Defense Stocks Are the Bulletproof Solution Against Economic Collapse

If you’re still wondering what to put in your portfolio to protect yourself from economic collapse, look up at the night sky for the answer. Space is about to create a trillion-dollar industry.

Never has the expression “the sky is the limit” been less relevant, at least when it comes to potential profits for the defense sector.

Now it’s official: the military space race has formally begun.

Vice-President Mike Pence made good on an earlier announcement from President Donald Trump, which many had considered part of his usual “tremendous” hyperbolic compliments.

And the Pentagon’s timing could not have been better, as the dark clouds of economic collapse start threatening to rain on the stock market parade.

What’s more, the timing is ambitious.

The Space Force is not a long-term project that will require years to pass through Congress and more regulatory approvals. It’s not even like the Star Wars project, formally known as Strategic Defense Initiative (SDI), which President Ronald Reagan launched in the 1980s.

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The Space Force Could Begin Operations by 2020

The Space Force is a new entity, separate from the armed forces, and it enjoys the full backing of President Trump.

Reagan’s Star Wars was always going to be a mere program to be managed by the Air Force. However, the Space Force will be an entirely new branch of the military.

Something like this had not happened since 1947 in the United States, when the U.S. Air Force (USAF) was inaugurated as a separate branch on September 18, 1947.

The USAF, thanks to the Cold War (which formally began in 1947), quickly rose to become the driver for the most expensive programs of all the armed forces.

Not surprisingly, the “F-35” fighter jet may well be the costliest single military program in U.S. history. (Source: “F-35 Program Costs Jump to $406.5 Billion in Latest Estimate,” Bloomberg, July 10, 2017.)