The Big Picture – The U.S. May Lose Its Financial Independence

The size of the projected federal deficits is so ENORMOUS that the U.S. will be forced to borrow HUGE sums from foreigners.  When you owe as much as we will owe in 2 years to foreign creditors, sooner or later they will call the tune and we will be obliged to dance.

If you think this is far-fetched, merely look at what the US forced upon the Great Britain during the Suez Crisis in 1956.  For more details on what happened during this crisis, read below. 

Our task is to understand the implications of this development and provide the strategy to protect your wealth.

The 1956 Suez Crisis – When the U.S. Strong-armed the UK

The United States put financial pressure on Great Britain to end its Suez Canal invasion. President Eisenhower warned the British that unless they withdrew, he would order the sale of the United States' currency reserves of British Pounds and Sterling Bonds; thereby precipitating a collapse of the British currencies' exchange rate. Eisenhower in fact ordered his Secretary of the Treasury, George M. Humphrey to prepare to sell part of the US Government's Sterling Bond holdings. The Government held these bonds in part to aid post war Britain’s economy (during the Cold War), and as partial payment of Britain’s enormous Second World War debt to the US Government, American corporations, and individuals. It was also part of the overall effort of Marshall Plan aid, in the rebuilding of the Western European economies (Source: Wikipedia).

 
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