Dr. Jim Willie: With Collapse of US Dollar, Western Banks, Bonds, and Other Currencies Go Too

Tuesday, March 15, 2016
By Paul Martin

BY VOICE OF REASON
THELASTGREATSTAND.COM
TUESDAY, MARCH 15TH, 2016

In the following video, Dr. Jim Willie joins USA Watchdog for a discussion on an imminent systemic breakdown of global financial systems and the coming global currency resent. Not surprisingly, the conversation begins centered around the inevitable loss of the US Dollar as the World Reserve Currency. As I’ve been explaining for two years now, losing the Reserve Status is a process. It’s not like the world takes a vote one day to replace us and as long as we can stave off that vote, we’ll be ok.

The reality is that the US Dollar has been getting phased out as the World Reserve for years, and I’ve covered precisely what that means for us. Few Americans alive today have any comprehension of what that is going to do to our county, because for the entirety of the lives of almost all Americans, the US Dollar has always been the Global Reserve. Peter Schiff, a brilliant economist and one of the only people to accurately predict the 2008 crash to the tee in his 2006 book Crashproof has accurately said, The US Dollar Collapse Will Be the Single Biggest Event In Human History. That’s when it’s every man for himself, and the U.S. looks like a Mad Max movie!

The Rest…HERE

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