The Dollar Is On a Tear as the Euro dies. EUR/USD hits fresh 12-year lows below 1.0750 and another headline is interesting: US dollar freight train crushing all in its path today. This is very simple to understand. First of all, all our trade partners in Japan, China, Europe, wherever, love running trade surpluses with the US. The US is extremely deep in debt to all other countries because of this and our central bank prints money like crazy which is why groceries are ten times more expensive today than 20 years ago. Even so, the trade deficit eats all these excess dollars and FOREX holdings of all other nations absolutely bulges with trillions of US trade dollars held out of circulation.
The elites of the EU and US decided unilaterally at the most recent Bilderberg meeting, to destroy Putin for harboring CIA whistleblowers and other actions that irritated the Real Rulers. The new Jewish head of the IMF, Christine Lagarde gave a cryptic speech about the “magic number seven…whereby she erased one nation of the G8—Russia! She marveled at how wonderful the magic was and how it would change the world. No mention of WWIII being the result of this magic.
PBOC Says No Longer in China’s Interest to Increase Reserves – Bloomberg: China now holds over $3.5 TRILLION US dollars. As well as $1.3 trillion in US government debt money. Money is simply pouring into China thanks to China’s very strong industrial base. Zhou Xiaochuan unlike his Japanese counterpart, has allowed the yuan to rise in value against the dollar while Japan has been permitted to do the opposite.
EASY READING CULTURE OF LIFE NEWS: OUTSOURCER EXECUTIVE TO BE COMMERCE SECRETARY « Culture of Life News 2
For years now, I have bitterly complained that the US trade representatives are not representing the US itself but rather, greedy internationalist corporate traders. Of course, the entire business of the Bilderberger people as well as the many think tanks like the Council for Foreign Relations, etc, are infested with people who want to make money for internationalists and not look out for the entire US. No nation, not even the US empire, can run continuous, ruinous trade deficits year after year for decades. Eventually, that nation will go bankrupt. The latest in this long line of traitors is the President of Symantec, a California-based IT company that is notorious for outsourcing labor. Continue reading