This question is answered in 1978! It was answered by the finest economist of the 20th century; Milton Friedman.
His 9 minute message to the Mayo Clinic was as clear as it was prophetic.
We must repeal and replace The UN-affordable Health Care Act with a free market system and allow competition, lowering costs, increasing care quality, and offering the patient freedom to chose health care plans. No one should be forced to buy something they do not want or believe in, nor should they be forced to pay for benefits they will never receive. This can return the employer of our physician from the state and/or insurance company back to the patient.
This action allows the healthcare and insurance industries to grow without government manipulation or control providing investors with stock prices that are not manipulated. More competition on an equal playing field delivers better quality care at a lower cost. Competition works, control does not.
In our September InsidersPower newsletter, we detailed that the end of Socialism was coming and a global sovereign debt crisis was going to lead the way. The sovereign debt crisis is what led to the great depression and it is what is started again at the end of September 2015. It is expanding rapidly throughout the world now.
The latest polls show that most people who voted for Trump are satisfied. When the same questions have been asking about Hillary, the opposite response appears. The polls are actually showing that Trump would win a greater margin today than last year. This is interesting for it is confirming the collapse in socialized government with that began on September 30st, 2015. It was the start of the collapse in confidence in government. This cycle should intensify starting in 2018 running head long into 2020.
This is all good for the volatility in markets we see ahead. This is the same trend that produced BREXIT and just wiped out all mainstream parties in France.
Should you keep your money invested? Where should you invest? What should you buy? Should you own Gold? Should you own Stocks? The traditional Buy & Hold theory is going to wipe out millions of peoples retirements just like it does at the end of every debt cycle in history.
This is the video press conference in its entirety from the committee actually investigating everything.
Yes, there was no “wiretap” of Trump Tower. While the New York Times is desperate to cover everything up and focus only on that single word "wiretap" to claim Trump has no proof, behind the curtain everyone knows that Trump was spied on.
What is going on is the committee “invited” people with information within government to come clean and present info directly to the committee. To the shock of everyone, that is happening!
So people do not want to go down with the ship and they will give up others who have been leaking info to the New York Times and the Washington Post, which have been the mouthpieces for the Democrats and the anti-Trump movement.
So, this will get much more interesting as we move forward. Keep in mind that more confidence in government is undermined, include the mainstream media, the more likely we will see government bonds collapse.
Politics is the driving force in the current economic cycle.
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Livio S. Nespoli has been a broker, registered investment advisor, and financial publisher since 1985.