Porter Stansberry is predicting a major change in the American economic system.
No one believed Porter Stansberry years ago when he said the world's largest mortgage bankers (Fannie Mae and Freddie Mac) would soon go bankrupt.
And no one believed him when he said GM would fall apart... or that the same would happen to General Growth Properties (America's biggest mall owner)... or that oil would fall from over $100 per barrel to less than $40 a barrel.
But in each case, that's exactly what happened.
And now Stansberry says something new and terrible is unfolding in America: The "enslavement" of millions of Americans is leading to a political event that is unlike anything we've seen in our country in more than 50 years.
Stansberry says there's a surprising twist to this event, which will dramatically affect Americans and their money. In fact, Stansberry says this looming crisis will threaten everyone's way of life, whether they own a single stock or not.
Stansberry says this development, which is already underway, will change everything about the average American's normal way of life: where they vacation... where they send their kids or grandkids to school... how and where they shop... the way they protect their family and home.
Check out Mr. Stansberry's recent write-up on this situation.