Elijah Johnson, the 16-year-old seemingly smarter than the Bernank, joins us again today, Monday, July 2, 2012. Elijah has now interviewed quite a few noteworthy people, and what he’s learned is that the global economic crisis is inevitable. Elijah has become financially aware and acknowledges the Federal Reserve as a banking cartel. The U.S. is over 16 trillion and counting in debt, and there’s really no way to pay it down. According to Elijah, and I must agree, we are left with two options: print more money or default on the debt. Either way, we are currently in a losing battle. Printing more money to pay off our debt will cause the dollar to crash and defaulting will send the U.S. credit rating down the drain. Precious metals are the least risky assets that will protect you from the impending doom.
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