Marc's Note: Porter Stansberry, CEO of the world's largest independent financial research firm, has a unique ability to educate everyday Americans about the state of our economy in clear and simple words that anyone can understand. I'm not surprised over 5 million people have seen his work. That's why I strongly encourage you to hear his take on how the recent bank bailouts could lead to further trouble down the road...
Dear Reader, When the government steps in to bail out banks, like they did in 2008... What they are doing is like suppressing a forest fire. That's one of the many key insights I gained from MarketWise CEO Porter Stansberry's recent market warning. It perfectly illustrates how government interference in the economy creates unexpected problems further down the road. As Porter elaborated further: Natural forest fires are a good and healthy phenomenon... Forest fires get rid of a lot of dead growth, and that in fact fertilizes and allows nature to "reset" so to speak – they provide a clean slate for a healthy new forest to regrow. Bailouts, on the other hand, are like fire suppression... Instead of allowing the dead growth to burn and become fertilizer, it allows all that dead growth to accumulate. Eventually, you have so much dead growth that you can't afford to have a forest fire.
And when you consider the events of the past four years, there's a lot of fires that have been suppressed: - During COVID, the government printed trillions of dollars, sparking an inflation crisis.
- To combat inflation, the Fed launched the fastest and most aggressive rate hikes in history, causing U.S. Treasury values to plummet by up to 50%.
- This triggered runs on banks like Silvergate, Silicon Valley Bank, First Republic, and Signature Bank, leading to more government bailouts – another fire "suppressed."
According to Porter, all that bad debt from 2008 and the recent bank bailouts is now owned by our government. And you, the taxpayer, will one way or another pay for all that bad debt – NOT the banks. (Click here to hear Porter explain why this is the most important macroeconomic story you need to understand if you are investing in the markets today.) If you believe the government will stop meddling with your money and your freedom, don't pin your hopes on it. The U.S. has already surpassed $35 trillion in debt, which translates to about $105,000 in Federal debt for every person living in the country... And for the first time in history, we're about to spend more on interest payments than on defense and Medicare this year. Fortunately, Porter goes into extreme detail about a straightforward way you can set up your personal investments today to survive the historic volatility he predicts will continue to hit stocks. It's the same approach he's using with his own money. I encourage you to take the simple next step and listen to what Porter has to say – you can still access his unfiltered conversation absolutely free... Just click here now before it's taken offline. Regards, Matt Weinschenk
Director of Research, Stansberry Research | 
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