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Showing posts with label World economic collapse. Show all posts
Showing posts with label World economic collapse. Show all posts

Friday, June 22, 2012

U.S. and World On Edge of Collapse

The bandwagon is getting more crowded week by week as financial experts joint the chorus on an
impending world and U.S. financial collapse.   Paul Krugman and Chris Martenson are among
prominent analysts.

The latest is the former co-manager of the GLG Global Macro Fund, Raoul Pal,  who believes  that a
global banking collapse and massive defaults will bring about “the biggest economic shock the world
has ever seen” — and there’s nothing we can do to stop it.

China, for one nation is trying to make the U.S. dollar collapse.  They are buying not only the world's
gold. but the gold mines as well, to prop up their currency, the Yuan.   Their attempt to corner the
world's gold market is to weaken, then replace the U.S. dollar as the world's reserve currency.   The
dollar has been weakening abruptly since 2010.  And not only China is wanting the dollar to collapse,
the U.S. gives refuge to George Soros who is also actively seeking the U.S. dollar's demise.  Figure out that crap?!?  

If the Dollar ceases being the world's reserve currency, the demand for dollars would evaporate leaving
a glut in dollars and therefore the value or buying power would plummet resulting in high inflation
or hyper-inflation.  You think food and gas prices are high now?

The Occupy Wall Street (OWS) movement, funded and/or financially supported largely by
leftist/liberal groups such as Open Society Institute (now called the Open Society Foundation), Media
Matters, The Tides Foundation, Alliance for Global Justice, Adbusters Media Foundation, will be an ant
hill compared to the mountain of protests and civil unrest is the dollar collapses leaving well over a hundred million people living hand to mouth,....and being really pissed about it. 

Adding to the gloom is the National debt.  If countries continue dumping or accelerating the getting rid of
U.S. treasury notes then the dollar devalues and the interest payments alone on the $16 trillion dollar
debt could go from just under $500 billion annually to over $1 Trillion.  If this happens, the dollar will
automatically cease being the world's reserve currency and inflation/hyper-inflation will happen.   You
can bet on it.  If you are reading this site, you probably already are betting on it.     

Monday, April 18, 2011

Urban Survival Planning - Financial Collapse: One Scenario

This is what the Complete and Total Economic Collapse of the United States and the World looks like on film. An older movie to be sure, but the principal catalysts remain the same,...hyper-inflation, total devaluation of the dollar, gold and silver prices skyrocket,......commodities in short supply.

The difference between this old movie and today is the incredible national debt the U.S. has incurred; the ability of the U.S. to feed itself has diminished something like 70% while the population has increased greatly; mass migration from the cities; housing crisis with foreclosures about to hit critical mass; the need for oil has greatly increased; and, not but least is that our enemies have grown much more sophisticated.

By the way, I ordered the movie which is available on