Numerous economists and investors are warning of another great financial crisis to come but few people want to listen to them. No crisis is ever exactly like the last one and the next great depression will be different from the last one. In the last depression those who had money were in a good financial position to ride it out but the next depression will see those with fiat money drowning in it as it becomes worthless.
One only has to look at Venezuela today to see where this will all lead.
The basic minimum wage in Venezuela today is $7 dollars a month. Not a day or a week but a month. One ounce of gold in the hands of a Venezuelan today would last them for years. This is a lesson we all need to heed.
www.zerohedge.com/news/2018-04-07/surviving-next-great-depression
