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Doug Casey On The Year The World Falls Apart

• https://www.zerohedge.com by Doug Casey

Doug says a disaster of historic proportions is on the menu for 2019.

And it's critical to understand what's happening.

Read on for four specific predictions about what lies ahead. Some of these predictions may seem outlandish... but you owe it to yourself to hear what he has to say...

Prediction 1: The End of Retirement

The average American can forget about retirement. We've all heard these stories about how the average American couldn't lay his hands on $1,000 to save his life. His expenses aren't going away, however, even if his income does.

It seems like things have reached a critical mass. And if the economy slows down there are going to be a lot of people losing their homes again. They'll be unable to pay their credit card bills, their car payments, their student loans, or anything else. They aren't going to be able to buy anything. They wound up in breadlines in the '30s. But today 40 million Americans have SNAP cards to take away the hunger pains and embarrassment of being penniless. There could be 100 million in a few years.

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