The truth is it was never a shock: Fred told the UK government about it years in advance.
Fred told everyone. Not many were listening.
Average house prices fall by almost 19 per cent. Over 600,000 homeowners are trapped in negative equity, and the unemployment rate nearly doubles. It’s a catastrophe. Exactly what Fred had forecasted would happen.
But don’t be fooled. There is another collapse coming. And this one is looking to be even worse for the world.
I frequently discuss the 18.6-year property cycle as the singular driver governing our global economy. According to Fred, this cycle hits a late 2026 peak before it ends in a 2028 global collapse for land prices.
Leaders are recycling policies that have failed time and time again. Natural disasters are devastating the planet and, by 2030, developing nations will be estimated to suffer climate-related costs of $580 billion dollars.
You might be thinking “Darren, what am I supposed to do with this information?”
In his upcoming book “Cheating: The Human Project and its Betrayal,” Fred explores the structural fraud that has allowed the minority to gain the value generated by the majority for over 5,000 years. He tells us that this next global collision is inevitable: there’s no time left to prevent that bust.
But there is hope for the aftermath.
Fred is calling for fiscal reform. That means a “Zero Deadweight” model that abolishes the taxes on your hard-earned wages. We’ve known the power of the land and its value for some time now. It’s the reason that Property Sharemarket Economics exists. By shifting that burden onto the land, society benefits. You benefit. Your children benefit.
That insane “land speculation” driving up housing prices in an unstoppable manner? It stops, instantly.
It is too late to be unprepared, that will not save you. We’ve seen what happens and now, the stakes are higher than ever.
Nowadays, most of society are feeling helpless. The younger generation have never faced such a bleak future when it comes to owning their own home. Those seeking a well-earned retirement are constantly having to put it off thanks to the ever-rising cost of living.
But there is hope. There exists an antidote.
That is why I write to you today to ask you to seriously consider getting your copy of Freds brand new book.
This book shows you how economic crises and societal decline are caused by systematic exploitation (cheating) of public goods. The collective potential of humanity is undermined by a legal and financial structure that prioritizes private gain over public welfare, what Fred labels the “coercive loss of land and natural resources.”
This is the inevitable sad outcome when this culture of cheating destroys natural habitats and communities. Thus, we all face a significant global economic crash due to these embedded failures.
Freds new book lays out the reason why systemic reform is now desperately needed to help restore more balance between nature and society. Finally, he lays down the argument that the solution lays with rent; taxing land values and retaining private earned income to fix the economic system.
This groundbreaking publication, quite possibly the last one ever written by Fred Harrison, is accepting pre-orders now with a release date due this May. Over 25 years of writing, Fred has been accurate in predicting the last two economic collapses that threaten the global financial system.
