What Would Happen in a US Dollar Collapse?
- The U.S. and Western economies would all face insolvency simultaneously, with the U.S. first in line.
- The entire Western industrial/consumer/credit economy would fall apart so fast it would make your head spin. The supply chain would stop and stores would empty quickly.
- The USD would fall over 50% in one week’s time and then temporarily stabilize before its final last gasp…
- Worldwide currency panic would set in paralyzing what’s left of the world economy which means the ‘emerging markets’ would stop dead too.
- China would have a revolution, or go into military mode, which would be even worse.
- A one-world currency would be demanded and implemented.
- Asia would fare horribly…If Western consumerism goes away, then the entire foundation of the Asia macro economy would instantly crash and stop cold. Do you remember what happened that fateful last quarter of 2008, after the Lehman debacle, and the world banking system almost collapsed en masse? Exports from China and Japan for example collapsed over 30%! Don’t think economic demand cannot stop on a dime, because we already had one very scary case of this in 2008. So, all the pundits aside, Asia would get killed too economically.
- The big question is, could they successfully adapt to a new economic paradigm before they had their own revolutions? I do not think so.
It would be a dark time worldwide.
*http://www.thecomingdepression.net/survival-tips/new-world-order-by-2012/
Coercion Code - "Dark Times are upon us" 