Sugar Land, TX (December 28, 2010) – On yesterday’s nationally syndicated G. Gordon Liddy radio show, investment expert Kip Herriage revealed why the economy is worse than the government is letting on and what the average American can do now to prepare. Having been a highly successful Wall Street money manager and financial advisor for 15 years, Herriage knows fact from fiction. At the age of 37, he retired free and clear from the securities business to focus full time on leveling the playing field and making wealth-building knowledge available to everyone. “The inherent conflicts of interest on Wall Street make it virtually impossible for the average person to build any real wealth with traditional investments,” said Herriage, now CEO of Wealth Masters International and publisher of the Vertical Research Advisory investment newsletter.
A key point Herriage raised during yesterday’s live interview was that people need to educate themselves and think critically about the financial reports they hear from government officials and the mainstream media. He encourages the public to dig deeper into data like the Consumer Price Index and federal unemployment figures. “When you put a family’s real survival needs back into the equation, the dollar is steadily losing purchasing power,” Herriage asserts, “and the true unemployment rate is much higher than reported when you count the U6 metric that tracks folks who’ve been out of work or underemployed for more than a year.”
Along with other leading observers like Texas Representative and past presidential candidate Ron Paul – also a guest on today’s show – Herriage voiced concern that the government’s spiraling deficit spending and bailout policies will plunge America into a worse economic crash than the Great Depression. He recommends that everyone get ready now by becoming financially literate, reducing personal debt and adopting carefully researched contrarian investment strategies, rather than continuing to go along with the old investment paradigm. Wayne Allyn Root, a frequent guest host standing in for G. Gordon Liddy, is enthusiastic about Herriage’s message, saying, "Kip's VRA newsletter is a must read for every saavy investor. Disregard it at your own peril. His mantra is my mantra. Kip Herriage's newsletter is my financial Bible."
Herriage follows up yesterday’s appearance on the G. Gordon Liddy show with a live interview on CBS radio later this week and is in demand around the world as a guest media expert, author and public speaker on entrepreneurship, economics, investment strategies and global financial policies. His latest book, Crashproof Prosperity, which outlines many of the subjects covered on this morning’s G. Gordon Liddy show, will be available in January, 2011 (http://wealthjournals.com/crashproof-prosperity.html). The G. Gordon Liddy show is heard in 150 markets and on Sirius and XM Satellite radio – program archives are available on the web at www.liddyshow.com/programhighlights.
Listen to the replay HERE.