The Dollar Meltdown with Charles Goyette

THE DOLLAR MELTDOWN is a book about the financial future and what you can do about it. And you can do something! You don’t have to be a financial professional, expose yourself to risky leverage, or worry about every tick of the markets…  Once you understand the nature of the crisis you will discover that there are common-sense steps you can take now to protect yourself and your family and even to profit from the dollar meltdown!  

 
 
Pt 1: Dollar Meltdown: The visible and invisible debt
Pt 2: Dollar Meltdown: How we got here
Pt 3: Dollar Meltdown: What happens next
Pt 4: Dollar Meltdown: What to do about it

Topics discussed in this show:



•  How the price of gold moves higher as the U.S. national debt ceiling moves higher.(The lid on the national debt was raised an astonishing 7 times in the Bush years and twice during Obama’s first year.  And another debt ceiling hike is right around the corner!)
 
•  How the short frenzy of bailouts, stimulus spending and government guarantees, quickly grew to more than the entire U.S. federal debt!  (And why they lit the fuse for The Dollar Meltdown!)
 
•  Why Federal Reserve chairmen Greenspan and Bernanke failed to foresee the growing financial crisis – even as they added fuel to its fires!  (And why the more-of-the-same policies spell an even bigger calamity than the one we’re living through!)
 
•  How the visible national debt of $12 trillion is dwarfed by America’s real, but hidden, national debt of almost $100 trillion!   (Like an iceberg, most of the nation’s debt is hidden from view.  And like the Titanic, the ship of state can’t be turned in time to avoid a financial collision.)
 
•  What your share of the hidden national debt is:  For a family of four it’s about $1.3 million.  (Since America’s median household income is only $50,000, you see why there is no prospect of the debt ever being paid.)