Bix Weir: Another 2008 Around the Corner, War with Russia-China to Protect US Dollar, Ferguson Police Action

Wednesday, August 20, 2014
By Paul Martin

By Greg Hunter
USAWatchdog.com
08/20/2014

Financial writer and analyst Bix Weir says what is going on in Ferguson, Missouri, is more than just a police action gone deadly. Weir says, “There is definitely discontent out there. The press covers so many things up, and the government gives us so many lies on statistics, such as unemployment, about GDP, and you name it, they lie about it. There is so much bubbling up under the surface, and I do think this is the beginning of something much bigger. . . .I see another 2008 coming right around the corner. . . . The majority of Americans are not doing well. . . .The 99% are saying something is wrong here. Something is off, and as soon as there is another hiccup with the economy, with more bank fraud, you are going to see a big uprising throughout the United States.”

So, where does Weir think we are in this downward spiral? Weir contends, “There are a hundred things right now that could tip us over a cliff. One of the big ones is the U.S. dollar. You got China, Russia, the BRICS countries are basically abandoning the U.S. dollar. They are starting to trade oil in other currencies. Oil is the largest commodity traded on earth in terms of dollar volume. That’s why the U.S. requires the world to buy and sell oil in U.S. dollars because all those dollars need a place to go. It’s the petrodollar, as they call it, and people are backing off of that. That’s why we went after Saddam Hussein. He was going to sell oil in something other than the U.S. dollar and we invaded. It’s all about protecting the un- backed fiat currency. It’s all about rigging the markets and keeping that dollar safe. As soon as Russia and China start following through with these deals already announced and trading oil for other things, you are going to start seeing the collapse of the dollar which will trigger the derivative bomb.”

So, do we have war with Russia and China to protect the U.S. dollar? Weir says, “That’s usually what happens. As soon as the economy starts to wobble, the bankers see no way out, and they’ll start a war. . . . They are pushing for war because it has always been their get-out-of-jail free card.”

On the coming financial crash, Weir says, “The crash will start in the derivative market. The derivative market is a multi-quadrillion dollar market. It is so big it is beyond comprehension. The banks that play in derivatives are the large holders of everybody’s money. The banks that play in this market have been charged with controlling the system for all these years. When this derivative thing melts down, just like 2008, we were a half an hour from all banks shutting down because they are all inter-related. . . . It has to do with the snowball effect that they are trying to hold off. So, yes I do think we are looking at global crash of the monetary system. What day it will happen, I don’t know, but it already started in 2008. . . . I think they are going to let them crash next time.”

How long can they keep this game going? Weir contends, “It’s almost exactly like the “Wizard of Oz” and the little man behind the curtain. He’s sitting in the basement of the U.S. Treasury and New York Fed orchestrating all these players to do what they are supposed to do. They get all the banks to rig every market to make sure the system stays together. It’s hit a point now that it’s so big and so unwieldy that they want it to crash so we can move on to something else.” Weir goes on to say, “There are two groups that want it to crash. The bankers, because they know they are in trouble because of so many misdeeds. They want it to crash so they can say who could have helped this. The whole world crashed, it wasn’t our fault. Then, there are people in the United States that would love the system to crash because when the system crashes and the dollar crashes, all debt goes away. All electronic debt and all mortgage debt will be wiped out because these bankers will be bankrupt. All debt will be gone because that is the biggest problem right now. . . . If all the debt is gone, then all the electronic assets will be gone too because the debt is somebody’s asset, and it is usually the bankers that claim that. This whole system will shut down. They have been ready to go back to some sort of gold backed system. This will be the biggest thing to happen in human history.”

Join Greg Hunter as he goes One-on-One with Bix Weir of RoadToRoota.com.

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