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insidejob Validated Poster
Joined: 14 Dec 2005 Posts: 475 Location: North London
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Posted: Mon Jan 16, 2006 11:59 pm Post subject: Death of the dollar system – the critical reason behind 9/11 |
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I must thank ian neal for his suggestion of a new thread. Sky One's recent Conspiracy programme on the reasons behind the Iraq war was remarkable for publicly revealing a secret few know about. It is being talked about on a few websites, alternative and financial. It’s mentioned in Left publications. But it doesn’t get the prominence it should – particularly among 9/11 sceptics.
In 1945, the new world order ushered in the US dollar as the global currency. In 2006, it’s under threat, and some people want a new world order only to preserve the old order.
World governments have been stuck with the dollar. Central banks must hold dollars not just to buy US goods but also to buy oil. When experts talk about globalisation, they are also talking about the US dollar system. Yet, this dollar system means, in effect, that the world is subsidizing US citizens – their imports, their military spending and their wars in Afghanistan and Iraq. The end of the dollar system means the end of current US standard of living, the end of US global economic dominance and the end of the US spending billions on its military. This system is under threat because the world no longer wants to lose money subsidizing the US. It is also under threat from a potential rival currency system – the Euro. When one country decides to replace a lot of its dollars with Euros, others will pile in. The US dollar will slide.
So, when Iraq negotiated with EU countries to sell its oil in Euros – the US launched its war. The war on terror is in reality a psychological and military battle to force the world to keep buying dollars. The Project for the New American Century was in fact a programme to ensure that the position the US held in the old century is kept in the new one. It no longer can spend its money bribing elites to do this. But the neo-cons reckon it can by getting other people to spend its money on the US military which can in turn bully them. The situation is so serious that the US might spark a global conflict involving nuclear weapons to keep its privileges.
Russian commentators now believe that the dollar will slide in February or March. In March, Iran plans to start selling its oil in Euros. The US also has to decide whether to pay out on some of its trillion-dollar debt or raise the debt ceiling. Either way, it could mean central banks selling dollars and it means trouble for the US and for us.
This is a reality that the public in the UK and the US do not know about. If they did, they would better understand Iraq, the fuss about Iran and 9/11.
Find out more:
The Dollar May Fall This March, Pravda
http://english.pravda.ru/world/20/91/368/16741_dollar.html
The Iranian Threat: The Bomb Or The Euro?, GlobalResearch.ca,
http://www.globalresearch.ca/index.php?context=viewArticle&code=AKL200 50324&articleId=457
As The World Burns, From the Wilderness,
http://www.fromthewilderness.com/free/ww3/120104_world_burns.shtml
Nuclear strike against Iran, GlobalResearch.ca,
http://www.globalresearch.ca/index.php?context=viewArticle&code=%20CH2 0060103&articleId=1714
insidejob
Last edited by insidejob on Wed Jan 18, 2006 11:40 am; edited 1 time in total |
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kookomula Validated Poster
Joined: 17 Sep 2005 Posts: 328
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Posted: Tue Jan 17, 2006 8:47 am Post subject: Interesting |
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I will read more about this, thank you. |
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insidejob Validated Poster
Joined: 14 Dec 2005 Posts: 475 Location: North London
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Posted: Wed Jan 18, 2006 11:33 am Post subject: |
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From a more personal perspective if you have any doubts about a crash please see what Money Week was saying in November, http://info.moneyweek.com/special_report1.php A look on the Internet will show that financial commentators are screaming about a crash. Check the ‘inverted yield curve’. Money Week advise worth taking seriously include:
Sell investments
Don’t take any loans
Buy gold or silver.
Even former Federal Reserve boss, Alan Greenspan has admitted that the US dollar may lose its sole reserve currency status. (http://www.federalreserve.gov/boarddocs/speeches/2005/20051114/defaul t.htm using pretty oblique language). As stated on this website, he, of course, may well have played a part in both 9/11 and 7/7. By the way, the Federal Reserve is not a government body but a private company owned by Wall Street bosses.
Also, I believe that in the UK, preparations are being made to bring about a ‘centre’ party (the Camerons plus Brownities, Blairites and the Orange-wing of the Lib Dems) that can rule for a generation and enact neo-liberal economic policies. Some leaders expect a rise in public dissent and they want to deal with it through tough action. They want to clamp down on civil liberties and create a surveillance, authoritarian state. People within the state will carry out criminal acts to achieve their objectives. They want to create fear to make the public conformist. One means of doing this is to be authoritarian toward ‘out groups’. These groups are left-wing activists, campaigners and also the black community. They have got to victimise and hurt these groups and publicly, treat them unfairly. Hence, a high proportion of black males’ DNA being recorded by police. Perhaps even MI5 being involved in this Fathers for Justice kidnapping the PM’s son.
Assume you are on a list.
insidejob
Last edited by insidejob on Wed Jan 18, 2006 11:41 am; edited 2 times in total |
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ian neal Angel - now passed away
Joined: 26 Jul 2005 Posts: 3140 Location: UK
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Posted: Wed Jan 18, 2006 11:39 am Post subject: |
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this was posted by pinkertontrunks on the 9/11 and oil thread. Not had a chance to read yet, but thanks for posting Insidejob
Here is an article on the Iranian Oil Bourse which you may find interesting.
http://energybulletin.net/12125.html
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History teaches that an empire should go to war for one of two reasons: (1) to defend itself or (2) benefit from war; if not, as Paul Kennedy illustrates in his magisterial The Rise and Fall of the Great Powers, a military overstretch will drain its economic resources and precipitate its collapse. Economically speaking, in order for an empire to initiate and conduct a war, its benefits must outweigh its military and social costs. Benefits from Iraqi oil fields are hardly worth the long-term, multi-year military cost. Instead, Bush must have went into Iraq to defend his Empire. Indeed, this is the case: two months after the United States invaded Iraq, the Oil for Food Program was terminated, the Iraqi Euro accounts were switched back to dollars, and oil was sold once again only for U.S. dollars. No longer could the world buy oil from Iraq with Euro. Global dollar supremacy was once again restored. Bush descended victoriously from a fighter jet and declared the mission accomplished—he had successfully defended the U.S. dollar, and thus the American Empire.
Quote:
Sabotaging the Exchange—this could be a computer virus, network, communications, or server attack, various server security breaches, or a 9-11-type attack on main and backup facilities. |
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