For the longest time, a very daunting question has haunted the American people, primarily those in business: Will the U.S. dollar collapse? Taking history into account, it is true that no superpower (or empire) will live on forever. Simply utilizing the Holy Bible, there were four nations prior to the upcoming fifth that were considered empires. They are Babylon, Persia, Greece, and Rome, and they are no longer empires. Believe it or not, Bible scholars say the United States is a lot like Rome especially in its last years and if we don’t change, we will fall exactly like Rome fell: through financial debt.
Now there are reports giving a certain time period when the U.S. dollar will finally collapse and it’s this month! That’s right! This month, July, is assumed to be the month the United States dollar becomes less than toilet paper. One must question why is that? Why is it that July is considered the month the U.S. dollar collapses over other times?
According to two articles by Before It’s News , there are two reasons for the collapse of the U.S. dollar this month. For organizational purposes, the two articles will be analytically split up.
The first reason is from an article explaining what H.R. 2847 is. For those who don’t know, H.R. 2847 is better known as HIRE (The Hiring Incentives to Restore Employment Act) and it went into effect back on July 1, 2014. The initial look of the act provides payroll tax breaks and incentives for businesses to hire unemployed workers. However, there is a minute provision within the bill that is causing some financial pundits to predict the end of America, and it is called FATCA (Foreign Account Tax Compliance Act). What it means is that foreign banks keep better track of the flow of money owned by United States citizens. FATCA also requires banks in other countries to send the IRS personal information (name, address, and account information) about transactions Americans customers make. If a bank fails to comply, the U.S. will impose a 30 percent withholding tax.
Summarized, banks outside of the United States that don’t have to follow what the United States demands on finances suddenly are being penalized for having American customers? That doesn’t sound good at all. What about international businesses that are headquartered in the United States? Does that mean they’ll move out? We already have issues with outsourcing right?
However, a counter argument was made on Truth or Fiction in which the statements about H.R. 2847 are mostly unproven. The reason why is they found no evidence at the current time as in how the enforcement of this act will effect the U.S. dollar. It should be noted that the absence of evidence is not the evidence of absence.
The second reason is in an article showcasing a video in which Christine Lagarde, of the IMF (International Monetary Fund) made a very strange speech back in January of this year. The video is listed below for your viewing.
There seems to be a lot numerology pertaining to the number “7.” A lot of theorists are wondering what this message means. If this was meant for the public, it makes absolutely no sense whatsoever. Why would a speech utilize numerology when what the people need are hard facts? Still, this is all a theory. Yet, by Lagarde’s words during her speech, it is a surprise why there is so much speculation? Also, the month of July is not exactly mentioned, but with all the references to “7,” it is assumed whatever she is talking about will happen this month because July is the seventh month of the year.
Below is the list of supposed hidden messages in Christine Lagarde’s speech. The first batch is based on the number “7” while the second batch is in consideration to the current year. I also included the times within the video the message is brought up.
– Number “7” References
- 1:22 – “Now I’m going to test your numerology skills by asking you to think about the magic seven.”
- 1:34 – “Most of you will know that seven is quite a number.”
- 2:24 – “2014, you drop the zero, fourteen, two times, seven.”
- 4:08 – “It will mark the 70th anniversary, 70th anniversary, drop the zero, seven, of the Bretton Woods Conference that actually gave birth to the IMF.” (7+0=7)
- 4:22 – “And it will be the 25th anniversary of the fall of the Berlin Wall.” (2+5=7)
- 4:38 – “It will also mark the 7th anniversary of the financial market letters.”
- 5:08 – “After those seven miserable years, weak and fragile, we have seven strong years.”
- 5:43 – “Now I don’t know if the G7 will have anything to do with it.” (G is also the 7th letter in the alphabet)
– 2014 References
- 1:18 – “The global economy and what we should expect for 2014.”
- 2:19 – “So if we think about 2014.”
- 2:24 – “2014, you drop the zero, fourteen, two times, seven.”
- 3:54 – “So 2014 will be a milestone and hopefully a magic year in my respects.”
- 5:05 – “So my hope and my wish for 2014.”
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