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JIM WILLIE: U.S. Threatens Nuclear War Over Dollar Supremacy

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from Before Its News:

U.S. Threatens China and Russia With Nuclear War Over Challenging Dollar Supremacy

China

In the following audio interview, Jim Willie guests stars for an interview at the Beyond Bitcoin Community where he shares his overall assessment of the geopolitical economic landscape. To begin, Jim starts off talking about how the current state of the world has gone from beyond surreal to all too real! Like many of us, Jim never thought the Dollar would make it past 2010, but that was assuming the U.S. would play by the rules. Once we saw QE1, QE2, QE3, and what will probably soon be QE4, things became rather surreal as it became more obvious that the U.S. was willing to play fast and loose with the Dollar, which is just going to result in a larger and much more painful crash when it eventually does come. As for the non-stop rumors of a Fed rate hike, people should really know by now that they are just that: Rumors. Perhaps the Fed thinks by saying it is considering raising rates, that it can somehow “will” its way to a recovery, but the reality is far more grim. A Fed rate hike could destroy the whole treasury system, the Wall Street Banks, and the Fed’s balance sheet. How many times do people need to hear it? The Fed is NOT going to raise rates in December. 

When it comes to the strong U.S. Dollar, Jim explains how the strong Dollar is a ridiculously misleading indicator as to the state of the U.S. economy. First of all, it’s only strong because other countries that are less screwed up than the United States have fled to the Dollar for security, but sooner or later the facade will be up, and the same people pouring money into the Dollar, will realize that the Dollar is worse than wherever their money was. In the meantime, the “strong” Dollar is crushing exports. In a joking manner, even though there’s nothing funny about it, Jim talks about the hottest new U.S. export: Empty shipping containers. Now, in addition to our other favorite exports, things like toxic paper bonds, diabetes through our fast food and junk, laced vaccines, and GMO’s, we are now exporting over 200,000 EMPTY containers out of the California ports and back to China. Adding insult to injury, is those containers don’t ship for free, so we’re paying money to ship air to China. The culprit, the strong Dollar, because the cost of our crap goods is too expensive for other countries to buy so long as the Dollar is “strong.”

As it was explained yesterday in, Peter Schiff and “The 4 Harbingers Of Stock Market Doom,” 23 countries have already left the Dollar already. As it stands, there are 31 countries with Chinese Yuan exchange facilities so that those countries can avoid the Dollar all together in international trade. When the system finally implodes, and it will, people can expect to lose up to 70% of their life savings. That gets to the crux of the matter about what is really going on geopolitically. Sergey Lavrov, the Minister of Foreign Affairs of Russia, let it be known to the Europeans, particularly Germany, that the U.S. has had a long list of targets for ISIS, and never launched an attack on one of them. How could that be? Simply put: We don’t attack our own assets. ISIS is a farce, with a paper trail which Jim covers, that leads directly back to none other than Senator John McCain. Furthermore, the “War on Terror” is a farce. Both ISIS and the phony “War on Terror” are designed to do one thing, as the article below notes: To put the world on notice that U.S. is well aware we are losing our status as the World Reserve Currency, we are equally aware that the U.S. will not survive the loss of our Reserve Status, so we’re willing to go to war with anyone not on board with helping us re-establish ourselves as the Reserve Currency.

Recently, the United States fired off a ballistic missile test, which would have been armed with a nuclear device, off the coast of California to send a message to China, Russia and the American people – despite a great deal of controversy and condemnation when other countries have tested these missiles in the past.

Trident II

Of course, officially, it was all just a regularly scheduled drill. The real message, between the lines, is stark, however. The United States is indicating that it would sooner go to war with the Far East than suffer the defeat of an intense currency war over the rising Yuan. A few years back, Rand Corporation and Pentagon planners actually debated whether or not to launch WWIII as a solution to the 2008 economic crisis… what must they be thinking now as the U.S. dollar paradigm is quickly falling to pieces and economic destruction looms overhead? 

Listen to the Interview with Jim Willie @ Before Its News