wall Street’s problems on Wall Street, but the real problem is on Main Street. Wall Street is in trouble because they engineered trillions of dollars in loans to Main Street, and Main Street is too broke to pay them back.”

He said that the only way to deal with the situation is to tell Americans: “The borrowing is over. The consuming is over, and the whole phony economy is gone.”

“We’re not out of the woods yet,” he said. “There’s really no reason for people to own U.S. stocks now. We’re going to be in the worst recession of our lifetime.”

Source

Tech is the only place to be right now.

And heisting and drugs.

Buy Crash Proof: How to Profit From the Coming Economic Collapse by Peter Schiff

Or read: The G Manifesto’s Top Ten ways to Make Money in a Down Economy

The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
AKA Your favorite International Playboy on the Rise’s favorite International Playboy on the Rise
The Guide to Getting More out of Life
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