Doug Casey: Dollar Being Destroyed Before Our Very Eyes

By Vanessa Collette

“What’s going on is the American dollar is being destroyed before our very eyes, the US government is critically over-indebted, the average US citizen is critically over-indebted, the standard of living of the average American has been dropping for 40 years now…”


“I think we’re teetering on the edge. In 2007 we entered a gigantic financial hurricane, and we went through the leading edge of that hurricane in 2008 and 2009. Now we’re in the eye of the storm – it’s a gigantic storm – and I think very soon, maybe by the end of this year – next year I think for sure – we’re going to go off the trailing edge. It’s going to be much worse, much longer lasting and much different than what we had in 2008 and 2009…”

Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-written the monthly metals-and-mining-focused investment newsletter The International Speculator. He has authored four books, including Crisis Investing, the top-selling investing book of all time, and Totally Incorrect. His latest novel is called Right On the Money

TLB recommends you visit Market Sanity for more great articles and pertinent information.

See original article here

Be the first to comment

Leave a Reply

Your email address will not be published.