PDA

View Full Version : US in economic collapse as China, Russia ‘moving away from using dollar’... VT article



spiritguide
11th December 2013, 00:28
Entire article posted here and a link is at the bottom for those that want to review the comments at VT.

US in economic collapse as China, Russia ‘moving away from using dollar’

… by Linh Dinh … with Press TV

[Editors Note: As I have been predicting, the brain dead obvious outcome of America's liberal use of sanctions and military forward deployment would be to cause those being attacked to circle their wagons.

Where the Western bully machine would have preferred military resistance to play into their strength, their intended victims were not obliging. They are responding on an economic level as that at least gets sleeping American's attention as we are the American elites human shield.

A decline in the dollar, sure it will boost exports, but at what cost? There has been no public debate on the strategy, if you could call it that, despite the huge long range effects it could have on our standard of living.

Countries that have growing economies are now considered 'the enemy' and must be encircled to threaten cutting off their raw materials, etc. This is what Churchill and Roosevelt discussed one evening when Winston took a call from the President. His dinner guests made note of it in their diaries.

They discussed toughening up the US State Dept. response to Japanese moves in Manchuria, to cut off steel and oil imports, etc. They calculated correctly that that would force them into a pre-emptive attack to get them back, which would roll out the red carpet for Americans coming into the war. It worked perfectly.

David Irving showed us the 'blue note' confirming it a few years ago in Atlanta...top secret stuff that was printed on light blue paper to be easily seen if not where it was supposed to me. The transcript of the conversation is still classified and will probably never be released. Welcome to that world as Gordon likes to say.

The Fed has already intervened in the gold markets to bring the price down, and affording a killing for all those in the loop to know they were going to do it. Welcome to that world, too.

It is time folks to demand a public discussion on America's economic war fare strategy. Why was our 'democratic' process cut out of the discussion? How long has it been going on? Who has been interpreting their oaths of office to mean any damn thing they want it to mean? ... Jim W. Dean ]
_______________________________
You can watch Mr. Dinh’s interview here.

http://www.presstv.ir/detail/2013/12/10/339253/china-russia-moving-away-from-dollar/

It’s a war!
The United States is experiencing an “economic collapse” because major powers like China and Russia have decided not to use US dollar in trade, a political analyst says.

“The American economy is just beginning to collapse. China, Russia and many other countries are moving away from using the US dollar in trade,” Linh Dinh said in an interview with Press TV on Tuesday.

“So when the US dollar loses its status as reserve currency, life will get much harder here. But coming months will show how desperate this situation is, so the lies will be even more insulting to people who have to suffer daily in this situation,” he added.

The analyst criticized American news media for not telling the truth about the economic situation.

“The lying media put out news that the so-called recovery is picking up speed. The new lie is that the unemployment rate is down to 7 percent, but this is pure nonsense. In fact, only 47 percent of American adults have full time jobs, and 40 percent of US workers make less than $20,000 a year,” he said.

“Many people make so little, they must rely on food stamps to buy groceries. Many go to church pantries. I know a family of four, with two jobs, who must do this. The father, with a full time job, must also sell blood occasionally,” Linh Dinh explained.

He also compared Americans’ income with their monthly spending.

“Even as the big banks receive bailouts and make record profits, they pay their bank tellers only $12 an hour, before tax, and a minimum wage worker only makes a ridiculous $8 an hour. Some even less. Meanwhile, prices go up, especially for food, rent and gas, but the inflation figure is also a lie,” he said.

He noted that the US government “keeps on lying to deceive foreigners and the rich Americans who buy stocks. If there was a recovery, 47 million Americans wouldn’t be on food stamps, a record high, and 1.2 million American public school children wouldn’t be homeless.”

“There are tent cities in every state now. Within a hundred miles of where I am, there are several tent cities where people live in the freezing cold and defecate into a bucket. Does that sound like life in the so-called greatest country on earth?” he asked.

“Meanwhile, the richest Americans become even richer, and this is all thanks to a government that serves only the richest, while masking over their failures and betrayal of ordinary Americans by lying about it, daily,” he concluded.

Editing: Jim W. Dean

Link to article...

http://www.veteranstoday.com/2013/12/10/us-trade-and-boomerang/

Maybe we can list tent cities so that local assistance can be afforded to the inhabitants.

Peace!

jackovesk
11th December 2013, 00:43
All you need to know is this...

Remember how America collapsed the Soviet Regime & Economy in the Reagan era

Now we have (Exactly) the same scenario in reverse...

However, this time its the Chinese who will collapse the American Regime & Economy...:yes4:

...and I'm sorry to say its already a PTW (Done Deal)...:wizard:

Nanoo Nanoo
11th December 2013, 00:55
As americans you must look at the ways you have been mis represented around the globe. The countless problems and double dealings in the name of collectivist capitalism. All the countries it has betrayed have now converged on you America. And the people are the ones who will suffer. It is inevitable you will feel the return of the swnging pendulum.


I wish you every luck with your future.

N

panopticon
11th December 2013, 01:13
All you need to know is this...

Remember how America collapsed the Soviet Regime & Economy in the Reagan era

Now we have (Exactly) the same scenario in reverse...

However, this time its the Chinese who will collapse the American Regime & Economy...:yes4:

...and I'm sorry to say its already a PTW (Done Deal)...:wizard:

I agree Jacko.

You just try and find a reference anywhere on this that is from a "reliable" source.

The promises made by Reagan to Gorbachev of assistance in the transitional period are virtually non-existent now.

-- Pan

mosquito
11th December 2013, 01:40
Please Americans, realise that all that's happened is this ....

Sovereign nation 'A' and sovereign nation 'B' have agreed to trade with one another using their own currencies, rather than the imposed currency of sovereign nation (???) 'C".

That's all. Neither China nor Russia is directly attacking the USA, but that's how the media is painting it, playing to the collective paranoia. As Nanoo says .....


As americans you must look at the ways you have been mis represented around the globe. The countless problems and double dealings in the name of collectivist capitalism. All the countries it has betrayed have now converged on you America. And the people are the ones who will suffer. It is inevitable you will feel the return of the swnging pendulum.


I wish you every luck with your future.

N

... you, the people have been misrepresented and lied to at every stage of the game. The solution IS NOT to attack whichever outside enemy you're being told to hate, but to see who the real enemy of the people is. Realize that the differences between you and the 'outsiders' are comparatively small and irrelevant, and the American people can turn their country into what it claims to be and continue contributing to human development, but this time with a level playing field.

I also wish you luck, you have tough times ahead.

meeradas
11th December 2013, 01:57
I also wish you luck, you have tough times ahead.

Seconded. Expanding "luck" with "strength and valor".
And: If the US citizens have tough times ahead, we all face the same, if they don't practise the above.
Im counting on you.

GoodETxSG
11th December 2013, 03:00
BIS, FRB vs BRICS and Asian syndicates... Our Three Branches of Government running rouge and our Military in disarray because of what many of them are calling the "Nazi Coup" at the Pentagon... Government Agencies falling apart with corruption and dozens of Scandals being investigated and covered up every week... What a list!!!

We have a lot to overcome. Waking up and coming together is a great first step. I think if we can put our differences aside we can then tie up these rats and toss them overboard once and for all. Thanks for the Post.

GreenGuy
11th December 2013, 03:55
A lot of people are saying that Obama's agenda is the destruction of the US. They said the same about Bush. After giving it a lot of thought I've decided to disagree. I don't think that's specifically their agenda. What I do think is that we've allowed a sociopathic, conscienceless class of people to infiltrate every corner of our business and government institutions. I know local department managers at corporate retailers who are 100% as clueless and corrupt as our legislators. My neighbor watched my house being robbed and did and said nothing. It's the logical result of our materialistic, self-centered culture. We're getting what we brought on ourselves, and we deserve it.

Can we turn it around? I surely hope so.

Mulder
11th December 2013, 08:12
This "collapse" has been happening since before 2008 - I'm shocked it's taken this long to play out as I thought it should have happened years ago. However, I'm glad we've had all this extra time to prepare, and those who've wasted this time will regret it one day.

Zanshin
11th December 2013, 13:49
A fair number of people languish in these tent cities whilst their homes lie empty - claimed by the banks,
and to rub salt into the wound, on the market for a measly few thousand dollars.

What if the human chain thread involved people writing notices expressing their will in great sweeping links across the countries
and on throughout the world?

GreenGuy
14th December 2013, 16:50
What if the human chain thread involved people writing notices expressing their will in great sweeping links across the countries
and on throughout the world?

Spell it out...how do you think it could happen?