Collapse of Western Economy. (part 1.) Back To Gold.
TELEGRAPH September 12, 2008. Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signalling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East. “This is a very dangerous situation for the dollar,” said Hans Redeker, currency chief at BNP Paribas. “Saudi Arabia has 0bn (£400bn) in their future generation fund, and the entire region has 00bn under management. They face an inflationary threat and do not want to import an interest rate policy set for the recessionary conditions in the United States,” he said. The Saudi central bank said today that it would take “appropriate measures” to halt huge capital inflows into the country, but analysts say this policy is unsustainable and will inevitably lead to the collapse of the dollar peg. As a close ally of the US, Riyadh has so far tried to stick to the peg, but the link is now destabilising its own economy. Source: www.telegraph.co.uk __________________________________ TELEGRAPH June 19, 2008. The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. “A very nasty period is soon to be upon us – be prepared,” said Bob Janjuah, the bank’s credit strategist. A report by the bank’s research team warns that the S&P 500 index of Wall …
Love the video work nice keep them coming! When you have time come
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Haha Who is working and who is making money? & who is living wealthy?? Folks don’t think this country loves you ..1% of American owns 34.3% of US wealth,40% of our country population owns less than 1% of nation wealth. SOLUTION ”zeitgeist movement” ” the Venus project” please check out this with patience.
great
@nyznicca I agree with you.
[Sheeple]: a person who follows trends mindlessly, see also towniepikeytrendy. Originates from ‘sheep’- a dumb animal that follows all the other sheep around.
this is the guy to vote for if you want a strong nation.
my probalem with obama (oblackma)
firts of all, barack obama is black, and america is a white country ok?
second of all, hes a moslim. and supports the terrorist cults that suport 911
third of all, hes a comunist and comunism is wrong ok?
forth of all, he thinks evolution is true. that means hes sso stupid lol
fith of all his midle name is husaine. thats a arib name. BARACK OBAMA IS ARIB
DON’T VOTE FOR BARACK OBAMA!!!!!!!!
@amanbansil
yeah right. this guy is stupid. i heard hes an imigrint.
2 people disliked this video… Obama and Joe Biden.
Donate to Ron Paul’s campaign May 5th!!! Ron Paul money bomb! May 5th.
@vijayanand875 Yes..Im a Jacque Fresco follower as well…and Peter Joseph…Your the man for writing this…All questions answered..
Love this video
BREAKING NEWS speculation by those on Wall street says that the demand for gas will rise this summer because after a 100.000.000.000 investagation on if people drive more in the summer, the result was yes. also speculation that the oil fields around the world will be attacked my osama followers will have oil prices over 200 a barral next month. with gas prices reaching $30 a gallon THIS IS WHAT THE PROBLEM IS.
@dallastexax BREAKING NEWS speculation by those on Wall street says that the demand for gas will rise this summer because after a 100.000.000.000 investagation on if people drive more in the summer, the result was yes. also speculation that the oil fields around the world will be attacked my osama followers will have oil prices over 200 a barral next month. with gas prices reaching $30 a gallon
BREAKING NEWS speculation by those on Wall street says that the demand for gas will rise this summer because after a 100.000.000.000 investagation on if people drive more in the summer, the result was yes. also speculation that the oil fields around the world will be attacked my osama followers will have oil prices over 200 a barral next month. with gas prices reaching $30 a gallon
stop illegal immigration before its to late, usa will be a third world shit hole soon
ObamasLYING.Our gvrnnt is not to be trusted. Here comes another “terrorist attack” to scare uninformed Americans into giving up ALL their remaining freedoms.TheONLY solution is to get rid of our Shadow Government .The Federal Reserve Bank.A privately owned banking cabal that runs the World. TheONLY politicians r on board here r RonPaul&Dennis Kucinich.See Loose Change/Fiat Empire on utube. Read Secrets of the Federal Reserve Creature from Jeckyll Island, Watch The Obama Deception movie.
Ron Paul is the one President I wouldn’t mind if he ran 3 terms
@WISDOMKING13 incredible what these politicians across the world are getting away with.
Its actually the collapse of the western civilisations – just like the Roman empire.
When the western economies collapse millions or billions will die.
If you really want to understand inflation and interest rates etc. (and you’re like me, who didn’t really understand), google “hmscoop.com” or just type it in. Real quick cut to the chase website about inflation and banking. Takes about 5 minutes to read through, but you’ll understand it afterwards
Here: Deuteronomy 15:1-6
1 At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the LORD’s time for canceling debts has been proclaimed. 3 You may require payment from a foreigner, but you must cancel any debt your fellow Israelite owes you.
a proverb stands strong:
He that goes a-borrowing, goes a-sorrowing
does anyone know, or roughly know what impact will going to gold and silver will have on the british pound?
AMERICA WANTED CHANGE,,, IT NEVER HAPPENED!!!!!!
THE CHANGE WE NEED NOW IS RON PAUL.
AMERICA HAS THE OBAMA BLUES
CLICK AND LISTEN
The “Baby Boomer’s” selfishness and outright greed over many decades has ruined the United States economy.
@09051961butts america wanted change , obama wanted to bring it , the people wanted change , obama found out that the world is not ruled by the american president , but by golds&sachs etc . if obama wouldve try to change the system in order to bring the power back to the choosen leader , he wouldve got gettin rid off one way or the other . no president ever will be able to bring what the people believe he can bring period