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Thursday, December 18, 2014

Jim Willie: We’re in the END GAME: The Dollar Will Rise Just Before it COLLAPSES!

We’re in the end game. The dollar will rise, and rise some more, and will do so right before it dies or collapses.
by C Serpa, Grams Gold:
“This is the year of accelerated breakdown,” says PhD Economist Jim Willie.
He sees the economy as having already collapsed in 2008 and the Fed as keeping a dead economy barely alive with it’s QE money printing scheme.
Now that the US has announced it’s end to QE, he says that it hasn’t really ended, as coincidentally, Japan announced a bigger than ever, multi-trillion dollar money-printing scheme. He says that is orchestrated by the US, which figuratively hold Japan hostage.
“The US exported QE, we didn’t stop it, and commandeered their 1.2 trillion pension fund. The us is running out of countries to plunder, in order to sustain the dollar.” says Willie.
Rob Kirby of Kirby Analyticsagrees, saying ,”The world’s reserve currency has been debased to the point that it is going to go supernova. This is the whole illusion behind the strength of the dollar.
The dollar isn’t getting stronger, just like stars aren’t going to have longevity when they go supernova. They get brighter and you might think the star is getting more viable when, in reality, the notion of it getting really bright before it goes supernova is exactly the opposite of the illusion of it getting brighter. It’s what happens just before it goes black and dies.”
Willie continues, “Here’s some of the fallout. If the Japanese suddenly get a currency advantage. What happens to Asian export trade? Singapore, Taiwan and Hong Kong has a dollar. So we’re going to get a currency war in Asia. That’s the consequence the United States commandeering the Japanese.
I don’t give a rat’s ass what the COMEX price is for gold and silver. Because they don’t have any! – Jim Willie
Samsung, LG, Hyundai, are not going to sit back and let Toyota and Japan take over. We are going to see a lot of damage and the importers suddenly stopping. They are going to delay these orders and cancel Japanese orders, as they will. Their whole export trade with Asia is going to get messed up. Thank you , Fed! This is how the dollar is killing the entire world’s financial structure.
The Japanese are going to cause a currency war in Asia. We’re not gonna get a year! They are going to win an acceleration in the end game, an acceleration in the Asian’s decision to get rid of the dollar and move with China and Russia and Germany into the gold standard.
Most of what’s going on in the world has a gold subtitle story. The US is causing problems around the world because they insist on using military force to defend the dollar. The world is concluding that the dollar must die, and must be replaced by the gold standard.
And we have to do it very quickly, before the entire global economy is dead! The dollar croaked in 2008 and this is all aftermath. We’ve got a huge IV of QE trying to revive a dead economy. Asia is going to be united AGAINST the dollar. We are going to see Abe tossed to the curb…woudn’t it be nice if the US could toss out the Kenyan?

QE not only kills capital, it kills capitalism! The dollar is being kicked to the curb in global trade. When it’s not used in global trade, the global major banking systems will discharge their Treasury Bonds. They could pick up gold.”
When these global nations get rid of more of their Treasury Bonds …is when the US launches a new currency. ..which will immediately have a 30% devaluation, and then in 6 months have another 30% devaluation. “”It will be heavily devaluated, and cause significant price inflation on the import side . It will set a sequence in motion, that will result in the US economy having to rely on a different currency besides the dollar. That is a gigantic shit storm.

They will introduce a new dollar, which will immediately have a 30% devaluation, and then in 6 months have another 30% devaluation. That will cause a 150% price inflation on the import side alone.”

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