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Jim Willie: U.S. Dollar is Now a Matter of National Security Due to Poor Decisions
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Good Lord!. That’s about all there is to say after you finish Reading this one. The information revealed by Dr. Jim Willie in the last video below, is nothing short of heart stopping.
Before we get to that though, it might be best to set the stage with a bit of background information. For that reason, I’ve put together several resources explaining the information that leads up to what Dr. Willie is discussing.
Then, I’ll let him drop the A-bomb on you himself. My hope is that by providing a thorough understanding of what leads up to Dr. Willie’s revelation, it will prevent anyone from going into shock or from hyperventilating.
Worst case, the background provided will give you, the reader, a complete post that you can pass along to another, to help them understand why it is so crucial that they be preparing for the dark dark dark days ahead for the United States.
To begin, many of you may remember an article titled, “H.R. 2847 & The Collapse Of the U.S. Dollar,” because Ron Paul had it on his website for a long time prior to July 2014, and he warned about it frequently. Ron Paul’s site is where I originally got the information for my blog back in early 2014, but I cannot link back to it now, because the link no longer works.
The site returned a 404 Not Found Error, which usually means the page is no longer there. It’s probably safe to assume Dr. Paul has other things he is working on, and the upkeep of that particular site was not a top priority, especially since the U.S. has managed to continue to buy itself time over and over again before what will be the final collapse of the US Dollar. The following however, is precisely what Dr. Paul’s site, Ron Paul Daily, said:
Obama’s New July 1st 2014 Law Will Shock Most Americans!
Dear Reader,
We’ve been critical of several Obama Administration policies over the past few years…
But a new law set to go into effect on July 1st, 2014 (less than six months from now), might be the Administration’s worst decision yet.
On this date, Title V of House of Representative Bill #2847, known as “FATCA,” goes into effect.
We believe this could precipitate a huge collapse in the U.S. dollar… and a rapid decrease in our standard of living.
Of course, we’re not the only ones who believe this new U.S. law is going to be a disaster for our country and American citizens.
What Dr. Paul was referring to, as you’ll hear from Dr. Willie around the 14:00 mark in his video at the bottom, is back in 2013, the world’s most powerful nations including the United States, England, Germany, France, China, and Russia met to figure out a way to move forward in the near future without the U.S. Dollar as the World Reserve Currency.
You can be sure, the U.S. was not a willing participant at that meeting, but we had little choice. The U.S. has abused it’s power as the Global Reserve for so long, there is a zero percent chance we don’t lose the premier status, and once gone, as you’ll learn, we’ll never get it back.
No one will. In the next two videos below, you’ll learn the purpose of that meeting was to set a date for a “global reset” for all the currencies around the world.
The videos below go into the “reset” in detail, and as Dr. Willie says in the final video, eventually the US signed a treaty agreeing to the terms of a global currency reset that WAS scheduled to take place. As awful as all that is, we’re not even close to what Dr. Willie comes out with in his video.
In the first video below, beginning around the 3:00 minute mark, Lindsey Williams explains how each nation’s currency was to be determined during the currency reset by the country’s net worth. Let me remind you again the U.S. owes more money than all the other nations on earth combined.
That puts us in REAL bad shape. In addition, the architects planned on keeping currencies within a 5% differential, eliminating the need for an all powerful and abusive currency, like the U.S. Dollar has been.
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Lindsey Williams on Global Currency Reset
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Remember, originally, On July 1, 2014 the U.S. Dollar should have officially collapsed; because, on that date, the U.S. House of Representative Bill “H.R. 2847” was supposed to go into full effect, making it essentially impossible for Americans to protect their savings.
By the way, don’t bother running to Snopes. First, check out, Long Standing Suspicion Confirmed: SNOPES IS BOGUS! It’s not just Snopes either. Politifact is just as bad. Do the research yourself if you doubt Jim Willie, but I hope you’re one HELL of a researcher.
Sorry, Snopes and Politifact don’t have a handy one word answer for this. If this is as bad as the big boys say it is, I’d like to think your family is worth more than a one word answer, and you’d do the research… but it’s your life.
The following video, sounds an awful lot like the USA…. at 47 minutes on…
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Elites Not Ready For Global Collapse
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WHY IS THE RESERVE STATUS SO IMPORTANT? WHAT ADVANTAGES DOES IT GIVE US?
The United States dominates the global financial system BECAUSE the dollar is the world’s reserve currency. Whether you are trading oil, purchasing a boatload of wheat, financing the construction of a mine in Burkina Faso, or buying an Airbus 380, you most likely need dollars—and that means you need to use the U.S. interbank payment system (SWIFT).
Geopolitically, the dollar’s dominance has meant that the U.S. can force other nations to comply with our will, or as countries like Iran and North Korea have experienced, revert back to bartering to buy and sell products internationally, because they cannot get access to the system the world uses.
For many years, ALL oil, the world’s most important resource, was traded in purely dollars, earning the Dollar the nickname of the PetroDollar.
Before another country could buy oil, or anything else if it traded in Dollars, it had to convert it’s currency to Dollars first, so the economic strength (or weakness) of the other country was very important, but often since the U.S. was the world’s largest economy, that gave us huge trading advantages.
For example, in an emerging country, perhaps it took two of their dollars to equal one U.S. Dollar, which they in turn bought oil or goods with. That meant the had to work twice as hard as if it was a 1:1 ratio. So, when you hear that the U.S. is the World Reserve Currency, it means that other countries all over the world have kept their national savings in giant piggy banks full of U.S. dollars, so they can trade. To use Barack Obama for an example, since taking office 7 years ago, Obama has printed over $7 TRILLION DOLLARS out of thin air. Think of what that does in terms of the countries we owe money to, and the countries buying goods in Dollars.
The U.S. owes more money than all the other nations on earth combined, so if we borrow $100 from someone, but printed $7 TRILLION, we’re paying those countries back with money worth less than what they lent us.
Often times you hear it referred to as monetizing the debt, because we literally wipe away our debts by printing money worth much less than we borrowed, but pay it back as if it was the same. Would you want that deal if you were another country?
Then, imagine all the countries in the world trying to develop who have their national savings in Dollars. They can never get ahead because the U.S. just keeps printing our way out of debt, and leaving them with Dollars worth less and less.
This has gone on for decades, and the U.S. has amassed close to $20 TRILLION in debts the rest of the world knows we’ll never pay back… not without cheapening the money by printing more. It’s a giant Ponzi scheme, that yielded great power, and great advantages, but the world is OVER it.
Bloomberg News reported October 23: “International Monetary Fund representatives have told China that the Yuan is likely to join the fund’s basket of reserve currencies soon.” China certainly doesn’t have everything needed for a global reserve currency.
But this development is another step by the world away from dependence on the U.S. dollar. In an article in Trumpet titled, “Deathblow to the Dollar,” “Reserve currency status … gives America special privileges and enormous power. … The blows to America’s economic might are descending rapidly and forcibly. Brace yourself: A new economic age is about to begin.”
Great power, particularly the real or perceived abuse of great power, leads to insurrection.
Look, the facts are simple, even if the mainstream media and academia refuses to tell the American people the truth, so they can cover their own hides: It simply is NOT sustainable to go on a Zimbabwe like printing of Dollars for the purpose of monetizing our debts around the world, not when as the reserve currency, dozens and dozens of countries are holding their savings denominated in U.S. Dollars. With every Dollar printed
To get some idea just how bad this is for the U.S., in the video below, Michael Maloney explains what I have tried to explain for years about the death of the Dollar as the World Reserve Currency, but he does a much better job than I do of course.
He explains that the death of the U.S. Dollar as the World Reserve Currency is NOT something that happens overnight, but rather a process that is WELL UNDERWAY, as over 23 Countries have left the U.S. Dollar, and that was as of July.
Conditions have only deteriorated since. If you do nothing else to learn about how the death of the Dollar is happening right now, and how it affects you personally, watch the next 24 minutes video. You will NOT be sorry!
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When people ask Dr. Jim Willie what it will mean for the U.S. to lose the Reserve Status, I’ve often heard him cut the person asking the question off and snap, “IT MEANS THIRD WORLD STATUS FOR THE U.S.!” Picture Mad Max, or picture the U.S. looking like the chaos in Iraq.
Third world doesn’t mean only watering the grass two days a week. It means there isn’t enough food and water to begin with. It means riots. It means massive violence, so I sure hope you’re doing what you can now to prepare… because it IS coming. Violence is coming, and expect PLENTY of it.
Where? Places where cash is disbursed, where food is scarce (which will be everywhere, and Jim explains why), and where people get fuel. If you’re reading this, you’re obviously not one of the ignorant fools out there buying whatever Obama is shoveling… and there is enough information contained in the links to tell you all you need to know.
The links below with Peter Schiff and Jim Willie will convince anyone with an IQ over 6 that a financial tsunami is coming, and it’s not “conspiracy theory…,” but what you do with the information is up to you to figure out based on your needs and what you can realistically do…
In the post titled, Jim Willie: Armageddon Coming to U.S. With Trillions Exposed In Derivatives, Jim talks about the decline of U.S. Treasury Bond trading by 60% over the summer and what that means for the Dollar moving into the new year. He also beats the same drum I’ve been beating for 2+ years when he says Americans better enjoy spending the Dollar now, while it barely maintains the privilege of being the world reserve currency.
It turns out, the reason trading was down, is because when China was not accepted to the IMF’s Special Drawing Rights (SDR’s), they exacted their own revenge by dumping $250,000,000,000 in Treasuries on the market. A careful examination of bond yields would show you that they barely budged,
Ask yourself how 1/4 of a TRILLION dollars in bonds was dumped on the market, and there wasn’t even a blip on the radar?
Jim explains that the reason no one was the wiser, is because of what is called The Exchange Stabilization Fund (ESF). In essence, it’s a slush fund to deliberately hide the true impact of such a sale in mass, so that the world wouldn’t see what a devastating blow it was to the U.S. In short, listen to Jim explain in the video below, that the ESF amounts to precisely what Peter Schiff said would happen… Jim calls it “Double Barrel Quantitative Easing, aka printing TWICE as much as they normally would… and the reason: BECAUSE WE HAVE TO! The ESF falls under “Top Secret” and it’s a matter of National Security.
THAT LADIES AND GENTLEMAN… THIS IS YOUR DAMN OBAMA RECOVERY!
WE’RE IN SO MUCH TROUBLE THE DOLLAR IS A MATTER OF NATIONAL SECURITY!
Dollar is a Matter of National Security
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In the video, Jim mentions that as usual, after signing the agreement for the reset, it’s the U.S. that keeps bailing out. The way we’ve managed to do so, it though a series of massive gold heists. For example,In the post titled, Jim Willie: What Will It Mean If the Yuan Gets Reserve-Currency Status, it discusses how Germany knows that in March, U.S. mercenaries, with hoods on their heads and at 2am, stole 44 tons of Gold from the Borispol Airport in Kiev along with $70 BILLION DOLLARS of the prime minister’s money (allegedly for “his own good” and safekeeping) and deposited the money in a Swiss Account.
The U.S. has been on a gold stealing RAMPAGE, and even though the U.S. Mainstream “News” won’t report it, because they are Obama lapdogs, that doesn’t mean it isn’t happening, and it doesn’t mean Germany doesn’t know. They KNOW the U.S. is BROKE and very desperate. In a post titled: Jim Willie: The Mid East Carnage Left by the American Wrecking Ball, it says:
The U.S. has managed to dislodge virtually all the monarchies in the Middle East, created MASSIVE instability, STOLEN everyone’s gold, and right now all our “allies” are scurrying to get as much of their gold from central banks as possible thanks to U.S. THEFT! Relations have deteriorated so badly in the Middle East, that when Obama went to Saudi Arabia this past spring, they ignored him. They literally would not speak to him. Along with the rest of the world, the Mid East has HAD it with the U.S.
The West in general has lost ALL credibility with everyone in the world, with one exception: The IMBECILES still supporting the Liberal/Communist/New World Order Lapdog Obama regime here in the United States. The clock is ticking, and the economic time bomb that goes off when the clock strikes zeros is going to be biblical it will be so bad. You have time to prepare, even if only modestly. Do it for your family.
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Stock Market Crash 2016: This Is The Worst Start To A Year For Stocks Ever
We have never had a year start the way that 2016 has started. In the U.S., the Dow Jones Industrial Average and the S&P 500 have both posted their worst four-day starts to a year ever. Canadian stocks are now down 21 percent since September, and it has been an absolute bloodbath in Europe over the past four days. Of course the primary catalyst for all of this is what has been going on in China. There has been an emergency suspension of trading in China two times within the past four days, and nobody is quite certain what is going to happen next. Eventually this wave of panic selling will settle down, but that won’t mean that this crisis will be over. In fact, what is coming is going to be much worse than what we have already seen.
On Thursday I was doing a show with some friends, and we were amazed that stocks just seemed to keep falling and falling and falling. The Dow closed down 392 points, and the NASDAQ got absolutely slammed. At this point, the Dow and the NASDAQ are both officially in “correction territory”, and some of the talking heads on television are warning that this could be the beginning of a “bear market”. But of course some of the other “experts” are insisting that this is just a temporary bump in the road.
But what everyone can agree on is that we have never seen a start to a year like this one. The following comes from CNN…
The global market freakout of 2016 just got worse.
The latest scare came on Thursday as China’s stock market crashed 7% overnight and crude oil plummeted to the lowest level in more than 12 years.
The Dow dropped 392 points on Thursday. The S&P 500 fell 2.4%, while the Nasdaq tumbled 3%.
The wave of selling has knocked the Dow down 911 points, or more than 5% so far this year. That’s the worst four-day percentage loss to start a year on record, according to FactSet stats that go back to 1897.
When CNN starts sounding like The Economic Collapse Blog, you know that things are really bad. I particularly like their use of the phrase “global market freakout”. I might have to borrow that one.
Even some of the biggest and most trusted stocks are plummeting. For instance, Apple dropped to $96.45 on Thursday. It is now down a total of 28 percent since hitting a record high of more than 134 dollars a share back in April.
So that means that if someone put all of their retirement money into Apple stock last April (which may have seemed like a really good idea at that time), by now more than one-fourth of that money is gone.
For months, I have been warning that the exact same patterns that we witnessed just prior to the great stock market crash of 2008 were happening again. To me, the parallels between 2008 and 2015/2016 were just uncanny. And now other very prominent names are making similar comparisons. According to the Washington Post, George Soros says that the way this new crisis is unfolding “reminds me of the crisis we had in 2008″…
Influential investor George Soros said that China had a “major adjustment problem” on its hands. “I would say it amounts to a crisis,” he told an economic forum in Sri Lanka, according to Bloomberg News. “When I look at the financial markets, there is a serious challenge which reminds me of the crisis we had in 2008.”
Don’t get me wrong – I am certainly not a supporter of George Soros. My point is that we are starting to hear a lot of really ominous talk from a lot of different directions. All over the world, people are starting to understand that the next great financial crisis is already here.
As I write this tonight, I just feel quite a bit of sadness. A lot of hard working people are going to lose a lot of money this year, and that includes people that I know personally. I wish that my voice had been clearer and louder. I wish that I could have done more to get people to understand what was coming. I wish that my warnings could have made more of a difference.
I just think about how I would feel if everything that I had worked for all my life was suddenly wiped out. And that is what is going to end up happening to some of these people. When you lose everything, it can be absolutely debilitating.
You only make money in the markets if you get out in time. And unfortunately, most of the general population will be like deer in the headlights and won’t know which way to move.
There will be up days for the markets in our near future. But don’t be fooled by them. It is important to remember that some of the greatest up days in U.S. stock market history were right in the middle of the stock market crash of 2008. So don’t let a rally fool you into thinking that the crisis is over.
The financial crisis that began in the second half of 2015 is now accelerating, and everything that we have witnessed over the past few days is just a natural extension of what has already been happening.
Personally, I am just really looking forward to this weekend when I will hopefully get caught up on some rest. Plus, my Washington Redskins will be hosting a playoff game on Sunday, and if they find a way to win that game that will put me in a particularly positive mood.
It is good to enjoy these simple pleasures while we still can. Unprecedented chaos is coming this year, and we are all going to need strength and courage for what is ahead.
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FOR MORE GREAT MATERIAL FROM JIM WILLIE:
Jim Willie: Armageddon Coming to U.S. With Trillions Exposed In Derivatives
Jim Willie, The Fed’s Week of Reckoning, and an Isolated United States
Jim Willie: After Banks Fail, Government Seizes IRA’s, 401k’s, and Pensions
Jim Willie, the Crumbling Global Economy, and the Dollar Crisis
Jim Willie: What Do the Oil Black Market, NATO, and ISIS Have in Common?
Jim Willie; One on One -Taking Questions On the Most Pressing Matters of the Day
Jim Willie: The Fed, Yellen, US Dollar, and Negative Interest Are a Joke!
Jim Willie Explains U.S. Nuclear Threats to China & Russia Over Challenging the Dollar
Jim Willie: What Will It Mean If the Yuan Gets Reserve-Currency Status?
Jim Willie and 20 Reasons Why Quitting Prepping After September Was Wrong
Jim Willie: The Mid East Carnage Left by the American Wrecking Ball
Jim Willie: The Fractured Bond Market and the Economic Collapse
FOR MORE GREAT MATERIAL FROM PETER SCHIFF:
Peter Schiff: 2015 Was The Worst Year Since 2008 and Stocks Still Dropping
Peter Schiff: Janet Yellen Strayed From Her Own Plan and Went Nuts!
Peter Schiff: Higher Spending During Holidays Does Not Fix Screwed Economy
Peter Schiff and “If The Economy Is Fine, Why Are So Many Large Retailers Imploding?”
Peter Schiff: Take a Good Look at the “New” American Dream!
Peter Schiff: Did the Fed’s Luck Run Out On Friday the 13th?
Peter Schiff and “The 4 Harbingers Of Stock Market Doom”
Peter Schiff and Reagan Advisor: Complete Economic Collapse Immediately Ahead
Peter Schiff: Warning! Economic Storm Clouds Ready to Rain
Peter Schiff: Death of the US Dollar Is Imminent; Fed Out of Options
Peter Schiff: 11 Trillion In Global Stock Losses and Awful Jobs Report
Peter Schiff: “The Fed Admits Rates Could Stay at Zero Forever”
Peter Schiff with Mr. “I Have No Fear Of an Economic or Stock Market Collapse”
Peter Schiff Explains Why Financial Bubbles Are Ready to Pop
Peter Schiff: Everybody Is Preparing for Wrong Outcome in US Economy
2 Day Crash That Was Larger Than Any 1 Day Market Crash In U.S. History
Peter Schiff On China’s Currency Devaluation and the Federal Reserve Board
Peter Schiff: Greece Was a Sideshow. Americans Need to Worry About Starving
Peter Schiff: China and Switzerland is Killing U.S. Dollar
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The Rogue Illegitimate Federal Government Will Stage A False Flag Cyber Attack To Cover Up The Collapse Of The Fiat Dollar.
Definition Fiat Money-
Money which has no intrinsic value and cannot be redeemed for specie or any commodity, but is made legal tender through government decree. All modern paper currencies are fiat money, as are most modern coins. The value of fiat money depends on the strength of the issuing country’s economy. Inflation results when a government issues too much fiat money.
Jim, I am not sure my nerves can take any more of your ‘predictions’, although I really do want to believe you this time!
Meanwhile in other news……
/global-unrest/2016/01/1000-depraved-migrants-rape-pillage-and-riot-in-german-city-video-2469850.html
Adam Weishaupt, George Washington’s Brother Looks Pretty Upset on That Federal Reserve Note Of Yours, Voice of Lies
http://truthabouttupac.com/photo/adam-weishaupt-on-the-u-s-dollar?xg_source=activity
All Freemasons
http://www.whale.to/b/jews_and_freemasonry.html
Not sure why, but everytime someone tries to load up BIN videos it will never load or connect, Only youtube and a few other video sites have no problems.