It's only the beginning. The fiat economy is catching fire everywhere as the credit bubble implodes, which will implode every other bubble in commodities, education, housing, etc. until it hits a major bank that will tank the unregulated derivitives bubble (the Mother of all bubbles!), which will effectively kill the economy with a financial meteor strike.
The game is over, most just don't know it yet. I watch the graphs every day, and none of this is heading anywhere good. The global ponzi scheme laid out from the Federal Reserve is running out of gas. I don't think it will be long before extreme capital controls are everywhere, and bank runs are common all over as everyone tries to bail out.
The only place to go will be digital currencies. A run on the banks could very well spark a run on Bitcoin at the same time. This already happened once last April when Cyprus bank decided to basically steal funds from their depositors and Bitcoin got a huge spike. That was only a taster of whats to come.
Strap on your helmets, we're all about to go for a wild ride as the world changes drastically.
TBH I think we will see the rise of a PM standard. China and Russia have been amassing gold/silver, actual gold not the paper joke of gold. I would bet as soon as things get rough, China announces their currency is backed by gold, shows everyone they actually have it and call america out on their BS holdings. The cards are in play.. Germany has started the game, they want their gold that doesn't exist.
TBH I would stock pile food and water filteration units, food and water are things of true wealth.
