Dr. Jim Willie: Western Banking Is Totally Broken, Insolvent and Corrupt

Provided that you are someone who doesn’t rely on the mainstream media for anything more than entertainment, and you get your actual “news” elsewhere, then you already know that, “[T]he Western central bank franchise system is totally broken, totally insolvent, totally corrupt,” and it’s been inviting the return of a Gold Standard for some time.

More than likely, you also already know that it won’t be a United States Gold Standard that global financial system defers to when the U.S. Dollar finally takes it’s last gasp of air before dying on the operating table. The entire financial system of the Western banking system and the U.S. Dollar were built upon a debt-based monetary system, and the debt saturation process has run its full course.

The days of the U.S. Dollar are numbered, and anyone who has followed the work of Dr. Jim Willie for even a short while, should already know that. However, Because of his sarcastic manner, and the informal atmosphere in which Dr. Willie often conducts his interviews, sometimes it can be difficult to understand (or take seriously), the points he is making.

So, for anyone looking to better understand the basis of some of Dr. Willie’s more recent forecasts, the article below is written by Dr. Willie himself, and it contains all the details one could ask for that support the positions he has often discussed during many of his most recent prior interviews.

The interview is about three weeks old, but it’s also his most recent. During the interview, just a few of the topics include how recent geopolitical and economic events have begun to severely fracture NATO, and how post-Brexit the European Commission is becoming largely irrelevant as a governing body.

With respect to the death of the U.S. Dollar, Dr. Willie discusses how the Chinese will launch new short term RMB notes backed by gold, causing even more countries to abandon the U.S. Dollar when settling foreign trade debts. Then, to facilitate the U.S. Dollar’s transition from the slow precipitous decline we’ve seen in recent years, into a complete collapse, Dr. Willie explains how we should expect the IMF to soon back it’s Special Drawing Rights (SDR’S) with gold, in conjunction with the Saudi’s abandoning the PetroDollar for good.

Stay tuned at the conclusion of Dr. Willie’s technical analysis below, for another good look into the death of the Dollar, in a full-length documentary titled, “End of An Empire: America Destroyed From Within /Death by Bank-ism.”

Because of the nature of the people who run it.

The US government is broke, insolvent, and corrupt, because of the nature of the people who run it - the same ones.