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In the Media

article imageOp-Ed: The US dollar could collapse in the near future

article:323259:45::0
By Eliot Elwar
Apr 19, 2012 in Business
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The US dollar (USD) could collapse within the near future. The USD could fall during the months of October or November of 2012 or shortly afterwards. It could be replaced by either a new global or North American currency.
According to about.com US Economy analysis, the USD collapse could happen when the dollar’s value falls rapidly. Many people who hold dollars may begin to panic, and sell their USD at any cost. The USD collapse means that many people are attempting to sell their USD assets, when there are no buyers for them, which could drive the USD’s value down to zero. A few conditions will exist before the USD collapse. There will be an underlying economic weakness, there will be an alternative currency for many people to use, and there will be a major event triggering the USD’s collapse.
According to Lindsey Williams, who worked with the financial elite on the Trans Alaskan oil pipe line for three years, he was shown the hidden plan to kill the U.S. dollar for the purpose of a global government. His account warned that by the conclusion of 2012 the dollar could be dead. This could lead to the greatest riots in U.S. history in the year 2013. The Mideast will erupt in apocalyptic violence because this was part of the plan by the global economic elites. The global elites seek to take away control of the Mideast oil from Muslim dictators. In other words, the elite plan on using the U.S. military to control Mideast resources. The elite will stabilize the economy worldwide with a new global currency, but America must first fall as an economic superpower.
Analysis
If the USD collapses, the U.S. and Western economies would all confront bankruptcy overnight. Second, the whole Western industrialized consumer financial credit system would collapse like a house of cards and the supply chain would discontinue and stores would empty within days. Third, worldwide currency panic would paralyze the global economy. Fourth, crime, rioting, and ethnic violence would erupt in the US due to joblessness, food shortages, and lack of economic resources. Fifth, a one-world currency would be demanded worldwide and it would be implemented globally. Finally, the collapse of the USD would mean the end of the American era as the world’s leading financial superpower. Europe, India, and China would replace America and Russia as the lead nations. The 21st century will belong to Europe, India, and China, while the US and Russia returns to isolationism as regional powers.
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of DigitalJournal.com
article:323259:45::0
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