Interviews with Jim Willie, audio only on Youtube HERE
Despite Jim Willie’s constant “the sky is falling soon” interviews – his logic makes sense – America has abused the advantages of dollar hegemony and although it has taken decades of abuse to get here the Federal Reserve’s unmitigated greed will eventually crash the system. And “eventually” seems to be coming soon.
Even the Bible has warned for almost 2,000 years that in the end times there would be hyperinflation and scarcity, with a day’s wages being needed to buy the daily ration of grain for a single laborer – with nothing left over for his other needs like rent, fuel, insurance, children…
Revelation 6:5-6 “When He broke the third seal, I heard the third living creature saying, “Come.” I looked, and behold, a black horse; and he who sat on it had a pair of scales in his hand. And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius.” A denarius was a typical day’s wages.
So in 21st century America, printing and digitizing more money into creation (quantitative easing = QE) has accelerated, but it isn’t influencing consumer spending – which is slowing. The American economy is in bad shape after decades of shifting jobs overseas. Asians in particular have accumulated our promises – our dollars – for their goods and services – and in the beginning they are happy with dollars and US Treasuries. But eventually they realize they are working for paper and digital promises until they exchange them for property and goods and real stores of wealth like land and gold.
But America is too greedy to honor our monetary promises, so Asians are not having an easy time taking possession of real assets. They are often told “no” when they want tons of gold or valuable companies and properties. They are having trouble spending their US dollars in quantity. They are getting tired of a global system centered on dollars. They have enough.
It only makes sense that responsible nations with more than enough dollars – China, Japan, Germany, Switzerland, Russia, Saudi Arabia, and many others – may work together for a new system that benefits them, and not America. A new system will likely place high value on GOLD.
Since the US economy has been a house of cards held together with lies and more lies and hiding the truth and deception and fraud for many years, it is an inherently weak system, structurally hollowed out, surviving on faith and belief that the US is still what it used to be 50 years ago. When other nations decide the time has finally come, they will expose the dollar’s weakness and uselessness. They may simply say that oil will no longer be traded in dollars. They may, as Jim Willie suggests, revalue gold and silver to much higher levels literally overnight – once they have accumulated as much as possible with dollars that are ever more difficult to exchange in large numbers.
When this happens, China and other nations will experience more purchasing power and greater financial dominance. Americans will experience crushed purchasing power, much higher prices, and the obvious end of the American era.
Such a crisis could easily allow the martial law and dictatorship I expect in America by 2016. I expect no elections in November 2016. If you understand the coming economic collapse, and you are interested in prophecy as well, read:
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