Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

April 09, 2013

Bye American Pie

Since the 1950s, at least, the U.S. has played bully to the world economy.  We shoved the dollar down everyone's throat, then would, a Democratic Party trick, cause inflation which stole money from our
trade partners who were owed dollars.

This arrogance came from a sound dollar, basically, and a predominant trade environment.  Both are gone now. The world knows we are setting them up to take the fall as our dollar will be rapidly devalued soon.

The evil ones probably made a mistake holding us in abeyance for so long by printing money, which, of course, further reduced the value of the dollar.

For years there has been talk of a new reserve world currency.  The BRICs have met just to talk about this. There are several concepts.  In the meantime, countries are leaving the sinking dollar.  Australia and China just announced they will trade directly, without U.S. bankers tasting any funds conversion. This is very  big, actually, as they are actively involved in trading.

If countries do not need dollars, then they will not buy them or use them. These days, the biggest buyer of dollar instruments is the U.S. Treasury.  They borrow money from the Federal Reserve in order to buy instruments to hold up the dollar.  Sounds crazy, no?  We must just not be smart enough to understand the value of a good Ponzi scheme.

Here are some other recent changes:

"World's Second (China) And Third Largest (Japan) Economies To Bypass Dollar, Engage In Direct Currency Trade", "

China, Russia Drop Dollar In Bilateral Trade", 

"China And Iran To Bypass Dollar, Plan Oil Barter System", 

"India and Japan sign new $15bn currency swap agreement", 

"Iran, Russia Replace Dollar With Rial, Ruble in Trade, Fars Says", 

India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees", 

and "The USD Trap Is Closing: Dollar Exclusion Zone Crosses The Pacific As Brazil Signs China Currency Swap."


As I have noted, our days in the sun are over thanks to politicians and banksters. Not much you can do about it, now. Maybe it is a good thing, if it shrinks the rulers.

If you don't know what all this means, it means get the hell our of the dollar, now.  Silver is cheap these days.  Only the dim are not adjusting to the coming disaster.  We are actually going to see social Darwinism overwhelm happy talk.

And, yes, I have been saying for years, our collapse has been planned. Those who actually tell Obama what to do have not let up as we are told we need to print more funny paper. The real rulers want to break us and create a slave state, done, the socialists think they are using the oligarch in order to crash our individualist society.  They are doing well.

Good luck.  My guess is the pretense of socialism will be maintained to placate the dumbed-down masses.

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