Baltimore, MD (PRWEB) February 19, 2013
In a report released last week, Porter Stansberry – founder of Stansberry & Associates Investment Research – said the debt-fueled policies of the U.S. and Europe are driving our economies to an unprecedented catastrophe. The looming crisis is reflected a variety of "distortions" in the world's financial markets. In the report, published in Steve Sjuggarud's DailyWealth, Stansberry cited abnormal behavior in equity, bond, and metals markets that suggest markets are "out of whack" and indicate a collapse is developing.
"The world's money system – the scales upon which the world's market functions – is being deliberately destroyed." said Stansberry “The distortions in the markets are the result of the deliberate manipulation of currency values around the world by central bankers. The central bankers are responding to their political masters' demands for easier money and cheaper credit. “
Stansberry termed this “the great lie. It is the final modern delusion”. You can view the entire report here.
Stansberry, most widely recognized for his outspoken opinions on the global politics and economics, said, “We know there is no escape from this path, which will soon lead to massive dislocations, huge price increases, and poverty on a scale unseen during our lifetimes.”
Stansberry & Associates Investment Research is an independent financial research firm, delivering unbiased investment intelligence to self-directed investors seeking an edge in a wide variety of sectors and market conditions. S&A experts produce a steady stream of timely research that covers topics such as value investing, maximizing income, energy-sector investing, resources, biotech, medical technologies, financials, technology, short-selling, macroeconomic analysis, and options trading.
Founded in 1999 and based out of Baltimore, Maryland, S&A has nearly two dozen analysts and researchers– including former hedge-fund managers and buy-side financial experts – who publish proprietary insights to more than 350,000 individual subscribers in more than 100 countries. Stansberry & Associates Investment Research has additional offices in Florida, Oregon and California.