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Sadly, the U.S. can expect to see itself picked-off by the same IMF-style austerity measures that have driven Greece and Spain into riots, and long imposed control on vulnerable 3rd World countries throughout the globe. A financial coup d’etat has taken place over the past two years, and the global elite are moving to consolidate the pieces– except where patriots have been strong enough to stand up and say no.
The United States as we know it has ended, Alex Jones warns, as the nation has lost its credit rating with China, its Dollar reserve status and faces saddling debt and cuts in programs and services.
Central banks start to abandon the U.S. dollar
There's mounting evidence that central bankers have little faith in the greenback these days. Can we blame them?
by Heidi N. Moore, contributor
There are those who would argue that the financial crisis was caused by over-enthusiastic worship of the Almighty Dollar. Call it brutal financial karma, but that church is looking pretty empty these days.
A new report from Morgan Stanley analyst Emma Lawson confirms what many had suspected: the dollar is firmly on its way to losing its status as the reserve currency of the world. We already knew that central banks have preferred gold to dollars, and that they're even selling their gold for cash; now, according to Lawson's data, it seems that those central banks prefer almost anything to dollars.
Lawson found that central banks have dropped their allocation to U.S. dollars by nearly a full percentage point to 57.3% from 58.1%, and calls this "unexpected given the global environment." She adds, "over time we anticipate that reserve managers may reduce their holdings further."
Starting to change? Things always change. Beyond the lies? There were lies long before Alex Jones was born and there will be lies long after he is gone.
Originally posted by America?
reply to post by Emilyh
He mite say this every year, but can't you see things starting to change and beyond the lies?
Excellent point and you whipped out the Soviet Union as a perfect example.
Originally posted by silent thunder
Nuance, people, nuance.
It's not always a stark, blac-and-white choice between A) an endless parade of shiny new marble countertops and subzero refrigerators bought on credit versus B) munching on a roasted human femur over a trashcan fire while waiting for Lord Humongous to grant you safe passage through the Wastelands.
Consider the Soviet Union, or Argentina. Life was very hard there for a time after their respective crises, but life goes on, doesn't it? Not saying we aren't in for a bumpy ride, but there are many, many levels between chaos and global hegemony that could play out.
Originally posted by freetree64
reply to post by princeofpeace
Wow! sound's like somebody's had a little too much doom today, maybe tommorow lay off the net, and go rent a limo, with some sport's team cheerleaders that have nothing to do, and go paint the town red....
Originally posted by zroth
I'd hate to be a CEO when hunting season opens.
Alex Jones makes good points but he is so over the top that people stop listening.
Originally posted by harrytuttle
reply to post by ElectricUniverse
"Road Warrior" like? Which movie in the trilogy, "Mad Max", "The Road Warrior", "Beyond Thunderdome"?
I could see maybe "Mad Max" because in that movie society is still somewhat intact. But by the "Road Warrior" society has decayed to a wasteland. And "Beyond Thunderdome" would take something like 25 years to get to, where an entire generation is being born that has NO CLUE what the world was like before the collapse.
So, I'd have to say "Mad Max". Or perhaps just "Mad Jones"?
[edit on 15-7-2010 by harrytuttle]