Michael Noonan – The events unfolding around the world, or perhaps better expressed, events unraveling at such a rapid and confusing pace can only be a prelude for the disastrous consequences that inevitably will follow. While it may be hard to reconcile, all of this has been orchestrated by the global elites who fully intend to create as much havoc and destruction as possible, the Problem. They then monitor the Reaction, now around the world and not just confined to specific countries and regions, and what everyone is seeing is chaos, but it is an intended chaos that will lead to a Globalist’s Solution.
What might that Solution be? The final rise and control of their vaunted and planned New World Order. Nation states are being weakened, if not destroyed. In the Middle East, the destruction is literal. In many European and South American countries, the destruction is the result of financial attacks, weakening a country’s ability to exist, the preeminent example being Greece. There are similar prospects for Spain, Italy, Brazil, constant attacks on the Russian economy, and now China
The globalists are operating behind the curtain of the corporate federal United States, Oz, if you will, with the elitists as the Wizard. Any American who believes the United States has their best interests, as citizens, simply do not comprehend how detached the corporate United States is from its citizen serfs. “How can that be so?!” most citizens would incredulously ask. Yet, they refuse to consider the pieces of the puzzle in plain sight but invisible to their captured minds.
It all started with the takeover of the US money supply, culminating in the Federal Reserve Act of 1913, a fact to this day lost on most Americans and their inability to comprehend the implications, making no connection to today’s resulting financial ills. Another is the Patriot Act. What American does not want to be “patriotic,” and isn’t that what the Patriot Act “sounds” like? Yes, intentionally so, but its contents belie the title, and again, people are purposefully being misled. Continue reading
Michael Snyder – Russian President Vladimir Putin has introduced legislation that would deal a tremendous blow to the U.S. dollar. If Putin gets his way, and he almost certainly will, the U.S. dollar will be eliminated from trade between nations that belong to the Commonwealth of Independent States. In addition to Russia, that list of countries includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan and Uzbekistan. Obviously this would not mean “the death of the dollar”, but it would be a very significant step toward the end of the era of the absolute dominance of the U.S. dollar. Most people don’t realize this, but more U.S. dollars are actually used outside of the United States than are used inside this country. If the rest of the planet decides to stop accumulating dollars, using them to trade with one another, and loaning them back to us at ultra-low interest rates, we are going to be in for a world of hurt. Unfortunately for us, it is only a matter of time until that happens.
Greg Hunter – Economist John Williams says forget about the so-called recovery, we are headed for recession. Williams contends, “They’ll have a downside revision to this 1st quarter estimate that will take it negative. What we are seeing now is that the outlook for the second quarter is not only weak, but it is also going to turn negative. Two contracting consecutive quarters of GDP give you a recession. So, we have an outlook for recession. This is an economy that I’ll contend that never recovered, and now we are in a new recession . . . in a grand economic contraction. It’s an ongoing economic downturn that we entered into way back in 2005. This is something close to a depression.”
Trader/analyst Rick Ackerman says forget about the demise of the U.S. dollar anytime soon, Ackerman contends, “I have been totally bullish on the dollar for years, and it looks like clear sailing to me. The dollar is certainly responding to what I would call economic fundamentals, even though bonds have been on this odd holding pattern for a while based on a wishy-washy Fed. I see nothing but a strong dollar because if you look at the global derivative market, it implies a dollar long and a dollar short position. . . . The side that has to pay back in dollars is effectively short it. So, we have this monstrous derivatives market, and some experts put it at a quadrillion and a half dollars, and it represents a huge short position on the dollar, and the squeeze is starting to happen now.”
There is now mounting evidence and undeniable proof that the world is actively preparing for economic life after the death of the Dollar. The facts are now quantifiable, and for those of us who are accustomed to this moment in history where the Dollar is still technically “the world’s reserve currency” and cheap imports fill big box stores, the truth as discussed in this interview with Miles Franklin’s Bill Holter is startling – if not downright frightening.