Of all the information in this video, pay closest attention to the part about Chinese held debt and their move to no longer hold the US Dollar as the reserve currency. This will cause a backlash of interest spikes in the US economy that would make your dollar worth mere pennies at best. China is going to a gold standard that has previously only been held by pre-1970s America. We on the other hand have since left the gold standard and are currently in a time of extreme unbacked debt. We as a nation used to issue currency based on gold and precious metals being the security for said currency. Now we issue currency based on future taxes paid by and leaved on the working class citizens. This translates to indentured servitude of future generations of Americans.
Posted on: Tue, 23 Sep 2014 19:16:09 +0000
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