Dollar Days Near An End? The IMF Thinks So
I write on these things because it is just as important to those of us in Texoma as it is to those in New York or Los Angeles or anywhere else. It will effect everything in your life. Warning: I’m going to give you a figurative slap across the face now. Turn off the MTV, ESPN and the 437 varieties of ‘Law & Order’ and pay attention to reality for a bit. You are in deep trouble. Your country is in deep trouble. And it will take all of us to save it. Inflation is here and has been for a while. Did you notice? Do you care? Here’s something you should pay very close attention to. The IMF (International Monetary Fund) just fired one across the bow and barely anyone in the media has said a thing. It does affect you. It will affect your kids and grand kids. We are NOT on the gold standard and haven’t been since 1971. Our chickens are coming home to roost and they have ‘Made in China’ stamped on their feathers. The dollar slide, inflation, insane fiscal policy on the part of our own government and the explosion of the Chinese economy are all converging into the perfect storm. The Wall Street Journal’s Market Watch gives us some insight into the China angle.