Market Will Fall By 50-75% As Petrodollar And Energy Sector Break Down(Video)
By: Steve St. Angelo
GoldSeek.com
Tuesday, 15 August 2017
Investors will get wiped out as the stock and real estate markets fall by 50-75%. Unfortunately, most investors, even the precious metals investors, do not understand the dire predicament that the U.S. and world faces as the energy sector continues to disintegrate.
I discussed this in detail with Dave at the X22 Report. We started the interview by chatting about the highly inflated U.S. Retirement Market and how more funds are being paid out to retirees than is coming in. This is the beginning of the last stages of the Biggest Ponzi Scheme in history.
While the Alternative Media focuses on the horrible situation in the State Pension Funds, it’s also very bad in the private sector retirement market as well as the Federal Pension Funds. While the State Pension Fund Plans have $4 trillion in assets and $1.9 trillion in liabilities, the Federal Pension Funds only have $1.6 trillion in assets versus $1.9 trillion in liabilities (source: Investment Company Institute). See chart below video.
And… we have to remember, the “supposed assets” on these funds’ balance sheets are considerably inflated. So, when they POP, the U.S. Retirement and Pension Fund Market will implode.
Furthermore, I discuss how Americans who are putting their funds into retirement assets aren’t really building wealth. Rather, the money that Americans are investing into the U.S. Retirement Black Hole every month is being used to pay off retirees today. Thus, the money that goes in, is immediately redirected into paying those who retired.
The Rest…HERE