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Old 11-06-2008, 04:12 PM   #6
Zarathustra
Avalon Senior Member
 
Join Date: Sep 2008
Location: Eastern U.S.
Posts: 429
Default Re: Governments not trying to save the System

Quote:
Originally Posted by Rocky_Shorz View Post
we are a week away from the big financial meeting, has anyone heard any whispers of what is coming?
The essence and purpose of the meeting will be the utter revocation of Bretton Woods. It will likely take months for a conclusion but the removal of the u.s. dollar as the world reserve currency will spell the end of the "American" lifestyle. While this is a good thing from a certain prospective, as America has lived well beyond its means for a long time now, it will be very painful, perhaps on a scale never seen before. The rest of the world, specifically China, Japan, Saudis, and Russia, are finished financing our nation. The pain that our corrupt government and financial system is inflicting upon them currently is simply the "straw that broke the creditors' backs".

The likely response from our government will be military muscle flexing to 1)distract its population from economic downfall, and 2)attempt to bully everyone else from abandoning the dollar.

Americans must prepare themselves for a post dollar existence.
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