In Part 2 of his most EXPLOSIVE interview ever, Hat Trick Letter editor Jim Willie was on fire, dropping numerous new BOMBSHELLS for SD listeners:
- Dead Petro-Dollar Event Coming– Saudis set to announce the acceptance of ANY CURRENCY for oil, ALL OPEC Nations to Follow!!
- US Economy in Free-fall- stark evidence screaming full collapse ahead as monetary velocity plunges to 20 year lows!
- QE has been a dead-weight millstone on the neck of the US economy- true purpose is to collapse the US economy and institute global fascism!
- And Willie’s MOST SHOCKING CLAIM EVER: Japan, Saudi Arabia, France, & Germany are preparing to turn against the US, & join the Chinese/Russian Alliance!
Jim Willie’s full MUST LISTEN interview with The Doc is below:
Lets get right into the big story Jim: You’re predicting some major US allies to swing away from the US?
- Germany for technology, investment capital, business connections to Russia & China
- Frankfurt RMB Hub for bond trading and Yuan currency convertible function
- German corporate support turned East, while German bank support always West
- 3000 German companies doing business in Russia
- As Germany goes, so go France, Netherlands, Austria
- Expect Frankfurt to eclipse London in bond trading over time
- Turkey for gold intermediary function
- Important for Dollar alternative in trade settlement prototype
- Most important country for gold trade in entire Moslem region
- Always one foot in East, one foot in West, the toll taker, for bridge fees
- Making important Russian energy deals, including generating plants and storage silos
- Critical hub for Afghan heroin run by the USMilitary on NATO bases
- Saudis already have flipped, divorce in full scale conflict, parades done
- New crown prince has been designated, not the Prince Bandar line (end US-UK line)
- Already key comprehensive deals completed with China in March
- Extensive deals are commercial, investment, energy supply, even charity
- Most likely China ordered Saudis & Iran to make peace, engage detente, stop violence
- Soon Saudis will announce acceptance of any major currency for crude oil purchases
- All OPEC will follow
- OPEC to be supplanted by the Nat Gas Coop run by Russia with key Iran support
- Qatar is center of Arab gas, already moving into Gazprom camp
- Japan running a high risk high stakes game
- Courtship with Russia and its own giant energy deal
- Fukushima was an ATTACK on Japan!
- More backfire for Fukushima attacks, pushing Japan into Russian energy supply deals
- Japanese are building pipelines and LNG nodes
- Expect soon a traverse through Korean peninsula
- Both Japan and SKorea are critical jewels to jump from the Western fold
- Obama Trans Pacific Partnership is an abysmal failure
The Doc then asked Jim for his take on the USEconomy, which appears to be accelerating into recession…
- GDP in Q1 went negative like minus 1% (standard lie is 4% to 5% must be factored)
- Retail sector in dire situation, a resulting factor, not leading indicator
- Money Supply has more than tripled in six years ($800bn in 2008 to $4.0tn recently)
- Money Velocity has collapsed (2.03x in 2007 to 1.57x recently)
- Utter total failure, proof positive that ZIRP & QE are dead weight millstones, not stimulus
- If it does not work, press it harder, then repeat the process until systemic breakdown
- Capital destruction from three years of QE bond monetization in unsterilized form
- Higher cost structure from leaked effect onto commodity market, plus natural hedging
- Global resentment for rising costs, no income lift, motive to seek USDollar alternative
- QE bond purchases are backdoor Wall Street bailouts
- QE monetary policy has lifted cost structure across world, including food prices
- Mortgage crisis has not gone away, moved instead to gigantic title fraud cases
- Subprime loans shifted to cars and student loans, both outsized
- Housing market has not really responded, except for private equity junk spot trade
- Vanished profit margins for businesses and corporate business segments
- Effect of Obama Care has been corrosive, with job cuts and job reductions
So it looks like everyone is about to jump ship. Good! It’s about damn time. Let’s get the ball rolling. I want my country and life back.
I want to watch the Bush, Clinton, Cheney and Obama Families convicted of treason and hanging by a rope…
Bobby-Joe
I agree Bobby-Joe. We can’t hang the bastards fast enough to suit me. Don’t forget the Neo-Con warmongers too….Let’s get em all.
Amen, NC
Unless this is all just another dog and pony show (sorry sometimes I just get too damned cynical, like when I read anything by Fulford or Hodges), then jumping ship is a great idea, but do not forget, the Rothschilds and their bankster minions do fund both sides…let’s not exchange one oppressor for another please…. Get out of the system.