More at therealnews/t/in...With markets in free fall, economist Peter Schiff opposes stimulus and printing money to fund it

China is estimated to have currency reserves of two trillion dollars, but the bulk of it is tied up in US markets.Caught in a "dollar trap", it has little choice but to buy more and more US government bonds to keep up the value of the dollar and hope a US recovery takes place - and quickly.Al Jazeera's Owen Fay reports.

Get ready for the price of gold to soar after this type of story in mainstream! John Williams discusses a coming financial depression. Many financial experts outside of mainstream has spoken about an economic collapse for years; such as Bob Chapman from theinternationalforecaster/DISCLAIMER: RedPill4u does not own this video footage, it belongs to their respective owners under the Fair Use policy and terms.The percentage of elected officials saying their community has experienced the following over the past year:Increase in foreclosures: 62%Increase in need for temporary assistance: 53%Decrease in city revenue: 33%Increase in abandoned/vacant properties: 33%Increase in homelessness: 22%Source: National League of Cities' Insta-Poll of 1,240 local officials, based on 211 responsesIt will only get worse, but they've already have a plan for you. You'll be introduced to a regional currency 'Amero' then eventually a global currency. Hey, I'm not a prophet, I just read what they speak of. Sadly, many of you will fall to the deception because of your coming economic demise. Unfortunately, It shouldn't have come to this, but many of you are slaves to group blaming. (Republican vs. democrat, conservative vs. liberal, etc)The End of National Currencyorg/2007050...Washington Post: time to ditch the dollar for new currencycom/wp-dyn....The CFR, Robert Pastor and the NAUcom/...Problem, reaction then solution."Being ahead of the masses in your observations of economic trends is no way to win a popularity contest. If you're 30 days ahead of the masses, you're considered a genius; but if you're two years ahead, you're considered insane. It makes me wonder about the experiences of historical geniuses like Nikola Tesla, since they were at least a hundred years ahead in their understanding of science." -Mike AdamsPlease explore these articles:FDIC Girds For Bank Failures & The FDIC Will Seek to Rehire 25 of It's Own Retired Members, Many of Whom Specialized in Bank Closings.com/print/story/...com/apps/pb...Wall Street Bank Runcom/wp-dyn/...US Properties Plunge Into Negative Equity Than At Any Time Since The Great Depression Of The 30's co.uk/business/20...U.S. Credit Markets Collapsing!hosted.ap.org/dynamic/stories/...America's Economy Risks the Mother of All Meltdowns news.yahoo/s/ft/20080219/b...U.S. Mortgage Crisis Spreads Past Subprime Loans! com/articles/2008/02/1...Dozens of U.S. Banks Will Fail by 2010com/ottawacitizen/n...Wealthy Investor Jim Rogers Warns About Economy, 'It's Going To Be Much Worse' money.cnn/2008/01/30/news/...Crisis may make 1929 look a 'walk in the park'co.uk/money/main...World Economic Situation Serious - IMFnews.smh.au/world-economic...Full global impact phase of the Very Great US Depressioneu/GEAB-N-21-is-a..."If a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that too." -Somerset MaughamDerivatives the new 'ticking bomb'com/news/story...