Wednesday, April 27, 2022

The Worst Market on the Planet

Note: Is edwardlorilla1986.paxforex@blogger.com your correct email? You haven't clicked in a while, and we're concerned you might lose access. Please confirm your address with one click here.

Manward Financial Digest
 

The Only Difference Between Us and the Worst Market on the Planet

What Is Biden Doing Now?

This could be dangerous.

A secretive meeting is scheduled in Washington for June 15.

If my research is right, it could be a day that lives in financial infamy.

If you own stocks... or gold... or even have cash in the bank... pay attention.

There are steps you can take to avoid the pain.

I just released the full - and highly controversial - story.

Andy Snyder

Andy Snyder
Founder

It was the second-hottest market on the planet last year... and now prices are plunging so quickly the exchange can't keep up.

On Monday, Sri Lanka's stock exchange was open for a total of 32 minutes.

The rest of the time, traders were forced to wait on the sidelines for automatic trading halts to end.

Each time trading began, prices fell so quickly that safety mechanisms triggered just minutes into the action.

Open... plunge.

Open... plunge.

In the end, the nation's leading stock index fell 13% on the day.

Since January, Sri Lankan stocks are down 40%.

Investors are going broke.

Familiar

It makes you glad you're not invested in the Sri Lankan market, right?

We bet no more than three of our readers have money in Sri Lanka... so why do we care?

Why are we wasting our valuable digital ink on such an idea?

Well, friend, if it weren't for just one caveat... we'd be Sri Lanka.

[Yours Free! Click Here to Get the Top FIVE Dividend Stocks Right Now]

It's vital that we understand what's happening.

Sri Lanka's economic crisis started as a political one. In a tune that may sound familiar, the current result stems from decades of government mismanagement.

Like so many rusty, old cans, this one was kicked down a dark alley... until a garbage truck backed over it.

Sri Lanka has what we call a "twin deficit."

It has a large budget shortfall, and it imports more than it exports - the latter is known as a "current account deficit."

Americans should be very familiar with both ideas.

Washington spent $2.7 trillion more than it brought in last year - marking a full two decades since we had a balanced budget.

Worse yet, our current account deficit is the largest it has ever been.

The money press rarely talks about it (have you heard about it?), but the difference between what we exported and what we imported last year surged by 33.4%. We sent more than $820 billion overseas.

Sri Lanka's numbers, of course, are much, much smaller.

Even so, sending all of its money elsewhere and not having enough in its coffers to plug the gap has caused immense problems.

Because there's so little money left in the country, it can't afford to pay for crucial imports... like fuel and food.

Folks in the country are going hungry, and roving blackouts have been taking the power grid down for up to 13 hours at a time.

What little money the country does have is being inflated away.

It's the only way the government can pay its bills.

SPONSORED

Sub-$2 Blue Chip Could Be 2022's Top Performer!?!

The question many investors are asking is pretty simple...

With overvalued stocks collapsing, what stock can I actually buy that still has a chance to go up?

Top Performer
 

Where are the BIG gains going to come from next?

A sub-$2 stock I'm calling The Last Great Value Stock could be it.

Click here to see how to unlock this pick - trading for less than $2.

 

Easy Fix

There is good news, though. In relative terms, Sri Lanka's problems are small.

Amazon could fix them with a single dividend payment.

On Saturday, for instance, a shipment of diesel (bought with a $500 million line of credit) will arrive and help power up the country once again. India, too, is willing to loan the country $1 billion for food and medicine. And China is thinking of offering up $1.5 billion.

In America's budget, those figures would be mere rounding errors.

That's the big difference between us and them.

We're too big to fail.

If we go, we'll take everybody down with us.

It means we can build up extraordinary debt. We can scoff at the notion of reining in our imports. We can ban the textbooks that tell us what we're doing will lead (and always has led) to big trouble.

But for how long?

SPONSORED

Do You Own ANY 5G Stocks?

5G Design Graphic

CNN calls 5G "the lifeblood of the new economy."

If you don't invest now, you'll regret it later.

Click here for details on the top 5G stock...

 

We, too, have surging inflation. We, too, have energy issues... food issues... and a democracy that's weaker than ever.

Right now, our economic enemies are letting us get away with it all. They have to. If we fall, they fall.

Just look at the hypocrisy in Europe's dependence on Russian energy. The continent's addiction to foreign energy is paying for Russia's war... but for decades, Europe's politicians have taken a not-in-my-backyard approach to energy production.

Russia is taking advantage of it.

How long can America get away with a much worse addiction?

Perhaps the better question is, when will our enemies be able to stand on their own?

That's turning out to be the question of our lifetimes.

When it's answered, Sri Lanka won't look so bad.

Be well,

Andy

P.S. Our government could take drastic steps to prevent disaster. That means you need to start preparing today. Right now. Every minute you wait could cost you big money and personal freedom. Follow the three steps I outline right here to protect yourself.

Great Liberty Revival Retreat
 

Want more content like this?

YES
NO
 

Andy Snyder | Founder

Andy Snyder is the founder of Manward Press, the nation's premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. He's been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms.

 

No comments:

Post a Comment

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...