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JIM WILLIE: We Will Quickly see a Lot of BANKS GOING DOWN in the NEXT YEAR!

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“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. 


 ”I think we will quickly see a lot of banks going down in the next year, the dollar is going to be defaulted upon and replaced .”

You’re going to have a really good signal, PLAIN AS DAY, for when we’re in the end game.
We’re in the end game. The dollar will rise, and rise some more, and will do so right before it dies or collapses.

 

 

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. 

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…Read the rest of the story here….

 

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