Banks Are Beginning to Prepare For Nuclear Winter (Interview)
BY VOICE OF REASON
THELASTGREATSTAND.COM
THURSDAY, SEPTEMBER 1ST, 2016
As per tradition here at TFMR, our pal Jim Willie stopped by to celebrate the 3-day holiday weekend of Labor Day in the U.S. You should be sure to carve out some time to give this audio a thorough listen. For this particular interview, Jim was rather than ask a bunch of questions, Jim was some general topics, and was free to ride a stream of consciousness to wherever his big brain leads him.
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For a point of contrast, Michael Snyder’s article below about Canada’s financial bubbles currently in search of pins works perfectly. In the article, he says CNBC is already reporting that banks over in Europe are “preparing for an economic nuclear winter situation.” So precisely what would an “economic nuclear winter” look like? It’s safe to say we don’t want to know, but we’re not far off! During the interview, the only question Jim was asked was, “Right now, the Fed is desperately trying to make it appear as if everything is doing ok, nothing is happening without their say so, and that they (the Fed) have total control the markets, but what’s really going on?”
Never one to disappoint, Dr. Willie shouts:
“Let me be very plain. I don’t pay any heed. I don’t pay any attention. I don’t give a crap about what the Fed says, nor do I give a crap about the non-farm jobs payroll report. I pay no attention to them. Furthermore, by that, I miss NOTHING!”
In the first stage of the interview, Dr. Willie explains how the Fed is in a terrible no-win position. To attract more people into Treasuries, the Fed simply has to raise rates, however they can’t raise rates without the economy imploding, and taking the Dollar with it. Anyone studying the Dollar knows that time is time is running out, however in the following interview you get as close to a date as you’re likely to get for when to expect collapse…
Without going into too much detail, so you can hear for yourself, you’ll learn that China announced privately in March that it was coming out with a gold backed yuan, and that news was met with threats of war from the Unites States. Not that long ago, only in November, the U.S. signaled it would be willing to go to nuclear war with Russia and/or China over U.S. Dollar supremacy, which you might remember best by our best Kim Jong-un impersonation (North Korea) when the U.S. began launching Trident II Nuclear Missiles (actual picture shown below) off the coast of California in a show of force.
The Rest…HERE
