A Guide to Monetary Unions Edging us Closer to a NWO Global Currency

A recent news article got me thinking about Monetary Unions and the NWO's push towards a Global Currency GC*.

www.abovetopsecret.com...

UAE abandons monetary Union plans

The United Arab Emirates has withdrawn from Gulf Arab plans for a single currency, becoming the second country to withdraw from the plan for monetary union.

The country's monetary policy will remain unchanged, with the UAE dirham pegged to the US dollar, the state news agency WAM reported on Wednesday.

Oman ruled out joining a single Gulf currency in 2006 and the UAE's move threatens to end the project for monetary union entirely.

But a senior source in the Gulf said that the four remaining states are still committed to monetary union.

The decison by the UAE is a setback for the NWO granted, although I was not even aware that there were plans for an Arab Monetary Union. With that in mind I decided to dig further and see if there are other Monetary Unioins being planned and relate the information to you.

1) Obviously we already have in operation the EUROZONE, comprised of:

Austria
Belgium
Cyprus
Finland
France
germany
Greece
Ireland
Italy
Luxembourg
Malta
Netherlands
Portugal
Slovakia
Slovenia
Spain

CENTRAL BANK: European Central Bank(Frankfurt) CURRENCY: Euro

2) I've already mentioned the Middle Eastern Union above, which is planned for 2010 but is seriously behind. I'd expect it sometime in 2012/13. The following nations are commited to a single gulf currency:

Saudi Arabia
Kuwait
Qatar
Bahrain

CENTRAL BANK: Gulf Central Bank(Riyadh) CURRENCY: unknown

3) The North American Free Trade Agreement (NAFTA) was launched in january 1994 and was signed by the the United States, Canada, and Mexico. In March 2005 the Security and Prosperity Partnership of North America (SPP) was launched, as a trilateral effort to increase security and enhance prosperity among the NAFTA nations through greater cooperation and information sharing. Both of these organisations refute any accusations that there is in place a plan for a single currency for North America, citing differences in economic management, national debt and policy to name just a few. However the theory of the North American currency union was first proposed in 1999 by Canadian economist Herbert G. Grubel. A senior fellow of the conservative Fraser Institute think-tank, he published a book titled The Case for the Amero in September 1999.

Although theoretical at this point, there are reports originating from MSM that the North American Currency Union and the North American currency may step from the world of the conspiracy theorist, to the world of conspiracy fact.(see video below)

CENTRAL BANK: Union of North America Central Bank(Washington?) CURRENCY: Amero



4) In December 2006, Australias Parliament’s Committee on Legal and Constitutional Affairs, suggested 27 ideas for a closer realtionship between NZ and Australia. One of them being a Australasian Common Currency:

“In this era of globalisation, it makes sense for Australia and New Zealand to look at moving closer together,” said Peter Slipper, the committee chairman.

Although rejected by New Zealand’s finance minister Dr. Michael Cullen, one can only wonder, in the uncertainty of the global recession how long before this idea is back on the table?

Amongst some Pacific Island Nations there have been calls to adopt the use of the Australian dollar.


5) In June 2008 representatives from The System of Central American Integration (SICA), an organization created by the States of the Republics of El Salvador, Honduras, Nicaragua, Guatemala, Costa Rica and Panama, together with officials from the Dominican Republic and Belize met and decided on a 41 point blueprint to help the region weather the current global financial storm. Among the measures agreed upon was the introduction of a common regional currency.

Common currency, passport for SICA countries?

A seemingly far off solution to an imminent financial problem. However the Central Amercian Monetary Union would consist of:

Honduras
Guatemala
El Salvador
Nicaragua
Costa Rica
Panama
Dominican Republic
Belize

CENTRAL BANK: unknown CURRENCY: unknown

6) AFRICA IN THE QUEST FOR A COMMON CURRNECY

The African Union Commissioner for Economic Affairs Dr. Maxwell Mkwezalamba has expressed optimism for the adoption of a common currency for Africa. Dr. Mkwezalamba was speaking during a meeting with the Minister for Foreign Affairs Hon. Moses Wetang’ula.

The AU commissioner was in the country for the Congress of African Economists conference which was held in Nairobi between 2nd and 5th March 2009.

What more needs to be said? Although the issues in Africa are many, the heads of this great continent feel the need to impliment a Common Curency policy. I feel however that political instability in this region would be a huge stumbling block to the formation of an African Central Bank without the guarantees and oversight of either the Eurozone or North American Union.

CENTRAL BANK: African Central Bank? CURRENCY: unknown


7) Think tank calls for common Asian currency

Japan should take political initiatives to achieve an Asian monetary unification in the 2030s that supplements, if not replaces, the current fragile international economic and financial system, a semigovernmental think tank said in a report released Monday.

The U.S. alone can no longer resolve the current global economic crisis. Creation of an open, multilayered international economic and financial system is vital to ensure stable, sustainable development of the world economy, the report by the Institute for International Policy Studies says.

In every continent, the NWO is attempting to impliment Common Currencies, using the global meltdown as an excuse. Once these are in place the next step is to combine these Unions, what's left? A GC*



[edit on 21-5-2009 by kiwifoot]

reply to post by kiwifoot


A footnote to the thread, another possible Monetary Union that may be on the horizon is that of the Russian Union State. This is a collaberation of the Russian Federation and Belarus, with the intention of providing greater political, economic, and social integration.

A common currency was planned as early as 2004 but has been pushed back year on year since then. Although in 2009 there has been renewed vigour in the political will to impliment the Union, signalled by a two billion ruble increase in its budget from five billion in 2008. This is huge considering the current economic times we are in.

In short, I would not be suprised to see a renewed attempt at bringing in a comon currency between Belarus and the Russian Federation.

Kiwifoot



[edit on 22-5-2009 by kiwifoot]

reply to post by kiwifoot


I also found this which is very interesting:

UN touts new global currentcy reserve system.

A UN panel of expert economists pressed Thursday for a new global currency reserve scheme to replace the volatile, dollar-based system and for coordinated steps by rich countries to stimulate their economies.

"A new Global Reserve System -- what may be viewed as a greatly expanded SDR (Special Drawing Rights), with regular or cyclically adjusted emissions calibrated to the size of reserve accumulations, could contribute to global stability, economic strength and global equity," the panel said.

As part of several recommendations to tackle the global financial crisis, the panel also noted recovery would require all developed countries, in the short term, to take "strong, coordinated and effective actions to stimulate their economies."

And it stressed the need to "lay the basis for the long-run reforms that will be necessary if we are to have a more stable and more prosperous global economy and avoid future global crises."

Already being discussed on the ATS thread:

www.abovetopsecret.com...

Which is probably a key step in one day tying al the Common Currencies together.

[edit on 23-5-2009 by kiwifoot]