The King of Debt is Making the Dollar Worthless Again.

in #market7 years ago

In this report I briefly cover the market action from London on Friday, December 29th, 2017 and then I look at the Trump administration policy of dollar debasement and why it is happening.

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The US, Europe, China (Just about all governments) are well past the point of no return. This is the greatest monetary experiment in the history of the world. Its mind numbing. No President, Republican, Libertarian or Democrat can solve it. Promises well exceed the ability to repay them, and its only a matter of when and which major currency will be first since they are all connected. All of these fiat currencies are going to experience extreme inflation or get replaced. The only thing we citizens can do is buy gold and other non-dollar denominated alternative assets, keep our local communities and families as safe as possible and grab a bucket of popcorn and watch the insanity.

Thanks Maneco64. Long time subscriber to your YouTube channel.

@kp138 Thanks for following me here too. Slowly migrating over to steemit. Have been posting here since August of 2016.

Thanks. I enjoy your analysis of the markets and world events.

Just curious as to why? Do you like Steemit better or are the economics better here than on Youtube for you?

Very good. Nice video.

The slaves dont need too much money, just enough to feed themselves!
Informative as usual, thanks.

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