Mar 11, 2009
Rest of story: http://www.timesonline.co.uk/tol/news/environment/article5877416.ece
It is in this moment that the global elite will appear on television screens, as if delivered by God himself, promising an end to all the suffering if only the leading nations of the world will agree to surrender their own currencies and adopt a new, global currency operated by the new "International Fed" (which won't actually be called that, mind you). ...
...The most likely scenario emerging right now is that once the economic crisis gets so bad in the U.S. that people are rioting in the streets, Obama will cave in to a new world bank authority and, in doing so, abandon the U.S. dollar.
If this unfolds, it means the U.S. dollar will be "traded in" for a new world currency of some sort, and in that exchange, U.S. dollar holders will maddeningly discover (surprise!) that they have lost anywhere from 60 percent to 90 percent of their purchasing power. This is the evil genius of the whole plan: Sure, you can trade in all your dollars, but for how much spending power? The answer, of course, is whatever they want to pay you. Because if all you hold are dollars, you don't have much choice in the matter, do you?
That's why diversifying out of the dollar right now is so important for anyone who doesn't want to lose most of their savings...." Read all here
More on the same from Ty Andros: "...The more the public servants take over broad swathes of the economy, the more opportunities there are for them to collect rents from campaign supporters in exchange for FAVORS; expanding opportunities for corruption, as if we did not already have enough. They now and in the future have a lot more inventory to SELL so the corruption is only set to skyrocket. It is sooooo much easier for crony capitalists to buy markets through legislation than to build and compete for market share. Mal Investments are set to explode. ...
...Governments in the G7 have now grown faster than the respective economies for DECADES. The G7 ability to create wealth, savings and produce more than it consumes is now very small and in freefall. The government and elite parasites have now outgrown the wealth creating private sectors, or "host", and are rapidly KILLING what profitable sectors are left, so collapse is set to unfold in an increasingly UGLY manner. The G7 are the most MASSIVE debtor nations in history and their currencies have now inflated to the point of collapse as ASSET backed economies and wealth creation through falsely stated inflation has now GONE INTO REVERSE. As Von Mises stated:
The latter is where we are today. The future money printing on a simultaneous basis will turn Dollars, Euros, and Pounds into dimes first, then worthlessness soon after. The maximum time to FINAL meltdown in my estimation is less than 5 years...." Read all here
"...In 2002, the US Geological Survey (USGS) published a list of more than 1000 deposits, mines, and occurrences in Afghanistan to confirm the country's wealth of mineral and hydrocarbon resources. Among the minerals found in abundance are gold, copper, iron, mercury, lead, and rare metals such as cesium, lithium, niobium, and tantalum. Tantalum, which is also known as coltan, is a rare element essential in the manufacture of cell phones, computers, and digital cameras. Lithium is necessary for high-tech batteries, specialty glasses and ceramics, and for some high-performance metal alloys. Niobium is used in steel alloys. According to Afghan geology expert, John Shroder, writing in a 2007 GeoJournal article, oil and natural gas reserves identified by the USGS far surpass earlier Soviet estimates..." Read all here
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