Showing posts with label dollar debasement. Show all posts
Showing posts with label dollar debasement. Show all posts

Friday, June 24, 2011

Top 5 Places NOT To Be When The Dollar Collapses

From Don't Tread On Me

...So this leads me to the Top 5 Places Not To Be When the Dollar Collapses.

1. Israel- This Anglo-American beach head into the Middle East was first conceived by the most powerful family in the world,the Rothschilds,in 1917. The Balfour Declaration said that there will be a Zionist Israel years before World War two and the eventual establishment of Israel. Israel has not been a good neighbor to its Muslim nations and has always had the two biggest bullies on the block at it’s back. When the dollar collapses,the United States will have much to much on its plate both domestically and internationally to worry about such a non-strategic piece of land. This will leave Israel very weak at a time when tensions will be high. This very thin strip of desert land will not be able to with stand the economic reality of importing its food and fuel or the political reality of being surrounded by Muslims.

2. Southern California- The land of Fruits and Nuts turns into Battlefield Los Angeles. 20 million people packed into an area that has no water and thus food is not good to say the least. Throw on top of the huge wealth disparities and the proximity to a narco state and this does not bode well. We have seen riots for Rodney King,what will happen when the dollar is destroyed and food an fuel stop coming into this area. People will get desperate and do crazy things,especially when a huge proportion of its citizens are on anti depressants. If food and fuel cannot get in,what about Zolfot? At a time when people’s world are falling apart they lack the ability to deal with this new paradigm. If people come off of these drugs too fast they suffer psychotic breaks and you will have thousands of shootings or suicides.

3. England- The Land of the Big Brother and former Empire of world wide slave and drug trade will suffer heavily. The stiff upper lip that their the British Elite ingrained into their sheeple will not work anymore as the British population explodes. The human character will sacrifice and unite for a foreign enemy,but not if the enemy has always been the Elite. The Anglo-American Empire may pull off another false flag to distract it’s population on another Emmanuel Goldstein like in 1984,but I feel this collapse will happen before they pull it off. This will make all eyes point at the British Elite as solely responsible for this catastrophe. We have seen massive riots for soccer matches with hooligans. What will happen when this island with very little food and fuel gets cut off?

4. New York City- Another large urban area living too high on the dollar hog. NYC is the area I moved out of in 2008. There is little doubt that all of the wealth in New York,New Jersey and Connecticut is derivative off of Wall Street wealth. The savings and investments of the whole nation and much of the world flows through this financial capital. As the world wakes up to the massive financial fraud,this will lead to the destruction of capital like we have never seen before. This will have tremendous effects on the regional economy as people driving in Mercedes suddenly wonder where their next meal is coming from.

5. Washington D.C.- The political collapse of the Federal Government will wreck havoc on the hugely inflated local economy. As more and more states find it necessary to assert their natural control,the Federal Government will suddenly loose power and importance as the whole world suffers from a Global Hurricane Katrina. The money that they create and spend,will become worthless and the government minions pensions will evaporate. Millions that once relied on the ability to force others to send their money to them,will learn that the real power has always been at the most local level. Massive decentralization will be the answer to globalization gone mad. Local families and communities will forgo sending money and power out of their community,as they will care about their next meal and keeping warm.

“You can ignore reality,but you can’t ignore the consequences of ignoring reality.” -Ayn Rand

To sum up,those areas that have lived highest on the hog in the dollar paradigm will most likely be the worst places to live when the dollar collapses. Many of you will find this article with passing interest,but rest assured this dollar collapse is coming. It is a mathematical inevitability. We will not be as fortunate to muddle through this collapse like we did in 2008 when it was a corporate problem. This time around,it is a national and global problem. The global Ponzi scheme has run out of gas as the demographics decline,as cheap abundant oil declines,as hegemonic power declines. This comes at a time when we reach the exponential or collapse phase of our money. The Irresistible Force Paradox says,“”What happens when an unstoppable force meets an immovable object?”We are about to find out,when infinite money hits a very finite world.

Monday, April 11, 2011

Jim Rogers: Dollar will be debased gold and silver to hit new highs

From India Info Line


Daily Bell: What about the wars America is prosecuting and its military stance generally? Affordable? Supportable?

Jim Rogers: Well it is certainly not affordable. America has got troops in over 100 countries and it is just making enemies and not helping America's standing in the world. As for supportable of course not! How can anybody justify America now getting involved in Libya? I mean if America is going to support opposition to everybody in the world we don't like, America is soon going to be totally bankrupt, even more bankrupt. Why are we supporting the guy in Yemen and not the guy in Libya? I can see absolutely no intellectual, philosophical, or even political justification for what we are doing.

Daily Bell: Can the US sustain the war in Afghanistan for another three years? Will it have success in Westernizing that country?

Jim Rogers: No, look at the size of Afghanistan; I don't think the guys in Washington have a clue how big it is. Sure, we can stay there for three years and spend huge amounts of money, human lives, and we are making our situation worse not better. So we can stay there, but it is only driving us further and further into problems.

Daily Bell: Is Pakistan being destabilized as a result?

Jim Rogers: It's been destabilized. We are making more and more enemies in Pakistan every day and this is giving more psychological support to the enemies. They have someone else to rail against, more reasons to rail against the US. Pakistan seems to be more and more unstable. They have nuclear weapons; they have a lot of people who don't like the US, and they have a lot of people who don't like India.

Pakistan is one of the ten largest countries in the world population wise, and it's in a very strategic area, I hope it's not going to happen; I hope they're not going to destabilize further, but this is how big wars start. People aren't worried, and then all of a sudden, everybody's in over their head.

Daily Bell: Some say the US is trying to surround China. Is there more military tension between the US and China these days? Is that a bad thing?

Jim Rogers: I don't know there's more military tension between China and the US these days. The US is in Pakistan, but the Pakistanis have been allies of the Chinese for a long time. If Pakistan is becoming more destabilized, then they are not going to be an ally of the US against China I assure you. No one in Pakistan is going to say, let's support the US against China.

Everybody knows the US is becoming weaker and weaker geo-politically and militarily. If Venezuela and Colombia went to war tomorrow, there's nothing the US could do. We're over-extended in every way. I think our real position is even weaker than it appears. We may be talking a good game, but China is developing on it's own, and since I don't see that they are doing anything that threatens the US militarily, I am perplexed with this question.

Politicians may be railing more and more about China, but that's a verbal encirclement of China, not a military one. China is the richest country in the world now and we are the largest debtors in the world. That accounts for verbal attacks. Pressuring China militarily won't change the equation.

Daily Bell: Where is gold headed? Silver?

Jim Rogers: Everything I have told the world about gold and silver is going to continue to happen. Eventually gold will be a couple of thousand dollars an ounce, and probably much higher, as currencies become more debased, who knows how high. Silver will definitely reach new highs. As I have said, the US dollar is in serious trouble, and will be debased a great deal in the future, and eventually will be problematical itself. So gold and silver will be measured by the US dollar but I hope there will still be some sound currencies no matter what happens.