In the last market crash, we had to worry about banks and brokers failing. But today, many STATES are in no condition to handle a recession and credit market collapse, S&P Global Ratings reports. An alarming number of states have meager budget reserves and could not survive the first year of an economic slowdown.
This means YOUR state could go belly up at the first signs of the coming crash.
Millions who rely on state pensions might not get a check and take to the streets.
State and municipal bonds would plunge in value.
And public assets like courthouses, symphony halls, and even police and firefighter headquarters, could be sold off to the highest bidder in a last-ditch attempt to survive.
It’s not a pretty picture.
In fact, I’ve recorded a special briefing that explains this alarming situation in greater detail ...
You’ll see why one of the most important indicators I trust — the “T” Code — is virtually SCREAMING that a major financial crash is coming.
Few investors will come out of this with their wealth intact. Even fewer will USE this crisis to create enormous wealth.
My hope is that you are one of them.
CLICK THIS LINK NOW to watch this urgent investor briefing before it goes offline.
www.moneyandmarkets.com/reports/AWT/min/event/0816/?utm_source=MARK&ec=7151129&ccode=081820167151129AWT&sc=AWTF
Regards,
Mike Larson
Senior Analyst, Weiss Research
Poster Comment:
The main problem is that WE ARE ALL BANKRUPT. And we owe so much on the national debt that it can NEVER BE REPAID. Debt repudiation is the answer.