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I am hearing, that in the next year to 18 months, we are looking at collapse of the US dollar. The looming crisis, debt crisis from credit cards, government overspending, and commercial real estate, will be a 50 Trillion dollar debacle. A slow, real, and nearly unstoppable train wreck of an economic collapse, mostly the result of Biden Spending and a released Virus. This may be why Bitcoin and Gold are spiking, because the people in the ‘know’ are already preparing. Would welcome any bankers, especially those attacked to the central banks, opinion.

Our national financial management is horrible. It’s a problem that permeates both parties because, how do you get elected? You spend money to buy votes. So that problem won’t go away. But I don’t think we’ll have a Weimar Republic style collapse. That’s because we’re living at a time of huge change. The demographic dividend that gave every country in the world the opportunity to sell stuff at home and abroad is ending. People stopped having children. As a result, those who do have money abroad are sending it to the US where it has a better chance of being invested in something that will grow. How’s it going to grow? We have to build out the infrastructure to manufacture everything we used to get from China. We’re cutting down the suppliers from overseas to NAFTA, Japan, some of Europe and possibly Vietnam. I’m sure I left out a few, but there are tiny manufacturers all over the Pacific, some are just one building on a tiny island. Ships won’t be stopping there anymore. Their populations collapsed and the plants are empty. We’re going to be broadly okay. The rest of the world, not so much. This is one reason we have refugees from all over the planet crossing our southern border. THAT is the biggest disaster we’ve seen since 1929.