The Day After the US Dollar Crashes

Posted by Robert Lendvai, January 24, 2011 | Posted to Economics, US Dollar

 

Not all horror flicks involve slashers, chainsaws and high school cheerleaders. ”The Day After the Dollar Crashes” is a polished video that’s easy to follow and just a tad scary. The video was made to promote a new book by Hedge Fund Manager, Damon Vickers. In his book and video, Damon describes a hypothetical situation that could that could lead to a run on the mighty Greenback.

While Vickers’ apocalyptic warning may seem extreme, the extraordinary economic events of the past few years would have also been difficult to fathom just five years ago. Watch it and you might just find yourself stashing all your spare change under the mattress (or investing with us).

http://www.youtube.com/watch?v=hS2HfjR9oPM&feature=player_embedded

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