Dr. Willie: Economic System is Collapsing Right Now; Us Dollar in a “Short Squeeze”
BY VOICE OF REASON
THELASTGREATSTAND.COM
SATURDAY, APRIL 23RD, 2016
In the following interview, Dr. Jim Willie joins Dan Schultz where he begins by saying, the “quickening has hit a new gear and has just turned crazy…” Of course, Dr. Willie is referring to the demise of the U.S. Dollar.
The first question Dan Schultz asks is, “We know it’s a fake phony economy, but why can’t they do this forever? Since it’s not a “real economy” or “real capitalism,” why can’t they just pull something else out of the hat?”
To that, Dr. Willie Answers, “The whole system is breaking down. Soon there won’t be any patches that keep the system going.” If the money we were printing was only supporting our debt based system, where we mistakenly call debt wealth, perhaps they could just keep printing money.
The problem is, when it comes to the rest of the world, we’re undermining the rest of the world’s economies, and they’re sick of it. Putin recently referred to the U.S. and the parasite, or the leach of the world.
The reason this practice of continuously printing money cannot continue, is because it’s creating systemic breakdowns and market seizures. It takes a really big effort from the government to hide that treasury markets are failing, and that there’s a margin call on the Petrodollar. That’s why the U.S. Dollar is now a matter of national security being monitored not by the treasury, but by a top secret Department of Defense Fund known as the Exchange Stabilization Fund.
Right now, all derivative contracts with oil are tied to the U.S. Dollar, which has a lot to do with why the U.S. is seeking to eliminate the Saudi Regime, a regime that has been plotting against the U.S. for quite some time. Since they also happen to hold about $5 Trillion of our debt, by eliminating the Saudi’s, or by putting them in check, the U.S. seeks to expunge that $5 Trillion in debt.
The Rest…HERE
