Sunday, February 21, 2010

The Only Outcome

Alot of people ask me, do you really believe the dollar will collapse and civil unrest will run rampant? The answer of course is ABSOLUTELY the dollar will collapse!! This is the only outcome possible anymore, and here is a couple of reasons why....

1. In our economic system, money IS debt. Meaning the only way you can pay off your debt is if someone else takes on debt.

2. Fiat currency's have always collapsed, due to greed of the politician's and the printing press(or devaluing of the currency)

3. Our debt is so large the only way we could begin to try and pay it is if we inflate it away.


4. But the biggest reason is because there is not enough money in existence, be it paper FRN's or gold. The interest never gets printed, just the principal.


With our national debt at 12 trillion and our yearly debt to gdp at about 10% which is historically low, your thinking wtf right?

You would be wrong, total debt is anywhere between 50-70 trillion dollars.

US debt clock has it at 54 trillion right now, but i have heard estimates of up to 70 trillion, but we don't have hard figures on this as the fed does not allow outside audits of it's books.

http://www.usdebtclock.org/


Now when the boomers start to retire, how do you think we are going to pay for that? Social security is already running in the red.


http://www.pbs.org/nbr/site/onair/transcripts/social_security_100217/
GERSH: That's the
Heritage Foundation's David John. The administration's latest figures show
Social Security will pay out $34 billion more this year than it takes in from
tax revenues. John says that cash deficit is a warning Social Security is not
sustainable.

JOHN: This is just saying flatly, look, this is real. It's
happening. It's happening now.


The fed is buying up most of debt and worse yet, hiding it in the balance sheets as household buying.

Now get this, household bought 15 billion worth of us debt in 2008, but in 2009 household bought 700+ billion worth of debt.

Who believes this crap?


We must admit that we were surprised to discover that "Households" had bought so
many Treasuries in 2009.

They bought 35 times more government debt than
they did in 2008. Given the financial condition of the average household in
2009, this makes little sense to us.

With unemployment and foreclosures
skyrocketing, who could afford to increase treasury investments to such a large
degree?

For our more discerning readers, this enormous "Household"
investment was made outside of Money Market Funds, Mutual Funds, ETF's, Life Insurance
Companies, Pension and Retirement funds and Closed-EndFunds, which are all
separate reporting categories.

This leaves a very important question-
who makes up this Household Sector? Amazingly, we discovered that the Household
Sector is actually just a catch-all category.

It represents the buyers
left over who can't be slotted into the other group headings. Formost categories of
financial assets and liabilities, the values for the Household Sector are
calculated as residuals. That is, amounts held or owed by the other sectors are
subtracted from known totals, and the remainders are assumed to be the amounts
held or owed by the Household Sector.

To quote directly from the Flow of
Funds Guide, "For example, the amounts of Treasury securities held by all other
sectors, obtained from asset data reported by the companies or institutions
themselves, are subtracted from total Treasury securities outstanding, obtained
from the Monthly Treasury Statement of Receipts and Outlays of the United States
Government and the balance is assigned to the household sector." (Emphasis ours)

So to answer the question - who is the Household Sector? They are a
PHANTOM. They don't exist. They merely serve to balance the ledger in the
Federal Reserve's
Flow of Funds report.


http://www.docudharma.com/diary/18162/imploding-households-rescue-treasury-debt



Listen right now folks, you need to do everything you can now to get out of the dollar. Trade them for long term storable food, seeds,weapons,ammo,generators,water filters,etc.

whenshtf.com is a great source to help you get started, also i will be posting stuff i like on here for you readers.

Do not wait, China is not only buying less debt, but is selling some of the stuff it already holds.



China sold $34bn (£21.5bn) worth of US government bonds in December, raising
fears that ­Beijing is using its financial ­muscle to signal that it has
lost confidence in American economic policy.

http://www.guardian.co.uk/business/2010/feb/17/china-sells-us-treasury-bonds




Get out of the dollar now, while you can. If you have alot of money to protect and your already set up with everything you need for your family to survive for 6 months to a year at least, then i would suggest gold and silver coins.

Please do not wait till this happens and it will be to late for you and your family. This is going to happen, if you believe it or not does not matter. So prepare and survive, or dont and more then likely die.

But remember if you have failed to prepare, do not look to people that have prepared and expect them to take care of you, only hard times lead down that path friends.

If i'm wrong, you get to laugh at me. If your wrong, your dead.

You see with your own eyes what i'm saying is true, override the sheep switch put into your brain by the msm and the government propaganda.

Be ready brothers and sisters, the time is not far out.

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