Who's Sorcha Faal??? (destruction of the US dollar?)

Don't listen to Hip, he is a troll and adds nothing of substance.

Don't waste your time.

 

The dollar is going to collapse, along with everything else.



It was sorta inevitable, IMO.

 

Potential Collapse Of The US Dollar

"Yields on 10-year US Treasuries - generally seen as the benchmark for long-term interest rates - rose above 3.73 %. Before the crisis this looked low, but all has changed: at the end of last year, the yield on the 10-year Bond fell to 2.06 %. In other words, long-term rates have risen by 1.67% - in economic jargon 167 basis points - in the period of just five months. In relative terms, that represents an 81 % increase.

Moreover the stimulus packages only account for a part of the massive deficit the US federal government is projected to run this year. Borrowing is forecast to be $1,840bn -- equivalent to around half of all federal outlays and 13 per cent of GDP. A deficit this size has not been seen in the US since WWII. According to the Congressional Budget Office: “A further $10,000bn will need to be borrowed in the decade ahead.” Even if the White House's over-optimistic growth forecasts are correct, that will still take the gross federal debt above 100 per cent of GDP by 2017. “And this ignores the vast ‘off-balance-sheet’ liabilities of the Medicare and Social Security systems.”

Most analysts were unnerved by this development that coincided with warnings about the fiscal health of the US.
"The Federal Reserve is not really sure what is driving the sharp rise in long-dated bond yields,” Reuters News reports. "Do rising U.S. Treasury yields and a steepening yield curve suggest an economic recovery is more certain? Meaning less need for safe haven government bonds and a healthy demand for credit? Or does the steepening yield curve mean investors are worried about the deterioration in the U.S. fiscal outlook, or the potential for a collapse in the U.S. dollar as the Fed floods the world with newly minted currency as part of its quantitative easing program?"


Apparently no more than in the logic of the feds a nation can sustain itself by purchasing its own bonds with a currency that the nation prints for itself. -‘LAUGHING’- This process is completely stupid, and doomed to failure. The world simply does not work this way, no matter whether strategists argue the contrary.

“Current policies by the American government and the Fed are potentially wildly inflationary,” asserts Jean-Marie Eveillard, the head of the First Eagle Overseas Investment Fund. Nations do not generate or sustain wealth by printing currency. Neither do they generate or sustain wealth by amassing debts. Nations generate and sustain wealth by producing goods and services that the rest of the world desires.”

Quantitative easing is a ferry tail, in which the Chinese certainly don't believe. Every day the Chinese announce some new initiative to reduce or eliminate exposure to dollars, as trading in their own currency for imports, and spending as much of their dollar reserves to buying abroad minerals, land, companies whatsoever comes or is on sale, just to get rid of as much dollars as possible against the higher value of today than in the future.

The Fed’s quantitative easing policy is nothing but a fraud – a multi-trillion-dollar Ponzi scheme. Simply translated: AAA credits -read US debt- are not repaid with currencies printed for themselves; the US must repay their debts from the proceeds of profitable capitalistic enterprises. It looks that like this is not going to happen.

Reuters writes: “An obvious culprit for the move in bond yields is the country's record fiscal deficit, which will generate a massive amount of new government issuance. The U.S. Treasury must sell a record net $2 trillion in new debt in 2009 to fund a $1.8 trillion projected fiscal deficit, resulting from falling tax revenues, the economic stimulus package and sundry bank bailouts.”

Reuters, is an International news agency. So this story will have been published into the Chinese press as well. The Chinese, along with every other major American creditor, will continue devising ways to move away from a dollar based economic model, with at last a collapse of the same!

It’s better people –the electorate- wake-up now, because the US dollar is world’s reserve currency and its collapse will have severe implications for all of us."

http://www.nowpublic.com/world/potential-collapse-us-dollar

 

We Americans are not as witless as you worldly ones portray us we are not sheep and will probably be called to fight against your countries enemies one day because your weak gov can not. worry about your own gov in greece. Give us some credit for having some sense, lots of us see and are not blind. We will dig in and survive there are millions of us. read some history of america you will see we are not sheep. These conspiracies are false leads to avert your attention from the real ones perpetrated by OIL and biz

 

this information was posted with purpose to generate a discussion and see what people think, not to make Americans aware of what's going on in their country.
as for your advice to worry about my own gov-t - this is what I am doing actually , since The US gov-t's politics seem to have been influencing world's economy for quite a while. I have read some history of America and I am not of the opinion that americans are sheep, neither did I express it anywhere in my posts. But if what you are saying in simple words means "whoever shows some interest in what's going on outside the borders of their countries should shut up and mind their own business", then unfortunately I cannot satisfy your request and hopefully I don't have to explain why

 

No insult intended just tired of getting put down for being where i am from by kids. Maybe we should all not worry so much and enjoy life. It is short too short to consume any more of my time on conspiracies. You will hear no more from me here. I will be in more positive entertaining threads and forums and leave the conspiracies to all of you under 30 geniuses. I am just a caveman

 

have fun

 

Uhh. . . Fort Wayne? As in Fort Wayne, Indiana? I know of no other Fort Waynes. Why the hell would they have a reception in this shit town? I'm pretty sure I would have heard about something like this. What is this reception anyway? Who hosted it? And seriously, WHY FORT WAYNE? This town is conservative and nutjob christian by a vast majority - pretty much nobody would even consider the possibility that there is any kind of conspiracy behind our government. No, nobody here is going to risk the discomfort of considering that our government is anything but what it makes itself out to be, and the greatest in the world, simply cause its 'merica. I have a hard time believing they could get even 5 people to show up to this thing in this city.

I don't mean to be construed as supporting all of this conspiracy theory put forth in this thread. I'm very skeptical, but I'm certainly more open to at least considering these things than pretty much anyone else in this town would be. I wouldn't have bothered going to this reception so I can't imagine any of the jesus thumping Fox News watching Rush Limbaugh loving living-in-a-bubble-of-fantasy-and-ignorance people in this town would even consider it.

 

I think you hit the nail on the head, sir. Well, almost. I don't blame non-Americans for thinking we're a bunch of dumb sheep because the majority of us are. Thought its going out of style in this country. people would rather have some authority(ies) to chew and digest and process their food for thought for them. Prepackaged, not deduced, beliefs and understandings of the world are where its at. America loves that shit. The only thing Americans love more is accumulating material possessions.

But as for where the real "conspiracy" is, I think you're absolutely right.

 

do what an american fore father said have a revolution every 20 years.

 

right

 

Speak for yourself.

 

yeah!

 

i agree only north americans are sheep
latin americans are slaves to these sheep

 

No, they are slaves to the shape shifting lizard bitches!

 

That's just what they want you to think! THINGS ARE NOT WHAT THEY SEEM......

 

Sorcha Faal is a disinformation operative. It's all garbage.

 

Dont say you werent warned when fema starts rounding people up,
and the north american union is born. amero the new dollar.

 

thats the new world order mawfocka