The contraction phase of not having anything backing this inflated wealth will take 25 years of contracting to get back to sustainable levels.
Post Tagged with: "global currency"
The Fed is ruining YOUR economy
By keeping real interest rates negative the Federal Reserve is destroying the value of your money and raising the costs of everything. Economist Marc Faber explains the dire consequences on the global horizon.
Global economy in recession – Japan sinking
It should be very clear now that the global economy in aggregate is back in recession, … there has been scant attention to this possibility in media reports.
What Would the World be like without Cash or with one Currency
The idea of a digital money society or a one-world currency may capture sound bites on TV and the imagination of liberals and conservatives alike, especially when running for political office, but it opens a new Pandora’s box of ills that most countries are not yet equipped to resolve.
The United Nations Wants To Crash The World Economy In Order To Save The Environment
If the United Nations actually succeeded in implementing this agenda worldwide, it would crash the global economy and it would be the end of national sovereignty. Unfortunately, many of those that are promoting this agenda are absolute fanatics about it because they are convinced that they are saving the planet.
Chart of The Day: The Currency Collapse After A Euro Breakup
All these downgrades and rating warnings are not only putting further pressure on the debt crisis now going on for 2+ year, but is also sharpening the picture of a possible breakup of the Euro Zone.
Gold and Dollar Pop on Euro Debt Crisis
85% of international investors recently surveyed by Bloomberg said Greece will probably default, with smaller majorities predicting Portugal and Ireland will do the same.
Is Soros’s One World Currency a Leftist Plot?
[T]he one-world conspiracy goes back at least 100 years in its modern incarnation and probably longer. Soros hasn’t been alive that long. He’s a Johnny-Come-Lately relatively speaking.
Obama’s ‘reset’ foreign policy plan gets F for FAIL
“I’ll be honest with you. This is just really hard.” -Obama