Priredila: Ljiljana Tatic
Upravo sada, dok čitate ovaj tekst, Federalne rezerve otkupljuju novi američki državni dug dolarima koje stvaraju iz vazduha, bez ikakvog pokrića.
Radili su oni to i ranije ali nikada ti dolari nisu bili namenjeni da se troše kod kuće. SAD su njima kupovale bogatstvo širom sveta i tako su sve zemlje malo po malo postale zadužene. Ali sada su preterali.
U nedostatku mesta na svetu koje može da nastavi da se zadužuje i servisira njihovu potrošnju, zadužili su i svoju kuću toliko da su počeli da štampaju novac da bi otkupili sopstvene dugove na očigled celog sveta.
To je gigantska Ponzi šema kakvu smo mi u Srbiji doživeli sabankama Jezde i Dafine. To je glavni faktor koji je doprineo padu vere u američki dolar.
Ceo svet danas posmatra američku vladu kako podešava budžetski deficit i svi gledaju Federalne rezerve kako štampaju novac…. Svet shvata da će finansijski sistem SAD polako ali sigurno da eksplodira
Dolar pada ne samo zato što se (ne)kontrolisano štampa već zato što svi gube poverenje u tu valutu. Dolazi dan kada će svet odlučiti da više ne veruje u američki dolar i u američki dug . Kada taj dan dođe, igra će biti završena. Tradicionalno , dva najveća oslonca koja je američka ekonomija imala su, američki dolar i američke državne obveznice . Američki dolar je podrazumevana rezervna valuta u svetu decenijama.
Širom sveta dolar je bio viđen kao jaka, stabilna valuta koji je poželjna za međunarodnu trgovinu. Dug američke vlade je dugo smatran za -najsigurniji dug- u celom svetu. Kad god je bilo velikih kriza , investitori bi hrlili u kupovinu američkih državnih obveznica.
Nažalost, sve ovo se sada menja. Danas svet gubi veru u SAD finansijski sistem. U stvari , čak i Ujedinjene nacije sada upozoravaju na kolaps dolara. Ali, ako američki dolar i američke državne obveznice kolabiraju, to će biti apsolutna noćna mora za američku ekonomiju, ali i za poverioce, najviše Rusiju i Kinu, mada ne manje ni za zemlje koje Americi izvoze naftu.
Ukoliko ostatak sveta ne bude više želeo dolar, šta će onda šta Amerika da im da u zamenu za svu naftu i svu jeftino uvezenu robu koja im stiže iz celog sveta? Ukoliko svet ne bude želeo da održava američki dug, kako će onda oni da nastave da troše mnogo, daleko, daleko više nego što su u mogućnosti da proizvedu? Kako će dužnik da se oslobodi duga koji ne može da plati ? Mislim da je bombardovanje Libije i zamrzavanje njenih računa, početak odgovora na to pitanje
When faith in US dollar and US debt is dead the game is over
A day is coming when the rest of the world will decide that it no longer has faith in U.S. dollars or in U.S. debt. When that day arrives, the game will be over. Traditionally, two of the biggest things that the U.S. economy has had going for it were the U.S. dollar and U.S. Treasuries. The U.S. dollar has been the default reserve currency of the world for decades. All over the globe it was seen as a strong, stable currency that was desirable for international trade. U.S. government debt has long been considered the „safest debt“ in the entire world. Whenever there was a major crisis, investors would flock to U.S. Treasuries because they were considered a rock. Sadly, all of this is now changing. Today the rest of the world is losing faith in the U.S. financial system. In fact, even the United Nations is now warning of the collapse of the dollar. But if the U.S. dollar and U.S. Treasuries collapse, that will be an absolute nightmare for the U.S. economy. If the rest of the world does not want our dollars someday, then what are we going to give them in exchange for all of the oil and all of the cheap imported goods they send us? If the rest of the world does not want our debt someday, then how in the world are we going to be able to continue to consume far, far more wealth than we produce?
The rest of the world is watching the U.S. government run up record-setting budget deficits and they are watching the Federal Reserve print money like there is no tomorrow and they realize that the U.S. financial system is slowly imploding.
As mentioned above, now even the United Nations is warning that the U.S. dollar could collapse. The following is a brief excerpt from a recent news report put out by Reuters….
The United Nations warned on Wednesday of a possible crisis of confidence in, and even a „collapse“ of, the U.S. dollar if its value against other currencies continued to decline.
In a mid-year review of the world economy, the UN economic division said such a development, stemming from the falling value of foreign dollar holdings, would imperil the global financial system.
But it is not just the United Nations that is concerned about the U.S. dollar.
On April 18th, Standard & Poor’s altered its outlook on U.S. government debt from „stable“ to „negative“ and warned that the U.S. could soon lose its prized AAA rating.
At one time, it would have been unthinkable for Standard & Poor’s to do such a thing.
But today it is amazing that it has taken them so long to make such a move. U.S. government finances are falling apart.
When the credit rating of U.S. government debt starts declining, interest rates will go up. Just ask the government of Greece how painful that can be. Today, Greece is paying over 16 percent on 10 year bonds.
The following is what John Williams of Shadow Government Statistics recently had to say about why Standard & Poor’s issued such a warning about U.S. government debt….
S&P is noting the U.S. government’s long-range fiscal problems. Generally, you’ll find that the accounting for unfunded liabilities for Social Security, Medicare and other programs on a net-present-value (NPV) basis indicates total federal debt and obligations of about $75 trillion. That’s 15 times the gross domestic product (GDP). The debt and obligations are increasing at a pace of about $5 trillion a year, which is neither sustainable nor containable. If the U.S. was a corporation on a parallel basis, it would be headed into bankruptcy rather quickly.
Look, the rest of the world is not stupid. They know that the U.S. government is hurtling towards financial disaster. The appetite among foreigners for U.S. government debt is decreasing rapidly.
In fact, according to Zero Hedge, foreigners are dumping U.S. debt at a very rapid pace right now.
In addition, the cost to insure U.S. debt has risen sharply in recent days.
Right now, the Federal Reserve has been buying up most new U.S. government debt with dollars that it has created out of thin air. This is a giant Ponzi scheme, and it is a major contributing factor to the decline of faith in the U.S. dollar.
The dollar has fallen by 17 percent compared to other major national currencies since 2009. What makes that fact even sadder is that all major currencies have been rapidly losing value compared to hard assets over that time period. The dollar is just sliding faster than almost all of the other global currencies that are constantly losing value as well.
Anyone with half a brain could have seen that this would be the end result of reckless government borrowing, but unfortunately our politicians have been ignoring this problem for decades.
Now a day or reckoning is fast approaching and it is going to be very painful.
The U.S. government has piled up the biggest mountain of debt in the history of the world. Just consider a few shocking facts about this unprecedented debt….
*If the U.S. national debt (more than 14 trillion dollars) was reduced to a stack of 5 dollar bills, it would reach three quarters of the way to the moon.
*The U.S. government borrows about 168 million dollars every single hour.
*If Bill Gates gave every penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days.
*It is now being projected that by the year 2021, interest payments on the national debt will amount to $1.1 trillion dollars a year.
In a previous article on The American Dream, I detailed some more absolutely horrifying statistics about U.S. government debt….
#1 If you divide the national debt up equally among all U.S. households, each one owes a staggering $125,475.18.
#2 The federal government has borrowed 29,660 more dollars per household since Barack Obama signed the economic stimulus law two years ago.
#3 During Barack Obama’s first two years in office, the U.S. government added more to the U.S. national debt than the first 100 U.S. Congresses combined.
#4 In the new budget that the Obama administration has proposed, the U.S. government would spend 3.7 trillion dollars in 2012 and by 2021 the U.S. government would be spending a whopping 5.6 trillion dollars per year.
#5 The U.S. government currently has to borrow approximately 41 cents of every single dollar that it spends.
#6 The total compensation that the federal government workforce earned last year came to a grand total of approximately 447 billion dollars.
#7 The U.S. national debt is currently rising by well over 4 billion dollars every single day.
#8 The U.S. government is borrowing over 2 million more dollars every single minute.
#9 The U.S. national debt is over 14 times larger than it was just 30 years ago.
#10 Unfunded liabilities for entitlement programs such as Social Security and Medicare are estimated to be well over $100 trillion, and nobody in the U.S. government seems to have any idea how we are actually even going to come close to meeting all of those obligations.
#11 If you were alive when Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now. But this year alone the U.S. government is going to go about 1.6 trillion dollars more into debt.
#12 If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.
So have our politicians learned anything from the mistakes of the past?
The U.S. government continues to spend money on some of the most ridiculous things imaginable. For example, the Department of Health and Human Services has just announced a brand new $500 million program that will, among other things, seek to solve the problem of 5-year-old children that „can’t sit still“ in a kindergarten classroom.
Isn’t it good to see the government investing our hard-earned tax dollars so wisely?
Of course if our kids weren’t being constantly fed foods packed with sugar, high fructose corn syrup and aspartame we wouldn’t have to spend 500 million dollars to deal with this problem.
When it comes to government waste, nobody seems to do it any better than the U.S. government.
Our politicians continue to assume that the rest of the world will always want our dollars and our debt, but that is simply not the case.
Over the past couple of years, global leader after global leader has publicly talked about the need for a new world reserve currency.
In fact, globalist institutions such as the IMF and the World Bank have been very busy discussing what the world is going to use as a global reserve currency after the death of the dollar.
The rest of the world is not sitting around waiting to see if the U.S. financial system is going to recover. They are already making plans for the demise of the dollar. They are increasingly using other currencies to trade with. They are becoming more hesitant to buy more of our debt. They are realizing that the days of U.S. dominance are coming to an end.
So what is that going to mean for us?
It is going to be a complete and total disaster.
Right now, we live far, far beyond our means. We borrow gigantic piles of money to make up the difference between what we produce and what we consume. We are absolutely dependent on the fact that the rest of the world will take our dollars in exchange for the things that we need.
The current situation is not sustainable.
It will come to an end.
The Economic Collapse
- S&P Warns On U.S. Debt, 50% Chance Of Downgrade (thenewspundit.com)
- S&P warns on U.S. debt, 50% chance of downgrade (marketwatch.com)
- Rating Agencies Inch Closer to Historic Downgrade of U.S. Debt (blogs.wsj.com)
- Rating Uncle Sam – S&P; follows Moody’s on U.S. debt (politico.com)
- Moody’s puts U.S. government debt rating on review for possible downgrade (sfgate.com)
- U.S. Treasury: China Has Decreased Its Holdings of U.S. Debt (lonerangersilver.wordpress.com)
- „When Faith In US Dollars And US Debt Is Dead The Game Is Over – And That Day Is Closer Than You May Think“ and related posts (dprogram.net)
- Why a collapse rather than a recession. (georgehachmyblog.wordpress.com)
- Moody’s Warning Pressures Markets (online.wsj.com)
- United States of America ‘AAA/A-1+’ Ratings Placed on CreditWatch Negative on Rising Risk of Policy Stalemate (prnewswire.com)
- The U.S. Financial System Dies (whitelocust.wordpress.com)
- S&P Echoes Moody’s, Puts U.S. On Negative Credit Watch (forexlive.com)
- U.S. AAA Rating May Be Cut by S&P on Stalemate Over Budget (businessweek.com)
- Asia Quietly Frets Over U.S. Debt (online.wsj.com)
- Asia Creeps Higher (online.wsj.com)
- Futures Movers: Oil gains as dollar falls on U.S. debt fears (marketwatch.com)
- S&P Warns That There Is A 50 Percent Chance Of U.S. Credit Rating Downgrade In The Next 90 Days (businessinsider.com)
- U.S. Treasurys briefly turn lower after FOMC minut (marketwatch.com)
- Bond Market Hits Snooze Button As Washington Pols Dicker Over Debt Limit (blogs.wsj.com)
- China urges Obama to cancel meeting with the Dalai Lama (theglobeandmail.com)