SCROLL DOWN FOR VIDEOS AND NEWS LINKS: Well we shouldn’t be surprise that China is making a power grab to flex its muscles on the US Dollar. It owns almost half our debt and slowly is dumping them into the market. China has signed a deal with other nations on international currency agreement’s that will result in less U.S. dollars being used in international trade. This is an Economic War being conducted by China that will be an engineered Crisis to destroy our mighty dollar and the fabric of Americas Economy. The Elites are moving their chess piece in a terrifying END GAME to bring about an “increasingly fascist control of the economy and the populations of the various Western nations.” This is what the whole game is about to control the world and the masses for their will and rule. The Market has become a market puppet and there are entities who control those strings will dangling us over the cliff of a coming Global Depression.
KING WORLD NEWS: Today a former member of Goldman Sachs spoke with King World News about the elites’ horrifying “sabotage of Western civilization.” William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also warned that what is coming is a terrifying and “increasingly fascist control of the economy and the populations of the various Western nations.” Below is what the outspoken Hong Kong fund manager had to say.
Eric King: “Bill, what I am hearing from you is that the West is destroying itself. The elites may be positioning themselves to profit from this collapse, but they are destroying the West in the process.”
Kaye: “That certainly appears to be the case. A lot of these policies don’t make any sense. We’ve typically focused in these discussions on monetary policy, but there is a lot more that could be brought into this discussion if we want to talk about the sabotage of Western civilization READ MORE: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/2/20_The_Elites_Horrifying_Sabotage_Of_Western_Civilization.html
THE ECONOMIC COLLAPSE BLOG: In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates. Of course the number one foreign nation that we depend on to participate in our system is China. China accounts for more global trade than anyone else on the planet (including the United States), and most of that trade is conducted in U.S. dollars. This keeps demand for our dollars very high, and it ensures that we can import massive quantities of goods from overseas at very low cost READ MORE: http://theeconomiccollapseblog.com/archives/china-starts-to-make-a-power-move-against-the-u-s-dollar
ZERO HEDGE: The following exchange between then-Kansas Fed president (and current FDIC director) Thomas Hoenig and the Chairsatan, uttered during the historic Sept 16, 2008 FOMC meeting, is of particular importance for four reasons: 1) it appears to be the first instance in the Fed records, where the phrase “too big to fail” is memorialized; 2) it highlights something that has become all too clear by now: in giving to a culture of moral hazard, the Fed is now being openly “played” by the market (read the big banks); 3) it confirms that the Fed has learned zero lessons from the crisis and 4) the thinking behind the “Bernanke (global) Put” is laid out for all to see READ MORE: http://www.zerohedge.com/news/2014-02-21/moment-when-fed-admits-it-has-become-markets-muppet
CHINA FLEXES ITS MUSCLE ON US DOLLAR
COMMENTARY ON CHINA US DOLLAR
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