Are YOU Prepared For Coming #Collapse - Some Planning Ideas

Preparing For The Next Market Collapse

Summary

·    About two-thirds of Americans anticipate another financial crisis.

·    More are worried about a market crisis than are prepared for one.

·    Here is what works and what doesn't in a total market collapse.

It is an uncertain world and I want to be prepared

According to recent survey data from Northwestern Mutual, 67% of Americans believe that over time, there likely will be more financial crises. However, are these Americans prepared for the next one? A market collapse to be a possibility that many investors are vaguely aware of, but fewer have taken concrete steps to plan for. This is not something that I specifically expect and it is certainly not something that I hope for. It is something that I insure against in a prudent, moderate way. Read More

Why Prepare For Anything?

Platinum Wealth Partners - Top Investors Edge

There is little doubt that it makes good sense to craft back-up and disaster plans. Flexibility and prompt responsiveness, too are critical factors. Plans a,b c and so forth forth should be established.

However, one must be realistic as to what lies ahead - that could a collapse beyond all proportions and unprecedented in human and economic history.

This is our greatest fear , and its likelihood is great.

International Offices

April 29, 2015

WALL ST Now Panicky Over #Greek Default Risk

Greek default? Wall Street Says Don't Risk It!!!

NEW YORK — Top executives on Wall Street and senior policymakers in Washington are warning their European counterparts not to let Greece default and leave the Eurozone, fearing the market reaction at a time of sluggish growth in the U.S. and instability in the global economy.

Some say they are not as freaked out as they were in 2012 about the prospect of always-in-crisis Greece getting kicked out of the Eurozone, which could happen if a deal isn’t reached quickly. Some would even like to let the Greeks go and move on with life. But then people mention Lehman Brothers. And the Russian default. And even an assassination in Sarajevo in 1914. And theoretical discussion of how better prepared the world is for a Greek exit quickly turns into fevered rumination on how it still might spark global financial Armageddon. Read More.

Greeks Seem To Be A Bit Unnerved TOO!

Platinum Wealth Partners - Top Investors Edge

It is understandable that Wall St is on edge because the global financial system is so interconnected - a proverbial house of cards. But the problem child does not show any signs of change and could quickly tumble the Eurozone; thereby trigger a roaring ripple around the globe.
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In the end, Wall Street is not the only one suffering from anxiety attacks.


International Offices
April 28, 2015

CHINA 2015 CRISIS: State -Run Bond Defaults On Interest

Not Concerned About China’s Financial Crisis? You Should Be

In February, IVN reported on a mostly ignoredstudy claiming that the world, especially China, was at risk of default (and possible economic meltdown) because of skyrocketing debt burdens.

On Tuesday, almost all media outlets worldwide picked up on the first Chinese-state owned business allowed to default.

Struggling in a cooling economy, Baoding Tianwei Baobian Electric missed its $13.8 million interest payment due on April 21 for bonds traded within China. Even though it is a state-owned company, Beijing let them default. Read More

What if rates begin to climb too? Oh my...