In a startling revelation, former Defense Department Consultant Jim Rickards just shared a dire threat posed by Congress.
It's a risk grossly underestimated by Wall Street and the Federal Government, yet this looming danger could lead to the U.S. defaulting on its debts, sparking a worldwide frenzy to abandon U.S. Treasury securities and the dollar.
Rickards says once it all unfolds, Americans will see:
- Skyrocketing interest rates, affecting everything from mortgages to consumer loans.
- The potential collapse of the U.S. dollar as the world's reserve currency.
- Devastating impacts on savings and brokerage accounts nationwide.
In his new report, Rickards delves deep into the nature of this threat, its probable timeline, and its catastrophic potential to reshape global finance as we know it.
He warns, “The issue is whether it's already too late to undo the damage. Once new trading currencies and new payment channels are put in place, which is happening quickly, there's little incentive to go back to a dollar system.”
It's impossible to take the steps needed to protect your assets without fully understanding the impending financial disaster. Waiting could mean the difference between safeguarding your financial well-being and falling victim to this unprecedented economic upheaval.
Click here to view Jim Rickards' new warning.
More than 110 banks recently enrolled in a pilot program which could be the trojan horse for the digital dollar. Banks like JPMorgan Chase, U.S. Bank, Wells Fargo and Citigroup, just to mention a few. If you have any U.S. dollars in your bank account, you must prepare now… or risk losing everything.
Click here to see more details, including if your bank is on the “Dollar Recall” list.
