Although, the Islamic State in Syria, aka ISIS, is supposed to be the new terrorist threat dedicated to taking down America, and apparently even more ruthless than the former band of Muslim jihadists called al-Qaeda, it actually looks like the biggest threat to the stability of the United States is its own government.
When you think about it, ISIS leaders don’t have to do much to wreck western civilization because the US Treasury Department and the Federal Reserve appear to be deteriorating things all on their own.
Jim Rickards is a former economist. He is also a threat assessment expert for the C.I.A. He believes that America is heading for a 25 year depression and that the world will slide into anarchy.
As an adviser to the government and the Central Intelligence Agency for decades now, warning them about economic realities, Rickards has come to the conclusion that the national debt is growing by millions of dollars each day, and part of the problem is that money is being printed in large amounts.
The federal government is weighted down by this debt, the dollar is losing ground quickly as the global currency, and American taxpayers and consumers are depressed about their financial lot and that of the country.
Rickards has been offering dire warnings to anyone who will pay attention. It looks like there will be economic chaos in the US within 6 months. He said that there are sixteen agencies in the United States government that have been preparing for the coming disaster. Their agenda includes building the President and top government officials a secret shelter to run the country after anarchy has taken over.
Rickards grim predictions may not be palatable, but there is good reason for him to predict a 25 year depression. Historically, too, this has happened. In the last century, it happened for 11 years during the Great Depression through the 1930s. It also happened for a longer period, for 30 years, from 1870 to 1900.
It almost seems as if the economic chaos and financial disaster in the near future is moving as inexorably as tectonic plates beneath the earth. Still, you are not entirely helpless. When the value of the dollar has collapsed, as well as any other fiat currency, there is still gold and silver, which the ancients often referred to as “God’s money” since it’s value survived economic mayhem.
Learn more about precious metal investing. Stop by Anne Trimble’s site where you can find out all about gold and silver and what it can do for you.