I first learned about this by watching the YouTube by Porter Stansberry, titled "EndOfAmerica" http://www.stansberryresearch.com/pro/1011PSISBBVD/PPSIM826/PR .
He talks about what will happen when the U.S. Dollar is no longer the reserve currency of the world.
I read about Belarus devaluing its currency by 56% in May 2011, and have been reading articles about their country and the troubles they are having. I read books about the Weimar Republic in Germany, and about the hyperinflation there. I can see that happening to us too.
Later I started paying attention to Peter Schiff, Gerald Celente, John Williams, Jim Rogers, and Harry Schultz, they talked about quantitative easing (printing of money) and how it causes inflation. They taught me about the unsustainable debt our nation has, and how no one will bail us out when we can't pay it back.
Some of these economists (I can't remember which ones) believe that when the euro fails, our U.S. monetary system won't last another two weeks. That is why I keep harping on this subject. I think we all need to get our food storage, because things are going to get bad fast.
(Here is just another article predicting the end of the euro. Like I said, there are several every day.)
http://www.cnbc.com/id/44457766
Choudhry: Surmising an End Game for the Euro
Published: Friday, 9 Sep 2011 | 1:01 PM ET
By: Dr Moorad Choudhry
Head of Business Treasury, Royal Bank of Scotland
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