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Too Big to Save – New Martenson Report Ready

The User's Profile Chris Martenson March 1, 2009
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This new Martenson Report is ready for subscribers.

In it, I make the case the the recent action in the stock prices of banks, insurance companies and GE (really a financial company when you get right down to it) speak of a predicament that may be "Too Big to Save".

Too Big to Save

Snippet from the summary:

The summary of all these charts and observations is that pretty much the entire financial universe continues to crumble. This raises the prospect that, collectively, all these companies are "too big to save," no matter what the intentions and hopes of the new administration or this nation. I see several trillions of dollars needed to merely stabilize the situation. But to return it to its former glory? Sorry, not this year, not next year, and maybe not ever.

You need to consider your situation if the financial system suffers further erosion, as the options before our government are few, shrinking, and growing less and less palatable by the day.

Best,
Chris