Economy: Fed's Numbers are Misleading

Economy: Fed's Numbers are Misleading-Image via Wikipedia

On yesterday’s nationally syndicated G. Gordon Liddy radio show, investment expert Kip Herriage revealed why the economy is worse than the government is letting on and what the average American can do now to prepare.

On yesterday’s nationally syndicated G. Gordon Liddy radio show, investment expert Kip Herriage revealed why the economy is worse than the government is letting on and what the average American can do now to prepare. Having been a highly successful Wall Street money manager and financial advisor for 15 years, Herriage knows fact from fiction. At the age of 37, he retired free and clear from the securities business to focus full time on leveling the playing field and making wealth-building knowledge available to everyone. “The inherent conflicts of interest on Wall Street make it virtually impossible for the average person to build any real wealth with traditional investments,” said Herriage, now CEO of Wealth Masters International and publisher of the Vertical Research Advisory investment newsletter.

A key point Herriage raised during yesterday’s live interview was that people need to educate themselves and think critically about the financial reports they hear from government officials and the mainstream media. He encourages the public to dig deeper into data like the Consumer Price Index and federal unemployment figures. “When you put a family’s real survival needs back into the equation, the dollar is steadily losing purchasing power,” Herriage asserts, “and the true unemployment rate is much higher than reported when you count the U6 metric that tracks folks who’ve been out of work or underemployed for more than a year.”

Along with other leading observers like Texas Representative and past presidential candidate Ron Paul – also a guest on today’s show – Herriage voiced concern that the government’s spiraling deficit spending and bailout policies will plunge America into a worse economic crash than the Great Depression. He recommends that everyone get ready now by becoming financially literate, reducing personal debt and adopting carefully researched contrarian investment strategies, rather than continuing to go along with the old investment paradigm. Wayne Allyn Root, a frequent guest host standing in for G. Gordon Liddy, is enthusiastic about Herriage’s message, saying, “Kip’s VRA newsletter is a must read for every saavy investor. Disregard it at your own peril. His mantra is my mantra. Kip Herriage’s newsletter is my financial Bible.”

Herriage follows up yesterday’s appearance on the G. Gordon Liddy show with a live interview on CBS radio later this week and is in demand around the world as a guest media expert, author and public speaker on entrepreneurship, economics, investment strategies and global financial policies. His latest book, Crashproof Prosperity, which outlines many of the subjects covered on this morning’s G. Gordon Liddy show, will be available in January, 2011 (http://wealthjournals.com/crashproof-prosperity.html). The G. Gordon Liddy show is heard in 150 markets and on Sirius and XM Satellite radio – program archives are available on the web at http://www.liddyshow.com/programhighlights.

About Wealth Masters International
Wealth Masters International is a Texas based L.L.C. who was incorporated in January 2005 and intends to take the company public within the next few years. They are in the forefront of promoting the greatest financial education that provides their members with a platform to securing life-changing wealth and lifestyle success.

Wealth Masters International markets to individual consumers looking for cutting edge, powerful solutions that assist them in every important area of their lives. In just a few short years, Wealth Masters has propelled itself as the leading company is its respected industry, due to their ability to combine both exceptions product utility with a Business Opportunity that is geared towards generating unlimited prosperity and financial freedom. Wealth Masters International has grown exponentially since their development four years ago, and they have been making a presence in the financial community and will continue to do so as they remain as the top tiered company in financial education.

Now is the time to join one of the fastest growing companies in the industry. Now is the time to actualize ultimate success in all aspects of your life with Wealth Masters International.

If you would like more information regarding this topic, please visit http://www.wmitoday.com or contact Wealth Masters International directly at (832)532-7655.

About Kip Herriage
Kip is best known as CEO and Co-Founder of Wealth Masters International, one of the world’s fastest growing financial education and consulting firms, with 35,000 members and operations in over 140 countries. He also publishes the acclaimed Vertical Research Advisory investment newsletter (http://www.vraletter.com). For 15 years, Kip was Vice President and money manager for one of Wall Street’s largest investment firms, successfully and ethically managing over $70 million in assets for high-net-worth clients.

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