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“Jine’ the Revolution”… it’s the only growth industry left in America.
by wwFawell, electanewcongress.com
“We’re developing a new citizenry. One that will be very selective about cereals and automobiles, but won’t be able to think.” – Rod Serling
People, the markets, are looking at the Fed’s motivations from a rear view mirror that has absolutely nothing to do with what’s coming down the road. It’s that nether world of silence just before it explodes into the vacuum of imagination where this time it’s different and things ostensibly remain the same.
Dead up ahead, that stop sign flashing in the night, it reads the end of the Petro-Dollar… welcome to the Twilight Zone.
America doesn’t buy its oil from the Middle East anymore, but China does. Further, America’s roll as the guiding force in support of Saudi Arabia’s 272-year quest to establish a Wahhabi Islamic Sharia State beyond the borders of the old Ottoman Empire, has evaporated under the fire of America’s endless wars, which is coming up empty handed against a revitalized Russian military force the has a number of technological edges over us because our bloated military budgets have been ripped off by a military industrial complex gone bat-shit greed-crazy, our prowess washed away in a flood of good money gone after bad in exploration of a full-retard neocon frenzy of foreign policy commandeered by poor judgment and ulterior motives.
President Xi of China has just returned from a tour of Iran, Saudi Arabia and Kuwait, and China is now by far their largest client. He has built a port, road, rail and pipeline across from Oman on a tiny sliver of Pakistan from which to import oil and gas overland directly to China, his checkbook open.
With the weight of the dollar pressing against the Yuan, as billions in Yuan flee the mainland and his reserves dwindle; faced with the inevitability of devaluating the Yuan against the Dollar, both China and Xi are up against the same problem as all Emerging Nations (EM) today: The Dollar is too strong.
It is strong simply because it is the worlds reserve currency. And the common consensus in America and the developed Western world is, “sure it’s a piece of shit (fiat currency), but it’s our piece of shit (fiat currency); and further, up against everyone else’s piece of shit (fiat currency), our shit (fiat currency) truly doesn’t stink.
George Soros and the world of Western finance are short the Yuan right up to their eyeballs. It has to fall; it has too.
Everyone Is Thinking Like A Dollar,… No, Make That A Petro-Dollar
Yet what happens if or when there is no more Petro-Dollar? What if Saudi Arabia, Kuwait and Iran alike decide that they’ll take Chinese Yuan instead Dollars for all the oil that they’re selling China?
The Dollar, or should we say, the Petro-Dollar is valued 25% to 50% above its real value contingent upon being, and remaining, the Petro-Dollar…. And if the vaunted Petro-Dollar simply becomes the dollar, which is something that can happen overnight, well, then the dollar is going to come under a great deal of downward pressure.
It’s not that the Yuan will supplant the Dollar overnight, no one, or no currency is going to do that; at least not overnight. But it will serve to support the Yuan, and as the dust settles….
The price of oil, at least in Dollars will rise in the world, along with most imports to America, which will gradually make us more competitive. Because America, or at least the Dollar, will be forced into the global fiat currency race-to-the-bottom that every country on Earth has been trying to out do each other in a quest of beggar-thy-neighbor for a competitive export edge that has resulted in the destabilization of world trade and a looming world-wide Depression. For years the Dollar has been killing them in their efforts to keep from drowning in a Sea of Red Dollar ink, trying to pay off all those useless crooked loans that Goldman Suchs and the other 2B2Fail banksters saddled the world with over the past three decades or two.
When does it end? How does it end?
A drop in the dollars value of 25% to 50% is pretty steep and will require some kind of braking, else it will go right through the floor and take everything with it. And so the FED will be forced to raise rates in order to support the dollar and put some braking to the Dollars fall as the world makes its adjustments.
What an adjustment that will be; and a fitting one for George Soros and fiends. Xi (China) needs a way out from bleeding red and a hundred billion a month drain on China’s reserves. Placing China, or at least the Yuan on a much closer footing with the Dollar is a step in the right direction, and it’s not like China is unprepared. Already China has in place an alternative to the Western worlds SWIFT bank clearing system, and with AIIB, it has a like alternative to both the IMF and the World Bank.
Russia, China, the Middle East, South America, Africa and Eurasia (BRIC & SCO) are going to declare their freedom from the Almighty Dollar, and why shouldn’t they? America foreign policy has been one of coercion and threats, and the neo-colonialism of debt banking in dollars is killing everyone around the world. If you don’t live in the United States there are a lot of good reasons to leave the Dollar; most importantly, ones survival.
Europe can do nothing, nothing but try to survive each state on its own as Europe and the Euro go into a melt-down mode as the worlds sick man, with Deutsche Bank, Greece, Italy and Spain leading the way. The Euro is finished, no big secret, and the Yuan will eclipse the Euro as the world’s 2nd largest fiat currency leaving the Dollar number 1, but for how long? If you’re an EM, why stick with the Dollar when it is the Dollar that is killing you? And in these deteriorating markets that means just about everyone.
“Certainly there is a Deep State ruling America. How else can you explain Amy Schumer and Seth Rogan.” - wwFawell
Forget three-day weekends before major market shifts. In China it’s the entire freaking week.
And during this week the world is changing faster than you can think it can. Look at gold, creeping up over its 200-day EMA (Exponential Moving Average) and not just holding, but creeping up some more. After years of being manipulated down the golden spring is wound like a drunken wolverine unleashed into a crowded Northern Minnesota snow bound bar; the fur and blood are going to fly and no one is getting out unscathed only to be thrown into a cold dark winter.
Gold is about to go higher, much higher, and quickly.
Don’t think the FED is going to hold to raising rates on schedule? Still think NIRP is both the answer and the problem?
Then you don’t understand the problem. And just when you think you now understand the problem, the problem is going to start to transform itself into revealing its true underlying problem. And that problem is both our nations government, the FED, the 2B2Fails, Wall Street and the whole stinking, putrefying crush of quantitative systemic failure and bankruptcy within the fiscally and morally depraved collective and racketeering of the Deep State shadow government that rules over all America today.
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(W.W.Fawell, a political scientist and founder of Elect A New Congress, is the author of “New American Revolution: The Constitutional Overthrow of the United States Government” and has just recently finished “The Science of Liberty: American Reformation” due out by late February.)