Images from Looper and the US Economic collapse

in looper •  8 years ago 

The dollar is going down folks. I know for most of you this means nothing but the reality of this will be slapping us in the face in the coming years. As I played out how this would effect the US economy I kept looking back at the movie "Looper" and how many images were the logical conclusion of a currency collapse. In this article I will grab some images and touch on some prep steps to encourage you to spur to action.

silver is money. With the dollar being printed to oblivion the world is gravitating towards precious metals. China has been hanging on to all of their gold and silver and being net importers. India has increased year over year imports by about 20%. Historically countries have backed currencies with something of value and so the perception of paper fiat as value can evaporate and have done so thousands of times in the past and unbacked systems only last about 40 years on average.

Silver is dramatically undervalued at the moment and financial advisers USED to recommend 10% as a protection from financial turmoil. This 10% allocation is also what advisor Jim Richards recommends.

the US adopts Chinese currency? this one I doubt but it does highlight the daily reality that the next two centuries belong to China. The Chineese have taken their fiat flexibility and bought giant ghost cities ( at the moment) where as the US has taken it's ability to pump out trillions and bought weapons. The Chinese have something to show for it as Ali Baba's Jack ma recently eluded to.

Beyond the solid infrastructure the Chineese have a back up plan of thousands of tons of Gold. Their plan is to back their own currency and trade mostly with Russia via the "silk road" and the "gold trade note" The chineese currency will become increasingly common in the world as it will be seen as a stable currency.

t

he US is becoming a 3rd world nation look at Detroit for example. What do you think about what happens to a nation with no
manufacturing, the greatest amount of debt of any nation on earths entire history, Once we lose banking status that's the final nail for us as far as the standard of living that we all laugh at ever going away. The dollar is already dead it just has not been shipped off to the crematorium

again the movie highlights China as enjoying a modern equivalent of US. In 202O at the latest the IMF plans to revalue the central currency (SDR) to be proportional to the Chineese economy and so what you can expect is a 50% devaluation of the US dollar at minimum in the coming years.

Now before we throw up Pollyanna denial just know that default currency changes hands every 40 years or so and it is absolutely our turn next. The Romans, Spanish, English have all carried the mantel and lost it. And 40 years of monetary mismanagement, 20 trillion in debt, and geo political bullying (to put it lightly) will get the privilege taken from you.

The only hope I see here is that the Chineese and their BFF's Russia are so easy going with us at this point. Everything I am seeing is they want to create a win- win relationship as our entitled superclass throws a tantrum with proxy wars and assassinations. On a personal level Gold, silver and bitcoin will see you through to the next system.

Stay Safe friends and be prepared!

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