SUBSCRIBE to ELITE NWO AGENDA for Latest on GOLD / SILVER / FIAT CURRENCY / U.S. DOLLAR COLLAPSE http://www.youtube.com/EliteNWOAgenda
STRONG U.S. DOLLAR - Why is the USD So Strong?
Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so much in such a short period of time. That was in mid-2008 – just before the greatest financial crash since the Great Depression. A surging U.S. dollar also greatly contributed to the Latin American debt crisis of the early 1980s and the Asian financial crisis of 1997. Today, the globe is more interconnected than ever. Most global trade is conducted in U.S. dollars, and much of the borrowing done by emerging markets all over the planet is denominated in U.S. dollars. When the U.S. dollar goes up dramatically, this can put a tremendous amount of financial stress on economies all around the world. It also has the potential to greatly threaten the stability of the 65 trillion dollars in derivatives that are directly tied to the value of the U.S. dollar. The global financial system is more vulnerable to currency movements than ever before, and history tells us that when the U.S. dollar soars the global economy tends to experience a contraction. So the fact that the U.S. dollar has been skyrocketing lately is a very, very bad sign.
Most of the people that write about the coming economic collapse love to talk about the coming collapse of the U.S. dollar as well. But in the initial deflationary stage of the coming financial crisis, we are likely to see the U.S. dollar actually strengthen considerably. At present, US dollar accounts for roughly 61% of the world’s foreign exchange reserves.
It’s still a safe bet for most, not because the currency is actually strong, but because so many others are already so reliant on it.
dollar usd "u.s. dollar" currency money cash forex "forex trading" euro euros "financial crisis" value debt "united states" u.s. usa america economy investment investor interest "interest rate" oil 2015 2008 2016 profit savings "savings account" banking "bank account" salary jay-z loan "credit card" growth business japan import europe gold silver bullion "gold coin" "silver coin" "stock market" "elite nwo agenda" dollars payment "forex broker" commodities zero hedge alex jones infowars rant jim rogers demcad marc faber rt rich dad poor dad gerald celente louis farrakhan lindsey williams jsnip4 montagraph rawdogletard perth mint silver porn pawn stars american pawn
Between those with reserves in and pegs to the US dollar, many countries have given their allegiance, and now have a vested interest in the health of the currency. Trade volume between China and Russia will reach $100 billion (600 billion renminbi) next year, and is expected to reach $200 billion in 2020. This latest currency swap agreement will greatly reduce the need for dollars in their transactions. Let’s start with oil. Over the past couple of weeks, we have seen a nice rally for the price of oil. It has bounced back into the low 50s, which is still a catastrophically low level, but it has many hoping for a rebound to a range that will be healthy for the global economy.
One thing that could greatly accelerate our economic problems is the crisis in Greece. If there is no compromise and a new Greek debt deal is not reached, there is a very real possibility that Greece could leave the eurozone. The euro and the dollar are nearly trading one for one, as the EU single currency continues to fall to new depths after the announcement of the ECB’s quantitative easing, the €1.1 trillion bond-buying program launched Monday.
The State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’ currencies. Earlier this week John Williams warned that hyperinflation will begin to appear in America sometime in 2015. He noted that, though the dollar is currently strong compared to other fiat money, signs that a currency collapse is coming will begin with the sell-off of the U.S. dollar. So don’t be fooled by all of the happy talk in the mainstream media. They did not see the last crisis coming either.
STRONG U.S. DOLLAR - Why is the USD So Strong?
30 views
Uploaded by:
Vaughn Carey
•
Category:
Business
•
Added on
14 March 2015
Description
SUBSCRIBE to ELITE NWO AGENDA for Latest on GOLD / SILVER / FIAT CURRENCY / U.S. DOLLAR COLLAPSE www.youtube.com/EliteNWOAgenda
STRONG U.S. DOLLAR - Why is the USD So Strong?
Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so...
STRONG U.S. DOLLAR - Why is the USD So Strong?
Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so...