Aside from recommending some of my favorite books on markets, money, and economics, I will be looking at what, in my opinion, is the true time of the coming financial crisis.
To do that I go back as far as the early 1700s and look at how over 200 years the pound sterling occupied the top spot of World Reserve Currency and how throughout that period there was hardly, on average, any monetary inflation.
My conclusion is that the current unsustainable course that our monetary and financial system is navigating had its genesis back in 1914 with the outbreak of World War One and that the crises we have had along the way like in 1929 and 2008 are only parts of a longer-term journey toward a final collapse of the debt-based, big-government and war driven system we have had for just over a century.
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I like the titanic analogy fits well. Indeed we are in for tough times, we should all be preparing for the inevitable unfortunately the average Joe just see it as another recession for a few years and the the bounce back "that's the way it always happens". Many will be shocked and fall but the wayside but hopefully you will wake many before the time comes great one 💯🐒
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Many people forget 2008 was just the beginning.
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