Award-winning financial planner reveals the truth behind Australia’s so-called ‘miracle’ economy
That’s what mainstream headlines have screamed about Australia’s 28-year recession-free run.
You’ve probably seen them yourself.
But…is Australia’s record-breaking growth spurt really a ‘miracle’?
Or is there something else — something far more murky — responsible for Australia’s supposedly unblemished economic record?
To clue you up and expose the real story behind Australia’s economic good fortune is Vern Gowdie.
Vern spent 20 years managing money for wealth clients as an award-winning financial planner.
He was one of a handful to predict the 2008 crash. Advising his clients to exit the markets mere months before the carnage hit.
And in a brand-new Rum Rebellion special report, Vern exposes what he says is the truth behind Australia’s so-called ‘miracle’ economy. And why our three-decade spurt is nothing more than a mirage.
Now, we don’t want to give away everything on this page (you need to download Vern’s report for the full story). Suffice to say — you’ll be shocked by the data Vern has dredged up.
For example, did you know Australia’s total debt — the money we owe (including all private and consumer debt) — weighs in at a hefty $7.2 TRILLION?
Every minute we’re adding another $1 million to that total. Yes, $1 million in new debt EVERY MINUTE. Our nation’s debt load increases by about $130 billion, every three months.
Or how about this: according to Roy Morgan Research, the REAL combined unemployment & underemployment rate is closer to 20%. More than SIX PER CENT higher than the figure quoted by the government.
And that’s just the tip of the iceberg, reader.
Vern has more disturbing information to spill in his new report: ‘28 Years of Growth: The Aussie Economy’s Miracle Ride’.
Download it now and you’ll discover:
- HOODWINKED! Why Australia’s ‘miracle’ economy is a farce: Politicians have long talked up Australia’s apparent economic strength. You’ve been told we haven’t seen negative growth since 1991. But is Australia’s 28-year economic ‘golden run’ real? You’ll be flabbergasted by Vern’s findings.
- Why the Australian economy could soon ‘do a Japan’: There’s eerie similarities between Australia’s economy today and Japan’s economy just before it entered a decade-long recession. Could the same happen to Australia? Vern shares his view. Full disclosure: it’s NOT pretty.
- Australia’s $7.2 TRILLION ‘Black Hole’: Australia’s total debt has ballooned by a factor of 10 over the last three decades. In 1990, total debt stood at $810 billion. Today, it’s mushroomed to more than $7 trillion. And it’s growing by $130 billion every three months! What does this debt ‘black hole’ mean for the economy, your livelihood and the future of your family? Vern paints a bleak picture…
You’ll learn all this and more in Vern Gowdie’s brand-new report: ‘28 Years of Growth: The Aussie Economy’s Miracle Ride’.
To get your free copy — right now — enter your email address in the box below and click ‘Send My FREE Report’. You’ll get a downloadable PDF file delivered to your inbox within the next five minutes.
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Edited by Greg Canavan, Selva Friegedo and Vern Gowdie, The Rum Rebellion brings you a take on the financial and political world you won’t find anywhere else. Our editors write about the stock market, gold, fake news, political hypocrisy, China, interest rates, and various big picture themes and viewpoints that don’t see the light of day in the mainstream media.
Underpinning these views is our (pragmatic) libertarian take on the world. We believe, for the most part, governments should let people live their lives with minimal interference, and tax us less. The less money the government has, the less damage they will do to the economy.
Whatever the daily essay covers…it will be from a unique, irreverent and refreshingly alternate point of view.
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All advice is general advice and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.
Calculating Your Future Returns: The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in this report are forecasts and may not be a reliable indicator of future results. Any potential gains in this do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency.