Consumers don't have money to buy things... Companies don't have money to grow... And neither one knows what they're going to do when the debt collector comes knocking. [Stansberry Digest] Publisher's Note: We've sent a few notes from our good friend Joel Litman over the past week. Well, I just saw his latest email, and I think you'll want to see it right away. It explains everything you're seeing right now in the wake of the latest Fed decision and what's happening with inflation. Fortunately, Joel also sees this stressed market [as a setup for a huge investing opportunity, one you can't afford to miss.]( --------------------------------------------------------------- When The Debt Collector Comes Knocking (It Ain't Pretty) [The interest rate reckoning is here.]( Most folks don't understand this, but it takes time for the obscene rate hikes to make their way through the economy. Now we're seeing the highest mortgage rates in 23 years... Near-record interest rates (above 20%) on a record $1 trillion in credit card debt... And interest rates on auto loans so high that the typical American family needs 42 weeks of income just to buy a car... That's 80% of your wages for an entire year. Before you even think about housing, food, or anything else! This situation is insane... But mark my words: It's just beginning. [And if you don't follow these steps, the next few years could be the worst time in your financial life since at least 2008.]( Now, as worse as this crisis unfolds for ordinary Americans... The exact same thing is happening to nearly every company in America. They've recklessly accumulated record debt over the years. And now they can't pay, nor can they refinance at today's sky-high rates. [(A $500 billion corporate debt storm is looming today.)]( They're going to struggle to avoid bankruptcy... They won't be able to borrow more money (like they're accustomed to) to develop products and build factories â things the economy actually needs to grow. Add it up: - Consumers don't have money to buy things... - Companies don't have money to grow... - And neither one knows what they're going to do when the debt collector comes knocking. What do you think happens next? The Fed wants you to believe the answer is something called a "soft landing," whatever that is. It's absurd! [What happens next will be the most severe financial crisis in nearly 20 years.]( I'm urging you to get the full story today. It's why I just came forward with the most important warning of my career... And a simple, detailed plan for [a strategy that can show you a low-risk 20%-plus income stream (and more) while all this is going on.]( Not with complicated options... "shorting"... gold... cryptos... or anything else you've likely considered. But with [a lower-risk asset that can crush the stock market in periods exactly like this.]( This is a critical moment to tune out the Fed's lies... And the (delusional) fantasies keeping the stock market bubble alive. Please, at least [consider all the proof I lay out here.]( And consider moving at least some of your money out of stocks and into what I'm sure will be the No. 1 asset in the world over the next several years. [I explain everything right here.]( Regards, Joel Litman
Founder & Chief Investment Strategist, Altimetry P.S. As usual, the ultra-rich aren't worried about this situation at all. Not because they don't think it's coming. (They know it is.) Instead, [they're raising as much cash as they can for the exact same strategy I'm showing you today.]( For example, two Deutsche Bank alums are raising a $500 million fund. But that's nothing... One of my favorite traders of all time â who's delivered his investors 19%-per-year returns for decades exactly this way â is raising $18 billion. [If you're wondering what they know and you don't, THIS is it.]( Published by Stansberry Research. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer wish to receive special offers from Stansberry Digest, [click here](. Youâre receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized investment advice. © 2023 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 [stansberryresearch.com](.