A ‘1930s moment’ is approaching, says the IMF

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by Scott Pape - January 25th 2012

I’m sitting in the Melbourne sunshine having a cuppa reading the newspaper in between meetings.

The front page of The Age covers the International Monetary Fund (IMF) warning that ‘the world will face a “1930s moment” of the kind that brought on the Great Depression, unless money can quickly be found to support nations such as Italy and Spain’.

I’ve been in the newspaper game for a while now, and I can tell you that this story is on the front page for one simple reason: fear sells.

And as Europe slowly comes to grips with the fact that there aren’t enough cookies in the cookie jar to feed everyone, expect to see a lot more fearful-front-page press.

But it’s not ruining my coffee break (although the overcast Melbourne weather may). As you know, I don’t pay attention to things outside of my direct control – and neither should you.

The fact is that more millionaires were made in the Great Depression than at any other time in US history. When the world undergoes massive change – which we’re experiencing right now – it brings with it massive opportunity.

Last night I was up late talking about this very idea on my regular gig for ABC Radio’s Nightlife program. I spoke for nearly an hour on the state of our economy, Europe, the best investments, and where interest rates are headed.

Click here to listen to the interview

Later this week for members of my Barefoot Blueprint investment newsletter, I’m unveiling the sharpest mortgage deals currently on offer – handpicked by the guy I trust to do my personal property financing.

The deals he’s come up with are 100% independent. In a special video presentation I’ll show you how you can use his information to save up to $40,000 on your home loan repayments.

I call it the Home Loan Fast Start Guide, and I can’t rave about it enough: the equivalent service would cost you about $1,600 if you got it fee for service, but if you become a Barefoot Blueprint Community Member, it’s yours free.

Since last year’s launch of the Barefoot Blueprint I’ve been inundated with positive feedback from valued members. And why not? My team and I have uncovered some of the best businesses in the country, and shown members the hidden power of long-term compounding – which can increase your returns 20-fold.

Now you could rip me off.

With no intention of staying on after the free 30-day trial, you could become a Barefoot Blueprint member, and get your free $500 worth of brokerage, download the Home Loan Fast Start Guide, cut and paste my solid share recommendations and wealth-building strategies, and still get your money back before the free trial ends.

But I’m not too worried. I truly believe that this is the best investment you’ll make in 2012.

And for the first time in 2012 we’re re-opening subscriptions for the Barefoot Blueprint.

If 2012 is the year that you take the next step, click here

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Follow @scottpape on Twitter



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Damien March 17, 2012 at 11:58 am

This Lagarde woman is pure evil. She needs to shut the window to her cheap money window and let these insolvent money junkies default, and yes that means passing on LOSSES to people who did not do their DUE DILIGENCE when buying assets. There are no guarantees in life, if you make a bad bet, you lose your money. All the problems we see right now can be summed up in 4 words: Too big to fail. Let them fail. That’s how capitalism works. You can’t just chuck more money into the system and expect prosperity, that just pushed up inflation. She is economic illiterate.

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