America cannot afford another war because the US Government is in a debt trap already, and it would merely hasten the collapse of her finances. Measured in dollars, gold would soar handing economic power to Russia and China.
We can be sure that the highest levels of government in the US Treasury realise this. Earlier this month, a team of five Treasury officials went to Beijing “to discuss the economy”. We can be certain that the Treasury’s real concern is to find out China’s intentions with respect to her Treasury holdings, and at the least persuade her not to sell any more.
America and her allies are courting a military and financial disaster. With fiat currencies, and debt to GDP ratios of 100 per cent and more they are in no position to threaten Iran, Russia, and China. But with the propaganda war in full swing, convincing us Westerners that we are in the right while ignoring clear evidence, we cannot be sure that sense will prevail.
America’s debt trap is with us already. The speed of the dollar’ loss of credibility will be affected by American and puppet NATO’s belligerence. Putin’s allies and the neutrals know that the escape from a fiat dollar collapse is to possess physical gold, which is why for the last two years central banks have been buying up every tonne they can get their hands on.
The reality is that the US Government and its dollar are in a debt trap. The only escape route, which is to slash public spending to produce sufficient budget surpluses to stabilise national finances, is not open to it. As soon as markets awaken to this reality, the dollar is toast, along with the entire fiat cohort because they are tied into a dollar-based fiat currency system.
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