WHAT THE COLLAPSE OF THE US DOLLAR WILL MEAN TO THE WORLD]

[Guest guest]

 

 

 

WHAT

THE COLLAPSE OF THE US DOLLAR WILL MEAN TO THE WORLD

 

 

Over the last few

days there has been a number of articles in the media about the steady

decline of the $US against the Euro. While many

economists have forecasted the possiblity of the dollar declining

against the Euro for sometime, most do not comprehend the significance

of this. Some believe that the decline of the

dollar against the currencies of American’s trading partners will help

correct the USA’s

trade deficit, and the dollar will stop falling when the trade

imbalance is corrected. However, the evidence

is that the opposite is happening – the $US has declined 40% against

the Euro over the last 2 years, and during this time America’s trade

deficit has continues to deteriorate.

 

There is now

nothing the USA

can do to prevent the collapse of its currency, and its economy. It has

no reserves to support its value, and has the most indebted country in

the world, is dependant of the credit from America’s

former enemies. Over the last couple of days,

both Russia

and China

have said they will be switching their considerable dollar reserves

into Euro. This will only hasten the lack of

confidence in the dollar, creating a global lack of confidence in the

currency, and setting into free-fall. It will

soon bring about the total collapse of the dollar, and the American

economy.

 

The collapse of the

dollar will throw the world into a global depression. Those

nations with large external debts will not be able to trade

sufficiently to earn the income to service their debts, and will slide

into bankruptcy. The economies of New

Zealand, Australia,

Canada

and the UK

will also totally collapse, as a result of their indebtedness and not

being able to service their borrowings. It will

result in the Anglo-Saxon nations facing abject poverty, our people

facing starvation, and a total break-down in society. Crime

will become rampant. Law and order will cease

to exist. Disease will become widespread.

 

The Asian

economies, which have depended upon American trade, will also be

severely affected. However, they will recover

after a period, but only after considerable political and economic

turmoil.

 

The EU will be in a

much better position to survive the coming economic chaos.

An influx of capital into the Euro zone by those selling

dollars will provide the funding for rebuilding the economies of the

new United States of Europe. However, the

collapse of the $US will still severely affect the already depressed

German and French economies. The resulting

economic turmoil will create the need for the acceptance of a strong EU

leader, who will be able to make the necessary political and economic

reforms to enable Europe revive their economies. Those nations that accept the new EU Constitution

will come under the control of this new leader, creating Europe

as the world’s new Super Power.

 

The Euro will

become the world’s only reserve currency, creating the means for the

new United States of Europe to become the dominant economic power in

the world. The new Europe

will be able to dictate the terms on how the global economy should be

run. They will take over the administration of America

and Britain,

placing the Anglo-Saxon people in bondage for repayment of their debts.

 

Americans do not

appear to comprehend the bitterness that has grown around the world as

a result of their illegal invasion of Iraq. While once Europeans looked up to, and admired America;

today it is held in utter contempt for its arrogance and warmongering.

Anti-European comments in the American media have only added to this

hostility towards the US.

America’s attempt to impose its version of

government on the world, its hypocrisy in claiming to be the moral

leader of the world, while flooding the media with degenerate filth and

garbage, has bought upon it disgust and contempt that few Americans can

comprehend.

 

We are about to

enter a time of tribulation for the Anglo-Saxon people.

Some will ask why God has allowed this to happen to us. The answer is that as we have rejected God and His

Laws, so He has allowing us to be punished for our sins.

 

 

Bruce Porteous

bruceport

24 November, 2004