Reasons the Next Financial Crisis Will Be Worse and How You Can Save Yourself

MARKETS ARE FAR MORE VOLATILE NOW IN THE WAKE OF BREXIT AND TRUMP'S ELECTION:

What will happen to you when your financial savings and retirement account are completely nugatory? Gold is the handiest asset that can not be created. It has to be mined and pulled out of the earth thru a herbal procedure. Against all odds, the U.S. Has elected Donald Trump as its new president and nobody can are expecting how the following four years will pass. As a commander in chief, Trump now has the power to declare a nuclear struggle and nobody can legally stop him. Britain has left the EU and other European countries are planning to follow their instance. No count number in which you are positioned inside the western international, uncertainty is in the air like in no way earlier than.

THE U.S GOVERNMENT HAS ITS EYE ON RETIREMENT ACCOUNTS:

In 2010 Portugal seized retirement account property to help plug holes with authorities deficits and debt. Ireland and France did the equal in 2011, as did Poland in 2013. The U.S. Government has been looking. Since 2011, Treasury has taken cash from authorities workers' pension price range on four separate activities to cowl deficits in federal spending. Investing billionaire legend Jim Rogers believes that personal debts might be the subsequent ones the government raids.

TOP 5 U.S BANKS NOW LARGER THAN BEFORE THE CRISIS:

DANGER FROM DERIVATIVES THREATENS THE BANKS MORE NOW THAN 2007/2008:

The derivatives that crashed the banks lower back in 2008 did no longer disappear as regulators promised. Today the derivatives publicity of the five biggest American banks is a whopping forty five% greater than before the monetary crumble of 2008. The by-product bubble is over $273 trillion now versus the $187 trillion of 2008.

U.S INTEREST ARE ALREADY AT ABNORMAL LOWS SO THE FED HAS LITTLE ROOM TO CUT RATES:

Even after elevating interest rates as soon as final 12 months, the Federal finances charge is still inside the range of ¼ to ½ percentage. Consider that before the disaster erupted in August of 2007, the Federal funds hobby quotes sat at five.25%! In the next disaster, the Fed will have less than half of a percent point total it is able to reduce charges to stimulate the financial system.

AMERICAN BANKS ARE NOT THE SAFEST PLACE FOR YOUR MONEY

Global Finance mag puts out a every year listing of the pinnacle 50 safest international banks. Only five of these are U.S. Based. The top spot an American financial institution commands is best #39.


THE FDIC ADMITS IT LACKS RESERVES TO COVER ANOTHER BANKING CRISIS:

The cutting-edge FDIC's annual file shows that they'll not have sufficient reserves to thoroughly insure the state's banking deposits for minimally another five years. This lovely revelation admits that they could best cover 1.01% of U.S. Financial institution held deposits, or $1 out of every $one hundred of your financial institution account deposits.

LONG TERM UNEMPLOYMENT IS STILL HIGHER THAN BEFORE THE GREAT RECESSION:

Unemployment turned into four.4% in early 2007 before the remaining crisis began. While the unemployment charge has in the end reached the 4.7% tiers visible as the monetary crisis commenced to ravage the U.S. Economic system, the long term unemployment stays excessive and the employment participation price significantly lower greater than 5 years after the preceding crisis ended. Joblessness may be a great deal higher in the wake of the coming disaster.

AMERICAN BUSINESSES FAILING AT A RECORD PACE:

In the start of 2016, the Gallup CEO Jim Clifton announced that American business screw ups are actually more than new commercial enterprise startups for the first time in over 3 many years. The dearth of medium and small companies has massive implications for an financial system long pushed by way of free corporation. Bigger organizations are not resistant to the troubles both. Even American financial heavy weights like Microsoft (lowering 18,000 jobs) and McDonald's (shutting down 700 stores for the yr) are affected by this dismal fashion.