Top Adviser To The Chinese Government Calls For A “Global Currency” To Replace The U.S. Dollar

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The former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.  Lin, who is also a professor at Peking University, says that the U.S. dollar “is the root cause of global financial and economic crises” and that moving to a “global super-currency” will bring much needed stability to the global financial system.  [Read more…]

Financial Crisis Planned For September 2015

Financial Crisis

Financial Crisis Planned For September 2015

In case you haven’t noticed, the world is slowing down. More specifically, the worlds consumption and production. What amazes me is how you wouldn’t have any idea whatsoever if all you did was watch the mainstream news at 6-oclock.

China’s stock market is in a major crash. The reason? Industrial output is weak and China’s economy is slowing. Why? Because they’re not shipping as much ‘stuff’ elsewhere like they used to. Why? Because people aren’t buying as much ‘stuff’. Why? Because most people are tapped out. Why? Because we have reached or are rapidly reaching ‘peak debt’.

While there are MANY more signs of the coming economic depression, there is one glaring fact… ‘The debt’ will never and cannot ever be paid back. More specifically the debt of nations, including the USA. We (and other nations) are tapped out. The only reason we’re bumping along is because of money printing. Additionally we used to rely on the fact that the US dollar was the world’s reserve currency. Well that has been changing and will continue to change as the saga unfolds.(source)

Warning Signs: Economic Collapse and Destruction

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Most nations in South America are either already experiencing an economic recession or are right on the verge of one.  In general, South American economies are very heavily dependent on exports, and right now they are being absolutely shredded by the twin blades of a commodity price collapse and a skyrocketing U.S. dollar.  During the boom times in South America, governments and businesses loaded up on tremendous amounts of debt.  Since much of that debt was denominated in U.S. dollars, South American borrowers are now finding that it takes much more of their own local currencies to service and pay back those debts.  At the same time, there is much less demand for commodities being produced by South American nations in the international marketplace.  As a result, South America is heading into a full-blown financial crisis which will cause years of pain for the entire continent.(source)

SHEMITAH EXPOSED: Financial Crisis Planned For September 2015

 

Hope for the best, but prepare for the worst.

This is a good motto to live by, despite how you think about things.

Individuals can still hope for the best (that things can and will eventually work out), but what good is your prosperity going to do if you don’t have anything to eat or a safe place to hang out for an extended period of time?

Why not prepare while you still can — when things are readily available and can still be purchased at cheap prices? The coming hyper-inflation will make any such purchases beforehand look very intelligent…

To prepare for the worst, you need a plan. Why are most people so against doing basic preparations that could be the difference on how they survive — or whether they survive?

History shows time and again that those who prepare always fare better than those who did not.

Having a plan and being determined to act on that plan will always be the best way to handle any contingencies, should they occur.

After disaster strikes, your mind is going to be racing around like a car on a race track. Preplanning and having a written set of measures to take will make someone’s life go much smoother when the SHTF.

“New World Dollar” Coming Oct. 20, 2015?

The Coming Crash & The Recession That Never Ended 

As you watch this, please keep in mind that the United States is on the exact same path that Venezuela has gone down…

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Other useful resources:

Survival MD (Best Post Collapse First Aid Survival Guide Ever)

Backyard Innovator (A Self Sustaining Source Of Fresh Meat,Vegetables And Clean Drinking Water)

Blackout USA (EMP survival and preparedness)

Conquering the coming collapse (Financial advice and preparedness )

Liberty Generator (Build and make your own energy source)

Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)

Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )

Family Self Defense (Best Self Defense Strategies For You And Your Family)

Sold Out After Crisis (Best 37 Items To Hoard For A Long Term Crisis)

Survive The End Days (Biggest Cover Up Of Our President)

Drought USA(Discover The Amazing Device That Turns Air Into Water)

Will The Death Of The Dollar Lead To The Birth Of A New World Economic Order?

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Will The Death Of The Dollar Lead To The Birth Of A New World Economic Order?

There is no getting around it.  The U.S. dollar is dying.  U.S. government debt continues to grow at a very frightening pace and the Federal Reserve is now buying up most of the new debt that is being issued.  At this point there is simply not enough money in the rest of the world to continue to feed the U.S. government’s endless thirst for more debt so the Federal Reserve has had to directly intervene in order to keep the Ponzi scheme going.  Other nations are rapidly losing faith in the U.S. dollar as they realize that there is simply no way that the U.S. government will be able to service this soaring debt for much longer.  Even now we are watching the U.S. dollar rapidly fall against a vast array of hard assets.  Virtually all major agricultural commodities have exploded in price over the past year, the price of gold is over $1400 an ounce again and last week U.S. crude oil prices topped $100 a barrel for the first time since 2008.  Meanwhile, the Federal Reserve continues to print dollars as if there is no tomorrow and the U.S. government continues to spend dollars as if the party is never going to end.  Yes, we are most definitely witnessing the death of the dollar.

[Read more…]

Dr. Jim Willie Explains: Global Currency Reset Coming, Out of Control Chaos Coming with Shortages of Food, Gasoline (Vital Video)

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Jim Willie say it all in the first 5 minutes of this interview.

Just look around, the world is proclaiming that the U.S. Dollar is the problem for the world economy. The dollar is dying, it is a controlled collapse of an old system, to usher in a new system, a new currency, a new system of trade.

The Bankers know this and have been preparing sonce Sept of 2008. They underrstand that America is a bankrupt nation and have diversivied their portfolios according.

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Then Jim Willie goes into what the coming global currency reset (GCR) will feel like. His analysis should help everyone understand why this will not, cannot, be stopped. The time to understand how this will effect the economy and the lives of people all over the world. The elements that will be involved in this currency reset will be startling, “Americans need to wake the hell up”.

Dr. Jim Willie: Out of Control Chaos Coming with Shortages of Gold, Silver, Food, Gasoline

Other useful resources:EC539

Blackout USA (EMP survival and preparedness)

Conquering the coming collapse (Financial advice and preparedness )

Liberty Generator (Build and make your own energy source)

Backyard Liberty(Easy and cheap DIY Aquaponic system to grow your organic and living food bank)

 

By Josey Wales

SOURCE : (Before It’s News)