Global Economic Collapse Doesn’t Care About Party Affiliation (Video)
BY VOICE OF REASON
THELASTGREATSTAND.COM
SATURDAY, DECEMBER 24TH, 2016
In the video below, you’ll find the continuation of my interview with Dr. Willie from the post titled, U.S. Dollar’s Status as the Global Reserve Continues To Lose Credibility. In the first half of the interview, you heard Dr. Willie voicing his own frustrations with how hard it is to convince people he cares about that dire economic times are on the horizon, especially when on the surface market conditions are giving off the appearance that everything is great, largely because new all-time highs continue to be reached almost weekly!
In the article that accompanied the first half of the interview with Dr. Willie, it referred to “Trumphoria,” a phenomena describing people who were once preparing for the impending global collapse, but have somehow been duped into believing that a Trump presidency can turn around decades of poor monetary policy. Those people are sorely mistaken! That’s not a knock on Trump’s ability either. The simple fact is that our nation has accumulated the largest mountain of debt the world has ever seen, and as Dr. Willie explains, our status as the World Reserve Currency is almost at an end.
The best outcome President Trump could hope for, would be to prolong this debt bubble for as long as possible, but that would make the ultimate outcome even worse. On the other hand, he could try to deal with the crisis right away, but that would mean an extraordinary amount of pain for the whole country, something he’s not likely willing to do for political reasons, regardless of how much it would help in the long term.
In a strange piece of irony, it’s actually those on the far-left who are busily preparing for social and economic collapse who are showing much more wisdom than many on the right who have chosen to abandon prepping altogether on the basis of false hope. Although not for some of the absurd reasons the far-left is worried about, and despite the wild optimism that many on the right have at the moment, the country could very well experience total social and economic collapse under President Trump, regardless of the policies he implements. Dr. Willie will expand more on what losing the Global Reserve Status will mean for Americans’ and their every day lives.
The Rest…HERE
