What to Do in the Worst Stock Market Crash Since the Great Depression

The fact is that the American Stock Market is in a Stock Market Crash scenario that has not been seen since the Great Depression. Without a plan you can loose everything. Here is a plan that can help.

The United States Government is facing a crisis and that crisis is the largest single sum of unfunded debt obligations in the world. This crisis is causing the worst stock market crash in history and, in my opinion, is and will continue to be worse than the stock market crash of the Great Depression.

Anyone who is paying attention can see that all the politicians in Washington are dong is “kicking the can” down the road and are either unwilling or unable to seriously address the crisis at hand that is causing the stock market to crash. The fact is that the current Amercian fiscal policy and money management policy coming out of Washignton is breeding an economical hazard that has global investors running for cover and pulling their collective money out of the stock market.

– CASE IN POINT

The United States dollar has been in decline. Since 1985, which by the way was in the middle of the Savings and Loan Crisis, the American dollar has depreciated by over half against a basket of foreign currencies.

Since the inception of the Federal Reserve way back in 1913, the value of the United States Dollar has in fact collapsed. What $1 US dollar could by back in 1913 now only buy 4.8 cents worth of goods today!

And now the stock market crash which has resulted in millions of people loosing over half of their retirement that was in their 401(k)’s and in the stock market.

So what am I doing to protect myself against the stock market crash? First of all, I am getting out of the stock market and moving into more conventional secure investments like solid money market accounts, precious metals and only investing in stocks in strong companies that pay solid dividends. I am getting rid of ALL of my bonds and most importantly I am seeking protection against the falling dollar.

The best way I found to do that was to open an offshore account where I can protect my assets against the continuing dollar’s collapse and which affords me the opportunity to help build my wealth by using currency diversification; as one currency depreciates another appreciates.

More from this Contributor:

First Person; Why I Chose to Buy Foreign Real Estate
http://www.associatedcontent.com/article/8169129/first_person_why_i_chose_to_buy_foreign.html?cat=3

First Person: Why I Chose an Online Bank
http://www.associatedcontent.com/article/8163855/first_person_why_i_chose_an_online.html?cat=3

First Person: Why and How I Chose to Invest in China
http://www.associatedcontent.com/article/8097375/first_person_why_and_how_i_chose_to.html?cat=3


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