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Is The US Military Preparing For The Collapse Of The Dollar?
It almost happened in 2008... but as this excerpt from Casey Research's Meltdown America documentary notes, it appears the US military is preparing for the potential collapse of the US dollar. As Scott Taylor warns, "...if the carrot (of credit worthiness) is fading, and the stick (of military threat) is weak, that empire is going to come down in a hurry..." which leaves a serial economic mis-manager only one option to 'secure' the empire.
To see what the consequences of economic mismanagement can be, and how stealthily disaster can creep up on you, watch the 30-minute documentary, Meltdown America. Witness the harrowing tales of three ordinary people who lived through a crisis, and how their experiences warn of the turmoil that could soon reach the US. Click here to watch it now.
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Casey Research should keep in mind that the USD collapse would send the Euro, Yen, GBP, CDN, SEK and CHF to the moon.
http://bullandbearmash.com/about/usd/
The USD index current sits near 80. The 2008 Low was 71.33. That's a long way to go. The Euro, well off its highs, is looking pretty bearish.
Who cares...
All G fiat currencies are managed within a range (manipulated) by the Keynesian cartel.
You know, it's amazing how many people are waiting and WANTING for the US economy to collapse and be done with suddenly. I think something very different will happen: an extremely slow and painful decline over a long period of time.
I concur.
Waiting maybe, but wanting? I don't think so. Most on this site seem to be more pragmatic rather than suicidal.
We have historic examples of both a quick collapse (many) and a long gradual collapse (British Empire). Absent big bank leveraged derivatives, I would go with long and slow -- but when the big banks eventually guess wrong they are going to start a chain of defaults that will take out retirement and savings accounts and start global bank runs. The speed will be amazing, so you are either 'ready now' or you aren't.
You are not accounting for the elephants in the room. Fukushima, oil scarcity, and war, always war.
I agree with the slow grind because the world is in on this whole banking failure or heist. But is still behooves us to get or stay prepared. A years supply of food/water won't break your bank. Having a means to protect oneself is mandatory. Gold and Cash, split it up, then go about your life.
I'm hoping the charade will last another 3 to 4 decades. Time goes by pretty fast.
So, somehow the gov, the med and the edu systems, are somehow going to avoid collapse and survive? NTFL!!!
If food prices are out of control it will lead to civil unrest much sooner...
[SHORTAGE] Homeland Security Orders 25 MILLION 12 Gauge Shotgun Rounds After Explosion At Factory https://www.youtube.com/watch?v=7tU2nBJSAMQ
It doesn't matter how much a person in the US prepares for the dollar's collapse. When it finally happens, there will be a massive war and there will be American refugees to foreign nations. It will be chaos.
Yes, but try we must, while we can. It will be bad, but without trying will be completely dismal.
http://en.wikipedia.org/wiki/Skellig_Michael
Compared to my imagination, dismal sounds wonderful.
"It almost happened in 2008"
i guess i was on a different planet then cause all i remember was a rush INTO THE DOLLAR as everything denominated in dollars collapsed NOT THE DOLLAR.
Exactly. And it was worth repeating. ;)
"It almost happened in 2008"
i guess i was on a different planet then cause all i remember was a rush INTO THE DOLLAR as everything denominated in dollars collapsed NOT THE DOLLAR.
Two major fundings/finance/bailouts prevented the immediate collapse (by a day or two):
1) Major banks were bailed out and were made non-Mark-to-Market on many loans and mortgages...which continues today.
2) the largest insurance company AIG (which insured banks and industries) was bailed-out and some believe remains somewhat Nationalized (like Freddy and Fannie).
If AIG had been wiped out then the leveraged mortgage investments would have wiped out the majority of Wall Street, and then the world markets.
2008 was a great way to install central government control over the economy.
BANKSTERS HIRE WAR LORDS.
BANKSTERS HIRE PIMPS (SO-CALLED ELECTED LIARS) TO PASS LAWS, SO THEY CAN LEGALLY STEAL, KILL, LIE, DISTORT...
AND PUNISH THE PEASANTS: TAXES, DEBT, USURY.....SAME STORY.....AUDNAUSIUM FOR MELLINIA...WILL NEVER STOP....
A better question might be which of the four major currencies will collapse first. My quess is the yen and that will open the door for the other three to follow soon after. As people rush to dump the falling currencies inflation could result.
The modern economy that has evolved over the last several decades is loaded with interwoven contracts reeking of contagion. If faith drops in these intangible "promises" and money suddenly flows into tangible goods seeking a safe haven inflation will soar. Never before has mankind diverted such a large percentage of wealth into intangible products or goods. I contend this is the primary reason that inflation has not raised its ugly head. Details in the article below.
http://brucewilds.blogspot.com/2014/04/inflation-seed-of-economic-chaos....
So far tonight we have gold and silver about to break support levels and test their 2013 lows for a third time before collapsing through and plunging to new 4 or 5 year lows and the dollar is tickling the belly of 80 again. No way this collapses any time soon. I think ZH misses the mark by maybe a decade or so.
Mr Technicals, always right. Please take my Grandma's money. I can trust you.
The further down they push Au, the moar desperate are they.
lakecity55 The further down they push Au, the moar desperate are they.
----
Um, why?
Aren't the biggest buyers and holders of PMs in China, India and Russia? Thus are you saying Western nations are pushing PMs down to punish Eastern nations?
If lower prices come before a rise in prices, wouldn't any buyer benefit from those lower prices? The desperation of the Great Depression was a desperation to raise fiat currency values to settle debts, that put downward pressure on all commodities.
The day everyone can pay their house mortgage in gold or pay their everyday expenses in PMs (or PM backed currency) is the day you'll see PMs rise to the moon. Until then, people still need to raise fiat to actually live life.
We can only hope.
Good luck preparing when 98.5% of the population hasn't. I don't care how many guns you have. At the end of the day the finest prepper will have an app. 20% chance better survival rate. The number isn't greater because a large % of it will be PURE LUCK.
That's why you have to also prepare for your neighbors. Safety in numbers.....
Nothing wrong with being King, you get all the Bitchez
Spoken like a non-prepper. ;) Why don't you empower yourself by prepping a little rather than assigning the rest of us a chance-of-survival rate that you made up?
I'll take luck over brains any day, but I'm ready to use both.
yeah, I talk to co-workers about the collapse and they just stare at me.
Keep telling them anyway. Can't hurt.
hoocouldanode!
weak dolla = weak president = unwilling to use military properly
conventional ussa military woudl take about 3 weeks to shut down russia...... why, because in the event it goes hot the people will revolt...
Did such a bang up job in Iraq and Afghanistan. The only "proper" use of a military force is to DEFEND the home country. Everything else is imperialism.
Hey, these younger vets know exactly what the score is.
I ended up talking to one yesterday. We had different MOS, but I knew what he was doing, and he knew what I was doing after we said a few terms only we would know.
These guys know the score.
Help out the younger sandbox vets if you can.
Military would be O.K., they spent the last decade conquering an enemy with I.E.D., AK47 and RPG. and those will not pose a problem.
They are a little late to the party, since 2000 the USD has lost about 66% of its value, just look at the /DX
dxy doesn't measure actual USD value. USD value is purchasing power, not FX trading much less a static ratio that doesn't actually measure the real changes in real-time for every cross.
The answer to that is unfortunately "YES"!... And if they follow the lead of this perfect asshole who happens to be suffering from a deep medicated psychosis as I'm sure they are as well after multiple tours of duty, they won't be coming home once they start this next last odyssey of their careers.
"That's why I'm bitcher than you!"
.... oh wait... someone smudged the teleprompter...
.... let me try again....
Just legalize it like in Colorado and hopefully that will pacify large portions of the population.
Oil has been steadily grinding upwards. Now people are used to the 100 plus a barrel price. Next $120 barrel price.
I was thinking more along the lines of "are they preparing to put Detroit back together." (Before it's too late for the "next Detroit only Bigger." Cough, cough, Rhode Island, cough, cough.)
Humpty Dumpty
Do opposite of what you see on ZH, the tylers (unicorns) are always wrong about everything,
This site specifically cultivates morons, so say's ABC-MEDIA on their tombstone targetting ZH advertisers.
Looks like they got to you first.
This was a great read back in the early 90s.
http://en.wikipedia.org/wiki/China_Mountain_Zhang
cooperation is not a credit default swap
or a mbs, is it?
In the woods, you don't have to be able to outrun a bear, you just need to be able to outrun the other people in your party. If the Anglo-American banking system can trigger a controlled demolition of the Yen and the Euro, other currencies will follow and by default (no pun intended) the US $ ends up being the prettiest leper in the colony.
Canada is the hyphen in Anglo-American.
Stack On
There's a reason the Bush crime family bought all that land in Paraguay, so it's not just the military prepping.
The msm since 9/11 have become nothing but bankster and govt shills.
Good thing the MSM was straight up honest before 9/11, like with Waco and Randy Weaver.
http://d15s74raupkmp7.cloudfront.net/media/mda/mda_final_480.mp4
right click, save as
Stop calling it the US military. Honestly you can't be that stupid at a time like this.
Watched a documentary on a kid who dropped out, moved to alaska to live with the bears and to "protect them". Made tons of videos about his work back in 2000 and 2001. Cried over the baby bears half eaten by males wanting to mate again. Went totally delusional thinking he and the bears were at one, bear whisperer if you will. One night video camera recorded sound only of bear breaking into his tent and eating him while girlfriend beat said bear over the head with a skillet. The bear ate her next. There was an audio of the whole thing. Should be required watching for EVERYONE in the U.S. The irony is just perfect. Obama is taking us down the same course not unaware of the potential for disaster, but seriously mentally ill living in a world of words that don't apply to our enemy.
"But, you knew I was a bear."
Obama's not leading shit.
Him, Bush before him & the next puppet are all followers of the Bankster mafia.
I got 100% out of debt. Only hold cash, 1 oil, 2 miner equities. Regular ZHers know my fondness for losing PMs. Then I have all the free training uncle scam gave me.
Get out of debt.
Great advice already taken, now please advise where the foxholes are, the incoming are starting to whistle.
You can build your own foxhole just about anywhere, using common sense.
You can build one in the city, or preferably, in the country or less dense area.
Read Ferfal's book.
Yes boating accidents have reached alarming levels
Well, China / Russia are leading the way in de-dollarization due to the irresponsible banksters and its black-ops apparatus. Sounds like fantasy, but its all over the BRICS news as well as non Western media.
The people should be training and preparing as well for an attack from the military.
It may be a planned event. The changes of military leadership under this President is much higher than others.
The material in the video is old stuff that's been repeated repeatedly. No new insights.
More propaganda advertising for the broken clock.
it strikes Shit O'Clock but once.
This guy from the 1800s who wrote the following piece would have made a better President than all the clowns who came to the White House starting with LBJ.
But why should I mourn at the untimely fate of my people? Tribe follows tribe, and nation follows nation, like the waves of the sea. It is the order of nature, and regret is useless. Your time of decay may be distant, but it will surely come, for even the White Man whose God walked and talked with him as friend to friend, cannot be exempt from the common destiny. We may be brothers after all. We will see.
We will ponder your proposition and when we decide we will let you know. But should we accept it, I here and now make this condition that we will not be denied the privilege without molestation of visiting at any time the tombs of our ancestors, friends, and children. Every part of this soil is sacred in the estimation of my people. Every hillside, every valley, every plain and grove, has been hallowed by some sad or happy event in days long vanished. Even the rocks, which seem to be dumb and dead as the swelter in the sun along the silent shore, thrill with memories of stirring events connected with the lives of my people, and the very dust upon which you now stand responds more lovingly to their footsteps than yours, because it is rich with the blood of our ancestors, and our bare feet are conscious of the sympathetic touch. Our departed braves, fond mothers, glad, happy hearted maidens, and even the little children who lived here and rejoiced here for a brief season, will love these somber solitudes and at eventide they greet shadowy returning spirits.
And when the last Red Man shall have perished, and the memory of my tribe shall have become a myth among the White Men, these shores will swarm with the invisible dead of my tribe, and when your children's children think themselves alone in the field, the store, the shop, upon the highway, or in the silence of the pathless woods, they will not be alone. In all the earth there is no place dedicated to solitude. At night when the streets of your cities and villages are silent and you think them deserted, they will throng with the returning hosts that once filled them and still love this beautiful land. The White Man will never be alone.
- Chief Seattle
https://www.youtube.com/watch?v=BGeQ-ggdDKo