Survival Investing

How to prosper amid thieving banks and corrupt governments
by John R. Talbott
isbn: 978-0-230-34122-7
website: stopthelying.com

notes:
Basic premise is that global banks and world governments have been corrupted and are lying,cheating, and stealing from people. However bankers haven't been arrested because they write the laws, act as their own police force, banks are not transparent (very complex financial statements), traders occupy senior management positions (traders and trading rules dominate)

Teach investors how to deal with inflation.

Why stocks, bonds and money markets won't cut it.

Why diversification won't help; limits both up & downsides, assumes you don't have to do any financial analysis because all markets are inefficient

don't buy and hold

invest in real assets such as gold, commodities, land houses, office buildings, apartment buildings, small businesses which you can manage yourself which perform better relative to inflation

Traditional financial assets like stocks, bonds and treasury bonds do poorly relative to inflation.

Start thinking about measuring things in ounces of gold and you will get a much clearer picture of both the economy and your own financial position.

He believes that almost all of our economic, banking, education, environmental and health care problems result from world governments being more receptive to corporate and banking ideas than to the will of their people. They've been bought off by the highest bidder. Control corporate power in Washington by eliminating lobbyists and making corporate campaign contributions illegal.

Need to regain control of our government, break up big banks, place strict limit on the amount of leverage that banks can incorporate in their lending. What do we do with trade with low-wage countries such as China and India. The more freedom and liberty you give your people the more economic choices they have. As they control their economic and political lives, the more the developed the country, the greater the growth and the greater the prosperity.