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From the New York Times, Wall Street Journal, Amazon.com and B&N Best-selling Authors... "THE NEW MOST FEARED BOOK IN WASHINGTON" We Rushed 537 Books to the House and Uncle Sam's About to Ask You for Dear Reader, On the day that we rushed 537 copies of this book to Washington, USA Today ran a staggering cover story quoting David Walker, the nation's comptroller general: "The United States can be likened to Rome before the fall of the empire. Its financial condition is worse than advertised," [Walker] says. "It has a broken business model. It faces deficits in its budgets, its balance of payments, its savings — and its leadership." Welcome to The New Empire of Debt, folks… the debt Walker warned about in our award-winning documentary I.O.U.S.A. — which was inspired by a warning we issued as early as 2005. "Now maybe someone will finally listen," says Jim Rogers, author of the best seller Adventure Capitalist, about the book we rushed to Washington. We sent a copy to every senator and representative in Congress — all 535 of them. And one more each to the White House and the Federal Reserve. Why? The government's massive debt — and delusions — are about to change your life forever... and soon. It was bad enough when the Bush administration abandoned its traditional fiscally conservative roots in favor of neo-con adventurism. Now we have Obamanomics and cradle-to-grave deficit spending — enough to add another $9 trillion in debt over the next decade. When — and how badly — will it end? "...ON A PATH TO MAKE 1929 LOOK MILD BY COMPARISON..."
The prestigious Economist Magazine named our warning among one of its top 10 must-read books. Will it make a difference if we send the book to Washington? We can only hope so... But at the personal level, this book is a wake-up call — as well as a call to arms to every American. "Although the authors don't claim to have a crystal ball," writes Doug Casey, author of the best selling Crisis Investing, "as far as I'm concerned, they offer as clear and likely accurate a view of the future as you're going to find." The New Empire of Debt is filled with the latest economic research from two internationally famous authors, Bill Bonner and Addison Wiggin. And what it finally uncovers is the whole secret story of how and why America has put itself into the worst financial crisis since 1929. And more importantly, how you can protect yourself and your assets from this crisis. "If you value your financial health," says Casey, "you'll read it from cover to cover. Now!" “At a time we’re tripping over ourselves with bailouts, these guys step back and try to figure it all out,” says Neil Cavuto, business editor at Fox News. ARE YOU GETTING POORER BY THE HOUR — Every hour of every single day, the United States racks up another $209 million of debt. As I write today, the total debt stands at $11.8 trillion. That’s $38,285 for every American man, woman and child. It's money that's coming out of your pocket, and I'm not just talking taxes... but also from higher gas prices, food bills, even college tuition. And be assured, Uncle Sam has no intention of paying you back.
Worse yet, the man in the striped suit and tall hat is already asking for more... That’s because Social Security and Medicare have racked up debts that total a staggering $107 trillion — a breathtaking seven times the entire U.S. economy. Up until now, there's been little you could do to protect your wealth, your retirements and your way of life... THE ONE STOP FOR TOTAL WEALTH PROTECTION Inside The New Empire of Debt, you'll discover the specific steps you can take to protect yourself from the massive debt buildup and the secret funneling away of your funds. Don't be caught off guard.The New Empire of Debt shares the five things you must do now to protect yourself — including buying the one investment you cannot live without. (If it's not already in your portfolio... you need to get it right away.) The New Empire of Debt may well be the most important reading you'll do in the next five years during this period of unrelenting crises. Many Americans have no idea what's coming. They've been blinded by "The 10 Delusions of Empire" that Bonner and Wiggin reveal... it's those deceptions put out by the government that have created the destructive, imperial attitudes that so many have come to believe. You see, there's a cadre of "imperial citizens" that can't imagine this New Empire of Debt will ever end. They're about to learn how wrong they are...
"Whether you're an investor, businessperson or just someone who is sincerely concerned about the fate of both your money and your country," says Robert Ringer, author of Action! Nothing Happens Until Something Moves, "I strongly advise you not to miss the stunning truths exposed in this remarkable work." Don't get me wrong. As Eric Fry, editor of The Rude Awakening says, “The New Empire of Debt is not for everyone, only for those of us who hope to enjoy continuing prosperity amidst difficult conditions." "Americans believe they can get rich by spending someone else's money", say the authors of the book. "They believe they can run up debt forever, and that their debt-laden houses are as good as money in the bank. That is what makes the study of contemporary economics so entertaining. We sit at our telescopes and laugh like a divorce lawyer looking at photos of a rich man in flagrante delicto; we know there's money to be made." Bonner and Wiggin wrote The New Empire of Debt to warn you of the danger and give you a clear path to profits. They give you the knowledge you need to protect yourself — and prosper — as the American empire flails upon itself. LOVE THY NEIGHBOR — BUT NOT HIS DEBT The New Empire of Debt details how the government's bold agenda and fiscal insanity has encouraged ordinary citizens to ignore their own financial security. Following the government's lead, Americans have factored out risk in their personal lives and felt free to spend, spend, spend — putting themselves in deeper and deeper debt. Bailouts, stimulus programs… shovel ready government contracts… “cash for clunkers”, tax rebates on new home sales… these programs only serve headline political attempts to get the economy “back on track.” Unfortunately, as The New Empire of Debt clearly illustrates — it was on the wrong track in the first place!
Today, the average American household has $8,329 in credit card debt. And while Americans are finally starting to save money again, it’s a measly 3% of income. Compare that to China's 25% savings rate. As the New York Times reported, even after the Panic of 2008 appeared to shock and awe average Americans into reality, “Consumers are still in a precarious position — faced with slowing income growth and pay freezes, many are able to spend or save their money, but not do both at the same time.” Mainstream media are finally coming around to what Bonner and Wiggin have been warning about since 2005. Recovery Partners, a well-known international consultant to financial firms and institutional investors, advises its clients, “We recommend that all elected officials and concerned citizens everywhere consider this book required reading.” That’s because even if you've been smart and responsible and kept yourself out of debt, you could still be burned by other people's extravagant spending. The New Empire of Debt shows you how and why this can happen to your estate. And it details the steps you can take to get out of harm's way, lest your neighbor trample your capital. WILL HISTORY PROVE THEM RIGHT — AGAIN? Bonner and Wiggin have been calling it like it is for years. As president of Agora, Bonner is the founding editor of The Daily Reckoning, a financial commentary with over 500,000 readers worldwide. Wiggin is executive publisher of Agora Financial, a fiercely independent economic forecasting unit based in Baltimore.
Their penetrating insights on the economy shot their first book, Financial Reckoning Day, to No. 1 on the New York Times best-seller list. As Jim Davidson, author of The Sovereign Individual, said Financial Reckoning Day"...is something to be savored and enjoyed — before it's too late." Martin Weiss, author of the best-selling Ultimate Depression Survival Guide, called it "a powerful and insightful vision." Wiggin is also the author of The Demise of the Dollar — a New York Times best-seller. The New York Times Magazine says, "Wiggin offers up his analysis with a confident and steady aplomb. And for good reason." In fact, those who read the advice in this book will learn how to sidestep four critical pitfalls destined to undermine many less-savvy Americans. You'll learn what to do when:
Throughout history, every empire has found a way to pay for its expansion. Yet today, politicians have a different mantra: Instead of "we came, we saw, we conquered," it's "we came, we saw, we borrowed." WASHINGTON MAY IGNORE THE WARNINGS — We believe it's imperative for the bigwigs in Washington to read The New Empire of Debt. Will they read it? Maybe. Will they change? Probably not. History shows that government is much better at creating problems than solving them. But by sending 535 copies to every member of the Senate and the House of Representatives — and one each to the White House and Fed — we're pursuing our cause to make the facts known and the solutions abundant. The New Empire of Debt may well be the most important book you, your friends and your family are likely to read this year...
With just a few simple steps, you can prepare your portfolio to weather the coming crisis. The New Empire of Debt will show you everything you need to know. And if you act now, you can get your own copy of The New Empire of Debt at 40% off the cover price — click below to order today. It's the best way to prepare yourself, your family and friends, for what could be a prolonged period of financial crisis... one that's on path to make the 1929 crash look mild by comparison. We believe The New Empire of Debt, for 40% off the cover price, is the most important financial purchase you can make this year, more important than any stocks or index funds you can find. After reading it, I'm sure you'll agree.
Sincerely, P.S. Will members of Congress read it? Maybe. They might even agree with these readers who say...
The New Empire of Debt shows the one investment right now that's the ultimate "debt hedge," which can save you thousands in the coming months. Don't miss out on this important investing advice most others will regret missing out on. |