Ron Paul Warns of Dollar Collapse 100% In 28 May 2016 – China And Russia Are Preparing For A Bankrupt US Financial System
Ron Paul Warns of Dollar Collapse 100% In 28 May 2016 – China And Russia Are Preparing For A Bankrupt US Financial System
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U.S. National Debt
When the government spends more than it collects, the result is additional debt. From the signing of the Declaration of Independence in 1776 until 2008, the U.S. accumulated slightly over $10 trillion in federal debt. In the past seven years, the debt has nearly doubled to more than $18 trillion. By the year 2019, it is projected to exceed $20.3 trillion. When interest rates rise, the impact will be felt by the federal government as well as everyday Americans. First, it will increase the government’s cost of borrowing, which will cause the debt to rise even faster. It’s entirely possible that even a modest rise in interest rates could cause the debt to spiral out of control.
Facebook’s Diabolical New Initiative Is Causing Mass Exodus—1000s Shut Down As They Discover…
This is because Washington is heavily dependent on borrowing to operate. Next, it will be much more difficult to expand or even maintain the welfare state. This fact alone will lead to mass riots as individuals who are dependent on a government check will take to the streets in protest. Also, the U.S. would have a more difficult time funding its presence (i.e. military bases) around the world. This would lead to a less stable socio-political environment and an uptick in radical behavior. Plus, a shortage in government revenue could result in a rather large tax increase and the eventual demise of the middle class. Finally, and as we’ve already seen, the federal government may decide to target 401ks and IRAs as a source of additional revenue. This could take the form of a tax or fee of some sort. Mr. Paul also mentioned the possibility of a tax on regular savings and other assets. If the government finds itself in a tight situation, as we’ve witnessed in the recent past, the potential intrusion could be severe.
Is the U.S. Losing its Stature?
In the post WWII era, the U.S. dollar has been the global reserve currency. Prior to that, the British Pound filled this role. Recently, China has increased its trading with Germany, India, and others, excluding the dollar as the reserve currency. It seems the world is slowly transitioning away from the dollar. If this continues, the U.S. could lose its position as the world’s reserve currency. This would have numerous ramifications. A discussion on that is beyond the scope of this article. Mr. Paul also stated that 10 countries have already signed a document to begin phasing out the dollar as the basis of trade. Even the IMF has proposed a new world reserve currency system. The days of the U.S. dollar as the world’s reserve currency may well be numbered.
RELATED : How To Prepare Yourself Before Dollar Collapses
Some argue that the U.S. economy is on the mends and the stock market is near record highs. Therefore, things can’t be all that bad. While there is truth in this, according to Paul, stocks have risen due to Fed policy and political leaders. He also stated that printing money has never solved this type of problem….ever! He cited Germany, Russia, Argentina, Brazil, Chile, Japan, China, Ukraine, Italy, Ireland, Portugal, and Spain as examples of countries that had similar problems to the U.S. and yet none of them was able to use the printing press to escape their problem.
Will the U.S. follow the path suggested by former Congressman, Ron Paul?
Facebook’s Diabolical New Initiative Is Causing Mass Exodus—1000s Shut Down As They Discover…
Video : Economy News TV
The tech sectors is now getting hit with layoffs. The Dallas Fed survey is at a 6 year low and crashing. Manufacturing in a decline which is signalling a major depression coming soon. The East know the West is now bankrupt and they are preparing and waiting patiently for it to be complete. Norway’s biggest bank is now pushing a cashless society. The house of Saud will most likely contribute to the collapse of the global economy.
RELATED : Look What Will Happen After The Dollar Collapse
Video : X22Report
Economic Collapse Warning USA Crisis 2016 Financial Dollar Crash Coming!
Facebook’s Diabolical New Initiative Is Causing Mass Exodus—1000s Shut Down As They Discover…
SOURCE : http://www.prepperfortress.com/ron-paul-warns-dollar-collapse-100-28-may-2016/
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Whistler Blowers, Insiders
Why May 28th? What significance does that date have with the Jew mind?
Nothing significance of the exact date, the trend of the essence.
The time could be tomorrow, 1 month, 6 months.
What is certain for the year 2016
Lets see you predicted Jan FEB MAR APRIL NOW MAY…THEN IT WILL BE JUNE JULY AUG SEPT THEN OCT NOV DEC AND WELL IT COULD HAPPEN IN 2017 sometime in JAN FEB MAR maybe APR but most certainly in MAY JUNE OR JULY…CLOWNS LIKE YOU ARE A DIME A DOZEN AND FOUND ON BIN WEBSITE. STOP with the predictions…after you miss your first one you are a false Prophet.
http://www.silverdoctors.com/headlines/world-news/trend-forecaster-gerald-celente-warns-prepare-for-the-panic-of-2016-history-will-remember-this/#more-64432
this month’s SIXTY day warming of impending doom. there’ll be another SIXTY day warning next month.
I call BULL SHI……………………………………..
There are indicators that suggest a major stock market crash is imminent. THAT I know. Could happen tomorrow. Could also just generally trend downward without any major crashes, just more down days than up. Every crash is different, but this one will be big regardless of its exact shape. We’re coming off the top of a very large bubble. Have a look at this chart: https://traderschoice.net/images/4c2f4ccec40218e5a47f5bb138b297b4.png
all of the war and millions dead in the Mid-East are the result of a US/NATO policy to destroy countries who had the NERVE to trade oil in non US FED jew-dollars. see, the goal of the USA, Israel and other evil countries is to enslave the entire world to the FED jew-dollar so that they can bully sovereign nations with sanctions and continue with reckless deficit spending by diluting the US debt throughout the world in preparation for a one-world, multicultural government economically enslaved to the bankster jews at the FED (a private bank). The FED is supporting Israel with unaccounted trillions of dollars which is one BIG reason they do not want to be audited. if the dollar is dumped, Israel faces an uncertain future because they have no GDP and this is key. the FED financial charade can only continue as long as the world keeps accepting The Dollar. you can pretty much guess which countries have eschewed The Dollar; Iran, Iraq, Syria, Libya, Russia, China, Argentina, among others… all of which have been vilified and or attacked by FED countries ie “NATO”. the stakes are so high for Israel, jews played a BIG part in bringing down the World Trade Towers, torture-murdering 3000 americans on 9/11 to get the US army into the Mid-East to destroy the economic enemies of Israel but now all of that “effort” is in jeopardy since Syria asked Russia to help them defeat NATO terrorists hell-bent on toppling Assad, a financial and military foe of Israel. if you have doubts about who attacked the USA on 9/11, just go to youtube and watch: THE TRILLION DOLLAR CONSPIRACY, then you will understand that the “evil doers” have yet to be brought to justice.
I guess 100% is not always 100%