Dow Breaks Record of 1929 Crash and Closes Week Down 18.1%!
October 10, 2008 by Thomas Jones
Filed under Bear Markets, Government Surveillance, Mexico, Privacy, Stock Crash, Uncategorized
The Dow closed down 18.1% for the week — the greatest one-week wipeout in history!
It’s actually worse than the Great Crash of Black Monday, October 28, 1929, when the Dow closed the week “only” down 14.4%.
It’s worse than the 1987 crash when the Dow, after plunging 22% in a single day, closed the week down 13.1%. In the past 12 months, the Dow has lost 40% of its value while the S&P 500 has lost 42.5%. Markets in Asia, Europe and the Middle East are losing just as much, if not more.
The last time the S&P 500 crashed like this, in the aftermath of 9/11, it took FIVE YEARS to finally recover and only with the help of $400 trillion worth of bank-created derivatives.
That money is now gone forever and will never be created again.
We’re now back to where we were a decade ago – only this time, we’re facing MASSIVE government debts… two unresolved wars… a sinking global economy… a global banking system that is collapsing… and the likelihood of a president with ZERO financial or executive experience.
The market will come back. Historically, it always has. But we’re in for a prolonged period of economic uncertainty. Early retirees should use their “off the grid” skills to simplify their lives, relocate to less expensive areas (preferably outside the U.S.) and buckle down.
Quit Your Job Today And Retire in Mexico Right Now!
August 17, 2008 by Thomas Jones
Filed under Mexico, Strategies
If you think you have to wait until your 50s, 60s or 70s to retire, think again! Thousands of people in their 30s and 40s — and a few even in their 20s — are saying goodbye to the rat race, quitting their Dilbert-cubicle jobs, and living the good life in Mexico.
How do they do it?
They’re not rich, for one thing. Most have some savings but, the truth is, living in luxury in Mexico is possible for ordinary people with ordinary savings. Even with the recent real estate crash, many Americans find that they can live like kings in Mexico when they sell their U.S. homes and retire early.
What most people lack is… information. Now, that problem is solved. A remarkable woman named Barbara Parks has prepared a new, inexpensive special report all about how she and her husband broke free from a life of drudgery and stress — and now live a life of freedom and leisure in Mexico. You can find out how easy it is to quit your job and retire early in Mexico. Here’s Barb’s story: Read more
