Central Bank Collapse Imminent, Global Currency Reset Imminent, Asset Backed Currencies Ahead!
Channel: The Dinarian
Date: 17/10/2019

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The world’s allied nations agreed on a fixed currency rate which was sort of based on a global gold standard. The U.S. dollar was the currency that nations used to back their currency under this agreement. The reason for this was because the United States was in possession of most of the world’s gold supply at this time.

There is a tendency for institutions that missed the warning signs before the last financial crisis to over-cook their doomsayer’s warnings as they consider the potential for another one.

The International Monetary Fund leads a group of gloomy forecasters that worry about the stability of the global economy amid rising debt levels and slowing GDP growth. How long, they ask, can the expansion seen since the last crash go on before another recession hits?

And if a global recession is pushed further into the future by even larger dollops of borrowed money from the financial system, will the next recession quickly become a crash of similar or even larger proportions than the one seen in 2008?
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