Thursday, April 25, 2013

The Dollar Vigilante

So you'll probably recognize the guy in this video, Jeff Berwick, from the Bitcoin interview we watched in class.  He writes this economically focused financial newsletter called The Dollar Vigilante.

http://www.youtube.com/user/TheDollarVigilante

Essentially, he thinks that the US economy is going to collapse in the next few years, followed by many other major players in the global economy.  If you skip to about 2:30 he makes a bold claim: "government can never help anything." What??

Another highlight at 8:09.  Listen to what he has to say about Canada.

Do you agree or disagree with Berwick's somewhat controversial views of the US economy and government? Did his arguments convince you that our economy is quickly approaching a collapse? Or do you think he's a huge weirdo that doesn't know what hes talking about?


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