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Just a few hours from now, Europe will awaken and go to work.

Its leaders will continue to resist the rapidly intensifying debt disaster tooth and nail. Its banks will continue fighting for their very lives. Its investors will do whatever they can to cope.

Here in the States, the week ahead is looking equally volatile.

Not only could bad news out of Europe crush our stock market at virtually any moment, but a blizzard of revealing economic reports will be released … any one of which has the potential to cause chaos — and huge profit opportunities — in the markets.

Just in the next five days alone, we’ll see the New Home Sales report and the FHFA Housing Price Index … Initial and Continuing Jobless Claims … and perhaps most importantly, a report on America’s durable goods orders (or lack thereof!).

We already know demand for home purchase mortgages just fell to a fresh 13-year low.

We already know that jobless claims just surged back above the key 400,000 mark.

And we already know that the economic gears in this country are grinding to a halt — with consumer confidence plunging to the lowest level since the end of the Carter administration.

So it’s reasonable to expect that the NEXT batch of news will be as bad — if not worse!

At a time like this, it pays to be prepared. And that’s precisely why we created America’s Financial Doomsday: Protect Yourself and Profit — our brand-new, blockbuster video — for you.

In this remarkable, brand-new video, we show you …

• Why the most dangerous phase of America’s great economic calamity is now beginning …

• Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

• The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

• Why most people who think they’re ready to survive this crisis have made the wrong preparations and could be even more vulnerable …

• Crucial self-defense: How to get through this disaster with your wealth intact, and …

• How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

PLUS, we reward you for watching with an entire library of volumes Dr. Weiss and I created to help you protect yourself and profit as this crisis continues to unfold:

No fewer than SIX emergency survival guides valued at $79 apiece — a total value of $474. Your cost for these guides:  Zero.

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All last week, I prepared you for this.

I showed you how America has made the same blunders that brought Europe to its knees.

And I prepared you for the ultimate crisis — the culmination of all the financial blunders our leaders have made and are still making.

Dr. Weiss describes this once-in-a-lifetime catastrophe in detail in America’s Financial Doomsday: Protect Yourself and Profit — and the Gala World Premiere of this all-new, blockbuster video is online NOW.

In this remarkable, brand-new video, we show you …

• Why the most dangerous phase of America’s great economic calamity is now beginning …

• Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

• The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

• Why most people who think they’re ready to survive this crisis have made the wrong preparations and could be even more vulnerable …

• Crucial self-defense: How to get through this disaster with your wealth intact, and …

• How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

PLUS, we reward you for watching with an entire library of volumes Dr. Weiss and I created to help you protect yourself and profit as this crisis continues to unfold:
No fewer than SIX emergency survival guides valued at $79 apiece — a total value of $474. Your cost for these guides: Zero.

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In the last five editions of Money and Markets, I’ve detailed how the United States has taken the same steps toward economic doomsday that have triggered Europe’s current financial nightmare:

First, Washington spent everything it could collect in taxes …

Second, it borrowed all it could from citizens and spent that as well …

Third, it borrowed even more from foreign governments, banks and investors and blew that, too …

Fourth, with the economy now slowing and tax revenues plunging, it has just called its own ability to pay into question …

And fifth, by burying the world in an avalanche of unbacked paper dollars, the U.S. Federal Reserve has declared war on the greenback’s value — and is stiffing the very investors we count on to continue loaning us money.

Now, a far more dangerous phase of this great crisis is beginning.

Barring a miracle in Washington, an historic, world-changing event is about to end the American way of life as we know it.

This monumental event will plunge vast numbers of families into the nightmare of poverty, homelessness and hunger.

In the worst case scenario, you will see soaring crime, the confiscation of property, the suspension of civil rights, and even martial law enforced by the U.S. military.

But while the vast majority of Americans will suffer, a select handful will use this crisis to build substantial wealth.

If you act on the easy-to-follow recommendations I’ll give you in our brand-new video — America’s Financial Doomsday — you could be one of them.

But investors who fail to see this crisis coming — or misread the handwriting on the wall and make the wrong kinds of preparations — stand to lose everything.

If you wait for Washington to save you,
you will be sorely disappointed.

In 2008, the last phase of this great debt crisis ended because Washington bailed out the largest failing companies. But this time around, there can be no giant bailouts!

Not only because everyone now knows they failed to end the great debt crisis in 2008 …

Not only because recently elected fiscal conservatives in Congress are sworn to oppose them …

But because there isn’t a government or institution on Earth that’s rich enough to save America now.

We lay it all out for you in America’s Financial Doomsday — the all-new video we created to help you protect yourself and profit. We show you …

> Why the most dangerous phase of America’s great economic calamity is now beginning …

> Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

> The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

> Why most people who think they’re ready to survive this crisis have made the wrong preparations and could be even more vulnerable …

> Crucial self-defense: How to get through this disaster with your wealth intact, and …

> How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

America’s Financial Doomsday is free — just click this link and the video will begin playing immediately.

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This morning, gold exploded more than $50 to over $1,881 per ounce — another new record high — just as I’ve been telling you it would.

WHY is gold on fire? Two reasons:

First, Europe is a basket case: European stocks just suffered their worst two-day slump since the 2008 recession.

After falling up to 6% and more yesterday, the European stock indexes opened down another 2% or more this morning.

Now, global investors are bracing themselves for the country defaults and banking crises that are almost sure to come.

AND SECOND, the U.S. economy is a mess, too: This morning, Citigroup and JPMorgan Chase announced that in the last three months of this year, the U.S. economy will grow LESS THAN HALF AS MUCH as forecast earlier.

Worse: In the first three months of 2012, U.S. GDP will grow only ONE-THIRD AS MUCH as earlier estimates — a mere 0.5%.

And given how wrong GDP growth estimates have been this year, many investors worry that the economy could actually shrink in 2012.

Just two days ago, for instance, Philadelphia Fed president Charles Plosser accused his colleagues of painting too negative a picture of the U.S. economy.

But yesterday, Plosser’s own bank — the Philly Fed — reported that its manufacturing index plunged to the lowest level in 2 ½ years.

On top of all this, our warnings of a new U.S. banking crisis are now being proved prophetic:

Bank of America just announced that it’s firing another 3,500 workers — in addition to the 2,500 employees who’ve already received their pink slips this year. Overall, banks fired 60,000 employees through the first week of August.

This is precisely why I believe
it is absolutely crucial that you watch
America’s Financial Doomsday immediately:

Our all-new video is shocking, to be sure.

So shocking in fact, that it’s probably unsuitable for some viewers.

But unlike the pabulum and propaganda you’re getting from Washington and Wall Street these days, it’s the gospel truth.

And some may even say that it’s what you need to see — right now — to protect yourself and your finances from the economic hurricane that’s about to strike our shores.

In this remarkable, brand-new video, we show you …

• Why the most dangerous phase of America’s great economic calamity is now beginning …

• Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

• The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

• Why most people who think they’re ready to survive this crisis have made the wrong preparations and could be even more vulnerable …

• Crucial self-defense: How to get through this disaster with your wealth intact, and …

• How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

America’s Financial Doomsday is free — just click this link and the video will begin playing immediately.

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So far in this series, we’ve seen how the United States has taken the same steps towards economic doomsday that Europe has; made the same blunders that are now bringing Europe to its knees:

First, Washington spent everything in could collect in taxes …

Second, it borrowed all it could from citizens and spent that as well …

Third, it borrowed even more from foreign governments, banks and investors and blew that, too …

Fourth, with the economy now slowing and tax revenues plunging, it has just called its own ability to pay into question.

Now, in its fifth step toward financial doomsday, Washington is cutting its own throat — by stiffing the very people who lend it the money it needs to survive …

Washington has declared WAR on the U.S. dollar.

When Fed chairman Ben Bernanke cranks up the printing presses, every dollar in circulation loses some of its value. The more the Fed prints, the more the dollar’s buying power plunges.

And the more the dollar falls, the less incentive foreign investors have to continue loaning us money — let alone to hang on to the Treasuries and dollars they already own.

For the past few years, the Federal Reserve has been totally, completely, and unambiguously out of control: It’s spewing out dollar bills like a malfunctioning ATM.

In 1999, to prevent the Y2K bug from torpedoing the banking sector, the Fed printed $73 billion.

After the 9/11 attacks, the Fed did it again — printing $40 billion in new, unbacked dollars.

But that was nothing compared to what the Bernanke Fed is doing now!

Since Lehman Brothers blew up in 2008, the Fed has flooded the world with a whopping $1.6 trillion in newly printed greenbacks!

That’s 22 times more than back in the Y2K days …

And a whopping 41 times more than the Fed printed after 9/11!

Moreover, Bernanke launched the $1.7 trillion QE1 program in 2009. Then he promised to print another $600 billion as part of the QE2 effort launched in the fall of 2010.

Neither money-printing escapade managed to spark real, sustainable economic growth or provoke a surge in hiring. All they did was inflate asset prices and send commodities through the roof — decimating Main Street America while enriching Wall Street fat cats!

But that isn’t stopping Ben. No sirree!

Bernanke and his buddies at the Fed just said they “discussed the range of policy tools” they have on hand and pledged they were “prepared to employ those tools as appropriate.”

That’s Fed-speak for “Watch out! It’s almost time to fire up the printing press again!”

Albert Einstein famously said the definition of insanity was doing the same thing over and over again and expecting a different result. But at the Fed, this insanity is considered sound monetary policy!

Look folks, if printing money was an easy, painless way to prosperity, wouldn’t every country in the history of mankind have just done it?

But we know what it accomplishes. We know that it destroys national wealth … and in extreme cases, helps lead to revolution.

Heck, it was the Weimar Republic’s disastrous money-printing campaign in the 1920s and 1930s that helped lay the groundwork for the rise of Adolf Hitler!

Is it any wonder the dollar just fell to an all-time low against the Swiss franc? Is it any wonder the dollar has plunged against the Japanese yen, or Singapore dollar? Is it any wonder that gold — the ultimate form of money — exploded to a fresh all-time high of over $1,822 yesterday?

Now imagine that you are a foreign investor. You own U.S. Treasuries. They are denominated in U.S. dollars. Your yield is paid to you in U.S. dollars. And when your Treasuries mature, your principal will be repaid in U.S. dollars.

But thanks to the Fed’s money-printing addiction, those dollars are losing their value at a rate that dwarfs the paltry yields you’re earning.

The simple act of buying a U.S. Treasury bond GUARANTEES you’ll lose money!

So how much longer do you think you would continue buying and holding U.S. Treasuries? How much longer would you continue throwing good money after bad?

Do NOT miss tomorrow’s special edition of Money and Markets for the shocking answer!

All of the steps we’ve examined this week are leading us inextricably to a monumental event that now threatens to trigger the ultimate financial doomsday — and plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger.

In tomorrow’s special edition of Money and Markets, I will reveal that final, catastrophic step for you.

Plus, we also lay it all out for you in America’s Financial Doomsday — the all-new video we created to help you protect yourself and profit. We show you …

> Why the most dangerous phase of America’s great economic calamity is now beginning …

> Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

> The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

> Why most people who think they’re ready to survive this crisis have made the wrong preparations and could be even more vulnerable …

> Crucial self-defense: How to get through this disaster with your wealth intact, and …

> How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

America’s Financial Doomsday is free — just click this link and the video will begin playing immediately.

Help us get the word out!
Click here and leave a comment
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Have you seen
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Click here to tell us what you think of the video!

We’ve just put the finishing touches on America’s Financial Doomsday: Protect Yourself and Profit — and the Gala World Premiere of this all-new, blockbuster video is online NOW!

Frankly, there couldn’t be a better time for the kind of hard-hitting information it contains. We’re seeing a stock market bloodbath in Europe: Earlier today, France’s CAC 40 was down 5.3% … Germany’s DAX was down 6.3% … Stockholm General was down 5.3% … the Swiss market was down 4.8% and Britain’s FTSE 100 was down 4.9%.

Here in the States, the carnage was nearly as bad, with the Dow, S&P 500 and the Nasdaq down well over 4%.

The economic news is even worse:

This morning, we learned that the inflation rate came in at more than DOUBLE expectations.

Plus, the Philadelphia Fed’s manufacturing index absolutely imploded in August — to MINUS 30.7 from positive 3.2 in July. That missed expectations for a slight decline to 2 by a country mile.

The new orders index plunged to -26.8 from 0.1, while employment slumped to -5.2 from 8.9. These are the worst numbers we’ve seen since the depths of the 2009 recession, bar none.

Meanwhile, existing home sales fell 3.5% to a seasonally adjusted annual rate of 4.67 million in July from 4.84 million in June. That missed expectations for a rise to 4.9 million and it was the worst since last November.

Plus, median home prices dropped 4.4% from a year earlier, while the supply of homes for sale rose to 9.4 months, also the worse since November.

PLUS, the U.S. consumer inflation rate just came in at more than DOUBLE expectations and gold is soaring to fresh all-time highs above $1,800 an ounce!

In this remarkable, brand-new video, we show you …

• Why the most dangerous phase of America’s great economic calamity is now beginning …

• Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

• The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

• Why most people who think they’re ready to survive this crisis have made the wrong preparations and could be even more vulnerable …

• Crucial self-defense: How to get through this disaster with your wealth intact, and …

• How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

America’s Financial Doomsday is free — just click this link and the video will begin playing immediately.

Best wishes,

Mike Larson

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The news out of Europe could not be more frightening:

Its debts are mounting as it bails out its most endangered states.

Its banks are stretched to the breaking point as they struggle to prepare for the default of member states they have loaned billions to.

Its most indebted nations are instituting severe austerity measures that take billions of euros out of the Union’s economy.

And now, Europe’s economy is stalling. Official data released this week confirms that GDP growth has plunged to its lowest rate in two years — a factor which can only choke off much of the tax revenues needed to pay back all those debts!

Just look at Greece. The country managed to get a $156 billion bailout in 2010, in part by promising to shrink its budget deficit.

But its deficit has instead surged by a third in just the first six months of this year alone. The culprit: Plunging tax revenue due to a deepening recession.

Then there’s Portugal. The country got its own $111 bailout. But the harsh austerity measures it required are leaving the economy in terrible shape, too.

The country’s own finance minister is projecting that GDP will shrink 2.3 percent in 2011 and 1.7 percent in 2012. Result: Tax revenue there will likely fall well short of expectations.

Germany is the largest economy in Europe — the growth engine of the European Monetary Union.

But Germany’s economy has hit the proverbial wall. Its GDP rose only 0.1 percent in April, May and June — a mere one-fifth as much as expected. Now, with its economy stalling, tax revenues can only plunge.

The trend is clear and could not be more disturbing: The sovereign debt crisis that at first struck only the PIIGS countries is now a contagion, threatening to crush the entire European Monetary Union.

Think That’s Serious?
Take a Look at the United States!

Our debts are mounting as Washington continues to spend money like there’s no tomorrow.

Our banks are stretched to the breaking point as they struggle to survive massive loan defaults.

Our most indebted states are instituting severe austerity measures that take billions of dollars out of the U.S. economy.

And now, America’s economy is stalling — a factor which can only choke out the tax revenues that are its lifeblood.

President Obama’s budget proposal from earlier this year assumed GDP growth of 2.7 percent in 2011. Then supposedly, GDP growth will accelerate to 3.6 percent in 2012 and 4.4 percent in 2013.

Now, though, it’s clear that the U.S. economy is slowing precipitously. We’re tumbling into a second recession already, just over two years after we technically emerged from the last one! And THAT will gut tax revenues just like the first great recession did!

Fact: In 2007, federal government revenue grew by 6.7 percent. But it then shrunk 1.7 percent in both 2008 and 2009. It wasn’t just federal revenue that imploded — and that continues to implode.

Reliable estimates suggest U.S. states are facing a cumulative funding gap between revenue and expenses of $527 billion from 2008 through 2013.

In October 2009, the Economic Cycle Research Institute’s weekly leading index was growing at a whopping 27.8 percent rate. But now that growth rate has contracted massively — down to an anemic 1.7 percent in early August. That’s just a hair from negative territory and it signals a sharp deceleration in the U.S. economy.

That’s not the only warning sign flashing red either. New home sales fell 1 percent in June after declining 0.6 percent a month earlier.

The S&P/Case-Shiller index of home prices also pointed to weakness, with prices down 4.5 percent from a year earlier. That was the biggest decline in 18 months.

Meanwhile, the ISM manufacturing index plunged to 50.9 in July from 55.3 in June, missing economists’ forecasts by a country mile. That was also the worst reading in two years.

Personal spending fell 0.2 percent in June, the first decline in almost two years. Incomes gained just 0.1 percent, the worst reading since last September. To top it all off, durable goods orders dropped 2.1 percent in June against expectations for a 0.3 percent rise.

Overall, GDP grew just 0.4 percent in the first quarter of this year, and 1.3 percent in the second quarter. How in holy heck are we going to get to 2.7 percent growth for the year, much less almost 4 percent the year after? Answer: We’re not! Not by a long shot!

One Massive Step Closer
to Financial Doomsday

So as we’ve seen so far in this series both Europe and the U.S. have followed the recipe for disaster that every failed economy in history has …

Our governments are spending all the tax revenues they receive …

They are borrowing every penny they can from citizens …

They are borrowing every penny they can from foreign investors …

Plus here in the States, our Fed has created trillions of dollars out of thin air to fight this crisis — and as a result, Washington just reported that wholesale price inflation is now raging at the annual rate of more than 7 percent …

And now with the cost of servicing their debt soaring into the stratosphere, their economies are slowing — a fact that can only cause tax revenues to shrink and debt to pile up faster!

If history teaches us anything, it’s that all of these steps are leading us inextricably to a monumental event that now threatens to trigger the ultimate financial doomsday — and plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger.

The Gala World Premiere of the all-new video
we created to help you protect your wealth
and to profit IS AVAILABLE NOW!

In America’s Financial Doomsday: Protect Yourself and Profit, we show you why the most dangerous phase of this great financial calamity is now beginning.

We document how you can expect this crisis to unfold — the disastrous events you can expect to explode into the headlines throughout the rest of 2011 and in 2012.

We detail the things you can do right now to help make sure that you and your family get through this disaster with your wealth intact and still growing.

And we show you how a handful of Americans will use this crisis to build substantial wealth — and how you can be one of them.

This blockbuster video became available to investors for the first time just this week — and already, it is garnering rave reviews from our readers …

SCARY, BUT TRUE!

“This video is scary, but I must say it is the truth.

I have been following the financial problems for some time, and I’ve got to say that you have been right on the money every time, so I rely on you for financial advice.”

— Jonathon C.

DIRECTION IN THESE TROUBLED TIMES!

“I, too, think it scary that we have sunk as far as this presentation portrays. But in watching the debt limit dealing I understand how we got here.

“Thank you for providing direction in these troubled times.”

— Layton P.

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Yesterday, German chancellor Angela Merkel and French president Nicolas Sarkozy met to discuss the crisis that is now pushing the Union to the edge of the abyss.

Their solution?

SURRENDER!

Many analysts were hoping they’d announce a new Eurobond to finance the bailout of their weakest members and largest banks. Others suggested they might extend the European version of our TARP — another way to save the banks.

Instead, the best they could do was suggest that member states work towards balanced budgets and debt reduction … to recommend a new tax on financial transactions … and to urge that the members have regular meetings.

They might as well have issued a statement saying …

We’re sorry — we’re totally out of ideas. Better brace yourself; this great sovereign debt crisis is about to get UGLY!

Little wonder that European shares plunged yesterday, taking U.S. stocks with them. Worse …

America is now in MORE DESPERATE shape
than the European Union is!

We’ve just put the finishing touches on America’s Financial Doomsday: Protect Yourself and Profit — and the Gala World Premiere of this all-new, blockbuster video is online NOW!
In this remarkable, brand-new video, we show you …

• Why the most dangerous phase of America’s great economic calamity is now beginning …

• Two reasons why America is actually in WORSE shape than Europe is right now — and why our great sovereign debt crisis is likely to be far more severe …

• The monumental event that now threatens to trigger the ultimate financial doomsday — and why it will plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger …

• Crucial self-defense: How to get through this disaster with your wealth intact, and …

• How a handful of Americans will use this crisis to build enormous wealth — and how you can too!

America’s Financial Doomsday is free — just click this link and the video will begin playing immediately.

Help us get the word out!
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Our big reliance on foreign debt began in the year 2000. Back then, Washington owed foreigners a total of $1 trillion.

The single largest loans came from Japan. In fact, at that time, the U.S. borrowed more from Japan than from Germany, the U.K., OPEC and China COMBINED!

Our leaders had already spent everything they brought in through taxes and other fees, but that wasn’t enough. They wanted to spend more.

So they borrowed everything they could from U.S. citizens. But that still wasn’t enough.

So the U.S. government borrowed much, much more from overseas — this time mostly from China.

And as a result, Washington now owes foreign investors over FOUR TIMES MORE than it did in 2000.

And today, China’s central bank is the supreme authority that decides on the fate of more loans to the United States than any other country in the world.

We have literally sold our birthright
— our right to control our own destiny —
to foreigners!

China now owns $1.16 trillion of our bonds. Japan owns $912 billion. The OPEC countries who keep us addicted to their oil hold another $230 billion.

All told, foreign investors own a hefty 47 percent of our marketable Treasury securities!

Result: In some ways, we’re no longer in charge of our own destiny! We’re at the mercy of our creditors!

And those creditors are unforgiving: They’re already cutting off other profligate countries like Greece, Ireland, and Portugal, and they’re in the process of doing so to Italy and Spain. France could be next, and I can only wonder how long it’ll be until WE’RE in the crosshairs!

In fact, you can already see investors backing away from our markets. Private, foreign buying of our long-term bonds plunged $18.3 billion in June.

That was the biggest drop in history, eclipsing June 2000’s $16.5 billion dump. If this keeps up, the only way we’re going to continue to attract investors is by offering higher interest rates — MUCH higher.

What are our so-called “leaders” doing in response? Are they taking drastic steps to fix the problem? No! They’re making things worse, by giving Uncle Sam the authority to run up even more debt — as much as another $2.8 trillion thanks to the debt ceiling authorization in August. It’s despicable!

Look, Greece’s 10-year note yield surged from 6.1 percent to 17.7 percent when its foreign creditors decided to pull the plug. Ireland now has to pay 9.6 percent to borrow for 10 years, up from 4.6 percent. Portugal pays 10.2 percent, up from 4.1 percent.

That’s terrible news for the European banks holding those countries’ bonds. Worse, the fallout from those increases is now clearly spreading throughout the euro zone!

On Monday of this week, we learned that the euro-zone’s GDP growth slowed precipitously in April, May and June — up just 0.2% since the first quarter of the year.

Export revenues plunged 4.7% in June, a huge one-month drop … manufacturing growth slumped in July … and economic confidence slumped to the lowest in almost a year.

Worst of all, Germany — Europe’s largest economic engine by far — reported its economy grew only 0.1% in the second quarter. Or in plain English, its recovery has almost ground to a halt!

Then yesterday, German chancellor Angela Merkel and French President Nicolas Sarkozy put the kibosh on rumors that the European Union might float Eurobonds to finance even more bailouts!

Not only that. They also made it clear that the EFSF — the European equivalent of our TARP slush fund — will not be expanded, which leaves heavily indebted Italy and Spain twisting in the wind.

Make no mistake: Europe’s great debt crisis is about to go critical mass — and when it does, you’ll get a telling sneak preview of what you can expect right here in the States, as well!

After all, the U.S. economy is already slowing precipitously. Higher interest rates would almost surely kill any economic growth that’s left – and they would leave the U.S. stock market a smoking ruin.

The Gala World Premiere of the all-new video
we created to help you protect your wealth
and to profit IS AVAILABLE NOW!

In America’s Financial Doomsday: Protect Yourself and Profit, we show you why the most dangerous phase of this great financial calamity is now beginning.

We document the monumental event that now threatens to trigger the ultimate financial doomsday — and plunge vast numbers of U.S. families into the nightmare of poverty, homelessness and hunger.

We show you how a handful of Americans will use this crisis to build substantial wealth.

And we give you the things you can do right now to help make sure that you and your family get through this disaster with your wealth intact and still growing.

This blockbuster video became available to investors for the first time just yesterday — and already, it is garnering rave reviews from our readers …

America’s Financial Doomsday is free — just click this link and the video will begin playing immediately.

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