JIM WILLIE:The Bankers Want to WRECK the Economy,Then INSTALL TOTALITARIANISM [transcript]

You cannot have a totalitarian state, which is just extreme fascism, without wrecking the economy. They want to wreck the US economy, they want to wreck the European economy and install fascism. 

One of the chief architects for the banking side of this was Greenspan. He gave the Americans what they wanted-easy money! He gave them what they wanted for asset bubbles. On the other side of broken asset bubbles is a wrecked financial and economic system

So that’s what this Ukraine war is all about, to prevent Russian from joining with Europe. The US doesn’t want that. The US wants to wreck Europe so that they can have a totalitarian state. We hear it called the NWO, New World Order; this is basically what it’s all about. The Ukraine war is the final desperation to take down Europe and prevent it from marrying Russia. That’s how I see it.

Interviewer: How do you see how the Russian sanctions are going to impact the US dollar and also, how do you see them impacting the European economy?

Willie: There’s a shared Russian trade function regarding banking, food, weapons – and they’ve all been halted to Europe. There have been interruptions, and they are very organized and orchestrated. It includes the oligarchs. The US government and the EU like to try to make themselves look noble by identifying Russian oligarchs.

Really, all they are trying to do is attack and limit the best friends of the Kremlin. It’s a bad plan. The entire energy supply to Europe from Russian oil and gas sources is to be threatened. I’ve got some pretty reliable word from my sources that say that we may see just about anything on the table to interrupt it EXCEPT Gazprom gas.

It’s kind of funny, really, if it weren’t so tragic. That they’re going to block food, credit cards, oligarchs – but they’re not going to block energy. In response, these eastern powers, are going to work toward a non-dollar alternative.

Anytime you hear “non-dollar-alternative” just think “return to the gold standard.”  The press does not even like to mention “gold standard.” If they see gold standard efforts, they’ll call it “dollar alternative” and paint it as some kind of terrorist event.

Eventually Europe is going to work toward this alternative system, joining the East. I think it’s just locked into the future. And notice the US is busy prosecuting the French banks…Swiss banks for tax evaders and private account disclosure violations.

And notice the US government prosecuting Deutsche Bank in Germany. And they’ve already given a preliminary hypocritical statement. That they’re going after Deutsche bank for fraudulent activity in derivatives and the Forex market. Which is precisely what the London markets do and where there was NO prosecution. …So we have this tremendous hypocrisy coming and pressure on European nations to break away from the United States and its fold. This IS going to get out of control.

The US has sanctioned …Iran and Russia. They refuse to sanction China, because they hold too much US debt. I think the real BIG, BIG wild card will be when the United States starts talking trash with Germany. That’s when I think everything’s going to change.

You’ve got sanctions after sanctions after sanctions, and these are to the enemy states. But then you’ve got bank fines after bank fines to our allied partnered states. I like to say that the Nazis attack their enemies, defraud their allies, strangle and put in a straight-jacket their own subjects in their population, all while deep criminality goes unpunished.

The result is that Nazis ALWAYS isolate themselves. It’s all through history. And the American people don’t like to think of themselves as being led by Nazis. But that’s what they are. Neo-con means Nazi.

People need to wake up! The Bush 2 administration was the first Nazi administration and what was their first active deed? 9/11. And the preliminary to that was the Clinton administration where they stole all the gold.

One of the ugliest secrets in American politics is how the Bush and the Clinton family are best friends. They’re  Nazis. [14:45 on video]

[23:00] Germany has already decided that they are committed to working with Russia and China on a gold trade standard. Everybody is starting to realize the answer is the solution is the “gold standard.”

You can’t allow the Americans to print trillions of dollars, cover their debt and give to their bankers and expect no consequence with the rest of the world on the cost structure to the global economy. ..QE is a DEATH SENTENCE. Zero interest rate is a DEATH SENTENCE. And what it means is that you’re walking toward the electric chair.

The effect on capital is very detrimental. I call it “capital destruction”.  It’s hyper-monetization, which we learned for 40 years in school was a bad thing. But, when the US does it, it’s a good thing and it’s “stimulus”. Why is that? Because it’s… nazi economics!

Germany has already decided to abandon the Euro, NATO and move away from the European Union. Germany is already decided with the Dutch, Austrians, and Finland to work on a direct alternative and these 4 nations are going to simultaneously break away from the European Union.

Germany has made enormous inroads with Russia, regarding energy and railways. Germany’s made enormous inroads with China, with exports…industrial equipment. 

The United States is ready for fascism. It is the natural end chapter to capitalism. Do you see any evidence of capitalism in the United States? You’ve got a majority of Americans now on the Federal “dole” and they’re the main Obama voters…

I think Americans are some of the biggest fools in the history of the world. Finally, no more than 5 or 10% are beginning to wake up, and I applaud them…but the other 95% are going to get plowed under.

Notice the last few months the Saudis are permitting a fast erosion in the petrodollar. They are having a big conference every single month with the Chinese. I think they are getting ready to install a Chinese yuan standard for oil payments, that Europe can honor too.

I think the entire OPEC cartel is going to accept non-dollar payments for oil, and the Persian gulf as well. What’s the consequence of the petrodollar being dropped? The dollar will lose it’s reserve status. The European banks will no longer require Treasury bonds in their banking system, if they don’t need them to buy oil.

Americans are some of the worst economists in the history of the world.

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