Since 1971 when Nixon passed legislation where the dollar was no longer backed by gold, the US has had 40 years of a Ponzi scheme and fiat currency, which cannot be sustained any longer. IF there is no decision by the deadline (or even if it is resolved), the US Ponzi scheme (not being backed by gold- fiat currency) is going to collapse because there is a growing loss of faith in the dollar nationally and internationally. As the dollar is the basis of all international currency, it will collapse Read more [...]