Dear Reader, Chances are you already know about Evergrande. China’s second biggest property developer is also the world’s most indebted company, owing more than $325 billion to creditors. When it collapsed in 2021, it left more than a million Chinese citizens with unfinished homes. Something eerily similar is happening in Australia. Porter Davis, one of Australia’s largest home builders, recently collapsed — leaving more than 1,700 homes unfinished. And it’s not the only one. Thousandsof construction firms also went under in 2023. According to world-renowned geopolitical analyst Jim Rickards’ eye-opening research, the collapse of these house builders is just the ‘small crack’ of a much bigger problem. A problem that he says could escalate in 2024. Jim’s worried that your wealth and standard of living could be derailed in the next 5–10 years. Which is why I encourage you to read his research. He reveals how the Australian economy as we know it could end soon…and the steps you need to take now to protect yourself when it does. Click here to access. Regards, James Woodburn, Publisher, Fat Tail Investment Research |