This one will be ugly and blamed on an event but it's been coming because of the QE unlimited and the QEs prior to the Unlimited. This house of cards is ready to come crashing down for real this time. This will make the 2008 one look like a joke. In reality our true debt to GDP is somewhere around 500% It doesn't matter that we are the reserve currency, this is why other countries are buying gold and getting rid of dollars for other strong currencies. This is why billionaires have all recently dumped their stocks. This is why you see FEMA camps and militarized police. Because they know it's coming and they know how "krunk" Americans can get. So whether you like it or not, this is how they have do deal with American badasses. Imagine paying almost $10 for a gallon of milk because the dollar is shit. And that's just the 40% devaluation in the beginning. Once that happens all countries will get rid of their dollars and our dollars will be worthless. Meaning, you're fucked.
And that's my tinfoil hat article of the week.
thank you for saying this... about time someone has.. people have their collective heads in the sand for way too long now watching the kardashians..
I agree 100% but have a couple questions:
1) if the dollar is devalued which I believe it would be wouldnt that drive up commodity prices like you say ($10 for milk) but yet also CRASH the market UP because all stocks will do is reflect the same worth but in the devalued dollars? Like if the Dow is 15k at the current dollar valuation - wouldnt the Dow go up to 100,000k if the dollar was worth less because it would then take more of the same dollars to buy a share of stock?
2)Do you believe there is a safe place in the US or safer place in the US to be when this all plays out? Is there a country or section of the world that you believe that wont be affected by the US economy crashing?
New World Order coming to a town near you..... so sayeth the Georgia guidestones and "new world airport commission" in Denver...
Pretty sad that people wont wake up until its too late