The End of America
Thursday, June 2, 2011 at 08:52PM
Silver Prices in Other
Porter Stansberry 01 June 2011.JPG
Porter Stansberry

The founder and namesake of Stansberry Associates, Porter Stansberry, shocked the audience at the Casey Research Spring Summit with his ‘End of America’ speech. “Our country racked up an enormous amount of debt over the last 40 years – an unprecedented amount of debt. We went from being the world’s largest creditor, to being the world’s largest debtor, to being the world’s largest debtor in history. Those debts were largely private until the fall of 2008, but what happened in 2008 is our politicians made a decision that default would not be the way these debts would be resolved. Instead they’d be resolved through inflation. I call this process ‘The End of America’ because I believe it must lead to the end of the U.S. dollar as the world’s reserve currency. ”

Hear more from his riveting dissertation in the video below.

Please click here.




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sk chart 22 May 2011.JPG



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