This recession is crashing U.S dollar

For 37 years we have been delaying the collapse of the dollar and as the risk rose, we worked harder and harder to avoid economic downturns that would cause foreign lenders to fear we are too great a risk for our debt.

We fear consumers going from spending to saving when debt expansion is all that keeps this ponzi scheme going. We have to spend more and more on imports to get the money to our lenders who loan it back to us. We have to fight wars to keep the oil sold in dollars. We have to pass trade agreements that help send more dollars to other nations that then can be used to buy oil with and then loaned back to us.

Folks, 75% or more of what has gone on for 40 years has been tied to the nation’s currency and keeping it propped up. That is trade, war, economic, tax loopholes, interest rates, etc. that have all had one common mission, keep the dollar in enough demand globally as the world’s reserve currency that it doesn’t collapse.

Why are we afraid? Because a recession will lead to a depression if not stopped quickly. You saw our government in panic mode even though the GDP hadn’t even gone negative.

That is because they have the “real data.” They know what GDP is with “real inflation” before they manipulate it. They have the real history of why we do what we do to keep the dollar propped up and know what foreign nations are saying to our cabinet members when they visit those nations.

Related Posts:

• Can the U.S. have hyper-inflation?
• Is This The End of The World?
• This is only a delaying tactic.
• The US deficit is about 10% of GDP and the gross debt of around 11 trillion is closing in on 100% of GDP.
• US deficit 2009 is $1.4 trillion out of $14 trillion economy, that means deficits of 10% of gdp.

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