WASHINGTON — The president of the World Bank said on Monday that America’s days as an unchallenged economic superpower might be numbered and that the dollar was likely to lose its favored position as the euro and the Chinese renminbi assume bigger roles.
“The United States would be mistaken to take for granted the dollar’s place as the world’s predominant reserve currency,” the World Bank president, Robert B. Zoellick, said in a speech at the School for Advanced International Studies at Johns Hopkins. “Looking forward, there will increasingly be other options to the dollar.”
Mr. Zoellick, who previously served as the United States trade representative and as deputy secretary of state under President George W. Bush, said that the euro provided a “respectable alternative” for financing international transactions and that there was “every reason to believe that the euro’s acceptability could grow.”
LINK HERE
FDIC Discloses Deposit Insurance Fund Is Now Negative. BANK RUN COMING?
In an unprecedented disclosure, the FDIC has highlighted that it expects the DIF reserve ratio to be negative as of September 30. As there are a whopping 48 hours before that deadline, one can safely assume that the DIF is now well into negative territory: as of today depositors have no insurance courtesy of a banking system that has leeched out all the capital of the Federal Deposit Insurance Corporation. Let's pray there is no run on the bank soon.
LINK HERE
How much would US save by shutting down military bases outside the country (including fleets in the seas and oceans..) and minimizing the intelligence activity? I mean no one ever conquered the entire world.. and why would you need it?
ReplyDeleteWe are the billy club for Zionist interests that control our government. We fight and die for Israel. Once we expire as a nation someone else will be used for that role.
ReplyDeleteRobert B. Zoellick one of Bush's go boys helped destroy the US economy along with his boss and the Illuminati club then goes and says US days are numbered. I promise you this, one day when all these guys are burning in the hotest parts of hell they'll regret the actions they've done. Judgement is coming to all these clowns of The Illuminati.
ReplyDeleteSo many things seem to be coinciding with September 30th it is really starting to make me wonder what if something big will happen..The FED lawsuit from Bloomberg is due the 30th...It is the end of the fiscal year for the government so we could learn they are relly broke...There are global bank regulations the U.S. has been putting off that they have to comply with on the 30th which could show they are broke...Now this..hmmmmm.guess we'll find out soon enough...
ReplyDelete9:46, my nearest guess now is that the zionist/jewish stuff is just another sock puppet for the Jesuits i.e. the militant vatican. Be careful on who you pin stuff on, may be just what they want.
ReplyDeletelol militant vatican... there's jews on the IMF (wolfowitz), jews on the federal reserve (greenspan/bernanke), jews in the white house (rahm emmanuel)...and STILL we have stupid fucks trying to blame the vatican. itz the JEWS stupid.
ReplyDeleteFolks, we have to be in the Persian Gulf with a lot of our Naval Task forces, and have been there in spades since about last August. Can't leave now, the fireworks will be starting poste haste. Can't shut down military bases here and there---we gotta have resources to move around say 50K troops from Iraq to Afganistan, and then to Pakistan, and Iran, and several others "stan's" as we see the need. Gotta have boats loaded with lots of cans of whoop-ass at all times. Now that we have announced the "secret facility" in Iran, and we will soon have the bogus "failed talks" on our sleeve, then its katty bar the door for another (this time very dangerous) invasion. So, no, we can't close anything down. Sorry. Someone may call and have a pressing need to have a country invaded!!
ReplyDeleteno one is gonna give two shits about anything beyond the borders when the "spark" goes off amongst the vapors...
ReplyDeleterecently its been described as " candle among gun powder"... and i can't think of a better descriptive than that...
We are facing numerous "crisis" that are about to bloom, but lack of healthcare AIN'T one of them...!
how 'bout: peak oil, currency crisis, false flag(swine flu)/martial law, fema camps opening, gov. defaulting on the debt, iran bombing israel, israel bombing iran, kim jong mentally-ill bombing south korea, terrorists taking out our electrical grid in america, dirty nuclear bombs going off in usa, ..... must i go on? now just imagine if two or more of these situations bloom at the same time ?!!
I hear there are people of British ancestry in banking, in government, in the media...the Anglo Saxons control everything!
ReplyDeleteJust kidding. But it's NOT "the Jews."
Then why can't you get the truth from the mainstream media???
ReplyDeletehttp://www.natall.com/who-rules-america/wra.pdf
you're a jackass. you can't tell me Bernanke doesn't know exactly what he's doing, that Goldman-Sachs, (a Jewish founded and dominated company) doesn't run the treasury, and thereby the rest of the country through its own former employees (Paulson, Geithner, et al.).
ReplyDeleteAnd Who paid for Obama? oh yeah Goldman Sachs, and who else? The University of California, who's president is JEWISH :
http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638
http://www.universityofcalifornia.edu/president/welcome.html
They are running the economy into the ground on purpose so they can destroy the dollar, steal our sovereignty, replace it with a globo-system and enrich themselves a la Madoff while they do it. Hey Middle American, your Kid died in Iraq protecting Israel while a bunch of fat Jew bankers, execs, and media moguls lived the high life on your blood and sweat.
ReplyDeleteRemember that house that used to be worth something? They gambled it away on collateralized debt obligations, e.g. "credit default swaps", and then took "bailout" tax money to replenish their coffers after wiping out your equity. The jokes on You, Sucker!
But the welfare chiselers and food stamp cheats are small time crooks. The big crooks go for billions. John Crudele in The New York Post:
ReplyDelete“…Sept. 18, 2008 [US Secretary of the Treasury...Henry] Paulson placed his first call of the day at 6:55 a.m., to Lloyd Blankfein, who succeeded Paulson as CEO of Goldman. It’s unclear whether the two connected because Blankfein called Paulson minutes later.
“And then Blankfein placed another call to Paulson at 7:05 a.m. for what looks like a 10-minute conversation.
“After that Paulson called Christopher Cox, Securities & Exchange Commission Chairman twice; British Chancellor Alistair Darling and New York Federal Reserve head (and now Treasury Secretary) Tim Geithner two times.
“Then Paulson took another call from Goldman’s Blankfein.
“It wasn’t even 9 a.m. yet – 30 minutes before the stock market was to open – and Paulson and Blankfein had already exchanged three phone calls.”
It pays to have friends in high places. That was the day the market learned of Paulson’s bailout proposals. Could Goldman have gotten word before others? Hey, we’re not accusing anyone…
http://dailyreckoning.com/this-is-one-funny-looking-bull/