They are coming for your money.
Let’s cut through all of the day to day developments in the financial system and look at things in the BIG picture.
The BIG picture is the global economy has screeched to a halt as governments around the world enforced “stay at home” or “shutdown” orders.
This has triggered an economic implosion, with tens if not hundreds of millions of unemployed around the world.
Governments are trying to “paper” over this mess via stimulus and monetary intervention. In simple terms, they are throwing trillions of dollars/euros/yen at the problem.
This means governments blowing out their budgets.
Budgets are financed with taxes. If taxes don’t cover government spending, then governments issue debt to make ends meet. And with taxes collapsing due to the shutdowns, governments are having to issue VAST amounts of debt.
The U.S. alone is expected to run a $3 if not $4 trillion deficit this year. And that’s as of May. Bear in mind, we still have seven months to go in the year and no one knows how long this situation will continue.
At some point in the not-so-distant future, governments will start looking for new sources of capital.
That source will be you, me and everyone else.
The plan behind this has been in place since 2011. Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:
1) Freeze bank accounts and use them to “bail-in” financial institutions/ banks.
2) Close the “gates” on investment funds/ money market funds to stop you from getting your money out.
3) Impose wealth taxes and seize unused assets.
Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?
If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.
If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.
We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.
We are making just 100 copies available for FREE the general public.
You can pick up a FREE copy at:
Chief Market Strategist
Phoenix Capital Research