by Mac Slavo
Though completely outside the realm of possibility for an entertained, well fed, and oblivious American public dependent on ever-growing debt to make ends meet, there are serious economic, financial and monetary headwinds set to flip the entire system upside down. If there’s one thing we can learn from the collapse of monetary systems in Zimbabwe, Argentina, and most recently Venezuela, it’s that printing money only works until you lose the confidence of your creditors and the public at large, at which point the whole thing detonates with such velocity and speed that millions are left scrounging for even the most basic of necessities.
According to K92 Mining President Bryan Slusarchuk, this is exactly the kind of scenario Americans should be concerned with because central banks and governments around the world have not only printed obscene sums of money to keep the system afloat, but used even more worthless foreign currency reserves to further prop up their own. As Slusarchuk notes, there is absolutely nothing of real value backing any of it, which spells disaster for Western nations: