The Next Global Financial Disaster

The next Global disaster is coming and it's a matter of time before the free fall of the global economy. The Debt bubble will burst or to be more specific, the U.S Dollar bubble. Allan Greenspan as he was the FDR chairman described the current debt fueled economic model in the U.S as unsustainable. It is easier to create an economic bubble than to sustain it. And this is what is going on in the American economy, creating bubbles. Then we have the bubble guys or the bubble experts using the method of hit and run, collecting their profits before the bubble explodes in every other fool's face.

France declared that the last of their gold reserves in the U.S arrived in France. I mean we know the reason why Donald Trump has a red eye from France. He hates them, and keeps talking about how the American army is protecting Europe in exchange for nothing. Even during the recent war on Iran, Europe kept their distance. But we need to note that the gold reserves in countries like France or Britain mostly is an accumulation of the colonial era. It was stolen from the colonies in Egypt, Sudan, South Africa, India, Morocco, Algeria, Syria, Lebanon and others. Now Trump is planning how to steal the thief's gold.

I read a few books for James Rickards, an American author and financial expert who was working with top government agencies. He was talking about how China could bring down the U.S on its knees without firing one bullet using the Derivatives and other financial instruments. China has a financial nuclear bomb, 3 trillion of financial papers and debt bonds. Maybe 50% of it by some estimates is American treasury bonds. China wasn't buying much American treasury bonds recently, but is selling slowly and steadily.

James Rickards should be taken seriously. He was working as a consultant and economic expert for the CIA. They conduct a financial war experiment in The Applied Physics Laboratory, a top secret facility located half way between Baltimore and Washington as he described in his book "Currency Wars." Now maybe he was writing a commercial style book or maybe he knows something or has the green light to describe his work at a top secret facility. In my opinion, he should be taken seriously according to recent events, especially the war on Iran and its consequences.

He was talking about interesting information. The price of gold could approach 10000 U.S.D/Ounce and even 50000 U.S.D/Ounce. He was talking about an American president declaring an emergency, seizing the foreign gold in U.S vaults and paying back with freshly printed, inflated value American dollars. That is a dangerous decision to make. In my opinion, it is possible that Donald Trump will do it. He is the perfect candidate for such a foolish thing. It is like declaring a worldwide financial war or he may have already started such a step through the tariffs. And it is possible that France predicted such a step or they have specific information that they got their gold reserve back from the U.S.

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