The US took the US dollar off the gold standard in 1971 which was done by Nixon. This basically gave the Federal Reserve unlimited authority to print money as much as they want. What they are really doing is printing out Monopoly money. If you have ever played Monopoly, you may realize (or maybe not) [...]
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Marc Faber: The West Will Have A Lower Living Standard than Asia
July 28th, 2010 
Elisheva Wiriaatmadja Marc Faber gave an interesting closing speech in the Agora Financial Symposium in Vancouver, which was held July 19-23, 2010. The symposium was the 11th annual anniversary of Agora Financial and the topic was “Assault on Enterprise – How to Invest in the Age of Rising Taxes, Wall Street Crooks and Government Boondoggles”.
The Next Greatest Country Replacing the United States – CHINA!
May 28th, 2010 Elisheva Wiriaatmadja In many of my posts I have written how the great wealth transfer of the millennium is currently happening right now. After every depression, a shift of economic power happens. When the last Great Depression happened in the 1930′s the economic power shifted from Europe to the United States. This millennium’s great depression will cause [...]
