How To Survive The Crisis And Prosper In The Process is a 148 page in-depth analysis of the crisis facing the US and global economy presented in March 2007 to The Positive Deviant Network, now available to you.
For a FREE PREVIEW of the first chapter at the POSITIVE DEVIANT SUCCESS Site
"Darryl Robert Schoon's thinking provides compelling evidence that America's generally accepted economic reality is a flat earth perspective." - Marshall Thurber, of counsel FisherThurber LLP, founder of The Positive Deviant Network
"..enormously helpful in understanding the fundamental changes which may well be coming to our economy and soon."
- David Steven, investor
"The sections on money and credit shine." - Professor A. E.
Fekete, Gold Standard University
Darryl Robert Schoon's quarterly commentary on the crisis facing the global economy $400 per year.
The collapse of global financial markets is caused by an evolving paradigm shift that is reshaping our world.
The return to parity between the East and West is part and parcel of a greater paradigm shift now underway - a shift that is rebalancing fundamental polarities on a global scale, a shift that is affecting not only global economic and political alliances but gender as well.
- Page 98, How to Survive the Crisis And Prosper In The Process
What's Next?
This article was written just prior to the announcement of the rejection of the bailout bill but has been qualified to reflect current conditions. Celebrate today's victory! It is a victory for all of us, whether we know it or not. Much thanks to Ron Paul and all the brave souls both Republican and Democrat who withstood their party's command and instead sided with us, the people of the United States of America.
Darryl Robert Schoon
From a Reader on 9/25/08: The town of 2,000 where I reside is functioning normally. The people haven't a glimmer or a clue or a suspicion of what America is facing and will be undergoing - it is painfully bizarre, almost maddening.
My "nightmare dreams" since January have concerned soon-to-occur events in the U.S. I cannot stop their flow. But I am often reminded of your prophetic statements made some nine months ago in the "Christmas on Threadneedle Street" essay. In your essay two salient and prescient paragraphs were written and both are relevant today:
The Killers Are With The Patient
There is nothing more dangerous than when those responsible for a nation’s troubles are believed to be its savior.
The Wall Street Journal had one fact correct regarding Wall Street’s accelerating collapse when on September 20th they wrote: When government officials surveyed the failing American financial system this week, they didn't see only a collapsed investment bank or the surrender of a giant insurance firm. They saw the circulatory system of the U.S. economy—credit markets—starting to fail.
In a credit-money system the constant infusion of increasing amounts of credit inevitably leads to higher rates of inflation. Because common knowledge of this fact is not in the best interests of those benefiting from the system, it is hidden away. And in the US, hiding the real rate of inflation is done the old-fashioned way, by lying about it. - Darryl Robert Schoon
See the best of our archived alerts under Classic Alerts.
On August 21, 2007, Darryl Robert Schoon delivered a talk before Session II of Gold Standard University Live (GSUL) in Szombathely, Hungary. Session II of Gold Standard University Live focused on the economic theories of the Austrian School of Economics, a school of economic thought based on free markets. Professor Fekete is a strong believer in these ideas. Darryl Robert Schoon's talk, Where We Are, How We Got Here, & Where We're Going" is available to you here as an audio download. - Click here.
DRSCHOON.COM features the articles of Professor A. E. Fekete of the Gold Standard University, a leading expert on gold and its role in financial markets and the economy.
Trouble Ass Relief Program (TARP)
As the precipitous drop of the Dow Jones index of industrial stocks to the 8600 level on Thursday shows, the $700 billion bailout is an exercise in futility. The rescue effort administers one wrong medicine after another. Shunting rotten assets to the balance sheet of the central bank is not the way to go. Consolidating banks through forced mergers is not the way to go. Cutting interest rates is not the way to go. These measures make the problem worse, not better.
All the remedies to check the burgeoning credit crisis that have been proposed or put into effect are based on misdiagnosis. This is not a sub-prime crisis or a real estate crisis. It was not caused by loose lending standards, or by the banks recklessly and aggressively increasing their assets.
