Max Keiser~ 'US Dollar Will Collapse In 2013'

Published on Jan 3, 2013
A prominent economist tells Press TV that the United States so-called fiscal cliff is more like a ‘bottomless pit of debt’ that the country is diving into. He also added that the United States risks collapsing of dollar in 2013. US President Barack Obama has signed into law a bill backed by the Senate that averted the so-called fiscal cliff, the White House says. Obama signed the ‘American Taxpayer Relief Act of 2012′ on Wednesday, the White House said in a statement. On January 1, the House of Representatives voted 257 to 167, approving the bill, which consists of raising taxes on the wealthiest Americans, while exempting others who earn less than $450,000 a year. It will also put off 109 billion dollars in budget cuts for two months.
To further discuss the issue, Press TV’s News Analysis program has conducted an interview with Max Keiser, a journalist and broadcaster in London, Eric Draitser, founder of stopimperialism.com in New York, and Rollin Amore who is an economist and political commentator in Washington.
Touching upon the recent tax law and spending cuts in the United States, Max Keiser noted in a Thursday interview with Press TV that when America takes on more debt than it is able to repay by collecting taxes, the difference is paid for and financed by China.
China’s support for the US debts has turned America into the worst G20 economy in terms of the gap between its spending and revenues, he pointed out.
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Max, great analysis as usual.
No not exactly.
Why dont you ask the charlatan Max on how his ‘buy Silver, crash JPM’ is going.
Hi Idiot welcome to 2013, still up to your dirty tricks of bashing everything and everybody.
Time for you to post some Articles that make sense.
Like to have a good laugh…….
This collapse will be upon you before you know it.
You are wrong there
Was watching a business news channel tonight and two things caught my attention. First, the US Postal Service is losing 25 million dollars a DAY because people have stopped using their mail service because they use EMAIL. Second, Star Bucks is going to start selling those miniature “Square” card readers for smart phones so that people can pay electronically, without cash, at all their stores. See a trend developing here?
There is a race on, a vortex and everything must fit through that little hole. Of course everything will stop circling the drain, as it passes through. Financial/economic crash, tyrannical government, Satanic epitome, social upheaval, natural disasters, environmental disasters, poisoning of food, the end of an age. In the first half of 2013 the galactic wave will reach Earth. We can all feel everything speed up, faster and faster and then we will pass through and nothing will ever be the same again. Our new world won’t have the trappings of the old. Money will gradually disappear because it is a device of a primitive world and Earth is advancing past that. We are seeing the end of personal fortunes, the end of the nation state, the end of war, the end of starvation. All will be new but first the old, will be smashed to pieces.
What else do you expect?
That man in office does not belong there. He is NOT a leader. I don’t know why he was put in there, I don’t think he knows what he’s doing there and I don’t know if Americans even know who he is.
So it is obvious this will end badly! The only thing I can explain is ignorance has destroyed this country and the man in office represents that!
Always comforting to know, that predatory capitalists will be left holding vaults full of worthless paper.
Predatory Capitalists? Have you read the ads to the right of this box? Who will “survive the AFTERMATH”? Whats the “#1 MOST valuable item in a crisis”? Who’s preying on the fears of the people? Paper money is being made worthless by another group of predatory capitalists! Electronic commerce is taking over, and electronic digital instruments of monetary exchange, i.e., buying and selling, will become the “new normal”. Physical cash is being phased out. Paper payment methods like checks are being phased out. Eventually, plastic methods of payment like credit cards, will be phased out. Instead of paper receipts, “e-receipts” can be sent to your “email” on your home computer, your smart phone, your iPad, etc.. Electronic banking is widely accepted already. The end game is rather obvious.
Max called collapse of Comex by a certain time, didn’t happen. Plunge in value of the USD is a certainty, but timing is not knowable except to say that it’s a matter of years, not a decade or decades.
This is a message to all of you maniacs running this world. You will not have your world war 3. You will not succeed in your satanic depopulation agenda. My Lord and savior Jesus Christ have seen enough. He has showed me the truth about everything. I know the truth about 911. I know the truth about every major conflict that has occurred for the past 100 years conflicts based on lies! Millions of innocent people murdered based on lies for profit in the stock market. God was crystal clear “You shall not murder, You shall not bear false witness, You shall not steal, You shall not covet your neighbor’s house” etc… Read the scriptures for yourself for the rest of God’s words. Pay no attention to these false elections. All politicians are evil and they have nothing but evil intentions! They all know the truth and continue to cover the truth with more lies to deceive the public at large. To all of you people in the military and in law enforcement. I suggest you put down your guns and walk away from your slave masters or turn your guns towards them. You all know who they are. The ones who destroyed America and burned the Constitution before everyone’s eyes based on more lies! The word of Jesus Christ wrote the constitution not man. No man could ever write such words because all men are inherently evil! You have a choice you can be free and righteous in the eyes of God or you can continue to be a slave to satan. If you continue to kill for him, if you continue to incarcerate and torment the innocent well, in God’s eyes you’re all dead meat! In this life and the after life there’s a special place in hell for those who kill, torment, and incarcerate the innocent all in the name of profit and sport. Many of you will not like the words I speak. I do not care how you feel or what you think. I speak the truth the word of God is always the truth. His thoughts are my thoughts and my words are his! For those of you who speak the truth fear not. The war is won. Victory is in the name of Jesus Christ, the true savior of humanity! This matrix shall soon be destroyed and all maniacs rich and poor shall burn! For those of you who know and speak the truth fear not. Repeat what I say “No weapon against me shall prosper in the name of Jesus Christ my Lord and Savior Amen.
- JEDIAM
Our weapons are not of this world but mighty unto God to the pulling down of strongholds, namely the kingdom of darkness. The demons that inhabit those even in power in the natural world. Jesus certainly allowed for defense. The disciples said they had a couple of swords and he said, that’s enough. But he didn’t want his followers fighting to make him a king. His kingdom is not of this world.
Our nation and indeed world in not biblically compliant. We have had no release pursuant to Deuteronomy 15 that all debts be forgiven each 7 years. If our leaders are afraid, I certainly have no problems telling the Chinese or the Rothschilds or anyone else, you know the Bible is in the public domain. Why did you not believe it? And then to have a process for paying any valid claims. You actually provided the funds to purchase the US Treasuries with non-borrowed funds; we examine your books for the last 100 years to see if any of the funds came from looting of others (e.g. the Tsar kept his deposits in Rothschild banks; Nazi plunder). Sure the US won’t be able to borrow again. But why should they. Just use rented facilities and tell those thinking they’ll get pensions that they need to learn the value of thrift.
Our society also taxes way too much. Joseph only took a fifth of the increase from the Egyptians for Pharaoh and exempted the lands of the priests. So our combined tax rates, Federal, state and local should be no more than 20% of GDP. This was AFTER the Egyptian currency collapsed and the Egyptians sold their lands and themselves to Pharaoh during the famine. It’s right there in Genesis.
We are to live by every word that proceeds out of the mouth of God. We need to pray and cast out the spirit of wastefulness and excess from the President and Congress and as many as possible need to turn to the Lord. It may be too late, and much bigger hammers will fall on this nation. If people don’t turn to the Lord, they and their leaders will be destroyed (also see I Samuel re. installation of Saul).