Another Analyst is showing us the Economic DISASTER toward the Coming Depression

Martin Weiss
(snippet)
Indeed, just last week, in a startling release that sent chills up the spines of economists worldwide, the Federal Reserve reported that, in the third quarter alone, American households have suffered ...

$647 billion in real estate losses
$922 billion in stock market losses
$523 billion mutual funds losses
$128 billion private business losses, plus
$653 billion losses in life insurance and pension fund reserves!

That's a $2.8 TRILLION wealth loss overall — four times more than the Treasury's entire $700-billion bailout program.

Worse, over the past year, the loss is $7.1 trillion, or TEN times more than the bailout program.

Finding these numbers too large to believe? Then just add up the figures in the red rectangle below, taken straight out of the Fed's release.


They are the worst losses ever recorded.

Even as the government commits new billions to be spent on financial rescues, trillions in wealth are wiped out in real estate, stocks, mutual funds and retirement assists, overwhelming the government efforts.

Looking into the future, you ask:

But will the trillions MORE that Washington throws at this crisis bring inflation back? Or will this deflation continue to be so massive that no amount of Fed funny money stands a chance of preventing it?

It's a crucial question for you, me, plus every investor, wage earner and consumer in the nation.

Getting the answer right could mean the difference between losing your wealth or growing it ... between suffering personal financial failure or triumph ... and between being financially dependent or independently wealthy in 2009 and beyond.

At this juncture, though, there can be no question as to what the answer is. Despite the government's Herculean efforts,

* The Consumer Price Index is falling at the annual pace of 12% per year ...

* The Producer Price Index — the best future predictor of consumer prices — is plunging at an annual rate of 26.4% per year, and ...

* Prices of key commodities are getting crushed.

BOTTOM LINE: DEFLATION is happening right here, right now, right before our very eyes ... and unless you have a clear strategy for surviving in this new environment, it WILL impact you; your income, your savings and every investment you own in 2009.