Before It's News | Popular Money
Comfortably Numb
By: CAPTAINHOOK * GoldSeek.com As the lyrics from the immortal above titled Roger Waters master piece originally performed some 30 years ago now implies, which means we’ve been on this train for some time now, people have grown increasingly debased and debauched to the point complacency rules supreme these days, almost completely detached from reality in terms of perspective and sustainable behavior. But this is what happens when you debase the currency. Not long afterwards a society’s moral fabric begins to deteriorate as well. So it wasn’t long after Nixon went off the Gold Standard in 1971 our decline began to accelerate, where today the ‘new normal’ is measured by how much you can steal or defraud you neighbor for, with the objective of ‘getting more stuff’ (thank you George Carlin) just for the sake of accumulating fundamentally worthless things at the expense of what should be cherished relationships with our families and friends.
Look What Will Happen After The Dollar Collapse
Yuan hailed as the world reserve currency Some serious supporters say the yuan’s day as a challenge to the greenback has come. But it depends on Beijing accepting the downsides Its supporters excitedly describe it as rise of the “redback” – red for communist China as opposed to the greenback of the US. Now two distinguished academics have joined a chorus of bankers anxious to share in the lucrative business opportunities they see in the internationalisation of the yuan to challenge the US dollar as the global currency of choice. http://www.scmp.com/business/money/markets-investing/article/1076500/yuan-hailed-world-reserve-currency Read more at http://investmentwatchblog.com
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