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World Bank And IMF Join Global Attack On The Dollar!

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posted on Oct, 6 2009 @ 05:14 AM
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Zoellick is at the helm folks, and this is the new horizon. Listen carefully, as the Power Shift is about to happen!

To think that the NWO was a conspriacy theory!?


America, Zoellick says, can no longer rely on the dollar ruling the roost. The euro and the Chinese renminbi are candidates to become reserve currencies



"We are balanced on a knife edge,"
Simms


"The potentialities are wonderful; the probabilities deeply disturbing."


Accept it, plan for it, and get used to it!?

While we hoped for an audit of the Fed the G20 had the meetings of the minds! The Federal Reserve has no choice but to devalue the dollar. They are directed by the World Bank and the IMF!
This is the Global Banking Cabal!

Bilderberg Elitest Zoellick has spoken, and it is done? Just like that?.
Put a fork in it? I dont know...we needed a revolution!

The U.S. and every nation will lose it's sovereignty!?


The wrenching financial crisis of the past two years will provide the catalyst for a profound change in the global economy – which, according to the man running the World Bank, will see China and India become established centres of power, the dollar eclipsed as the sole reserve currency, and Latin America, south-east Asia and Africa emerge as new sources of growth.

But as he surveys the wreckage caused by what the bank and its sister organisation, the International Monetary Fund, agree is the most severe crisis since the devastation caused by the second world war, Robert Zoellick is surprisingly upbeat about the future.

Asked by the Observer how he envisages the global economy in 20 years' time, Zoellick says: "There will certainly be a larger role for the emerging powers, there will be multipolar sources of growth, there will be more south-south trade between developing countries....

......
Zoellick says that, while this does not mean the end of the US as a big player on the world stage, it has brought the curtain down on the unipolar world that followed the collapse of communism 20 years ago.
...

www.guardian.co.uk...

Related ATS Thread:
Bilderberg Elitest Zoellick Admits Plan To End U.S. Sovereignty


Andrew Simms, head of policy at the New Economics Foundation thinktank, says: "One major thing that will describe the landscape in 2029 is that we will be beyond the point of peak oil. That will be the trigger for so many dominoes to fall." Decisions made in the next few years, he adds, will be critical. "There is the risk of enormous knock-on effects on trade and food supply, with the food price volatility of the last year looking like a vicar's tea party."

He believes food security will replace gross domestic product as the yardstick of success, and there will be an emphasis on the new "three Rs" – reduce, repair, recycle.

In one respect, Zoellick, Strauss-Kahn and Simms are in full agreement: decisions taken in the next two or three years will shape the next two or three decades.




[edit on 6-10-2009 by burntheships]




posted on Oct, 6 2009 @ 01:00 PM
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And don't forget out friend the UN!


UN calls for new reserve currency
Oct 6 07:17 AM US/Eastern
www.breitbart.com...

The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit.

"Important progress in managing imbalances can be made by reducing the reserve currency country?s 'privilege' to run external deficits in order to provide international liquidity," UN undersecretary-general for economic and social affairs, Sha Zukang, said.

Speaking at the annual meetings of the International Monetary Fund and World Bank in Istanbul, he said: "It is timely to emphasise that such a system also creates a more equitable method of sharing the seigniorage derived from providing global liquidity."

Spot Gold record high of $1043.34

(Nice new Avatar!
)

[edit on 10/6/2009 by Hx3_1963]



posted on Oct, 6 2009 @ 01:08 PM
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reply to post by Hx3_1963
 


Nice addition,
your article. With The United Nations chiming in.... They have been rumbling around for a while murmer here and there...however I think we have been properly warned now by Bilderberg Zoellick. You know they have rules they have to play by...

Me thinks they dost protest too loudly:

Today:

Big oil producing nations denied a British newspaper report on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in trading oil.

ca.reuters.com...

[edit on 6-10-2009 by burntheships]



posted on Oct, 6 2009 @ 01:14 PM
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reply to post by burntheships
 
It was quite a mess on the ~channels~ last night when the story broke, on the ~secret meeting~


CNBS Worldwide Exchange showed the UK paper Headline and stuttering quickly commenced...


...Then..."Everyone is denying it"...of course they are...what would you expect TPTB to do...it was a ~secret~ after all...



posted on Oct, 6 2009 @ 01:18 PM
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reply to post by Hx3_1963
 


Deny deny deny...


The dollar eased in response to the report, which was written by The Independent's Middle East correspondent Robert Fisk and cited unidentified sources in Gulf Arab states and Chinese banking sources in Hong Kong.

It said the proposal was for trade in crude oil to move over nine years to a basket of currencies including the Japanese yen, the Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, which includes Saudi Arabia and Kuwait.

The report coincides with a wider debate on the role of the dollar as the world's reserve currency, which has come under question. For most of this decade, the United States has struggled to maintain the dollar's value.

But top officials of Saudi Arabia and Russia, speaking on the sidelines of International Monetary Fund meetings in Istanbul, denied there were such talks. The two countries are the world's largest and second-largest oil exporters.
ca.reuters.com...



posted on Oct, 6 2009 @ 01:41 PM
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'burntheships' "The U.S. and every nation will lose it's sovereignty!?



Indeed.... recall the bilderbergers and others comprising the NWO
have already planned that the globe will be organized into 10 geopolitical/financial Zones.... Countries become States within that Zone

the soon to be born NAU and the EU will be the whippingboys for the rest of the world, (i.e. the other 8 Zones)
Asia, Africa, China, Russia, India, SAmerica, Oceania & Islamic Caliphate



posted on Oct, 6 2009 @ 01:43 PM
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reply to post by burntheships
 

s/f as always

The dollar's days are numbered.
The officials can deny plans for a new currency all they want but information from backroom deals are being leaked.

Watch this video:
www.abovetopsecret.com...

Max says that groups are working on a system whereby existing currencies could convert to new a currency and keep their values, except the US dollar which could loose up to 50% value.

go figure

[edit on 6-10-2009 by warrenb]



posted on Oct, 6 2009 @ 01:43 PM
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Drill baby, drill! There is plenty of oil sitting underneath the United States and more than plenty natural gas sitting under Alaska. We tap it, we distribute it, and we become self sufficient in gas and oil, plus we enact regulations prohibiting trade of any American supplied oil with nations that use this new "basket of currency."

Let's see how OPEC likes not having the US purchasing oil from them anymore.



posted on Oct, 6 2009 @ 01:53 PM
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Hmmm...this adds another page to the ~story~ :shk:


Guest Post: China Defaults, Currency Basket Threatens Dollar
www.zerohedge.com...

Robert Fisk exposed revived discussions by the Gulf States, China, France, Japan, Brazil, and Russia to replace the dollar as the benchmark oil trading currency with a basket of currencies including gold within 10 years. This proposal is not new and discussions have been ongoing for decades. But other extraordinary moves in the capital markets suggest we should take this threat to the dollar’s position very seriously. For example, China has $2.3 trillion in currency reserves (about 70% in dollars), and China knows how to get its way.

In November 2008, Chinese banks said they would no longer play by our rules. Top tier banks (Bank of China and Industrial and Commercial Bank of China) reneged on derivatives contracts. They failed to come up with billions in collateral on dollar/yen FX trades, which were out of the money after the yen’s October appreciation. This should have been headline news in every financial newspaper, but it wasn’t.

Chinese banks defaulted. They may have been partially motivated by U.S. malfeasance in the capital markets that caused losses in Asia. The U.S. squandered its credibility and our cover-ups have done nothing to restore it.
More at Link...



posted on Oct, 6 2009 @ 02:13 PM
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reply to post by St Udio
 


I venture to say your words will soon befall us.

Our leader President has us marching to the NWO plan. He is the only U.S. President to have accepted a U.N. chair!

Indeed the dog and pony show; that is Paulsen, Geithner, & Obama.



posted on Oct, 6 2009 @ 10:54 PM
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Originally posted by burdman30ott6
Drill baby, drill! There is plenty of oil sitting underneath the United States and more than plenty natural gas sitting under Alaska. We tap it, we distribute it, and we become self sufficient in gas and oil, plus we enact regulations prohibiting trade of any American supplied oil with nations that use this new "basket of currency."

Let's see how OPEC likes not having the US purchasing oil from them anymore.


Stellar idea...if only our leader was for us/with us!



posted on Oct, 7 2009 @ 08:34 AM
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reply to post by burntheships
 


The plan all along has been to collapse the American dollar.

The formation of the European Union, the later planned North American Union, and the soon to be Asian Union are all a part of the soon to be coming World Dollar.

The North American Union was outlined in the M.I.A.C. Report, like evidence released in advance of a crime being committed, the Missouri Information Analysis Center targeted militia groups who stood up for our country, and the F.B.I. who outsourced the plan for M.I.A.C. to Missouri tried to stop the militia's from warning American citizens, because the M.I.A.C. Report is just another version of Project Megiddo, which in turn was just another version of COINTELPRO.

The Creature from Jekyll Island : A Second Look at the Federal Reserve

The thread above, based upon a book by the same name, has videos which outlines the entire process of the Federal Reserve's role in collapasing our economy through N.A.F.T.A., S.A.F.T.A. (upcoming), and EU, NAU, AU, and a host of other measures which lead to the eventual World Dollar.

The problem is that this Global Dollar will eventually lead to this :



...which is tied to these...

China Challenges US Global Financial Leadership



...which is linked to these...

Bilderberger : The Global Agenda, Eugenics, Global Warming, And Biochiping Sheeple



...which is also linked to these...

The World-Wide Web of Surveillance of Your Online/Offline Activities



...which ties back to these...

The True Story of the Bilderberg Group : Daniel Estulin



...which is also linked to these...

Where'd The Bailout Money Go? Shhhh, It's A Secret



...which makes these three equal...

Bend Over, With Lube, Here It Comes (Economic Stimulus Package In PDF's)



...which means when you walk through this...

Philosophical Discussion : What If Next Time You Clicked "Post New Topic" Made You A Terrorist?



...you then become a commodity like this...

To Be Chipped, Or Not? Owning Stock In Your Own Verichip, And Politics

Google's "Street View" Brings World To Grand Rapid's Door



...just do not let yourself become this...

Ripped From The Headlines : Another Day In A Christian Paradise? Part 1(LSWC)



[edit on 7-10-2009 by SpartanKingLeonidas]



posted on Oct, 7 2009 @ 08:56 AM
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Good for them - FOOLS!
The domino affect will cascade through the financial systems of the entire world. The US financial system is the hub of the wheel. Remove the hub and the wheel fails to turn. What most of these "Emerging powers" fail to recognize is that they a.) do not have enough arable land to feed their own people, b.) do not have the natural resources to support their manufacturing and consumption, c.) lack the R&D resources to maximize efficiencies through the development of technology, d.) and many lack access to enough fresh water, medical technology etc...

The elite banksters are seriously underestimating the end result of this game that they are playing. They will NOT end up with control of the world, they will end up swinging from ropes strung from trees or on pikes on display in town squares! China, India, and Brazil all have a poverty stricken under-classes that are not likely to sit idly by as a few select people get rich while they continue to struggle for survival - China is already seeing the discontent in provinces outside the finacial centers.

In the short term, this will have disasterous consequences for the "Averge" human - starvation, disease, famine etc... BUT, the spirit of free men will prevail - it always has throughout the whole of human history. Dictators and oppressors always fail in the end.

I say let them bring this whole house of cards down upon themselves. All of their "money" will be meaningless without the cooperation of mankind whose very labor, productivity and creativity give their "money" its value. Once "money" is removed from the masses they will find new ways to assign value to their skills and labor. They will barter, trade and cooperate for survival. I shall love to see one of these elite banksters attempt to trade their meaningless paper for food and clothing.

True, we are at the dawn of a new era. Just as the pains of birth give rise to new life, so shall the pains of shedding our old, defunct system!



posted on Oct, 7 2009 @ 02:54 PM
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reply to post by burntheships
 


S&F,

I think many are worried about paying with SDR's. Things are heating up more.



posted on Oct, 9 2009 @ 01:16 AM
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reply to post by SpartanKingLeonidas
 


You present a clear and unmistakeable picture of the future!

For todays insight....
Let us look at Hur Geithners scehdule...


AP obtained Geithner’s appointment calendars through a FOIA request. The calendars reveal what readers of Infowars already knew — Geithner and the Treasury Department take orders from Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc.

Geithner is a consummate Wall Street insider. He was the president of the Federal Reserve Bank of New York. He was a Senior Fellow in the International Economics department of the Council on Foreign Relations, a member of the Group of Thirty (a Rockefeller operation), worked for Kissinger Associates, and is a member of the Trilateral Commission. Lawrence Summers was his mentor. He is a Robert Rubin protégé. Rubin, Clinton’s Treasury Secretary, was Chairman of Citigroup. Summers, also a Clinton Treasury Secretary, was Chief Economist for the World Bank and was tapped by Obama to be the director of the White House National Economic Council. Geithner also sits on the board of the Bank for International Settlements, the mega-globalist outfit that enjoys immunity from virtually all regulation, scrutiny and accountability.

“Geithner had more contacts with Citigroup than he did with Rep. Barney Frank, D-Mass., the lawmaker leading the effort to approve Geithner’s overhaul of the financial system. Geithner’s contacts with [Lloyd Blankfein, CEO of Goldman Sachs] alone outnumber his contacts with Sen. Christopher Dodd, D-Conn., chairman of the Senate Banking Committee.” Source
RS Write-up





[edit on 9-10-2009 by burntheships]



posted on Oct, 9 2009 @ 09:00 AM
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reply to post by burntheships
 


I read a lot of books, magazines, articles in newspapers, you name it.

It all depends on what catches my particular attention at the time.

I have only been studying this entire thing all of my life in various aspects.

That many people cannot see what is right in front of their faces scares the Hell out of me when it comes to this because each and every one of those pictures I got from various websites having to do with the R.F.I.D. chip, bio-chip (Verichip/Digital Angel - which is the high-end R.F.I.D. chip), and as well the entire system has been set up for decades and staring people right in their faces each and every time they go to the grocery store and check out with the cashier.

The barcode is equal to the R.F.I.D. chip through inventory control, a running Census, if you will, of what food is being purchased, so they can track the trending of money spent, items purchased, and as well with those devices called EAS the theft, which can all be linked back to the bio-chip because when it is implemented we all become inventory, and a constant running Census will be done, corroborating with those devices, where our location is, what we have spent our money on, how much we have spent, and as well our travel patterns, called in animal tracking, herd migration.

Each and every piece of what I have said can be corroborated, elaborated on, and as well gone even farther in depth on because it is a part of the system that Ted Kaczynski was trying to shut down, called connectivity.


Quote from : Wikipedia : Ted Kaczynski

Theodore John Kaczynski (pronounced /kəˈzɪnski/; born May 22, 1942), also known as the Unabomber (University and Airline Bomber), is an American mathematician, social critic, and murderer who carried out a campaign of mail bombings, as well as a described anarcho-primitivist.


David Gelernter (one of the Unabomber's victims) was speaking about the connectivity of the soon to be coming Internet, public use was not out at the time except for select individuals (my family were Beta-Testers, I have been online for twenty years plus).

Mirror Worlds: or the Day Software Puts the Universe in a Shoebox...How It Will Happen and What It Will Mean


Amazon Review :

Within ten years, Gelernter (Computer Science/Yale) predicts here, scientists will deploy computer systems able to capture extensive data about a particular "reality'' (hospital, city, etc.), and to present a constantly updated model on a desktop computer.

"A Mirror World is some huge institution's moving, true-to- life mirror image trapped inside a computer--where you can see and grasp it whole,'' Gelernter writes.

Citizens will be able to visit these computer models like public squares, gaining unprecedented access to data on what's going on (and the officials in charge, the author intimates, will presumably welcome a chance to have their performance monitored).

Building such mirror worlds will be extraordinarily difficult: streams and rivers of raw data need to be constantly flowing; thousands of computers must process the data in parallel fashion; and tying it all together will demand new kinds of software of immense complexity.

Gelernter explains clearly the problems to be solved and describes pieces of the technology already working in research labs.

Left unchallenged is his assumption that such technology will remain benign--giving honest folk a way of grasping an ever-more complex world instead of providing the powerful owners of such technology a superb way to distort and control "reality.''

Plausible but potentially frightening view of what the future could hold if those who view "reality'' as merely a vast array of numbers waiting to be crunched have their way.

(Twenty illustrations--not seen.) -- Copyright ©1991, Kirkus Associates, LP. All rights reserved. --This text refers to an out of print or unavailable edition of this title.


Just to clarify for those reading this particular thread and any and all subsequent ones herein not yet outlined, I am not advocating violence through bombing, nor am I condoning the actions of Theodore Kaczynski, and what I see as his mad bombing attacks on innocent victims who were just doing their jobs, research, and whatever else they were doing. The man's actions are some of the most heinous and contemptibly damning things he could have ever done to anyone despite the intent behind the actions, he could have very easily gone another route and instead of intimidation through illegal actions spoken out verbally through speeches and or proved his theories since he was a mathematician of what I have conjectured here were his reasoning behind the actions of committing to the course he undertook.

Nor am I promoting or condoning anarchism in any way, shape, or form.

[edit on 9-10-2009 by SpartanKingLeonidas]



posted on Oct, 12 2009 @ 10:25 AM
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reply to post by SpartanKingLeonidas
 


Thanks for more information there. Then path was set out clearly long ago to breakdown the barriers of individual sovereignty, and each nations sovereignty.

It seems that the Federal Reserve has become a terrorist organization in itself.

News keeps flowing in on the Dollar's Demise...

Today, this headline: 10/12/2009

Dollar facing 'power-shift': analysts


The dollar's position as the world's leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said.

A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the uncertainty surrounding the US currency's future.......

........at the annual meetings of the International Monetary Fund and World Bank, whose President Robert Zoellick recently warned that the United States should not "take for granted" the dollar's role as preeminent global reserve currency.

Meanwhile at a G20 summit in Pittsburgh last month, world leaders unveiled a new vision for economic governance, with bold plans to fix global imbalances and give more clout to emerging giants such as China and India.

Following the summit, US Treasury Secretary Timothy Geithner repeated Washington's commitment to a strong dollar.

But last week the finance chief was left to watch as traders used The Independent's report as an opportunity to push lower the troubled US unit.

The report "has helped concentrate the minds of traders and investors alike, and has given them another excuse to take the dollar lower," GFT Global Markets analyst David Morrison told AFP.


"Despite what the Fed and other central bankers say, a weaker dollar is desirable because it is necessary to rebalance the global economy.




posted on Oct, 15 2009 @ 08:48 AM
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I really think the IMF & the WorldBank are in cahoots with the Washington FederalReserve and the London CentralBank...

with the USD being devalued just as the British Pound once was...

a little acknowledged fact is that the USTreasury is holding 8,133.528072 tonnes of fine gold.”...there are 32150.7466 troy ounces in a tonne ->>
@ ? $1,050.oo -- $1,500.oo Oz. ?


you all do the math...& see the USD is being played on the WordTrade scene, also the FOREX markets.


Wait until the globalist elites decide to sell their high-priced gold & invest in the new revamped & suddenly super Wealthy USTreasury combined with the super Wealthy FED & their cabal 0f newly wealthy American Central Banks & Primary market movers (i.e. goldman sacs et al.)
~my guess late 2011~



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