On March 15th, former military officer and remote viewer Major Ed Dames appeared on the Coast to Coast AM radio show and provided futuristic viewings and predictions in the years ahead for the global economy. Known as Dr. Doom for many of his apocalyptic assessments of future events, the one-time head of remote viewing and biological projects for the United States military confirmed prior economic predictions for both Europe and the US, and added a wildcard into the mix by remote viewing the collapse of the Japanese economy virtually overnight.
George Norry: Ed, bouncing economy since 2008, what do you see in the next year or two?
Ed Dames: Well, I mentioned on your show a couple of shows ago that Germany is going to dump the Euro, but stay in the European Union and you were surprised with that.
GN: Yes I was.
ED: I still stand by that. But what people are not looking at… while people are looking at the Middle East right now but for good reason, nobody is looking at the Korean peninsula because (sarcasm) nothing could happen there right?
GN: Right. And with Kim Jong Ill dead, everybody forgot about Korea.
ED: Right, right. Nobody’s looking at, in terms of economies… very few people, except the really wise economists are looking at Japan. Because Japan’s the real wild card. Because their economy… I mean they are in 10 times more trouble than Greece, and many times more bigger, and that’s the wildcard that nobody sees. And when that goes down, it’s not going to be the domino effect from Greece defaulting, and then Spain and perhaps Italy and Portugal. Nope, what’s going to take everybody by surprise is that the Japanese economy is going to virtually overnight go bad. That’s what is going to really catalyze the global economic collapse, which I predicted long ago.
GN: Will that affect us? If Japan goes down?
ED: Absolutely. The US is bankrupt as you know, and there is only two pathways to go. Default, which we’re not going to do… we’ll do the other thing… we’ll inflate. We’ll inflate until the dollar is so unattractive to anybody else who would ever buy it, that it will be the end of the game. They will keep printing and printing and printing… that’s why, in terms of gold, and the gold standard, in terms of gasoline and food, prices are relatively stable. It’s the value of the dollar, where the inflation will get so great, and the dollar will get so disposed in worth and go by the wayside as historical fiat currencies do. – Coast to Coast AM, March 15th
As the world has been focussing on Greece, very few indeed have been dedicating time towards a potential collapse in Japan, even with economic indicators screaming that there are major problems in the Pacific Rim economy. Besides a massive drop in exports since the Fukashima nuclear meltdown and tsunami, the island nation recently crossed a national debt of over one quadrillion yen. This debt is tied to a 20 year stagnation in Japanese growth, and is growing larger with each passing month.
Japan is considered the world’s third largest economy, behind only China and the United States, and is a key partner in trade exports to America. Additionally, the US relies upon Japan to purchase our debt with dollars they receive from those exports, and any change to the status quo will mean higher inflation as the Federal Reserve is forced to buy more treasuries from the government.
Major Dames’ second prediction on Germany disconnecting from the Euro may already be in the works, and prove to be a correct assessment. In October of last year, Germany began to re-print the Deutsche Mark in preparation to the fall of the Euro as central banks and sovereign nations in the EU move away from the currency in potential defaults.
The United States, especially the global banking system, is intriscally tied to all points on the globe, and all economies in the West and Asian regions. If one region or major economy should default, it would have major repurcussions to America and the entire global economic system. Couple this with the growing threat of war across the world, and and the potential collapse in trade or energy imports due to a conflict, and a nation like Japan could topple overnight since it requires most of its energy imported from abroad.
Dr Doom is a well respected and highly sought after individual for his work with police agencies in finding missing children, and in recent months, for determining the location of lost billionaire Steve Fawcett when he crashed his aircraft in the Sierra Nevada mountains. Many of his predictions through the use of remote viewing have come to pass, and these include current and former predictions on economic events. Time will tell if his belief that Germany will disconnect from the Euro, and that Japan will endure a sudden collapse in their economy will come to fruition, but should either instance come to pass, then America will experience a great deal of suffering in our economy due to the intrinsic nature of the global system.