The Great Super Cycle: Profit from the Coming Inflation Tidal Wave and Dollar Devaluation
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From the Inside Flap
Due to the massive taxpayer bailout of financial institutions and the ongoing expense of conflicts around the world, the U.S. government's financial situation has rapidly deteriorated during this economic downturn. Today, the federal government is at the whim of Wall Street, socialist-leaning politicians, lobbyists, and special interests. Before the current system can change, we need another collapse. This will only happen when the debt bubble finally bursts.
The Great Super Cycle: Profit from the Coming Inflation Tidal Wave and Dollar Devaluation looks at what we can expect in global economics by looking at the history of political shifts in power. The underlying theme is that everything moves in cycles--from the mega-cycle of world powers, to economic cycles that can last decades, to mini-cycles that last ten to twenty years. According to author David Skarica, cycles are the most important and also the most powerful tool we have to make money in the coming years from the inevitable debt bubble and resulting economic shift. The market will move much lower in the coming years in inflation-adjusted terms. The key in this environment is to be invested in sectors that will outperform. This forward-thinking text examines key sectors such as gold, oil, and the growing Asian markets and how investors can profit from them.
With the federal government all but running some of the nation's banks, mortgage companies, and automobile manufacturers, the United States is becoming increasingly socialistic. Skarica believes that more regulation and taxes will make the U.S. economy less competitive and will cause funds to move offshore. The Great Super Cycle is an intriguing look at economic power shifting and the relationship between Washington, Wall Street, and the rest of the world.
DAVID SKARICA is the founder and Editor of Addicted to Profits, a popular newsletter known for its stellar performance in both up and down markets. Skarica entered the financial markets at a very young age and, at the age of eighteen, became the youngest person on record to pass the Canadian Securities Course. He is a regular speaker at trade and investment conferences in Canada and is a regular guest on the Business News Network (BNN), Canada's flagship business broadcasting network. His work has appeared in publications such as the Bull and Bear Financial Report, Barron's, Investor's Digest of Canada, and Canadian MoneySaver. Skarica also writes Gold Stock Adviser, an investment newsletter for the conservative media outlet, Newsmax.
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