Half of the world’s wealth is about to lose most of its value

Investors are beginning to realize that they need to have their money under control. One of Warren Buffett many hidden quotes that stand out is: “Rule Number One: Never lose money. Rule Number Two: Never Forget Rule Number One”.  Though one must not take Buffett literally, in this case, we’re seeing something interesting happening now.  More than half of the world’s wealth is about to lose 90% of its value.  Here’s what I mean. Out of $400 trillion of total global financial assets, $200 trillion is invested in debt-denominated instruments or bonds. If we assume a 10-15% real inflation rate…...