NEW WORLD CURRENCY

 America is at the crossroads of Financial Collapse.  Larry Edelson, Editor of The Real Wealth Report; Managing Editor of Uncommon Wisdom, and Executive Director of the Study of Cycles, tells it all in a special report he has written.  There is a link below that directs you to that report that link is WAR ON THE U.S. DOLLAR.  This is a report everyone in the United States should read.


The United States of America is in excess of 11.8 trillion dollars in debt.  The annual interest payment on the debt is in excess of 335 billion dollars per year and the United States debt is rising every month.  The down hill snow ball is past the point of no return.


The downward cycle is not even close to slowing down.  As of this year their are 4 million Baby Boomers entering the system of Social Security, Medicare/Medicaid, Prescription Drugs and Federal Pension payments, for a staggering amount of 104 trillion dollars.  The government is in debt to the point that it will now take 8.5 years of all the worth of all the goods and services produced in this country by every man and women in the work force.  When you add the unfunded 104 trillion dollars to the 11.8 trillion the United States is in debt by January 1, 2010 in excess of $112 trillion dollars.  It is easy to see that the United States can not cover the debt.


History has proven that when any government reaches a point where spending, debt, and deficits all reach a level that is impossible to maintain then there is only one decision to make.  Force the currency to a value of almost zero, then you replace that currency with a new currency and you start all over under the new currency.  In the case of the United States this would replace the U.S. Dollar as a world currency to a new World Currency.


A version of this process was accomplished by President Franklin D. Roosevelt in 1933 with Executive Order 6102, by artificially raising gold prices to a whopping 69.3% d-valuating U.S. Paper Dollars to kick-start asset reflation. 


Since January 2002 the value of the dollar has decreased by 36%, 14.3% of the decrease has been since March 2009.


The process of collapsing the U.S. Dollar has already started. The next steps will be huge rising prices, and the value of gold and silver probably doubling until the U.S. Dollar will be worth zero, then the world currency change will take place, debt will be reset and the New World will begin.


If we can not stop the current administration from spending and increasing the debt now over the next 12 months, there may be no way to stop it.