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Dr. Jim Willie: Understanding the Root Cause of the Coming Global Reset… (Videos)

Friday, September 16, 2016 13:22
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(Before It's News)

Everywhere you turn today, you hear people talking about a coming “global reset,” or a coming “global economic collapse,” but what does that mean anyway? Is it just people or companies fear mongering for personal profit, or is there something to it? Furthermore, if there is something legitimate to all of it, what should you do? If you don’t know, because you you’re not big on following economics, this post should help explain those issues to you in a simple to understand way. 

In short, the “global reset” is essentially the end of the United States Dollar as the world’s reserve currency, and the beginning of a new monetary system led by a new currency. By the term “world’s reserve currency,” we’re referring to a currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves. It’s those foreign exchange reserves that countries then can conduct their international transactions with, and it’s often considered a hard currency or safe-haven currency.

DO NOT MISS: Dr. Jim Willie: Soon the Fireworks Will Start, then Hell on Earth Follows 

Right now, somewhere around 35-40% of global trade is conducted in U.S. Dollars, because the U.S. Dollar is the reserve currency. That number is down significantly from just 10 years ago, when closer to 75% of global trade was denominated in U.S. Dollars. Why the enormous drop? The easiest answer? The world is sick of the United States living well beyond our means, and sticking the rest of the world with the bill for it, so the process to get rid of the U.S. Dollar as the reserve is well underway.

Many economists have speculated the IMF’s basket of currencies otherwise known “Special Drawing Rights” (SDR’s) will become the new global reserve currency. Others have suggested a gold backed currency, perhaps the Chinese Yuan. China has been working very hard to make becoming the new reserve a reality, and at the end of THIS month they are one HUGE step closer to making that a reality, but they likely still have a ways to go before becoming the global reserve. 

DO NOT MISS: We Are on the Brink of World War; Americans Clueless

One thing is certain: The U.S. Dollar is making its exit, but it’s a process, not an event. THAT is what most Americans don’t understand. It’s a process, and it’s one that has been well underway for some time. Judgment day IS coming… 

In the first video below, Dr. Jim Willie does a fantastic job of explaining how all the global currencies relate to one another, how they all relate to precious metals like gold, silver, and platinum, and even how real estate relates to different currencies.

Most importantly, Dr. Willie explains how all of it relates to the world’s reserve currency, and why the eventual final outcome of all this will matter VERY much for the layman in America, because the “global reset” is going to be crushing for Americans in particular. 

PREPPING: Know Where FEMA Camps Are Before Martial Law Gets Declared

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As Dr. Willie explains in the video above, under the current system of global trade, most trade (by that I mean the goods that are packed in crates on giant cargo ships, and arriving in U.S. ports), is controlled by Eastern and emerging market nations. For that reason, they are the ones that “should” be in the position (and soon will be) to determine what they will take in the form of payment for the goods they worked so hard to produce, and then export, but they’re not in that position. 

Unfortunately for many countries around the world, right now they don’t have any say in how they are compensated for all their hard work and labor. They have one option as to the form of payment they can take for their exports. Whether they like it or not, they are forced to accept payment in the form of U.S. Treasuries, and that’s because the U.S. Dollar is still the World Reserve Currency… for now anyway. 

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The U.S. Dollar may not backed by gold or anything with intrinsic value, but as I’ll briefly mention in the video below, it IS backed by a enormously powerful Navy that can be on any country’s doorstep reigning down bombs very quickly. 

In the video below, because Dr. Willie can sometimes talk at a high level that is difficult for people who don’t follow this material to understand, I summarize what he said above in a short and concise manner, and then since he doesn’t, I’ll give you a real world example you can relate to demonstrating how all this will eventually have an enormous impact on you personally.

UPDATE: U.N. Troops on U.S. Soil Prepared to Assist With Martial Law?

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In the video above, I mentioned a statement made by George W. Bush at the beginning of the last financial crisis, a crisis that this country learned absolutely nothing from by the way. I mentioned how often hear people joking that President Bush said, “Go buy TV’s,” but what he actually said was:

“As we work with Congress in the coming year to chart a new course in Iraq and strengthen our military to meet the challenges of the 21st century, we must also work together to achieve important goals for the American people here at home. This work begins with keeping our economy growing. … And I encourage you all to go shopping more.”

Why did President Bush say that? Recall from the Dr. Willie video when he explained that if it’s the East that controls trade, then it’s the West that controls the debt. As I explained in the second video, the entire Western economic model is based on debt. It’s referred to as fractional reserve banking. Wikipedia defines it as:

“Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.”

Not IF, but WHEN the 35-40% of global trade that is still conducted in U.S. Dollars crosses a certain threshold that not enough countries are using the Dollar anymore, there will be no more need for countries to maintain U.S. Treasuries in their foreign exchange reserves. THAT is the precise moment all hell BEGINS to break loose. What happens when every single person that owns the same thing puts it up for sale at the same time? They become almost worthless. That is when the Dollar implodes. 

FEMA CAMPS: FEMA Camps: Mainstream Media Blasts Growing Alternative News Personality (ME!!!!!)

With a Dollar that’s worthless, and as a nation that no one will lend to because it was OUR excessive lifestyle that fueled TRILLIONS in debt they’ll never be repaid for, and our printing presses permanently shut down, then what?

The U.S. currently imports about 50% of our food. What happens when we can’t pay for it, and we have no credit left? I’ll leave that to your imagination, but it’s not pretty. That is why I continue to say that whether we make it through the 2016 election with or without Martial Law being declared, is really thinking very short sighted. Either way, all roads seem to eventually lead to Martial Law at some point. 

For those who realize that, you can get a FREE GUIDE for how to survive Martial Law here. In prior posts or videos I’ve also suggested one of the best tools I’ve found to help ordinary people of average means make sure their families and loved ones are taking the BEST steps to protect themselves is the book is titled, “Conquering the Collapse.” Since I have it, you can read my personal review of it here: Be Ready For Any Emergency – The Crucial Guide For Any Family’s Safety. 

You can also learn more below from  Christine LaGarde, who is a French lawyer and politician who has been the Managing Director (MD) of the International Monetary Fund (IMF) since 5 July 2011. Said another way, LaGarde someone who knows her stuff, so Americans who somehow are clinging to the notion that a coming global crash is “conspiracy,” are just fools. 

A global crash IS coming. No one knows the exact date and time, but that doesn’t mean it’s not coming. I suggest you at least begin making an to prepare for you and your family ASAP. Just as an example, unlike the issue of the U.S. Social Security fund that Americans recognize will eventually go belly-up, but not anytime soon, this crash is now a ticking time bomb.

The crash could begin tomorrow, it could begin in six months, or it could begin in a year… the point is it’s imminent. It’s not an event that will happen way off in the distant future, and once it finally hits, it’s too late. 

Peter Schiff, another famous expert, has said the collapse of the U.S. Dollar, and the global reset that will ensue, will be the single biggest event in all of human history. Get it? Prepare.

UPDATE: Armed Americans To Be Detained In FEMA Camps Starting In 2017?!

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FREE DETAILED GUIDE TO SURVIVING ECONOMIC COLLAPSE OR MARTIAL LAW HERE

 

IF YOU READ NOTHING ELSE, THE FOLLOWING POSTS ARE ESSENTIAL:

Dr. Jim Willie: We Are on the Brink of World War; Americans Totally Clueless - Pt. 1

Dr. Jim Willie: We Are on the Brink of World War; Americans Totally Clueless - Pt. 2

Dr. Jim Willie Reveals 2nd Death Threat From U.S. Government (Video)

Bill Holter: Newly Solidified Chinese Superpower Will Replace Dead U.S. Dollar (Interview)

Peter Schiff: Don’t Believe the Hype! The Real Economic Fallout From Brexit (Video)

How Will the U.S. Conduct Trade With Worthless U.S. Dollars and No Gold? (Video)

Why Did Illuminated George Soros Liquidate 37% of His Stock to Buy Gold? (Video)

What Exactly Does Global Economic Collapse Coming May 2016 Mean? 

SKINNY DOLLAR

FOR MORE GREAT MATERIAL FROM JIM WILLIE:

Dr. Jim Willie: Banks Are Beginning to Prepare for Nuclear Winter (Interview)

Dr. Jim Willie: U.S. Elites Are Losing All Their Power (Video)

Dr. Jim Willie and the Systematic Bankruptcy of Western Society (Video)

Dr. Jim Willie: New World Order Elites in Absolute Terror of Gold Standard (Audio)

Dr. Jim Willie: Deutsche Bank Valued at -$1 Trillion; Economic Chaos Ahead

Dr. Jim Willie: The Corruption Cannot Stop the Masses! 3 Part Interview (Videos)

Dr. Jim Willie: Brexit Result Could Detonate Deutsche Bank!

Dr. Jim Willie: We’ve Got “Educated People” That Are Stupid As Bedposts

Dr. Jim Willie: Death Sentence for Banks, Businesses, Families, and the US Dollar

Dr. Jim Willie: There Are No Prisoners Taken in The Global Money War

Dr. Jim Willie: 7 Signs U.S. Economy Collapses; Gold Will Soon Back US Dollar!

Dr. Jim Willie: Western Economic Markets Collapsing; Eurasian Markets Rise

Dr. Jim Willie: The Dollar is Dead! Even Mainstream Media Realizes it!

Dr. Jim Willie – Secret Meeting at the G20 to Take Down the US Dollar

Dr. Jim Willie: Financial Deals Happening Behind Closed Doors; US Not Invited

Jim Willie: U.S. Dollar is Now a Matter of National Security Due to Poor Decisions

 

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Total 9 comments
  • All you are talking about is secondary. Because they needed the FED to start a World War 1 and 2. I say no FED, too much power in any hands.

    • Astor said the same? And was murdered in the Titanic “incident”.

    • No laser weapon it would have cut a hole only, liquid people some kind or several kinds of radiation, magnetic fields or something, not laser.

    • Fuck you Jim willie, why did we move our production-al capacity to China? Because it was planned that way! It is not the people being stupid.

  • Second video:
    We need Christina LaGarde in prison! Where she belongs.

  • Is not a reset saying to the Banks they can clean up the mess by themselves, they who created it by following orders, little steps of corruption, built up to a mountain of corruption of today? They should not go free, and those behind should not go free either.

  • Jim Willies gold count in a totalitarian system is all baloney, cause no end to the terror, no 6 months less gold something.

  • Can not someone occupy the safe havens of the Bushes. Make them re-think. I know they are not of the highest in command, but it will shake the command-line.

  • If “they” are building up for ww3 then the logistics should already show it, it takes time.
    Are you all CIA goons?
    As I said before the Skull and Bones above the CIA and of Swiss origin. (you need to dig deep)
    Skull and Bone exists in the US, China, Korea one wonders what the deal is when we shall depopulate ant they not?
    Is it Ghingis Khaan? (big in free-masonry)
    The Globalists’ depopulation plans are getting clearer.
    A US sourced site, Deagel.com (Guide to Military Equipment and Civil Aviation), has published their depopulation predictions for 2025 for 209 countries, based on intel from the following terrorist organisations:
    The US DoD, DoS, CIA, World Bank and EU…
    /agenda-21/2014/10/the-globalists-depopulation-hit-list-30-top-winners-and-losers-1088.html

    Better to be the good Ronin, as in the Seven Samurai 1954.
    or in other words
    7 billion people ought to be able to remove these.

    The 10 Roman families whose top men sit on the Jesuit Council:
    1. Farnese *
    2. Borja
    3. Colonna
    4. Gaetoni
    5. Medici
    6. Pamphili
    7. Orsini * http://josephpedepoetry.blogspot.com/2015/04/the-orsini-family-maximus-clan-man-that.html
    8. Aldobrandini *
    9. Chigi
    10. Conti

    * = Most powerful bloodlines

    The REAL 13 Illuminati Families:

    House of Aldobrandini/Borghese *
    House of Farnese/della Rovere *
    House of Orsini/Maximus *
    House of Borja/Borgia
    House of Pamphili
    House of Somaglia *
    House of Breakspeare *
    House of Chigi
    House of Colonna/Cologna
    House of Conti
    House of Gaetani/Caetani
    House of Merdici/ De Medeci/ Domedici
    House of Este Estence
    +
    Frescobaldi

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