In a recent interview byCapitalCosm, renowned investorJohn Rubino issued a stark warningabout the impending collapse of the global fiat currency system. Rubino, a seasoned expert in precious metals and digital currencies, believes that theexcessive debt burdens of nationsand thepotential for a currenc...
If fiat currencies collapse is will not be a short term disaster, simply due to the fall out of everything else that would be affected. Eventually some world wide currency that a gold standard can be fixed to will have to be sorted. That way all the different countries would have a poin...
Historically, when a nation’s debt exceeds its ability to repay even the interest, it can be assumed that the currency will collapse. Typically, governments exacerbate the situation by printing large amounts of currency notes in an effort to inflate the problem away, or at least postpone it....
It will be a systemic collapse centred not on an element of the private sector as was the case with Lehman, but of the entire government apparatus. With it will be a public realisation that the full faith and credit of government is the only thing that stands between the dollar’s va...
Almost as big a scam as fiat currency ? which many Bitcoin supporters suggest is likely to collapse before Bitcoin will and is the real scam run by central banks.? However, critics argue that bitcoin is not comparable to stocks as it has no intrinsic value (https://...
This week's ugly award goes to the short volatility products. These were supposed to provide consistent modest growth. Investors looking at past performance would have seen no reason for alarm. Individual investors lost 80-90% in the collapse and closing of these products. Many probably did ...
Most people understand that it’s not optimal to simply hold fiat currency, which the central banks continuously debase. So they put their money into other assets, primarily bonds and stocks. In other words, fiat currency and inflation have ruined saving for most people. It has...
Inferior economic thinkers have dominated American politics for the last 100 years. Short-cuts, cheap debt, and market manipulating policies will collapse the
The U.S. dollar is backed and guaranteed by the government, and there would need to be a significant reason to switch, such as a system collapse, a complete devaluation of the dollar, or an outright refusal by most of the population to use the dollar anymore. ...
Most people think that the Venezuelan economy is a basket case on the verge of collapse, and that has been a widespread belief for most of the last decade. But the South American nation has only run into serious trouble in the past two y... M Weisbrot 被引量: 0发表: 2014年 ...