It is bound to happen! Unbalance can just last for so long. The pace is speeding up though..
The West is pointing fingers towards China and Russia. (China owns most of US outstanding debt)
I'm not here to say to you "I told you so" .. I'm here to inform you about the struggle for our freedom that has been going on for ages.. (feels like Eons though).
Do as you whish with the information presented BUT do your own due diligence by researching facts. Nobody else will do it for you. The signs are however pilling up big time!
The current financial system is one of the greatest hoaxes and frauds pulled off. A small elite gets to do as they please and the rest has to do the hard work not even seeing the prison we are placed in. The monetary system is a control system nothing more nothing less. Only the strongest survive is the motto but that is only partially true. It's easy to play the game if you can alter the rules after you own fitting right?
That is exactly what has been and is going on here on Earth right NOW.
Banks create money out of nothing by issuing loans to us and place them as assets in their books charging interest for their efforts. They also have liabilities which is the deposits and money transfers they do for us and companies. They only have a fraction of "money" at hand which means they are at great risk if something unexpected happens as with the Lehman Brother crash.
This is perfectly explained here by Simon Black with an exerpt below from his article "Federal Reserve's net worth collapses 33% in two weeks". Yes this will have impact globally!
January 8, 2016
In case it weren’t completely obvious how completely screwed up the financial system is, please allow me to introduce Exhibit A: the Federal Reserve’s own balance sheet…..…..In the US, the Federal Reserve’s assets total $4.486 trillion, including more than $2 TRILLION in US government debt. The Fed also has total capital (i.e. net worth) of $39.5 billion.
That sounds like a lot. Until you realize that it constitutes just 0.88% of its total assets. Not even 1%!
This is a tiny, almost nonexistent level of capital at the Federal Reserve.
Put another way, the issuer of the United States dollar, the most widely used currency on the planet, and the central bank of the largest economy in the world, has almost no margin of safety.
This puts the entire global financial system at a tremendous level of risk….
…..But what’s really astonishing about all of this is how quickly the Fed’s balance sheet deteriorated. And why. Just two weeks ago, the Fed’s total capital was nearly $59 billion. And even that wasn’t very much given the size of its balance sheet.
Today it’s $39.5. This is an incredible 33% drop in just two weeks!….
….It turns out that Congress and the President passed a law last month called the Fixing America’s Surface Transportation (FAST) Act. We’ve talked about this one before– the FAST Act is supposed to provide funding for America’s highway system. But one of the provisions is that a US citizen can have his passport revoked if the government believes in its sole discretion that he owes too much tax. Crazy. And, buried deep within the nearly 500 pages of legislation is a neat little section demanding that Federal Reserve bank surpluses above a certain amount must be turned over to the United States Department of Treasury.
In other words, the US government is so broke that they’re now confiscating assets from the Fed, putting the entire global financial system at even more risk…….Governments are completely bankrupt. And even central banks now are being pushed into insolvency by the bankrupt governments they support.
Commerce between Europe and North America has literally come to a halt. For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America. All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving.
This has never happened before. It is a horrific economic sign; proof that commerce is literally stopped.
The reason commerce has stopped is simple: People are not buying things. When people do not buy things, retailers do not sell things, so they do not order more goods for stock.
When retailers do not order goods, manufacturers don’t make anything because there are no orders to fill. When manufacturers do not make goods, they don’t order raw materials for manufacturing.
When there are no orders for raw materials, commodities sellers do not sell raw materials. When no raw materials are sold, there is no shipping by large cargo ships, (or railroads or tractor trailers) to move anything.
Put simply, the global economy is LITERALLY stopping. Right now. Today.
How things go from this point forward is simple: Without sales, retailers are not even “turning dollars” so they will have to layoff employees and close stores. Without orders, manufacturers will have to layoff employees and shut down. When manufacturing shuts down, suppliers of commodities will have to layoff employees and cease operations. As all of this economic activity comes to a halt, then the disaster REALLY takes off:
When businesses are not even “turning dollars” they cannot pay back their loans. Retailers, manufacturers and commodities suppliers will begin defaulting on bank loans within 30 days. When enough of them default, it begins taking-out banks. As banks begin to fail, others will run to their banks to withdraw money for fear THEIR bank will fail too; and therein starts “bank runs.”
IMF, The World Bank and UN needs some new fresh clothes cause what to do? NATO was obsolete already when the Cold War ended thus running on fumes.
As I've stated before.. if 2015 was a kicker, I don't know what to make of 2016! But I got a hunch that it will be even grander for humanity.
My humanity finally be free from her clutches!! It's about time, we are the ones we've been waiting for!