The Bill Will Come Due – But not in 2024

[Cycles Trading With Phil Anderson]( Welcome to Cycles Trading with me, Phil Anderson. My aim with this three-day-per-week e-letter is to introduce you to the most powerful knowledge for building wealth. And that’s the 18.6-year real estate cycle and its key relationship to stocks. Every 18.6 years, property, economy, and stock markets move through a repeating series of peaks and troughs – like clockwork. And the market has followed this cycle for over 200 years. Using this knowledge, I’ve been able to forecast every major market move over my 34-year career. If this is your first time tuning in, catch up on my[background]( how I [predict the markets]( and how I’ll help you avoid [false alarms]( from the mainstream media. The Bill Will Come Due – But not in 2024 By Phil Anderson, editor, Cycles Trading with Phil Anderson You know how bullish I am. And by now, long term readers will also know precisely why. However, it doesn’t mean I’m completely blinded to the myriad of difficulties many economies still face. Here’s the rub. Whilst things are about to go completely over the top, with the greatest wealth creation event still ahead of us, the truth below the waterline isn’t quite as rosy. As credit creation turns towards ever more speculative endeavors, the “real” economy will become deprived of the credit it needs to promote and sustain productive growth. Recommended Link [The #1 Investment for 2024 (He Called Apple at $1, Nvidia at $8, Bitcoin at $400)]( [image]( He’s a former Wall Street Vice President… He’s voted as a “Most Trusted Expert” by over 130,000 independent analysts… Now – he is revealing the details of his: [#1 Investment for 2024!]( - He recommended Apple stock in 2003 before it soared over 51,800%... - He recommended Amazon before it jumped 3,200%... - He recommended Bitcoin BEFORE the hype – securing a [60,902% return, to date…]( - He recommended Nvidia at $8 before it surged 5,500%... Now – he believes anyone stands to secure a [1,600% return]( – by getting in today, on his #1 investment recommendation... [Click Here for All the Details.]( -- The Bill Will Come Due This leads to future problems which during the good times simply no one is interested in knowing about, let alone solving. But the bill for this will be due. One day. Therefore, whilst my gaze is firmly focused on the opportunities that will become apparent during the final stage of the 18.6-year real estate cycle for myself and my subscribers, I’m still wary enough to keep tabs on where these future problems may arise from. And here is why. [Chart] Anyone else smile inside when they see the big banks taking the fight to Congress…on December 7 of all dates? (If you didn’t know December 7 is a “Gann date” – meaning a lot of pivotal events occur on that day throughout history. [Subscribers of my premium newsletter]( know all about the importance of these dates in their trading.) Now, if you ask most average Americans if their biggest banks are short of a few dollars today, I’m sure I would receive a lot of rolled eyes back in return. Frankly, all the banks which attended this oversight hearing are absolutely swimming in cash. So what are they fighting Congress about? From the above Bloomberg article (bolded text is my own highlighting): The heads of Wall Street’s giants warned that everyday Americans will be made to pay if banks are forced to meet higher standards aimed at preventing financial meltdowns like the regional bank disaster earlier this year. Congress is looking to force banks to set aside more cash as a buffer against losses. But JPMorgan’s Jamie Dimon, Goldman Sachs’s David Solomon, and Citigroup’s Jane Fraser, among others, told lawmakers on Capitol Hill their institutions were safe. In a move that should surprise absolutely no one, these banks would much rather not place their mountains of cash and turn them into capital buffers. Instead, they would rather punish you by forcing customers to pay much higher fees and endure higher interest rates on credit cards and loans instead. Forewarned Is Forearmed This is the future of every American taxpayer alive a few years from now. When you consider the fact that we’re due to see these same banks fight tooth and nail for market share right on the cusp of a speculative frenzy of credit creation, anything which may impact upon their ability to lend will be fought. Hence this “fight” on Capitol Hill. Here’s the irony… It’s that insatiable appetite for higher earnings that ultimately causes these same banks to collapse once we pass the expected U.S. land market peak later this decade. The falling value of the collateral this land represents means all the loans made against that same land turns from good debt to bad debt. And if previous real estate cycles are any guide, these same banks will no longer be fighting Congress. Oh no! They will instead go cap in hand asking for their help from going insolvent. Which, if they did fall in line today and build adequate capital buffers, they arguably wouldn’t need to. See the irony here? Forewarned is forearmed. Expect these banks to win this fight, expect them to then fight amongst themselves to outlend each other. And then, finally, watch as they crawl on their hands and knees to the U.S. government asking for your taxpayer dollars to bail them out. Don’t worry about this today. It’s not due to come crashing down… yet. But don’t stop watching what these same U.S. banks do moving forwards, either. Regards, [signature] Phil Anderson Editor, Cycles Trading with Phil Anderson --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Cycles Trading Feedback). [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. 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