Looking long-term, should the U.S. and its Western allies fail to curtail their fiscal excesses (which they will not as this appears to be a deliberately caused collapse), the dollar’s purchasing power will continue to depend upon an ever-increasing amount of debt creation. The relentless growth in debt poses a sobering threat to economic stability, productivity, and the very framework of free markets. This morass of debt could usher in a cycle of even higher interest rates, contracting investment, and waning consumer confidence. To Learn More Click the Button Below.
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