Socio-Economics History Blog

Socio-Economics & History Commentary

Jim Willie: The Dollar Will Be Removed From Int’l Trade, Which Will Send Shock Waves Throughout The US


    August 2nd:  topics covered are the numerous sides to the systemic breakdown in progress, the role of QE (USFed hyper monetary inflation) to prevent bank failures from lack of liquidity, the several sites of broken banking systems like in Italy and Germany, the potential triggers for bank failure contagion, the grotesque insolvency of the global financial system, the transition toward a gold-backed currency (and various scenarios of gold provision), the risk to any New Dollar from the $500 billion annual trade deficit, and much more, with explanation of the deception regarding the war on terrorism and how narcotic factors into the bank support.


August 3, 2016 - Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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