Dear Reader, The signs are everywhere. From the petrol pump to the supermarket, the cost of everyday life is skyrocketing at a pace not seen in decades. For many Australians, it’s annoying and more than a little concerning. But for those who understand the significance of these price hikes, it suggests something much more sinister. The last time we saw stubbornly high inflation...rising interest rates...and a housing market soaring out of control…was the early 1970s. What followed turned into a nightmare for many investors. Stocks careered into their worst bear market since the 1930s. The housing market crashed and didn’t recover for 14 years. 17% inflation ripped through cash savings... Australia became mired in low growth and, eventually, stagnation. The similarities between today’s economy and that of the early 1970s are too striking to ignore — and the implications are troubling, to say the least. Go here and see for yourself. As the global economy gets sucked into a time warp, even the most cautious among us are feeling a sense of unease. Stocks...super...house prices...they’re all in the firing line. But there are several things you can do to stop this horrifying thought becoming a reality for you. Learn more here: Return to the ‘Decade of Decimation’ Sincerely, James Woodburn, Publisher, Fat Tail Daily |