The Great Exit Strategy!? The Fall Of The US Dollar!

The US empire seems to be repeating all the mistakes that empires before it has made. I've recently brushed more up on monetary history details, and it becomes clear that the US is doing what The Greek Empire, The Roman Empire, multiple Chinese Empires did from 1000'-1600's. The French during the Mississippi bubble and the French Revolution. The British Kingdom and many more.

Their government has accumulated mass amounts of debt. Printing lots of currency, having a vast military and having a big government with lots of corrupt politicians and bureaucrats. The US has also heavily financialized the economy like the French and many before them. When you get to the point in any fiat economy where inflation is high, and you need to financially engineer the financial assets to be able to create a return that beats the inflation instead of innovation and RND by businesses.

The global economy has failed with the US Federal Reserve at the centre. The US has been shipping all of its debt overseas. With China, Japan and Ireland.

About $6T of US Government bonds is held offshore. Here are the rest of the US Bondholders:

Entity U.S. Debt Held (Billions)
Foreign/International $6,154.9
Federal Reserve $2,490.6
Mutual Funds $1,524.8
State and Local Gov'ts (incl. pensions) $899.4
Banks $620.3
Private pension funds $549.1
Insurance Companies $344.8
U.S. Savings Bonds $165.8
Other $1,449.1

These numbers are from September 2016, and since then there has been an additional $2T+ created through US Deficit spending. While the US will continue to ramp up, it's deficit spending with over $210T in Unfunded liabilities. That is money promised to the population in different welfare programs like social security. This money is rapidly coming due as more and more people are retiring.

There is also a move away from using the US Dollar for trade by other nations. Here is a list of the many countries who have chosen to get away from using the US dollar in global trade. http://www.primevalues.org/gctb-countries-phasing-out-us-dollar.htm#.Wta4CojwbIU Countries like Iran, Venezuela-Russia, Australia-China, China-Brazil and China-Japan bilateral trade agreements show how the world sees the US Empire has ended and are trying to restructure the society of trade using their currencies for trade. Of course, China has also started to trade Oil Futures as well last month on the 26th of March.

There is not only the world that is losing faith in the US Dollar more and more people living in the US itself is starting to see the dangers of the failing US Dollars. With potential $6T of foreign Central Bank held Bonds flooding into the US economy the US is headed for a default/hyperinflation. But before that, the US is more likely to have massive deflation from the mass defaulting of debt obligations by many State and City governments. That's on top of the US Federal debt issues.

With debt being used to prop up the US economy more and more states are smelling the problems of Bond sewage sloshing around in the US. They have not only a Government debt problem, but also a personal debt problem.

With countries like Japan and Russia selling off their US debt holdings, there are more risks to come as the US needs to print more currency to keep their government alive.

There is not only US government debt, as shown above, there are over a Trillion in Student Loan debt and also US auto loans. People in the US is heavily indebted, and the banks have been taking advantage. With banks creating debt derivatives amass. From Auto Backed Securities(ABS), Collateralized Debt Obligations(CDO), Collateralized Loan Obligations(CLO). These are used by banks to hide the bad loans off their books in Corporations called SPE and SPV's. They have also had the FED bailing them out buying Almost $2T in Mortgage Backed Securities from the last crisis to keep the banks afloat.

The only real protection for US citizens will be the good old wealth insurance metals gold and silver and other precious metals, commodities like food and water and cryptocurrencies. Anything that is on the outside of the US financial and monetary system will save you. It is, of course, my opinion, but don't believe me and do your due diligence as I'm pulling historical data from other currency collapses throughout history.

Peace, Love and Voluntaryism,

John