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Devastating economic meltdown in 2016. The http://DRescapes.com team interviews Michael Pento about the state of the global economy, precious metals and Plan B planning. Pento does not hedge his predictions. The world and especially the United States is dead reckoning toward a financial collapse that will make the Great Depression look tame. Big time problems for anyone holding stocks and currencies that are not backed by real assets. He predicts the great Crash of 2016. But Pento also points out that this tragedy also offers opportunity. In this video he outlines three important steps that all Americans, Europeans and Canadians need to be taking right now to be on the right side of this mess. He offers advise that you will be very happy you heeded when you look back on this troublesome blip in the global economy. In this interview Michael Pento also discusses why it makes good sense to invest in some land to support a self-sustainable lifestyle and why citizenship and a 2nd passport are very valuable tools in your Plan B toolkit. He even gives us some hints on the best ways to hold precious metals for liquidity. For those few that might not know Michael Pento. He is the CEO of Pento Portfolio Strategies (http://PentoPort.com) and is widely quoted and interviewed on virtually every major financial news service, including Fox Business, Bloomberg, Wall Street Journal, USA Watchdog and most others. Keep checking the DR Escapes website and our Youtube channel for more expat interviews and tours of businesses and healthcare facilities of interest to future expats. If you have not subscribed to the DRescapes Youtube channel then you may want to do that today by clicking on the subscribe button. This is one of the fastest ways to keep up to date on all the latest video tours and interviews of interest to anyone considering a move outside of the US, Canada or Europe. If you have not subscribed to the DRescapes notification list, please do so by clicking http://www.drescapes.com/join/ . This is the best way for us to get you the information you need and to cover the topics that are most important to you if you ever want to explore living or retiring offshore. And finally, if you have not already participated in one of our free DYD Discovery Tours of the north coast of the Dominican Republic...... WHY? Heck, worst case you get to explore another beautiful part of the world and best case you will fall in love with this little rural village overlooking the ocean that has become home to so many other expats. Click http://www.drescapes.com/dyd-tour-details to sign up for YOUR own Discovery Tour. Michael Pento PentoPort Plan B Expat investment Expat Plan B Cabrera Dominican Republic Dominican Republic passport Global economic crash Crash of 2016 DR Escapes Retire overseas