How to Climb Out of Debt and Prepare For Collapse

Some forms of debt are like shackles on your wrists, keeping you from taking needed action.


EVG Research Team here, and we want to share a story of how one EVG member fixed his credit and lowered his debt burden - freeing himself to start taking action on other EVG strategies before the economic collapse hits us.


(Click here to find out how EVG members are preparing to survive and thrive during the crash.)

Because now is NOT a time to be tied down with debt; not when the global economy has sprung a leak and quickly sinking.

Not with...

* Unemployment stubbornly high, only falling when people quit looking for work.

* Broke nations asking for more bailouts from other broke nations...

* And the world’s largest central bank, the Federal Reserve, promising to print money to infinity.

That last point - infinite money-printing from the Fed, or QE3 - should be the loudest and clearest signal that there’s no time to spare. The next economic crisis very well could happen in 2013.

If debt is all that’s keeping you from getting prepared, The Elevation Group has strategies to help you eliminate that debt. Including improving your credit to lower your payments.

EVG member Jeremiah H. did exactly that...

"Phenomenal! By following Anthony's advice, I was able to improve my credit scores by 40, 60 and 70 points in only 3 months. He also removed 7 negative items from my reports. This was HUGE!
I was able to refinance my auto loan which saved me $6,455.63 over the life of the loan!! Because of what I learned from working with Anthony I got out of an 11.9% interest loan (yes...my credit was BAD at the time) and into a 3.7% loan."
~ Jeremiah H.


Great job, Jeremiah. By working with EVG and fixing your credit, you were able to pay less in interest... meaning there’s more money available for you to invest intelligently before the crash.


With a better credit score, you might even be able to take on some long-term, fixed-rate, low-interest mortgage debt. Debt that will be eaten away by inflation if the Fed keeps printing money - like they’ve already promised to do.

You did the right thing, and we hope other EVG members will follow in your footsteps.
Fixing your credit is easy to do, if you know the right strategies and who to talk to.

Otherwise, if you just do a Google or Bing search you’ll be hit with pages full of nothing but schemers. Schemers who know they can make a buck from preying on people down on their luck.

Fortunately for EVG members, we give you the names and numbers of the credit specialists we’ve personally vetted... and one who has even worked with EVG founder, Mike Dillard, to maximize his already high credit score.

Here’s what it has done for Jeremiah H. and his future...

"For me, everything in The Elevation Group is great right now. Its helped me lay out a step-by-step strategy for my near future. Now that I've worked with Anthony, I plan on working with Paul Haarman next while purchasing silver and gold in the meantime. Within the next 6 months I want to go visit Tom Wheelwright, the gentleman who helps with tax strategy. Now I at least have a clear vision of the future and can concentrate on what my next steps are."
~ Jeremiah H.


Jeremiah didn’t let his debt or poor credit score keep him from taking action. Instead of moping around and hoping for “next time,” he took action with The Elevation Group.


With all the terrifying signals the global economy is sending right now, we highly recommend you watch this free webinar. It’s the same webinar that Jeremiah watched immediately before joining The Elevation Group.

Click Here to Watch the Free EVG Presentation


Your Partner in Prosperity

The EVG Research Team

Ron Paul: No More Bailouts! Banks Should Be Allowed to Fail…

by Ron Paul

Supply and Demand - Free Enterprise

French businessman and economist Jean-Baptiste Say is credited with identifying the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted to operate. Or in Say’s words, “products are paid for with products.”

English classical economist David Ricardo, among others, more fully developed this principle into what has become known as “Say’s Law.” Say’s Law, according to Ricardo, leads us to understand that market equilibrium for goods is constant. This simply means that markets, when left alone by government planners or other fraudulent actors, inexorably tend toward an “equilibrium price” which eventually balances supply and demand for any particular good. Thus markets will clear themselves of any surpluses or shortages in the form of excess supply and demand.

This important corollary of Say’s Law– that markets clear– is critical to understanding the moribund US housing market. In housing, perhaps more than any other good, we see the terrible consequences of government and central bank interference with market forces.

Increase The Money Supply

First, the Federal Reserve Bank relentlessly increased the money supply over the last few decades. Much of this newly created money and credit flowed from Fed member banks into the residential and commercial real estate markets, causing prices to rise dramatically prior to the housing bust of 2007.

At the same time, the Fed systematically suppressed interest rates for decades. This led to tremendous malinvestment both by homebuilders and individuals, and encouraged a seedy subprime mortgage industry to make nonviable loans that would not make economic sense under market interest rates.

Give Credit to Whom Credit is Due!

Congressional meddling in the mortgage market also added tremendously to the problem. Inane legislation like The Community Reinvestment Act literally forced banks to make thousands of loans to bad credit risks. Similarly, Fannie Mae and Freddie Mac put taxpayers on the hook for millions of mortgages that never would meet market underwriting criteria. And of course the real estate and homebuilder lobbies made sure mortgage interest debt (unlike most personal debt) remains tax-deductible.

The ultimate result of these interventions by our caring friends in Congress and the Fed has been the biggest housing bubble and crash in US history, leaving millions of Americans underwater on their mortgages if they have not already lost their houses altogether. Congress and the Fed are directly responsible for millions of shattered lives, and almost unknowable economic damage in the form of trillions of dollars in mortgage backed securities.

Banks will Close Their Doors

The only solution to this mess is to allow the US housing market to clear. All of the bad mortgage debt must be liquidated, whether via foreclosure or bankruptcy. Banks holding substantial mortgages or mortgage backed assets must face the music and adjust their balance sheets to reflect today’s reality. Undoubtedly this will force many banks into immediate insolvency, but such banks must be allowed to fail without receiving another nickel of taxpayer money. Banks took the risks and made money during the bubble years; those who exercised bad judgment must now accept the consequences of their actions.

Never in American history have we needed to adopt a policy of laissez faire more desperately; never has government seemed more determined to artificially prop up an industry. But only by allowing the housing market to clear can we hope to rebuild our shattered economy from a stable foundation. Clearly there will be pain in the short term, but we owe it to younger Americans and future generations to allow the reemergence of a rational housing market.

Original source of articel from: http://www.ronpaul.com/2012-10-29/ron-paul-no-more-bailouts-banks-should-be-allowed-to-fail/

Find out what the ultra rich are doing to hedge themselves against economic collapse.

The Next Market Crash is Required by Law‏

Out of all the things the US Congress has done, this might take the cake.

And as it stands, the United States government has outdone itself by...

* Racking up 15.6 trillion in debt, more than any other nation in history.

* Promising to pay out $62 trillion over the next several decades with money it doesn’t have.

* And allowing the Federal Reserve to print so much money that high inflation is guaranteed - and maybe even hyperinflation.

But if you thought those were bad. Just wait until you hear about ERISA, a law passed in 1974 that almost guarantees a coming stock market crash.

We mentioned the law recently:

"The stock market crash triggered by 70 million boomers being forced (by law) to pull out their funds can happen any minute now."

And it brought this question...

What do you mean forced (by law) to pull out funds from the stock market???? Please explain how a law would force us to pull our funds out of the stock market. -Phyllis M

Let me explain...

ERISA stands for the Employee Retirement Income Security Act of 1974. And it is the bill that brought us Individual Retirement Accounts, or IRAs.

Since then millions of workers have been stuffing money in their IRAs. That's nearly 40 years of savings and wealth pouring into these accounts.

The Employee Benefit Research Institute says 1/4 of all retirement assets in the US are locked up inside IRAs. That's a huge number.

And here's where it gets dangerous. Almost half of all the wealth inside IRA funds are invested in the stock market (48%).

Why does this matter?

Because...

ERISA Threatens Retirees With Losing 50% of Their IRA If They Don't Exit the Stock Market

Once a retiree turns 70 and 1/2 years-old, starting the next April 1st they must start withdrawing at least the required minimum each year... or else they must pay a large penalty.

So what happens if a large demographic starts turning 70 all at the same time... like the baby boomers will starting in 2016?

Half the apple pie leaves the market! The 48% of IRA funds invested in stocks just start walking.

It is the definition of a mass exodus.

And That’s Just One Reason to Stay Out of Stocks...

There are plenty more. Including the fact that you’re playing against computer algorithms created by Goldman Sachs.

Stocks are not a fair game, and savvy investors know it.

That’s why our EVG lessons focus on precious metals, the “Bank of You,” real estate and other investment vehicles the middle class never hear about.

And we hope you’re taking full advantage of these lessons.

With a pending stock market crash and massive wealth transfer right around the corner, you can’t be too prepared.

To look for more ways to profit from the coming economic turmoil, consider jumping back into lesson 1:

How To Profit From The Greatest Wealth Transfer In History

This article is reprinted courtesy of The Elevation Group. To find out more, please visit their website at:http://theelevationgroup.com