Unfunded US mandate projections : 100 to 200 Trillion.
USA is bankrupt, they just on`t know it yet.
Ergo BRIC and the loss of USD as reserve.
Then the SHTF.
Unfunded US mandate projections : 100 to 200 Trillion.
...........
Yeah true.
But the fracking revolution has created 75-150 trillion dollars worth of new oil to back the dollar.
Look if you’re 60 years or older you’ll remember the 1970’s.
We’re on the reverse side of the 1973 arab oil embargo.
What happened to the price gold and oil over the next seven years. (If you didn’t live through those years...look it up.)
The opposite of those years is what the most likely scenario is for all the reasons I’ve mentioned above.