Say bye bye to your pension

De FactoGovernment corruption How the US is being gutted financially (part )

De Facto Government corruption How the US is being gutted financially (part 2)

uploaded from RealEconTV
Business news without the bullshit

The last frontier for government crooks
are the tax-protected pensions of savers.

One European country is already raiding
them.

An excellent overview of where we’re at
and where we’re likely headed.

Starts with an analysis of Europe and then
covers what went wrong in America.

Analysis by former Wall Street editor and
US Treasury insider Paul Craig Roberts.

A quick antidote to the
endless BS on financial news

Full of quotable quotes from Paul Craig Roberts.

He used to be “mainstream” until he started pointing out uncomfortable truths.

You need a regular dose of this kind of perspective. Otherwise you’re likely to get left holding the back when the whole house of cards comes down suddenly.

Houses of cards fall in a lot less time than it takes to build them.

The current market is good for only two things:

1) quick in-and-out to take advantage of unique situations

2) being prepared to put on short positions rapidly when things gap down (like the one in silver not long ago.)

If you’re lucky enough to have cash, protect it because it’s likely to be in short supply after the next big leg down which, if you follow Robert’s analysis, is baked in the pie.

It’s only a matter of time.

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