https://www.youtube.com/watch?v=FWngKnTc6Sw
The US consumer is buckling under a record $18 trillion in debt, and the U.S. Treasury bond – the bedrock of the global financial system for 50 years – is being rejected by the world’s largest creditors.
In this interview, contrarian investor Porter Stansberry connects the dots between this market chaos and a deep institutional rot he calls “Socialism in the Boardroom”. He provides his shocking timeline for the collapse of the Social Security “Ponzi scheme”, warns of a potential “real civil war”, and explains why he sees a 75% market correction ahead.
More than just a warning, this is a crisis playbook. Porter lays out his specific strategies for this new era, revealing the types of businesses, hard assets, and asymmetric bets he believes will not only survive the turmoil – but thrive.
Credit to : Kitco NEWS