A grim report prepared for Prime Minister Putin by Russian Ministry of Finance experts warns today that the United States is expected to be ordered by its G-20 counterparts at its October 21-23 meeting in South Korea to devalue the US Dollar by no less than 50% in order to stave off what is widely believed to be an imminent collapse of the World’s economic system. The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the Global financial market that by 1998 had catastrophically devastated the Russian economy causing a two-thirds devaluation of the Ruble that plunged millions of middle-class Russian citizens into instant poverty. As the most important “cog”, so to speak, in the internal mechanisms that governs our every growing, and complex, Global economy, the “sands of time” have run out for the American Dollar being our World’s sole reserve currency, and which without its immediate devaluation threatens to spark an International currency war the likes of which have not been seen since the 1930’s, and as we can read as reported by London’s Telegraph News Service: To the grim task facing the G20 at their upcoming South Korean meet we can further read as reported by the Reuters News Service: Prompting the G20’s urgency for a quick devaluation of the US Dollar before an all-out Global economic collapse are the growing retaliatory actions of its members against the American’s for the wholesale printing of money with nothing to back it up, and as we can, also, read as reported by the Reuters News Service: Not just to the United States, either, are the fears of a Global economic collapse rising as reports from the United Kingdom are warning that their currency is, likewise, nearing collapse, and when coupled by the warningthat Ireland is about to have its credit rating downgraded has prompted the International Monetary Fund (IMF) to acknowledge for the first time that the West is caught in a “near depression”. Not being told to the American people about their coming Great Economic Collapse is that it is due to their Nation being effectively bankrupt with this years deficit adding $1.3 Trillion to a National debt of $13.5 Trillion, not to mention the unfunded liabilities for their Social Security and Medicare systems that are warned exceed $100 Trillion. Though the average American citizen is being deceived by their propaganda media and government masters so as not to terrify them about what is about to happen, the same cannot be said of their elite classes who, according to another recent Reuters News Service report, are buying gold by the ton in such a frenzy to protect their obscene wealth they have raised the price of this precious metal to record highs with it gaining nearly $100.00 in the past month alone, and over $300.00 in the past year as it nears $1,400.00 an ounce, and according to Kenneth Rogoff, a Professor of Economics and Public Policy at Harvard University, could very well reach $10,000.00 before all is “said and done”. To the actions of America’s leader, President Barack Obama, as millions of his citizens face economic oblivion it is beyond our understanding as new reports state that he has accelerated the timeline of what will be his longest overseas trip to his leaving 2 days after what is expected to be a crushing defeat of his Democratic Party in the November Mid-Term election, and which shortly after his government will announce the catastrophic devaluation of the US Dollar wiping out the savings of an entire generation of his people. The respected Christian Science Monitor, however, in their article titled “Obama as Roman emperor -- the rise and fall of the propaganda master” chilling portrays the American leader in terms that does make his actions understandable, and as we can, in part, read: Obama’s portrayal by the Christian Science Monitor of being a modern-day Roman Emperor, also, eerily mirrors that anti-Christian empire of old, with a Colorado museum now exhibiting a painting of Jesus Christ receiving homosexual oral sex while at the same time the US Supreme Court has banned the singing in American schools of the Christmas time song Silent Night for all time, all occurring at the same time this American leader is defending the rights of Muslims to build a Mosque near their sacred site New York site of 9/11. And for those American people believing it couldn’t get worse? They couldn’t be more mistaken as new reports from the United States are now warning that Obama has ordered his Federal police officials to instruct all of their citizens to immediately report any posting critical of either Obama or the US government, and which we can only assume means this report too. The great American Founding Father Thomas Jefferson once said, “All tyranny needs to gain a foothold is for people of good conscience to remain silent.”…the silence from America today is deafening.
Monday, 11 October 2010
Obama Set To Flee America As US Dollar Faces 50% Devaluation
Posted by Britannia Radio at 11:29