BRIC AND THE DEATH OF THE DOLLAR
Sanford Pinna, M.D.
Today, Tuesday, October 06, 2009, Gold has shot up over
forty dollars a troy ounce.
Today, Tuesday, October 06, 2009, the Middle Eastern
oil producers, let it known they were interested in being paid
in a basket of currencies, and not, the U.S. Dollar.
China, Japan, France, Russia, India and Brazil, all of
these countries have allowed the news media to report that
the U.S. Dollar was no longer a secure currency.
There are too many dollars floating in the international
monetary arena, and the U.S. Government, under the management
of the Money Managers, and the famous actor, Obama, are intent
on printing trillions of more dollars to insure that the minorities
in America re-elect the Actor.
The Money Managers are not interested in the economic
well being of the U.S. , they are interested in maintaining
Brazil. Russia, India and China have no interest in the
future of the dollar.
With the exception of China, which holds close to two
trillion U.S. Dollars worth of U.S. Government debt, the
remainder of the world, and especially the other BRIC
countries, see the U.S. Dollar as a hindrance to their
Even Canada, Australia and other commodity
strong countries would like the U.S. Dollar to disappear.
What good is a currency that is rapidly being
made worthless by the very government that prints it?
The entire world is beginning to see the U.S. for
what it is: A community of people who want to live off
of their History and unwilling to work hard in the present.
A community, where the leadership is only interested
in fast profits and making the public the most uneducated
and the most ignorant public on the entire planet.
The people in the rest of the world know that
well being only comes after great effort, and not because
your flag is famous.
As a consequence, the U.S. Dollar is no longer
a desirable currency. It rests on very thin ice covering
a fast river which is going out to the sea of poverty.
THE REST OF THE WORLD
As the U.S. and the U.K. spiral downward economically,
the rest of the world is filling the vacuum.
In Europe, France and Germany are pulling away from
the U.K. which has the same group of financial masters as the
U.S. The other European countries are also maintaining their
In Asia, Japan is cutting its dependence on the U.S.
Japan is particularly annoyed, because its famous Hybrid
Cars are being denied entrance into the U.S. market on the
basis of fraudulent claims that they are breaking patents!
These hybrid cars could be a boon to the American
consumer who can otherwise only buy the pollution monsters
of GM. The owners of GM are the same people who run
the U.S. G government.
Thus, the U.S. Government is pushing Japan into
the BRIC Camp, by refusing to buy Japanese cars. Japan,
like China, owns trillions of U.S. Dollars of U.S. Debt.
Everybody has thought of it, but nobody wants to
say it publically
What if China, Japan and the Oil Producers dump
their multi-trillions of U.S. Dollar denominated Treasury
Debt on the world financial markets???
It would destroy the U.S. Dollar as a currency!
It would weaken, but not destroy China, Japan and
the Oil Producers.
These economies would recover as they began to trade
with rest of the world.
The U.S. Economy would go into a free fall.
The U.S. lives off the rest of the world, without
giving anything in return except its famous dollars.
The U.S. buys its manufactured goods from Asia.
It buys it agricultural products from Latin America.
It buys its petroleum products from the Middle East.
With a worthless dollar it could buy nothing.
Inflation would step into the U.S. like the
Giant Image of Death with a Scepter.
Chaos would ensue.
This can happen in the near future.