“Contrary to what you hear, we’re already in an economic collapse, except that most people haven’t a clue. The ‘big bang’ comes at the end, when people wake up one morning and can’t log in to their bank accounts, can’t use their ATM cards, and find out that their private pension funds and other assets have been confiscated.” –DHS Whistleblower http://yournewswire.com/dhs-insider-crisis-of-unprecedented-magnitude-to-strike-u-s/
I was going to schedule this post to go out in a couple of weeks, but I’ve decided to put this out today, because I think it’s that important. How exactly does one plan for a “Crisis of Unprecedented Magnitude”? I’ve personally done all I can think of to prepare for what is already unfolding and hope that many of my friends and family have been smart enough to do whatever they can. Yet, I choose not to live my life in fear, and I know that someway, somehow we’ll all get through this. The best I can offer at the moment is a summary I’ve prepared of some of the best financial information I’ve come across.
Jim Wille, Market Research and Statistical Analyst is one of the best sources of explaining what is going on in the financial world. I’ve been listening to him all year. He mentions that a lot of people don’t understand today’s economics. It is termed by many as the “dismal science”. Jim Willie, Phd, provides clarity and transparency to today’s economics.
The World Financial Structure is Collapsing:
The financial platforms are collapsing. Within the next three years, all the platforms, financially are going to subside at an alarming, rapid dollar base rate. This is evident as there has been a negative repo rate, negative interest rate and a negative country growth rate commonly known as GDP, Growth Domestic Profit, negative dollar swap rate and failure to deliver market bonds. These financial markets are failing with the Treasury bond market. As the latter fails, we see that there is a major fail in the country’s dollar system as this is the main currency system of a country. The Treasury bond market is termed as a black hole based on the negative growth rate. Evidence of this is a failure in the shared bonds, corporate bonds, junk bonds, sales sector bonds at a 30-50% loss. The weaker currency such as the Indian rupee, Brazilian currency and other currencies are drastically failing and money from the big players in those countries are flying out of their currencies and into the dollar. The Treasury bond being the facilitator, enables an unfair trade as the weaker currencies are always at stake in the trading process. In a perfect example, we see how the currency in Italy is doomed as a result of the US Treasury trade.
There is a dire debt problem globally and the officials are taking actions that result in being in a deeper debt dilemma. Jim Wille expressed that,”… it is like putting fire on a gasoline and expect it to go out”. As a result of these decisions, we see an exposure of the monopoly system. With this, shares, bonds, mutual bonds are going to be lost by 50-60%. An “end of an era” economy. War constitutes to this which includes the US military, Germany and the Middle East in unreasonable agreements.
CHINA IS DEPEGGED FROM THE DOLLAR
China has devalued their RMB:
The US currency is going to be constantly increasing in relation to the other currencies and then eventually there is going to be a total eradication of the other currencies. This can be vividly visualized in this manner: the US dollar going to rise to an optimal atmospheric level and pops like a balloon; and be vanished. After which, there is going to be an onset of a new, possibly, renown currency system.
Japan and China have lowered their currency as it relates to import and export trades with the US. However, China’s motive is to lower their currency in order to announce before law a Gold backed RMB, gold trade notes and gold back currencies within the brick system. This enables a competing currency war. The US is not entirely happy with this because while their currency is increasing, it is killing trade profits.
China and other countries are dumping their US Treasury Bonds to benefit from additional currencies from first world countries such as the USA. Additionally, they do this to get a basket of currency from the IMF.
The Climax for Oil Shipments:
Saudi Arabia, has a promising action in the acceptance of RMB for oil shipments. The dollar is not entirely excluded as they take both to allow for a recognition signal and allow for other countries to be a part of the oil shipment market. This aim is to save the petro dollar.
Dollar Global Reserve currency:
Foreign banking systems, such as, South Korea and France use have their saving accounts as a foundation for their main banking system. As a result of the global economic collapse, the funds are going to be eradicated.
The New York Stock Exchange:
China hacked into the New York Stock Exchange System. The sole intention for this was to let the US know that they can perturb and interfere with their stock market. Prior to this action, the US hacked in china’s database and had caused a system collapse. With China’s avenge they had affected the airline database system server and Wall Street.
Globally we have exploiting inflation for thirty years; many government deficit to exportation of debts and put in the banking system. The bond yield or the treasury is low and as they come back to the USA, they are covered with QE and will affect the foreign dollar. This will result, or often times result in the devaluing of the US dollar.
So these are all major signs that the collapse is already upon us. It is incremental. You can follow along with Jim Willies interviews or subscribe to his popular “Hat Trick Letter” by visiting his site here: http://www.goldenjackass.com/
I will be 64 Oct 1, this has been happening my whole life! I believe inflation is a lie to keep us in check…the dollar is worth less every second of every day, I remember cigs and gas being about the same price .25 back in the day, I thought I would be well off when I could make $5 hr~lol everything had gone up in price so I was no better off. everything has gone up but wages, people still think I should only charge $10 hr with 50 years experience~lol…Since my accident in 2010 which shattered a vertabrea I now have titanium rods that allow me to sit up and attempt walking. I was forced into early retirement at 62 and now they expect me to live on 800 a month~lol. Since the Fed took gold away it has all been a scam played on us poor people trying to survive, yes the house of cards needs to fall…any suggestions would be sincerely appreciated. I can design and supervise any project you might have in mind, got a CAD degree in 2003