1. If you had invested in the top ten American companies in 2001 and held onto your shares, you would have lost money in seven of them.
  2. The US National Debt is growing at another trillion every few months.
  3. The collapse of Credit Suisse has left Switzerland with a bank which has $1.7 trillion of liabilities. If UBS went bust, Switzerland would be bankrupt.
  4. A saver who held cash from 2009 to 2021 would have earned a total of 6% on their savings. The official rate of inflation over that period was 39% and so the saver would have lost most of their purchasing…

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Source: Dr Vernon Coleman - MB ChB DSc Read the original article here: https://vernoncoleman.org/