Family, friends and concerned others, I seriously do consider myself a very positive person. Yet, when the writing is on the wall, we should at least stop to not only read it, but consider what it really means.
Here is a very direct video from a man that predicted this economic collapse, to the "T" more than two years before it happened, Mr. Peter Schiff. After you watch this and below, I add more details about him, his earlier CORRECT predictions about the situation we are in now and other REAL events happening concerning our United States dollar. First, watch and highly consider this possibility:
Peter Schiff predicts Imminent Doom - Fear And Loathing In America
As I mentioned earlier, Peter PREDICTED these EXACT problems we are in today with our country and economy. Do a Google Search on "Peter Schiff" and see for yourself. But you can also watch this excellent video which gathers together many of his past TV appearances on Fox and NBC, etc, where the so-called experts laugh at him, openly put him down - but he sticks to his guns, for he is grounded on fundamentals, not a bubble economy based more-than-less on only us, the spending consumer. Watch that vid here(click).
Lastly, if you do not take his warnings and invest properly, look at these FACTS, taking place as we are here, around the world in power bases such as Beijing and Dubai:
1) China and Asia (8 countries) to switch from USD to the YUAN "Beijing has launched the experiment of using the yuan as a reserve currency in relations with 8 countries. Chinese exporters are asking to charge in yuan instead of dollars, because the U.S. currency is losing value.... If, after a trial period, China makes its currency convertible, the consequence is that importing countries must have reserves of yuan renminbi. To get them, central banks around the world will have to divest themselves of U.S. assets and Treasury bonds" SOURCE: http://www.asianews.it/index.php?l=en&art=14131&size=A
2) GCC Wraps up Summit with Approval of Monetary Union The 29th annual summit of Gulf Cooperation Council (GCC) wrapped up in the Omani capital of Muscat late Tuesday, with six Gulf leaders approving the monetary union accord. (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates[source])
MUSCAT: Oil-rich Gulf monarchies agreed on Tuesday on the final draft of an accord on a monetary union which they intend to launch next year, an official statement said.
Consider, Plan & Act All of these countries have together TRILLIONS of USD in their possession, their system and in their central banks. If, or dare we now say, when, they start seriously dropping our (USD) dollar, this will have a huge ripple effect. The value of the dollar will sink, collapse and leave us with worthless paper- literally.
In other words, we should take heed to what Peter Schiff says and consider his advice. I, for one, surely hope this does not happen, but I felt obliged to share this warning, this 'possibility.' His track record has been amazing and he is a full-blooded American. If nothing else, diversify- be prepared. (Buy silver coins, stock up on essentials, invest in worldwide funds, etc.)