The part I agree with is that the dollar is falling because of our crazy national debt and when it reaches a tipping point we will not be able to use it to buy things like oil form other countries. It starts a little at a time. Cities file bankruptcy, then states, but when the feds have the same problem it's all over. He says it will happen this year.
If you borrow $100,000 now and inflation goes up like crazy when the dollar goes down in value you may be earning $100 an hour a mcdonalds and be able to pay back depts easy.
If you have any kind of investments even if they remain stabile they will be worth almost nothing. He reccomends to invest in gold and silver and other tangible objects that you can sell in the future for the real value unrelated to the value of a dollar. I have believed this part for many years.