digital divide network - article database

These days the politicians elected into government and tasked with responsible policy making, don't have the political will do right thing. They refuse to turn things around, to stop the slow train wreck that's approaching. Some believe this slow train wreck will arrive sometime around 2015. This train has been built upon the tracks of circumstance, with decisions that were created re-actively, thus now it's running out of control.

 

This is a Train wreck akin to everyone in America buying everything they own using only credit cards then suddenly, everyone loses their jobs at once. Credit had gone wild in America. Currently American debt is at 16.4 trillion; once again we hit the debt ceiling limit. The politicians are totally ineffective at solving the problems so now this insane mountain of credit debt has come home to roost.

 

For a long time now the inherent problems of the US dollar have slowly and meticulously been infecting the rest of the western world. Sometime back in 1973 when John Connally was the Secretary to then President Nixon, during a time when the US dollar was in a crisis, Mr. Connally spoke publicly addressing the world and stating, "The dollar is America's currency, however its problems are yours".

 

This statement held for decades; however all problems of the dollar finally came to light, ending this madness a few years back. The dollar's flaws were finally being noticed under the spotlight of the United States steadily increasing its debt ceiling limits. The debt limits of course were always based upon nothing and poorly compromised. American debt has been nothing more than political posturing and theatrics for TV and therefore for the public to buy into.

 

Basically what's happening now with this crisis of American debt, it's become a wake-up call, a total shock, not only for America but for the rest of the world too. The problems between the euro on the dollar and the dollar on the euro are really a day-to-day issue on trade. The real problem, America's dollar has now ballooned into a bigger problem that's now infecting the entire western world, and entire western world's fiat currency system. What the western world loses is basically being transferred into the hands of the eastern world. At one point the United States had it all, now the time is fast approaching to give it all back.

 

Not long ago mainstream media had focused its attention on the euro, thus everything had become Europhobic. However when the media focuses upon the problems within the US economy and the US currency instead, the problems in America will greatly over-shadow the problems in the euro zone. That time appears to be now. The trading taking place between the euro and the dollar are purely mirror images, reflecting the problems day by day of each other.

 

This is an entire western world currency problem that's become in-debited, because of the dollar which had transmitted the problems of debt not simply to the US, but also to the rest of the world. The ultimate protection for oneself is to own physical gold and silver while becoming your own central bank. Becoming your own central bank requires taking the first step. Take ownership of gold and silver instead of the reserve currency, as the U.S. dollar is about to explode.

 

Tom Genot -

 

About The Author:

Informational news, books, articles and videos on investing in gold and silver and where the best places are to buy it. You will also find informational resources to educate you on alternate forms of investing and information on preparedness, for preparing and protecting you, your family and your assets from the pending economic crises and destruction of the US dollar. Author Tom Genot provides information and resources helpful to everyone. Insure you're prepared, while time is still on your side. Check us out at www.coinbullion.net.