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They are not going to address the long term solvency problems of the United States. That’s going to trigger a massive decline in the dollar in the not-too-distant future, and that, in turn, will give us the early stages of hyperinflation in this next year.” Williams says, “We’re basically at a point where we can’t kick the can down the road. This is it. . . . Going forward from here, you’re going to generally see a weaker dollar, and it will get much weaker. You’re going to have a dollar panic
the Fed is currently setting the stage for the mother-of-all economic busts. We don't have an opinion on when the bust will happen and how it will unfold, other than we do not expect it to happen within the next six months and we do expect that it will be very different to the bust of 2007-2009.
reply to post by Ameilia
I have been saying this for over a 6 months in the next year the lowest wage earners.......Anyone under 12 dollars an hour will be rendered right out of this economy.
What that means is if you make under this amount you will not be able to feed or house yourself. So if you fall under this amount it is time to wake the heck up. And to everyone making over this amount trust me when I say this will touch you also. What happens when people can not afford to live anymore........EPIC.
This is not some prediction it is based in cold hard facts. Look around and you can see them for yourself. If you are not a so called prepper it might be time to start. The dollar is reaching the end game. It can not be stopped at this point.edit on 17-10-2013 by SubTruth because: (no reason given)edit on 17-10-2013 by SubTruth because: (no reason given)
Regarding being prepared. I went to the local Walmart today. I am not normally preferring to shop there, but for cans and things (anything not meat, dairy, or produce basically) they tend to be cheaper.