Your Money Tips

Do you know what the secret cost of the bailout is costing US you and I? Not to mention the overseas investors around the world who are being struck by the global banking meltdown? I would consider myself well attuned to economic news. For some years now I have been getting by as a writer on offshore banking matters. It’s nothing new to me that the U.S. Dollar is falling. But something showed up in my inbox today that really made my jaw drop!

A shocking Economic Report

The following, and startling, facts are all based on a new report out from the National Bureau of Economic Research:

Simply put, the 2008 Economy bailout has cost the U.S. so far $8.5 trillion. Of course, this isn’t exactly news to the majority of the well informed. These figures exceed beyond most people’s imagination… which is how the US government got away with this whole scam in the first place. To completely comprehend these numbers, though, this article seeks to put them in context by comparing them next to to other major wars and government initiatives since the American Revolution. This is where I could hardly believe what I saw.

If we add it all up in today’s dollars, the total cumulative cost of all of the following major US government capital outlays since the American Revolution, they come to $8.1 trillion. That’s right, the end spending for the list below is less than the total cost of this year’s bank bailout.

Here are the wars and initiatives we are talking about, shown in order of cost from top to bottom:

1. The Second World War
2. The total budget of NASA
3. The Vietnam War
4. The Iraq War
5. The New Deal
6. The Korean War
7. The First World War
8. The Savings and Loan Crisis
9. Afghanistan/GWT
10. The Marshall Plan
11. The Gulf War
12. The US Civil War
13. The American Revolution
14. The War of 1812
15. The Louisiana Purchase

Yes that’s correct, you add up together the cumulative cost of all those things on the above list and the total is still less than the money the US has just spent on this year’s bailout! Check out this report for yourself to get more info on the real cost of the bailout.

Preserving your Assets Offshore: How to react

Rather than disturbing you, I would like you to see this information as a wake up call! The time to protect your assets offshore is now! It’s not only time to build security and wealth in a secure offshore environment for yourself and your loved ones, but also to ensure your privacy, so you don’t get hit hard later.

There are dangerous straits ahead, but if you seek out a reliable guide, there are great opportunities to profit from the crisis and you can create more wealth than ever before!