According to Richard Houston, you can be one of the educated few who turns an impending disaster to your own financial advantage—but only if you wake up and smell some very fishy facts. Without a basic understanding of the world’s money markets and the little-known machinations of how they work, you’re likely to fall victim to a long-running scam in which financial services industries and governments use your money to further their own wealth (and debt)—and keep you locked into beliefs and schemes that not only don’t serve your best interests, but are ticking financial time bombs. At the heart of this teetering house of cards, argues former mortgage-broker Houston, is the real estate property market—not the safe reliable arena investors have come to trust, but rather a Ponzi scheme built on quicksand. While this may sound preposterous at first, Houston backs up his points with vital explanations and background information that are actually common knowledge—if you just dig a little into the facts.
