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Investment Principles: Investing in a 'Dependence Day' Era
Pinnacle Digest writes: The Independence Day many Americans once related to now makes little sense as 'Dependence Day' seems more appropriate. The reality that big government in America continues to quietly take away freedom from its people has arrived. Weak job numbers and lack lustre news from the global economy were the only birthday gifts for America this year. America and many nations in the west are approaching the end of the road and this fact needs to shape investment principles and how all investors allocate their resources in the years ahead.
Browne explains that for many of us the reality is simple: government has become too big, too costly and too aggressive. The recovery has been tepid at best and is fading now. Continued money printing and record low interest rates have sent our economy into a state of malaise. Citizens and investors are bored, depressed and waiting for something to happen.
It all comes back to over regulation in this writer's mind. It hardly matters whether one looks at the Eurozone or the U.S., massive regulation in the marketplace has smothered businesses and stifled employment. If an economic calamity is to come, many things owned will shrink in value, while those items needed, such as food, heath services, and energy will rise in price. As a global currency crisis becomes more probable by each passing month the writer declares lower taxes and smaller government are the answer.
"If this does not happen soon, the world risks a savage depression."
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