The end of world governments

May 9, 2011 at 10:51 pm | Posted in Uncategorized | Leave a comment

I’m going to make a bold prediction on my blog today. I predict world governments will end soon, and it will be because of currency devaluation. The world’s banking ecosystem is doing a massive printing of money to pay for needless wars and corporate and national bailouts. This will lead to mega-inflation and a panic in the banking system. Also, the banking system has too many financial promises in too many places. You can’t unwind 50 trillion of deriviates without a major crash happening.

ha ha, this is going to be hands down the biggest crash the world’s economy ever seen, only most people don’t see it coming. My guess is that digital currencies (bitcoin maybe) will replace the current fiat money system. or perhaps gold or silver. I’m hedging my money across all three, just in case.

Bottom line is that the US government wields its power with dollars. If dollars become irrelevent, the government becomes irrelevent. That’s my theory.

a good bitcoin exchange: http://mtgox.com/
a good place to buy gold/silver: https://www.apmex.com/

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