This Happened in 51 Out of 52 Countries by STANSBERRY RESEARCH

 

This Happened in 51 Out of 52 Countries I just read an interesting new study by Hirschmann Capital... Which shows that since the year 1800, a total of 52 countries have allowed their debt-to-GDP ratio to surpass 130%. In other words... these countries racked up 30% more total debt than the total value of the goods and services produced in the country for an entire year. Very dangerous territory. Well guess what... An incredible 51 out of the 52 times, these governments have defaulted on their debt, either through restructuring, devaluation, high inflation, or outright default. Why am I bringing all of this up today? Because the International Monetary Fund (IMF), according to Hirschmann's report, now expects the U.S. debt-to-GDP ratio to hit a record 141%, by the end of this year. So what does this mean... and what should you do? Well, billionaire investment legend Paul Tudor Jones has made his opinion clear. He recently went public about making a huge bet AGAINST the U.S. dollar, and said: We are witnessing the Great Monetary Inflation – an unprecedented expansion of every form of money unlike anything the developed world has ever seen. And the Founder of Stansberry Research – Porter Stansberry – agrees... he says: Today, every savvy wealthy person I know is desperately seeking a way out of our corrupt and bankrupt global financial system and the U.S. dollar. That's why Porter Stansberry says every American must now learn exactly how to get out of cash and paper money. Porter can show you exactly how he and other wealthy Americans are doing it. It's critical for your financial survival. The good news is... Porter has put together an incredible analysis, which explains everything you need to know... including the 3 critical steps you should take immediately. Get the facts for yourself — learn what's happening and what you must do. I guarantee watching Porter's video will be worth your time, and could be a game-changer for you and your family over the next few years. You can view it for free on our website right here... Sincerely, Mike Palmer Managing Partner, Stansberry Research Delivering World-Class Financial Research Since 1999 P.S. If you're wondering about the only country that did not default after hitting the 130% debt-to-GDP ratio... it's Japan. But many experts say a debt default in Japan is inevitable. Learn more about what is REALLY happening in our economy and our financial system today... watch Porter's analysis, which includes his 3 steps you should take now, by clicking here...   Published by Stansberry Research.© 2020 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 www.stansberryresearch.com.