It is imminent because fundamentally it must happen. This is a symptom of a fiat system. Every fiat system has collapsed, but they keep trying it and in most cases to even crazier extremes.
It's been manipulated off for decades, but it doesn't change the fact that it must happen and as they're running out of opportunities at the Fed and will to go negative to attempt to put it off more, countless countries around the world are swapping out of the USD and it has caused panic in the financial sector.
I discussed this with Ron Paul in an interview last July. It's not about putting a date on it, it's about stating the obvious.
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I guess the consequences will be enormous. What is your solution to this?
As I mention as well in the video, my solution is food, water, shelter, self defense, gold, silver, Bitcoin, tangible assets and most importantly, self sustainability and financial responsibility as you cannot have freedom without responsibility. People have to take it upon themselves to learn and then apply their own solutions.
When you say food, water, shelter and self-defense it sounds like you expect society to break down á la The Walking Dead with the majority of people turning into murderous savages. Is that the case?
@flauwy we must be aware of our food, and water now. Grocery stores sell pesticide ridden GMO's and call it healthy. Knowing your growers and growing your own food is the only way to protect yourself. As far as self defense? I'm more scared of a crew of parents with hungry children than I am of a silly zombie. Food is actually abundant, we just have to learn how to profit from happy and healthy people.
If you would know The Walking Dead you would understand my reference: When society breaks down people are the greatest danger you can encounter. The zombies are mostly irrelevant in that show.
🤷🏻♀️I didn't get past season 1. Still though, food, water, shelter, and self care become really important with only a semi-break down of society. I'm thinking like kids stealing lunches type. But TBH - I don't think the breakdown of society is happening. I think many of us are "getting it" and learning to do things differently.
I also think that it will not be that bad and the outcome of the the next few years will be amazing. The Dollar might collapse but the future is here!