Letter Re: U.S. Dollar Collapse? I Think We are Getting Close
Sir: Over this past weekend, I began re-reading “Patriots: Surviving the Coming Collapse” . I hadn’t touched it since mid-2000. Wow! page 10 includes:…”just before the Crunch…unofficial debt topped 19 trillion dollars…” a president that didn’t let trifles life ledger sheets and statistics get in his way…the real deficit was growing…”a full scale default on US Treasuries appears imminent…” Then I look at Internet financial and economic news feeds [and see] Fleet Street (London’s Wall Street) recommending that their client firms get out of the US Dollar (USD), China, UAE, Russia and others moving out of the USD. Many estimates …