Economic predictions are notoriously difficult to make, because markets are made out of people and not physical objects. Economics isn’t an exact science — it’s more of an art. Still, when we have a basic understanding of how markets actually operate, we’re usually able to see at least general signs of a major economic event far before it happens.
In our last article, we discussed what’s wrong with the dollar, how our financial system is based on constantly expanding credit and debt, and how, eventually, the system will “fail”.
We can’t keep the bubble alive forever.
An important question to ask is, “Why hasn’t the dollar collapsed yet?” Such questions are generally about the dollar and hyperinflation. Understanding the answer to the question requires that we focus again on credit and debt, as well as the world financial system as a whole .... http://blog.silversaver.com
