Nielson Probability of US Hyperinflation or Debt Implosion
By Lorimer Wilson
Jul 22 2010 10:04AM
The collapse of U.S. economy is a certainty – only the manner of the economic collapse has yet to be determined. In time the global derivatives bubble will produce the same result which has occurred to every other currency not backed by gold throughout history: those currencies, our money, will become worthless.
Those were the alarming words of Jeff Nielson of BullionBullsCanada.com in a recent speech* which I have edited and reformatted below (with his permission) for the sake of brevity and clarity.
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