News & videos about the predicted collapse of the United States dollar, as well as the American stock market in 2014.

Wednesday, January 18, 2012

Snowshoer Lost on Mount Rainier Burned Dollars for Warmth

Well, at least the US Dollar is good for something these days!

A snowshoer who was lost in a blizzard for two days on Washington state's Mount Rainier said he stayed alive by digging out a snow tunnel and burning dollar bills for warmth.  Yong Chun Kim, 66, of Tacoma, said he carried a lighter and other emergency supplies and burned personal items: extra socks, Band-Aids, toothbruash, packaging, and lastly $1 and $5 bills from his wallet.  Kim, who served in the South Korean military in the Vietnam War, told KOMO-TV in Seattle that skills he learned as a soldier helped him survive. He said he wasn't scared. He kept waiting for the sounds of the helicopter — though severe weather conditions prevented park officials from using one to search for Kim.

"I'm a lucky man, a really lucky man," he said in an interview Tuesday afternoon from his home.

Mount Rainier Snowshoer Burned Money for Warmth - ABC News

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Breaking US Dollar Collapse News

What's Behind the Decline of the US Dollar?

This is one the of the best and simplest explanations we have seen:
The U.S. dollar's downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. - Wall Street Journal, April 23, 2011
Interestingly, the Federal Reserve is responsible for, or an active participant in all three of these factors.

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