Prism Virtual CD*
Click here to watch us emulate a 1% bank CD* with our automated investing software. You’ll need to multiply the current monthly return x 12 to get the annual return, currently running a little over 1.0%. Bear in mind that this is the same software we use to get 1% per DAY. (* Not issued by a bank, not a real CD, not FDIC insured, not connected with any government, offered for comparative purposes only. Entertainment too.).
The Prism Daily: Fri, Sep 28, 2012
Debt Trek: Going Where No Default Has Gone Before
Never in the history of humanity has the entire planet been on a fiat currency that isn’t backed by anything. Debt Trek: Going where no paper money has gone before. And according to this article, most of it is going to default, as in go bye-bye.
Major Insider: The Vast Majority of Global Debt Will Be Defaulted On
“Philippa Malmgren is an insider’s insider… When she speaks, it makes sense to pay attention… [here is] what she said… The vast majority of debt in today’s world will be defaulted on… there are in fact five likely ways for a government to default on its debt… ‘Number one, the state can just… tell you they are never going to pay you back… an Argentine style default… The second… we cannot meet the obligations – yes we are going to pay you back but a little bit less – that is called a haircut and… you know you are going to get it multiple times’… the third option is austerity… ‘there is a human limit to how much austerity people can withstand’… The penultimate default… is inflation… The last option is devaluation’…”
So which door do we get to pick in America? If only Monty Hall were here to guide us. At Prism Solutions we forecast a combination of haircut, austerity and inflation. Those tools alone would allow the Treasury Department to gradually delete the middle class while keeping riots and civil unrest to a minimum. Once it’s all over, perhaps 15 years from now, growth can start again and today’s school children will be enriched in the process.
In the meantime, if you’re well past school age and would prefer not to participate in the global default, you need to get ahead of the negative growth curve with a positive growth curve of your own.
May we suggest that our automated wealth augmentation services. Getting started is as easy as requesting your FREE, no-obligation consultation. We stand ready to help you achieve your wealth development goals and answer your toughest questions.
And May All Your Investments Be Profitable…
David Taylor and Gordon Philips, Directors
Prism Solutions, LLC
‘Better Investing Through Science’
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