Jim Willie interviewed: “Global Opposition to the U.S. Dollar Mounts”

 Best audio Interviews:
Jim Willie: “Global Opposition to the U.S. Dollar Mounts”
1-16-2012

Image : renjith krishnan / FreeDigitalPhotos.net (1)

CNL Editor’s Note:
Here is a brief introduction,

followed by the link to Jim Willie’s interview
by TekoaDaSilva from bullmarketthinking.com

  • 2007 – Brazil and China announced a swap facility to bypass the US Dollar in
    trade settlement
  • 2010 – Russia and China announced a swap facility to bypass the US Dollar in trade settlement
  • 2011 – Japan and China announced a swap facility to bypass the US Dollar in trade settlement
  • 2012 – India announced it will pay for Iranian oil in gold bullion

“The USDollar might not be attacked on several front with harsh assaults so much as it will be relegated into irrelevance, as the USDollar will be ignored and left to defend itself in the open fields where wolves and dragons roam wild.

…The numerous defiant gestures by China, Iran, Russia, India, and Japan paint the billboard in big bold letters. The workaround of the USDollar is moving fast apace….

What we are witnessing is the end of the Petro-Dollar in slow steps. The steps are unmistakable to those who study the interwoven nature of global finance. They are easily overlooked by those who operate within the dome of perceptions controlled by the American apparatus…

The nation is smeared by the splatter of fraud. Its markets are propped by the heavy hand of daily interventions. Its economic data is laughed at as a fantasy. Its elite are given huge grants without global approval. Its central bank makes decisions unilaterally, without conferring with USGovt creditors. …

Big changes are in progress, pushed along ironically by the USGovt itself. If their spokesmen insists on the many major global trade participants to take sides, the crew in WashingtonDC might be in for a shock, colored by isolation. The real loser will eventually be the USDollar, whose Petro-Dollar defacto standard is being washed away by central bank liquidity and leadership arrogance.”  

JIM WILLIE – Iran Sanctions Backfire into Isolation – Extracted from Jim Willie’s Article: Tail Events, Isolation, New Normal  01/26/2012

Source: http://www.financialsense.com/contributors/jim-willie/2012/01/26/tail-events-isolation-new-normal

Listen to Audio Interview:
Jim Willie: “Global Opposition to the U.S. Dollar Mounts”

Source: http://bullmarketthinking.com/jim-willie-global-opposition-to-the-u-s-dollar-…

Dollar Sinking In Sea by Stuart Miles / FreeDigitalPhotos.net (2)

 * Image reference:
(1)
renjith krishnan / FreeDigitalPhotos.net
(2) Dollar Sinking In Sea by Stuart Miles
Source: http://www.freedigitalphotos.net/images/Money_g61-Dollar_Sinking_In_Sea_p69342.html
The publishing of this image does not imply that the author endorse this article.

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