Porter Stansberry: An update on ‘The End of America’

From Porter Stansberry in Stansberry Digest:

Longtime readers might remember a documentary we produced back in 2010 called the “End of America.”

The thesis was pretty straightforward…

America, having racked up debts (both private and public) so large they could never be repaid in sound money, would inevitably be forced to print its way out of perdition. As a result, our dollar would inevitably lose its position as the world’s leading reserve currency.

For Americans, the days of cheap and easy credit would be over. Going forward, we wouldn’t be allowed to merely print up paper to pay for our foreign loans. Such a development would be catastrophic to a lot of Americans, similar in many ways to the economic and social challenges Great Britain faced after World War II.

In our “End of America” presentation, we predicted several important developments that have since come to pass, such as a…

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