Post From KTFA By backdoc » May 23rd, 2014,
Several weeks ago after further research i had an epiphany. With all the countries in the world moving to an asset backed currency status (basel 3) i discovered the real reason the US went into iraq was to save and or repair the almighty dollar.
At present we use the federal reserve dollar which is essentially unbacked and not federal as you all should know by now. Well, that doesn’t work anymore since all the other countries of the world outside the fed system are ganging up on the king of the hill.
Something had to be done or the us would be wiped out. Wars are fought over debts not being paid.
Since the u.s. has a 1.4 trillion debt with china that had to be paid. Japan is next in line with a 1.2 trillion debt. The rest of the 14 trillion is mostly funny money debt to the fed which is loaning money it doesn’t have. Mmmm so that’s where the story begins, the iraq project !!!
At the time i knew the dollar was in trouble but i didn’t know that china was in far worse condition. The us developed a plan to eradicate terrorist cell training true, but really had an ulterior motive.
That motive was to restore the failing dollar. This could easily happen by essentially extracting most of iraqs’ wealth through their currency. Since the us treasury is the largest holder of that currency and with over 4 trillion of iraq’s currency in the treasury, they simply wait till there is political stability to launch the realistic rate.
When that time comes, and it appears to be very soon now, the treasury will be butt loaded with money. Don’t forget many other countries also hold some dinar in lew of debt repayment for past bad debts owed by iraq.
Ok, that in a nut shell explains how the dollar will get restored but it doesn’t explain chinas’ currency problem; so here begins my epiphany!! Take a step back and realize the wealthiest people in the world call the shots as to how things play out.
My guess is that all the elites from all the major countries realized that an immanent collapse was pending worldwide. Something must be done. As i explained the us would use the dinar to restore the dollar, the british pound, and the euro. Ahhh but how does china get fixed ???
Well, even if we repay china the 1.4 trillion we owe them it would not be enough to really help them. By the way i believe they are being paid back with oil credits from the dinar.
After further study it came to me that vietnam was loaded with oil and gold as well as being a big manufacturer of many products. They are also a huge rice producer. Before the war their currency was 2.22 and much much higher prior to that point.
The war destroyed their economy and currency which i’m sure was the plan for the u.s. really being there. Also, a large gold theft occurred by the fed. As i understand.
The past few years vietnam has begun the restoration of it’s currency and economy. They are selling off most state businesses and taking them public through stock trying to encourage investing. China currently is the largest holder of the dong just like the us is the largest holder of the dinar.
Mmmmm after putting the pieces together i began to realize that this was the plan all along to restore the dong to pre war status. The new way the imf values currency, vietnam with it’s abundant natural resources and growing manufacturing base stands to benefit greatly.
The only question i have is how quickly will it rise ?? In part, i can say some of this increase will happen when the dinar takes value since it is one of those countries benefiting from taking dinar in lew of debt repayment !! How much is a question i have.
They admit to having a 100 tons of gold and 34billion in foreign cash reserves. Sound similar??? Mmmmm how much of those cash reserves are dinar ?? Wish i knew !! Darn. I would guess, enough !!!
Recently there are several articles which validate the rush to control natural resources as well as all we have heard in the news. The imf has changed the financial landscape of the world in the way countries will be valued. This is right at the heart of the issue. Russia and china are involved in this power grab !!
I think it has been the plan all along to restore the dinar and the dong as a dual plan to restore the worlds financial structure !!! Russia and china have just signed a 400 billion natural gas trade deal.
This is like putting a dagger in the heart of a wounded animal. The fed. Dollar is already dead on the international scene as the reserve currency and soon the whole world will see this.
Now, here’s the real question, what will the u.s. do with all the new found wealth of the treasury when the dinar takes value ??