FREEDOM IS BASE ON TRUST – TRUST IS BASE ON TRUTH
LATINOS FOR HONEST GOVERNMENT
THE U.S ECONOMIC WILL COLLAPSE, ARE YOU READY FOR WHAT WILL HAPPEN NEXT?
Fellow Americans Corporate greed dictates the ill policies that destroy the U.S. and world economic. For some years I have been telling this corrupt government of the consequences of their ill economic model and the impact on the world economic. Many are surprised at the speed of events occurring with the current global economic collapse. Yet few appear to be aware of what is still to follow after the election in this United States, not matter who win the events that will unfold in the days that lie ahead not one will be able to stop it. The present crisis is not just an economical – it is a political crisis also. What is unfolding now is going to result in the end of the U.S dominance of the global economy, along with the collapse of our economic and military capacity. We are experiencing some of the most dramatic and dynamic events in the history of mankind. The political landscape of the world in which we live is being significantly changed.
Here is a brief summary of the events to unfold.
The U.S. financial institutions will continue to hemorrhage, many of the foreigners Banks who have lost confidence in the U.S. Federal Reserve Bank economic model and the Dollar are dumping the Dollar and no longer will finance our national debt; The U.S. strategy of self-financing will not work, as investors withdraw their funds and no longer refinance real estate and loans as they fall due. This fall-out that started in 2008 impacted the U.S.A. and the European Union economies, resulting in political and economic changes in how the E.U is governed.
The lack of confidence by the Asian countries in reinvesting in the U.S. and the E.U nations and the withdrawal of their capital will result in the collapse of the US dollar, the Euro and the British pound, dependent on the carry of trade a huge inflation will take place, followed by national bankruptcy.
While Asia and European economies will survive and once-again prosper, the U.S and the E.U will collapse into deep depression, poverty and social disintegration.
A new economic model will emerge, wherein the State replaces the private sector, exercising control over the population regarding how commercial activity is conducted. The U.S and Central banks around the world for some time have been increasing the money supply to prop up a collapsing banking system. In simple terms, this has meant creating money to advance to banks to ensure that they have funds to pay depositors and to provide additional funds to ensure that banks will be able continue lending.
The U.S. total bail out is more than 9 Trillion Dollars, bailout in the USA means the financing of the U.S. economic, corporations, wall street and the banks; that the banks will be repaid by the government for their bad loans, with the hope that they will continue loaning once again to
Consumers to entice them to purchase more goods that they really don’t need in an effort to stimulate consumer spending. Yet banks are having trouble finding credit-worthy customers, or do not have the funds to lend at all as depositors withdraw their savings to pay for the cost increase of goods and service.
The expansion of credit through the global banking system has failed to restore confidence in the global equity markets, and which, in turn, is further weakening the banking system as depreciating assets destroy their balance sheets.
The U.S and the E.U nations are dependent on their foreign creditors rolling over their loans which they have advanced through the international banking system or by purchasing Government Bonds. Their creditors have been seduced into lending to them through complex financial products at high interest rates. The U.S and the E.U needs the inflow of capital to be able to finance their current account deficits and maintain domestic liquidity. Without the inflow of foreign capital, their currencies risk collapse, drying up liquidity and economic activity in their markets. The U.S, UK, Australia and New Zealand now face national bankruptcy. They will not be able to sustain economic activity to generate the foreign exchange to enable them to repay their enormous balance of trade debts to their foreign creditors.
Many have compared the current crisis to that of the depression of the thirties. However, there are some significant differences. The problems that prolonged the depression of the thirties were from a lack of liquidity in the markets. This time, Central Banks have flooded the markets with money to prop up the banking system in an effort to stimulate economic growth didn’t work. This Printing money in a desperate effort to solve the current economic crisis was and is going to be disastrousness and only made the situation worse. The market was already flooded with money in a market that lacked confidence and has declining productive output. The outcome is a lack of confidence in fiat money and a flight to gold or currencies that are perceived as being safe.
At present the flow of money between banks has slowed because of this lack of confidence. Yet this is not the real problem. The current situation has been bought about as a result of continuing expanding the money supply in the U.S. and the E.U economies, while maintaining large current account deficits. This has resulted in their banking systems becoming dependent on an inflow of capital from countries operating with current account surpluses, especially China and Japan. Printing money to finance payment of imports, dividends on investments and interest payments cannot be sustained indefinitely. The current crunch has come at a time when there has been a slow-down in the global economy, partly due to the collapse of an over-heated housing market in the U.S, making it more difficult for the U.S. and the E.U nations to service their debts.
We are now seeing a dramatic shift of wealth from the U.S. and the E.U nations to Asia . Though the US dollar has recently appreciated against the Euro, this will only be for a short time as the world becomes flooded with unwanted dollars. The collapse of the US dollar and British pound will also drag down those currencies that have been supported by the carry trade that is dependent on the inflow of overseas capital to sustain their economic activity.
The current crisis will have enormous, global political repercussions. It will see the end of the ascendancy of the western democracies. People will be willing to accept authoritarian forms of government out of economic necessity. The U.S and Europe will experience the biggest political change. The current crisis has shown the inability of divided leadership in the E.U to react to a crisis of the magnitude that has happened over the last couple month. This crisis will bring the EU nations together under a single leader and political system.
The acceptance of a single EU leader with the power to take control of restoring prosperity to the European economies will result in the State taking a much greater role in how economies are managed. Already we are seeing Governments taking over failed banks, and legislation is rapidly being passed to give the State the authority to direct investment and control the banking system. Once this confidence is restored the Euro will quickly replace the US dollar as the international reserve currency to finance global trade. As currencies collapse, the Euro will be accepted as an alternative, so it will be widely accepted around the world as the money of choice. This will enable the EU to have great economic and political influence around the globe.
We will shortly see the collapse of the economies and currencies of the USA , Canada , UK , Ireland , Australia and New Zealand . The speed of this collapse will catch many by surprise. It will happen once their overseas investors lose confidence in their economies and withdraw their capital. Without being able to roll over their loans there will be a collapse of their currencies and they will default on their international debt obligations. They will be blamed for the economic crisis that has engulfed the globe, bringing the hatred of the whole world against them.
It will result in these nations sinking into poverty; their people will face starvation and millions will be homeless, the people will suffer greatly, as their societies degenerate into anarchy, as law and order breaks down, and orderly society collapses. One consequence of this calamity is that freedom, as we have known it, will be greatly curtailed as the State imposes its will upon the people, our U.S.A will become a third world country with a dictatorship subject to its iron rules.
How have the U.S got themselves into such a mess, when they were the most powerful economic and military powers on earth? The current situation is a direct result of rejecting the economic and moral laws God has given our nations to ensure that we have a society of equality and prosperity, rather than what we have today – a society that is based on greed, pursuit of the self, pleasure and rejection of moral and religious values. These are societies which were bent on self-destruction, but few realized the consequences of such actions until it was too late.
Over the coming weeks the Media will continue their deception reporting economic stabilization and good news on the unemployment crisis, but after the elections the real truth will be unfold, I will write as events take place, and we sink into the darkness of an economic abyss and present you with solutions to protect your families and property and survive this catastrophe.
In God we trust, he will give us the wisdom and courage to deal with this catastrophe.
Juan Reynoso – Freedom fighter – firstname.lastname@example.org