Showing results for tag "economic collapse"
The personal freedom and economic well-being of Americans and Europeans are increasingly threatened by the very governments that were ostensibly created to protect them.
The Russians and Chinese will, at some point, bring an end to the petrodollar system.
Years from now, we may well look back on this period as being the turning point.
QE and low interest rates have not created the prosperity desired. A solution being considered is to create "negative interest rates."
Traditionally, bluster and braggadocio are not consistent with Chinese behavior. The Chinese tend to take a quieter, more thoughtful approach, one that employs patience and careful timing.
Jim Rickards talks to me about the sociopolitical effects of the coming collapse in the international monetary system, the petrodollar, and elite’s preferred outcome with the IMF’s SDR.
Jim Rickards talks to me about the coming collapse in the international monetary system, the petrodollar, and the elite’s preferred outcome—the IMF’s SDR.
Hyperinflation occurs in the people of a country. It is their reaction to a fear of the government and its depreciating currency.
If we wish to know what is coming politically, socially, and economically in jurisdictions such as the EU and US, we might have a look at countries like Argentina and Venezuela, as they are in a similar state of near-collapse (for the very same reasons as the EU and US) but are a bit further along in the historical pattern. Such a bellwether was seen in Argentina recently.
It’s a near inevitability that at some point the US will again enact official capital controls.
Like the US dollar that followed 1700 years later, the denarius was the most recognized and most respected currency of its day.
Capital controls are a favorite tool in a bankrupt or domineering government’s toolbox. You should be familiar with them and how to preempt them.
When a currency crashes, people turn to whatever is the next best thing, and they do it quickly, because they need to buy groceries and gasoline and pay the electric bill.
As the US and the EU approach their respective economic Waterloos, they will impose increasing controls on their people—laws that will serve to pen in the sheep as much as possible.
Any country that is considering waging war against another country should first consider that the loser is almost always the country that runs out of money first.
Should there be a currency crash, as is expected in many countries, promises made by governments will be abandoned suddenly, as though they had never existed.
In internationalization, each person creates his lifeboat through his personal choices—and by overcoming fear and change.
I believe we will almost certainly see both deflation and inflation.
Venezuela offers a "pre-screening" of the movie that is to play out in the EU and US.
Only hours after the Panamanian Government gazetted a new law, shock waves went through Panama's business community.
The bank robbers of a century ago have been replaced by the robber banks. And their partners, the governments, have unquestionably rolled out the red carpet for them to steal your wealth with impunity.
If we recognize that the sword of Damocles is indeed hovering above our own heads, we would be unwise to continue to sit below it and ponder whether the horse hair may break.
It is left to the reader to decide whether he will fall victim to coming events, or will use them as an opportunity to internationalize himself.
One of the first guests on the new Casey Research podcast was none other than Doug Casey, who spoke about the fascinating parallels between the end of the Roman Empire and the current scenario unfolding in the United States.
If you currently live in a country where rights are already eroding rapidly, you may wish to consider the potential for further loss, under the pretext of a "national emergency."
By considering Ron Paul's words on the petrodollar, we will know when the dollar collapse is imminent.
Recently, legendary crisis investor Doug Casey and I put our boots to the ground in Cyprus to search the rubble of one of recent history's most significant financial crises—the financial collapse and bank deposit raid in Cyprus—for incredible bargains. And we found them. We discuss in this newly released video.
With a second SWIFT system in place, combined with the end of the US dollar as the world's default currency, the US dominance over international financial system may well end.
Had Ludwig von Mises not internationalized himself, he would simply have been one more casualty of the oppression that followed and would be forgotten today.
Why a real government shutdown would be the best thing that could happen to Americans.
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