Owning productive land and physical gold is the best protection to the next Great Depression. According to top economists, we will experience within the next few years certain devastating events . On a scale never experienced before, the consequences of these events will be catastrophic for the whole world.

The world in coming years will suffer the dire consequences of the lack of ethical and moral values, lies, deceit, debt, excesses, and decadence. There will be many shocks and problems. The world is on its certain path to experience great turmoil.

This won’t be the first time when the civilization has to deal with such endless issues. In history there have been many periods when a strong economy has been transformed into money printing, massive debts, and war. We have seen numerous examples of economic collapse in regions like the Roman Empire or countries like Argentina. However, many of these cycles have been of a regional or local and of smaller magnitude. Never before in history have all regions and countries been simultaneously at risk of insolvency or bankruptcy.

British Debt TO GDP Has Reached 1008%

The UK has been the largest financial center in the world. However, today’s British economy is in the worst position, with a 1008% debt to GDP. Many other tier 1 countries from the developed world are about 400%. Switzerland, for instance, with a banking system with a great reputation is in fact at the top of the list as well.

Chinese Debt To GDP Has Reached 833%

In this century China’s debt has grown exponentially reaching $40 trillion from $2 trillion. In order to expand its GDP China has to grow its debt at increasing rates, like most debt based countries. For instance, since the year 2009, China’s debt has grown 3 times faster than its GDP. Experts estimate that Chinese debt to GDP ratio is around a massive 300%. However, if the debt to GDP is including all Financial Assets, then China’s debt to GDP ratio is 833%.

Japanese Debt To GDP Has Reached 657%

With 657% debt to GDP including financial assets, Japan is the third on the list. Its economy is totally bankrupt and has no chances to survive. The Japan’s national debt is estimated at Yen 1.013 quadrillion ($10 trillion). Another major issue for Japan is its shrinking and aging population. Due to the massive Japanese deficits and debt and population issues, it is likely that the country will experience a currency and economic crisis in the next couple of years.

The EU Disaster

The UK is likely not the only country to leave the union ruled by Brussels. Czech Republic, Hungary and Poland have also their own difficulties living with foreign rule. Due to one currency for all, another major problem is the Eurozone inequality. Spain, Italy, Portugal, and Greece cannot survive longer with a too strong Euro currency. Italy and Spain alone are most likely to bankrupt the European financial system. But so could France, Ireland, Portugal, and Greece. Even within the strong German economy Deutsche Bank, its bigger financial institution, has a derivative position and balance sheet exposure and that can lead to the demise of Germany and the entire European financial system.

Economic Cycle Has Turned To High Rates and Inflation

We live in the world tied to an ever increasing amount of debt. Herein lies the crux of the world economy and financial system. The global economy is long past the point where it can grow without any financial stimulus. The result is the same no matter what solution the global financial institutions would try. The reduction in stimulus started now by ECB and Fed will lead to the demise of the sick world economy. Higher rates will soon hit an economy that couldn’t even cope with negative or zero rates.

The economic cycle has turned and higher rates combined with inflation are next. There is nothing central banks and governments can do. Collapsing debt markets and collapsing currencies will provoke high rates in the tens at least and massive inflation. Since in the current financial system nothing is sound, virtual all nations are bankrupt. If we add to that unfunded liabilities such as medical, social security, and pension system, the situation is even worse. The tax revenues will collapse and will not be enough money for any of that. It will become difficult to pay for government expenditure such as transport, roads, defense, hospitals or schools.

All these known problems will shock the world soon and shocking events will come out of everywhere. What solutions can be found? If all the debt is written off, then all the assets supported by this debt will implode in value. We would experience a wealth destruction of great magnitude never seen before. It’s estimated that most financial assets would lose 90-95% in value or disappear all together. However, even if the debts will not be written off they will implode in value because there is no chance to ever be repaid. No matter the solution adopted, the consequence will be the same, assets and debt deflationary implosion.

Conclusion

The best protection to what’s to come is to own productive land as well as physical gold and silver. Gold and silver is the best insurance money can buy. Their prices will reach levels that you cannot imagine today.