“Rebellion Against and Rejection of the Dollar”
Video Interview HERE
Jim Willie always argues that the system of fake money America has imposed on itself and the world in recent decades (since breaking loose from any ties to real value backed by gold and silver) can’t last forever.
The only reason it lasted this long is because America was the only big winner of WWII and in 1944 America got its allies to agree to a global monetary system focused on the US Dollar as the reserve currency everyone wanted, stored up, and traded with.
It made sense in 1944, when America was the safest nation with by far the biggest economy and the currency was restrained by a link to precious metals. At back then, Russia was an ally against Germany, and China was an ally against Japan.
But bankers are greedy, the money supply has ballooned to insane levels, everything is artificially manipulated to the benefit of the big banks and the detriment of small savers, investors, and most of the world.
Well, most of the world has grown in military and economic power, (China in particular) and are tired of seeing their earnings siphoned off in a “pay America” (pay the major American banks) tax by using the dollar. Once they finally develop a foreign system to compete with the dollar and cooperate to enact and enforce it, the dollar will instantly collapse in value due to a sudden drop in overseas demand.
If Germany and Russia and China don’t want dollars for their merchandise, and want a different currency they create, that currency will replace the dollar. If Saudi Arabia and other oil producers stop the petrodollar program in which oil in internationally traded only in dollars – The US will be like a common criminal who got caught writing bad checks when suddenly no one accepts those checks anymore. But even worse will be reverse demand – instead of nations accumulating US Treasuries as currency reserves – they will be divesting of them, selling them off – getting rid of dollars while they can still get more than half the current value.
This is inevitable. It is just a matter of WHEN. Jim Willie, and many, many others – are saying late 2015 to 2016 will see America’s financial collapse. This aligns perfectly with the conclusions I draw from Bible prophecy. Also ask yourself – would Obama want to delay this problem another few years, or allow it to happen soon so the crisis allows for a seizure of extended power? Does he want to see Hillary or Jeb take over in January 2017, or would he rather establish himself as dictator to really enact his policies?
Make what you will of it, but I recommend planning for how you would handle collapse and hyperinflation soon. Read – Antichrist 2016-2019: Mystery Babylon, Barack Obama & the Islamic Caliphate