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S2 E11: The US Dollar - Exposed as "The Emperor Has No Clothes"
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The "Twin Towers" are gone, but never forgotten. Greg worked in Four WTC for several years, and in the adjacent World Financial Center as well, so it is with all humility and respect that he discusses the macro-economic version of the "Twin Towers", because they are back, standing taller than ever, and putting the US Dollar in harm's way. Greg speaks to the records being set within BOTH the US Federal Budget data, and the US Trade data, as the Twin Tower DEFICITS are a BIG problem, again.
Throw in a discussion of how the Fed is behind the "monetary curve", and how the stock market faces an "economic reality check", let alone detailing the RAPID evolution of a viable and wholly credible BRICs Unit as an alternative to the USD as the "currency" used to transact/facilitate global trade ...
... and the greenback is about to be exposed, as the "Emperor Has No Clothes".
So, what to do, investment wise, to protect yourself?
Greg answers that question, in today's episode of "Money, Markets & New Age Investing".
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1. The Demise of the Dollar (00:00:00)
2. Economic Indicators Highlight Dire Situation (00:10:55)
3. Consumer Stress and Economic Indicators (00:21:10)
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