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Economic Problems and Concerns

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Jonathon Miller

Jonathon Miller

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A major economic crisis has been unfolding for a few years. The falsified recovery presented by officials and the media after the 2007-8 crash is now being exposed. Quantitative easing and zero interest are tricks to hide the global economic collapse as long as possible.

We are nearing an intended financial crash that is designed to result in social chaos as the “greater” depression becomes obvious.

With the interest rate on bonds so low that some rates are negative, an inevitable rise in interest rates may fuel the developing bear markets in stocks and bonds. The dollar is being abandoned as the world reserve “petrodollar“. There may be a serious loss of dollar based assets such as bank accounts, as the ridiculous derivatives market collapses.

International trade has fallen to a trickle. Very few people have a full time job with benefits.

Inflation has been in gear in needed items like food, health care and utilities. At the same time the deflation in commodities, especially crude oil prices have countered inflation and kept the dollar alive. Will the dollar fall and gold and silver skyrocket? What about real estate? Will currencies be reset, perhaps even backed by assets?

The debt and financial crisis in Europe has been compounded with the orchestrated migration of refugees from the middle east who are being difficult to manage. Meanwhile the major powers are engaging in hostile policies that seem close to starting World War III.

An alternative real gold currency is now available in the form of a payment card with 1 gram of gold embedded in it that is already being used in transactions in Europe and the U.S.

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