The signs have been highlighted over the years, the experts
have shouted warnings, but Americans
insulated by the MSM with stories of how the dollar is strengthening, the
economy is growing again, were the last to be told that the age of the US Dollars
dominance across the globe, is at an end.
Historically world reserve currencies have lasted
between 80 and 110 years, the US Dollar has held that status for 94 years and
one specific event just occurred that put the final nail in the Dollar’s coffin
as headlines scream “Europeans defy US to join China-led development
bank.”
Despite the Obama administration’s “incompetent, distracted, ham-fisted,” attempts to prevent European allies from joining a
China-led international development bank, Britain, France, Germany and
Italy have all agreed to join, a decision that evidences what Huffington
Post calls “America’s decline.”
Today, that same ally has decided that history has turned a
corner. The U.S. can no longer dominate world history. A new power has also
arrived. The British, like most other middle powers, have decided to hedge
their bets and work with China as well as the U.S. But this is also a matter
of survival. If London does not serve the financial and economic interests
of a rising China, it could become sidelined in the 21st century. Hence, the
British have no choice but to work with China.
Via FT: The European decisions represent a significant
setback for the Obama administration, which has argued that western countries
could have more influence over the workings of the new bank if they stayed
together on the outside and pushed for higher lending standards.
Tyler Durdin from Zero Hedge concludes “Bottom line: this isn’t theory or conjecture anymore.
Every shred of objective evidence suggests that the dollar’s dominance is
coming to an end.”
On March 10, 2015, ANP published an article titled “The Hour Is Late, The Danger Is Grave — Will Civil Unrest
And Martial Law Come To Pass In America?”, in which we made the following
statement and asked a question:
It is not a matter of if the Dollar loses it’s status,
but when. Whether it is tomorrow, next month, next year or in the next 5 years
(doubtful it will take that long), the dollar will be replaced.
Which brings us to the headlined question of “Will civil
unrest and martial law come to pass in America?”
We pointed out that when economies collapse, it is generally
followed by social chaos, civil unrest and sometimes a breakdown of law
and order; just looking at what is happening in Venezuela now, food shortages,
military guarding grocery stores, limits on what people can purchase,
riots and protests, gives us a glimpse into our possible future.
It is no longer a question of should Americans prepare,
it is now a question of how prepared are they for what is coming?
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CommentsAll countries have bought and held dollars to buy oil on the global market and conduct international trade. As the dollar is uses less and less, fewer dollars will be bought. While we we’ve been busy pissing away trillions on Communist pipe dreams, China has been buying gold to strengthen its Yuan.Instead, we allowed Obama to usher in unsustainable debt and depression.Norb Leahy, Dunwoody GA Tea Party Leader
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