The Process Of Killing The Dollar

By Douglas J. Hagmann

22 March 2014: I wrote about it nearly one year ago to the day. The Obama agenda is to simply “kill the U.S. dollar,” where the ultimate objective is to implement an international currency in tandem with a system of global governance. Some people laughed, saying it was hype. Others held a death grip onto their normalcy bias, saying it was not possible. Exactly a year later, the stage is being set for the murder of the U.S. dollar. This is a process that has been long in the planning, and is no accident, nor is it a result of the amateurish handling of our economic affairs by the Obama regime or the last few presidential administrations. It is a deliberate process, covered by the fog of the geopolitical machinations between the U.S., Russia and the controlling power elite.

The U.S. dollar is now exhibiting signs of cheyne-stoking, as it is in its last phase of life. It is obvious not only by “Old Yellen’s” lipstick-to-pig process, but by the actions of Russia in response to our caliphate building process in the Levant and Eastern Europe. It is asymmetrical warfare at the highest of levels, as Putin knows the sting created by the deliberate destruction of the Ruble from years ago.

Those who don’t yet understand what is taking place may be enlightened by rereading my article from March 30, 2013, which contains information given to me by an intelligence insider and is actively taking place as I write this. For the current state of our economic affairs, Tyler Durden of Zero hedge explains the active process well in his article “Petrodollar alert: Putin Prepares to Announce Holy Grail Gas Deal with China.” While the eyes of the world are transfixed in thousand yard stares at their televisions in a new reality show involving the disappearance of a Boeing 777, our wealth is being plundered.

This is all part of a process that ties together seemingly disparate events such as the Arab Spring, the take-over of Libya, the continued attempts to destabilize Syria, and, of course, our meddling in Ukraine. All of these events are interrelated, as are the so-called “banker deaths,” which are obviously much more. One simply has to step back and look at the big picture to understand exactly how we are being led into a global governance of wealth confiscation, redistribution and financial bondage.

Many have wondered why the federal government needs all of the ammunition and military style equipment on the streets of America. When people suddenly realize that they have no more retirement or savings left and no way to sustain themselves, it will get ugly. Some will be convinced that it was all a series of unfortunate misdeed, or some cosmic accident that Americans and those who trade with the U.S. dollar are unable to buy food, gas and other necessities. In reality, however, it was all planned long ago. Soon, we’ll see the effects of those plans.

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Are We On The Precipice Of A Collapse?

Warning: Some viewers may find this information disturbing as they are awakened from their slumber.

 

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If You Ever Wanted To Do Something, Do It Now. It’s All About To Blow Sky High.

by ajfloyd

The Russians pulled their Treasury bonds out of New York. And Russian corporations are pulling their money out of US banks. These are key signs that the dollar and the current US puppet government could collapse long before the 2016 elections. The dollar could never survive the sanctions Obama and Kerry are threatening. If we are lucky, President Putin of Russia and President XI Jinping of China, are too busy laughing at John Kerry to pay attention. It is not in China’s interest to force America into bankruptcy before China has squeezed every last gold bar out of US and London vaults. Their goal is to replace the dollar as the world’s reserve currency with a gold backed yuan.

America is on the verge of collapse. The occupying Power of the Bankers has bled us dry with their wars and their Ponzi schemes. They have stolen tens of trillions of dollars from our pensions and savings and sent it overseas. The Bankers are financially prepared if the dollar is collapsed when their puppet President imposes sanctions on Russia or makes some other strategic blunder in June of 2014 or maybe March 2015.

The dollar might survive past April of this year. But it might not. The dollar might even last a few months. But I don’t see how this precarious Dollar Bubble could possibly last until the next President takes office in January of 2017.

I have written of the clash between the Russo-Chinese alliance and the New World Order. But I do acknowledge that the West’s 30 families like the Rothschilds have extensive holdings inside Russia and China.

The Rest Of The Story Here

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Nationwide Home Sales Collapse: There Is No Recovery and This Chart Proves It

Mac Slavo
March 20th, 2014
SHTFplan.com

 

Now may be the best time to buy a home. At least that’s what the majority of real estate agents in America will tell you if you ask them how the housing market is doing.

They’ll cite various statistics and give you a “feel” for the market from their personal experiences to convince you this is the case. But if you’re paying attention, then it should be clear that there is, in fact, no recovery in the housing sector. And any gains we may have seen over the last few years are nothing short of a Federal Reserve fueled mirage, much like the stock market.

The following chart from Bank of America is indicative of some serious fundamental problems, not just with the housing market, but the broader economy as a whole.

first-time-homebuyers

If you ask the experts they’ll give a host of reasons for why sales are down, as well as prognostications for why the real estate market is about to turn the corner and head back to new highs.

The weather, of course, is always to blame for lackluster sales in homes and consumer products, and that, apparently, is the case once again. But the National Association of Realtors has, for the first time ever, indicated that there is another key challenge facing home buyers.

Student debt appears to be a factor in the weak level of first-time buyers.

“The biggest problems for first-time buyers are tight credit and limited inventory in the lower price ranges,” he said. “However, 20 percent of buyers under the age of 33, the prime group of first-time buyers, delayed their purchase because of outstanding debt. In our recent consumer survey, 56 percent of younger buyers who took longer to save for a downpayment identified student debt as the biggest obstacle.”

Brown notes the survey results are for recent homebuyers. “It’s clear there are other people who would like to buy a home that are not in the market because of debt issues, so we can expect a lingering impact of delayed home buying,” Brown added.

NAR via Zero Hedge

The Rest Of The Story Here

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On The Verge of an Economic World War 3

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NASA-funded study: Over 32 advanced civilizations have collapsed before us, and we’re next in line.

NASA-funded study: Over 32 advanced civilizations have collapsed before us, and we’re next in line.

Collapse of civilization

As any long-time reader of this column knows, we routinely draw from historical lessons to highlight that this time is not different.

Throughout the 18th century, for example, France was the greatest superpower in Europe, if not the world.

But they became complacent, believing that they had some sort of ‘divine right’ to reign supreme, and that they could be as fiscally irresponsible as they liked.

The French government spent money like drunken sailors; they had substantial welfare programs, free hospitals, and grand monuments.

They held vast territories overseas, engaged in constant warfare, and even had their own intrusive intelligence service that spied on King and subject alike.

Of course, they couldn’t pay for any of this.

French budget deficits were out of control, and they resorted to going heavily into debt and rapidly debasing their currency.

Stop me when this sounds familiar.

The French economy ultimately failed, bringing with it a 26-year period of hyperinflation, civil war, military conquest, and genocide.

History is full of examples, from ancient Mesopotamia to the Soviet Union, which show that whenever societies reach unsustainable levels of resource consumption and allocation, they collapse.

I’ve been writing about this for years, and the idea is now hitting mainstream.

recent research paper funded by NASA highlights this same premise. According to the authors:

“Collapses of even advanced civilizations have occurred many times in the past five thousand years, and they were frequently followed by centuries of population and cultural decline and economic regression.”

 

The Rest Of The Story Here

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This “Too Big to Fail” Bank Is Going Down

Last week I told you about “The Coming Curse of Zombie Foreclosures.”

I described how folks – who thought they were foreclosed on – are suddenly finding out they are actually still on the hook for mortgage payments, taxes, and all kinds of maintenance on abandoned homes.

What I didn’t tell you is that the nation’s largest mortgage-issuing bank – and the most profitable bank in 2013 – may have been bitten itself by the very zombie foreclosures it breeds.

And now it could be a dead bank walking.

The bank I’m talking about is Wells Fargo.

The New York Post’s Catherine Curan dropped that bombshell last Wednesday when she was the first to report that bankruptcy attorney Linda Tirelli had unearthed a Wells Fargo “how-to” document that instructs bank attorneys essentially how to commit fraud.

Tirelli filed the 150-page manual in New York’s notoriously no-nonsense and hard-charging Southern District court on behalf of a homeowner in bankruptcy.

The “step-by-step procedure” document instructs Wells Fargo employees how to create (as in just make up out of thin air) an “endorsement” or an “allonge” to prove Wells Fargo is a homeowner’s creditor and therefore has a right to foreclose on the underlying property.

An endorsement is something a lender signs over to a new lender who is taking over the loan or mortgage. An allonge is a string of endorsements attached to a note (mortgage or loan) showing the actual chain of endorsements.

The Rest Of The Story Here

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How The Coming Dollar Collapse Will Leave Americans Destitute

Written by: Daniel Jennings Financial March 18, 2014 0

us dollar reserve currencyAn increasing number of financial experts are saying the United States dollar is no longer a reliable and dependable currency – and that its downfall is inevitable. There are even some experts who think the dollar is so unstable that the Chinese Yuan will soon become the world’s reserve currency, or currency of choice.

“Our addictions to debt and cheap money have finally caused our major international creditors to call for an end to  dollar hegemony and to push for a ‘de-Americanized’ world,” investment advisor and financial strategist Micheal Pento wrote in an op-ed piece for CNBC.

Others agree.

“In my view the dollar is about to become dethroned as the world’s defacto currency basically,” Canadian billionaire investor Ned Goodman said. “We’re headed to a period of stagflation, maybe serious inflation, and the United States will be losing the privilege of being able to print at its will the global reserve currency.”

Goodman believes the US already is in another recession. The unemployment numbers are understated and the “real” unemployment number likely is closer to 15 percent, he said.

Over half of 200 international institutional investors surveyed by the Economist think that the Yuan will eventually replace the dollar as the world’s reserve currency. The reserve currency is the money most commonly accepted for international trade.

Why Reserve Currencies Matter

Having money with a reserve currency status enables a nation to dominate and control the world’s financial markets, as their currency is used for international trade and transactions. The US has the ability to maintain a $17 trillion national debt largely because the dollar is the reserve currency.

New book reveals how to keep this “gangster” economy from murdering your money…

A nation with a reserve currency can simply print money to pay its debts.

The Rest Of The Story Here

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“Rigged Markets” and the Crimes of Wall Street: Banker Suicides, The Prequel to Global Financial Collapse

By Gerald Celente
Global Research
March 17, 2014

The onset of the great depression of the 1930′s brought a spike in banker suicides, Will Rogers noted of the time, “When Wall Street took that tail spin, you had to stand in line to get a window to jump out of, and speculators were selling space for bodies in the East River.”

Winston Churchill – the day after Black Friday – observed, “Under my very window a gentleman cast himself down fifteen stories and was dashed to pieces, causing a wild commotion and the arrival of the fire brigade,”

Nearly Eighty-five years later the phenomenon of banker suicides appears to have returned.

The week of January 20th would be the last for Swiss Re AG communications director Tim Dickenson but wouldn’t be the last in a string of deaths and suicides for International bankers.

Just days after Dickenson’s death on January 26, police found former Deutsche Bank executive Bill Broeksmit in his South Kensington London home after he’d hung himself.

The next day on January 27, JP Morgan senior manager Gabriel Magee, jumped 500 feet to his death from JP Morgan’s central London Headquarters he was a 39-year-old

A few days later on January 29, Chief Economist for Seattle based Russel investments, Mike Dueker, was reported missing by friends, he was found later at the base of a 50 foot embankment. Police called it a suicide.

On February 4th, in a bizarre manner of death, the coroner ruled Suicide for Richard Talley, 57 who founded American Title Services in Centennial, Colorado. He had a total of eight wounds to his body and head – the method of death – a Nail Gun.

Last week on, February 17th, Dennis Li Junjie jumped to his death, shortly after lunch, from a the roof of the Asian headquarters for JP Morgan – he was only 33.

In the last eight months there have been at least 12 reported deaths of bankers perishing under questionable circumstances.

High stress banking careers are being blamed for the recent suicides. However, the answer may not be that simple.

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19 Signs That The U.S. Consumer Is Tapped Out

You can’t get blood out of a rock.  Traditionally the United States has had a consumer-driven economy, but now years of declining incomes and rising debts are really starting to catch up with us.  In order to have an economy that is dependent on consumer spending, you need to have a large middle class.  Unfortunately, the U.S. middle class issteadily shrinking, and unless that trend is reversed we are going to see massive economic changes in this country.  For example, in poor neighborhoods all over America we are seeing bank branches, car dealerships and retail stores close down at an alarming rate.  If you didn’t know better, you might be tempted to think that “Space Available” was the hottest new retailer in some areas of the nation.  On the other hand, if you live in San Francisco, New York City or Washington D.C., things are pretty good for the moment.  But as a whole, the condition of the U.S. consumer continues to decline.  Incomes are going down, the cost of living is going up, and debts are skyrocketing.  The following are 19 signs that the U.S. consumer is tapped out…

#1 Real disposable income per capita continues to fall.  In the fourth quarter of 2012, it was sitting at$37,265.  By the time that the fourth quarter of 2013 had come around, it had dropped to $36,941.  That means that average Americans have less money to go shopping with than they did previously.

#2 In January, real disposable income in the U.S. experienced the largest year over year decline that we have seen since 1974.

#3 As disposable income decreases, major retailers are closing thousands of stores all over the country.  Some are even calling this “a retail apocalypse“.

#4 From September 2013 to January 2014, the personal saving rate in the United States dropped by a staggering 16 percent.

#5 During the fourth quarter of 2013, we witnessed the largest increase in consumer debt in this country that we have seen since 2007.  The Rest Of The Story Here

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