Tuesday, January 25, 2011

Watch This Hedge Fund Manager's Terrifying Video Of What The World Will Look Like When The Dollar Collapses

Damon Vickers, a hedge fund manager in Seattle, has made a terrifying video (embedded below) of what might happen if the world markets crash. He says it happen any day now, at any time -- even right now!

Because there's a risk someone might take Vickers' apocalyptic warning too seriously, we'll tell you the good news ahead of time. Vickers has written a book that has all the answers. Just buy the book, and you'll be fine.

(Also, if possible, go back in time to June and follow the genius advice he gave on CNBC, which totally panned out exactly as he planned.)

If you don't have time to watch the video, Vickers' apocalyptic prediction goes a little something like this:

The Fed prepares to do its QE trick at the Wednesday bond auction, pushing the dollar down even more. China announces that it won't buy any more U.S. notes until the U.S. stops devaluing the dollar. The news hits the wire... Traders around the world become net-sellers of equities, bonds, and Western currency... No one has any liquidity, except China... Within minutes, electronic trading systems short circuit under the load of sellers... Some traders choose oblivion, others join the rash of suicides, others slip away quietly and are never heard from again... Panic sweeps the globe... most nations activate their police and militia to quell angry rioters... Elsewhere, the fisherman still fishes, and the farmer still hoes his fields, and the baker still bakes his bread... The world now shares a common currency... and prepares for a global currency exchange and debt re-set.

-- Which all happens in 14 days. (But remember, get the book and you'll be fine.)

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