The euro crisis appears to be unfolding right on target rather amazingly. Our target was published in “The Rise and Fall of the Euro” back in 2011. The target for the collapse in confidence was 2016.202. This comes into play March 13/14, 2016. It is rather amazing that we can target a specific event within time, years in advance, and watch these things unfold. This illustrates that TIME remains everything and humanity repeats a process that results in the same response over and over again throughout history. This also demonstrates that our forecasting is not based upon OPINION. With the euro unable to reach 116 of a rebound, this does not look very good in the next few weeks.

Here is what we published in that report:

 

From a timing perspective, the Bretton Woods System actually began with the operational start of the IMF on March 1, 1947 (1947.164). The euro began officially on January 1, 1999 (1999.002). The birth of the euro essentially completed the 51.6-year cycle between 1947 and 1999. The collapse of the euro appears to be due no later than 17.2 years from its birth, making the ideal target 2016.202, just 23.5 weeks ideally AFTER the peak on this current Economic Confidence Model wave 2015.75.

Larry Summers, the father of NEGATIVE INTEREST RATES, is so against a free society and looks upon us as dumb cattle to be herded and corralled for his pleasure. His ideas are just beyond belief. Now Mr. Pro-Government-Anti-Democracy is advocating killing the $100 bill. He is moving to electronic money so that government can get all the taxes it ever dreamed of. We are rapidly being converted from milk cows to just beef cows. This is creating a completely totalitarian future. With people like this who never had a real job but knows how to dictate to the world, our future looks very bleak.

Summers actually reveals this is really about taxes by arguing that the U.S. government should stop issuing new $100 bills and recall the old ones out of circulation. Keep in mind the government will comply because this is the balloon he is floating at their direction and the press cheers our demise. There is nobody in the press willing to call him out. They prefer to lick the ground he walks on. They give him air-time because that is their role.

Summers went further and suggested that even the $50 bill should be examined. In support of the ECB ending the €500 note, he slandered Luxembourg who objects to ending the €500 note by saying that this minuscule country has a “long and unsavory tradition of giving comfort to tax evaders, money launderers, and other proponents of bank secrecy.”

This proves that withdrawing the €500 note in Europe and the $100 and $50 bills in the U.S. is all about taxes — not crime or terrorism. They are moving to end money as we know it. The problem is that the $100 bill circulates predominantly OUTSIDE the USA. They will take a step closer to eliminating the dollar as the reserve currency, and eventually we will end up with a new one-world currency as early as 2018 but probably by 2020. This is really part of the 2017 G20 accord to tax everyone everywhere.

Thank you Mr. Summers for your persistent dedication to eliminating our freedom and converting the world into a giant totalitarian state, despite admitting the government is incapable of forecasting the business cycle. That means that they are too blind to even comprehend the consequences of their actions today.

Mario Draghi has claimed that the European Central Bank would withdraw its €500 highest-denomination banknote only to combat crime— not to curb the use of paper money — but you really cannot expect him to tell the truth. If he really told the truth, he would set off a panic withdraw from banks.

The USA use to print $10,000 notes in 1934. That stopped with Roosevelt and the birth of socialism to prevent people from storing cash to escape taxes. There was no excuse of terrorism or crime. Crime has actually declined. Draghi is simply engaging in political bullshit by denying the truth so he can quietly remove cash from society. Teddy Roosevelt even used recorded speeches for people to listen to during the election of 1912 to press the socialist agenda under the Progressive Party. The night of the election in 1932, there were rumors that Roosevelt would close the banks and devalue the dollar. Hoover begged him to come out and say he would not for the rumor set in motion a banking panic. Those with money withdrew it. Roosevelt came out of the high of the election and lied to the public by saying he would never do such a thing. In fact, if he told the truth, people would have poured into the banks and withdrew their deposits in gold. So he lied, and then demanded all gold be turned over to the Treasury, and then he devalued the dollar in 1934.

So never pay attention to the words of politicians or central bankers. They can never say what they will do for the public will act in a counter-trend move. Draghi is withdrawing the €500 notes for the same reason FDR stopped the Treasury from issuing high denomination notes — taxes; not crime nor terrorism. It has always been about money.