How is the dollar going to collapse when competing currencies stand to collapse worse?
I’ve seen, on average, at least 2 articles a week making this prediction, or one very similar, since 2009.
He explains his reasoning in the video interview. Basically, the Chinese and Russians are putting alternatives in place to do so once the time is right.
“..How is the dollar going to collapse when competing currencies stand to collapse worse?..”
Strange as it may seem to some, this is a big part of our dollar insurance policy. As most know, only CONFIDENCE in the USA is what keeps value in the dollar. Been that way for a long time. This is why the 2016 election is so critically important....rebuilding that confidence is key.
In that case, there will be a period of deflation before the dollar experiences hyper-inflation where cash is king. It will be short-lived. Watch for it.
Former US based corporations are now multinationals, with ties to no country in particular.
If the US economy craters, these corporations have Europe, Asia, Africa, and Australia as a backup.
The US and the Americas are now simply a geographical region that will be bled dry, and disposed of when no longer profitable.
If you're not a part of this plan, you have relegated yourself to permanent poverty. Get the getting while the getting’s good.
There is no doubt that the dollar will collapse, but it will not be in the next year ten years or 20 years but maybe in 100 years when the world moves to another currency.