Falling down

Falling down

John Seiler:

What if the whole thing falls down? The economy, I mean: pensions suffer even bigger deficits, causing municipal bonds to collapse, making unemployment even worse, causing a surge in the need for social services, as the the dollar’s value continues to collapse. Then where is California? Where is America?

On this site, I recently wrote something about that. Here’s famed Jim Rogers making the same warnings:

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