One blanket statement deserves another
The guy is most definately using scare tactics, by saying things will go to hell in 12months. But some of the issues he raises about world currency and money printing and inflation(chances are there will be a little deflation before inflation but still) are very real. If congress doesn't stop spending like money grows on trees, we are in for a lot of hurt. Let's hope both parties come to some kind of LONG term solution to our debt wooos.
It does grow on trees...the Fed just prints paper money out of thin air backed by NOTHING (creating money from more debt and borrowing,and then devaluating the Dollar)....Even Cobra Commander said it himself..."Attention Citizens..Due to the financial irresponsibility and incompetence of your leaders....we have begun eliminating the worthless green paper which your Government has decieved you into believing..Is Valuable!"
Eventually the Dollar will eventually fail and go bankrupt as ALL fiat monetary systems do!
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