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Kerry Lutz of the Financial Survival Network spoke with Andy Hoffman for a dismal look at the state of the world’s economy. Not much good news to be had in Europe, certainly very little in the US and it’s a bit discouraging that Communist China has become the hope of the free world. There’s a massive race to the bottom in Europe and there’s nothing that can be done about it. The US is in complete denial over its own dire financial situation. 46% of every federal dollar spent is borrowed. The US’s deficit is coming in around $5 billion per day in Fiscal Year 2013. When will financial sanity happen? The only sanity left in the world is buying gold and silver.

Inflate and Die Tomorrow, or Deflate And Die Today