Newsletter
A quick introduction.
From 1999-2008, through a series of New York Times best-sellers and an Oscar nominated documentary, we forecast the rise and fall of dot.com tech stocks, the irrational collapse of the housing bubble and global financial crisis and the demise of the US dollar inducing today’s rampant inflation.
In the 2005 release of my best-selling book Empire of Debt (which I co-authored with Bill Bonner – founder of the largest global economic forecasting and investment research firm) we predicted the U.S. economy would implode, as chronic ailments like a massive trade deficit, soaring personal and government debt, a housing bubble, runaway military expenditures we’re obvious warning signs that the imperiled American financial system was destined to collapse.
Over two years before Lehman Brothers collapsed I went on CNN, FoxNews, CBS Sunday Morning,was profiled in New York Times Magazine and named to Time magazine’s “Armageddon Gang” for warning investors that an unprecedented financial crisis was about to tear America and the global economy apart.
To the shock of Wall Street and Washington, on Sept. 15, 2008, with over $600 billion in debt, Lehman Brothers collapsed. Sending thousands of employees from Wall Street to welfare, which was the catalyst that sent the economy into a tailspin…
Igniting the 2008 Financial Crisis.
In a nearly three-decade investment career, my team and I have accurately predicted dozens of what we call Grey Swan Events. Pivotal moments in history that are improbable, but fairly easy to forecast.
We stand on the shoulders of giants.
We come from a long line of independent writers dating back to Patrick Maitland, the 17th Earl of Lauderdale, was a pioneer in the newsletter genre. In 1937, he established the Fleet Street Letter in London. Then, when Prime Minister Neville Chamberlain returned from the Munich Conference with Hitler, he announced that there would be ‘peace in our time.’ And the newspapers and radio stations spread the good news.
But Maitland wasn’t so sure. He set out for Europe to talk to other sources. And when he came back, he had a distinctly different message. Peace was a comforting illusion, he told readers; brace yourselves… gird your loins… for war.
Following in that tradition, writers from our fraternity predicted that Communism would fall a decade before the Berlin Wall came down. So radical was our forecast at the time that it was rendered rank nonsense by the “guardians of conventional thinking.”
To the shock of almost the entire planet, on the eve of the new decade, the Wall came down, and revolutions swept away communist regimes from Budapest to Bucharest.
These were both events that the so-called experts said couldn’t be predicted.
Yet we knew—with the right insights, the right contacts, and the right team of experts by our side—that this, and the majority of life-changing events, those that alter history as we know it, can be forecast in advance.
Today, I would like to help you not just survive, but thrive as the next catastrophic event unfolds. You see, we’ve screwed things up on a scale that makes it impossible to engineer a happy, smooth landing. It’s just not going to happen. So you need to be prepared.
I invite you to join my free daily letter, The Grey Swan daily missive, and receive a copy of our latest report, The Everything Bubble, free.
In it, you’ll learn not only how to avoid the collapses and crashes that I see ahead but grow dramatically wealthier in the process.