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Tuesday, November 19, 2013

Economic Collapse News Nov 18 - Dollar collapse underway + France (& EU) imploding + Update on Economic Troubles in China

I posted the above video yesterday but forgot to include this report of a Russian lawmaker wanting to outlaw US dollars. Such a suggestion would have seemed quite preposterous even a year ago but no longer - such bold threats are being made publicly by the Russians, the Chinese, and even the Japanese! How long before the rest of the world follows suit and dumps the US dollar as the world Reserve Currency???

Russian lawmaker wants to outlaw U.S. dollar, calls it a Ponzi scheme: MOSCOW — Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to his country’s parliament Wednesday that would ban the use or possession of the American currency. Read more: ________________________________________________________


I also did a report on the troubles in Chinese Economy a couple weeks ago and came across this article just today confirming what I have been saying for 4 years now that the Chinese Economy is in deep trouble and social unrest in China is far greater than reported in Western Media! 

From Zero Hedge: Big Trouble In Massive China: "The Nation Might Face Credit Losses Of As Much As $3 Trillion"

1 comment:

  1. It's not the elites that wrecked the world, it's the hundred million silly white honkies who thought they could sit at a desk for forty years and end up with a million bucks at the end of it.