No Time Left, Time To Move Away From The Dollar - Episode 1565a

in interest-rates •  7 years ago 

As interest rise the emerging markets are being demolished. The bonds that Argentina issued are worthless and they are looking to get a bailout from the IMF. Hedge fund investors are now shorting the market, plus they are saying many corporations are going down with the ship. Putin pushes the agenda to move away from the dollar, time is closing in on the economy completely breaking down and it seems Russia and China are ready to breakaway and be independent.

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Thanks again, Dave. Thank you for all your work and keeping us updated.

Thank you for the report!

I would like to see a GOLD or SILVER backed cash 💵 , because its liquidity is KING . You just can’t achieve the money velocity with a restrictive measure like cryptos . If there were an electronic Armageddon then what would you do❓CASH doesn’t have a problem once its in your possession . An electronic toy can be lost , stolen , or hacked . Can’t hack CASH . Still like blockchain and some forms of crypto out these , but only as back up to cash . Otherwise I guess we’ll all have to walk around like in medieval times with a little leather pouch full of GOLD & SILVER bits . LOL 😆