Weekly Financial, Economic & Market Wrap Up

Weekly Financial, Economic & Market Wrap Up

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Here's A Brief Overview Of This Week's Top Stories:

Countdown To Crisis: The Coming Economic Collapse

The Canadian economy stands on the brink of disaster, with experts predicting a catastrophic downturn that could dwarf the Great Depression. As the wealthy elite and powerful institutions tighten their grip on global finances, ordinary Canadians face an uncertain and potentially devastating future.

Historical Precedent

The stock market crash of 1929 serves as a chilling reminder of how quickly fortunes can change. Over three years, the market plummeted by 89%, taking two decades to recover. During this time, vast amounts of wealth were funnelled from average citizens to a select few, laying the groundwork for today's global power structures.

Recent Wealth Transfer

The past four years have witnessed another massive shift in economic power. While small and medium-sized businesses crumbled under pandemic pressures, big box stores reaped record profits. Countless working Canadians lost their livelihoods and savings, begging the question: where did all that wealth go?

Continue Reading: Countdown To Crisis: The Coming Economic Collapse


Is The Current State Of The Economy Keeping You Up At Night?

With all the economic and market uncertainty, you may have questions or concerns about your financial well-being. As a valued Lasting Financial Security subscriber, we are offering a complimentary portfolio evaluation to confirm if your current?investment strategy?will meet your financial objectives. To learn how we can help you fortify and de-risk portfolios against economic threats, inflation, and higher taxes, please email me at [email protected] or use my Calendly Link to book your private strategy session.

Canadian Business Owners Sound Alarm Over Capital Gains Tax Changes

In a letter to Finance Minister Chrystia Freeland, the Canadian Federation of Independent Business (CFIB) expressed deep disappointment over the federal government’s proposed changes to capital gains taxation. The changes, which include increasing the capital gains inclusion rate to 66.7 percent, have sparked significant concern among small business owners about their ability to retire and save for the future…

Continue Reading: Canadian Business Owners Sound Alarm Over Capital Gains Tax Changes

The Historical Failures of Fiat Currency (Paper Money) and the Case for Gold Ownership

As a student of history, I have observed that the past is rife with examples of fiat currency systems collapsing, prompting societies to revert to gold and other commodities as mediums of exchange. These historical instances highlight the vulnerabilities of fiat money and underscore the enduring value of gold…

Continue Reading: The Historical Failures of Fiat Currency (Paper Money) and the Case for Gold Ownership

Canada's Lost Economic Decade: Safeguarding Wealth Against Uncertainty

Canada's economy went from boom to bust faster than anyone could anticipate. Statistics Canada (StatCan) data shows slower-than-expected real gross domestic product (GDP) growth of 1.7% in Q1 2024, along with a downward revision for the previous quarter to just 0.1%. Rapid population growth has led to a sharp decline in per-capita real GDP, effectively rolling back to 2014 levels and indicating a lost decade of household progress…

Continue Reading: Canada's Lost Economic Decade: Safeguarding Wealth Against Uncertainty

Phase Two Has Just Begun: The Banks Are Collapsing

As the mainstream media focuses on other topics, a significant financial crisis is unfolding in the United States, and it's about to get worse. Economist Jim Rickards warns that we are entering phase two of this banking collapse, a situation that demands immediate attention and action…

Continue Reading: Phase Two Has Just Begun: The Banks Are Collapsing

Canada’s Housing Crisis: Excessive Leverage and Long-Term Risks

Canada's record population growth, combined with a significant slowdown in new home construction, presents a perplexing challenge. The Government of Canada (GoC) has pointed to legal and regulatory barriers, while confidential communications with lenders reveal deeper financial dynamics at play. The Canada Mortgage and Housing Corporation (CMHC) has been quietly extending the maximum amortization periods for loans, allowing repayment terms of up to 55 years. This move aims to stabilize the market by making it easier for borrowers to manage their loans, but it also raises significant concerns about long-term sustainability…

Continue Reading: Canada’s Housing Crisis: Excessive Leverage and Long-Term Risks

Navigating the Future of Real Estate Investment in Canada

In recent years, a significant number of Canadians have ventured into the world of real estate investment. According to Royal LePage, 4.4 million Canadians own a residential investment property. During the period of low interest rates between the financial crisis and 2022, these individuals were enticed by the prospects of cash flow, rapid price appreciation, and the entrepreneurial dream of becoming DIY property investors. However, the reality of renovations, maintenance, and tenant issues soon became apparent. The recent increase in interest rates has compounded these challenges, leaving many real estate investors seeking alternative investment avenues…

Continue Reading: Navigating the Future of Real Estate Investment in Canada

Canadian Real Estate Faces Uncertain Future Despite Rate Cuts

Canadian real estate markets have hit a standstill as interest rates increased, dampening buyer enthusiasm. Despite hopes that rate cuts would rejuvenate the market, a new analysis from BMO suggests that while sentiment may improve, affordability remains a significant barrier…

Continue Reading: Canadian Real Estate Faces Uncertain Future Despite Rate Cuts

A Partnership for Holistic Wealth Management

As a dedicated advocate for de-risking business, family and multi-generational wealth, I am partnered with one of the leading independent private wealth management firms. My team serves high-net-worth clients nationwide. We provide professional investment management and comprehensive wealth planning solutions from a fiducially focused, client-first perspective. We provide access to sophisticated tax-advantaged strategies and solutions traditionally reserved for the ultra-affluent.

We are driven by a "capital preservation first" philosophy. Our team generates consistent, tax-efficient returns uncorrelated to public markets. By leveraging our expertise, you are granted access to key industry professionals, gaining exclusive entrance into alternative investments such as private equity, private real estate, precious metals, commodities, government-sanctioned flow-through tax-efficient structures, and tax-minimizing corporate insurance solutions offered through mutual life companies. All are designed to fortify, secure and de-risk your family, business and estate assets against financial risk, economic threats, inflation and higher taxes.

To receive a complimentary digital copy of "Who's Investing Your Money?," email me at [email protected] or book a complementary portfolio evaluation with me through my Calendly Link.

The Custodial Model: An Additional Layer of Protection

In light of the revelations in David Rogers Webb's book The Great Taking, to further safeguard wealth, the firms I work with employ a custodial model, where client assets are held securely by an independent third-party custodian rather than commingled with the firm's assets. This crucial segregation of assets provides an additional layer of protection, reducing the risk of seizure or misappropriation in a financial crisis or institutional insolvency. The custodial model offers investors a safeguarded solution to help secure their wealth separately from the investment management firm.

Watch The Great Taking Documentary

Additional Resources:

Exploring the U.S. for Wealth Security

Amid economic uncertainty and high taxes in Canada, many affluent Canadians are considering relocating their wealth to the United States. The U.S. offers a more favourable tax environment and stronger asset protection laws. Peter J. Merrick, a renowned cross-border specialist, assists Canadians in navigating international wealth management complexities, facilitating seamless asset transfers to diversify holdings and safeguard their hard-earned assets from potential risks.

For Full Details, CLICK HERE

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