Our Society Unravels
Forecast: US Dollar Could Plunge 90%
"A financial crisis will likely send the U.S. dollar into a free fall of as much as 90 percent and gold soaring to $2,000 an ounce, a trends researcher said."
We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."
The only questions are how far and how fast. A lot of people are speculating that the collapse will be started by an attack on Iran but I believe it will be the other way around. We're in the financial bus plunge right now; an explosion of war in the middle east will most likely begin when it won't matter if there's a worldwide oil shock. But that's all speculation. The dollar's collapse is well under way and we're in uncharted waters.
"A financial crisis will likely send the U.S. dollar into a free fall of as much as 90 percent and gold soaring to $2,000 an ounce, a trends researcher said."
We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."
The only questions are how far and how fast. A lot of people are speculating that the collapse will be started by an attack on Iran but I believe it will be the other way around. We're in the financial bus plunge right now; an explosion of war in the middle east will most likely begin when it won't matter if there's a worldwide oil shock. But that's all speculation. The dollar's collapse is well under way and we're in uncharted waters.
posted by nolocontendere at 11:51 PM
1 Comments:
Thankfully, I've learned to get by without an automobile and have been riding a mountain-bike now for over a decade.
But the heating bills this winter are already soaring.
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