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Presented by: Eric J. Fry Editor of “The Rude Awakening” the-rude-awakening

The First Will Be Last… Or at Least a Distant Second. Presented by: Eric J. Fry Editor of “The Rude Awakening” www.the-rude-awakening.com. A Pictorial History of American Economic Trends… Our Story Begins in 1959. 1959. 1959 – America is the Economic Envy of the World.

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Presented by: Eric J. Fry Editor of “The Rude Awakening” the-rude-awakening

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  1. The First Will Be Last… Or at Least a Distant Second Presented by: Eric J. Fry Editor of “The Rude Awakening” www.the-rude-awakening.com

  2. A Pictorial History of American Economic Trends… Our Story Begins in 1959

  3. 1959

  4. 1959 – America is the Economic Envy of the World

  5. 1971 – Nixon Close the Gold Window and Inflation Accelerates

  6. 1986 – Federal Debt Tops $2 Trillion for the First Time

  7. 1992 – Federal Debt Tops $4 Trillion for the First Time

  8. 1996 – Federal Debt Tops $5 Trillion for the First Time

  9. 2009 – Federal Debt Tops $10 Trillion for the First Time

  10. “I think we’re closer to the end of the [credit crisis] than we are to the beginning,” Treasury Secretary Paulson April 30, 2008

  11. “Formula for success: - J. Paul Getty

  12. “Formula for success: Rise early, - J. Paul Getty

  13. “Formula for success: Rise early, work hard, - J. Paul Getty

  14. “Formula for success: Rise early, work hard, strike oil.” - J. Paul Getty

  15. The New “Permanent Portfolio” 1) Commodities (Including Gold) 2) Emerging Market Stocks (BIC) 3) Value Stocks Worldwide * IVA International * FPA First Pacific Fund (FPACX) 4) Liquidity – Volatility Dampeners

  16. “Risk comes from not knowing what you’re doing” - Warren Buffett

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