Thoughts on the State of the Economy 1st Qtr 2016

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It’s not being negative to say the obvious. It’s being proactive.
The state of the world economy especially in Canada and USA is alarming. I have never seen the financial system as manipulated and unstable as it is now. Yet the situation demands even more market manipulation in order to keep it going.

I was wrong about the Fed not raising interest rates, but we are seeing the resulting damage.

The Dow is down 2,600 points from its May highs. TSX is down 3,500 points. As was suggested from research back in 2010, oil could go down to $10 a barrel. We are now $15 away from that happening.


Alberta, Canada needs a $1B stimulus package immediately to deal with the loss of employment from oil prices. Everywhere people are feeling a cash crunch. Several US hedge funds are shorting the Canadian housing market while absent Asian investors keep the housing market propped up especially in Vancouver. The world is realizing China is coming back to earth with normal GDP growth which is affecting the entire economy.

 

Paid in Silver instead of cash

Paid in Silver instead of cash


Gold and silver prices are still deliberately being manipulated while supply shortages in silver will create more issues.
Trillions of dollars were created out of thin air since 2008 yet there are still cash shortages. The bond market is deflating, and getting ready to go down further.


The only numbers the Fed seems to care about regarding interest rates are the unemployment numbers. But those numbers aren’t even correct since they don’t exactly count everyone. So they are still parading around like everything is fine and further interest rates hikes are coming. No disrespect intended, but this is crazy.

I’ve barely scratched the surface.


I’ve been a financial strategist, sometimes successful, sometimes unsuccessful for a long time. I called the 2008 financial crisis back in 2004 but I didn’t know what all the right actions were to do about it. This time will be different. Every week people are asking me what to do. I’ve always done my best to answer them and I do have some solid ideas.


Everyone wants to know how to protect their wealth from housing market crashes, deflationary crashes, inflationary pressures, taxes, loss of cash flow, deal with crushing debt, while protecting their families, growing wealth and other issues as easily and efficient as possible.
So I’m creating a Financial Protection Game Plan together for anyone that wants it.  Money Uncensored will be charging for it. But it will be worth it.

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About Author

Leslie Michael Jr. was born and raised on the Westcoast of British Columbia, Canada. He is a lecturer of Money Uncensored, a series of presentations designed for North Americans and people from around the globe to better understand the financial direction this world is headed and what they can do to protect themselves financially.

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