Final Trumpet
April 22nd, 2008, 12:52 PM
Imagine being sent forward in time from 1968 to 2008. Instead of gas costing 25 cents a gallon, it's over $3.00. A decent home, intead of costing $15,000, costs $250,000 or more. Imagine your shock that the average American family owes $9000 on their credit cards. Imagine entering a society where less than 2% of the cars on the road are owned by those that drive them, and less than 1% of the homes are owned by the people who live in them. Welcome to the debt based slave state of America in 2008. It is all symbolic of how the globalists have America right where they want it, and are eager to finish it off. As the dollar continues losing strength, what will this mean to the world? Many will be deceived into believing that the economy is recovering; and then they will suddenly wake up to find their money worthless. As with the Argentina currency collapse a few years ago, so will the American dollar collapse likewise. However, the collapse of the US dollar is going to have much greater impact on the global economy and international political landscape than the collapse of the Argentinean peso ever did. The collapse of the dollar will reduce America to third world status, and it's people to a chaos they are woefully unprepared to face. It will be a period of tremendous hardship and economic deprivation. It will be a time of great tribulation.
With our money being worthless, there will no longer be the ability to import fossil fuels. The gas lines of the 70's will seem like a pleasant dream compared to what this would be like. Also, this will have a devastating effect upon the agriculture and transportation sectors. The transportation system will not be able to distribute food without gas or diesel. Industry will largely grind to a halt. No longer will the economy be able to function. It will be the end of the American global empire. As with the fall of the Roman Empire, America would be forced out of economic necessity to close its military bases around the world. There would be no money for government services, education, pensions, health care, security, etc. Society would quickly slip into lawless anarchy. The Homeland Security people would have their hands full, to say the least.
Yet even as the dollar slides downwards towards collapse, many refuse to believe that it is possible for something like this to happen today. After all, we live in an age when Governments and their Reserve Banks can support the value of currencies through intervention right? Various economists, speaking on behalf of the Federal Reserve, make soothing noises that there is nothing to worry about the dollar falling. They claim that this is going to assist American exporters, ignoring that the costs of imports will rise even more; and that the trade and current account deficits will continue to deteriorate. Some claim that while there have been collapses in the past surely this would not happen today. Sadly, the reality is that not only could this happen today, but it will happen much faster than at anytime in history. Modern communications enable billions of dollars can be switched from one currency to another at a click of a mouse today, when in the past it took weeks for speculators to switch from one currency to another. Never has been a time when currencies have been more vulnerable for speculation on their values.
Full Article (http://www.geocities.com/northstarzone/EURO.html)
With our money being worthless, there will no longer be the ability to import fossil fuels. The gas lines of the 70's will seem like a pleasant dream compared to what this would be like. Also, this will have a devastating effect upon the agriculture and transportation sectors. The transportation system will not be able to distribute food without gas or diesel. Industry will largely grind to a halt. No longer will the economy be able to function. It will be the end of the American global empire. As with the fall of the Roman Empire, America would be forced out of economic necessity to close its military bases around the world. There would be no money for government services, education, pensions, health care, security, etc. Society would quickly slip into lawless anarchy. The Homeland Security people would have their hands full, to say the least.
Yet even as the dollar slides downwards towards collapse, many refuse to believe that it is possible for something like this to happen today. After all, we live in an age when Governments and their Reserve Banks can support the value of currencies through intervention right? Various economists, speaking on behalf of the Federal Reserve, make soothing noises that there is nothing to worry about the dollar falling. They claim that this is going to assist American exporters, ignoring that the costs of imports will rise even more; and that the trade and current account deficits will continue to deteriorate. Some claim that while there have been collapses in the past surely this would not happen today. Sadly, the reality is that not only could this happen today, but it will happen much faster than at anytime in history. Modern communications enable billions of dollars can be switched from one currency to another at a click of a mouse today, when in the past it took weeks for speculators to switch from one currency to another. Never has been a time when currencies have been more vulnerable for speculation on their values.
Full Article (http://www.geocities.com/northstarzone/EURO.html)