The Dollar Is Losing Its Status
According to the August measures, the national unemployment
rate rose to 9.7 percent, the highest level since June of 1983.
Employers cut 216,000 jobs.
The Fed is still very concerned about the economy.
The employment situation is dire.
- A double-dip recession is a real possibility.
- Bad debt problems have not been solved
- The banking system is still on life support.
Most banks would go bankrupt if they had to
implement mark-to-market rules.
The U.S. now has a total of $7.9 trillion in liabilities to foreigners.
Washington’s debt is now ballooning at the rate of nearly
$1.6 TRILLION per year —
(MORE THAN TRIPLE last year’s record deficit …
and more money than we have circulating in actual currency).
The Congressional Budget Office (CBO) says the government will
create $9 trillion in NEW deficits over the next ten years.
Our leaders are now borrowing and printing every dollar they can
just to service this massive debt. This doesn’t even consider…
Washington’s massive $125 trillion in debt and unfunded obligations
to Social Security and Medicare.
Uncle Sam is spending money like there is no tomorrow.
The Dollar Is Losing Its Status as Global Reserve Currency.
Our trading partners in China, Russia, the Middle East,
and around the world are getting ready to do something about it.
They’re ready to Dump the US Dollar.
These assaults on the U.S. dollar are happening right now.
And as a result, the dollar’s value — the value of YOUR dollars…
- Has plunged more than 14% in the last 6 months.
The move away from the dollar won’t be quick.
There are trillions and trillions of dollars worth
of investments that have to be reallocated.
But once started, this juggernaut is hard to stop.
It’s already started in China! In the 21st century,…
China has become the big provider of new funds to the U.S.
A leading Chinese policy maker, said that his country’s
leaders were “dismayed” by America flooding the banking
system with money.
“If they keep printing money to buy bonds, it will lead to inflation,”
“So we’ll diversify incremental reserves into euros,
yen and other currencies.”
Washington’s decades of gross mismanagement of the economy
has made the dollar’s imminent demise PROBABLE.
And when it happens, everyone who has savings and investments
denominated in dollars will awake to find that a huge chunk of
the wealth they thought they had has vanished … Again.
In addition to a financial health crisis, Americans are also facing…
a Health Crisis.
The American Diet is Killing Us.
A growing obesity epidemic is quietly taking place.
2 out of 3 Americans…
are either Overweight, Diabetic or have Cancer
A simple way to eliminate chronic diseases is available.
Diabetes can be reversed or prevented with this method.
- The TRUTH EXposed! …
Why Americans are gaining weight and getting fat and sick.. .
http://RawFoodDietForHumans.com
TAGS:
American diet, CBO, Congressional Budget Office, Medicare, Social Security, unemployment rate
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