Pay very special attention to this documentary if you are not a sophisticated investor. The reality is most financial advisors are NOT very educated about the financial markets themselves. I had a bad experience myself with a dumb financial advisor at a major Canadian bank.
The majority of financial advisors have no idea about market timing and they usually are just salespeople wanting to sell you financial products so they can collect either commissions or residual income as long as you keep your money in the investment vehicle they recommend.
Stephen Molyneux goes through some very interesting statistics that I think every Canadian should know.
You must remember that, what the Canadian mainstream financial media tells you now are “lies”, after all it’s politicians behind a lot what you read in the news. Spinning positivity in everything, while things are falling apart in the background.
The Canadian Government is incompetent and don’t know how to manage taxpayers money.
97% owned present serious research and verifiable evidence on our economic and financial system. This is the first documentary to tackle this issue from a UK-perspective and explains the inner workings of Central Banks and the Money creation process.
When money drives almost all activity on the planet, it’s essential that we understand it. Yet simple questions often get overlooked, questions like; where does money come from? Who creates it? Who decides how it gets used? And what does this mean for the millions of ordinary people who suffer when the monetary, and financial system, breaks down?
I can’t believe the Fed, changing the way they measure inflation. Oh great, further cooking and fudging of the numbers to make the economy look better than it actually is.
Everyone, who goes shopping for food realizes that there is inflation, but the U.S government keep lying to the American public, and 90% of U.S citizens are just eating it up….Duh OK we believe the government.
You can learn a lot from Robert Kiyosaki in this video. He talks about the eroding U.S dollar and why when you save you are actually losing purchasing power over time.
-Started physical silver collection (coins, bars)
-Paper silver / gold market unsafe
-U.S dollar devaluation / Fed printing money
-Hyper inflation
-2012 Year of the Dragon 1/2 oz coin – Royal Canadian Mint
-Bearish on NASDAQ for 2012
This video has some really solid statistics about Canadian peoples debt, the 30% senior citizen’s retiring and the glut of homes that will be entering the market that is going to drive home prices down.
It talks about how corporations has filled peoples head with ideas of a lifestyle that most debt ridden Canadian cannot really afford. This is a must watch, it is a hard look at the reality of things and the coming hardships.
