Do you believe there is any coincidence the Russians first, followed by the Chinese … announced “hypersonic weapons”? I ask this question for several reasons and will come to a conclusion at the end but for now, with the rollout of the “petro-yuan” set for March 26 is there any coincidence we find out about these weapons now?
We were even offered proof over the weekend of successful tests. If that were not enough, what heck is this? Please take the two minutes to watch the video, these are seasoned Navy pilots who sound like 15 year old boys seeing their first naked woman! The point being, they have never seen ANYTHING even close to this, no one has. What exactly did they see? Was it a UFO? Some sort of alien technology? Or, was it exactly what the Russians and Chinese have claimed?
Defense News suggests the U.S. is also working on these same weapons and asks “will it be in time“? I would ask another question and maybe more to the point, can the U.S. afford to fund a project like this? The answer of course is yes (they can afford ANY thing today), but then another question arises. What does the additional spending do on the margin to a system already walking a fiscal tightrope? Please remember this …because I can guarantee you all Russians remember, the U.S. “spent” the Russians into bankruptcy in the late 1980’s with “Star Wars”. The Russians tried to keep up technologically and were bankrupted (with a little CIA help pressing on the ruble). The worm has now turned 180 degrees with the U.S. in precarious fiscal and monetary position …AND very little gold left. The Russians and Chinese as you know have been methodically accumulating gold for 10 years or now and most likely have three times what the U.S. supposedly has. They have not accumulated gold because it is pretty, they understand gold IS money…!
Back in the 1980’s, the U.S. rebuilt her military and was superior to all at the time. The military was used to enforce the use of and support of the dollar. Iraq made overtures of accepting euros for oil and so did Libya. They were both overthrown and invaded by a supreme U.S. military. Few countries around the world (including Russia and China) got out of step for fear of what they saw happen in Iraq, Libya and elsewhere.
Folks, though few are talking about it and zero in the mainstream as far as I can tell, the world as we know it is about to change drastically! If the U.S. military has been leap frogged technologically, “what” exactly does the U.S. do to support the value of the dollar? We run huge trade deficits. We run huge fiscal deficits and now owe enough (over 100% of GDP) to qualify for banana republic status. The financial system is levered unlike ever before …and we do not make many products cheap enough or with high enough quality for the world to import from us. I would submit we have gone 17+ years with a currency supported and “forced” on the world militarily.
We have been watching for years as the dollar was debased anticipating the day of dethronement. If the U.S. military is in fact behind the technological curve, the last prop for the dollar is gone. China and Russia have meticulously prepared for the overthrow of the dollar. They now have trade deals, credit facilities, clearing facilities etc. ready to go forward WITHOUT the use of any dollars at all. This will leave the U.S. to fend for herself. Namely, we will need to live (survive) using primarily U.S. produced products. Foreign held dollars will be sent back on to U.S. shores like a tsunami with obvious inflationary effects. Your standard of living will be decimated if your savings are credit and dollar based. For my entire life, Americans felt privileged to the point of being “exceptional”. This, because our standard of living was so much higher than the rest of the world. The higher standard of living was based on the privilege of issuing the world’s reserve currency. The U.S. government abused this privilege … The privilege is in the process of being revoked …and along with it our standard of living! …Something about a piper and his being paid comes to mind!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
Comments welcome [email protected]
Bill, in my opinion has it exactly right. The U.S. Government is accusing dozens of nations as betraying them. Yes to refuse counterfeit money is viewed as a betrayal. Already, at many ports around the world the U.S.Navy must pay in silver when they re-fuel their ships! The piper will be paid.
Henry Jones
To anyone who will listen: If you have been looking for a “sign” for taking action, the Holter article is it!
Hi Bill I live in Mexico and have dollar account and Peso account.Do you think e Peso will fall with the dollar? Is it safer to have Pesos? I like reading your interviews. Thanks for all you do. Crem
Excellent and chilling article, Bill!
If the Russians have topped us in a critical military/arms realm, then our ability to impose the dollar on the world is indeed more precarious than is already the case. This could be a “checkmate” kind of development. The whole “house of cards” could come tumbling down. Perhaps this will be the “black swan” that triggers the huge upcoming valuation reset (to the south) of the dollar and dollar-based investments. If not, the sky is filled with others (financial, economic, and political).
Picking up the pieces will prove exceedingly difficult. No “shock and awe.” No more printing press with which to buy foreign goods at anything like today’s dollar prices. Our standard of living will hit an air pocket without a ladder. We will have to earn our way back out of the impending full-fledged B.R. status that we’ve been steaming towards; production will push the “consumption function” to the side. We’ll have to win in the real world by producing goods that the world will want to buy. We’ll have to get back to basics. It will be painful, but overdue and necessary — all things which you have said so correctly and well many times over.
If we can hold the country together (a big if), we’ll have the best RE in the world, the biggest coal assets, the best river/waterway system that doesn’t freeze over, some of the world’s best soil, and the best Constitution (if we can bring it back from the dead).
So hopefully the glass is half full as we get ready to check into rehab!
Sincerely,
Dan
The US military does not reveal their newest technology until it must be revealed. Most nations follow this pattern of information. So, what can one deduce from the US stance at the moment? It very well might turn out that hyper-sonic craft are passe in a laser / railgun world. To a laser, a missile in flight, even a hyper-sonic one, is virtually standing still. That makes it an EASY target for sure. ZAP! BOOM! Junk falling to Earth in flames. Rail guns are slower than this but still much faster than missiles. They are very effective weapons and their ammo is cheap. I would not get too excited about Russian and Chinese weaponry breakthroughs just yet. They may have shown their hands but the US has not. When ALL of the player’s cards are on the table, THEN we will know who has the winning hand. Dismissing the US as a possible winner here seems premature and not in agreement with history.