Goodbye, Dollar: Hello Hell

China and Russia finally did it. They let the world know that they are telling the American Dollar to go to hell. They have had enough and even tho they also say it isn’t an attack on us, the end result will be horrific.

Chinese experts said the move reflected closer relations between Beijing and Moscow and is not aimed at challenging the dollar, but to protect their domestic economies.

“About trade settlement, we have decided to use our own currencies,” Putin said at a joint news conference with Wen in St. Petersburg.

The yuan has now started trading against the Russian rouble in the Chinese interbank market, while the renminbi will soon be allowed to trade against the rouble in Russia, Putin said.

To show what a slow-moving, but unstoppable tragedy this is, look back to July of 2009 to see where I mentioned the fact that India was questioning the Dollar as reserve currency (also pointing out that China and Russia were evaluating the dump, as well).

We already know that China and Russia are pushing for the same.

But now we have India, who is a huge trading ally (and military ally), questioning the US Dollar Dominance:

In Sept of 2009 I wrote:

The Dollar value thingy means so little to me personally because I don’t have any to worry about. But as a nation, we better be very concerned about what the next steps are after Iran drops the Dollar. It is only a matter of time before China, Russia and, yes, even Europe dumps it, as well.

It will be that moment that the true nightmare begins in this country. Why? Because we are unable to produce our way out of it since we have lost so much of our manufacturing base.

In June of 2009, I wrote:

But, after the next couple of days we will see the tide turn. When these people from Russia and China (bolstered by the other 4 member countries, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan), we will see them begin the one thing economists said couldn’t and wouldn’t happen: removing the US Dollar as the reserve currency. The reason why I believe this is going to happen is multi-fold: first, there are “observing” countries at this summit: namely,  Pakistan, India, Mongolia and Iran along with others trying to get in.

On Sept 26, 2009, I asked:

What if Japan, China, Russia, Iran (and any host of other Asian or Middle Eastern countries) say, “We have had enough of America’s bullying and world domination.”? What if these countries decide that America IS too big and that she needs to be taken down a notch (financially or militarily)? Please do not think that American Exceptional-ism will save our collective asses. It won’t.

In Feb of this year, I wrote about China started selling off its US Securities, which was the first real effort to rid itself of America’s dominance (under the guise of punishing us for our cozy relationship with Taiwan). That was one of the first “attacks” on our economic hegemony. In the same month I wrote about how they were beginning to purchase a shit load of gold, hedging against their Dollar investments. I also shared a video that I need to re-share:

The Creditor and the Plastic Duck Junkie

I wrote within that same blog post:

I have been warning about the consequences of the status quo and have said time and time again, we are on the precipice of disaster. I have gone so far to inquire of my economic friends, ways to purchase silver and/or gold coinage (just as a safety net when the SHTF). But until today, I have not been able to close the circle of logic to “how” the demise will take place, but the following video should shed much more light on the subject. Sure, thee are many variables, such as how will our military react or what false flag event can they muster to take us into war with China (and Russia, Iran and Venezuela, cause they will ban together to fight us… mark my words). But, from a financial standpoint, they have us by the short curlies.

I am no financial genius, but I read a tremendous amount about it. All I have is my thought process (erroneous or not) and I keep coming to the same logical conclusion: this is all orchestrated and being implemented to bring about a somewhat controlled demise of our currency. We are so over-indebted that there is no way that the bill could ever be paid. And the other countries know this. They are doing what they must to survive the doom that our great country brought upon the rest of the world. That being said, I guess as insouciant Americans, we deserve exactly what we get.

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Special Drawing Rights: What’s In Your Wallet?

I have been writing about the Fall and trying to predict when that might occur. Not to be some crazy “preacher-on-the-street-corner”, but simply to help anyone get thru it. I don’t want your money. I don’t want a damned thing from you, except for you to wake up, understand what is coming and prepare.

I do not believe, for one minute second, that what is happening in our financial system is a coincidence or some unintended circumstance. Yes, you could roll your eyes and think (what a loon) when I say that there is a global Elite who control our finances. But you do so by ignoring the very words from these people’s mouths. They SAY IT OUT LOUD. They are doing exactly what they want, the way they want it done. Do not be fooled to think this couldn’t have been avoided.

But “why”? Why would they want to bring our system down?

There are multiple reasons I can speculate on, but the main one, obviously, is power/control. Those who control the money, control the population.

One thing that seems evident to me is that they are bringing the financial systems down in a more or less chaotic order. Notice how it is starting with the smaller countries. But when you peel away the facade, you see that the big countries of Europe (Germany, France, etc) are also broke dick dog BROKE. They don’t have all those Billions. So, the IMF steps in and uses American money to prop up those failing countries (should I mention that we, too, are broke dick dog BROKE). Hell, we have our own problems with California, New York, Michigan, Florida and many other poor and destitute states. The last thing we can afford is bailing out OTHER countries.

But, of course, it is a “global economy” and we are the world’s owners and Dictators, so it will be your child’s and grandchildren’s money that actually pays to prop up a broke dick god BROKE set of countries, when we won’t even take care of our own.

So, whether or not you actually have something in your wallet that says, “SDR” in one year, I am thinking there will be something OTHER than what you have in there right now. They are trying to bring us all to a point of desperation and HURT that we will eagerly agree to anything. Anything to lighten the pain THEY are inflicting.

From Max Keiser:

Stacy Summary: We look at the scandals of perfect trading days; PIIGS flying only to fall to earth five minutes later when markets realize the Euro-Tarp ‘rescuers’ are, in fact, real bankrupt debt pigs; and Max Keiser explains high frequency terrorism in the Manchurian candidate markets. In the second half of the show, Max interviews post-neoclassical economic philosopher Damon Vrabel about the European bailout, the financial empire and the IMF, and how the right kind of republic can provide some solutions.