In 2011, I published an online documentary, The End of America. It explained, in detail, that the greatest danger America faced was not a recession, or a political figure, or a foreign enemy. It was the mathematics of our own debt.
I predicted we would see the dollar’s status as the world’s reserve currency begin to erode, that central banks around the world would quietly reduce their Treasury holdings and buy gold instead, that the government would be forced to print money directly to fund its operations, that inflation would return with a vengeance, that trust in institutions would collapse, that political violence would rise, and that a great portion of the American middle class would be wiped out without understanding what had happened to it.
Every one of those predictions has come true.
But the particular event that all of those predictions were building toward — the reset, the moment when the old monetary order finally breaks and a new one has to be built from its ashes — has not yet happened.
It will, in 2029.
The Social Security trust fund is now officially projected to be depleted in 2032. But that is based on a whole set of very optimistic assumptions, none of which have yet been tested in a world of rapidly rising commodity costs, thanks to the Iran war. I think it’s far more likely that Social Security runs completely out of money by 2029.
And what else will happen that year?
The Congressional Budget Office has officially projected that federal debt held by the public will break the all-time record of 106% of GDP, set in 1946 immediately after World War II, in 2029.
Exactly one century after 1929.
At that point, the Federal Reserve will no longer be able to both restrain inflation and keep the government solvent. It will have to choose. And because no democratically elected government in human history has ever chosen austerity over inflation when the choice was forced upon it, the Fed will choose inflation. The dollar will be devalued — formally, openly, against gold, against other currencies, against every asset that cannot be printed — in a single coordinated act, exactly the way Franklin Roosevelt devalued it by 69% overnight on January 31, 1934, and exactly the way Richard Nixon devalued it by closing the gold window on August 15, 1971.
This is the Fourth Turning. This is the reset.
When this happens, it is not going to be orderly. The last 4 times America went through this — in 1781, in 1865, in 1934, and in 1971 — the country emerged intact but transformed, with a new monetary order built from the wreckage of the old one. Each time, the people who had kept their savings in the old currency were destroyed. Each time, the people who had quietly moved their wealth into unprintable real things were fine.
Let me show you exactly how to survive what's coming so that you, and your family, can prosper in the rebirth of America that will come after the great monetary reset.
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