"The wealth management industry does not exist to make you wealthy. It exists to make them wealthy,"- Porter Stansberry

Printing money to pay for unsustainable agendas has created a society plagued by income inequality and loss of purchasing power, creating a dangerous situation with no way to exchange labor for assets because the money is corrupted.

Add inflation to the mix, and the loss of purchasing power and income inequality has been further exacerbated. At the same time, the social contract in America has been so distorted most individuals are burdened with pursuing someone else's agenda on a daily basis.

Is the United States on a path toward financial and social collapse as a result?

Porter Stansberry is a renowned financial expert, author, and speaker with over 30 years of experience in the financial industry. He is the Founder of Stansberry Research, one of the world's largest independent financial research firms, and the boutique investment research firm Porter and Company. Porter is the author of the New York Times bestseller "The End of America" and is widely regarded as one of the most successful investment analysts and advisors in the business.

Today on "The Wiggin Sessions," Porter joins me to share his views on the current economic situation in the United States, including his thoughts on inflation, the decline of the US dollar, and the potential societal consequences of these issues.

He discusses the impact of war and military spending on the economy and its role in benefiting certain individuals and industries.

Listen in to gain insights from Porter on investment strategies, including those in the energy sector, and his knowledge of the new OPEC, which provides a promising opportunity for investment gains in the oil market.

Key Takeaways

How the government's reliance on lies (and a need to keep printing money) has created an alternate reality that will eventually lead to a financial and societal collapse

How the current state of the economy and monetary policy is leading us toward bankruptcy

How the rapid erosion of wages and savings is putting the US on a path toward societal problems like increased desperation, prostitution, and gambling

History repeats itself: why every society in history that has relied on paper money has eventually failed (and what happens next)

Why inflation is likely to continue and will not be contained (and why you need to plan your financial strategies accordingly)

Why Porter believes it's best not to get involved in the conflict between Russia and Ukraine

How the depletion of the Strategic Petroleum Reserve and China's economic situation presents an opportunity for investment gains in oil

The high-yield opportunity for experienced investors in corporate bonds, speculative companies, and securities 

Connect with Porter Stansberry

Stansberry Research

Porter & Co.

Porter on LinkedIn

Porter on Twitter

Connect with Addison Wiggin

Consilience Financial

The Wiggin Sessions on Facebook

The Wiggin Sessions on Instagram

The Wiggin Sessions on Twitter

Resources

Porter's Prediction

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