Confusion Reigns: A Crash No One Sees Coming

There is 4.3 TRILLION USA petrodollars in the accounts of people, companies and nations who sure seem to want to devalue the USA dollar.

The valuation placed on oil and natural gas reserves in the warming Arctic is thirty five TRILLION dollars. This has Russia and China very interested in devaluation of the USA dollar which they assume could prevent the USA from continuing to act as policeman to the world.

Back in 2014 Mr. Jim Rickards gave the number for Derivatives at 117 trillion USA dollars. Forbes Magazine recently updated that number to 127 trillion for Derivatives.... .so in only five years another ten trillion was added in that manner.



Confusion Reigns: A Crash No One Sees Coming
Posted On Dec 20, 2018 By Byron King, Dan Amoss, Jim Rickards, And Nomi Prins

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I would also highly recommend his interview from back in 2014 for background on all this.




FORGET IRAN, IRAQ, UKRAINE
THIS IS WHERE WWIII STARTS...

 

I think you are confusing or merging two elements - oil reserves and derivatives, and I'm not sure why. As for Jim Rickards it seems he's trying to sell something. What is he trying to sell?

 

Its too bad that the republican takeover of congress during the clinton years failed

Those young republicans believed in limited government and a balanced budget

Now it may too late to save America from financial ruin

 

Yes.... of course lots of people want investors on Wall Street nervous.......
and this could be an attempt to make USA investors fearful...... because Wall Street depends so much on
Pessimism vs Optimism.......
but... let's face it... this does look quite serious!


Europe Unveils “Special Purpose Vehicle” To Bypass SWIFT, Jeopardizing Dollar’s Reserve Status


Russia Is Doing It – Russia Is Actually Abandoning The Dollar


China's 'petro-yuan': The end of the dollar hegemony?

 

Republicans just had Congress. How'd they do at balancing that budget?

 

I am attempting to put the whole thing together so that readers can get a better idea as to why China and Russia might be willing to risk so much of their own USA dollar reserves.........
in order to organize a gambit that could result in their getting much more of the oil and natural gas in the Arctic over the coming decades.

I believe that there is a connection.... . if we confined our view to the 4.3 trillion......
and did not look at the thirty five trillion dollars worth of oil in the Arctic....... then we would fail to see why certain people might risk their share of 4.3 trillion?

The 117 (2014) and 127 (2014) trillion in Derivatives is also connected because of course they make Wall Street investors nervous and therefore vulnerable to a scare.


To what degree are supposedly Green organizations being used to....

Sorry... I assumed this 127 trillion was a more recent estimate... No... this number also was from back in 2014.

You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

98,867 viewsJan 17, 2014, 07:00am

My guess as to what Jim Rickards is trying to sell... .is that he is really attempting to sell ideas..... but he uses the marketing of information as a cover...... for what he is really setting up. I think that he is deliberately make himself look like a mere salesman..... in order to attempt to set up avoidance of a potentially major crisis.

I think that he could well be no more of a salesman than one astonishingly brilliant guy who posted over thirty thousand messages to this forum:

Could paper money be gone by 2025 or 2032?

 

...

 

You are asking Americans and Canadians to master chess when they only have the foresight and attention span for checkers

 

They did lousy

And have talked campsign trash for 30 years

Each congress sees a new batch of true conservatives elected who want to keep those promises but have no power

And by the time to do work their way up through the ranks they have been changed and corrupted by washington

They came to change washington but it changed them instead

You can gloat over that if you want to but it makes me very sad

 

Actually...... . Israel has the technology .... Australia has the real estate in need of desalinated water........
and I have put out such an astonishingly simple plan that just about anybody can understand that every cubic
meter of ocean water that is desalinated and added to the water table of Israel, Texas, California, Australia, Qatar, Jordan, Tunisia or any other nation with lots of desert..... .is really good news for the residents of New Orleans, Miami, New York,
Bangladesh, The Netherlands and the owners of the land on the Isthmus of Chignecto here in Nova Scotia.


Should Sorek 2 be in Australia or California?

Where should Sorek 2 be located?

1. *
   Australia
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2. 
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3. 
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4. 
   Mexico
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5. 
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6. 
   Libya or somewhere else in North Africa
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7. 
   India
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8. 
   Lebanon and Jordan joint venture
   0 vote(s)
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9. 
   Texas, USA
   2 vote(s)
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10. 
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11. 
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Change Your Vote




Megascale Desalination
The world’s largest and cheapest reverse-osmosis desalination plant is up and running in Israel.



The geography in my part of the world forced me to think about all this a little differently than somebody whose home is a thousand miles inland.


If average ocean levels rose by eight to ten cms (3 or 4 inches) could high tide...

... rise by one meter in the Isthmus of Chignecto in Nova Scotia, Canada?
This question is logical because the geography of Canada's Bay of Fundy produces the world's highest tides. In my part of Nova Scotia in Guysborough County there is very little funnelling of tidal waters......... so high tide is only about one to one point five meters above low tide.

In the eastern area of the Bay of Fundy high tide levels are up by ten to fifteen meters.

 

Thank you, blaming one party over another for this mess is totally wrong. They both share the blame equally. None of them want to raise the revenue to support the services they want to provide to buy votes for their constituencies.
Whether it is the military industrial complex or social services, farm subsidies, oil subsidy tax breaks what ever.
Their idea of compromise is every politician gets what they want and we don't raise taxes.

 

Republicans (those who call themselves that but are not) LOVE big deficits and big Gov't spending.

The only reason congress and Clinton reigned in spending was because they had to.

Interest on the debt went above 25% of income (this is the bar to watch). When a nations interest/income ratio hits 30% - red lights start flashing and alarm bells go off at the IMF - water is coming into the boat faster than it ca be bailed out and if something is not done soon the ship will sink.


These jokers did not want to raise taxes and cut spending - they were forced to - there was no choice other than to let the ship sink.

 

Which was all set up rather nicely in 1974 because really flawed central banking policy needs to be done in both the Washington as well as the Ottawa Swamp for it to not become too obvious:


http://www.politicalforum.com/index...oples-party-of-canada.548753/#post-1070085168

 

Gee, let us bring some more illegals in and educate them and provide healthcare, food stamps, welfare benefits etc.
Freeze spending to 1/2 the GDP, Raise taxes by 2.5% across the board and get this ship in order. But until we get campaign finance reform and get the unions and corporations out of the process and term limits I don't see much hope. 25 years ago all we heard was the budget deficit from politicians, now none of them even mention it.

 

The republican leadership in congress have all exceeded the average shelflife of a conservative in washington

They have turned into washington swamp rats

 

Meanwhile China is building the worlds largest submarine force.

 

And American consumers are oaying for it

 

Even if this is true - so what?

I’m struggling to make a logical connection between this piece and the previous one.
And how would devaluation of the USD would prevent us from “acting as policeman of the world”?

Another piece that cannot be connected to the previous portion of your message.
What do derivatives have to do with Russia, China and international valuation of the USD?
And there is a very basic explanation for increase in derivatives that doesn’t involve alarmism.

Thanks, but no, thanks! We had enough of Ron Paul and his bovine excrement in the last 10-15 years.

Why? How do you come to such conclusion?

Honestly, this thread looks like it was written by someone who has schizophrenia. Throwing around words like Russia, China, USD and derivatives doesn’t automatically result in intelligent discussion.

 

He sells his books.
He might also have solid investment in gold and hopes for spike in gold prices. He himself claims gold is going to hit $10k “soon”. That would explain his alarmism.

Anyway, just another nut Ron Paul style.

 

The moon's been picking up stardust and putting on weight.

 

True.......
but this is actually the behaviour of a liquid within a container and the container..... the Bay of Fundy.....
is about one hundred and seventy four miles long........ So the previous high tide has not fully drained by the time that the next high tide wave comes in. Each new high tide piles on top of most of the previous high tide waters.

A somewhat similar phenomena can be observed in Anchorage Alaska that has North America's and the world's second highest tide levels.

https://en.wikipedia.org/wiki/Bay_of_Fundy

In a way there is an opportunity for residents of this area to reach out to the whole world to assist with the unique threat that they face.

The Sahara Forest Project...and saving New Orleans and Florida from rising oceans!

I personally think that our geography uniquely prepares us to come up with a plan that could begin a process that could lead to an economic boom in the Middle East...... and I believe a great decrease in hostilities there as well?


"Muslims Jews Christians Hindus mutual respect group" (Facebook)

I personally would like to see Canada, Israel, Australia and the USA working on all this together in such a way that the devaluation of the USA petrodollar goes no further than par with the Canadian Loonie, (which incidentally is very similar in value to the Australian dollar as well).


Should Sorek 2 be in Australia or California?

Megascale Desalination
The world’s largest and cheapest reverse-osmosis desalination plant is up and running in Israel.
Availability: now

 

Now I could be wrong......
I often am....
but my personal feeling toward Mr. Jim Rickards is that his being merely a sales person for his books..... is actually part of his "Cover." I believe that he was putting out information to the investor class in America.... in Canada and in the whole world for several reasons.......

1. If and when the USA came out with a new currency........ the investor class could say to themselves....... "Rats... I so wish that I had listened to that Jim Rickards guy!"

2. Non investor class but somewhat motivated people like janitor, DennisTate... could listen to the seemingly merely promotional video....... and also... I could feel that I had been fairly warned by one of the supposedly higher up....... The Jim Rickards / CIA economist!

3. The stage would be set for our QAnon blogger and internet guy......

 

Some of your questions will be answered if you read through this discussion........
but not all of them:

Proposed Republic of Western Canada and Unified Field Theory of M.W.P.

(Note.. that discussion is in the "Creative Corner" forum. Post #8 includes the original message that gave me the 4.3 TRILLION dollar figure... that got me started on all this).

Thank you for the schizophrenia compliment....... a lot of rather creative people fall into that category.

 

The so what part of your question is partly answered here?

http://www.politicalforum.com/index...oples-party-of-canada.548753/#post-1070133773


I really would so love to be wrong about what worries me but..... if a serious devaluation of the USA petrodollar can be arranged by the opponents of America......
I suspect that hundreds, if not thousands, if not tens of thousands of Americans, (especially those living in cities).... could well be injured or even killed in the potential civil unrest.

All of this will be a part of the trend foreseen by Pastor David Wilkerson back in 1973:



Could a real estate boom plus better Fed policy pay off USA national debt?

We Canadians feel a responsibility to be reasonably good neighbours..... We assisted in WWI, in WWII... and if Jim Rickards is correct that we are now in the economic part of WWIII... then of course we will again attempt to help out this time around as well.....

 

You can't smoke crack forever. The crack fiend knows this. You either up the dose until you overdose or withdraw temporarily and reset.

The latter will happen again and again because the system is based on smoking crack.