Although, the Islamic State in Syria, aka ISIS, is supposed to be the new terrorist threat dedicated to taking down America, and apparently even more ruthless than the former band of Muslim jihadists called al-Qaeda, it actually looks like the biggest threat to the stability of the United States is its own government.
When you think about it, ISIS leaders don't have to do much to wreck western civilization because the US Treasury Department and the Federal Reserve appear to be deteriorating things all on their own.
Jim Rickards is a former economist. He is also a threat assessment expert for the C.I.A. He believes that America is heading for a 25 year depression and that the world will slide into anarchy.
When Rickards says that the Feds and the US Treasury are undermining the value of the dollar by printing so much of it and adding millions to the national debt each day, he should be taken seriously. After all, he has been advising government officials and the CIA about economic realities for more than a decade.
There is a good reason why American consumers and taxpayers are depressed and worried about their country: The federal government is overwhelmed by debt and the dollar has lost value as the world's monetary standard.
That's why Rickards has been warning anyone who will listen that financial and economic bedlam in the United States and worldwide will happen within six months. In fact, he said, 16 intelligence agencies of the U.S. government have been preparing for just such a collapse by setting up secret shelters for President Obama and other top government officials for running the country in the face of the anarchy that surely will follow.
Rickards grim predictions may not be palatable, but there is good reason for him to predict a 25 year depression. Historically, too, this has happened. In the last century, it happened for 11 years during the Great Depression through the 1930s. It also happened for a longer period, for 30 years, from 1870 to 1900.
It almost seems as if the economic chaos and financial disaster in the near future is moving as inexorably as tectonic plates beneath the earth. Still, you are not entirely helpless. When the value of the dollar has collapsed, as well as any other fiat currency, there is still gold and silver, which the ancients often referred to as "God's money" since it's value survived economic mayhem.
When you think about it, ISIS leaders don't have to do much to wreck western civilization because the US Treasury Department and the Federal Reserve appear to be deteriorating things all on their own.
Jim Rickards is a former economist. He is also a threat assessment expert for the C.I.A. He believes that America is heading for a 25 year depression and that the world will slide into anarchy.
When Rickards says that the Feds and the US Treasury are undermining the value of the dollar by printing so much of it and adding millions to the national debt each day, he should be taken seriously. After all, he has been advising government officials and the CIA about economic realities for more than a decade.
There is a good reason why American consumers and taxpayers are depressed and worried about their country: The federal government is overwhelmed by debt and the dollar has lost value as the world's monetary standard.
That's why Rickards has been warning anyone who will listen that financial and economic bedlam in the United States and worldwide will happen within six months. In fact, he said, 16 intelligence agencies of the U.S. government have been preparing for just such a collapse by setting up secret shelters for President Obama and other top government officials for running the country in the face of the anarchy that surely will follow.
Rickards grim predictions may not be palatable, but there is good reason for him to predict a 25 year depression. Historically, too, this has happened. In the last century, it happened for 11 years during the Great Depression through the 1930s. It also happened for a longer period, for 30 years, from 1870 to 1900.
It almost seems as if the economic chaos and financial disaster in the near future is moving as inexorably as tectonic plates beneath the earth. Still, you are not entirely helpless. When the value of the dollar has collapsed, as well as any other fiat currency, there is still gold and silver, which the ancients often referred to as "God's money" since it's value survived economic mayhem.
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