Thursday, November 21, 2013

Twenty-three countries begin setting up swap lines to bypass dollar

GOING GLOBAL EAST MEETS WEST 
November 18, 2013  

 For several years, financial analysts, primarily those outside the mainstream of academia, have been warning that any day could be the black swan event that collapses the dollar, and ends U.S. hegemony as caretaker of the world's reserve currency. That day has finally arrived as on Nov. 18, a former head trader for a major financial institution issued a harbinger and stated that 23 countries, and 60% of the world's GDP, are right now setting up new swap lines which bypass the dollar, SWIFT, and the BIS, and will usher in a new global currency system which will kill the dollar.

The thoughts that are put into the minds of men that are aware of what is occurring on trading floors all over the world is when? When is also the question that I get asked about quite often by thousands of people. So what is the “when”? The “when” is what is the sure sign that this fraudulent sham that we call an economy is over? Folks the biggest sign is when those that trade in the dollar to acquire goods, no longer want the worthless paper because of US “bully” policies or they have totally lost faith in the US as a responsible steward of it’s currency and economy. That day has arrived.

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