Why RUSSIA pushes for DOLLAR COLLAPSE on 27 September 2016 ?
The dollar collapse will be the single largest event in human history. This will be the first event that will touch every single living person in the world. All human activity is controlled by money. Our wealth,our work,our food,our government,even our relationships are affected by money.And sure The Dollar Collapse And The Economic Collapse Will Be on 27 September 2016.
The economy, hit hard by the fall in oil prices, has collapsed and daily life for Venezuelans has become an uphill battle.
Now that the oil bubble has burst, nations dependent on oil sales are going to face great economic problems at home.
In the U.S. we cannot keep living like we have twice the income that we really have. Just trying to throw more money at the problem like our government has been doing will just make matters worse in the long run because this nation cannot afford to take on more debt. Passing the costs to some future generation is simply not possible. No future generation can possibly pay our huge rapidly increasing debt and soon nobody will be stupid enough to continue to finance our increasingly risky debt at the abnormally low interest rates that came about by illegal actions of the Federal Reserve. The Federal Reserve Bank created 4 trillions dollars to buy most of our new recent national debt and mortgage debt with money that they created and that nobody will buy in the future. It is a Ponzi scheme. Our national debt will double in just the time Obama was in office.
The more there is a risk of a default or of a currency devaluation Interest rates are going to rise. We may be able to pay $20 trillion dollars of debt at 3 percent interest with some pain but at 6 percent interest or above for any extended period of time it will cause total economic collapse.
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There is no easy answer to the world debt problem because many people and nations have been living beyond their means for many decades. They have been amassing debt and entitlements that cannot be sustained and with their aging populations there is no next generation being rasied that will have the numbers or the ability to pay the bills. So now the chickens are coming home to roost. The credit line of many nations are maxed out and the young cannot support the entitlements that the old were promised.
If the spending beyond our means for decades has not been enough, many people in banks are still gambling with your investments. They take your money and use it as security to leverage investments worth thirty to a hundred times that amount. In 2008 some bubbles burst and many that were gambling lost. Some financial institutions got bailed but most did not learn their lesson. It is even worse today then it was in 2008. The world banksters are still gambling with savers money.
Some big corporations and financial institutions could not pay their debts because of the severe downturn in 2008. So they either went bankrupt or were declared too-big-to-fail by our government and the government bailed them out by American's taking on more future debt.
Things got so bad that since 2008 most banks will not lend anymore on commercial ventures, instead they are either still gambling on markets or they are sitting on their money. Nobody wants to lend for economic development because they are afraid that they will never get paid back. Many others businesses that could expand will not because they are afraid of higher costs in the future through government taxation and regulation. That is one reason people are dropping out of the workforce. There are less businesses in America in 2016 than there were before the 2008 crash.
Another reason for the lack of quality jobs is that the government cannot institute a policy to buy American or they risk a trade war with other nations in the global economy that are also living beyond their means. The trade war probably is coming anyway because unemployed people of nations will demand that their government do something to protect their jobs and all government can do to keep jobs at home is to allow protectionism.
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That happened in the 1930's and it made a bad recession into a long world depression. That now seems to be our future and along with the deflation depression or hyperinflationary depression that is bound to come, it will allow the rise of populist demigods who will convince people that they know who is to blame and that they have all the answers. In other words, we are now repeating the same mistakes of the 30's that led to the nationalist socialistic movements and the start of World War II. It will not be different this time except the stakes for the world will be much higher.
The same mistakes in housing in the US are being made all over again. I do not think this is a good time to invest in residential real estate unless you plan to actually live in the house. The recent climb in values will probably be short lived as this country goes back into the next phase of this depression. Foreign investment speculators who think we are in recovery are once again buying real estate and driving up prices. The percent of Americans owning their own home is actually still falling and have fallen to 1990's home ownership levels. Family income in the United States and hours worked is still falling. The recovery is mostly phony and what recovery there seems to be is really built on the Federal Reserve creating more money and more government borrowing. The recovery is going to speculators in the top one percent. The rich are getting richer and the poor are getting poorer.
If I have a sure message to people who are listening, it is this – Learn to live on an income that is less than half of what you were living on in your good times. Within the decade your income will be far less and/or it will buy far less goods and services. Also prepare for big government trying to manage and run every aspect of people's lives. Certain people are going to think the only way to handle this is through forced government control and then rationing. Do not be surprised if there is civil breakdown and even Balkanization's when the people get fed up. It has already started in some nations. It is going to get much worse than most anyone imagines.
Try to network with mature astute conservative Christians who understand these issues. It is going to be a tough time for everyone and those who stand alone will have little support. More spending beyond our means is not going to solve a problem that was caused by spending beyond our means. It will only make things worse in the future. The coming decade for the U.S. and the hard choices it makes will determine if we even survive as a nation. God be with you all. (By Don Koenig )
How did they ruin the USSR? They called the Soviet Union a ‘prison for people’ and an ‘evil empire’.
The same thing is being done to the United States.
We also intervened in Afghanistan and do you remember how that ended? It’s the same thing with the United States, and the American can’t do anything there. Now the entire muslim world hates the United States.
And when the global mafia dumps the dollar the entire world will think that the Americans deserved this. But this won’t benefit people in our country, especially those who’ve been saving up dollars.
There’s another thing that we should take into account.
In the United States lives 5% of the world’s population, but Americans consume 50% of the world’s energy resources. The global mafia sees this as a problem.
…Some of our people who fled to the US, and now live there on welfare, live better there unemployed than they would have lived in Russia even if they were employed.
The slave masters think that this situation in the US is unacceptable because even the slaves live relatively well there. so the United States is doomed too in this sense.
Even if you’re the head of a mighty state and you don’t understand global politics and don’t understand the methods of global politics you’re still a hostage of the global mafia. The leadership of the USSR and the leadership of the USA carried out internal and external politics, but the global mafia carries out global politics.
The USSR collapsed and the same fate has been prepared for the USA.
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Weren't the Russians supposed to collapse the $ on May 28th ?