Canadian Dollar Will Drop To HALF A CENT

[MikeWB]

https://www.youtube.com/watch?v=sGstghMxhtg


Published on Jan 18, 2016

As experts claim the Canadian dollar will hit 59 cents or less, there's no sign it will stop falling. Jeff Berwick (The Dollar Vigilante) says 2016 will be a bloodbath. Legendary author G. Edward Griffin gives the dollar 2 years at the most until its inevitable collapse.
In this video, WAM's Josh Sigurdson meets with economist and author John Sneisen to talk about the coming economic collapse and how experts are not telling the whole story. John Sneisen predicts that the Canadian dollar will hit half a cent in value and from there of course collapse.
As the worthless IOU paper money is printed and people lose confidence in the dollar, inflation rates become rapid and interest rates become more of a tax than anything as they hit negative numbers. As central banks and central economic planners plunge the dollar's value in nearly every country in the world, the fact that the Canadian dollar is doing so much worse than the useless American FIAT dollar says a lot. As people lose confidence (rightly so) in the Canadian dollar, it will continue to plunge and we'll see something similar to what happened in the Wiemar Republic back in 1923 Germany. We're already seeing a mimic of what was happening in 2007 directly before the recession, but because of the build up of debt since, this crash will be far more dangerous.
Though, the idea still stands for some unknown (most likely economically illiterate) reason that if you keep trying to build on the dollar and save it as well as raise a debt ceiling of sorts, you're going to save the dollar. This is untrue. Temporarily it can be saved, but only for it to crash even harder later on. We still have a temporary band-aid economic system from wartime that reigns over us as it's centralized and pushes us all into debt slavery. Of course this is what the government wants and this is what the central banking cartel wants.
What we need to do is allow the system to collapse and build it up naturally as individuals and allow the free market which currently doesn't exist to flourish as it has successfully in the past before being manhandled.
Since China printed the first IOU paper currency back in 1024, history has shown this method to be dangerous to a society and its people. It doesn't work and never has for long periods of time. It has only led to debt, inflation and devaluation.

We thank John Sneisen for giving us this prediction and warning. He gave us solutions as well which have been proven to be sound for thousands of years.

You can find John Thore Stub Sneisen's book "The End of Freedom: How Our Monetary System Enslaves Us" on Amazon! You can also find more of him at The Economic Truth. Check out Freedom Force International if you wish to get involved in an initiative fighting this collectivism!

[rmstock]

What a load of crap. What could happen is  1 CAN$ = 0.50 US$ .
I heard that 1 colliflower in the winter season costs 8 CAN$, which is
a hefty price. But Canadians also have tons of snow, good soil
and cheap oil and gas. Build greenhouses and grows crops
like the colliflower.

[rmstock]

Here's a more recent update :


Accelerating Events & Disclosures with Jim Willie
Posted on February 5, 2016February 5, 2016 by Perpetual Assets
https://www.perpetualassets.com/news/2016/02/05/accelerating-events-disclosures-with-jim-willie/

"Will Lehr of PerpetualAssets.com interviews Jim Willie of
   GoldenJackass.com
   
   Join us in a Two Part Series covering current financial and economic
   events. The discussion in this two hour episode goes all over the
   place. Please enjoy...
   
   

   
  A new explanation and theory is USD Death seen in Oil Price decline —
   The dismantling of the Petro Dollar. If the pseudo foundation of
   USDollar has been crude oil since 1973, then the death of USD is clear.
   US is focused on war and bank hegemony, while China is focused on trade
   and infrastructure
   
   Russia accepts RMB in oil payments from China, as de-Dollarization
   continue. This is nail in the Petro-Dollar coffin. Next the Gulf
   Emirates accepted RMB in oil payments
   
   Iran joins the Eurasian Trade Zone via development contracts with
   China. A completed triangle on the Eurasian Trade Zone is coming into
   view. Three empires are joining as Russia, China, and Persia unite in a
   grand awakening.
   
   A German leader from Bavaria (Seehofer) met with Putin in the Kremlin
   supporting conditions set to undercut sanctions during the great flip
   east. The dumping of Arab human flotsam & jetsam has not gone over well
   in Germany. Passage paid by USGovt NGO groups including Soros, inducing
   social sabotage.
   
   Suncor posts huge $2bn quarterly loss, and S&P downgraded 10 firms.
   Appearing is a big wide red ink river as oil hedges expire. Big firms
   have been running at losses while working capital goes rotten.
   
   Central Banks are no longer expanding balance sheets, as the debt game
   unravels. The new sheriff in town is the White Dragons in the East. The
   negative rate implementation is a final gasp, breathing through their
   a$$holes.
   
   The S&P500 has critical support level at 1870, it is going to break and
   the TNX 10-yr yield is heading to 1.5%. This is the bond black hole
   that sucks in global capital. Afterwards comes the RESET and New
   Scheiss Dollar to reduce capital value within the hole. There are two
   missing liquidity channels: Fed/WallSt and Bush narco money.
   
   Global Trade has ground to a halt, with Baltic Dry Index down 80%.
   There is a global shipping strike from unprofitable lines and refusal
   to take USTBills. Oil tankers are circling the Gulf of Mexico in large
   numbers. The US exported 400,000 empty containers in 2015 (LA, Long
   Beach, NY, NJ)
   
   And Much More......
   
   

   
   "