Charles Goyette ~ America Headed Toward Bankruptcy
Trends & Forecasts
Oct 18, 2012 – GoldSeek Radio’s Chris Waltzek talks to Bestselling author of The Dollar Meltdown Charles Goyette and author of “Red Blue and Broke All Over” , He points out that money printing is hurting savings, which form the foundation of sustainable growth. Instead the Fed has encouraged credit-based consumption which has led to the accumulation of massive debts. The question now is in what way these debts will be defaulted on, as there is no way of paying them off. Goyette advocates confronting reality sooner rather than later. In any case the value of the dollar will suffer as a consequence.
Charles Goyette was a longtime award winning morning drive-time radio host from Phoenix, AZ. He is a libertarian commentator, who is noted for his outspoken anti-war views, his opposition to the war in Iraq, and his economic commentary. He is the author of the book The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments.
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