The Real Crisis For Washington And Wall Street

Slide1A major crisis is threatening the foundation of our government and financial markets. It is a calamity that has been festering for years and is now presenting itself as an increasingly destructive force. The magnitude of this brewing dilemma extends well beyond the government shutdown, the debt ceiling debate and the potential for another major stock market correction, as these are all merely symptoms of the larger problem. What is this mounting crisis? It is the complete lack of any personal responsibility and accountability among those individuals that direct and influence the major political and financial institutions both in the United States and across the globe. And until these leaders are finally held to task for their actions or lack thereof, the global financial system will find itself increasingly at risk of a potentially major cleansing event.

Please click on the link to read more of my article on Seeking Alpha.

This post is for information purposes only. There are risks involved with investing including loss of principal. Gerring Wealth Management (GWM) makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made by GWM. There is no guarantee that the goals of the strategies discussed by GWM will be met.

Published by Eric Parnell

Registered Investment Advisor

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