I read a book called Crash Proof by Peter Schiff.  Peter Schiff is the a broker and creator of Europacific.  He often appears on FoxNews, CNN and other major news outlets predicting

Gloom and doom.  He was also the financial advisor of my man Ron Paul. 

I got interested in reading his book after he very accurately predicted the housing bubble and the subsequent bail out. 

www.youtube.com/watch?v=IrpPsOvHUU8

www.youtube.com/watch?v=knJudP7QgyY

What comes after the bail out is what is scary.  Schiff says that the US dollar will collapse and succumb to hyperinflation as Weimar Republic (of 1919-1933) and Zimbabwe currently suffers.  It will be harder to purchase anything that is shipped from overseas, which in America is now almost everything.  He says that once Asian countries (our biggest debtors) figure out that they can do better without holding our debt, they will begin to dump the dollar.  He says that if the dollar loses its status as the world’s reserve currency our economy will come crashing down like a house of cards.  The resulting collapse will be possible civil unrest and more crime.  

I hope this guy is wrong, but he has been dead on with everything else.  The book was published in 2006 and he accurately predicted the subprime crisis and the bail  out.  Its no wonder Ron Paul has been so accurate.

He pins the disaster mainly on the Federal Reserves irresponsible and wreckless actions of printing dollars (inflation) and lower interest rates so that credit can continue to flow. 

I have to agree with Glenn Beck, as smart and educated as Bernake and Paulson are its almost as if they are trying to destroy the dollar:

www.youtube.com/watch?v=jB9fuIvksLw

Schiff touches on how to protect liquid assets during the collapse.  He mentions getting completely out of dollars and into commodities, gold, silver and foreign currencies.  Practically anything but the dollar.