JEFF BERWICK
\nThe Dollar Vigilante<\/p>\n
It seems barely a day passes now without some big name person warning of imminent collapse. \u00a0The latest is Alan Greenspan.<\/p>\n
In an interview on Thursday he told\u00a0Fox News that\u00a0Venezuela is now under martial law and that \u201cAmerica is next.\u201d He said that what was happening in Venezuela was inevitably going to take place in the US.<\/p>\n
I agree with this. \u00a0In fact, we said this exact thing just last week with our article, \u201cVenezuela Descends Into Chaos\u2026 Europe and US Next<\/a>.\u201d Funny enough, a few brainwashed sheeple said we were crazy for saying it. \u00a0Now Greenspan has said the same thing\u2026 is he crazy? \u00a0Actually, don\u2019t answer that.<\/p>\n But while we agree with Greenspan that crisis is coming to the US, that\u2019s where our agreement ends. \u00a0We say it is coming to the US because the conditions in the US are not that much different than Venezuela \u2013\u00a0and the globalist plan is to turn the entire world into Venezuela.<\/p>\n Greenspan, on the other hand, is already trying to divert attention from the real cause of Venezuela\u2019s problems:\u00a0the government and central banking.<\/p>\n Instead, he explained that the reason the US would end up like Venezuela involved a \u201cglobal problem of a shortage of productivity growth.\u201d\u00a0It is this lack of productive growth that creates and expands an economic crisis, he claimed.<\/p>\n This is Greenspeak at its finest. \u00a0The problems in Venezuela aren\u2019t due to an extreme socialist government and a Keynesian money-printing central bank, according to him\u2026 no, the problem is just that things aren\u2019t growing fast enough!<\/p>\n Well, to an extent that is true. \u00a0Things aren\u2019t growing at all in Venezuela.\u00a0In fact they are imploding at a rate I\u2019ve never personally witnessed before. \u00a0But that isn\u2019t the root cause of the problem. \u00a0The reason why Venezuela\u2019s economy isn\u2019t growing is BECAUSE of the government and the central bank!<\/p>\n Of course, you\u2019ll never hear a central bankster admit that. \u00a0The problem is never them. It\u2019s always some obtuse economic buzzphrase\u00a0like a \u201clack of productivity growth.\u201d<\/p>\n Greenspan continued by downplaying the role of central banking and government in the Venezuela disaster. \u00a0He then focused on the Federal Reserve and continued his lying. He said what the Fed\u00a0did now was less important than what the markets did. While more money was available, actual production was not. Too many older people and too few resources. That was the problem.<\/p>\n This is how Greenspan is explaining the expanding crisis of debt, socialism and price inflation. It is coming from lack of productivity.<\/p>\n Additionally, older workers prefer to be recipients of \u201csocial benefits\u201d and this also has a negative impact on productivity, he claimed.\u00a0He warned that if the US, for instance, could not move productivity up from around two percent, social benefits and other obligations start to become impossible to fund.<\/p>\n So, once again, the problem isn\u2019t that the government created a Ponzi scheme\u00a0we\u00a0call Socialist InSecurity. The problem is that the markets aren\u2019t creating enough wealth to fund said Ponzi scheme.<\/p>\n And that necessary growth is impossible. \u00a0Between central bank monetary manipulation, managed trade, regulatory demands and currency debasement, modern Western economies are barely functioning at all. Only the largest multinationals can manage to survive competitively in such an environment, and many of them are not exactly thriving. \u00a0Even Coca Cola has had to pull out of Venezuela and now Lufthansa has cut flights to the country.<\/p>\n Greenspan wants to blame the West\u2019s industrial slump on a lack of productivity and \u201cgrowth.\u201d This is propaganda, and he knows it is. \u00a0And if he doesn\u2019t know it then he\u2019s swallowed\u00a0too much Keynesian Kool-Aid. \u00a0Go home Greenspan, you\u2019re drunk.<\/p>\n The main cause of ruin over time is central bank money debasement \u2013 not some mysterious missing \u201cgrowth.\u201d And government generally makes things worse via regulations, taxation and debt.<\/p>\n Greenspan should know this. He\u2019s not a stupid man.<\/p>\n But Greenspan is part of the central banking clique. He does what he\u2019s told to do. And he is obviously supposed to make sure that people do not blame central banking, regulations and other government activities for the perma-depression that is now taking place in Venezuela, Latin America, Asia, China and the West.<\/p>\n There is, in fact, worse to come, as we \u00a0have often pointed out. This year, Jubilee 2016, is a \u201cbuilding year\u201d for world government. The EU for instance is creating a pan-European army and is also \u201cgiving\u201d all European residents tax ID numbers. And China is adding the yuan to the International Monetary Fund\u2019s SDR currency basket on October 1st, just the day before the Jubilee Year ends on October 2nd.<\/p>\n Things are not going to get any better in 2016, only worse. The idea is obviously to create convulsive economic chaos that will help usher in a new economic order.\u00a0In the meantime, Greenspan is supposed to distract your attention.<\/p>\n I went to Venezuela recently<\/a><\/strong> as you probably know and predicted just what Greenspan is talking about. But unlike Greenspan, I blamed the problems that Venezuela is having on an oppressive government and destructive central bank policies. That\u2019s obvious to anyone who looks at Venezuela without an agenda.\u00a0But Greenspan and his crowd have an agenda. They want globalism, and they want it soon. And they will mislead, cheat and destroy to get what they want.<\/p>\n I\u2019m proud to say that The Dollar Vigilante, along with\u00a0some other alternative financial publications, stands in their way. If you want to track the lies on a regular basis, and then \u00a0figure out what you need to do to protect yourself and even profit from their agenda, I\u2019d \u00a0urge you to sign up for our TDV newsletter HERE.<\/a><\/strong><\/p>\n We\u2019ve now had George Soros, Carl Icahn, Stanley Druckenmiller, Jim Rogers, the IMF and the World Bank warn that we are on the verge of a crisis of biblical proportions. \u00a0Greenspan even said that what is happening in Venezuela, complete with martial law, will come to the US. \u00a0At what point do you start to listen and begin to protect yourself?<\/p>\n