Wednesday , 17 August 2022

Economy

Pennies, Nickels and Dimes Are Essentially Rubbish! Here’s Why

When was the last time you saw someone pick up a penny off the street? A nickel? A dime? Nowadays, even bums often can’t be bothered to pick up anything less than a quarter. The U.S. dollar has become so debased that these coins are essentially pieces of rubbish. They have little to no practical value.

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Top 10 Videos For Week

Lyn Alden: The economy is crashing into stagflation... Edward Dowd: CV19 vax deadliest fraud in history … Jim Rickards : New kind of globalization is coming … Stanley Druckenmiller: The bubble has burst with a vengeance … and more.

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Shift From U.S. Dollar As World Reserve Currency Underway – What Will This Mean for America? (+80K Views)

Today, more than 60% of all foreign currency reserves in the world are in U.S. dollars - but there are big changes on the horizon...Some of the biggest economies on earth have been making agreements with each other to move away from using the U.S. dollar in international trade...[and this shift] is going to have massive implications for the U.S. economy. [Let me explain what is underway.] Words: 1583

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What Will Happen If (and probably when) the U.S. Debt Bubble Bursts? (+20K Views)

The madmen who are responsible for the coming economic disaster continue to behave as if they can manage to avoid it. Violating Einstein’s definition of insanity, they continue to apply the same poison that caused the problem. These fools believe they can manage complexities they do not understand. The end is certain, only its timing is unknown, and, once interest rates begin to rise, and they will, it's game over so it begs the questions "How much longer this can possibly go on?" and "What will happen to the U.S. and the world when it does?"

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The 5 Stages of Collapse: Financial, Commercial, Political, Social & Cultural – Where is the U.S. Now? (+23K Views)

Having given a lot of thought to both the differences and the similarities between Russia and the U.S. - the one that has collapsed already, and the one that is collapsing as I write this - I feel ready...to define five stages of collapse to serve as mental milestones as we gauge our own collapse-preparedness and see what can be done to improve it. Words: 2500

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What Would USD Collapse Mean for the World? (+26K Views)

I came to the conclusion several years ago that it was just a matter of time before the world realized that the relative functionality of the U.S. dollar was about to go belly up - to collapse. Below is an explanation as to why I have come to that conclusion and what I think it would mean for the well-being of the world.

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