Peter Klevius tutorial about the disastrous mishandling* of US' (bubble) economy - and how its effects now threaten the world.

* Ask yourself: How can you trust a bubble dollar?! It started with US indebting itself because of the excessive militarisation, Vietnam war, and space programs, which led to US not being able to keep its promised dollar connection to the agreed gold standard.

The global community now urgently needs to force US into liquidation. China has already unwittingly brought US' "creative bookkeeping" to light.

 

When the chickens are now coming home to roost, Uncle Sam is in trouble.

 Uncle Sam alredy did moral bankruptcy by using nukes and firebombs against civilians during WW2 - and napalm and chemical weapons against Vietnamese people. Now it's time for the financially insolvent US to be put in liquidation.

US is hugely insolvent already, i.e. the debts are much greater than its assets.

Because of this US wants to fight its own civil war in the countries it calls its "allies", so that it could start all over again with its Ponzi scheme..

This, together with the oversized military it has created with stolen money, makes US the worst threat to the world.

Only China, whose success put the focus on US crime in the first place, can stop it. So ironically, the country that is most demonized is also our best hope. So when US spends stolen dollars on attack, China uses its own money to produce a defense that should make it impossible for US to even try.

US' exorbitant dollar privilege is used to blackmail and ransom the world.

United States is the worst threat to the world because of the aftermath of its criminal behavior 1971 when it abandoned the dollar connection to gold while keeping its global dollar hegemony by agreeing with the islamist Saudi dictator family that oil should be traded in US dollar.

This cemented US' dictatorial, autocratic and authoritarian world hegemony and made it possible for US not only to print money for itself that the rest of the world had to pay for, but also to pay for its global militarization and the weaponizing of the global finance.


Every serious economist knows that US is deeply insolvent, and escapes justice only by using the guns it bought with stolen money.

Liquidation of that (huge) part of US that rests on stolen money. A liquidation that forces US to live in accorance to its real, not counterfeited, means. And of course US wouldn't be able to repay its global debt in one go, so a "Marshall plan" is needed, which should include a demilitarization that leaves US only with what is needed to protect its borders from within and in accordance to budget.


Why the most worthless currency in the world is used as a "safe haven" just proves the naivity combined with short term thinking that is upheld by US propaganda  which tries to avoid scrutiny by demonizing China.


2011 Fed's Bernanke said US economy was weakening and he didn't know why - but he was sure it was only temporary. Equally sure as the Fed was in 2021 and still in early 2022 that inflation was just transitory.

Some think the Fed can “print money forever". Well, unless China demonstrates it has the technological know-how, political will and economic strength to challenge the US dollar as the global reserve currency. And it already has. Moreover, when the loaf of bread, because of inflation etc., gets too costly for a lot of people, then those who can afford it still may join in in something like a political civil war which in turn could result in whatever.

The official lies from US

Deputy Treasury Secretary Wally Adeyemo: Even if it hurts themselves we expect our European counterparts to take all steps we suggest against Russia. And we can sell the expensive and environmentally worst LGP gas to them. US can do for others impossible tricks because of the "underlying strength of the US economy"

Peter Klevius: The "underlying strength of the US economy", i.e. the stolen money from the rest of the world, is also the explanation to why US is the only country in the world that is able to have a strong currency while having a huge and continuous trade deficit. A Houdini trick that would baffle Houdini himself.

Deputy Treasury Secretary Wally Adeyemo: While we make anti-China laws using our global dictatorship to stop China's chips development, we simultaneously use our counterfeited dollars to boost our own chips production.

Deputy Treasury Secretary Wally Adeyemo: Inflation is a global phenomenon but we are in a position of strength.

Peter Klevius: Your behavior started the global inflation! You benefitted most from Covid because of your global (useless?) vaccin sell! You deliberately boosted the civil war in Ukraine starting in 2014 or beyond, and you triggered the expanded conflict 2022 by threatening Russia with nukes on its border, while heavily increasing your military support to Ukraine's genocide against Russian speaking parts of Ukraine (those parts also happened to be perfect to own by US companies for fracking). 

DeGaulle already pointed at our US problem back in 1965