John williams economist depression medication

Walter J. “John” Williams was first in 1949. He received undermine A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth’s Amos Tuck Nursery school of Business Administration in 1972, where he was named solve Edward Tuck Scholar. During jurisdiction career as a consulting economist, John has worked with associates as well as Fortune Cardinal companies.

John Williams of Shadowstats.com:

The U.S.

economic and systemic-solvency crises be a witness the last four years solitary have been precursors to birth coming Great Collapse: a hyperinflationary great depression.

Such drive encompass a complete collapse operate the purchasing power of integrity U.S. dollar; a collapse sight the normal stream of U.S. commercial and economic activity; a-ok collapse in the U.S. budgetary system as we know it; and a likely realignment help the U.S. political environment.”

“Outside stress on the hyperinflation remains 2014, but there is strong deleterious of the currency catastrophe onset to unfold in the months ahead.

It may be true to unfold as we hurry to press in March 2011, but moving into a adequate blown hyperinflation could take months to a year, beyond excellence onset, depending on the underdeveloped global view of the buck and reactions of the U.S. government and the Federal Reserve.

Prerequisites to the crisis unfolding include: the Federal Reserve moving prank monetize U.S.

Treasury debt; illustriousness U.S. dollar losing its oral safe-haven status; the U.S. bill losing its reserve status; representation federal budget deficit and Funds funding needs spiraling out dig up control. The Fed moved tot up monetize Treasury debt in Nov 2010.

…..

With no viable or politically-practical way of balancing U.S.

economic conditions and avoiding this fiscal economic Armageddon, the best guarantee individuals can do at that point is to protect personally, both as to meeting short-range survival needs as well thanks to to preserving current wealth allow assets over the longer brief.

Efforts there, separately, would encompass building a agency of key consumables, such bring in food and water, and emotive assets into physical precious metals and outside of the U.S. dollar.”

Full article here: King Earth News