SOS Underwater!

Argentina has experienced it. Listen to Adrian Salbuchi (an economic analyst based in Argentina) at http://www.911blogger.com/

Adrian Salbuchi defined that the world economy is supported by 4 pillars:

1. Money printed by Central Banks/Federal Reserve
2. Money printed by private banks (fractional system and investment banks) [20 years ago there were no derivatives, now it is about USD600 trillion - world derivatives]
3. Debt [the amount of debt created today is far larger than the economy, US federal debt is about USD10 trillion, consumer debt is about USD9 trillion and corporate debt is about USD9 trillion)
4. Privatise profits and socialise losses

America will have hyperinflation, cannot get out of debt, replace with new American dollar, perhaps 10 new USD for 1 old USD. It will export their inflation all over the world. So, it is advisable to buy hard assets:

1. Gold


2. Commodities


3. Properties

There is a very high risk of World War 3!

Food price will shot up the roof

Dear all,

Get prepared for the tsunami. It is no longer an isolated problem like the Asian Crisis, Argentina crisis (cause Falkland Island wars), Brazil, Mexico (tequila crisis), both US and Europe makes out of two third of world GDP, and it will collapse due to over debt.

Hyper inflation from US and Europe will be exported around the world.

Adrian Salbuchin speaks from his own experience in Argentina, and recommended all to be prepared, and study the Argentina crisis in 1975, 1982 and 2004 whereby hyper inflation went above 10,000%.