EconoBride
Read This Before Your Trophy Wife Takes Action Mentioned Herein
Mensa Member Robert Prechter has some timely advice for you if you have a bank account of any kind. In particular, he believes that all of your assets, including your bank account here in Calgary, are imperiled by the current world-wide financial crisis that startled the world with a stock market crash in mid-August 2007.
Robert Prechter attended Yale University on a full scholarship and graduated in 1971. In 1984 he won the U.S. Trading Championship, Options Trading Division, with a then-record 444% return. He has written numerous books, including Conquer the Crash.
In July 2007, Bear Stearns broke the news that their investments in mortgages had gone bust. That marked the beginning of a world-wide financial crisis that include:
- Canada’s Central Bank printing huge amounts of new money and the Canadian Loonie starting to deflate.
- Banks around the world closing down their mortgage lending departments and firing employees.
- Ominously for Calgary, the price of oil starting to dive and the price of natural gas hitting a new low for the year.
Where were you during Calgary’s last financial crisis, the Financial Bust of the 1980’s? Remember the long line up on 8th Avenue of customers trying to get their cash out of Principal Trust just before it went out of business? Remember the huge daily lists of builders lien, foreclosure, and tenant eviction actions posted each morning at the courthouse? How about the numerous divorces when trophy wives in Mount Royal suddenly discovered that their income sources had been "wrongfully dismissed"?
It looks like good times will be here again soon for Calgary’s foreclosure lawyers, not to mention their colleagues in the divorce department and insolvency-bankruptcy department.
Mensa Member Robert Prechter’s book, Conquer the Crash, sat idle on library shelves until now. The Calgary Public Library has 11 copies and most are now on loan. I expect a waiting list for it will soon develop that will rival the queue outside Principal Trust’s 8th Avenue office during the 1980’s Financial Bust in Calgary.
The first half of the book explains how and why the current Financial Bust is occurring. Skip that and go directly to the second half of the book. You can read the first half a few months from now – like when you’re waiting in line at your bank to get your money out. Or maybe while you’re waiting for your case to be called at the courthouse in a builders lien, foreclosure, tenant eviction or divorce action!
The second half of the book describes how to both survive and prosper (i..e get rich) during a world-wide financial crisis such as the one now underway. There’s valuable advice on what to do with your real estate, your art collection, your pension plan, your insurance, your stocks and other matters. Read it before your trophy wife finds out you’ve been wrongfully dismissed! Maybe you’ll get rich enough to trade her in for someone more loyal.
Visit Mensa Member Robert Prechter at
http://www.elliottwave.com/a.asp?url=/wave/tutorialclub/&cn=7lcf
(by Raymond T. Lee. See http://LeisurelyCashFlow.com. Notwithstanding anything said elsewhere, this item’s copyright and all rights of reproduction are held exclusively by Raymond T. Lee. All rights are reserved by Raymond T. Lee.)
