🌐 Will this be America’s next big bankruptcy?

According to Bill Bonner, these collapses and bankruptcies are just getting started. [Web version]( | [Unsubscribe]( [Online Investing Daily]( At times, our affiliate partners reach out to the Editors at Online Investing Daily with special opportunities for our readers. The message below is one we think you should take a close, serious look at. Wealthy entrepreneur says after watching crypto exchange go bust, UK pension system crisis, and many stocks fall by 95%, here's what coming next... --------------------------------------------------------------- The ultra-wealthy entrepreneur Bill Bonner wrote a fascinating piece in his daily e-letter last week. Bonner—who built one of the largest financial research firms in the world, with offices across the globe starting in the late 1970s—says three trends made the period of 1980 to 2022 one of the most investment-friendly episodes in history. Bonner describes these three investor-friendly trends as: - Cheap energy... - Cheap labor (mostly from China)... - And cheap credit, in the form of ultra-low interest rate loans. But now... says Bonner, [all three of these trends have radically reversed.]( And as a result, businesses, ideas, and plans based on these trends are quickly collapsing... and even going bankrupt! [You can see the wreckage beginning to pile up all around us...]( The cryptocurrency company FTX, for example, which at one point was worth $32 billion and counted Blackrock and the Ontario Teacher's Pension Plan as shareholders, recently went bust. The millions in losses from this collapse are just beginning to be tallied. Before that, nearly half of England's 400 pension funds almost collapsed. They were saved only by the intervention of the country's central bank. [(Click here for full story.)]( Then, there are the formerly "hot" tech businesses like Carvana, a company that was being touted as a way to reinvent the car business. It's fallen 98% in roughly a year... and is on the verge of bankruptcy. Many more former tech darlings, like Arrival (electric cars), Vapotherm (healthcare), and Porch (home buying and selling) are also all down more than 95% in the past year. But here's the really scary part... According to Bill Bonner, [these collapses and bankruptcies are just getting started.]( In fact, Bonner says the next big bankruptcy and next big collapse is likely to come from a place few people are even thinking about right now. Bonner says this looming fall is going to catch almost everyone by surprise and could lead to some very difficult years in America. [I strongly encourage you to check out Bonner's recent analysis.]( You're unlikely to hear this message anywhere else, and the mainstream press likely won't report on it for months to come, when it's far too late. Bonner says there are [FOUR critical steps every American should take immediately]( to prepare for this surprising fall. We've posted 'Bonner's Warning' (plus his FOUR recommended steps) on our website. [Click here to view it for free...]( Sincerely, Michael Palmer Founding Partner, Stansberry Research [OID]( This email arrived in your inbox after you consented to received 3rd party offers at our sister website. Email sent by Finance and Investing Traffic, LLC, owner and operator of Online Investing Daily. This ad is sent on behalf of Stansberry Research, 1125 N Charles St, Baltimore, MD 21201. 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Her son King Charles III said the death of his beloved mother was a "moment of great sadness" for him and his family and that her loss would be "deeply felt" around the world. He said: "We mourn profoundly the passing of a cherished sovereign and a much-loved mother. "I know her loss will be deeply felt throughout the country, the realms and the Commonwealth, and by countless people around the world." During the coming period of mourning, he said he and his family would be "comforted and sustained by our knowledge of the respect and deep affection in which the Queen was so widely held". The King and his wife, Camilla, now Queen Consort, will return to London on Friday, Buckingham Palace said. He is expected to address the nation. Senior royals had gathered at Balmoral after the Queen's doctors became concerned about her health earlier in the day. All the Queen's children travelled to Balmoral, near Aberdeen, after doctors placed the Queen under medical supervision. Her grandson and now heir to the throne, Prince William, and his brother, Prince Harry, also gathered there. Obituary: A long life marked by a sense of duty Moment her death was announced on the BBC Politicians pay tribute to Queen Elizabeth II King Charles III, the new monarch Prime Minister Liz Truss, who was appointed by the Queen on Tuesday, said the monarch was the rock on which modern Britain was built, who had "provided us with the stability and strength that we needed". Speaking about the new King, she said: "We offer him our loyalty and devotion, just as his mother devoted so much, to so many, for so long. "And with the passing of the second Elizabethan age, we usher in a new era in the magnificent history of our great country, exactly as Her Majesty would have wished, by saying the words 'God save the King'." The Archbishop of Canterbury Justin Welby - spiritual leader to the Church of England of which the monarch is supreme governor - expressed his "profound sadness". He said his "prayers are with the King and the Royal Family".