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Post by Michael Downing on Mar 21, 2012 10:39:25 GMT -5
Like our politicians and the FED can't do it all on their own... Recommendations of more oversight and regulation hasn't helped in the past so more poor planning is useless. Kevin Freeman: Terrorists, Nations Plot Attack to Doom Dollar Read more: Kevin Freeman: Terrorists, Nations Plot Attack to Doom Dollar Terrorist organizations and sovereign governments have attacked the U.S. financial system in the past and may do it again to destroy the U.S. dollar's status as global reserve currency, says author Kevin Freeman. Sovereign wealth funds and even terrorist groups make trades using complex and often opaque strategies with tools like credit defaults and naked short selling to disrupt U.S. markets. "There are a number of groups that want to see the dollar removed as the reserve currency of the world. These include major players like Brazil, Russia, India and China, but it also includes the sovereign wealth funds in the Middle East and it includes some terrorist groups," Freeman told Newsmax.TV in an exclusive interview. "We've seen evidence of a terrorist attack being planned to remove the dollar as a reserve status, and the implications for that are severe. They could really harm our economy," said Freeman, CEO of Freeman Global Holdings and author of "Secret Weapon: How Economic Terrorism Brought Down the U.S. Stock Market and Why it Can Happen Again." www.moneynews.com/StreetTalk/Freeman-Terrorists-Attack-Dollar/2012/03/20/id/433221?s=al&promo_code=E798-1
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Post by midnightrider on Mar 21, 2012 10:47:56 GMT -5
Kevin Freeman has been on GBTV a few times. He has the insider info!
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Post by stoner44magnum on Mar 21, 2012 14:10:52 GMT -5
How is removing the dollar as reserve currency status going to really change anything? All the world's currency is backed by nothing but debt and the whole system will come crashing down eventually whether the dollar is on top or not.
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Post by Cujo on Mar 21, 2012 14:53:24 GMT -5
How is removing the dollar as reserve currency status going to really change anything? All the world's currency is backed by nothing but debt and the whole system will come crashing down eventually whether the dollar is on top or not. Maybe it's that their worthless money might be better than our worthless money. ;D Is it to naive to think they are not smart enough to orchestrate this collapse to install a NWO monetary system? Well excluding China & Russia.
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Post by Michael Downing on Mar 21, 2012 15:06:44 GMT -5
Besides if you are on top, ie. you are the wortld's reserve cuurency, then you have further to fall. We need no help crashing the dollar. It is all about quantitative easying as explained by Clarke and Dawe... www.youtube.com/watch?v=j2AvU2cfXRk&feature=related
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Post by brocktownsend on Mar 21, 2012 15:23:30 GMT -5
Interesting that Bernanke came out yesterday downplaying the gold standard.
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Post by stoner44magnum on Mar 21, 2012 15:24:18 GMT -5
How is removing the dollar as reserve currency status going to really change anything? All the world's currency is backed by nothing but debt and the whole system will come crashing down eventually whether the dollar is on top or not. Maybe it's that their worthless money might be better than our worthless money. ;D Is it to naive to think they are not smart enough to orchestrate this collapse to install a NWO monetary system? Well excluding China & Russia. I totally agree that they are orchestrating this on purpose. But the point still remains that it doesn't really matter if they bring forth a one world currency if it is just as worthless as that it replaces. I hate watching this ship head towards the rocks not knowing when the collision is going to happen. Worse yet, I cannot fathom how so many folks could be so totally clueless about what is happening. How can they not connect the dots between ther own economics and that of their governments? Meaning, how can they not see that governments spending far more than they take in is a problem, they can't get away with that (for long) in their own lives. It's truly maddening.
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Post by brocktownsend on Mar 21, 2012 15:37:53 GMT -5
Back to what we have thought all along, that Hussein is doing this on purpose in cahoots with the rest of the Collectivist world.
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Post by Michael Downing on Mar 21, 2012 18:27:12 GMT -5
I tried once spending more than I was taking in. Didn't work out so well for me. I worked for a company once that tried the same thing and they lasted longer at it than I did as an individual but it caught up with them and they were sold. Countries are no different, But as in the Clarke and Dawe video it seems too many people either cannot see or refuse to see that we are just printing money that only devalues the money they already have. I tried to explain why gas and oil was going up to someone the other day and the person looked at me like I had a hole in my head. I told them it was not the instability in the middle east because the middle east has never really been stable. It was not speculators because speculators have been there when prices drop and as well as when they go up. Basically the truth is Bernanke and the rest have continued to devalue the dollar so up goes oil and gas. Food and other stuff goes up at an even higher rate because first it takes gas or diesel to transport it and it is made and purchased with devalued dollars. I guess the only good thing about living with your head in the sand is that when your butt gets blown off you do not see it happen...
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