The U.S. Dollar is Dying!
The U.S. Dollar is Dying a Slow Death.
The Dollar Is Losing Its Status as Global Reserve Currency.
I’m not an alarmist, but… Ding, Ding, Ding - Sound the alarms.
The U.S. Dollar is dying a slow death right this very moment.
Right in front of our eyes the value of your dollar is…
disappearing faster than a magicians coin.
Why do I say this?…
In the entire history of the U.S., there has never been a
period when Washington spent as much money as it is doing now
without major inflation rearing its ugly head.
Since March of 2009, the value of every dollar you have saved,
invested or set aside for retirement has plunged 15%.
A buck that was worth $1.00 just seven months ago is now worth
only $.85 (cents).
Just a few days ago, Washington revealed that the deficit
had exploded to $1,400,000,000,000.00 ($1.4 Trillion dollars)!
According to the Congressional Budget Office’s 2009 report…
“The growth of debt would lead to a vicious cycle in which
the government had to issue ever-larger amounts of debt
in order to pay ever-higher interest charges.”
It further goes on to state…
“If foreign investors anticipated an economic crisis,
they might significantly reduce their purchases of U.S. securities,
causing the exchange value of the dollar to plunge,
interest rates to climb, and consumer prices to shoot up …
“The growth of debt would lead to a vicious cycle in which the
government had to issue ever-larger amounts of debt in order to
pay ever-higher interest charges.”
- CBO 2009 report, “The Long-Term Budget Outlook.”
The dollar has plunged 15% against other major currencies since March.
When the value of your money plunges, nearly everything you buy like…
Food … Energy … and most of life’s other necessities —
WILL COSTS YOU MORE!
For instance:
In just seven months between March 1, 2009 and September 30, 2009:
- Gold has surged 14% to record highs of $1,050 oz
- Steel prices rose 17%
- Copper is up 88%
- Crude oil is up 96%
- Aluminum is up 38%
- Nickel is up 93%
- Cadmium is up 18% which means…
(The batteries in your cell phone and computer will cost you more)
- Cotton is up 45%
- Wool is up 24%
(which will only drive the cost you pay for clothing higher)
Food imported from overseas is already soaring:
- Coffee is up 26%
- Tea is up 42%
- Oranges are up 41%
- Sugar is up 71%
- Olive oil is up 14%
Your standard of living is being threatened.
Your quality of life is being reduced.
And this is just the beginning…
When reporting the national debt, Washington conveniently leaves out
the $104 trillion the government owes to seniors and veterans through
Social Security, Medicare, Medicaid and veterans benefits programs…
or $886,000 per household.
All told, Washington is now a staggering $125.8 TRILLION in debt!
Uncle Sam is spending money like there is no tomorrow.
Total burden per U.S. household: … More than $1 Million Dollars!
Our trading partners in China, Russia, the Middle East,
and around the world are getting ready to do something about it.
They’re ready to Dump the US Dollar.
These assaults on the U.S. dollar are happening right now.
And that is why the value of YOUR dollars…
has plunged 15% in the last 7 months.
If you are planning or living on a fixed income…
You have a problem that needs to be fixed!
98% of the world’s population earns less than $100,000 per year.
Join the 2%. Learn to stretch your ever shrinking dollar.
Start your own home business so you won’t have to worry about
the pending inflation and devaluation of your savings and dollars.
Get the training you need to secure your financial future:
http://www.Life-and-Business-Coaching.com/Maverick_Money_Maker.html
CBO, China, coffee, Congressional Budget Office, cotton, gold, inflation, medicaid, Medicare, olive oil, Social Security, sugar, tea, U.S Dollar
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