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Why the Dollar has not Collapsed … Yet! Accounting Irregularities, public confidence, government declares a boom! Treasury sales for Gold? According to World Bank whistleblower Karen Hudes, the US dollar is set to crash and will be replaced with a new, interest free, gold-backed currency. On the U.S. dollar, Nenner predicts, “Timing is our business, and we’ve always said the dollar is going to collapse in end of 2014. ” The facts spell doom for the U.S. dollar. Short of attempting – highly unrealistically – to increase its manufactured output by nearly 50 percent and to sell the increased output abroad, America can’t dig itself out of the hole — at least not if it sticks with free trade. The ultimate outcome will surely be a total collapse of the dollar.
Great video…just posted on youtube….
Thanks………..
peace
May the drop in oil-price make the dollar collapse?
The cost of producing oil in OPEC is about 30 usd for a barrel.
The cost of producing oil in Russia is about 45 usd for a barrel.
The cost of producing oil in Dakota is about 70 usd for a barrel.
The cost of producing oil in Norway is about 90 usd for a barrel.
The cost of producing oil in Canada is about 95 usd for a barrel.
http://wp.me/p3tGFm-aq
No . The reason oil dropped is the Saudis want to put the fracking industry in the US out of business. In order to make any profit fracking, oil has to be at least 82 dollars a barrel. Thank that Illegal in office. AND YES IT IS HIS FAULT
The argument being made in the video is that the US government is floating new bond issuances on the open market where buyers are taking these on (china, EU, whoever). From what I’ve read, most if not all new issues are being bought now directly by the US Fed. So, the question becomes, how long can the fed continue to expand its balance sheet accumulating treasuries before the other nations on the planet say enough.
What you see happening with the BRICS nations is them banding together to setup an alternative. Time will tell who’ll win if it doesn’t become a shooting war before that plays out.
as long as there is continued conflict the bond party will carry on and the US dollar continues being reserve currency
America is going down and I am going to see it and celebrate it. Soon!
nope, keep dreaming
Yo idiot. What country are you from? I’d bet if the US goes down, your country will as well. Hell the entire world goes down if we do.(outside a very few places someone like you would consider living in)
Here this Bud is for you now shove it up YOURS.
Our economy can be rescued, but it wont if the media and others don’t report subterfuges put upon us. Among other things, we must repeal NAFTA/GATT and other legislation passed within the past few decades. We must restore a well-thought tariff that can restore U.S. industry. With our expenditures, giveaways, fraud, and thievery, we are doomed to living a life with unavoidable disaster (exactly what the UN/NWO people want for us), and without a manufacturing base to stabilize us, it will take us down soon. Today, our major source of “wealth” comes from a continuing abundance of fiat money, produced by both printing and electronic magic.
Get our factories back home! Don’t listen to the complaints about our high corporate taxes, they are easily avoided by large corporations. How much in revenue did we get from General Electric last year? Some of the real motivations for leaving our country, once the greatest in history, is for the new world order, cheap labor, and immense profits for those who are willing to disregard nations and billions of individuals for the sake of power.