GREAT DEPRESSION AND RECESSION, MONEY MANAGEMENT, PERSONAL FINANCE

The Dollar Is Collapsing All Around The World (U)

Dollar Is Collapsing
The Dollar Is Collapsing All Around The World

What Will Happen When The US Dollar Collapse With Emerging Markets, And At Your House?!

The dollar collapsing around the world is “causing” the sweeping collapse of many emerging markets caused by the Fed’s Kinkos money printing.

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The Federal Reserve Has Created A Global Problem

A big chunk of the trillions of dollars that it [the Fed] printed and pumped into the financial system over the past several years has flowed into emerging markets. 

But now that the Fed has decided to begin “the taper”, investors see it as a sign to pull the “hot money” out of emerging markets as rapidly as possible. 

This is causing currencies to collapse and interest rates to soar all over the world.

SilverDoctors.com

Argentina, Turkey, South Africa, Ukraine, Chile, Indonesia, Venezuela, India, Brazil, Taiwan, Malaysia and now Lebanon are just some of the emerging markets that have been hit hard so far.  

In fact, emerging market currencies are experiencing the biggest decline that we have seen since the financial crisis of 2008.

I hope the US is ready for what is coming next?

RuralMoney.com

From The Economic Collapse Blog:

A lot of Americans have always assumed that the US dollar would be the first currency to collapse when the next great financial crisis happens. 

But actually, right now just the opposite is happening and it is causing chaos all over the planet.

For instance, just check out what is happening in Lebanon according to a recent report in NBC News.

As inflation escalates and interest rates soar in these countries, ordinary citizens are going to feel the squeeze. 

Just having enough money to purchase the basics is going to become more difficult.

And this is not just limited to a few countries. 

What we are watching right now is truly a global phenomenon…

So why is this happening? 

Well, there are a number of factors involved.

However, as with so many of our other problems, the actions of the Federal Reserve are at the very heart of this crisis. 

A USA Today article described how the Fed helped create this massive bubble in the emerging markets…

Emerging markets are the future growth engine of the global economy and an important source of profits for U.S. companies. These developing economies were both recipients and beneficiaries of massive cash inflows the past few years as investors sought out bigger returns fostered by injections of cheap cash from the Federal Reserve and other central bankers.

But now that the Fed has started to dial back its stimulus, many investors are yanking their cash out of emerging markets and bringing the cash back to more stable markets and economies, such as the U.S., hurting the developing nations in the process, explains Russ Koesterich, chief investment strategist at BlackRock.

“Emerging markets need the hot money but capital is exiting now,” says Koesterich. “What you have is people saying, ‘I don’t want to own emerging markets.”

USAToday.com

What we are potentially facing is the bursting of a financial bubble on a global scale

And many smaller nations are being deeply affected already as well.

For example, most Americans cannot even find Lebanon on a map; but right now the actions of our Federal Reserve have pushed the currency of that small nation to the verge of collapse.

via GIPHY

Does anyone actually think this crisis will be contained?

If the Fed announces that it has decided to taper some more, that is going to be a signal to investors that they should race for the exits and the crisis in the emerging markets will get a whole lot worse.

A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates.

Bloomberg.com

What Will Happen When The Dollar Is Collapsing?

Once it’s less stable, the euro collapses, and the dollar will be exposed.

As the US dollar is a fiat currency and is on the ropes, the US, and any other country that is using the dollar as its primary currency when the time comes, will experience a currency emergency at the street level that will be unprecedented.

It’s leading Rural Money, to believe that when the dollar crashes, cryptocurrency may be the only workable solution.

Moreover, it could become the temporary unofficial currency, since the Fed doesn’t have one.

Americans are starting to wonder what will happen after the crash?

And crypto could very well be the currency that is used to buy a bag of groceries, a tank of gas, etc. like the people in Venezuela… because most people won’t have gold and silver to barter.

Silver and gold have I none, but these are the best tips to prepare and protect yourself from the dollar collapse.

Stockpile food, supplies, cash and secure your home because this will cause a financial crash that will make the Great Depression of 1929 pale by comparison.

Curated from the SilverDoctors.com and enhanced by RuralMoney.com

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