EXECUTIVE SUMMARY
Will You Survive The Coming Financial Crash
2
© 2005 Kent Daniel Bentkowski
EXECUTIVE SUMMARY
The time has now arrived where things have gotten out of hand here in the USA, as far as
financial matters are concerned. If one listens closely, they will hear the increasingly
nervous whispers of the economists and financial experts. The USA is hopelessly bankrupt
--- a condition that has existed since March 1933 --- and this massive debt has now
begun to exponentiate itself. Those financial analysts who are being completely honest, all
agree that the coming financial crash will make the Great Depression of 1929-1934 look
tame in comparison.
Because of my specific education in the areas of finance and investment banking, I feel
compelled by moral responsibility to share what I have come to understand about this
situation. I have prepared this financial white paper in the interest of sharing what I know
and what my intuition and analysis tells me will be the likely outcome of this impending
and inevitable disaster. I have also provided in my analysis, several proactive solutions
that the reader may implement on the behalf of themselves and their family, so that they
may be spared from this forthcoming disaster.
While the facts of this matter are lengthy, the solutions all share the following in common;
fiscal responsibility and a measure of psychological restraint. My only hope is that by
reading the following analysis, the reader will come to understand the urgency of the
situation. Now is not the time to continue to deny and ignore the warning signs, as the
sad outcome of this denial may result in the complete financial ruin of the individual and
the ongoing financial stability and liquidity of their household.
The time of denial ends right here and now . . .
WHY PUBLIC EDUCATION DOES NOT TEACH REAL-WORLD MATH
:
Throughout my own years in public school, I relentlessly hounded the various math
teachers why they did not teach what I call real-world math. While there were mountains
of data and formulas to contend with and memorize in what they called new math --- not
a word was spoken about household finance; how to balance a checkbook, how to apply
the concept of economies of scale to budget for a household with varying numbers of
children, or how to protect oneself from being taken advantage of by the many banks,
lending institutions, and credit-card issuing banks. Whenever I would raise what I knew
were valid concerns, the math teacher would invariably find themselves embarrassed and
without a satisfactory answer.
By the time I arrived at high school, I knew in my heart that there were specific reasons
why I was not being taught properly in the subject of math. However, I would not put the
pieces together until many years later, when my wife and I were going about the process
of researching the purchase of our home. The scope of this white paper is to explain some
of the current fundamentals regarding the United States economy. I will also explain how
the reader can use this data to make intelligent decisions about their own financial
situation, even as the monetary situation in this country grows evermore perilous in the
months and years ahead.
