Sept 21st - The Day Joe Biden Lets The American Economy Die

Goodbye America [American Death Angel Summit] September 16, 2022 [UNSUBSCRIBE]( Sept 21st – The Day Joe Biden Lets The American Economy Die [Jim Rickards] JIM RICKARDS Hi, Jim here. If you think things under the Biden administration were already bad... Then it’s about to get a whole lot worse. Because as I told you in yesterday’s briefing, we are sitting on the cusp of one of the greatest financial calamities of our time.. An “Economic Angel of Death” that could spell the end of decades of American prosperity… And this single market event could destroy any chance of a Biden re-election. It could even set your retirement plans back a decade if you don’t prepare now. But what you might not understand yet is why. Why am I so sure that this market crash is coming on Wednesday at exactly 2 pm? And why would I be willing to go live on Sunday at 7 pm – just days before this event is set to take place – and put my reputation on the line with this massive prediction? You see, while most people believe that the worst of the stock market crash is over… And that Joe Biden and the Federal Reserve will somehow turn this economy around. I know that nothing could be further from the truth. And it seems some of the brightest minds of our time are beginning to agree with me. People like Billionaire investor Jeremy Grantham… [This bubble is worse than 2000. Stocks will at least double their losses from here.] Big Short investor Michael Burry… [2022 will be like watching a plane crash] Even the Hussman Fund which accurately predicted both the 2000 and 2008 financial crisis... [Stocks are headed for a 70% Drop] They are all beginning to say the same thing… These markets are heading down FAST. Why? Even though most people would say that it’s inflation, or the war in Ukraine, or supply chains breaking down... The truth is, it all has to do with a tiny historical chart pattern that goes all the way back to 1919. A pattern that has appeared before nearly every single major market crash in recorded history… Let me show you exactly what I mean. Take a look at this: [stair step pattern] It may seem odd to you now. But this weird little stair step pattern has acted as America’s “Economic Angel of Death” for more than a century. Appearing before some of the largest market crashes in recent memory. It appeared before the 1987 stock market crash… [1987 stock market crash] When the Dow plunged 23% in a single day. And trillions of dollars of wealth evaporated overnight. It appeared before the dot.com bubble in 2000… [pattern before drop in 2000] Just before the NASDAQ dropped 75%. And didn’t recover for nearly 15 years. And it appeared before 2007… [pattern before drop in 2007] When the stock market lost more than half of its value. And millions of investors around the country watched in horror as their dreams of an early retirement went up in flames. And this same pattern set to advance again on September, 21st at exactly 2:00 pm. That’s THIS upcoming Wednesday. And once it does, the stock market's fate, as well as the financial futures of millions of Americans, will become sealed. Look, ever since I first went live warning about this pattern in March… The markets have fallen farther and farther. With some indexes down over 25% for the year already. [Nasdaw down 25%] And dozens of companies across the U.S., from Amazon to Walmart, have started laying off employees.. [Amazon Sheds Record 99k Employees] [Walmart Lays Off Hundreds of Corporate Workers -WSJ] [50% of employers expect job cuts -CNBC] But if you didn’t listen to me then… I strongly suggest you listen to me now. Because what comes next for this pattern could be the most dangerous step of them all. An “Economic Angel of Death” in a pattern that has preceded nearly every crash for more than a century. Once it shows up shows up THIS Wednesday at exactly 2 pm. We could see one of the greatest “Dow drops” of our lifetimes. An event so significant it makes 2008, and even 1929 look easy in comparison. Remember this pattern has preceded nearly every major market crash since 1919. So there’s no reason it wouldn’t happen again. But listen, I’m not here to scare you… This is NOT all doom and gloom…. In fact, if you play your cards right – and follow my exact instructions on Sunday – you could make a fortune as this crisis plays out. Look, since March of this year I haven’t just been warning about this crash… I’ve also been leading people to some of the biggest gains of their lives. People like Jacob Dowler: [Jacob Dowler Testimonial] Tom McIntyre: [Tom McIntyre Testimonial] Edith Hamilton: [Edith Hamilton Testimonial] Joshua Provo: [Joshua Provo Testimonial] And many more… I even plan on giving out a similar trade recommendation on Sunday that could 10X your money or more in just weeks or months when the market crashes, absolutely free. So you do NOT want to miss it on Sunday. But how are gains like this possible during a crash? And how can you set yourself up to profit? You see, during a massive market crash like this wealth isn’t truly lost… It’s just transferred from one person to another… That’s why for years professional traders have leveraged opportunities like this to make themselves extraordinarily wealthy. Just take a look at what happened to Nassim Taleb. In ‘87, long before he ever wrote the book “The Black Swan,” Nassim was working as a trader on the Chicago exchanges. At the time the stock market was hitting all-time highs and everyone thought the good times were going to last forever. But Nassim knew that something was deeply wrong in the markets. So what did he do? He placed a simple type of trade, one that goes up when the market crashes. And even though people were laughing at him for doing it at the time. He made an astonishing 67,000% return in a single day betting against the market. That’s enough to turn a small $1,000 starting stake into more than $670,000! A literal fortune in a single day. Now of course, you’re not Nasim Taleb, and this isn’t 1987… and history doesn’t repeat itself. However, opportunities arise from crisis all the time… Just take a look at what happened during the recent coronavirus crash. While everyone else was in full panic mode and losing their shirts… Billionaire hedge fund manager Bill Ackman had an idea. If he placed a simple type of trade… One that went up during a crash... He could make an absolute fortune when the panic hit. And by doing that he was able to turn a small $27 million starting stake into more than $2.6 billion in a little under a month… That’s a 10,000% return in just a matter of weeks. Enough to turn every $1,000 into $100,000… Or every $10,000 into a $1,000,000. That’s the power of getting ahead of a major market crash. And on September 18th at exactly 7 pm, just a few days before this “Economic Angel of Death” is set to show up, you're going to get your chance… You see, while the types of trades Taleb and Ackman pulled off have typically been off limits to most investors... I’m going to show you how people have had the chance to take home massive profits of as much as 1,295%...1,620%...and even 2,650% in the years that the markets crashed. It’s a completely unique way to get in on the other side of this trade. It’s like nothing you’ve ever seen before, and it’s extremely simple. You just have to know one number. The number 30. I’ll explain it all to you in tomorrow’s briefing. Stay tuned. [Jim Rickards] Jim Rickards P.S. If you haven’t verified access to the private website we put together for this event, please do so right away. You’ll want to visit that site for all of the latest information on this unfolding situation. 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