The collapse of the dollar will be the single largest event in human history. It will be the first event that touches every single person living in the world. All human activity is controlled by money. Our work, our wealth, our government, our food, even our relationships are affected by money. No money in history has had as much of an impact as the dollar. It is the de facto world currency. All other currency collapses will pale in comparison to this one. This collapse will be worldwide and it will take down not only the dollar but all other fiat currencies, as they are essentially no different. This collapse will lead to the collapse of all paper assets and the consequences to this will have inconceivable results universally.
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“UBS’ George Magnus believes the next global economic “crisis”‘ lightning rod will be the emerging markets and as Jim Rogers tells BoomBust’s Erin Ade in this brief interview, “the emerging market crisis has only just begun.” While Rogers is careful to add that there are lots of emerging markets - “some better than others;” he warns that “there are some serious problems out there and they are going to get worse.” Who is to blame? The Fed, of course – “by driving rates so low and providing as much liquidity as anyone in the world could want, the EMs have borrowed to cover up their real problems… be worried.” For Turkey, Indonesia, India, Brazil – this is not over yet – “they have serious problems and are not being resolved.” The major problem is the Federal Reserve: with interest rates at such low levels, people can borrow lots of money – and America is printing a lot of money so there’s plenty to go around A lot of countries have borrowed money at cheap rates which covers up their problems… they haven’t addressed their real problems; and so now, we have a huge problem facing us and it’s going to get worse. This is not over yet – you should be worried, be careful, and be prepared.” –
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Whats the goal? They want to reset the system, impliment tyranny, and gain control of our guns through executive orders and Martial Law. This is the key step which will precede this impending holocaust. The populace must be rendered defenseless in order for this administration to carry out its plan. Hitler, Stalin, and Mao all enforced it, and now the Obama administration has initiated their plan and is currently debating signing a gun confiscation executive order.
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Things are looking depressing for our country and an apocalypse is not around the corner….it is already here! It’s just a matter of time before it effects you personally and gets worse. As of yet, we are in the very beginning of its thrust.
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