{"id":7749,"date":"2010-03-22T08:58:18","date_gmt":"2010-03-22T12:58:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7749"},"modified":"2010-03-22T08:58:18","modified_gmt":"2010-03-22T12:58:18","slug":"take-time-from-march-madness-for-2010s-most-important-investment-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/22\/take-time-from-march-madness-for-2010s-most-important-investment-report\/","title":{"rendered":"Take Time from March Madness for 2010’s Most Important Investment Report"},"content":{"rendered":"

By EWI Editorial Staff<\/span><\/h3>\n

You got your brackets filled out before the NCAA Men’s Basketball Tournament’s \t\t\t\t\t opening game on Thursday afternoon. Good — now sit back and enjoy the \t\t\t\t\t games. But if you’re looking for a good read during the numerous and lengthy \t\t\t\t\t time outs, we’ve got just the thing. It’s the most important investment \t\t\t\t\t report you will read in 2010. Forget the theoretical and hypothetical \t\t\t\t\t sorts of analysis that occupy so much space online. Bob Prechter gives \t\t\t\t\t 22 real-life examples of how deflation is beginning to spread in the U.S. \t\t\t\t\t economy — along with 13 charts that make the examples even clearer.<\/p>\n

You want to know whether to prepare for inflation or deflation? This report will answer your questions. Read this excerpt to see what we mean. Oh, and try to forget that a No. 2 seed (Villanova) almost got upset in the first round and that Georgetown, a No. 3 seed, got beat by Ohio University,\u00a0a 14 seed.<\/p>\n

* * * * *<\/p>\n

States Are Broke and Approaching Insolvency<\/strong>
\n<\/strong>While state \u201cregulators\u201d clamp down on profligate banks, the same states\u2019 legislatures continue to blow money. For years, state governments have been spending every dime they could squeeze out of taxpayers plus all they could borrow. (The lone exception is Nebraska, which prohibits state indebtedness over $100k. Whatever Nebraska\u2019s official position on any other issue, by this action alone it is the most enlightened state government in the union.)<\/p>\n

But now even states\u2019 borrowing ability has run into a brick wall, because the basis of their ability to pay interest\u2014namely, tax receipts\u2014is evaporating. The goose\u2014the poor, overdriven taxpayer\u2014is dying, and the production of golden eggs, which allowed state governments to binge for the past 40 years, is falling. The only reason that states did not either default on their loans or drastically cut their spending over the past year is that the federal government sucked a trillion dollars out of the loan market and handed it to countless undeserving entities, including state governments.<\/p>\n

\u201cIt\u2019s hard to imagine what happens when stimulus money runs out,\u201d says a budget expert. (USA, 10\/29\/09) But it is not at all hard to imagine what will happen. Conquer the Crash<\/em> imagined state insolvency seven years ago. The breezy transfer of money from innocent savers to state spenders is going to end, and when it does, states will cut spending and \u201cservices\u201d drastically. They will also default on their debts, which will be deflationary<\/strong>.<\/p><\/blockquote>\n

Elliott Wave International’s latest free report puts 2010 into perspective like no other. The Most Important Investment Report You’ll Read in 2010<\/a><\/strong> is a must-read for all independent-minded investors. The 13-page report is available for free download now. Learn more here<\/a><\/strong>.<\/p>\n

Elliott Wave International (EWI) is the world\u2019s largest market \t\t\t\t\t forecasting firm. EWI\u2019s 20-plus analysts provide around-the-clock \t\t\t\t\t forecasts of every major market in the world via the internet and proprietary \t\t\t\t\t web systems like Reuters and Bloomberg. EWI\u2019s educational services \t\t\t\t\t include conferences, workshops, webinars, video tapes, special reports, \t\t\t\t\t books and one of the internet\u2019s richest free content programs, Club \t\t\t\t\t EWI. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By EWI Editorial Staff You got your brackets filled out before the NCAA Men’s Basketball Tournament’s opening game on Thursday afternoon. Good — now sit back and enjoy the games. But if you’re looking for a good read during the numerous and lengthy time outs, we’ve got just the thing. It’s the most important investment … <\/p>\n

Continue reading “Take Time from March Madness for 2010’s Most Important Investment Report”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7749","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=7749"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7749\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}