global debt crisis Archives - Rethinking the Dollar

The “Great Reset” and Plans for a Global War on Savings

Dec 9, 2020 | Economic Collapse

There is an enormous risk that governments will use the excuse of canceling part of their debt with a decision to cancel a large part of our savings…. Global debt is expected to soar to a record $277 trillion by the end of the year, according to the Institute of...

The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion

Nov 2, 2020 | Economic Collapse

The world’s central banks must take whatever paper governments issue. The result by the end of the decade will be… President Trump has said often that he had “created the greatest economy the world has ever seen, until the China virus came.” Maybe some people believe...

NIGHTMARE SCENARIO: The World Goes Backward 100 Years, Gold Assumes Its Crisis Role

Aug 8, 2020 | Economic Collapse

If the world retraces a century of evolution or more, it is clearly in for at least 50 years of very hard times… “Gold has no role in portfolio of wealthy clients” said the chief investment officer of Goldman Sachs’ private wealth management in the week that gold in...

FINANCIAL SYSTEM: A HUBRISTIC SWINDLE THAT ENDS IN ECONOMIC COLLAPSE

Jul 25, 2020 | Economic Collapse

The gold price will be fueled by four incredibly strong factors… Zeus punished the hubristic King Sisyphus to roll a huge boulder up a very steep hill in Hades. Before Sisyphus reached the top, the stone rolled down and he had to start all over again. Hubris is...

EXPONENTIALLY WORSE THAN 2008: WEIMAR & ZIMBABWE SQUARED IS COMING

Jul 5, 2020 | Economic Collapse

Many have feared that the precious metals will initially fall with stocks but this seems unlikely to be the case… Here is a joint statement from Lagarde and Powell at a secret G7 meeting with all Leaders and Finance Chiefs of the seven nations attending as well as the...