Relevant:
- Slowly I Turned - Foreign Financing of US Faltering
- Bitcoin rallies $1,000 after FSB letter to G-20 officials saying "no systemic issues"
- The Big Reset, Part 2 - Willem Middelkoop
- Insurers' Day of Reckoning
- David Stockman -- We Are Now Entering The Terminal Phase Of The Global Financial System That Will End In Total Collapse
2012-07-11 — globaleconomicanalysis.blogspot.it
The way to address the problem is to look for baskets that are not in the financial system. You have to look for physical assets, hard assets, that are not financial instruments, not only the assets themselves are not in the financial system, but the way you own them is not related to the financial system.
In other words, direct physical ownership of non-financial assets. ... The main one is gold.
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