Three trends are driving the US towards an economic and dollar collapse
10/11/2008 § Leave a comment
Within the next month or two, these three trends will reach their unavoidable conclusion: a loss of faith in US debt and the dollar. This will produce something never before seen in modern economics: simultaneous deflation and hyperinfation. Foreign and domestic investors will rush move their wealth out of the dollar by selling US assets (Treasuries, bonds, stocks, etc…). The selling of US assets will accelerate the deflationary collapse we have experienced so far this year, and the move out of the dollar will drive up the costs of oil, food, and other commodities we consume.
GET OUT WHILE YOU STILL CAN!!