China has been (irrationally) propping up the U.S. dollar and trade. They need to let their Yuan rise, and they need to get rid of their state sectors.
They are now droping the dollar, The clash for clunkers , in 09 all the steal went to china but you won't read that in your local paper,China won't accept the dollar anymore!
Walking away from the derivatives is now the only sane thing to do.
That market is now at least three times larger than the real market, yet it threatens to destroy the real market. China sounds selfish, but they are simply leading the necessary trend.
Creadit Default Swaps ( when not attached to the principle asset ) were insanely unsustainable in the first place.
If China is mad, forget it, we are toast. The RMB will soon replace the dollar. Forget about the IMF or unified currency. It's the RMB. Hahahah. This shit makes me laugh.
There is a logical system to replace current system. It is nearly equal to anarchy.
We need it because:
Kapitalism=Tyrannism=Sosialism=Boss
Boss can do grimes(secretly)=he WILL
Human race must retreat back to the survival of the fittest. These are the times of technoLOGY so it ofcourse must be the LOGGICALLY FITTEST(see my logics?).
No system can exist if it cant 1.expand 2.have hightech and be such that bosses can treath their people.
==>Individually moralogically superior komission.. :) :)
Everything Alex Jones has said since 1996 has been proven right. So u can't just say " one world currency is not just one of Alex Jones conspiracy theories"
The world bank is the fed. The fed funds everything with fake money. The fed does not have gold to back all of its loans. The fed is above the law. The fed does not have to answer to anyone. The fed needs to be shut down. The fed is CRIMINAL.
China may not want the Dollar to collapse but my best bet is that the IMF and UN want it to. This would devastate China and really hurt their chance at competing as the world super power. Ultimately it would give the advantage to world government. As strong China does not and if they want Carbon Taxing they need a weak, can't fight it China.
i remember when i was a little kid, sometimes kids would bet "a million dollars" that something was/wasn't true. When the person was proven incorrect, the default response was "i don't have that much hahaha!" then would walk away triumphant.
yea little kids...and apparently grown men involved in the financial sector...are funny.
Why? Because the whole world economy suffered a meltdown at the hands of America's TBTF financial institutions, via accounting and contract fraud- financial WMD as Buffet called them- and, as he says in the video at 5:30, trust in the US and its TBTF's has been lost.
This is what Max Kaiser talked about in the video with (Stacy Herbert?). China is reneging on those fraudulent derivatives.
Why bother? Because fiat currency did not crash the global economy, and it will continue being used... hopefully issued by nations for use by its people, (like the US Constitution stipulates) rather than loaned out by a cartel of banks with a monopoly... for profit.
Why should there be a world reserve currency? Why can't all countries have their own currencies and just convert it when trading. That way no one country can hijack the world economy. Hey isn't there already a world reserve currency called silver and gold?
All I could get to was a very poor story on Gaijing a Chinese Magazine - all a bit of a rumor, no hard facts... be glad to get better hard news not just hear say? Thanks
China and Russia are to merge financially with the West. Eventually, this means the merging of systems; transportation, media, education etc. Many will be upset with China. But for the globalist, this is part of the plan. Of course I am being vague here. This is not a conspiracy theory. A world currency is possible and we should question if all this U.S. president business is really all about. What's really going on???
I suspect China had ALREADY recalled their gold from London when they announced the commodity derivative default situation. They wanted it safe from retribution.
Ted Butler speculates that China holds derivatives that enabled the silver shorts on the COMEX to justify their Extreme positions with the CFTC.
Now that their gold is safe they can default on the derivatives knowing that their counter party will say nothing because they don't want their manipulation aired publicly.
@frgtmygld Yup. You are definitely right. And we all know how China really has all the gold, and the US has zero. I am not sure how we can even say the US is still a superpower. China has it all. The biggest economy, the best currency, the best financial markets, the best government. Retards...
US banks are largest in the world?? man, update your information before you present these material. yes, three years ago, you are right. right now, Chinese banks occupy three spot in the top five banks in the world.
@hc- dude stop being so one dimensional. the power and influence of wall st. banks and financial institutions are not matched..anywhere in the world. Tell me a chinese bank that does anywhere NEAR the amount of world business as Goldman?
just b/c the chinese banking system hold 1.3 billion chinese bank accounts doesn't mean it's on the level of our wall st. banks, right?
also, i am by no means praising our wall st. banks and financial institutions. just stating the cold facts about their power, reach and unmatched influence. w/ that said....china will continue to rise of course....as will their financial institutions.
what do you mean power? almost all US banks are having problem. What is the Goldman bussiness? taking US bailout money and bet on wall street. that is all. again. chinese banks hold the five spots in the top five world banks. this is not something that I make up. do you own research. and only JP Morgan Chase in US bank hold one spot. without the bailout money, you think those US banks can still exist? do your research for the recent top five banks in the world first.
I am talking about the biggest banks in market value. not power and influence. I am talking about biggest banks in term of providing service and making money (the right way). So you like bank like Goldman who keep failling and then ask for government money and then instead government ask you for money (by taking away your money purchasing power). You are happy about bank with that kind of power and influence?
Did you know that there is a plan to bring in a world dictatorship, which would involve a central world government, a world army and a world currency?
@jonah- that's prob the reason why china said they will NOT honor these derivative contacts. please watch the show..i talk more deep about this topic. thx
China is right to diversify their investments because of the devaluation of the dollar - but what about their own currency?! I just heard that the total amount of yuans has increased by 30 %. Surprisingly there are no alarming inflation-signs yet - but isn't there a crisis waiting just around the corner?
@mahdiya- they have plenty of their own issues..and they may also be in for a powerful downturn.
yes, their RMB, money supply has increased. but if it's increase LESS than what other countries increased...then relative to..say the dollar...it will continue to out perform..and gain maintain/gain strength. thx!
I wouldn't look down at china on this issue, because from what I heard they were in a deal to provide the volume of commodities for the big four US banks to Short the silver and gold!!! Nobody is better than any body else here they're all crooks.
Plus these things were never conspiracies! Alex Jones is the MAN!
All I can say is I can't believe you sold your gold.
@matsutakneatche- i didn't mean it as a negative comment. it's just that he's known for "conspiracies" and the news i talked about...although it sound like some conspiracy theory is pure fact.
i watch him...he's very good a what he does. thanks you for you comments!
Hi. Conspiracy theory just means a theory that some people are conspiring to commit a criminal action. People think wrong about the word. Just because someone says it's a conspiracy theory, it doesn't mean that it's not there. As you say, it is pure fact. So now we don't need to say Conspiracy _Theory_, but Conspiracy _Fact_?
Growby, If this crisis is that bad, why the FTSE is now rising? The FTSE100 is now hitting 5000. Any reason why is this happening? Recession is over as accdg to the mainstream media. just playing a devil's advocate here.
The same forces manipulating a numbers game in the stcoks..which have nada to do with the value of the dollar..are also manipulating the news. Run Jeffry R. Immelt in google..CEO of GE. He is openly in collusion with the Obama forces, and owns all NBC arms. He sold away journalistic integrity long before the election. He fired everyone who would not spin to Obama. That alone is unAmerican and unacceptable.
This present market is completely a different beast from the stock market of 1920's. as you were saying, the powers that be controls everything, from Media to gov't,etc.They are literally the House.. Nobody beats the house. They wont tank this economy unless they let it so. A Bolshevik-style revolution, that would chop the head of this beast (the anglo-american alliance) is the only way to bring change and justice to these puppet masters. Obama is just a puppet. And "it's not Alex Jones' stuff"
Agree..would have chosen a few different descriptors..but i can read from your page. I am thinking a more surgical form of precise direct revolution. Less loss and turmoil over the peasants with pitchforks thing. Identify and remove..one at a time.. voluntary step back in the face of unpleasant alternatives..or unpleasant alternatives..one at a time.
@geson86- thank you for you insightful comments! I agree w/ a lot of what you say..but i very much doubt that we'll have that type of revolution. sheeple can't eat the lions.
again..i didn't mean to sound like i was talking bad about Alex.
Yes we know. Now these derivatives are on FED books, or tax payers books.
kessass83 5 months ago
Currently China owns 35% of USA so in about 6 and half year there will be no USA and will just be China :))
US people start learning chinese now.
taix250 6 months ago
@taix250 china owns only 7% of us debt they have nothing in the usa and if a war happens then china will have nothing.
reporter69692003 5 months ago
good video. added to my playlist. Sheashea ni.
BenZeneProject 1 year ago
We are fucked!
JesusChrist5000 1 year ago
thats moab for you!!..
h95718 1 year ago
China has been (irrationally) propping up the U.S. dollar and trade. They need to let their Yuan rise, and they need to get rid of their state sectors.
AlexandraDanescu 1 year ago
Printing USD like toiletpaper is a way of walking away too
racenemo 1 year ago
They are now droping the dollar, The clash for clunkers , in 09 all the steal went to china but you won't read that in your local paper,China won't accept the dollar anymore!
AlbertInSanAntonio 1 year ago
Walking away from the derivatives is now the only sane thing to do.
That market is now at least three times larger than the real market, yet it threatens to destroy the real market. China sounds selfish, but they are simply leading the necessary trend.
Creadit Default Swaps ( when not attached to the principle asset ) were insanely unsustainable in the first place.
Rhal95 1 year ago
If China is mad, forget it, we are toast. The RMB will soon replace the dollar. Forget about the IMF or unified currency. It's the RMB. Hahahah. This shit makes me laugh.
dannydarias1 1 year ago
There is a logical system to replace current system. It is nearly equal to anarchy.
We need it because:
Kapitalism=Tyrannism=Sosialism=Boss
Boss can do grimes(secretly)=he WILL
Human race must retreat back to the survival of the fittest. These are the times of technoLOGY so it ofcourse must be the LOGGICALLY FITTEST(see my logics?).
No system can exist if it cant 1.expand 2.have hightech and be such that bosses can treath their people.
==>Individually moralogically superior komission.. :) :)
Blobblogger 1 year ago
This has been flagged as spam show
I love this shirt on you! You and your wardrobe are quite compelling; kudos to Ji Young.
laurenandmia 1 year ago
I love this shirt on you! You and your wardrobe are quite compelling; kudos to Ji Young.
laurenandmia 1 year ago
I love this shirt on you!
laurenandmia 1 year ago
Fuck the Fed
thesecondcaller 2 years ago
This has been flagged as spam show
Everything Alex Jones has said since 1996 has been proven right. So u can't just say " one world currency is not just one of Alex Jones conspiracy theories"
redcat362 2 years ago
Comment removed
redcat362 2 years ago
It is obvious that Chins is trying to collapse the United States.
PhantomMaster101 2 years ago
China has been invested in rothschilds since 2006.They are being taken for granted just like America is.The EU wants to rule the world.
onecare01 2 years ago
Our banks are owned by the world banks not the USA.Even the fed is owned by them since 1913.
onecare01 2 years ago
This is a sad testament to the US educational system.
planetcave 2 years ago
The world bank is the fed. The fed funds everything with fake money. The fed does not have gold to back all of its loans. The fed is above the law. The fed does not have to answer to anyone. The fed needs to be shut down. The fed is CRIMINAL.
inspirediam 2 years ago
Derivatives are a suckers bet, They should be illegal, there part of the reason US is in trouble. I say Go China, This might help get rid of them.
DaleElder11 2 years ago
China may not want the Dollar to collapse but my best bet is that the IMF and UN want it to. This would devastate China and really hurt their chance at competing as the world super power. Ultimately it would give the advantage to world government. As strong China does not and if they want Carbon Taxing they need a weak, can't fight it China.
measax 2 years ago
Nice english :)
PonguigPeopinn 2 years ago
Have they done this or stated they were considering doing this not sure if its a done deal yet...Does anyone have verification thanks...
borat443 2 years ago
How do you know they're holding trillion plus dollars? Because they said so?
We aren't even sure what our own central bank really has, let alone China's.
rayomans 2 years ago
i remember when i was a little kid, sometimes kids would bet "a million dollars" that something was/wasn't true. When the person was proven incorrect, the default response was "i don't have that much hahaha!" then would walk away triumphant.
yea little kids...and apparently grown men involved in the financial sector...are funny.
mmsayre 2 years ago 2
The Card House is falling.
Sad, but True. The World
is changing......
Best to all!
Airave 2 years ago
SDR are nothing more than another fiat currency-backed by nothing. Unless they will be backed by gold or some other commodity, why bother?
joel1923 2 years ago
Why? Because the whole world economy suffered a meltdown at the hands of America's TBTF financial institutions, via accounting and contract fraud- financial WMD as Buffet called them- and, as he says in the video at 5:30, trust in the US and its TBTF's has been lost.
This is what Max Kaiser talked about in the video with (Stacy Herbert?). China is reneging on those fraudulent derivatives.
sucker4lush 2 years ago
Why bother? Because fiat currency did not crash the global economy, and it will continue being used... hopefully issued by nations for use by its people, (like the US Constitution stipulates) rather than loaned out by a cartel of banks with a monopoly... for profit.
sucker4lush 2 years ago
GrowBy i created a playlist on my youtube for you...Thanks for the good info
MikeOpNewsWatch 2 years ago
SDR is a front for the coming one world currency and was created like 60 years ago.
This is how outflanked we are by the new world order system.
diogeneslaertius666 2 years ago
SDR
Doenietmeermee 2 years ago
Lots of amazing info & insight. Things are coming to a head
suzettespencer 2 years ago
Why should there be a world reserve currency? Why can't all countries have their own currencies and just convert it when trading. That way no one country can hijack the world economy. Hey isn't there already a world reserve currency called silver and gold?
jamezbond78 2 years ago
Does this mean that China popped the derivatives bubble?
jamezbond78 2 years ago
Good stuff Harry....keep goin'
destinedforobscurity 2 years ago
Seems to me that China is getting nervous about the United States,s ability to pay the Treasury bonds, deratives, etc.
albc1964 2 years ago
Do you have a good link to support this story?
All I could get to was a very poor story on Gaijing a Chinese Magazine - all a bit of a rumor, no hard facts... be glad to get better hard news not just hear say? Thanks
felixdov 2 years ago
China and Russia are to merge financially with the West. Eventually, this means the merging of systems; transportation, media, education etc. Many will be upset with China. But for the globalist, this is part of the plan. Of course I am being vague here. This is not a conspiracy theory. A world currency is possible and we should question if all this U.S. president business is really all about. What's really going on???
blokcom 2 years ago
@carneyart - you're very welcome..thank you for the 5*!!!
Growby10 2 years ago
I suspect China had ALREADY recalled their gold from London when they announced the commodity derivative default situation. They wanted it safe from retribution.
Ted Butler speculates that China holds derivatives that enabled the silver shorts on the COMEX to justify their Extreme positions with the CFTC.
Now that their gold is safe they can default on the derivatives knowing that their counter party will say nothing because they don't want their manipulation aired publicly.
Good video
frgtmygld 2 years ago
@frgtmygld - I bet you're RIGHT!!! usually these type of announcement happen AFTER the fact. after their actions have already been taken.
great comments!! thx!
Growby10 2 years ago
@frgtmygld Yup. You are definitely right. And we all know how China really has all the gold, and the US has zero. I am not sure how we can even say the US is still a superpower. China has it all. The biggest economy, the best currency, the best financial markets, the best government. Retards...
dannydarias1 1 year ago
This has been flagged as spam show
@dannydarias1 China also has pollution.
harrynking777 7 months ago
US banks are largest in the world?? man, update your information before you present these material. yes, three years ago, you are right. right now, Chinese banks occupy three spot in the top five banks in the world.
hc167 2 years ago
@hc- dude stop being so one dimensional. the power and influence of wall st. banks and financial institutions are not matched..anywhere in the world. Tell me a chinese bank that does anywhere NEAR the amount of world business as Goldman?
just b/c the chinese banking system hold 1.3 billion chinese bank accounts doesn't mean it's on the level of our wall st. banks, right?
thanks for you comments!
Growby10 2 years ago
also, i am by no means praising our wall st. banks and financial institutions. just stating the cold facts about their power, reach and unmatched influence. w/ that said....china will continue to rise of course....as will their financial institutions.
Growby10 2 years ago
what do you mean power? almost all US banks are having problem. What is the Goldman bussiness? taking US bailout money and bet on wall street. that is all. again. chinese banks hold the five spots in the top five world banks. this is not something that I make up. do you own research. and only JP Morgan Chase in US bank hold one spot. without the bailout money, you think those US banks can still exist? do your research for the recent top five banks in the world first.
hc167 2 years ago
I am not arguing about size of banks. Not many are going to have deposits in the amount that a China state bank can have. YOU WIN!!
But, come on...are u telling me and everyone here that any of those top chinese banks have the power and influence as Goldman Sachs?
Their ability to taking US bailout money..as u said...just strengthen my arguments. They can..so they did. and will continue.
Our wall st. banks will still sit on top of the financial world.
Look BEYOND lists my friend.
thx!
Growby10 2 years ago
I am talking about the biggest banks in market value. not power and influence. I am talking about biggest banks in term of providing service and making money (the right way). So you like bank like Goldman who keep failling and then ask for government money and then instead government ask you for money (by taking away your money purchasing power). You are happy about bank with that kind of power and influence?
hc167 2 years ago
happy or not...that's just the way it is, right?
Growby10 2 years ago
Great info! Where do you do your research? You seem very confident in what you say. Thanks for taking the time to share it.
maybecominsoon 2 years ago
@maybecominsoon- experience, read, think. youtube =)..repeat.
I'm very confident in what i say...not b/c i'm always right...but b/c i get to change my thinking and actions based on reality.
and if you're very sensitive and aware of what's going on around you (like me!)...you'll be more confident that the guy next to you.
thx for your comments!
Growby10 2 years ago
Did you know that there is a plan to bring in a world dictatorship, which would involve a central world government, a world army and a world currency?
or97035 2 years ago
Following Jim Rogers' advice, I went to Pottery Barn and "bought myself some china".
sinitskyd 2 years ago 2
lets go back to the dirham and dinar
nurbenji 2 years ago
@nurbenji - maybe a good idea =)
Growby10 2 years ago
Why should China honor fraudulent deals? Somebody needs to bitch slap Wallstreet and the big Banks like Chase, the harder and the sooner the better
jonah70757 2 years ago 4
@jonah- that's prob the reason why china said they will NOT honor these derivative contacts. please watch the show..i talk more deep about this topic. thx
Growby10 2 years ago
China is right to diversify their investments because of the devaluation of the dollar - but what about their own currency?! I just heard that the total amount of yuans has increased by 30 %. Surprisingly there are no alarming inflation-signs yet - but isn't there a crisis waiting just around the corner?
mahdiya 2 years ago
@mahdiya- they have plenty of their own issues..and they may also be in for a powerful downturn.
yes, their RMB, money supply has increased. but if it's increase LESS than what other countries increased...then relative to..say the dollar...it will continue to out perform..and gain maintain/gain strength. thx!
Growby10 2 years ago
There was an inflation sign, their stock market shot up lol
fox20012 2 years ago
I wouldn't look down at china on this issue, because from what I heard they were in a deal to provide the volume of commodities for the big four US banks to Short the silver and gold!!! Nobody is better than any body else here they're all crooks.
Plus these things were never conspiracies! Alex Jones is the MAN!
All I can say is I can't believe you sold your gold.
fox20012 2 years ago
@fox20012- please watch the entire video. i do NOT look down on china. in fact they are playing this game very well...
one more time...i did not mean any offense to Alex
Growby10 2 years ago
I like your show, but why slight Alex Jones? He has Max Keiser on all the time who has been talking about this, also Webster Tarpley, big guns man.
matsutakneatche 2 years ago
@matsutakneatche- i didn't mean it as a negative comment. it's just that he's known for "conspiracies" and the news i talked about...although it sound like some conspiracy theory is pure fact.
i watch him...he's very good a what he does. thanks you for you comments!
Growby10 2 years ago
Hi. Conspiracy theory just means a theory that some people are conspiring to commit a criminal action. People think wrong about the word. Just because someone says it's a conspiracy theory, it doesn't mean that it's not there. As you say, it is pure fact. So now we don't need to say Conspiracy _Theory_, but Conspiracy _Fact_?
Bonkero1 2 years ago
Eye of the storm, next wave is coming,get ready
MegaJimmy777 2 years ago
LOL, 5:02 "this isn't alex jones stuff, this is real financial news.." good stuff.
mark7996 2 years ago
good stuff
kdwjunior33 2 years ago 2
Growby, If this crisis is that bad, why the FTSE is now rising? The FTSE100 is now hitting 5000. Any reason why is this happening? Recession is over as accdg to the mainstream media. just playing a devil's advocate here.
jeson86 2 years ago
The same forces manipulating a numbers game in the stcoks..which have nada to do with the value of the dollar..are also manipulating the news. Run Jeffry R. Immelt in google..CEO of GE. He is openly in collusion with the Obama forces, and owns all NBC arms. He sold away journalistic integrity long before the election. He fired everyone who would not spin to Obama. That alone is unAmerican and unacceptable.
rexoid 2 years ago 2
This present market is completely a different beast from the stock market of 1920's. as you were saying, the powers that be controls everything, from Media to gov't,etc.They are literally the House.. Nobody beats the house. They wont tank this economy unless they let it so. A Bolshevik-style revolution, that would chop the head of this beast (the anglo-american alliance) is the only way to bring change and justice to these puppet masters. Obama is just a puppet. And "it's not Alex Jones' stuff"
jeson86 2 years ago
Agree..would have chosen a few different descriptors..but i can read from your page. I am thinking a more surgical form of precise direct revolution. Less loss and turmoil over the peasants with pitchforks thing. Identify and remove..one at a time.. voluntary step back in the face of unpleasant alternatives..or unpleasant alternatives..one at a time.
rexoid 2 years ago
@geson86- thank you for you insightful comments! I agree w/ a lot of what you say..but i very much doubt that we'll have that type of revolution. sheeple can't eat the lions.
again..i didn't mean to sound like i was talking bad about Alex.
Growby10 2 years ago
@rexoid- YES! so much manipulation! 99% of which we can know about....we are are seeing/feeling some of its affects now. thanks!
Growby10 2 years ago
good job harry good videos Thanks!!!
qs711 2 years ago 2
@qs711- thank you VERY much!
Growby10 2 years ago