Dr. Rod Lewis tells how to survive the inevitable collapse of the U.S. Dollar

Who is Jon Corzine and why will the bankruptcy of MF Global affect everyone’s pocketbooks? Tune in as Dr. Rod Lewis shares his views and financial advice.

Click here to listen to an excerpt of Dr. Rod Lewis’ Feb. 1 appearance on the radio show where he shared his views on energy prices and fiat money.

References
The Modern Survival Manual: Surviving the Economic Collapse
Fernando Ferfal Aguirre

Jon Corzine
From Wikipedia, the free encyclopedia
After his (Corzine’s) departure from Goldman Sachs, he earned what has been estimated to be US$400 million during the 1999 initial public offering of the company.

In MF Global’s Wake, Regulators to Audit All Futures Firms
By Ben Protess
NYTimes.com
Nov. 10, 2011

The primary reason MF Global collapsed: Primary dealer supervision
By Thomas Watson | November 09, 2011
CanadianBusiness.com

Segregated Account
InvestorWords.com
A separate account used by brokers to keep their customers’ money separate from the firm’s money. This is done for a few reasons, including creating a clear separation between the two groups of money so neither is used for the wrong purpose, and also to insure that the money can be easily identified as belonging to customers in case anything happens to the firm (such as bankruptcy).

Quantitative easing
From Wikipedia, the free encyclopedia
Quantitative easing is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective.

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2 Comments

Filed under Business, Government & Organizations, National, News & Politics

2 Responses to Dr. Rod Lewis tells how to survive the inevitable collapse of the U.S. Dollar

  1. Notes From Underground: Bini Smaghi Resigns From ECB Executive Board … What’s It All About?
    By Yra Harris
    Nov. 10, 2011

    Has a back room agreement been reached to greatly enhance the credit power of the EFSF? This is Europe and nothing is done without a quid pro quo: THERE HAS TO BE A PAYOFF.

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