Thursday, November 13, 2008

Heads Up, Then Back Down... The Dollar Will Collapse.

It was one thing when people, such as Ron Paul, Peter Schiff, & other economists, were warning everyone about the inevitable collapse of the dollar. It seems now, it will become more of the conclusion to this story of warnings.

Here is Peter Schiff on his show, explaining how it is now going to come and why:


How can this be so inevitable? Simply Put into a list:

1. No spending is being cut by the upcoming administration
2. Wars will continue
3. Foreign Policy will continue
4. Our bases all around the world will be kept in tact, including Iraq.

Our foreign policy consists of 700 bases in over 130 countries = Near 1 Trillion Dollars a year.

Taxing businesses more will only hurt the companies which employ the middle class. So you have to ask yourself, is there really a " change " coming about? No

Word of advice? Get out of the dollar.

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