Financial analysis company Stansberry Research just released a book called The American Jubilee. The $5 book highlights an upcoming crisis in the American economy – including how you can take advantage of that crisis.

The American Jubilee is a 266-page book that tries to convince you a massive crisis is coming for the American economy.

The book explains a number of “warning signs” that can be found in today’s economy, including rising consumer debt. These warning signs will lead us to our next financial crisis. For one easy payment of $5, you can protect yourself during this crisis.

The name “The American Jubilee” comes from the Bible. In the Old Testament, a “Jubilee” is described as a Jewish tradition that occurs approximately once every 50 years. During the Jubilee, the government forgave debt en masse. Here’s how the Stansberry Research team explains it:

“A Jubilee in the Jewish tradition was said to occur roughly every 50 years. It was a time for total forgiveness of debt, the freeing of slaves, and the returning of lands. Pope Boniface VIII proclaimed the first Christian Jubilee in 1300. Since then, it's been used dozens of times, when anger among a population hits extreme levels, typically because of an explosive divide between the wealthy and the working class.”

Stansberry Research believes that an American Jubilee is coming – which is why they call their book The American Jubilee.

According to Stansberry Research, “millions are calling for a new debt Jubilee here in America.” The team claims various members of Congress, academics, and economists have all called for some type of Jubilee.

If a Jubilee does occur in America, then Stansberry Research believes it will be very bad:

“What's coming next in our country will be a lot worse than the tech crash. It will be a lot worse than the mortgage crisis too. And I can tell you that no matter how sound your financial footing, this is the most important issue facing you and your money today.”

The rest of the book is designed to convince you that an American debt forgiveness program is a real threat, including how you can take advantage of the impending crisis.

The American Jubilee wants to convince you that the biggest threat facing your finances is the prospect of an American debt forgiveness program. If the American government decides to launch a “Jubilee” and erase all debt overnight, then this could be bad for you. The Stansberry Research team quite literally believes “this is the most important issue facing you and your money today.”

Basically, the book’s 266 pages revolve around the prospect of debt forgiveness in America – including how you can protect your finances during that “crisis”.

The American Jubilee talks about bizarre scenarios that could occur in the next debt crisis. One scenario involves calling “a month-long bank holiday for the twenty largest banks”. During this period, government regulators mark down assets, then wipe out all the debt.

The book explains that car companies, homebuilders, credit card companies, insurance firms, banks, other lending institutions, and other organizations that operate with leverage will all take a hit.

“There will be hundreds of billions in losses,” warns the book ominously.

Some of the things you will learn in the book include:

Few other people are talking about a “Jubilee” occurring in America. Total debt forgiveness hasn’t been proposed by any mainstream policy think tanks, nor is it a mainstream viewpoint.

However, The American Jubilee book wants to convince you that an American Jubilee is the most pressing crisis for you and your family.

It’s true that debt forgiveness programs have been implemented in other modern countries.

The book explains how debt forgiveness programs have been used recently in Croatia and Japan. The book also explains that President Trump proposed forgiveness of Puerto Rico’s bond debt after Hurricane Maria.

The United States actually had its own debt forgiveness program in the 1800s. In 1841, laws were temporarily changed to allow debtors to be discharged of their debts without the consent of the creditors. Over a period of 13 months, more than 40,000 Americans wiped away their debts before the act was rescinded. The Stansberry Research team describes this restructuring as one example of an “American Jubilee”.

There was also a similar program in 1930, when the American government seized money from certain U.S. citizens in one of the most controversial acts in U.S. government history. The Gold Reserve Act of 1934 was designed to protect the currency of the United States by making it illegal for citizens to earn gold and gold certificates overnight. The government didn’t just “seize” the gold, however: they purchased the gold at an inflated price, and many Americans were happy to sell.

Today, no politicians are running “Jubilee” platforms. No politician is proposing wiping out all American debt en masse.

There have been a few proposals calling for a wipeout of student debt. However, these proposals have limited support.

Overall, it seems unlikely that any type of Jubilee will occur in the near future in American. Nevertheless, The American Jubilee wants to convince you otherwise. It’s true that similar programs have been implemented in America and other countries in the past, but they never led to major financial crises. Of course, the American Jubilee explained in this book would be at a larger scale than ever before.

The American Jubilee comes from Porter Stansberry and the Stansberry Research team.

Like other books released by the team, the goal is to convince you to sign up for the Stansberry Research newsletter.

Generally, Stansberry Research is known for its alternative financial analysis. It offers a unique perspective on current events that you won’t find in mainstream financial outlets.

The American Jubilee has surprisingly affordable pricing. The hard copy of the book is priced at $5 USD.

That price includes shipping and handling. The company claims you are not signed up for any future research newsletters, nor are you automatically subscribed to further Stansberry Research prices. It’s a genuine hard copy book for $5.

The American Jubilee wants to convince you that the next major American debt crisis is around the corner. In response to that crisis, the American government will seize the assets of banks and consumers, then pay off trillions of dollars of debt nationwide, leading to a financial crisis. Stansberry Research claims similar events have occurred in Croatia (they haven’t) and in Japan (again, not really).

Despite the skepticism, you can buy Stansberry Research’s The American Jubilee today for $5. That price covers the 266-page hardcopy of the book. There are no other fees or charges, and you’re not automatically subscribed to any other Stansberry Research products.

Stansberry Research 2019 Bull Vs Bear Summit: TradeStops Tradinar Event Details

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

116 +