The dollar will get “utterly destroyed” and become “virtually worthless”, said Damon Vickers, chief investment officer of Nine Points Capital Partners. Due to the huge wage disparities between the United States and emerging markets like China, Vickers said that may resolve itself in some type of a global currency crisis.
“If the global currency crisis unfolds, then inevitably you get an alignment of a global world government. A new global currency and a new world order, so we may be moving towards that,” he said.
If I offered to give you $1.00 for very 90 cents you gave me in return, you would buy as many dollars from me as you could. The Federal Reserve operates the same way. It generates market activity by creating incentives for borrowing. Borrowing leads to speculation, and speculation leads to steadily rising asset prices. This is how the game is played. The Fed is not an unbiased observer of free market activity. The Fed DRIVES the market. It fuels speculation and controls behavior by fixing interest rates.
When Lehman Bros flopped last year, markets went into free fall. A sharp correction turned into a full-blown panic. The bubble burst and trillions of dollars in credit vanished in a flash. Trading in exotic debt-instruments stopped overnight. A global sell-off ensued. Markets crashed. For a while, it looked like the whole system might collapse.
The Federal Reserve’s emergency intervention pulled the system back from the brink, but the economy is still wracked with deflation. Billions in toxic waste now clog the Fed’s balance sheet. The dollar has fallen like a stone!
When the financial system blows up and credit is sucked down a capital-hole, the economy goes into a downward spiral. Businesses cut-back on inventory and lay off workers, workers have to cut back on spending and credit. That creates less demand for products, which leads to MORE lay offs. This is a vicious cycle!
Positive growth is an illusion created by government spending. The economy is still flat on its back. Consumer spending and credit are in sharp decline. Unemployment is steadily rising and wages are flat-lining with a chance of falling for the first time in 30 years. The talk of a “jobless recovery” is misleading; Jobs ARE recovery!
If this forecast holds true, and a major portion of American states file bankruptcy, there will be widespread panic, our state funded services and programs will be closed down immediately, and confusion will spread amongst political leadership and the citizenry.
Not long after the states file bankruptcy, we could see martial law declared by the President of the United States, as a means to bring order and peace. Those who are not willing to comply with the mandates of the martial law will be hauled off to FEMA camps and military bases throughout the United States.
After the military takeover, the general population will be given a chance to either accept the totalitarian status qou or face criminal charges (possible imprisonment). These NWO elite very much believe that the intelligent, or “enlightened” were born to rule. They are arrogant, and consider the general population as “dumb sheep” who will be easily led if offered strong leadership, financial help in an unstable world economy, and dire consequences if the person rebels. Their utter ruthlessness and ability to implement this inhumane agenda should not be taken lightly.
The illuminati banking leaders, such as the Rothschilds, the Vanderbilts, the Rockefellers, the Carnegies, and the Mellons, as examples, will reveal themselves as saviors of the floundering world economy. A new system of monetary exchange, based on an international monetary system, and based in Brussels, Belgium, will be set up. Finally, their “one world economy”, creating the longed for “one world order”, will become reality…unless we strive to stop it..!
