- Financial Survival Network
- Posts
- The Coming Collapse of the Global Ponzi Scheme
The Coming Collapse of the Global Ponzi Scheme
by George Ford Smith SHTF Plan
This article was originally published by George Ford Smith at The Mises Institute.
It won’t be long before governments around the world, including the one in Washington, self-destruct.
Strong words, but anything less would be naïve.
As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency to stop.” Case in point: fiat money political regimes. Interventionist economies of the West are in a fatal downward spiral, comparable to that of the Roman Empire in the second century, burdened with unsustainable debt and the anti prosperity policies of governments, especially the Green New Deal.