Home Forums Events & Emergencies Economic Crisis How & When Will The Next Financial Crisis Happen? 26 Experts Weigh In… Reply To: How & When Will The Next Financial Crisis Happen? 26 Experts Weigh In…

#3179

James Mitchner
Participant

Russia just struck a deal with India on trade with the understanding that the currency used will be Rubles. Russia and China signed a trade deal some months ago to trade between the two nations using both Rubles and the Yuan. The BRICS nations, (Brazil, Russia, Iran, China, and South Africa) have been working for some time to unseat the US Dollar as the world’ reserve currency/Petro Dollar. Should/when this happens tons of dollars will be flowing back into the US from all over the world who have previously banked dollars. Hyperinflation will be the result because there will be too many dollars chasing too few goods. Imagine your saving loosing 40% or even more very quickly.

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