The U.S. Dollar is in its Final Death Throes! Be Prepared

The IMF is calling for a new global reserve currency. France is calling for a new system for reserve currency. China Has called the dollar dominated system dead. It is apparent that the dollar is on its final stand and time has run out. Economic collapse is the only possibility with Washington continuing to spend and the National debt about to surpass the entire United States economy. The Game is over!

Debt now equals total U.S. economy
http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-econ...

Obama's budget proposal draws rapid fire from legislators
http://www.usatoday.com/news/washington/2010-02-01-budget-analysis_N.htm

France wants new global finance system
http://www.rte.ie/news/2011/0214/g20-business.html

IMF calls for dollar alternative
http://money.cnn.com/2011/02/10/markets/dollar/index.htm

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[crocfme]

I certainly hope there won't be a breakdown of civil order and martial law as some are claiming. But, yes - its happening. My boss instructed me to no longer accept US currency 3 weeks ago and most of the other "touristy" joints around here stopped accepting it late in January. The new global currency,( I'm told by a friend of mine in banking), is due around September. I hope the transition goes smoothly and the US and other western nations don't fall into anarchy.

[elusive1003]

@crocfme Thanks for the info. I have heard more than a few people now saying they have been informed to stop accepting US currency so that kind of lends a bit of credence to it all. I hope it all doesn't go to hell either but I fear many people simply will not be able to cope with the change. thanks for commenting

[Carlusha919]

Totally agree with this video's message and I have been thinking the same way he has explained here since many years ago. It's incredible to me how many people don't get it. Maybe it's their wishful thinking that makes them think otherwise. Technically speaking over-spending has finally sunken the USA a long time ago now. Once countries decide to leave the Dollar, you know the rest of the story. I wish reality would be different, but it's not. We're in a countdown period waiting things to unfold

[elusive1003]

@Carlusha919 It is quite amazing, the number of people who cannot see what is right in front of them is staggering. Thanks for watching and commenting.

[sickasso72]

I've known about the global currency changeover for a long time, but good report. you are informed!

[elusive1003]

@sickasso72 Thanks for watching!

[fuckyouobama1]

5***** and favorited! The collapse is already begun!

[84Kilroy]

My man' you are Hip,Happening,Now...excellent report ! Americans like Romans are occupied with bread and circuses...while there country falls apart , the great Greek oraeter Cesaro once said" ..."F" the Dumb S***......iam getting out of "Dodge" !!!!!!!!!!!

[TalkShow2011]

WASHINGTON, February 14—At a Budget Committee hearing today, OMB Acting Director Jeffrey Zients refused, under direct questioning from Sen. Sessions, to answer whether the president's budget would increase spending over current-law levels. The White House has repeatedly claimed that their budget contains $2.50 in spending cuts for every $1 in tax increases

[deltaalpha21074]

USA economy will tank no question is when ?? When OIL is overrun by CHINA and Middle East stops taking US dollar then it's done...why do you think the JETS were sold to Saudi Arabia OIL OIL OIL ?

[photondance]

That's why I'm throwing all my money into pork bellies.

[crocfme]

@dano132454

Yes, he is. And he did fire me a few months ago. (Never work for a banker). I got another job pretty quickly tho; There's no shortage of work for licensed experienced cab drivers here!

[dano132454]

@elusive1003 great time to invest in the euro. bond yields at their highest. put all your life savings in the euro.

[dano132454]

@crocfme wow. your boss is fuckin stupid.

[dano132454]

USA currency isnt going anywhere.

1. chinese manipulate their currency buy keeping it weak to secure overseas trade agreements

2. europe is in far worst posistion. italy looks like the next. bond yeilds over 7%? countries that needed bailout

3.japan is still feeling the effects of fukimsha and a deflation.

4.uk debt-gdp ratio 1000%

5.usa has shown and still is showing slow recovery. NFP reports.