We have many gurus, fortune tellers, market analysts and current affairs
\nwriters in our club. There is plenty of concern that the US will not be
\nable to borrow and print more money to use, after Aug 3. Many US
\ngovernment employees will not be able to be paid their monthly salaries.
\nAnd, worst, US bonds and other securities will be downgraded, together with the
\nUS dollar.<\/p>\n
I wonder whether this will be a frightening time in our lifetime. And,
\nit’s not just the US, there is Europe to worry about. I am aware
\nsome guys in SHC have already liquidated or disposed most of their
\nholdings. Many countries have lost confidence in the US
\n dollar. Perhaps, a good time for all of us to put more gold necklaces
\n around our necks. <\/p>\n
Have you been following? or have you been worrying? Share with us
\n your views and thoughts? If not, how about a good prediction where the
\nworld economies will head before 2011 comes to a close.<\/p>\n
Terence Seah <\/p>\n","protected":false},"excerpt":{"rendered":"
We have many gurus, fortune tellers, market analysts and current affairs writers in our club. There is plenty of concern that the US will not be able to borrow and print more money to use, after Aug 3. Many US government employees will not be able to be paid their monthly salaries. And, worst, US … Continue reading “Will the world economy collapse on Aug 3, 2011?”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-3733","post","type-post","status-publish","format-standard","hentry","category-reflections"],"_links":{"self":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/3733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3733"}],"version-history":[{"count":0,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/3733\/revisions"}],"wp:attachment":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}