atovic@ttlv.net

Collapse of U.S. Economy Imminent

Sat Jan 21, 2006 23:29

 

January Saturday 21st 2006 (01h49) :
Collapse of U.S. Economy Imminent
109 comment(s).
http://bellaciao.org/en/article.php3?id_article=9995

In its attempt to establish a world empire dominating every nation on the planet, the U.S. has exhausted its ability to finance the expansion and the country now faces imminent financial collapse. From all indications, it looks like 2006 will spell the end for America.

Consider these five important points:

Point #1 The U.S., Great Britain and Israel are preparing to attack Iran. As it appears the main reason for invading Iraq was to stop it from selling oil in Euros, likewise Iran has plans to dump the dollar come March 2006.

Point #2 U.S. Treasury Secretary John Snow issued a warning recently that the U.S. Government is on the verge of collapse - as the statutory debt limit imposed by Congress of $8.184 trillion dollars would be reached in mid-February - the government would then be unable to continue its normal operations. Considering the current total U.S. debt stands at $8.162 trillion dollars, once the official debt ceiling ($8.184 trillion) is reached, the U.S. government’s credit abroad (its borrowing power) is gone. Those countries (mainly China) who presently keep America afloat by holding U.S. Treasury Notes, will most likely no longer continue doing so.

Point #3 Bank Of America and Compass Bank managers (probably all other U.S. banks too) have been instructing their employees in the last few weeks on how to respond to customer demands in the event of a collapse of the U.S. economy - specifically telling the employees that only agents from the Department Of Homeland Security will have authority to decide what belongings customers may have from their safe deposit boxes - and that precious metals and other valuables will not be released to U.S. citizens. The bank employees have been strictly prohibited from revealing the banks’ new "guidelines" to anyone. (however, employees have been talking to friends and family)

The next time you visit your bank, ask them about it - then ask yourself, why is this information being kept secret from customers and the public - what’s really going on?

Point #4 FEMA has activated and is currently staffing its vast network of empty internment camps with armed military personnel - unknown to most Americans, these large federal facilities are strategically positioned across the U.S. landscape to "manage" the population in the event of a "terrorist" attack, a civilian uprising, large-scale dissent ,or an insurrection against the government. Some of these razor-wired facilities have the capacity of detaining a million people.

Point #5 The Patriot Act and the US Senate’s vote to ban habeas corpus (Nov 14th) - along with George W. Bush having signed executive orders giving him sole authority to impose martial law, suspend habeas corpus and ignore the Posse Comitatus Act, have together pretty much destroyed any notions of freedom and justice for Americans.

Summary: The U.S. economy is broken, the United States is bankrupt - the unchecked spending by this administration, the illegally waged wars against Afghanistan and Iraq, the cost of unprecedented weapons and military build-up - have all contributed to an irreversible emergency which is threatening our nation’s existence and our very lives.

Hospitals are closing, major corporations are declaring bankruptcy and/or moving their companies overseas, the monopolized news media spews nothing but lies, and our fearless leaders have turned out to be only ruthless criminals hell-bent on destabilizing our country and robbing us all.

Be aware - we stand at the threshold of total ruin - the international bankers and war profiteers care little for our lives and families - these demons worship money and all things vile and evil - they have very much to gain from war, misery, disease, famine, chaos and death (our deaths).

We are right on the edge - the Treasury is already overextended - the U.S. government cannot (and will not) care for its own citizens’ needs, nor secure our borders against illegal aliens - plus, the whole "terrorist" thing is a cruel hoax perpetrated against a trusting citizenry - and only designed to instill fear and garner support for the genocide taking place in Iraq.

Should America (along with British & Israeli forces) launch a war against Iran, or another country, without yet paying for, or even recovering from the current losses in Iraq and elsewhere - the costs of such of an invasion will overwhelm an already crippled economy and push the U.S. over the edge into oblivion.

Question: Considering the U.S. Treasury Notes that China currently holds (which keeps the U.S. economy going)...

Do you think China will continue to support a country’s economy (the U.S.) whose military launches a nuclear strike against its neighbor (Iran) - thus delivering a blanket of radioactive fallout over western Chinese provinces - killing hundreds of thousands, if not millions of its citizens?

I think not.

Factoring in the aforementioned points of "preparation" engineered by U.S. authorities, I’d say there’s a stinking rat in the woodpile ...can you smell it too?

# # #

By : notepad
January Saturday 21st 2006
http://bellaciao.org/en/article.php3?id_article=9995

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... The whole US economy stalls on the brink of collapse. ... be getting off easy for the US economy (but you ... Robert Gates said about the imminent nightmare economy ...
MORE:>>

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What Is Money? The Greatest Robbery of America

What The Collapse of The US Dollar Will Mean to The World


A currency dealer displays US dollar notes at a currency exchange office. The dollar plummeted to new lows against the euro on expectations Russia could par down its dollar reserves in favor of euros and amid ongoing concerns over the US budget and current account deficits, analysts said. [AFP] http://www.chinadaily.com.cn/english/doc/2004-11/26/content_395102.htm [2]

Over the last few days there has been a number of articles in the media about the steady decline of the $US against the Euro. While many economists have forecasted the possibility of the dollar declining against the Euro for sometime, most do not comprehend the significance of this. Some believe that the decline of the dollar against the currencies of American¹s trading partners will help correct the USA¹s trade deficit, and the dollar will stop falling when the trade imbalance is corrected. However, the evidence is that the opposite is happening ­ the $US has declined 40% against the Euro over the last 2 years, and during this time America¹s trade deficit has continues to deteriorate.

There is now nothing the USA can do to prevent the collapse of its currency, and its economy. It has no reserves to support its value, and has the most indebted country in the world, is dependant of the credit from America¹s former enemies. Over the last couple of days, both Russia and China have said they will be switching their considerable dollar reserves into Euro. This will only hasten the lack of confidence in the dollar, creating a global lack of confidence in the currency, and setting into free-fall. It will soon bring about the total collapse of the dollar, and the American economy. http://i.am/jah/greeneco.htm [3]

The collapse of the dollar will throw the world into a global depression. Those nations with large external debts will not be able to trade sufficiently to earn the income to service their debts, and will slide into bankruptcy. The economies of New Zealand, Australia, Canada and the UK will also totally collapse, as a result of their indebtedness and not being able to service their borrowings. It will result in the Anglo-Saxon nations facing abject poverty, our people facing starvation, and a total break-down in society. Crime will become rampant. Law and order will cease to exist. Disease will become widespread. http://i.am/jah/blescur.htm [4]

The Asian economies, which have depended upon American trade, will also be severely affected. However, they will recover after a period, but only after considerable political and economic turmoil.

The EU will be in a much better position to survive the coming economic chaos. An influx of capital into the Euro zone by those selling dollars will provide the funding for rebuilding the economies of the new United States of Europe. However, the collapse of the $US will still severely affect the already depressed German and French economies. The resulting economic turmoil will create the need for the acceptance of a strong EU leader, who will be able to make the necessary political and economic reforms to enable Europe revive their economies. Those nations that accept the new EU Constitution will come under the control of this new leader, creating Europe as the world¹s new Super Power.

The Euro will become the world¹s only reserve currency, creating the means for the new United States of Europe to become the dominant economic power in the world. The new Europe will be able to dictate the terms on how the global economy should be run. They will take over the administration of America and Britain, placing the Anglo-Saxon people in bondage for repayment of their debts. http://i.am/jah/syst.htm [5]

Americans do not appear to comprehend the bitterness that has grown around the world as a result of their illegal invasion of Iraq. While once Europeans looked up to, and admired America; today it is held in utter contempt for its arrogance and warmongering. Anti-European comments in the American media have only added to this hostility towards the US. America¹s attempt to impose its version of government on the world, its hypocrisy in claiming to be the moral leader of the world, while flooding the media with degenerate filth and garbage, has brought upon it disgust and contempt that few Americans can comprehend.

We are about to enter a time of tribulation for the Anglo-Saxon people. Some will ask why God has allowed this to happen to us. The answer is that as we have rejected God and His Laws, so He is allowing us to be punished for our sins. http://i.am/jah/horse.htm [6]

Bruce Porteous bruceport@xtra.co.nz [7]


24 November, 2004



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News results for DOLLAR VS. EURO - View today's top stories
Dollar struggles, hits record low vs euro - China Daily - 4 hours ago 11/25/04 [8]

The Invasion of Iraq: Dollar vs Euro Re-denominating Iraqi oil in ...
The Invasion of Iraq: Dollar vs Euro. Re-denominating Iraqi oil in US dollars,
i nstead of the euro. by Sohan Sharma, Sue Tracy, & Surinder Kumar. ...
http://www.thirdworldtraveler.com/Iraq/Iraq_dollar_vs_euro.html [9]


US Dollar vs. Euro ... Sources: THE SIERRA TIMES, February 9, 2003 Title:
"The Real Reasons for the Upcoming War with Iraq" Author: William Clark. ... [10]

WHAT'S MONEY?
http://www.apfn.org/apfn/money.htm [11]

You can lead a horse to water, but you can't make 'em drink!

"Each time a person stands up for an ideal, or acts to improve the lot of others. . .they send forth a ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current that can sweep down the mightiest walls of oppression and resistance." <http://www.apfn.org
- Robert F. Kennedy <http://www.apfn.org <




More evidence from Bruce Porteous as to why enforcing The Plan against the N. W. O. Zionist traitorous mass-murder inside-job perpetrators of 911 and the phoney War on Terror, and returning to God¹s Law is the ONLY solution:- http://i.am/jah/plan.htm [12]

Time is running out:- http://i.am/jah/signs.htm [13]

JAH. [14]


Source URL:
http://100777.com/node/1069

Links:
[1] http://100777.com/mailto:bruceport@xtra.co.nz
[2] http://www.chinadaily.com.cn/english/doc/2004-11/26/content_395102.htm
[3] http://i.am/jah/greeneco.htm
[4] http://i.am/jah/blescur.htm
[5] http://i.am/jah/syst.htm
[6] http://i.am/jah/horse.htm
[7] http://100777.com/mailto:bruceport@xtra.co.nz
[8] http://www.google.com/search?hl=en&lr=&safe=off&q=DOLLAR+VS.+EURO&btnG=Search
[9] http://www.thirdworldtraveler.com/Iraq/Iraq_dollar_vs_euro.html
[10] http://www.google.com/search?hl=en&lr=&safe=off&q=IRAQ+WAR+DOLLAR+VS.+EURO&btnG=Search
[11] http://www.apfn.org/apfn/money.htm
[12] http://i.am/jah/plan.htm
[13] http://i.am/jah/signs.htm
[14] http://i.am/jah/mal4.htm

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