Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Why the US is collapsing

There is a belief among many that the US is collapsing. Fear sells and this story is selling well as the dollar falls and gold/oil has gone parabolic (in dollar terms). The story sells well in socialist dying Europe and overcrowded, over polluted, over stimulated Asia (Yes, the BRIC story is just a "story" that has worked. IMO the "BRIC story" will seem laughably ridiculous in a couple years). 

Real or perceived weakness in the US makes the EU seem like a better run or managed economy. The EU members can take pride believing they are not part of or impacted by the debacle taking place in the US, because they are _____________ (smarter, better managed, whatever).  

Rick Falkvinge provides a good review of the history and belief prevalent in the World that the US is in major economic trouble.

The story is important to know because there is a major investment theme behind it. Additionally, Rick does a good review of the history of the dollar. Take a gander at the 70+ comments behind the post.

For the record: My view is the US dollar will collapse, just like every other paper currency in history and so will the Euro. Tomorrow, next week, next year, 2020, who knows.... 


Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.