Are we to witness the end of US dollar? Is history repeating itself? From Venezuela to China to Russia, there are many countries all over the globe making their moves to dump the US dollar. The latest country to announce that it is not longer allowing import procedures and purchase orders based on US currency is Iran. That means Iran is banning officially using of the US dollar in its import operations.

What all this means for Americans? It means that it is very likely more economic turmoil could hit the United States at home. If taking also into consideration Trump’s announcements of imposing tariff taxes on China steel exports, this may leave American in deep trouble since it could lead to future tensions between the two big countries.

In this context, the announcement of the Federal Reserve officials that they are ready to raise interest rates might come at the very wrong moment. The United States could be headed towards a time of great turmoil. And all this might happen sooner than anticipated and sooner than we’d like.

We all know how the financial exuberances of the Wall Street firms have led to the global financial meltdown of 2008. While the brokers made billions in some kind of a money game or Ponzi scheme by trading bonds made up of residential mortgages, the regular Joe on the street lost his home in a foreclosure.

Don’t think even for a moment that a handful of investors do not know that this will finally end up with the death of the economy. The entire economy was just a house of cards due to the mortgage scam. And this house of cards will inevitable and unquestionably crash.

This time will be much worse. The economy might fall apart, leaving millions broke, homeless and unemployed. The Great Depression is soon to be back, so you need to get prepared for what’s to come ahead.

You are lucky if you live outside big cities. You are fortunate if you own a piece of land where you can produce the basic food necessities. If not, maybe it’s time to buy productive land if you can afford it. And if you have extra cash, invest in gold or other precious metals. This can come handily in times of turmoil.