G&G Associates Tax & Financial Consulting
History Will Repeat Itself…This Time for the US Currency
Alafia (Peace & Blessings) G&G Readers,
Argentina imploded in 2002.
It devalued its currency… defaulted on its bonds… and confiscated private pension plans. And it severely restricted the amount of money individuals could withdraw from their bank accounts.
For wealthy Argentine citizens, it was economic Armageddon.
Do you have a Home-Based Business (HBB)? If not, Why? This is your quickest, safest and most assured way to get a GUARANTEED 25-35% ror on your investment. Remember, with a HBB you get to deduct over 422 business expenses. Without a business you get about 7-10 business deductions. Look at it this way…if you are in the 30% tax bracket (25% Fed & 5% state); for every dollar you deduct 30 cents goes to you. For every dollar you do not deduct 30 cents goes to Uncle Sam.
Somehow I think you can use the money more than your Uncle.
Give me a call and I’ll show you how to start your own business for $49 and easily save 10 – 100 times this on your taxes. Implement this strategy and keep 30 cents on every dollar by doing so as well. This is what you call SMART planning and investing.
Of course, this wasn't the first time the country faced an economic crisis. Argentina is known to have wildly volatile boom and bust cycles. This bust, however, was more severe than its predecessors. The government used the crisis to break contracts, increase the scope of its power, and steal money from its citizens.
In other words, Argentina suffered a currency crisis.
And as difficult as it is to accept, we may soon face the same thing in the United States.
The dollar is doomed. And despite my conviction that the dollar will enjoy a short-term bounce from today's oversold levels, the Fed's perennial quantitative easing programs virtually guarantee the dollar's destruction in the long term. The U.S. is headed for an economic collapse. And it's a pretty good bet if the U.S. goes down, it'll take the rest of the world with it.
It'll be a worldwide economic Armageddon – which seems inevitable, given the flawed policies of the world governments and central banks.
So, the obvious questions are… What can you do? How can you survive? Is there life after a currency crisis?
What better way to get answers than to take a closer look at Argentina? It's been nearly a decade since the country's economy disintegrated. If we want to know what the U.S. may look like a decade from now, we can get a pretty good picture by looking at Argentina.
Argentina is not the country you might want to break your neck to go visit on your next vacation, but neither is it the desolate hellhole you might imagine given the circumstances.
Instead, the country is in purgatory. The final destination is yet undetermined. But there are plenty of clues that point to its fate.
In all, it has been an eye-opener for me as I research what is happening here in the good ole USA. And it's helped me craft a plan for the best course of action should the U.S. follow a similar path.
With the falling dollar and the explosion in gold, silver, oil and other natural resource prices, you need to stay on top of your game and manage your “OWN Finances.”
Become a GGIS subscriber now and you’ll be sure that we make sure you stay on top of your Tax and Financial Future to make sure your BUSINESS … AT HOME is protected. Remember…most people look after their bosses business, but fail to look after their own business at home.
Take advantage of our 2010 discount lifetime subscription offer if you are not yet a member of the GGIS paid newsletter service and you’ll be on your way to knowing how to protect your portfolio...at least what’s left of it. I’ll keep you informed on the “REAL DEAL” in our economy so you can protect your wealth. So....Sign up today!!!
To become a member of the G&G Investment Society newsletter subscription, send an e-mail to GGIS@gngassoc.com and/or visit our website at www.gngassociates.net and click on the “Products & Services” link and we’ll get you signed up right away.
DON'T WAIT ANOTHER DAY!
- 1 year subscription - $49
- 2 year subscription - $89
- Lifetime subscription - $199
If you want to setup a one-on-one consultation, contact me to set-up an appointment.
If you missed a past G&G article, visit www.gngassociates.net and click on the Newsletter archive link.
Until the next time,
Ankh Uja Snb (Life, Health, Strength),
Tax & Financial Consultant, RFC
866-361-3872 toll free fax
G&G Associates is on facebook, join our fan page.
"Your mind is like a parachute, it only works when it is open."
P.S. If you're not a GGIS Paid Subscriber reader yet, it's not a bad way to start the year. The recent dollar rally has actually given everyone some new opportunities to invest on the cheap. And currently, our GGIS portfolio is packed with great plays to kick-start your "anti-dollar" portfolio for 2010.
P.S #2 If you are looking to Travel and looking for steep discounted travel, visit www.gngassociates.net, click on the “G&G Travel” link and let your travel planning begin. Let us know where you want to go and we’ll do our best to find you the best deal your money can buy. Become a Fan of G&G Travel on facebook.
LEGAL NOTICE: This work is based on SEC filings, current events, interviews, corporate press releases and what I've learned as a financial consultant. Nothing herein should be considered personalized investment advice. 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.