September 1, 2012 – Blue Moon Conference – The Real World Economic Outlook

What you see in the headlines is not really what is going on. As if you are surprised by that. What they do is created a headline that will temporarily calm the panic and try to keep things going to a more unified European community and not panic world investors. So, you don’t have the US, China, Japan and Brazil pulling out. While that is going on you have China building it’s own economic structure where the yuan is going to be predominate. A yuan backed by gold. They are hoarding gold like crazy in order to back the yuan by gold. As soon as they do that they are going to insist that the yuan be the world currency. It’s not there yet, but that’s what they are working on. Concerning Europe is doing there thing, Asian countries doing it’s thing along w/Brazil. Then you have the US all by itself. What will end up happening is Europe will condense. Europe will ahve fewer countries with the European Union. Fewer Mediterranean countries. What you find is a consolidation of the old Europe. That old Europe will make more stringent if you want to belong to it’s community. They will tell you what to do financially, you will lose a portion of your sovereignty in order to belong to their community. In doing so, we will guarantee your financial success. You see many Mediterranean countries leaving the community and try to make it on their own in the world market. Greece will be the first one to jettison. The European community is going to go down. They are propping it up as long as they can, once one prop breaks the rest will suddenly break. It will then reveal the weakness of the US economic system. Our banks will follow shortly after that happens within weeks, certainly not more than a couple of months.

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