by
Dave Hodges
I despise the Federal Reserve and those who have run our economy into
the ground. However, those of you who think that abolishing the Federal
Reserve is the key to eliminating the oppression of the American
people, are sadly mistaken. Right now, the only reason you have a job
to go to, a roof over your head, and food on the table is because of the
Federal Reserve. I have some really bad news, the people associated
with “The end the Fed movement”, our survival depends on the Federal
Reserve and the rest of the Western banking establishments to survive in
the upcoming months. No, I have not sold out, but I would suggest
reading on and thing about taking a “graduate” course in prepping
because I am not sure the West can survive what is unfolding.
The Birth of the Petrodollar
Before explaining how imperiled our economy is, I have to start at
the beginning for people who do not understand the significance of the
Petrodollar. The Petrodollar is the baseline of our economy and it is in
big trouble.
A novel system for monetary and exchange rates were established in
1944. The Bretton Woods Agreement was developed at the United Nations
Monetary and Financial Conference held in
Bretton Woods, New Hampshire, from July 1-22, 1944. This conference established the US dollar as the reserve currency of the world.
The Banksters (e.g. Rockefellers’) reveled in their new found
fortune. As a result of the Bretton Woods Conference, all nations
desiring to purchase Middle East oil had to first purchase dollars and
use these dollars to complete the purchase of oil.
Nearly everyone inside of our country benefited from this system.
Americans basically enjoyed a stable currency minus the inflation rates
of about 5% per year which served as an informal tax that went into the
Federal Reserve banksters’ pockets. Thus, the Petrodollar was born. If
the Petrodollar was to ever be successfully undermined, our currency
would sink faster than a submarine with screen doors because there is
nothing backing up our money. Put on your life jackets because the ship
is sinking fast. The BRICS, led by Russia and China, are growing in
influence by leaps and bounds and they are months/years away from being
able to effect a collapse of the United States economy.
Since 1944, America has become the most hated nation in the world as
we have dominated every single economy on the face of the earth, until
now!
The Tables Are Being Turned On the West
The haughtiness of the West as they impose sanctions on Russia over
Ukraine is almost laughable. The sanctions are a boomerang in disguise
and will come back at us to destroy the American economy which will lead
to World War III.
At the heart of the American economy and the Petrodollar is energy
and Russia and China just cemented an agreement where they do not need
the dollar. The
Russia –China US $400 billion energy deal,
signed in May this year will by 2018 have some 38 billion cubic meters
of gas flow through the so-called ‘Holy Grail’ pipeline from the largest
gas producer, Russia, to the largest energy user, China. This deal is
many things at once: It is, of course a symbolic step in the process of
decoupling hydrocarbon trading from the dollar, as it foresees payments
in local currencies, rubles and yuan. It sidesteps the Petrodollar for
hydrocarbon trading. Over one-third of the planet just moved away from
the dollar when this recent deal was cemented.
This one deal spells the end of dollar dominance on the planet. Much
of the economic exchange between the two countries will be conducted in
gold instead of the dollar.
The
BRICS
have set up a new development and investment bank for all of the
BRICS countries. The banks will be headquartered in Shanghai, China,
with the first president of the bank will be from India. The BRICS
nations, of course, are a group of emerging economies and draws its name
from the five member countries – Brazil, Russia, India, China and South
Africa. BRICS is also considering starting a joint infrastructure fund
with an initial capital infusion of around $100 billion to begin
investing in each other’s transportation, water and sewage systems. This
formerly would have been funded by the World Bank with its cronies in
corporation like Bechtel Corporation swooping in to dominate countries
in places like South America to construct infrastructure with interest
rates typically reserved for Mafia loans. The net effect was that these
countries (e.g. Bolivian and Chilean water systems) would enslave the
governments and the local populations to the World Bank. These days of
imperial capitalism are numbered and American corporations are going to
take a major hit because of this deal. There is a serious discussion of
issuing a combined currency between the BRICS which would be used in
international trading.
The scope of this deal has spread to Pakistan, Iran and Turkey. This
is highly significant because if Turkey is lured into this group, NATO
will be undermined and a significant military threat to Russia would be
eliminated with regard to the coming World War III.
The BRICS See Through the Facade of International Terrorism
Sources close to the BRICS are openly stating that ISIS represents terror, Western style. and the
Washington is behind ISIS.
Further, they believe that all the present conflicts in Syria and
Ukraine are part of a Western conspiracy to prevent consolidation of the
BRICS collective economic and military power.
The BRICS further believe that the economic health of the United
States is terminal and America’s economy is nothing but a mere house of
cards. BRICS sources like to boldly state that the American economy
consists of more than 50% of the war and security industry and related
services and industries on planet and that this not sustainable. In
other words, the “
US has a GDP based mostly on destruction“.
To the BRICS, the end game for the U.S. is to start a World War with
the hope that after various countries has been reduced to rubble and
its citizens massacred, that the American corporations will swoop in
and rebuild what’s left over from war. The BRICS like to quote former
World Bank President Robert Zoellick, and his former statements, to
this end.
The stated goal of the BRICS is to use their collective economies to replace the dollar as the world’s reserve currency.
The dollar is viewed by these nations as an instrument of oppression
and the Federal Reserve sits at the head of the table known as
imperialistic oppression.
American Sanctions Against Russia Threatening World Peace
While our country remains fixed on the controversy involving the
shootings of unarmed black men in Ferguson and New York, the United
States and its Western allies have stepped up sanctions against Russia.
The Russians are the backbone of the BRICS and crippling their economy
is the goal of these American led sanctions. The Obama administration
would like to see a portion of the Russian military tied up in a
Ukrainian civil war while Russian gas exports, in which over 60% which
runs through Ukraine, needs to be disrupted in order to bring Russia to
her knees.
Yesterday, RT reported that the U.S. and the EU are trying to
remove Russia from SWIFTmoney
exchanges in an attempt to cripple their foreign trade. Russia Today
has called this an ultimate act of war and Russia will respond
accordingly. This move clearly demonstrates the desperation being felt
by the Western banks.
As I stated earlier, I despise their very existence and what they
have stood for which is economic enslavement and endless wars of
occupation. Remember, all wars are banker wars. However, let me repeat
one point; do want a job to go to, be able to pay your mortgage and put
food on the table? If the BRICS are successful, we would have total
anarchy in this country and we are months, not years away from this
possiblity.
All of these facts are clearly being obfuscated by the main stream
media as I would venture to state that 99% of our citizens have never
heard of these developments.
War Is the End Game
If the BRICS are successful and the dollar is going erode to the
point of economic collapse, does anyone really think that the Western
banking establishment is simply going to let this system go up in smoke?
War is the end game if the Federal Reserve, the World Bank, the IMF and
the major banks of Europe cannot cripple Russia with the onslaught of
sanctions. And finally,some readers are going to write to me and ask
when all of this going to happen? It is prudent to act as if it is going
to happen tomorrow. You, as an American, need to become as independent
as quickly as possible.
I would not make the mistake of looking at the calendar in terms of
knowing when the end is coming for the United States. I am instead
focused on watching events which foretell the time when the West has no
choice but to start a war with the BRICS. As a marker, I would watch the
events inside of Turkey and Germany. If either, or both, leave NATO, I
would look for hostilities to commence immediately. This possibility and
the variables behind the coming war will be the topic of the next part
in this series.
