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Currency crash

On pillowed ostriches

In this audiovisual interview on the coming collapse of the dollar James Rickards explains the content his book The Death of Money, which I recently read.

Quite a few white nationalists are not only behaving like pillowed ostriches about real economics. They are as irrational about economics as the typical liberal is regarding race, gender and sexual orientation. See for example this article by Greg Johnson published a few months ago. He wrote:

It seems exceedingly unlikely that any country or group of countries can replace the dollar as world reserve currency, even if they wanted to.

Johnson simply ignores that many countries are already bypassing the dollar as their reserve currency.

Last week Johnson wrote another article for Counter-Currents,
“2014: The Year in White Nationalism.”
He shares the “skepticism about Austrian economics-driven dollar doom predictions” but offers no shred of data or arguments whatsoever. Only flat statements, exactly what he does in that same article about energy devolution.

I’ll annotate something when the crash of the dollar steamrolls those nationalists who, behaving like ostriches instead of doing their homework, will be unprepared when it hits the fan.