Friday, December 25, 2009

Predictions II

clipped from cfecon.blogspot.com
Prediction Four (P4)
The US Dollar will be replaced as the world's reserve currency, eventually losing most of its value when the nations of the world's dollars are repatriated home to the U.S. Hyperinflation and an economic sudden stop event become not only possible, but probable.

Prediction Five (P5)
The world will decouple itself from the US Consumer. As the dollar collapses and other countries' currencies appreciate, domestic consumption in those countries will skyrocket. 300 Million US consumers will have to remember how to make stuff.

Preparation
Very little planning is necessary to not only survive, but thrive during this period. Take your head out of the sand and look around. Its happening.