This bankruptcy will hit close to home

The Wall Street Journal reported this week that bankruptcies are expected to soar in the coming months, because of the way our economy has been completely disrupted since late March.

When we see offers from other publishers that might interest you, we pass them along. Below you'll find one from our colleagues at Stansberry Research. Please note that their opinions may differ from what you read in Money & Markets. This Bankruptcy Will Hit Close to Home Dear Loyal Subscriber, The Wall Street Journal reported this week that bankruptcies are expected to soar in the coming months, because of the way our economy has been completely disrupted since late March. Yes, this is a shocking turn for our economy—it's a pandemic that is causing massive suffering. But we believe this virus will eventually pass... and that there's an even bigger long-term story that's going to have a massive impact on you and your money over the next few years. In short: It's a terrifying (for some) new trend that is creating thousands of new millionaires (Barron's estimates 20,000 to 200,000 so far) while at the same time destroying the financial future for many others. The good news is, no one in America can do a better job of outlining what is happening—and more importantly, what you can do about it—than the founder of our research firm, Porter Stansberry. No one believed Porter years ago when he said the world's largest mortgage bankers (Fannie Mae and Freddie Mac) would soon go bankrupt. And no one believed him when he said GM would fall apart... or that the same would happen to General Growth Properties (America's biggest mall owner)... or that oil would fall from over $100 per barrel to less than $40 a barrel. But in each case, that's exactly what happened. And now, Porter says something new and even bigger is quietly unfolding in America (watch his video clip here): This trend involves an entirely new financial technology that's about to change everything. And this breakthrough has nothing to do with the "hot" new technologies the mainstream media is obsessed with these days, like electric cars, artificial intelligence, 5G, or robotics. It's actually much, much bigger. According to Stansberry: "This is not simply another evolutionary step in technology... it's a 'hard fork' — a change that happens, which can never be undone... which permanently changes entire societies." And Stansberry says it's going to cause tens of millions of people to lose their jobs... and at the same time make millions of others rich. Don't get left behind. Get the facts for yourself here. Porter went on camera for 10 minutes from our corporate headquarters to explain the full story, including the 3 steps he believes you should take right now. You can see exactly what Porter is saying on our website, right here... Sincerely, Mike Palmer Managing Partner, Stansberry Research P.S. Porter is not one to mince words. In just the first few minutes, he talks about one of the most "politically incorrect" subjects in America today. Don't watch if you are easily offended. Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliate d entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2020 Money & Markets. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096) Remove your email from this list: click here to unsubscribe