James Rickards -- Dollar Going to Collapse 80% or 90% or More | THE FINANCIAL ARMAGEDDON BLOG
to much words about nothing, we are not in 1925,1927,1971, nether breton woods, this economist have a problem, the new 21 century, has nothing to do with the 20th, so all this ado for nothing is useless, the problem is the logic the reasoning of the aristocratic elite which is what universities do, create aristocrats for the media, banking sector, politicians, the elite of the elite 'you call them skulls and bones" so the economy of the modern aristocracy of money, is no longer working is kaput. unrecoupable, so humans as economist must evolve, the $ as a reserve currency will end, a new global reserve currency is a must in fact only option, (i propose the BREN 25% silver) so the domestic dollar "national" will be free from the $ as global reserve currency which is what allows bankers looters and others to have a permanent state of wars, create an indispensable recurrence of wars, they put "darwining ideologies survival of the fittest, which translated to reality is creative destruction by bankers FMI,IMF. the IMF is more dangerous to human development than radiation. so evolve folks forget this economic blah blah from 19 century minds, formated from the aristocratic economical elite, to function on a straight line. today the shortest way from point a to point b is no longer a straight line.
Oil, of course, has been mentioned frequently — Libya is Africa‘s largest oil producer. But one possible reason in particular for Gadhafi’s fall from grace has gained significant traction among analysts and segments of the non-Western media: central banking and the global monetary system.