Talk of a "Great Recession II" is alive and well for later in 2012.
Austin, TX. (PRWEB) February 07, 2012
John Carter’s review in the Absolute Wealth newsletter, of the current economic situation in America is titled “Bankers Choking On Cash”. John explains in the newsletter that there are economic problems swarming around the world, and talk of a "Great Recession II" is alive and well for later in 2012. Absolute Wealth writer, John Carter reveals the fact that stocks don't care, what the world cares about right now, is the current liquidity crisis.
In the Absolute Wealth newsletter John explains, that there is way too much money floating around out there, so John asks how could that be a crisis, because the banks aren't loaning any money. The banks are hoarding the money for themselves, John reveals in the current Absolute Wealth newsletter, because they don't care about helping the economy, they want to keep it in something safe, which means anything but a low interest loans to people who may or may not have a job a year from today.
Credit drives the economy, explains John in the “Bankers Choking On Cash” Absolute Wealth newsletter review, because it's credit that is the lifeblood of growth. The banks have the power in their hands to jump start this economy into something great, reveals John in the newsletter, but loans are not being made. John explains that it's important to realize this and to remember if people are going to do something great in this world, learn to not rely on the banks.
If the money isn't flowing to people, John Carter wonders in the current Absolute Wealth newsletter, where is the money actually going? John explains in the newsletter that if the money is not flowing to people, real human beings, it means that money is flowing into assets, like grains, gold, silver, oil, bonds, copper, and yes, even stocks, are benefiting from this phenomenon. People with money to invest, John advises in the newsletter, can reap the rewards of this current situation by simply "following the elephants" for the time being.
John reveals in the current Absolute Wealth newsletter, that this cash float into assets will end in a very bad way, because the biggest bubble on the planet right now is the bond market, and believe it or not it could go even higher. This means, John in the current Absolute Wealth newsletter explains, that banks would rather earn less than 1% on their money than risk loaning it. Read the rest of John Carter’s review in the Absolute Wealth newsletter, to see how the average person can take advantage if this current economic situation.