G 20 Summit 11/11 & 11/12

Well, as for all of the prophets on ATS, I'm surprised that no one has included the G20 summit as a possible host to the expectations of our fated day of 11/11. Must someone be killed in order to make this "the event", or are there other various shapes and forms that our life changing scenario may take up?

There is certainly a great division amongst top economic powerhouses in the world as to how this global economic recovery is to be managed as the US and its new economic ally India plays with America's private deck of cards (which it bought from China) and consistently adds up the ante on the table. The US/FED coalition denies intentional devaluation of the dollar with the latest flash announcement of a 600-900 bil $ stimulus, which economists from every other nation in the world symbiotically conclude is an attempt to pressure developing nations to raise the value of their own currencies, making US exports more profitable.

Many see this as a direct statement to Beijing, and all are holding their breath as they await China's riposte to the US's hostile fiscal policies that threatens to undermine the global recovery, let alone the entire empire that is America. Essentially, the result of the US's seemingly careless blind bet is to get China to back out of the currency war, or else risk being blamed for the economic collapse of the world, alongside the US, if it were to make what would seem as only an intelligent business decision by pulling out billions in US treasury bonds in order to reap the highest gains possible from a medium-high valued dollar before it drops a significant amount in the coming months as speculated.

A lot more is at risk than just the US and Chinese economies though, and that is what the rest of the G18 are highly interested in addressing during the summit, and is what the rest of the 175 countries that aren't developed enough to be a part of the summit are praying to their television screens for; that the US and China can come to some agreement that eases tensions, that denounces protectionism, and that incorporates compromises on both sides. Sadly though, regardless of the results of the summit, any educated person in the world aware of the current state of the US and its policies know by now that only a miracle can prevent an inevitable economic collapse of the nation, and that global congregations such as the G20 have only become symbolic of a past hope that was built on the first financial crisis in 08, and that is now hard pressed on being redefined.

What is it then that this meeting can achieve, when achievement itself will have little to no effect on the inevitable? What is it that global leaders can agree upon for the near future, and what can they agree upon that has direct implications at the present? According to me, and the speculations and admissions of scores of people across the globe, is that it high time that the leaders will be quite clear about the real conditions the US has set itself up with in the world with its recent stimulus, and that the truth of a dollar backed global bond market will cease to have value once the dollar itself plummets, resulting in a less enticing America for investors. One solution proposed, is a gold backed global currency, and that is where I would like to start this thread off of. What do you expect from this meeting? Is it possible that a new global currency may be introduced? Will China and the US be able to reconcile, or has the water crept past the fall? What are your speculations on the UK Prime Minister's trip to China at such a time when the US President is touring southeast Asia? Strategic alliances are being made, but are they truly for economic purposes? Are the remaining superpowers making final preparations? Is tomorrow going to be the vindication day (V-Day it will be called if something profound does occur) for all the 11/11 theorists?

Sweet how we have the top 20 heads of the world in one location in artillery range from north Korea. must = good day.

A while back I was watching the bbc24 news channel. The news reader was interviewing some political "expert" or what ever and at 1:11, the "expert" that was being interviewed used the word "change" 3 times in a row! It sounded really strange, no way was it a slip of the tongue!

there really is more to the whole 11:11 thing that we know very little about!

Tomorrow could be a very ominous day with those greedy barstewards meeting en masse!!

watch this space!

I cant believe the arrogance of the USA this current round of debt moneterisation or buying your own debt will reduce the US dollar by ten percent thus Chinas holdings of bonds and treasuries will be worth ten per cent less on top of this Obama,Clinton et al are pushing China to increase the value of the Yuan and negatively affect its exports by making them more expensive no nation on earth is going to be so stupid as to go against its national interests in this manner.