Posted on 13 February 2013. Tags: Bond Vigilantes, Central Banks, China, FACTA, FED, Gold Reserves, IMF, QE, SDR, Too Big To Fail, Trade Deficit, US Debt Crisis
We all know that the US dollar is losing value through inflation every year; in fact, the dollar has lost over 97% of its purchasing power over the last century. When “real money” (i.e. backed up with intrinsic value) was used, a cup of coffee in the 1920s costed about a few cents. In a […]
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Posted in Featured, US Dollar Collapse
Posted on 17 January 2013. Tags: Chinese Yuan, IMF, Reserve Currency, SDR, Trade Deficit
A reserve currency has never lasted forever and the US Dollar is no exception, especially considering its seriously grave trade and debt imbalances. A country can only go so far with its imbalances, and today the US is the largest debtor nation in the history of the world. The fate of the US surely lies […]
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Posted in Featured, US Dollar Collapse