A Message from Porter & Company Editor’s Note: Porter Stansberry’s viral Breaking Point 2024 broadcast has now been by tens of thousands of Americans who finally understand the grim reality of our next election. With November 5 just around the corner, it’s imperative for your financial future that you read Porter’s message below now and then watch Breaking Point before it’s too late.
I don’t take any pleasure in being right. In fact, looking back, I wish I’d gotten it all wrong. In 2010 I first began warning that our government was adopting policies – namely, printing money to buy back its own bonds – that would lead to both a financial and a social crisis. I warned that, throughout history, societies that debased their currency to protect the ruling class always experienced a shocking rise in violence, disorder, prostitution, gambling, and other forms of anomie. It was true of Ancient Rome, true of the Ottomans, true of the British Empire and true of Weimar Germany… As these great empires corrupted their money to pay off their impossible debts, they were faced with a corruption of their own morality. In the decade that followed my warning, we accurately predicted not just the financial problems of higher prices and the loss of Americans’ purchasing power… We specifically warned that America would lose its AAA rating. We predicted the rise of violent protests like Occupy Wall Street, the Freddie Gray riots in Baltimore, and Black Lives Matter riots that followed. We told millions of people that America’s government would become vastly more dictatorial and would soon control how you lived, worked, and traveled – which no one believed – until all of those things happened too, in the spring of 2020. But I’m writing to you today because what’s about to happen next could be much, much worse than anything we’ve yet seen. Less like a financial crisis, and more like the brutal and violent collapses of the great empires I just named. In a special broadcast I recorded at my farm in Maryland, I put it like this: “The elites know what’s about to happen. They are quickly and quietly preparing for a crisis unlike anything America has seen since the Civil War. ” The full, and now viral, broadcast is here. It all comes back to the same force that has destroyed every great civilization in history. According to The Wall Street Journal, former President Donald Trump’s economic plan (tariffs, military expansion, and tax cuts) will cost $7.5 trillion in additional deficits over only four years. The newspaper says that’s twice as much as Vice President Kamala Harris’ plan for our country. But what no one has figured out yet these estimates are all based on increases to the rate of government deficit spending. These numbers don’t mean that the national debt is going to grow from $35 trillion to $42 trillion under Trump. Or maybe to “only” $39 trillion under Harris. What no one will say out loud is that these figures are in addition to the ongoing surge in mandated transfer payment spending. And those obligations mean the U.S. is already on track to rack up at least $22 trillion in new deficit spending over the next decade. This combination of out-of-control, unfunded, and legally mandated spending (on Social Security, Medicare, etc.) along with the new spending programs proposed by both Trump and Harris mean that more than $30 trillion in new debt will be added over the next decade. That is more or less double the amount of debt we owe today. Measured against the size of our economy, our debt is going to soar past all previous records, including during the Civil War and World War II. Some argue that you’ve never seen an America like this, where the middle class is destroyed by inflation. Where Americans begin fighting over federal spending – because without it, people will literally starve. Everyone believes that can’t happen in America. To that I say… Really? We’ve already seen the government lie to us about a virus and lock us inside our homes for months, bankrupting our businesses. We’ve already seen our government promote utterly delusional concepts around race and gender, programs designed to alienate our children and destroy our cultural heritage. We’ve already seen our government lie about wars and waste trillions on foreign occupations that had no hope of a successful resolution (how many wars have we now lost in a row?). We’ve already seen our government print tens of trillions of dollars, destroying wages and savings while lying the entire time about the root cause of inflation. And we’re about to see an entire presidential election happen without either major party bothering to address the single most important issue at stake in our country: Our government’s runaway spending and its growing control over every facet of our lives. In this important way, it means your vote won’t count. It means the outcome of the election is rigged to ignite a financial collapse, no matter who wins. The reckoning bearing down on America is bigger than the Fed… bigger than any individual policy… bigger even than the presidency itself. It is only a matter of time now until, one day, the U.S. Treasury market suddenly realizes that no amount of printing will stop the collapse: there will be “no bid” for our country’s bonds. And on that dark day, everything you think you knew about America will be completely gone. If you’re not ready for that moment, you risk being completely destroyed. So, if you haven’t yet, you owe it to yourself and your family to watch my emergency election broadcast with superb economist Peter St Onge. It’s free to watch – simply click here to see it now. Peter’s one of the very few credible economists (he works at the Heritage Foundation) who is willing to speak on the record about these very serious problems and how they put your personal wealth in immediate danger. The Roman Empire, the Ottomans, Weimar Germany… they all collapsed in financial ruin, with hyperinflation running riot. If you know your history, you’ll know that America today is the textbook definition of end of empire stuff. This is how we fall. The historical blueprint was written long ago. And that blueprint tells us what comes next for America will be a long period of suffering and monetary chaos. More violence between those who benefit from these forces (the elites) and those who suffer from them (almost everyone else). With the election weeks away… and early voting already underway… these excesses look set to ignite an inflationary spiral that could see American’s savings and purchasing power decline by another 50% to 70%. This will absolutely happen. And far sooner than most folks realize. Every economist knows it. But because the government controls the banks, the media, the credit-rating agencies, and most colleges – all the places economists work – not a single one of them will speak on the record about what’s about to happen. I’m speaking out because this is a matter of great urgency for you. There is a very brief window between now and election day for you to get your money on the right side of the coming collapse. This crisis will unleash one of the greatest transfers of wealth ever that sees trillions of dollars flowing from one side of the markets to the other. And that process is already well underway. Unfortunately, millions of people will be on the losing side of this transfer… but if you’re paying attention… and if you understand what’s happening and what’s really causing all of these problems, it could lead to transformational wealth. I’d like to share with you my #1 high-conviction stock to buy before Election Day… and details on the assets that could help you create wealth from these events, even as so many others watch their portfolios destroyed. Everything you need to know is here in my emergency election broadcast. There’s still time for you to move ahead of the coming collapse – but not much. Porter Stansberry 
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