John Embry – The Charade Is About To End And The Implications For The Public Are Horrifying
KingWorldNews.com
September 20, 2017
As the world awaits the carefully scripted propaganda release from the Federal Reserve about their preposterous plan to reduce their balance sheet, today John Embry told King World News that the charade is about to end and the implications for the public are horrifying.
The Implications Are Horrifying
John Embry: “Eric, at this point the manipulation of all markets has become so blatant and the lying about the economy so intense that one has to wonder what is really going on behind the curtain…
John Embry continues: “One issue that is being discussed with greater frequency, although never mentioned in the mainstream media, is the subject of de-dollarization. Stephen Leeb has done an excellent job on KWN discussing the subject. However, the true ramifications of this for the Western world cannot be understated. The U.S. has benefitted enormously from their privileged position of providing the world’s reserve currency since the Bretton Woods agreement in 1944. The U.S. has abused this privilege terribly, living far beyond its means while flooding the world with increasingly more worthless U.S. dollars.
The Rest Of The World Is Waking Up
But the rest of the world is waking up to this unpleasant reality and taking steps to address it. When the U.S. dollar loses its status as the world’s reserve currency, and that day is rapidly approaching, the implications for the vastly over-indebted bottom 75 percent of the American public are horrifying. At least half the population is already living day-to-day, with a virtual inability to meet an unexpected expenditure and absolutely no retirement savings to speak of.
The Rest…HERE
