As I predicted last month in “We Have Just Witnessed The Last Gasp Of The Global Economy,” severe volatility is now returning to global markets after the pre-game 10 percent drop in equities in October hinted at what was to come….
This is not to say that individual central banks and even currencies are not expendable in the grand scheme of things. In fact, the long-term goal of globalists has been to consolidate all currency systems and central banks under the outward control of the International Monetary Fund and the Bank Of International Settlements, as I outlined in “The Economic Endgame Explained.”
That particular article was only a summary of a dangerous trend I have been concerned about for years; namely the strategy by international financiers to create a dollar-collapse scenario that will be blamed on prepositioned scapegoats. I have no idea what form these scapegoats will take – there are simply too many possible triggers for fiscal calamity. What I do know, though, is the goal of the endgame: to remove the dollar’s world reserve status and to pressure the American people into conforming or even begging for centralized administration of our economy by the IMF. Continue reading
Combine this with Bank of America’s warning that “the US Dollar is in trouble” and you can see that the cliff America is heading towards without brakes isn’t too far away.
While we will have more to say about the disastrous December TIC data shortly, which was released early today, and which showed a dramatic plunge in foreign purchases of US securities in December – the month when the S&P soared to all time highs and when everyone was panicking about the 3% barrier in the 10 Year being breached and resulting in a selloff in Tsy paper – one thing stands out. The chart below shows holdings of Chinese Treasurys (pending revision of course, as the Treasury department is quite fond of ajdusting this data series with annual regularity): in a nutshell, Chinese Treasury holdings plunged by the most in two years, after China offloaded some $48 billion in paper, bringing its total to only $1268.9 billion, down from $1316.7 billion, and back to a level last seen in March 2013! Continue reading
MOSCOW — Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to his country’s parliament Wednesday that would ban the use or possession of the American currency.
Mikhail Degtyarev, the lawmaker who proposed the bill, compared the dollar to a Ponzi scheme. He warned that the government would have to bail out Russians holding the U.S. currency if it collapses.
“If the U.S. national debt continues to grow, the collapse of the dollar system will take place in 2017,” said Mr. Degtyarev, a member of the nationalist Liberal Democrat Party who lost in Moscow’s recent mayoral election. Continue reading
It began on Wednesday, 2 May 2012 with a 45-minute interview on TruNews with Rick Wiles when I first disclosed the information I received the previous week from my source. The information I relayed “went viral,” as they say, across the internet.
To support the statements I made during that interview, I am showing my handwritten notes taken contemporaneously during our conversation. My notes consist of two pages and are, at various points, admittedly difficult to decipher. I ask that points not be deducted for my penmanship given the time of the morning which they were taken.
According to my source, there is talk among the highest levels of the uppermost echelon of the Department of Homeland Security, which he describes as effectively under the control of Barack Hussein Obama. During this call, he said that the DHS is actively preparing for massive social unrest inside the United States. He then corrected himself, stating that “a civil war” is the more appropriate term. Certain elements of the government are not only expecting and preparing for it, they are actually facilitating it,” stated my source.
“The DHS takes their marching orders from the Obama administration, from Obama himself, but mostly from his un-appointed czars. And Jarrett, especially Valerie Jarrett. Don’t think for a minute that the administration is doing anything to stabilize events in the U.S. They are revolutionaries, and revolutionaries thrive on chaos,” he added.
“Obama is using some high profile people as pawns to foment the revolution. I heard several times through very credible sources that [Louis] Farrakhan is on the CIA payroll. Other have been named as well, but I’m not prepared to identify them yet. Farrakhan is to coordinate the Blacks and the Muslims to prepare for riots this summer, using any means necessary.”
Economics is a huge part of this revolution, and they want to replace the dollar, to see it collapse. They expect, that is, they are working toward this very goal, and when this happens, it will cause chaos like never seen before in the history of this country.”
“Why do you think Jon Corzine is not only walking around, but heavily involved in Obama fundraising? They know it’s just a matter of time that Europe will implode economically, and when it does, start counting the days before we see massive hyperinflation and the ultimate collapse of the U.S. dollar,” stated this insider. “What will it look like in the streets of America when the general population realizes that there is no money? That’s right, chaos.”
According to this insider, the Trayvon Martin case is just the tip of the iceberg. “You certainly don’t have to be a genius to understand how Obama and his team played the public on this issue, and it’s far from over. But that’s not the sole element of what we’ll see this summer.”
“Remember the shots fired at the White House not too long ago?” asked my source. There was an element of outrage that was squandered, according to ‘team Obama.’ In fact, Obama and some of his closest advisors, especially [Valerie] Jarrett were incredibly angered that the outrage was seemingly tempered. It should have been an opportunity to use our force against the Tea Parties, the gun clingers, the Constitutionalists, and everyone who has complained about Obama. DHS should have stepped in right then, and used that event to start the clampdown,” this source stated about White House comments.
This source stated that from that point on, the DHS must become more responsive and aggressive.
Watch for a false flag event against Obama or his family, something that will outrage ‘black America.’ It will be carefully choreographed, but executed in a manner that will evoke the ugliest of reactions and create racial chaos in this country that will make the Watts riots, 1968 and the Rodney King riots pale in comparison. That’s the third leg in this.”
Does Obama look worried about the upcoming elections? Look at his lavish vacations, his limited work schedule, and those with whom he is working. This is a very dangerous man who has, as his closest advisors, people who have orchestrated the revolutions of the 1960s. They know the “trigger points” in America.
That threat need not be from beyond. All it might take is a world of starving, broke and desperate people.
Full article: The planned re-election of Obama, revolutionary style (Canada Free Press)