Ross Powell is the founder of Survival 401k, a specialty financial services company that provides hard-asset based retirement account solutions and preparation recommendations. Please visit his website to explore the critical solutions that Ross offers. This article was originally published on US Daily Review: Italy, India, and Institutional Immolation
With 2016 almost in the history books, major developments in Italy and India have clarified and solidified several of the macro trends that have come to the forefront this year. This article is not intended to serve as a comprehensive review of these substantial situations, but it should serve as a primer and prism to help us understand what we should be focused on in geopolitical and financial terms as we move into 2017.
Italians recently voted on a referendum and by a wide margin rejected a sweeping spectrum of constitutional reforms. The obsolete media didn’t bother to inform Americans fully about this major decision, but it’s worth asking why the referendum should be significant in the first place. In normal times, this preservation of the status quo would typically be seen as inconsequential. However, we are not in normal times.