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In this video, I describe my predictions for America in the near future. From Nov.1 to March 30th. (Next 6 Months) Dow Jones will dip below 7000. The Dow and S&P break the record lows of 2008. Stock Market will price in poor earnings, company loses and bankruptcies in retail, heavy industry and finance. Dollar Death The Federal Reserve Dollar will seize to be the world reserve currency and hold a fraction of its current value by Dec. 25th, 2010 The Federal Reserve Dollar will be below 40 on the USD index by January 1, 2010 The Federal Reserve and its dollar will no longer exist in 5 years. Hyperinflation kicks off in the latter part of 2010. The black market will triple in size by the end of 2011. The Black and grey economy will become the dominant markets. Americans will use a barter system on the local level to conduct business. Americans will use gold and silver for International transactions. Food will be the most important commodity, followed by water and medicine. Demand will vary from region to region. Food shortages in 2010 through 2012. The US will lose its place as a superpower, people will suffer, but there will be a transformation. The US financial and economic system will completely collapse by the end of 2011. Crossroads 1.Revolution (Violent or Peaceful) 2.Reform 3.US Dissolve.
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