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Tag Archives: dollar collapse

  • Podcast

    John Rubino: Out of Good Options

    We've borrowed too much for too long
    by Adam Taggart

    Saturday, October 26, 2013, 7:43 PM

    35

    In this week's podcast John Rubino provides an excellent explanation of why governing has become such hard sledding of late for our politicians. Since they have enjoyed an ever-expanding pie so far in their careers, they don't have any professional experience of prioritizing spending, which the sluggish economy is now demanding of them. They are, simply put, the wrong people for the job.

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  • Blog

    Free Podcast

    by Chris Martenson

    Sunday, June 21, 2009, 9:06 PM

    0

    Here is another gem from the archives – a podcast called Subscriber Questions. This early podcast contains a lot of information that is still relevant months later, and it is well worth a listen.  I am making this podcast available free to all registered users.  In this podcast from February 2009, reader questions are addressed, including the following topics and more:

    • Investing in foreign currencies
    • A potential dollar collapse and what that would mean
    • Inflation vs deflation
    • What to do in your community about foreclosures
    • Investing in gold (why and when to get out)
    • The risk of having loved ones far away in these times

    Consider it my Midsummer’s gift to you.  I am enjoying my summer vacation tremendously and hope you will have a similar opportunity for rest and rejuvenation in your own life.  Take some time out soon to visit with and value your relationships with friends and loved ones.  Near or far, they are an important part of our individual support systems and far-reaching personal communities. 

    Summer gatherings are a great time to talk about the Crash Course with friends, neighbors, relatives, and other people you care about.   The easiest way I know to do that is to use the latest DVD version of the Crash Course, which breaks the material down into more bite-sized units, with additional framing at the beginning and end of each disc and an accompanying booklet which can help guide you in hosting a viewing.

    If you don’t think people will be receptive to the whole message, go gently in conversation with them.  Encourage them to take personal actions toward increased self-sufficiency.  Encourage them to trust themselves and follow their inner compass, even when the experts would have us do otherwise.   Encourage them to reconsider their financial choices and investigate the truth behind the fuzzy numbers they might have encountered.  Encourage them to share their own expertise and skills with each other.  Encourage them to change their expectations to accommodate a changing world.  And most of all, build those relationships now, so that you can rely on them in future times of need.

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  • Blog

    New Martenson Report Ready – Tackling the Deficit

    by Chris Martenson

    Saturday, March 21, 2009, 4:23 PM

    0

    This report for subscribers goes hand-in-hand with the Rolling Stone article linked and discussed below. Together, they point out the urgency of our current situation and that the continuation of the status quo behaviors of protecting the banking profits of well-connected insiders and continuing to be less than forthright with ourselves (Fuzzy Numbers) are rapidly diminishing the prospects for a gentle and favorable outcome.

    Here’s the opening:

    Executive Summary

    • US federal deficits reported to be $9.3 trillion over the next decade
    • Fuzzy Accounting means these deficits are actually vastly under reported
    • Actual deficits closer to $6 trillion per year, or $60 trillion over the next decade
    • Deficits defined and explained
    • Risk of a dollar collapse only increasing
    • You need to step up your personal efforts at mitigating the potential impacts of a US currency crisis

    The Congressional Budget Office just announced that the fiscal deficits of the federal government are going to be a lot larger than previously estimated. This news was taken in stride by the financial markets, especially the FOREX markets where the dollar is traded, but it will only be a matter of time before these massive deficits are recognized for what they are – signs of terminal illness for the financial prospects of the US, and, by extension, the dollar itself.

    It is vital that you understand the true extent of the illness, and the ways in which we systematically sugar-coat and under report the true magnitude of the situation by the use of Fuzzy Numbers – in this case, more accurately described as Fuzzy Accounting.

    In this report I will explain how to interpret the reported deficit, demonstrate the actual size of the true deficit, and then make the case that you should seriously consider stepping up your personal efforts at preparing for an uncertain future.

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