In the article:
JIM WILLIE: The U.S. Dollar Will Not Survive 2015!
The writer says:
“Normally a very big event occurs every several weeks, or every few months. In just the last three weeks, ten have taken place of significance. The pace has quickened in an alarming fashion. The Great Quickening has commenced. Something big, ugly, and nasty this way comes.”
I do not see the HUGE significance of every single bullet point (and it wouldn’t be right to repost ALL of them anyway) so here are some of his main points:
Russia jumped off the Petro-Dollar recycle wagon. Their entire oil trade will not be kept in USDollars. Instead, it will be exchanged immediately into Rubles. Expect some to be converted into RMB for their bilateral trade with China. The Russian action is an integral part of the demise of the Petro-Dollar. They react to US-led boycott.
The Swiss removed the 120 Euro peg to their Franc currency. For over three years their central bank had maintained a hoard of paper mache Euro currencies that accumulated perhaps as much as 800 billion Euros. It became unsustainable. They ran a long USDollar trade with short Gold, which finally will go into reverse. The Langley crew [CIA] had billions in SWFrancs stuffed in shrink wrapped palettes. They profited handsomely. The Swiss seem to have opened the gates of hell for the Gold market, and might have been slammed with a Gold margin call as leased gold bullion dried up.
The Greeks have prepared to exit the European Union and to default on debt. Their defiant Syriza party won a mandate, a clear leftist majority. Next comes some severe disruption. They might print money to pay off their external debt, which would be an ironic justice. Expect great repercussions within Greece into Europe, at the same time the Russians are passing a gas pipeline as carrot to Greece. With the pipeline will come valuable fees to the Greek nation. They will leave the European Union, with almost certainty. They will soon export food products to Russia, lifting the economy.
King Abdullah died and the transition for the royal family begins. He has been replaced by formerly crown prince Salman, who suffers from senile dementia, and will have a terrible time to hold power. The battle for succession has just begun, as rival tribes vie for power, after several decades of being excluded. The events inside Saudi boundaries will increase, turn more violent, and be highly disruptive. Pressure for reform will be fierce and unending.
Merkel has offered a trade union proposal to Russia, which discards the US-led TTIP trade pact. At the Davos Economic Summit, the German Chancellor actually offered a trade pact with Russia which implicitly rejected the US-led TransAtlantic Trade & Investment Partnership. The ironic part is that Merkel has proposed exactly what Russia & China have been developing for two years, known as the Eurasian Trade Zone. Germany is looking for a way out of the European Union.
The details for Gazprom pipeline extension through Turkey have been revealed, by way of the Black Sea, with volume stated in the plans. In a brilliant stroke, Gazprom decided abruptly to cut off Ukraine on the pipeline construction. It will not pass through Eastern Europe, where USGovt bribery, threats, and corrupt business plans were taking place to block plans. Instead, the pipeline will pass through Turkey, with announced hub on the Greek border. It is being dubbed Turk Stream. The construction will take at least 18 months. In the meantime, the European nations will have to struggle to find a way to connect to its gas lines, and to avoid wreckage from their errant destructive US alliance.
The USEconomy had an enormous miss in expected Durable Good orders. The list of job cuts and project cutbacks in the US, Canadian, British, and European Economies was six pages in length for a recent work toward the January Hat Trick Letter. It was refined to a few pages. It is a veritable procession of business failure from failed monetary and economic policy failure. The USEconomy is stuck in a multi-year powerful recession. QE aggravates the economic deterioration. Numerous major name corporations are making utterly huge astonishing job cuts, the most recent being IBM. Big banks and energy related firms dominate in such news.”
Some additional topics Jim Willie covers in this recent VIDEO interview are that Germany WILL get their gold back (which they have been demanding for years) and that gun confiscation is likely soon (which makes sense to do BEFORE the economic collapse that we see so much evidence for.
Even if we only consider Russia and other nations abandoning petrodollars and selling oil in rubles and renminbi and other currencies… and the Swiss abandoning their support for the artificially high value of the Euro… and the likely internal fighting in Saudi Arabia following the death of King Abdullah… those three alone are very bad signs for events in 2015.
If you think things are very likely to get far worse soon, read up on the perspective given by Bible prophecy:
Read – End Times and 2019 – and – Antichrist 2016-2019
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