Nobody said the sky was falling.

What has been said by much smarter people than me long before this, is that our country has been on an unsustainable track for a long time and that eventually something has to give.

After Nixon took the greenback off the Gold Standard, the US Dollar's value has been unnaturally propped up by the Petrodollar cycle.

Michael Ruppert and Ron Paul and Stephen Leeb, among many others laid out the sequence of events that we are now witnessing two and half years ago. The Mortgage crisis, over $100 a barrel oil, the failure of the automakers, lending institutions, and now the banks and the insurance companies.

The reality is that the world has experienced some of the greatest shift of wealth in recent history, from the Anglo-Saxon nations who have dominated the global economy for the last 200 years, to Asia and Continental Europe. This shift in wealth will shortly result in the economic collapse of the Anglo-Saxon nations ­ their money will become worthless, and their economies will disintegrate into anarchy and poverty.

Printing money to solve a nation's economic problem can never be sustained. Eventually, it will lead to the debasing of a nations currency and run-away inflation. This is not about the sky falling, it's about not being afraid to see what is happening right before your eyes.

The rapid increase in the money supply of US dollars is the number one reason America's wealth has shifted from the US to Asia and Europe. In particular, China has benefited enormously from the inflow of dollars which has financed the rapid growth of its economy, providing the capital to develop their competitive export sector. The Asian economies high rates of personal savings have financed their domestic growth as well as finance the US deficits.

The reason why America has such large trade and current deficits is because of the expansion of its money supply, without the corresponding expansion of its productive capacity to produce the wealth to sustain the increase in money in circulation. The lack of domestic savings to provide the investment capital into new manufacturing capacity is also a contributing factor. The cost of maintaining a large military establishment and the decline in the social fabric of society are also significant contributing factors, both of which consume resources that should be invested in the manufacturing sector for a nation to remain internationally competitive.

Pretending as if what is happening right now and is just some sort of cyclical blip on the radar is the approach of fools. It not only ignores the very unique events that have taken place over the last couple of decades, it seems to lack the ability to understand how and why this is happening.