Dear Reader, Forget inflation. One of the world’s most respected financial analysts, Jim Rickards, says deflation could soon be a huge problem for Australians. Look at what’s happening in China... ‘China on brink of consumer deflation’ reports the Financial Times in July 2023. The price of Chinese goods — measured by the Consumer Price Index — just hit 0%...the lowest since the 2008 Global Financial Crisis. In other words, the Chinese economy is going into freefall. What could happen next? - Much higher borrowing costs
- Stock market collapse
- Rampant unemployment
- Hundreds of businesses go under
- The beginning of a deep recession
Jim’s biggest fear is that this is coming to Australia. He lays out the concerning evidence in his latest book, Sold Out. I urge you to take a look ASAP. Because unless your finances are prepared for the scenario, Jim reveals your standard of living could be about to go way, way down...and stay there for a long time. I’ve got a digital copy for you…including a chapter written exclusively for Aussie investors. Click here to learn how to access it. Cheers, Nick Hubble, Editor, Strategic Intelligence Australia |