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Ron Paul: The Collapse Of The Entire U.S. Financial System Is Closer Than You Think
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Over the past few years, many experts have been warning of a crisis heading our way. More specifically, the concerns have centered on the inevitable collapse of the U.S. dollar. One of these individuals is former Congressman Ron Paul, who has stated that he believes the U.S. financial system is on the road to disaster. In this article, I’ll share some of his views and discuss what could happen if such a crisis materialized.
Currency Crisis
According to Congressman Paul, a U.S. currency crisis is inevitable. At one point in the 1980s, while riding on Marine One with President Reagan, the President said, “No great nation that has abandoned the gold standard has ever remained a great nation.” A few decades ago, former Fed Chairman, Alan Greenspan stated, “In the absence of the gold standard there is no way to protect savings from confiscation through inflation.” Without a gold standard, there is nothing to limit government spending. In short, as long as the government is able to overspend, the national debt will be the norm rather than the exception.
Since the gold standard was abandoned, what is backing our currency? Confidence! Without a hard asset backing up the dollar, it is supported only by the “full faith and credit of the federal government.” If the world lost confidence in the greenback, its value would plummet and life as we know it would be severely and forever altered. How will we know when the next crisis is about to emerge?
Also read: Ron Paul: Be Prepared for the Worst
The first sign of a currency crisis, according to Paul, will be a precipitous decline in the value of the dollar. A collapse in our currency would result in a spike in inflation. It would also be accompanied by an increase in U.S. interest rates. Paul’s prediction, although rather dire, is for the collapse of the entire U.S. financial system. If this occurs, the systemic risk would be massive. If the U.S. financial system actually did collapse, it would take the entire global financial system with it. Why? Because there is over $18 trillion in U.S. debt outstanding, with China and Japan being the largest holders. A U.S. collapse would devastate the entire globe. Let’s turn our attention to the national debt, an issue which weighs heavily on the minds of millions of Americans.
When the government spends more than it collects, the result is additional debt. From the signing of the Declaration of Independence in 1776 until 2008, the U.S. accumulated slightly over $10 trillion in federal debt. In the past seven years, the debt has nearly doubled to more than $18 trillion. By the year 2019, it is projected to exceed $20.3 trillion. When interest rates rise, the impact will be felt by the federal government as well as everyday Americans. First, it will increase the government’s cost of borrowing, which will cause the debt to rise even faster. It’s entirely possible that even a modest rise in interest rates could cause the debt to spiral out of control. This is because Washington is heavily dependent on borrowing to operate. Next, it will be much more difficult to expand or even maintain the welfare state. This fact alone will lead to mass riots as individuals who are dependent on a government check will take to the streets in protest. Also, the U.S. would have a more difficult time funding its presence (i.e. military bases) around the world. This would lead to a less stable socio-political environment and an uptick in radical behavior. Plus, a shortage in government revenue could result in a rather large tax increase and the eventual demise of the middle class. Finally, and as we’ve already seen, the federal government may decide to target 401ks and IRAs as a source of additional revenue. This could take the form of a tax or fee of some sort. Mr. Paul also mentioned the possibility of a tax on regular savings and other assets. If the government finds itself in a tight situation, as we’ve witnessed in the recent past, the potential intrusion could be severe.
Social Unrest
This discussion wouldn’t be complete without mentioning social unrest. As we’ve already seen, the match is lit and it wouldn’t take much for anarchy to manifest. In essence, there appears to be a significant amount of pent-up frustration among the electorate. For example, who expected the reaction in Ferguson, New York, or Baltimore? And this may only be the tip of the iceberg. A temporary government shutdown is also a distinct possibility. To this author, public protests seem to be on the rise and the bar of what’s reasonable appears to be quite low. Hence, I suspect this is only the beginning of more civil unrest in America.
Also read: 10 Tips That Can Help You Avoid and Survive Civil Unrest
The Clock is Ticking
Is the problem too advanced to solve? Can a crisis be avoided? These are valid questions. I believe we can still fix this, but as Paul stated, “Real monetary reform will only come after a major currency crisis hits.” Why? Is he just being pessimistic? No, I don’t believe so. What he is saying is that politics will get in the way and prevent a solution until it reaches a crisis point. This is a view I have held for quite a while. Until Congress is forced to find a solution, it’ll be business as usual. The former Congressman also said he believes the majority of those in government do not fully understand economics.
Is the U.S. Losing its Stature?
In the post WWII era, the U.S. dollar has been the global reserve currency. Prior to that, the British Pound filled this role. Recently, China has increased its trading with Germany, India, and others, excluding the dollar as the reserve currency. It seems the world is slowly transitioning away from the dollar. If this continues, the U.S. could lose its position as the world’s reserve currency. This would have numerous ramifications. A discussion on that is beyond the scope of this article. Mr. Paul also stated that 10 countries have already signed a document to begin phasing out the dollar as the basis of trade. Even the IMF has proposed a new world reserve currency system. The days of the U.S. dollar as the world’s reserve currency may well be numbered.
Related: Prophet of doom: US presidential candidate John McAfee has some scary warnings for society
Some argue that the U.S. economy is on the mends and the stock market is near record highs. Therefore, things can’t be all that bad. While there is truth in this, according to Paul, stocks have risen due to Fed policy and political leaders. He also stated that printing money has never solved this type of problem….ever! He cited Germany, Russia, Argentina, Brazil, Chile, Japan, China, Ukraine, Italy, Ireland, Portugal, and Spain as examples of countries that had similar problems to the U.S. and yet none of them was able to use the printing press to escape their problem.
Will the U.S. follow the path suggested by former Congressman, Ron Paul?
An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
From http://www.allselfsustained.com/ron-paul-the-collapse-of-the-entire-u-s-financial-system-is-closer-than-you-think/
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An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
it will be the best thing that has happened since jfk was murdered, when it comes decent, law abiding citizens are going to have to clean up america, the low life filth and scum will be out to rob, rape, and plunder all they can, its happening right now, why aren’t americans doing something about it, real americans are going to have to work together to rid their country of the filth that is roaming our streets when the sftf because the govt has done nothing but sit on their asses and allow all this crime and filth to enter this country, when we had enough of our own to deal with. Revenue collection and making money for prisons has been the main priority, America needs to to give a death sentence to all murderers, rapist, child molesters, pedos, and robbers, immediately after sentencing, and for those caught in the act, don’t waste a trial on them. If these so called humans want to act like savages threat them like the savages they are.
13 + 6 = January 19, 2016, which could possibly be the day they launch a massive false flag cyber attack to cover up the collapse of dollar. (See explanation below)
Epiphany – Three Kings Day, Theophany
https://en.m.wikipedia.org/wiki/Epiphany_(holiday)
Theophaneia meaning ”Vision of God’, also known as Three Kings’ Day, is a Christian feast day that celebrates the revelation of God in his Son as human in Jesus Christ.
The traditional date for the feast is January 6 and commemorates the baptism of Jesus in the Jordan River, seen as his manifestation to the world as the Son of God.
Eastern churches following the Julian Calender observe the Theophany feast on what for most countries is January 19, because of the 13-day difference today between that calendar and the generally used Gregorian calendar.
The number 13 is very signifigant to the Illuminati or ‘illuminated Ones’ aka (13 Ruling Crime Families) is a ritualistic organization that has been around since the Christian crusades. It has a special way of looking at numbers that we should all know about and uses the numbers for ritualistic witchcraft.
Thirteen is simultaneously a lucky and unlucky number. It is considered to be a bad omen because the Knights Templars were arrested on October 13, 1307. However it is also the number of reincarnation and everlasting life. The highest possible magnification of the number 13.
There are 13 members in covens and satanic cults – 12 regular members and one high priest. This is a mirroring of 12 jurors + 1 judge = 13. There are 13 high occult families that run the world. (Fritz Springmeier Illuminati Bloodlines)
The number 19 is magickal. Lunar cycles are synchronized with Gregorian calendar every 19 years.
In addition, David Bowie fake staged hoax death, dies at 69.
The number 69 and its usage by the Freemason Illuminati/Luciferian crowd. Ronald Reagan’s association with the number 33 and being age 69 when he was first elected President of the United States.
These numbers and the manner in which they have been used predict the “raising ceremony” of the coming Antichrist/Lucifer. The number 69 has always been used, and what it represents to the “enlightened ones” who are planning a New World Order for their “supernatural world leader”!
Just as the Washington Monument (Phallus) inside the circle represents sexual union in the place of dead spirits (hell), the number 69 is representative of the exact same thing as well. The overall plan of Satan is to bring WORLD UNION to all nations under a New Global World Government over which his “chosen one” will rule. The number “69” and its usage is very evident in Satan’s plan to accomplish this very thing right in plain view of all with “eyes to see”.
Dr. Paul has been correct about many developments so let’s hope we get this next one right
https://www.youtube.com/watch?v=mUZZlFGtVSc
Rub Clean ~ Ruble Can
1 + 1 = 2 which could possibly mean that 1 and 1 is 2. 2 is the prime number of a Big Mac so when you add tomatoes it adds 3 so 1+1+3 = 5. 5 is the great counter number to french fries. 5+4 = 9 which is the main number for Five Guys hamburgers. Now if you take 9 + 1 = 10 then you get the coupon code for Sweet Tomatoes lunch special. The number “10″ means that you are hungry for knowledge and french fries so you must then factor in a 2 because that means you will fulfill the great lunch special equaling 12.
Now remember that 12 can be a good or bad number as some people can be hungry and others may not be. But that’s what the Illuminati is counting on! They want hungry and full people to fulfill their great hamburger takeover. Now this is the crazy part – if you just add one french fry to the equation you get 13!! During the Christian Crusades, they used to serve lemonade and didn’t realize they were throwing off 13 with 14 thus strengthening their enemies. Those morons! How can you add a 1!! Look at the mess we are in now!!
So let’s break this down properly: Just today, David Bowie died at 69 which is the universal number for Barney. Now everyone knows the purple dinosaur number matrix so let’s break it down:
69+12+13-1+23+15+12+13.5 = The Illuminati. With this equation, I have figured out many things: 1. I am hungry for Five Guys, Barney is an evil and vile representative of the Illuminati, and the world will end on January 18th at 3PM. How do I know? Easy just break down the hamburger equation:
12-32+4+12+774-12+hamburger+tomatoes-pickles = the end of the world on January 18th.
It is so clear that I cannot believe people don’t see it. satan is using these numbers to enslave us and make sure we stay hungry when Five Guys doesn’t run a coupon special on lunch. To prepare, make sure you do the lettuce and tomato equation memorize for your survival:
lettuce represented by 2 and tomato represented by 4 will give you the keys you need to prepare for the onslaught: 69+pickle(4)+tomato(10)+338482.13+satan = THE END OF THE WORLD!!!
Get your calculators out and sit and calculate meaningless numbers all day and make up some crazy story to justify your numbers. Then pick a date or make up a theory in an effort to look like you know what you are talking about. Remember, don’t forget to always calculate in the lettuce into your end of the world theories.
Good luck with your math!!