This is why you gotta follow momentum moving forward... Thursday, September 14, 2023 Index Momentum S&P 500 GREEN Nasdaq GREEN Russell GREEN This Is My Biggest Economic Fear Dear Fellow Expat: Tucker Carlson will release an interview tonight with Argentine presidential candidate and front-runner Javier Milei. Follow the U.S. media focus on Milei, and youâll see heâs labeled as âright-wing,â âradicalâ, and âlibertarian.â The attacks on his economic plans are all-out nuclear assaults⦠largely because heâs exposing the endgame of [problems still building in the United States](. They canât have that⦠You see, Milei has exposed an economic system in Argentina rife with graft, poverty, and human and capital flight. Out of a population of nearly 46 million, around 55% of workers work in the public sector - the government. Roughly 7 million people work in the private sector. Thatâs one-seventh of the nationâs population supporting the entire country. But, in a play to buy favor, politicians just raised the minimum taxable threshold. There are now only 800,000 people who will be paying income taxes in a nation of 45 million people. Thatâs a complete disaster⦠and itâs unsustainable. Since the economy canât grow, Argentinaâs politicians simply print more and more money. The average person in the nation loses 10% of their wealth to inflation every single month. Inflation runs north of 100% annually in the country. But itâs worse than that: The government has a two-tiered system of exchange rates that enrich the politicians, while keeping everyone else poor. And they constantly lie about it. I know about it. Iâve exploited these exchange rates myself. As the United States reels toward even greater money printing, more debt, and increasing politicization, I worry that the U.S. will follow Argentina down the same path. Itâs my biggest economic fear...[Click here to continue reading this postcard...]( Stay positive, Garrett {NAME} PREMIUM CONTENT Dive into an in-depth analysis of Crescent Energy, a rising star in the energy sector and one of my top energy choices for 2023-2024. Guided by John Goff's strategic prowess and bolstered by a game-changing partnership with KKR, Crescent has set new benchmarks in the energy sector. Beyond its compelling backstory, this video uncovers the mechanics of Crescent's success, illuminating its strategy, potential, and future trajectory. [Sneak A Peek Inside the Trading Room]( REPORTS [The Momentum Handbook]( [The Secret to Huge Value Investing Profits]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn]( You are receiving this e-mail at {EMAIL}, as part of your subscription to Postcards. To remove your email from this list: [unsubscribe here]( Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team:
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