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So reads the title of an article from Money Week, which claims to be Britain's best-selling financial magazine.
The article claims " We warned investors to take their money out of Europe in 2009"¦ to avoid buying the euro"¦ to stay away from the big banks in 2008"¦ and steer clear of property investments in 2007.
We even helped our subscribers find opportunities to profit from the ensuing chaos, by stocking up on gold and a number of other assets unpopular at the time."
and further warns that :-
We cite our success and experience with the crises of the past because there is an even bigger crisis looming – something that we believe will destabilise the very foundations of Britain. This looming crisis is related to the financial crisis of 2008... but it will be infinitely more dangerous. As we'll explain, there is an unsolvable problem at the heart of our financial system. One that dates back over a hundred years.
In that time this problem has eaten away more than £10 trillion in public funds. It has been at the root of practically every major political argument in this country, and it affects every aspect of the way we live our lives. Twenty-five Prime Ministers – from both political parties – have come and gone without ever having come close to solving it.
We believe the outcome of this problem is inevitable"¦ and the recession, joblessness and instability you see right now is only the first stage of it. Many people think the slump we're in now is as bad as it will get. But the truth is, it's only the start.
As evidence Money Week quotes the following data:-
Then there are those also on the net who disagree .
Any thoughts from the economists on this forum ?
Source: http://moneyweek.com/endofbritain/
The article claims " We warned investors to take their money out of Europe in 2009"¦ to avoid buying the euro"¦ to stay away from the big banks in 2008"¦ and steer clear of property investments in 2007.
We even helped our subscribers find opportunities to profit from the ensuing chaos, by stocking up on gold and a number of other assets unpopular at the time."
and further warns that :-
We cite our success and experience with the crises of the past because there is an even bigger crisis looming – something that we believe will destabilise the very foundations of Britain. This looming crisis is related to the financial crisis of 2008... but it will be infinitely more dangerous. As we'll explain, there is an unsolvable problem at the heart of our financial system. One that dates back over a hundred years.
In that time this problem has eaten away more than £10 trillion in public funds. It has been at the root of practically every major political argument in this country, and it affects every aspect of the way we live our lives. Twenty-five Prime Ministers – from both political parties – have come and gone without ever having come close to solving it.
We believe the outcome of this problem is inevitable"¦ and the recession, joblessness and instability you see right now is only the first stage of it. Many people think the slump we're in now is as bad as it will get. But the truth is, it's only the start.
As evidence Money Week quotes the following data:-
Then there are those also on the net who disagree .
Any thoughts from the economists on this forum ?
Source: http://moneyweek.com/endofbritain/
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