The Inconvenient Truth on US Debt for the World to bail out!

The Inconvenient Debt Federal Bailouts
Economic Apocalypse (An Inconvenient Truth on US Debt)

Real scary video on Economic Apocalypse (An Inconvenient Truth on US Debt) ...Made in USA for the World to bail out!

They force the rest of World currencies to appreciate instead of devaluing US Dollar
But at the rate or printing money (with insufficient gold backing) will US$$$ become worthless?

Remember President Nixon administration threw away the Gold Standard (amount of printed money is backed by gold bars) and replaced it with US Dollar promising USA as the custodian of US Dollar will never print too much money!

Look what happened last year. A currency tsunami is waiting to happen...not IF but WHEN?

An interesting but frightening video presentation especially with the continuous decline of the US dollars against major currencies. Many think that the best solution for investors is to convert into precious metals, like Gold, Silver, etc..............is this the right move with possible adverse repercussions?

Category:

Education

Tags:

• Gold
• Silver