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Title: U.S. Ship of State is Sinking, It’s a Derelict Vessel-Jim Willie
Source: [None]
URL Source: http://www.lewrockwell.com/2013/09/ ... e-us-ship-of-state-is-sinking/
Published: Sep 9, 2013
Author: Jim Willie
Post Date: 2013-09-09 17:30:13 by christine
Keywords: None
Views: 516
Comments: 3

When it comes to U.S. economic or foreign policy, Dr. Jim Willie, Publisher of the Hat Trick Letter, says, “The U.S. Ship of State is sinking, and it is a derelict vessel.” About President Obama, Dr. Willie contends, “He looks weak. He looks backed into a corner. He looks just like Fed Chief Bernanke who also has no exit strategy. They are all tied together because a lot of the actions out there are directed against the dollar.” Dr. Willie goes on to say, “The U.S. is in an indefensible position, both with war and monetary policy.” All the QE, or money printing by the Fed, has the world on edge and outraged. Dr. Willie explains, “This is abuse of credit card by the United States. We run deficits and then say screw you all. You can just buy Treasury bonds because you have to.” According to Dr. Willie, the rest of the world is tired of the money printing by the Fed and wants to use a new currency to escape the coming global inflation of a dollar that can quickly lose its buying power. Dr. Willie says, “This is financial survival. Nations need to depart from the dollar, and the first ones that do will be the survivors, and lost ones will enter the third world.” As far as Syria, Dr. Willie says it’s not about chemical weapons, but about pipelines and our adversaries gaining economic advantage. Dr. Willie claims, “The U.S. is obstructing capitalism and commerce. That is the problem.” Join Greg Hunter as he goes One-on-One with Jim Willie, Publisher of The Hat Trick Letter, which can be found on GoldenJackass.com.

Poster Comment:

Hit the url for youtube audio interview. Good stuff, as always, from the Jackass.

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#2. To: christine (#0)

While there's unlimited printing of dollars there's also virtually unlimited production capacity in terms of skilled personnel and resources except for oil. With the current prospects of Obama finding an "out" in terms of foreign wars he may be able to redirect initiatives into domestic infrastructure and goods production instead of being yanked about by Israel to fight its enemies.

Tatarewicz  posted on  2013-09-09   18:07:04 ET  Reply   Untrace   Trace   Private Reply  

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