He's been selling this crap for quite a number of years now. No different that that religious scam artist that was preaching about the end of the world and then had a new explanation each time the Reckoning didn't come.
Only difference is that Porter Stansberry does a better job keeping his predictions open-ended. If you sign up for his newsletter, he continually tries to sell you investment-related products so that you can "hedge and plan for the coming collapse."
Just a bunch of fear mongering in order to sell you a product.
Quote:
Originally Posted by ecduzitgood
If the dollar is devalued doesn't that increase the cost/price of imported goods which in turn would reduce the amount of demand for imports and might just keep some of what we have here (businesses/jobs/money)?
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It also means oil prices would increase, our exports would be worth less value and we'd pay more for he commodities that we have to import.
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