Municipalities Going Bust Everywhere

We must understand that municipalities are going broke everywhere in the West. More than 50% of the municipalities in Germany are in trouble. We see the same trend everywhere. The Swedish Kommunivest movement where municipalities banned together to sell their debt which they cannot pay off only illustrates the problem.

We then have states/provinces facing a fiscal crisis. The primary driving force has been the pensions they have been paying themselves. Quebec has been escalating into a fiscal crisis ever since 2007.

This is all coming to a head in the next Monetary Crisis Cycle. This will be a very interesting WEC this year. We tried to make this one a smaller event given we had a large session in Rome. Given the degree of this crisis and the overwhelming requests to attend, we were able to get more space to accommodate more than the 500-limit we had set.

Attendees will receive this special report on the Monetary Crisis Cycle. So buckle-up. Keep your hands and feet inside the vehicle. This will be a ride prone to volatility with a lot of ups and downs.

Latest Posts

China Dumping US Debt At Record Levels

As I have been warning, these STUPID Neocons threatening the world have ZERO respect for the American people or our economy. Threatening China when they are the largest holder of [...]
Read more

The London ECM Next Weekend

  We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are starting to [...]
Read more