[Hoot Gibson]

Facts? I think he's blowing a bunch of smoke:

The US Dollar hasn't really been the worlds reserve currency for a number of years. Banks around the world invest in currencies that are stable or increasing in value at any given time. The US dollar has been diminishing against some currencies for several years. However, the Fact of the matter is that the exchange rate works in a cyclical pattern. Once the dollar reaches a certain low, the cost to import goods becomes so great that it becomes cheaper to produce rather than import. It also becomes cheaper for other countries to buy goods from the US than to produce. So IF the dollar were to drop to that level, then we would see a revitalization of manufacturing in the US (not necessarily a bad thing). Of course, a lot more comes into play than the value of the dollar, but you see what I'm saying.

This guy is using scare tactics to sell his products....period. I mean write off the bat he talks about how much time and money he spent to make the video, but how much does it cost to buy a dry-erase board and hire an artist to draw pictures on it?

I don't think I'll be preparing for a world chaos due to the value of the dollar........now the impending Zombie Apocalypse is another story!

As to the bolded, while it is true that the exchange rate fluctuates, our trade deficit has been growing consistently for many years. Take, for example, our trade deficit with China, which has been in the red and growing since at least 1985. While the magnitude of the deficit has fluctuated, it has never oscillated enough to give us a trade surplus during that time period.

Trade in Goods with China

I believe that we are headed for an economic catastrophe, but I don't believe that anybody can predict its arrival. Nor do I think that there is much that most of us can do to adequately prepare for the calamity over the long run. If I won a large lottery, then I would use part of the money to build a secure shelter and stock it with food, guns, ammo, etc., but adequately protecting ourselves from the impact of a global depression and anarchy is currently beyond the means of the 99-percenters and I do not pay the stupidity tax (a/k/a the Lottery) very often.