FFI International Group

FFI International Group
"Realeconomik Leadership"

NO EXCUSES - GET IT DONE

Featured post

#BIG #PLAYERS SEE #OIL AT $200 By 2022-End

  OILPRICE.COM Top Oil Traders See Oil Topping $200 By End-2022 By  Irina Slav  - Mar 24, 2022, A number of big oil traders now predict crud...

Search This Blog

Thursday 22 August 2013

The Jim Rogers Blog Financial Calamity - US Dollar Collapse?


Just cannot see eye to eye with Jim on the collapse of the US dollar, albeit the financial calamity is more or less a hangover from the 2008 Meltdown and remains plausible. Indeed we had  forecasted such a collapse two years back, by 2020. Bonds yes; but a currency short is fraught with too many pitfalls.

There are many reasons behind the likely stability embedded in the US dollar in such times. Two are big ones. One,  it will simply win by default because other currencies that are competitive, in any significant way, should be that much worse off in the turbulent economic times ahead. Remember, the US is a Hegemony with about 60 -70% of the world's resources and economies within its influences and/or control. There is little else in terms of a viable surrogate exchange media that could handle the global financial volume and liquidity needs as well. Former communist countries have huge credibility issues to overcome to garner any trust for this role.

But most importantly - they have bigger GUNS!  In the end, that may be all that matters. 

PLATINUM WEALTH PARTNERS
First Financial Insights
August 22, 2013 



Pentagon 2020 Outlook:
 Continues to See Strong US Dollar



Most All-timePopular Posts

DREAM BIG, ACHIEVE SMART