It almost happened in 2008… but as this excerpt from Casey Research’s Meltdown America documentary notes, it appears the US military is preparing for the potential collapse of the US dollar. As Scott Taylor warns, “…if the carrot (of credit worthiness) is fading, and the stick (of military threat) is weak, that empire is going to come down in a hurry…” which leaves a serial economic mis-manager only one option to ‘secure’ the empire. To see what the consequences of economic mismanagement can be, and how stealthily disaster can creep up on you, watch the 30-minute documentary, Meltdown America. Witness the harrowing tales of three ordinary people who lived through a crisis, and how their experiences warn of the turmoil that could soon reach the US.
http://www.caseyresearch.com/meltdown-america
RICHARD RUSSELL: “IN A MATTER Of MONTHS, I SEE THE DOLLAR CRASHING”
I think we are seeing the greatest transfer of wealth (West to East) in all history. China is amassing a huge hoard of gold while I don’t know how much the US and the English speaking nations actually have. The western central banks’ policy of selling gold to knock down the price is a disaster (and China must love it). The US will lose its reserve currency advantage within a few years or probably less time. Our defense against a weak economy is always to print more money. In a matter of months, I see the dollar crashing.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/22_Richard_Russell_-_The_Dollar_Will_Crash_In_A_Matter_Of_Months.html
U.S. Debt Clock:
http://usdebtclock.org/