Just days ago, the Obama administration announced plans to spend another $775 billion to $1 trillion on bailing out the troubled U.S. economy.
According to a study conducted by the San Francisco Chronicle, that brings the total bailout package up to $8.5 trillion (including the $700 billion Wall Street bailout… $600 billion to Fannie and Freddie… $168 billion in stimulus checks… the list goes on).
To put this into perspective, that’s more than this country spent on the New Deal ($500 billion)…
More than we spent on the invasion of Iraq ($597 billion)…
More than the entire lifetime budget of NASA ($851 billion)…
In fact, it’s more than all of these combined… and that includes throwing in the $256 billion we spent on the S&L bailouts of the 1980s… the $217 billion we spent on the Louisiana Purchase… and the $454 billion we spent on the Korean War!
And while this unprecedented ocean of artificial liquidity will surely lessen the effects of the recession… the unintended consequences could finish off the savings of millions of Americans… and they’re just days away.
We’re talking about something called the “Bailout Bombshell.” When this ticking time bomb explodes over the economy during the first quarter of 2009, it could destroy what wealth you have left.
For reasons that will become clear in a moment, almost no one will escape the next unexpected wave of the crisis.
Will Hepburn, president of Hepburn Capital Management in Prescott, AZ, assesses it this way: “Everyone is going to lose something. The winners will be those who end up losing the least.”
Gary Hager, president of Integrated Wealth Management, calls this threat the “8,000-pound gorilla in the room.” “We’re sitting in the room with the coffee cups vibrating.”
CNN Money reports that the coming shock is “right around the corner… even if actions taken by the Federal Reserve and the U.S. Treasury succeed at stabilizing the global financial system, and an economic recovery takes hold.”
Indeed, the “Bailout Bombshell,” as some experts are calling the coming catastrophe, could cause more damage to U.S. portfolios than anything the crisis has dished out yet!
In this report, America’s leading bear-market analyst will reveal the details of this brewing development.
More importantly, he’ll reveal an exact game plan for protecting your family – and even doubling your money – when the bombshell explodes just weeks from now. And it’s yours, free…
A bit of background…
The Global “Rush to Safety”… Headed for Disaster
When the financial crisis exploded early last year, investors worldwide began rushing headlong for the exits. EVERYONE wanted to exchange their stocks, funds and commodities (including gold!) for cold, hard cash.
And it wasn’t just individual investors. Hedge funds, hit by redemption demands from investors, were forced to liquidate their positions in exchange for cash (to the tune of $400 billion).
In a single 30-day span, investors yanked $127 billion from U.S. stock and bond mutual funds, seeking the “safety of Treasuries and cash,” according to the Investment Company Institute.
But the rush to cash didn’t stop there. Even with yields sinking below the S&P 500, the demand for Treasuries soared… all helping to drive the greenback up 21% in just five months.
All this has created what could be the biggest bubble in the financial world today… the bubble in the U.S. dollar! And now, that bubble is strained to the breaking point… even as investors the world over huddle in cash. It’s a disaster just waiting to happen… waiting for that “tipping point” event to set off the fireworks.