Dump the Dollar, China State TV Tells Viewers

Originally posted by moonvibe
From the site greatdreams.com
Take it for what it's worth...and leave the rest.


I know that there's a planned war between the US and China scheduled for late 2008. This is also geopolitical and not concerned with Black Ops as such. These were both just events that I got to hear about in passing. I have no detailed information about them.

Q. You mean that China and the US are working together to stage a war?

A. The Pentagon started the planning in 1998. You have to understand that China and the US are hand in glove with everything. This war is a joint op between the US and China. Most wars are set up that way and have been for a while. You want something else that's just unpleasant to hear? I also heard from someone who was serving in a unit that worked with missiles deployed for testing in the Pacific and the Far East. The missiles were shipped to the test location in very tightly- sealed containers, very secure, hermetically sealed. After the tests, the container would be shipped back, sealed the same way, but empty, supposedly empty. On one occasion, this guy was present when a container was opened. It wasn't empty. It was filled with bags of white powder.


www.greatdreams.com...

Hey moonvibe! Thanks for posting a link to the site. It was a great read for me. I had never heard of this before and found it wonderfully entertain and thought provoking. Thanks again for the post!

The U.S. economy is definitely going downhill... there are financial analysts now who are not just expecting a recession (I think we're already in one) but another Great Depression. Hold on to your seats!

What I find interesting is that people always think our government and the Fed are stupid for doing what they do.

Recently I listened on Coast to Coast AM to Catherine Austin Fitts, a former government employee (Housing Department) and founder and president of an investment bank. She says the gov is definitely not stupid -- they make certain decisions for their own reasons and don't mind when the "great unwashed" think they're incompetent... which is better than the public knowing what they're really up to.

Another guest on Coast to Coast AM (I think it was Sean David Morton, remote viewer and financial advisor) recently said that the gov/Fed WANT the dollar to collapse to pave the way for the NAU and the Amero.

I might be paranoid, but I think our government is just plain evil, not stupid.

Each super power has its own demons to overcome which prevents one from being overly superior to all others. The exception was the 1980's when Reagan was in power. The US was the ultimate super power when Russia threw in the towel. China was just an after-thought.

Through the 90's the US remained dominate while we spent and ate our way to our current state of complacency.

We are now deep in debt and the housing boom has busted wide open. Gas in sky high and Global warming is turning California and Georgia into dust bowls and Texas and the Northeast into soggy swamps.

Now that the dollar is spiraling downward, the socialist can take control and push the American euro and open the borders. It's all a conceived game of chess. No war against China makes sense unless mass casualties are the result of choice. I believe the govt. of the US and China are equally corrupt but are not working together directly. They both want all the marbles, but are too interdependent on each other to go to war.

Originally posted by ka0s69
Hmm seems that it could go either way really... The US could have been created as a scapegoat from the very beggining enabling these fat cats to get super obesse when the economy crashes.

Heres a quick thought... What if the American public all put $10,000 each into a bank account and payed off some of the debt themselves? Surely that would ease the pressure a bit giving the economy a fighting chance?

But then again I can't see Americans giving up 10g willy nilly, most of em dont even know they are on the brink of a massive recession.

[edit on 21-11-2007 by ka0s69]

You know I have thought about what to put my extra money towards sometimes. The national debt is what has come to mind - one of the top choices. How does an individual pay towards the national debt? This is a great idea really, and a great thought. It gets complicated though, when you wonder what the implications are of paying on the debt. At the least though, it would lessen the burden, one would think?

The current state of the US dollar is on the verge of colapse, I can see a lot of posts denying it, unfortunately thats not the good approach.

Major corporations and your govt are too blame. Everything is being sent to other countries. I work for a major international corporation and I can assure you this, they don't care who you are, all they want is cheap labor for more profit. Money, money, money

You and your people have to start seeing it for what it is, your govt is screwing you all over with debt and corporations are sending all your jobs overseas! China owns it all now and can pretty much do as it pleases.

Stop the war and work on getting Bush out of there and have corporations return to US soil!

Originally posted by Drewdatt
You and your people have to start seeing it for what it is, your govt is screwing you all over with debt and corporations are sending all your jobs overseas! China owns it all now and can pretty much do as it pleases.

Stop the war and work on getting Bush out of there and have corporations return to US soil!

I'm afraid the only thing keeping the US from entering a full blown recession (or minor depression) Text the War.

For the very reasons you spole to earlier, most of the heavy production is geared to the military. Other daily use items are made offshore in Mexico, Cina and India,. to name a few.

Without the war, like it or not, the American economy would soon collapse on itself.

China would be cutting its own throat, They rely on us to buy their junk. The U.S. is still very much more powerful in terms of who could wipe out who. China has a very limited Navy to say the least, We have well a whole lot more air power and nukes. China has no I repeat no way to move there troops beyond there sphere of that part of the world except by ground and If they did and moved them out to attack they would be fried like my turkey tomorrow by India or the U.S. to say the least. China has a very poor ballistic missile program by todays standards. Most of it is theater stuff not ICBMS.
Just about every major prophet has seen China in flames in the future including Edgar Casey.

Originally posted by Blaine91555
Every day someone predicts our economic demise. Mostly lying Politicians trying to scare people into voting for them. Sometimes other countries lying trying to scare us for some insidious reason. Often hate mongers who see this as a jab in the eye to their imaginary opponent. Sadly sometimes Americans who are very misinformed or who are trying to fabricate evidence to support some brain-dead cause. You know, the same people who preach Freedom of Speech and then won't allow people they don't agree with to speak. The Loony Tunes who storm stages at Universities and yell crazy stuff over loud speakers to deny others Freedom of Speech.

The later seem to be the source of this phony gloom and doom lately. Now other countries have used this as a weapon in Public Opinion against us. These crazed extremists have become the source of self fulfilling prophecy. Their lies have become common ammunition for our enemies.

Take the time to look up the charts on Trade Deficits. Then compare our wealth per capita to the rest of the world. America and in fact all of the Western Industrialized World is in no danger of an economic collapse. Even though we suffer highs and lows, our current low is still better than most of the 40 years preceding the Clinton Administration when the you know what Party ran the Congressional Show.

While you are perusing the Trade Deficits, imagine if we were to stop buying Chinese Products? Some would say they will sell to other countries. Not so. What other country would destroy their own economy without need just to hurt us. If they hurt us they hurt themselves. Look at what that tiny pseudo-boycott of France did to them.

The dollars value was artificially lowered to combat the swiftly approaching problem of inflation. It could be turned the other direction and will be when the threat of out of control inflation has passed. In the mean time, those who hate America will continue with the daily Mantra that our economy is soon to collapse. When it does not, I'll bet they don't come back and apologize. They will find a new Mantra of Hate to spew forth. Haters hate and they have to have a target even if they have to fabricate one.

[edit on 11/21/2007 by Blaine91555]

blaine you are right about a couple things.

our trade deficit as a percentage of GDP is not as high as other times in the past, and as a percentage of GDP it has been decreasing for over a year.

Does that mean we are in the clear? is that the basis of your argument, that some people drag on about a deficit as a bad thing, and you cite it has been worse, or as i put it, ( hasn't been as bad in the last year).

blaine, politicians do scare monger, look at the war on terror, but that doesn't mean we doing great does it? China of course may be telling it's consumers to reduce dollar holdings. Their central bank is also diversifying out of dollar assets, and so are soverign wealth funds in the opec country's. This is not a pipe dream. They have dollars saved up IMO for what would be best described by the carlyle memo earlier this year "called the buying opportunity of al life time" when the liquidity propping up the world asset markets runs out, and their is a rush for the exits.

as housing prices continue to fall (with the stock market) and consumer prices and the cost of living rise, what happens to a Service economy, dependant on consumer spending to maintain employment?

what happens when stock market growth is the result of cheap intrest rates and carry trades and deregulation, instead of earnings?

what happens when the markets are globalized and risk is spread everywhere yet is supposed to be minimized based on computer models that are made up of various absolute's and market assumptions? and then a credit crunch hits and bonds rates low risk turn out to be high risk?

what happens when tons of our jobs are outsourced to china, and india so businesses can continue to compete with global competition?

what happens when there are no more bubbles for fed to blow up and the consumer is too deep in debt?

what happens when a criminal organization manipulates gov't officals and own controlling share's in the major media company's, as well as have several inter-related institutions that create and determine the monetary policy for every nation in the g-8 (without the nations imput) and even get these gov'ts to be indebted ( loaned) the very money at intrest that they are legally entitled to print themselves.

And on top of it all only a small percentage of the people know and understand this ( or have the time to be concerned thanks to life being so fast paced, information hidden and manipulated , and entertainment marketed ( bread and circuses) which soaks up free time (which may be minimum when you are raising a family), and when told about the implications, will try their darndest to maintain their happy little comfort zone, and tell you, YOU are crazy. and the funny thing is perhaps an organization like this is only part of the problem and our human nature and greed is what manifested these problems.

these are not our father's markets, this is not our father's economy. America has been very resilient in the past, and it is not guaranteed to collapse, but 2008 will be a very sobering year, some people already know this, some people will find out. (sorry for being blunt, and believe me i hope i am proved to be wrong)


[edit on 21-11-2007 by cpdaman]

Originally posted by sylvie
The U.S. economy is definitely going downhill... there are financial analysts now who are not just expecting a recession (I think we're already in one) but another Great Depression. Hold on to your seats!

What I find interesting is that people always think our government and the Fed are stupid for doing what they do.

Recently I listened on Coast to Coast AM to Catherine Austin Fitts, a former government employee (Housing Department) and founder and president of an investment bank. She says the gov is definitely not stupid -- they make certain decisions for their own reasons and don't mind when the "great unwashed" think they're incompetent... which is better than the public knowing what they're really up to.

Another guest on Coast to Coast AM (I think it was Sean David Morton, remote viewer and financial advisor) recently said that the gov/Fed WANT the dollar to collapse to pave the way for the NAU and the Amero.

I might be paranoid, but I think our government is just plain evil, not stupid.

I agree. I think the next President will say in order to save our economy we have to switch to something like the Amero.

What I hope doesn't happen is the Amero is used as a currency that business uses to trade and the Amero trades against the dollar, Canadian dollar and the Peso.

If this happens much of America will look like Cuba. I know some like to blame the "evil" corporations for everything but most of them help expand our economy, create jobs and give many Americans the lifestyle they enjoy.

Just imagine if Americans don't get the benifit of the iphone or Google. They expand the economy but they would expand the economy for people in the business community and not Americans if this were to occur. We would be a third world nation and something like 100 dollars will equal 1 Amero.

Many Americans will be trying to make it to Europe on banana boats.

soon this guy will be tried for treason...

if dollar destine to go weaken,every investor will change dollar to other currency or oil. its rational option. no need to blame anyone other than US govment.

i agree only another war can save dollar which mentioned above. so Iran risks.

China will never be enemy to any other nation unless others force China to be. so, stop being paranoid fo find a better way to improve the imbalanced world economy.

if you want a war, dont get China involved for which will never be China's option unless core interests are invaded.

Originally posted by never_tell
soon this guy will be tried for treason...

Will? Uh, isn't he dead already, hello?

to the folks who say that collapse is impossible i have one question.

do you think the citizens of the Roman empire, Germany, the Soviet union, the Chinese dynasties.. etc though that they were to big to fail?


to the folks who say that collapse is inevitable:
if china wanted to "dump" the dollar, could they even do it?
from my understanding of a transaction, there must be a buyer and seller. Who would buy all those dollars?


one last thing:
can anyone find me a fiat based currency that HAS NOT failed within 50 years?
its never worked before, what makes the Fed think that the US is special?

We (US) need to do more things right if we expect a future. For example; if it is the plan to steal Iraqi oil, what's the holdup? Start pumping! Go ahead and steal it already. WTF.

reply to post by Sky watcher


It is unfortunate that you think this way, people don’t want wars my friend, and the only reason others are currently building up their forces is due to the American Government who is ultimately trying to control the world. Why would you even want to wipe another country out? Why would we need the best Navy or the strongest nukes, what good does that do to anyone or to the earth?

We forget that this earth is alive and living, and like a human body, the earth has a defense mechanism, no matter how big the army is, no matter how many weapons we have, nothing will save us from the destructive power of the earth. We are nearing this point, either we stop making war, or continue and be annihilated by the forces of nature.

The point is not having any country in flames, whether it is the US, China, India, Japan, Mexico etc. We are the population of the world, something a lot of people have not understood yet. Wars are meaningless and all come down to one thing, money, plain and simple.

Peace.

The problem with China is that they will eventually become free. They are doing great things but as their population becomes more wealthy and more educated they will eventually change their government and the way they live.

China cannot sustain its current growth with a slave economy without the masses growing restless. As some get wealthy and others become more slaves than people, they will revolt (maybe peacefully).

We could shred every dollar bill on the planet and the United States would still thrive though it would have some difficult time standing its own production lines back up.

The US does not really need the rest of the world. We are smart enough, intelligent enough, caring enough and free enough to see our way through.

The collapse of the dollar would just awaken the sleeping sheeples.

Our government and corporations are what is killing our nation through greed and deceitful politics.

This is why I will vote for Ron Paul. I do believe he is the only honest man running.

reply to post by Xeven


I agree that the collapse of the dollar would awaken the sleeping, but will you wait until then? Why not do something now before S hits the fan?

If most of you agree and see that the government and corporations are destroying this beautiful nation, why let it happen? Why sit and watch?
It is not their country, it is yours, it belongs to the people, without you all they have nothing.

FOOTPRINTS IN HISTORY AREN'T MADE SITTING DOWN

Peace.

Originally posted by Blaine91555

The dollars value was artificially lowered to combat the swiftly approaching problem of inflation. It could be turned the other direction and will be when the threat of out of control inflation has passed.

A strong Dollar and higher interest rates are the Fed's tools for containing inflation. In fact, the Fed paused in 2006 indicating that inflation was controlled...but they would continue to be watchfull

In the detailed FOMC minutes released this week, the Fed continues to indicate moderate inflation (1.7 % - 1.9 % for 2008 - 2009). I don't believe it, but it was their revised outlook on economic growth that caught everyone's attention. GDP forecast at 1.6 - 2.6 percent...down from their previous estimate of 2.5 to 3%.

This excerpt from the 'minutes summary' tells us that even their reduced growth projection is probably premature & optimistic:

“Most participants viewed the risks to their G.D.P. projections as weighted to the downside.”

What they are indicating here is Recession...meaning more rate cuts...further Dollar weakness.

Originally posted by Xeven

This is why I will vote for Ron Paul. I do believe he is the only honest man running.

Xeven...Ron Paul was interviewed this week from The Hard Asset Conference in San Francisco. He's concerned about a rapid decline in the Dollar.

Part One: On the Dollar

Part Two: On geopolitics


Wishing you a pleasant Turkey Day ATS'ers

Hmm interesting considering that ordinary Chinese don't have dollar accounts. So basically this article means absolutely nothing. Amazing how easy it is to lead people when they know nothing about a subject.

Originally posted by Xeven
China cannot sustain its current growth with a slave economy without the masses growing restless. As some get wealthy and others become more slaves than people, they will revolt (maybe peacefully).

Are you describing America here ? Because many people in America are closer to slaves than workers. God, I hope China doesn't go the same way.

We could shred every dollar bill on the planet and the United States would still thrive though it would have some difficult time standing its own production lines back up.

You obviously never took economics.

The US does not really need the rest of the world. We are smart enough, intelligent enough, caring enough and free enough to see our way through.

LMAO, the USA sucks in the resources of the rest f the world through massive borrowing. Believe me China has far more smart people than the USA. In fact China has more honors students than the US has students. China will piss on teh USA and take over soon enough.