Will we repeat the mistakes of the past that led up to WWII? Jim Rickards thinks so. His recent article “Now, a Trade War – Is a Shooting War Next?” offers the history leading up to WWII and warns: “Get ready for an all-out financial war between the U.S. and China. Germany is also in the crosshairs…. Trump has already […]» Read more
Hi, I’m Dennis Miller and welcome to Miller, ON the Money. Click Here to read my website promise!
Will we repeat the mistakes of the past that led up to WWII? Jim Rickards thinks so. His recent article "Now, a Trade War – Is a Shooting War Next?" offers the history leading up to WWII and warns:
"Get ready for an all-out financial war between the U.S. and China.
Germany is also in the crosshairs….
Trump has already torn up the TPP trade agreement and has put Canada, Mexico, and South Korea on notice that their trade deals need to be renegotiated.
A full-scale trade war is now upon us. (emphasis mine) It will shake markets and be a major headwind for world growth. It will get ugly fast and the world economy will be collateral damage.
Today looks like a replay of the 1930s. As Mark Twain reputedly remarked, "History does not repeat, but it does rhyme."
Next comes the shooting war with North Korea, which will inevitably draw in Russia, China, South Korea and Japan. This will be tantamount to World War III."
Last week we published Part I of an interview with Richard Maybury who publishes the "US & World Early Warning Report". Richard also warns:
"(Recall) …. the warning by the great libertarian economist and legal scholar Frederick Bastiat (1801-1850): "When goods do not cross borders, soldiers will." (emphasis mine) There's hardly anything that will trigger a shooting war as fast as governments trying to destroy businesses and jobs in each other's countries."
On to Part II. When it comes to what causes wars and what really happens, Richard is the expert.
Click here to read more...
I’m excited! We’re in for a real treat. We’re going to gain a unique look at what’s going on in the world and how we can protect ourselves. I’m a long-time subscriber to Richard Maybury’s “US & World Early Warning Report”. Richard offers a different perspective from any other newsletter I subscribe to. His candid approach to tackling tough issues […]» Read more
The US Debt Clock tells us our national debt is around $21 trillion. Social Security promises are approaching $17 trillion – included in the “unfunded” government promises – over $112 trillion. Despite government mandated Cost of Living Increases, our recent article, “An Inconvenient Truth About Social Security” clearly indicates social security recipients have no inflation protection.Each month, seniors and savers […]» Read more
In a recent interview with Chuck Butler, he warned us that we may be in for a significant “Minsky Moment”. The federal reserve is raising interest rates and unloading trillions in their US debt holdings. Countries that normally buy our bonds are slowing down their purchases or reducing their holdings. With fewer buyers, what happens if interest rates continue to […]» Read more
Did I achieve a journalistic milestone? I got my first tip from an insider. What I learned is darn important for our readers. Our article “The Social (IN)Security Charade”, discussed how the government gave us a COLA increase and took it right back by increasing medical premiums. The tipster confirmed I was spot on – however, I barely scratched the […]» Read more
My wife Jo has her wedding ring inspected as part of their warranty program. The jeweler was examining her ring when a group of young folks came into the store. They were part of a church youth group on a modern-day scavenger hunt. They politely asked permission to take a photo of the most expensive piece of jewelry in the […]» Read more
On a hot summer day, I was flying my single-engine Piper Comanche from Schaumburg, IL to Indianapolis, IN. I decided to fly higher than ever before (9000 feet). With the tailwind, I touched 200 mph. The sky was crystal clear; I could see across Lake Michigan. I felt like I was in the stratosphere and could see forever! It was […]» Read more
A decade ago I believed annuities were for rich people, the average person probably doesn’t need them. Investing through an insurance company is generally expensive. What do retirees need from their retirement plan? Whether you have a pension, 401k, IRA or a combination, most people say they want “guaranteed income” for the rest of their life. When you unpack that […]» Read more
To view all the articles in our Advice Corner, simply CLICK HERE!
We appreciate your interest in our information and hope you enjoy it!