How to Survive a Real Currency Collapse
- He’s a multi-millionaire businessman who’s lived in nearly a dozen countries, and today owns more than 100,000 acres of land on 3 continents
- He survived the Argentinian currency collapse in 2001, the largest sovereign debt default in history, and even made a 700% return in the aftermath
- He weathered the Asian financial crisis of the 1990s – and managed a 20-to-1 return amidst the economic shift
Now, America’s original and most experienced ‘International Man’ explains exactly what America’s currency collapse will soon look like, and how to REALLY prepare.
Most Americans have no idea what really happens when a currency collapses, let alone how to prepare…
But global economist, multimillionaire businessman, and New York Times best-selling author Doug Casey does. In fact, he might be the single most knowledgeable person in the world on the subject.
Dubbed the ‘International Man,’ roughly 4 decades ago, Casey has not only established residency in nearly a dozen countries, he’s visited 145 nations (he recently got back from Mauritania where he inked a new TV deal), and has been a major investor in over 1,000 businesses across the globe…
It’s safe to say that there’s probably not another American alive today who has been to as many foreign lands, done as many international deals, and learned as much about global economies, currencies, and the inner workings of foreign governments.
In fact, Doug Casey has personally experienced (and prospered through) some of the worst financial crises of our time, including the largest sovereign debt default in history:
Casey was in Argentina in 2001 when the government defaulted on nearly $100 BILLION in debt, the single largest debt default the world has ever seen, where in the aftermath:
- The national currency – the Argentinian Peso – LOST over 70% of its value, in a matter of weeks.
- Riots ensued as the government placed capital controls on the Peso and imposed restrictions on banking withdrawals.
- The inflation rate soared to 40%.
- The economy shrank 28%. real wages fell 24%.
- 50% of the population fell below the poverty line. practically overnight.
- Unemployment skyrocketed to 25%.
Douglas R. Casey, the original ‘International Man,’ has visited more than 145 countries, lived in 10, and calls 4 home. He’s participated in several televised debates with Presidential candidates and served as an economic advisor to the leaders of six countries. He’s been a regular guest on national television when people want to know what’s going on in the global financial markets—including spots on CNN, Merv Griffin, Charlie Rose, Regis Philbin, and
NBC News. Phil Donahue even devoted an entire show to his work.
He’s written numerous books (two were NY Times bestsellers, one of which was #1 on the NY Times bestseller list for 29 weeks). He’s even written the #1 best-selling book in the history of Rhodesia. He’s been the subject of articles in Time. Forbes. People. The Washington Post. and The New York Times Sunday Magazine. just to name a few.
But none of this fazed Doug – or materially affected any of his assets in the country at the time. In fact, Casey made a whopping 700% return on his money in the aftermath.
Something similar happened when Casey was in Hong Kong in the 1990s…
As you may recall, a massive financial crisis swept across Asia like wildfire. But in the process, Casey managed to secure a 20-to-1 return amidst the economic shift.
In short, if anyone knows what really happens during a currency collapse and how to prepare, it’s Doug Casey.
And that brings us to today…
Recently, Doug Casey has gone public with an urgent message to the American people:
Casey says – although few people realize it – America is on the brink of a major and unprecedented currency collapse, similar to what happened in Argentina in 2001, except on a much grander scale.
A hundred years from now, should mankind survive that long, Doug Casey may be remembered as one of the great prophets of our time.”
Robert J. Ringer,
American Entrepreneur & Best-Selling Author
According to Casey:
We are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge. It’s going to be much more severe, different and longer lasting than what we saw in 2008 and 2009… The U.S. created trillions of dollars to fight the financial crisis of 2008 and 2009. Most of those dollars are still sitting in the banking system and aren’t in the economy. Some have found their way into the stock markets and the bond markets, creating a stock bubble and a bond super-bubble. The higher stocks and bonds go, the harder they’re going to fall.”
What’s more, according to Casey, the average American is totally unprepared for when this next phase of the crisis hits:
This huge recession that started in 2007, and the bottom was 2009 and 2010, has cyclically recovered. So, people think it’s going to be happy days again, but it’s not… You’re going to see very high levels of inflation. It’s going to be quite catastrophic.”Source: www.caseyresearch.com