U.S. Dollar: The Next Bubble to Pop
10/12/2008 § Leave a comment
China is going to stop purchasing US debt, US anything, even if it is still perceived as a double-edged sword……
…..the government and FED will likely create more money and debase the dollar to pay China, Saudi Arabia, etc. This is classic Austrian inflation and robs everyone who held dollars previously of their purchasing power, as surely as if a thief stole bills from your wallet.
GET OUT WHILE YOU STILL CAN!!