Below is further confirmation of the troubled US economy and the impact it could have on the US share market decline. I personally believe those that have developed new skills such as forex trading an eminis trading and share renting with insurance in place will be in a better position to profit from the coming International turmoil.

Those who haven’t learnt these skill sets must understand and be implementing insurance strategies we teach and the many other strategies to profit from declining markets. Those that also apply the 21st Century financial blueprint I teach IE: the Synergy concept of using multiple areas to create wealth at once also can prosper from turmoil.

Remember we can’t control the markets, however with a financial education we can control the strategies and skill set we have at our disposal to profit from such times when novice investors, untrained and often controlled by fear will be at the mercy of the markets.

That’s like heading for a large storm at sea that you are unaware of in a motor-less boat with no sails nor safety equipment.

A recipe for disaster.

Jamie McIntyre

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In 2005, I began warning readers about the impending real estate bust even as the mainstream media was telling everyone “there’s never been a better time to buy a house” …

I said a massive credit crisis would rock our nation and its investment markets …

And I implored investors to avoid specific stocks like Beazer Homes … Golden West … KB Home … Novastar Financial … plus 20 others.

By the end of 2008, not only had housing collapsed and credit markets caved, but 11 of those 25 companies I profiled were bankrupt and virtually all of them had suffered severe stock declines, with average losses of 81.3%.

Now, I’m issuing another — even more urgent warning — and it has implications for nearly everything you invest in, from stocks to bonds to real estate.

Please, DON’T bury your head in the sand this time around. Because everything is telling me this new disaster is ready to hit in full force.
Just in the last few days, for example, we learned that:

• Consumer credit (car loans, credit cards, etc.) shrunk by a massive $9.1 billion in May on top of a $14.9 billion decline in April. That May slump was FOUR TIMES as large as the economists were expecting.
• The ISM Non-manufacturing index also slumped to 53.8 in June from 55.4 in May. That suggests the service sector is following the manufacturing sector off a cliff.
• Plus, a key gauge of global shipping rates called the Baltic Dry Index just dropped another 4%, the whopping 31st day in a row of declines! We haven’t seen this kind of decline since 2001, and it serves as even more confirmation that the world economy and global trading activity are rolling over.

BOTTOM LINE:
The time to brace yourself for a massive stock decline
and a powerful double-dip recession is NOW!

What you do now will determine whether this impending crisis will make you poorer or make you richer.

Mike Larson