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Guess What Happened The Last Time The U.S. Dollar Skyrocketed In Value Like This?
10 years ago

People always want to make it more complicated than it is.

I look at it in a more simplistic way.

We have more than doubled the debt in the last 6 years and the honest truth is that the USA economy would collapse tomorrow if the government was not propping it up.

It is my belief that the economy is not healing. If it was the government would not be reducing the home mortgage deposit down to 3% to drive home sales. After all it this these kinds of policy that they said brought on the last mortgage crash.

EBT record high. Labour participation rate is at a record low. We are suffering deflation but everything that I am buying is going up.

It used to be that the private sector paid the best wages. The private sector manufacturing is what build and drives a stable and realistic economy. Today the government pays better that the private sector and they create nothing.

My parents started out with an old small home. They fixed it up and sold it for a profit. They did this 4 times in their lifetime. Each time earning more equity. When they retired they had the money to build a new home that they owned and could not lose. They worked 5 and 6 days each week saving to create a secure life. People of today have completely abandoned this way of life for a high risk financed life creating self entitlement and stress.

People think that our elected officials are highly educated and will save us all. But think about this!!. How could such highly educated smart people manage to bankrupt the greatest nation on earth in such a short time. Fact is that we have left the foxes to guard the hen house and soon the hens that produce the eggs we need to eat will all be gone.

North America was founded and started from people escaping oppressive government rule. The gave a road map for prosperity and success to follow ( the constitution ). They knew what happens when the government is the fox guarding the hen house.

What is sad is that most of the people in America are now a slave to the government.

They own us lock stock and barrel. We are now the public servants of the government.

I travel and do business around the world. Here is my answer to the people that say the the USA will never fall. "Hang on" we are tipping over and this next fall is going to be hard enough landing that we will not recognize America in the aftermath.

In this article: UUP, UDN, FXY, JYNFF, FXE
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