- Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades -, page-172

The facts are the world is a wealthier place. All wealth brackets are rising.

For example growth (in population wealth) is predicting to grow by a magnitude of 5 over the next 10 years. Other regions less dramatic but growth nonetheless.

Standars of living are are growing exponentially and are projected to continue growing. Look around what do see? A/C in homes, shiny new cars, friends talking about their trip to the Himalayas and and absence of those horifiv pictures of famine we used to see coming out of Africa.

All achieved on the back of the monetary system we now have. To say it will collapse is not based on evidence, a mere example of faulty thinking - distortions in thought process. The classics bias "if I say it will happen it will happen". That type of bias is the road to ruin. It can be seen in investors that hold onto stocks in decline believing everyone else has it wrong and the stock will come good - only it doesn't.

There is is no evidence to suggest that wealth will decline. Now that is a fact!