Tax & Financial Tips Archive
[Back to Archive]

 

Date: September 8, 2008
Subject: G&G Financial T.O.W. - " Danger of Debt Collapse"

This is
G&G Associates
Tax & Financial Consulting Services
e-Newsletter


Danger of Debt Collapse

* Failure possible at Wachovia, Washington Mutual,HSBC, SunTrust, National City, Sovereign Bank.

* Fannie Mae, Freddie Mac being taken over by the Fed (more infusion of fiat money)

* GM, Ford nearing brink of bankruptcy.

* Consumers, businesses, local governments shut outfrom vital access to credit.

* Deflation ultimately unavoidable.

Dear Newsletter Reader,

The U.S. economy is facing the growing danger of a debt collapse, and the government's power to prevent it is diminishing by the day. A debt collapse is not merely a decline in the availability of new credit, commonly called a "credit crunch."

A debt collapse is a tidal wave of defaults by millions of consumers, a rash of bank failures and a chain reaction of corporate bankruptcies that tear apart an economy's existing debts.

So far, in this credit crunch, the nation's mountain of debt has merely been growing at a
much slower pace. But in the next phase of the crisis — the debt collapse phase — you
could see that debt mountain actually shrink. On the surface, that may sound like a good thing; and someday, after it's all over, it could be. But in a debt collapse, debt reduction doesn't happen because borrowers suddenly decide to pay off their debts. It happens because of ...

In this months issue of G&G Investment Society paid newsletter service, I show you why in today's debt-addicted economy recession and deflation are ultimately unavoidable.

- Plus, I'll tell you why inverse ETFs can offer you vital protection and potentially massive profits!

- And how to stay safe while high-yield investments are being hammered!

- You'll also find answers to your questions on:
* Fannie Mae and Freddie Mac
* Washington Mutual, HSBC, etc...and,
* Bank Ratings

------------------------------------------------------

If you are not yet a member of the GGIS paid newsletter service...Become an exclusive member of the G&G Investment Society subscription for USD ($99). But wait, if you listen to last weeks conference call before the end of the week you'll get instructions on how to get a 20% discount off the regular susbcription price. So....Sign up today!!!

To become a member of the G&G Investment Society newsletter subscription, please send an e-mail to GGIS@gngassoc.com for sign up instructions. DON'T WAIT ANOTHER DAY...SEE QUOTE BELOW!

- 1 year subscription - $99 {20% discount - $79}
- 2 year subscription - $169 {20% discount - $135}
- lifetime subscription - $399 {20% discount - $319}

--------------------------------------------------------

Thanks

Gary Gray
Tax & Financial Consultant, RFC
G&G Associates
877-817-6031 toll-free
866-361-3872 toll free fax
www.gngassociates.net

"A Prudent man foresees the difficulties ahead and prepares for them; the simpleton goes on blindly and suffers the consequences."
Proverbs 22:3 -- Living Proverbs



LEGAL NOTICE: This work is based on SEC filings, current events, interviews, corporate press releases and what I've learned as a financial consultant. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. G&G Associates gets paid a commission from a membership purchase at www.publicgold.com/gngpreciousmetals.




 

Tax & Financial Tips Archive
[Back to Archive]