Predictions about US economy

[Slav Defence]

A wealthy Maryland journalist (who's neither a Democrat or Republican) has exposed a scandal brewing within the current Administration.

He says it could ruin Obama's entire Presidency... and would also result in some of the most dramatic changes to ordinary American life in more than 50 years.He futher says that Americans spend 2 millions per hour,and US is now in trillions of debt.

here is a link of presentation video:

Stansberry's Investment Advisory

 

[Slav Defence]

According to predictor,that US reserve currency will experience same devaluation as of British sterling of 1974

 

[Silverblaze]

Could be. They have to cut down on spending especially on defense and aid to other countries.

 

[Slav Defence]

Could be. They have to cut down on spending especially on defense and aid to other countries.

According to presentation,they have devalued 14% of their currency,their main strategy RIGHT now is,due to which Mr.Obama succeed in getting out of inclination is that they printed trillions of dollars TO PAY-OFF THE DEBT,we can imagine of the next crisis that US economy may face,countries like Argentina,Russia,China,Britain,Spain,the Ukraine had experienced same situations in past and applied same strategy due to which they suffered,according to predictor,the US economists of Obama administration are committing suicide.