Winter is Coming! |
Within days now (end September, 2015), the market is likely going into another “free fall.” The problem around the world is debt. Even though your government is telling you everything is fine, it’s not.
Countries around the world have the largest debt levels in history. They’ve been able to do this because of the adoption of fiat currency in the 1970s (they disconnected currency from the gold standard). It used to be that you could exchange your dollar bills for gold. Now, currency isn’t backed by anything other than the government’s promise to pay. And governments around the world are bankrupt. That’s a BIG problem. [continue reading…]