America's decline
In these years after the beginning of the recession in 2008, Americans have become desensitized. We've grown numb from the crippling losses to our investment accounts, retirement savings, and homes. And now we're seeing the very definite prospect of yet another economic catastrophe to be heaped upon the earlier one that most of us have not even yet passed through.
Currency wars helped cause the Great Depression, fueled Hitler's Rise, World War II, and even put the pieces in place for the stagflation of the 1970s and early 1980s. And now the stage is being set for a crisis that will rival the Great Depression. Our stock and housing markets could well collapse 50% or more . . and another $50 trillion, or even $100 trillion, of our wealth could be destroyed, says Rickards.
China's coming gold-backed currency as the world's new reserve currency
China is secretly stockpiling gold in preparation for their development of an internationally available gold-backed currency which they intend to replace the US dollar as the world's (next) reserve currency. Meanwhile, there is a covert triangle alliance between China, Russia, and Iran, the sole purpose of which may well be to destroy the dollar, our economy, and our wealth.
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