"The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth, our work, our food, our government, even our relationships are affected by money.
No money in human history has had as much reach in both breadth and depth as the dollar. It is the de facto world currency. All other currency collapses will pale in comparison to this big one. All other currency crises have been regional and there were other currencies for people to grasp onto.
This collapse will be global and it will bring down not only the dollar but all other fiat currencies, as they are fundamentally no different. The collapse of currencies will lead to the collapse of ALL paper assets. The repercussions to this will have incredible results worldwide."
The following video gives some excellent reasons why you DO NOT want to be living in the five places it lists when the inevitable monetary collapse finally happens. The video's author argues it will happen this year-- by Fall at the latest. While that's certainly possible, I'm not sure that anyone can say with absolute certainty when the collapse will happen, just that it is very likely to happen very soon (easily within our lifetimes). Watch:
Editor in Chief, THL
Articles | Author's Page