Showing posts with label 53 Trillion. Show all posts
Showing posts with label 53 Trillion. Show all posts

Saturday, February 23, 2008

Why will Dollar collapse?

A lot of news sources are predicting the very bad for US currency: the collapse of US Dollar. In this blog I will try to find all the points of view to this problem and to dig the best practices to avoid or minimize financial loss caused by collapse to an individual, but the first question which arises is why should US dollar - de facto world standard currency for decades would suddenly drop dead?

53 trillion direct and indirect debt obligations of the US Government. It's a big number! let's put it this way: 53,000,000,000,000! Get it? And it is growing every second, even when you sleep! Want to know more? Here is some info.

And here is the video interview with Comptroller General of the United States:



The Collapse of the Dollar and How to Profit from It

Crash Proof: How to Profit From the Coming Economic Collapse

The Demise of the Dollar... and Why It's Great For Your Investments

How to Survive the Dollar Collapse

The Dollar Crisis: Causes, Consequences, Cures