On Monday and Tuesday evening, I had the great pleasure of speaking to grassroots political groups up in the Dallas/Ft. Worth area.
My message was pretty simple:
1. The United States is coming up on what will probably be decades of turbulence.
2. Intelligence at the community level will help you prepare for and navigate what could be a hard landing.
Maybe the most shocking thing I told them was the JP Morgan study about the lifespan of world reserve currencies.
From the Portuguese Real in the 1400s to the British Pound of the 19th and 20th centuries, world reserve currencies only last about 100 years. Some countries enjoyed world reserve status for as few as 80 years, some up to 110 years, but they all end in that time frame.
Maybe the U.S. Dollar will become the exception. Given the current trajectory, I wouldn’t bet on it. But maybe.
Otherwise, we could be nearing the end of dollar dominance. If we start the clock at Bretton Woods in 1944, 80 years is 2024 and 110 years is 2054.
Just as it happened with other currencies, as demand for the dollar drops, so will its value.
We could already be in a transition phase for the USD, which is sure to result in declines for purchasing power and the standard of living for the United States.
And that’s going to have a huge impact on our low intensity conflict.
Long time readers of mine will know that I’m not a Chicken Little. I don’t use hyperbole. I do my best to keep an even keel…
That said, I hope you’re buckled up.
Life goes on, but it’s going to be a lot tougher.
Developing a preparedness group, a community, a tribe — call it what you want — is mandatory.
And Intelligence should play a prominent role.
Earlier this year, I recorded a video outlining three things you should be doing now to prepare for what’s to come. I hope you’ll give it a look: Actionable Intelligence
Until next time, stay out front.
Always Out Front,
P.S. – Having an intelligence network in place is going to make life during emergencies a lot easier. That’s why I created an accelerated online course to show you how to build a local intel net, each step of the way. The good news is that there’s still time to get started. –> Intel Bootcamp