$79 – $199

GFC 2.0 The Next Big Drop - Melbourne Conference

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The Blackman

452 Saint Kilda Road

Melbourne, VIC 3004


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OFFICIAL EVENT WEBSITE: http://thenextbigdrop.com

On Saturday, March 2nd 2019, Melbourne will host arguably the most important and significant economic event in the state of Victoria for the 2019 calendar year, when As Good As Gold Australia introduces current Chief Economist and Former Liberal Economic Adviser, Mr. John Adams as the Keynote Speaker for their upcoming conference "GFC 2.0 The Next Big Drop".


Make no mistake, the world is headed into unchartered waters, experiencing unsurpassed levels of debt and long-term low interest rates. The US dollar is the world's reserve currency, but how can the world trust a currency, which is based on unlimited debt creation and money printing. The United States has been running budget deficits for over half a century, trade deficits for over forty years, and is now on the road to ruin.

The effect of the credit growth is not highlighted in official inflation figures, but has created high inflation or hyperinflation in asset values, sending the values of stocks, bonds and property skyrocketing. Credit expansion has created massive wealth for the minuscule elite and unprecedented private and public debt for normal people.

Today, most people in the world have little or no savings and have left themselves extremely vulnerable to a government that may default in its social obligations, which could include currency debasement, pension entitlements and free or subsidised medical care.

With the current state of the world economy, this could be seen as a likely outcome and the only way to overcome a 2.5 quadriliion debt and liability problem. Sadly, however that would introduce us all to an entirely different world, one that so few are prepared for and dare I say, particularly here in Australia.


This time will be different for Australians, because this time we will not be able to rely on China to come to our rescue. This time they have enough problems of their own, with spiralling debt to GDP, a devaluing currency and ongoing trade wars with the United States.

John Adams noted in February 2017 that "the hope for a soft landing and orderly unwinding of Australia's structural imbalances required domestic pre-emptive policy actions through gradual increases in interest rates and associated tax and welfare changes over a long lead time."

However, as John noted in July 2017, "unfortunately, the window for Australian pre-emptive policy action closed when interest rates around the world started to rise and volatility began to emerge throughout global financial markets."

In the twelve months since John made these assessments, not only have Australian policy makers not taken any substantive action to reduce Australia's chronic structural imbalances, but these imbalances such as household debt, houehold savings and net foreign debt have continued to worsen.

In Australia, in just the last few months, property values in Sydney and Melbourne have plummeted 5-10% in value, as the bank's lending criteria tightens and 70,000+ interest only mortgages begin to convert to principal and interest loans, increasing the borrower's monthly committment on a median property from $600-$800 per month. Many experts are now predicting a 20-40% depreciation in house values over the next 3-5 years. The current fall in house prices in Melbourne is the most dramatic in recorded history.

The world is now starting to see various scenarios beginning to play out, whether it be: runaway inflation or even hyperinflation in countries such as Argentina or Venezuela; and emerging currency crisis in Turkey, Indonesia and the Philippines; political instability and riots in Jordan over inflation and taxes or a potential sovereign debt crisis in Italy.

The Italian and Turkish situation has indicated how fragile the financial markets are and how quickly these markets can move. Within the space of 72 hours, the Turkish Lira depreciated 22% in value and gold soared 80% in value in the same currency.

John confirms that "future moves in the financial markets of this scale and speed have the potential to radically change economic conditions across the global economy within months, if not weeks." It remains most concerning that not only are many Australians and policy makers unprepared for an extreme economic event, Australians haven't braced themselves as to how quickly such an event may materialize.

3 time presedential candidate Ron Paul predicts that this financial crisis will be worse than the Great Depression, a full currency crisis, the likes of which we have never seen before.


This event is designed to provide you with the tools to prepare and prosper in these increasingly volatile and uncertain times, and deliver the missing pieces of the economic jigsaw puzzle.

The conference will be held at The Blackman and doors will open at approx. 11.15am. The conference will begin promptly at 12.00pm where you will hear from John, as he shares his views on what lies ahead for Australia in these increasingly volatile and uncertain times. Afternoon tea and refreshments will be provided.

More details are available on the event website at: http://thenextbigdrop.com


Is there an early bird ticket sale?

Yes, early bird tickets are available until the 21st of December for Melbourne and Sydney events. General admission tickets will still be available until all sold out or when ticket sales close.

How do I purchase tickets?

Tickets can be purchased online or over the phone, as we cannot accept cash or card on the day of the event. Please register online or over the phone prior to the event and bring your printed ticket or your smartphone with the QR code for scanning.

Is there any accommodation at the conference venues?

Yes. The conference venues in Melbourne and Sydney both have accommodation availability. Please call the venues directly and mention the event you will be attending to receive a discounted room rate.

Are there ID or minimum age requirements to enter the event?

No, however please bear in mind that this is a professional event and it is advisable that all attendees should be over the age of 18 years old.

Is there a dress code?

Yes, smart casual or business attire is acceptable.

What can I bring to the event?

Feel free to bring an ipad or notebook. The use of video cameras and recording equipment are prohibited, however you are allowed to take photos on your smartphone.

Will I need to bring my printed ticket to the event?

You may bring your printed ticket or your smartphone with the QR code for scanning.

How can I contact the organizers?

If you have any queries in regards to this event, please feel free to contact the organizers at As Good As Gold Australia on 1300 295 833 or admin@asgoodasgoldaustralia.com

Is there a refund policy?

Refunds are not permitted. In the rare circumstances where the event is cancelled, refunds will be distributed accordingly.

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Date and Time


The Blackman

452 Saint Kilda Road

Melbourne, VIC 3004


View Map

Refund Policy

No Refunds

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