Black People : G20 Plan to Dump the US dollar

Discussion in 'Black People Open Forum' started by Ankhur, Nov 4, 2009.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    Doesn't take an economics major to know what that will do to the economy here

    Estulin: G-20 Meeting in Scotland this Week about Dumping U.S. Dollar

    Posted By admin On November 3, 2009 @ 2:54 pm In Economic Crisis
    Vocus/PRWEB
    November 3, 2009

    Best-selling author Daniel Estulin states that the key issue to be discussed this week at the G20 Finance Ministers and Central Bank Governors Meeting, being held in St. Andrews, Scotland, is how to bring down the present world financial system through dumping the US dollar. Estulin first reported on this initiative as being deliberated at the most recent Bilderberg meeting held in Greece in May 2009. Estulin says that the success or failure of this callous plan hinges on the ability of the US and UK representatives to convince the Russian, the Chinese and other national governments to go along with their scheme.


    Estulin maintains that if the co-conspirators succeed, such sudden devaluation of the US dollar would result in the sinking of the world economy through a chain-reaction collapse of the entire world’s financial system. As discussed during the Bilderberg Group’s super-secret conclave back in May, this breakdown would then be used as an excuse to launch a new world monetary system. G20 leaders are aware that those who run the monetary markets, the monetary system, control the world. That is why today, the world is run through a dominant one-currency monetary system and not by national credit systems.

    A severe breakdown crisis would affect every corner of the world and be a prelude to instability, wars and general hostility along financial, geographical and geopolitical lines, affecting not only particular countries but also societies, cultures and whole continents. Such a breakdown could result in a consolidation of the world’s monetary system.

    Estulin declares that the creation of the new world currency is the true meaning of globalization, which is nothing but an empire. It is the elimination of the nation-state, the degradation of individual national liberties and the depredation of civil rights.

    Collapsing the US dollar, first of all, is an assault on the structure of the United States economy toward the creation of a “World Company.” This concept, Estulin states, was initially discussed at the April 1968 Bilderberg Group meeting, held in Canada at Mont Trembland, by George Ball, a senior Lehman Brothers banker and former undersecretary for economic affairs for Presidents John Kennedy and Lyndon Johnson.

    The aim of this World Company, as explained by Ball was “to eliminate the archaic political structure of nation-state” in favor of the more “modern” corporate structure. Ball also called for further political integration in Europe, and then the rest of the world, as a precondition for expanding the power of a World Company, thus putting the financiers on the same levels as governments.

    This initiative, the moving away from the US dollar as a world currency, is the true intention of the G20 meeting November 6-7 at St. Andrews in Scotland, the site of the 1998 Bilderberg conference, Estulin asserts.
     
  2. HODEE

    HODEE Well-Known Member MEMBER

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    True

    This would put the U.S. in greatest jeapordy.
    China would no longer honor our debt, and demand they be paid immediately with gold.
    There is an agreement made years ago that he U.S. dollar would be the dominate currency.

    Now that this crack has taken place, G20 advocates now see an opportunity to now do this move away from U.S. monetary control.

    The talk has been a Amero-dollar used between America, Canada and Mexico.
    So that if we were isolated by others we could trade with each other here.

    Europes move to the Euro dollar is no accident... they are going for the crash of the U.S. dominance as well.

    Why do you think the commercials are playing that advertise selling your gold for cash? ...CASH FOR GOLD... is not just something out of the blue.

    This is well known and may be accomplished.
    The dollar is falling based on this move.

    Conservative talk show host have been telling their listeners since 2006 I know of to move to gold porfolio's.

    The truth is there is not a lot of gold to trade. Fort Knox will have to be tapped.
     
  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    becareful of the Amero

    that mite also be part of the scheme, remember Laurence Summers,conspired with Gnewt Ginrich, to have GATT and NAFTA, put in place,
    outsourcing manufacturing here, to Mexico and Central America destroying the unions there, and lowering wages,
    and forcing many who then became jobless from that to become illegal aliens here.

    Black conspiracy theorists, have been promoting Black folks to buy gold since the Federal reserve took over national gold reserves years ago.
    When AU(Ashanti Gold) was selling at 3.87 I held my shares and sold them at 16.75. They sold the company to England("?") on pennies on the dollar.


    When gold was 365 per ounce i purchased an ounce per month until it went to 475.
    It is a good investment still today
     
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