Feeds:
Posts
Comments

Posts Tagged ‘us dollar collapse’

This is the second thread to watch along with the petrodollar system unraveling.   Prophecy has foretold that during the last days, when the Antichrist rises, there will be one world government, which he will assume control of.  One of the key hurdles that still remains is the US as a sole superpower.  We are seeing that break down now, and the collapse of the US dollar will be a major part.  Are you ready for Inflation, Hyper-inflation, and a collapse?

_________________________________________________________________

S&P, Moody’s Warn On U.S. Credit Rating

With attention focused on sovereign-debt worries in Europe, two major credit-rating firms reminded investors again that the U.S. has debt problems of its own.

[RATINGS]

Investors bought Treasury debt nonetheless, ignoring the comments, which echoed prior statements by the companies and may still be months or years away from having any practical meaning.

“The warning on the U.S. rating is well-founded,” said Brian Yelvington, chief fixed-income strategist at Knight Capital. “However, it will probably fall on deaf ears until the peripheral Europe story plays out.”

Moody’s Investors Service said in a report on Thursday that the U.S. will need to reverse the expansion of its debt if it hopes to keep its “Aaa” rating.

“We have become increasingly clear about the fact that if there are not offsetting measures to reverse the deterioration in negative fundamentals in the U.S., the likelihood of a negative outlook over the next two years will increase,” Sarah Carlson, senior analyst at Moody’s, said.

(more…)

Read Full Post »

This is a great summary of what we are looking at in the near future (next year or two).  The first domino has dropped when Russia and China agreed last month to trade oil in their own currencies.  We are beginning to see it unwind…

Sidestepping the U.S. Dollar, a Russian Exchange Will Swap Rubles and Renminbi

_________________________________________________________________

_________________________________________________________________

Click on the article title for a link to full original referenced article.

Read Full Post »

Uhh, I think some thing big (and bad) happened in September 2008.

We changed course.  Was that the change you hoped for?

That is an awful lot of printing…

_________________________________________________________________

Thanks to Zero Hedge for the chart:

Federal Reserve Balance Sheet Update: Week Of January 13, $1.070 Trillion In UST Holdings

_________________________________________________________________

Click on the article title for a link to full original referenced article.

Read Full Post »

Amazing article and video, MUST SEE!!!

It not only illustrates how the world is moving away from the dollar as the major currency, but what state the world finds itself in and how the US role has been written off.  To quote the final guess, the US is “done”.

It is huge for the US to be the reserve currency, it helps drive demand for countries and people to keep our currency.  If that would ever stop, then you would see our dollars value tank as people/countries drop our dollar.  The dollar value tanking means inflation and hyper-inflation.

We are on that path, it is just a matter of how fast do we get there…

_________________________________________________________________

Putin proposes EU become reserve currency

Russia and Germany should dramatically increase their economic co-operation. That’s the message from Russian Prime Minister Vladimir Putin to some of Germany’s top industrialists at a business forum in Berlin.

_________________________________________________________________

Click on the article title for a link to full original referenced article.

Read Full Post »

This is the root of where we went wrong back in the 1930’s.  We strayed significantly from the constitution and we are paying dearly for it now…  They are destroying our currency, and our countries sovereignty along with it…

_________________________________________________________________

Is the Fed’s Debt-Buying Unconstitutional?

Is the Federal Reserve violating the U.S. Constitution’s separation of powers in its new purchases of $600 billion worth of U.S. Treasuries? Is the Fed engaging in an unconstitutional monetization of the   U.S. Congress’ out of control spending spree that is really a bridge loan to fiscal insanity?

At minimum, should the Fed be avoiding these purchases until the fiscally debauched U.S. Congress, packed to the ceiling with fiscal dipsomaniacs, follows Great Britain’s lead in its fiscal abstinence that may “out Thatcher” even Margaret Thatcher?

Isn’t the problem fiscal incontinence and regulatory misfeasance, and business uncertainty about all of that, which is creating joblessness? Not a lack of liquidity and not deflation, which is not a clear and present danger, as instead inflation is still with us?

And isn’t the Fed dangerously habituating the stock, bond and commodities markets to a “new normal” of constant quantitative easing?

Open Revolt

Germany, China, Russia and Brazil are attacking the Fed’s move. President Barack Obama is now defending the Fed in his (more…)

Read Full Post »

We should all start preparing for inflation, immediately.  Buy stored food, I have a link on the right side bar, and store some water.  Any big purchases are necessary in the next year, you should consider now.  Anything made with petroleum especially, which is just about everything…

_________________________________________________________________

Dollar at Risk of Crashing, Triggering Inflation: Strategist

Federal Reserve policies have put the US dollar the risk of crashing, which will hammer consumers through higher prices, strategist Axel Merk told CNBC.

(more…)

Read Full Post »

China will be key to how this all ends…

_________________________________________________________________

U.S. dollar printing is huge risk -China c.bank adviser

Nov 4 (Reuters) – Unbridled printing of dollars is the biggest risk to the global economy, an adviser to the Chinese central bank said in comments published on Thursday, a day after the Federal Reserve unveiled a new round of monetary easing.

China must set up a firewall via currency policy and capital controls to cushion itself from external shocks, Xia Bin said in a commentary piece in the Financial News, a Chinese-language newspaper managed by the central bank.

“As long as the world exercises no restraint in issuing global currencies such as the dollar — and this is not easy — then the occurrence of another crisis is inevitable, as quite a few wise Westerners lament,” he said.

(more…)

Read Full Post »

Older Posts »