[Shadow_Group] Fw: WHAT THE COLLAPSE OF THE US DOLLAR WILL MEAN TO THE WORLD

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FYI 

  
    
WHAT THE COLLAPSE OF THE US DOLLAR WILL MEAN TO THE WORLD 


Over the last few days there has been a number of articles in the media
about the steady decline of the $US against the Euro.While many
economists have forecasted the possiblity of the dollar declining against
the Euro for sometime, most do not comprehend the significance of
this.Some believe that the decline of the dollar against the currencies
of American's trading partners will help correct the USA's trade deficit,
and the dollar will stop falling when the trade imbalance is
corrected.However, the evidence is that the opposite is happening - the
$US has declined 40% against the Euro over the last 2 years, and during
this time America's trade deficit has continues to deteriorate. 


There is now nothing the USA can do to prevent the collapse of its
currency, and its economy. It has no reserves to support its value, and
has the most indebted country in the world, is dependant of the credit
from America's former enemies.Over the last couple of days, both Russia
and China have said they will be switching their considerable dollar
reserves into Euro.This will only hasten the lack of confidence in the
dollar, creating a global lack of confidence in the currency, and setting
into free-fall.It will soon bring about the total collapse of the dollar,
and the American economy. 


The collapse of the dollar will throw the world into a global
depression.Those nations with large external debts will not be able to
trade sufficiently to earn the income to service their debts, and will
slide into bankruptcy.The economies of New Zealand, Australia, Canada and
the UK will also totally collapse, as a result of their indebtedness and
not being able to service their borrowings.It will result in the
Anglo-Saxon nations facing abject poverty, our people facing starvation,
and a total break-down in society.Crime will become rampant.Law and order
will cease to exist.Disease will become widespread. 


The Asian economies, which have depended upon American trade, will also
be severely affected.However, they will recover after a period, but only
after considerable political and economic turmoil. 


The EU will be in a much better position to survive the coming economic
chaos.An influx of capital into the Euro zone by those selling dollars
will provide the funding for rebuilding the economies of the new United
States of Europe.However, the collapse of the $US will still severely
affect the already depressed German and French economies.The resulting
economic turmoil will create the need for the acceptance of a strong EU
leader, who will be able to make the necessary political and economic
reforms to enable Europe revive their economies.Those nations that accept
the new EU Constitution will come under the control of this new leader,
creating Europe as the world's new Super Power. 


The Euro will become the world's only reserve currency, creating the
means for the new United States of Europe to become the dominant economic
power in the world.The new Europe will be able to dictate the terms on
how the global economy should be run.They will take over the
administration of America and Britain, placing the Anglo-Saxon people in
bondage for repayment of their debts. 


Americans do not appear to comprehend the bitterness that has grown
around the world as a result of their illegal invasion of Iraq.While once
Europeans looked up to, and admired America; today it is held in utter
contempt for its arrogance and warmongering. Anti-European comments in
the American media have only added to this hostility towards the US.
America's attempt to impose its version of government on the world, its
hypocrisy in claiming to be the moral leader of the world, while flooding
the media with degenerate filth and garbage, has bought upon it disgust
and contempt that few Americans can comprehend. 


We are about to enter a time of tribulation for the Anglo-Saxon
people.Some will ask why God has allowed this to happen to us.The answer
is that as we have rejected God and His Laws, so He has allowing us to be
punished for our sins. 



Bruce Porteous 

bruceport at xtra.co.nz<mailto:bruceport at xtra.co.nz> 

24 November, 2004


  
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