April 27, 2023 Debt Ceiling Disaster Weeks Away Urgent Alert from Founder Martin D. Weiss It just happened, my friend! The House has just passed a bill like the shot heard around the world. It will slash the budget and freeze spending at that lower level for a full decade. It will roll back President Biden's health, climate and tax law. It will impose work requirements on social programs. And it's just the beginning of a new kind of Revolutionary War. Already, Biden has vowed to veto the bill. Already, he has declared that his health, climate and tax law is non-negotiable. And already smart investors are mapping out an escape from the chaos that's likely to follow. This is not a run-of-the-mill battle between Republicans and Democrats. Nor is it merely a rerun of tame budget squabbles from years past. No. This time, it's an epic battle like no other. This time, it's between the most reckless spenders and the gutsiest budget-cutters America has ever seen. And this time, it's taking place in the midst of four converging crises — four crises that have never before come together at the same time … The worst bank failures since the Great Financial Crisis. The worst inflation in 40 years. And the biggest risk of depression since the 1930s. Still, everyone seems to think the spenders and budget-cutters will simply "meet behind closed doors, cut a slimy deal and call it a day — just like they've always done before." I'm not so sure. The fact is, the United States of America now faces a greater risk of a debt default than at any time since the battles of Lexington and Concord. As soon as June. What are the consequences of an outright default by the government of the biggest economy on the planet? Chaos. Chaos in the market for U.S. government securities. Chaos in the market for bonds and debts of all kinds. Chaos in every stock market, bond market and money market on the planet. And there's only one way the government can avoid an outright default on its debt without adding a lot more debt: By defaulting on its solemn promise to pay Social Security benefits to 67 million Americans … By defaulting on its commitment to pay benefits to over 5 million veterans … By defaulting on its promise to fight inflation … By defaulting on its obligation to defend the U.S. dollar against devaluation and collapse … By defaulting on its implicit promise to bail out the nation's major banks, or … By again forcing retirees and income investors to accept practically zilch in yield on their savings. In sum … The only way the U.S. government can avoid defaulting on its debt is by defaulting on its other commitments and obligations. So, whether or not Congress and Biden come through with an 11th-hour deal that dodges the chaotic consequences of a debt default … The Federal Reserve will do what it has always done since the Great Financial Crisis: Printing paper dollars by the trillions and driving interest rates down. But if you're disgusted with the low yields you get on your savings, I have a solution that gives you the opportunity for … 18% Yield with Minimal Market Risk That's right. We've found a way to earn approximately 18% annual rates of return … Without the risk that your principal would be negatively impacted by crashes and bear markets. And needless to say, 18% is a fat rate of return. In fact, it's … • 2x the yield currently available on high-yield junk bonds — without the risk of failures and defaults … • 11x the dividend yield you can make on stocks — without the risk or crashes and bear markets, and … • 14x more than the yield on 5-year jumbo CDs — without locking up your money for five years or depositing the $100,000 minimum. To find out exactly how, I invite you to attend our … SUPERYIELD CONFERENCE For your free ticket, click here now. Here are the specs … When: Tuesday, May 9, 2023, at 2 p.m. Eastern. Where: Weiss online conference center. Cost: Free to Weiss Ratings Members only. (Please do not share this invitation.) How to attend: Click here. With the battle in Washington now building up to a crescendo, this is not something you'll want to miss. We will begin promptly at 2 p.m. Eastern, Tuesday, May 9. So, be sure to join us on time. Good luck and God Bless! Martin |
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