Saxo Bank Chief Economist Steen Jakobsen paints a bleak picture of Australias economy.

According to his research the wheels are in motion for a recession in 2015.

Is time running out for the lucky country?

Will 2015 be the year Australia enters its first recession in 24 years?

It certainly feels likely right now.

Iron ore has plunged close to 50% in 12 months.

Oil sits at under $60USD a barrel its lowest price in over five years. Crude has crashed over 40% in the last six months alone.

The Aussie dollar is in freefalldown 20% in 18 months.

No other Western economy has gone this long without a recession.

The question is, what does this mean for Australian stocks?

In a brand new Daily Reckoning report, Publisher Kris Sayce shows you why Australia is at risk of a major and imminent downturnand reveals a strategy that you can adopt into your own portfolio immediately to help withstand what’s coming in the Australian economy and share market in 2015. He calls it the Recession Beating Action Plan .

If you manage your own money, or at least want to make sure youre up to date as possible with the threats to your wealth and how to prepare for them, get Kris report today. Youll learn:

• Two courses of action you can take right now to insulate your portfolio from the worst ravages of a recession: Many investors will ignore this wealth-shielding advice at their own perildont you be one of them. Discover the two specific action steps you can implement immediately to ride out the peak volatility of the upcoming recession.

• Recession Beating Beauties: Line your portfolio with these specific recession-resilient stocks and protect your wealth. They may be boring, but their businesses will keep chugging along through any economic downturn.
• How you can make a killing during the recession: did you know that half of Americas Fortune 500 companies were formed in recessions or depressions? A recession isnt all doom and gloom. Fortunes can and will be made during this downturn. Savvy investors who follow this advice will be front running the next big boom

Youll learn all this and more in Kris Sayces brand new report: Recession Beating Action Plan .

To get your free copy right now enter your email address in the box below and click Get my free report. Youll get a downloadable PDF file delivered to your inbox within the next five minutes.

But thats not all

When you claim your free Recession Beating Action Plan report youll also receive a free subscription to The Daily Reckoning. Australias leading source of independent investment ideas.

Edited by Greg Canavan, and with contributions from Vern Gowdie, Callum Newman and Bill Bonner, The Daily Reckoning brings you a take on the financial world you wont find anywhere else. Whether its about the stock market, superannuation, gold, oil, inflation, China, or the future of house pricesyoure guaranteed a different, irreverent, and refreshingly alternate point of view.

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