Casey points out that the recovery after the 2008 financial crisis is just an illusion created by central bank money printing which will ultimately lead to very high inflation once bank lending starts to pick up again. Both men discuss what will happen when all the US dollars currently held overseas are repatriated as foreigners lose confidence in the greenback. They also speculate about what Keynesians might be thinking at the moment, and analyse how non-western central banks are beginning to behave with regards to gold.
An economic collapse is coming and the Obama regime knows it. Federal agencies are stocking up on huge amounts of ammo and have labeled Americans as the enemy in case of economic collapse. Obama issued an executive order giving him control over all US resources in the time of war and/or national crisis. Add this info in with the blood-lust to ban/confiscate law-abiding citizens firearms and one should be worried about what’s to come in the next few years.
H/T to ZeroHedge