The day the dollar died
Posted: Sat Aug 06, 2011 11:22 pmkidman232 wrote:
Before posting a repeated reference, did a site search and found this previous post, so I will refer using this one.
The NIA has lost some credibilty in their motives, but the scenario shown within is completely realistic, and while scoffed at by some people when this came out, who didn't think the can could be kicked down the road two years, that two years is up and the events that are in play in the real world are essentially exactly at the same stage as in the video. The video discusses QE4 being planned, and some might say that QE3 hasn't yet happened. However, it has, just not by that name. It went by Operation Twist, plus non-publicized actions behind the scenes. The Chinese are just as pissed at us as noted, and OPEC is preparing for trade in other than USD.
Once truly widespread fear and doubt set in and initial attempts to squelch it fail, there is no stopping the spread into collapse.