The Death Of The Dollar? 11 Signs That We Could Be On The Verge Of A Global Currency Crisis

Over the past several decades, the U.S. dollar and other major currencies around the globe have been continually devalued, but they have still remained stable enough for trade to flourish and for the world to enjoy an unprecedented era of prosperity.  However, that all may now be changing.  Many analysts now fear that the new $600 billion program of quantitative easing by the U.S. Federal Reserve may set off a round of “competitive devaluations” across the globe that could precipitate a global currency crisis.  If that happens, it might not just be the death of the dollar that we are talking about.  Instead, we could potentially see the death of fiat currencies worldwide in the coming years.  Under the current system, nations have a built-in incentive to devalue their national currencies because it gives them a competitive advantage in world trade.  In fact, quite a few countries have been doing this for years, but in 2010 currency devaluations have become a “hot button” issue and the extreme actions taken recently by the U.S. Federal Reserve and other global central banks have pushed us to the brink of a global currency war. (Read More...)

11 Examples Of How Insanely Corrupt The U.S. Financial System Has Become

If you ask most Americans, they will agree that the financial system is corrupt.  It is generally assumed that just like most politicians, most big bankers are corrupt by nature.  But the truth is that the vast majority of Americans have no idea just how corrupt the U.S. financial system has become.  The reality is that the American Dream is literally being stolen from millions of Americans right out from under their noses and they don’t even realize it.  The corruption on Wall Street has become so deep and so vast that it is hard to even find the words to describe it.  The level of greed being displayed by many Wall Street firms would make Gordon Gecko blush.  It seems that the major financial players will try just about anything these days – as long as they think they can get away with it.  But in the process they are contributing to the destruction of the greatest economic machine that the planet has ever seen.    (Read More...)

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