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From: FeverIAm
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  • I used to think a one world government would be good for humanity, but once I became an adult, I realised that if that happened, most people would end up living in chains.

  • The only good side I can see to all of this is once they get the world banking system online, and centralize command, we will know where the head banksters are, then we can go get them.

  • Comment removed

  • (tears & headache )

  • The problem with the New World Order is that its anti-democratic, just like the European Union. The rights of people will be of secondary consideration, if any. The President of the EU is not voted for by people but by elites. WITH ONE NEW WORLD ORDER THERE WILL BE NO OPPOSITION AND IT WILL HAVE TO BE POLICED. IF YOU DON'T AGREE, TOUGH TITTIES. be interesting to know what part the PRIVATELY OWNED FEDERAL RESERVE SYSTEM will have in this World Order...

  • Question is are the people going to stand against this and if so how many people are willing to die for thier freedom? The president will call for martial law thats a given and when that happens watch out world cause many people in the USA will be front line against this tyranny. It will be a sad day in our nations history for it will be the death of our constitution and the common law rights we all hold so dear. I am sure they will sell this as a measure to recover from the coming collapse.

  • When it happens fuel price in the united states will go up around 120% OVERNIGHT . Food and drink will be unafordable to many, flight prices will skyrocket, pensions will disapear banks will go bust etc etc etc.

    Many other bad things will happen like it did in the uk in the 1970's, but this US one will be much much worse.

  • ....by consent or conquest!

  • Your videos are always very interesting. I feel like I´m getting an honest and professional editorial. Thanks for posting them.

  • open your eyes people, its the one world order!

  • I hate you

  • look up police provocateurs thats why there is violynce in these movements.

  • buy gold & f the world currency

  • This has been the typical scare, good bad, scheme to move the market, to take profit, and reinvest in the resulting lower stock prices. Meanwhile they are reaping the profits of gold purchases in the earlier decades at extreme lows, &300 oz vs &1200 oz., getting rich now, while most loose by inflation, they gain. Hence, the push to Buy Gold, there's. There scheme is the Gold.

  • it has begun...

  • This world is under Satens Control read 2 cov4v4 soon God will step in and sort everything out including the religious system tats so corrucpt

  • Oiy, whatever dude.

    I trade forex daily and theres no chance of a unified currency.

    Whackjobs unite on youtube!

    -X

  • Wow do you not pay attention to the news?

    What do you think that agreed on at the G-20- G-8

  • Basically this video IMO is one of the most informative vids you've done yet,and thanks a lot for all the links,its greatly appreciated!

    Good day.

  • Don't worry people...just go along with everything and you'll be fine. Your money and holdings will be converted automatically. Your SSN will be transfered to a microchip and imbedded in the fleshy area of your head. New Green and LEED guidelines will ban large families, and restrict transportation, energy development and diet. Since the government will now be in the Middle East somewhere, we won't require News. Information shall be allocated on a need be basis. Welcome to Obamaland.

  • It's about time

  • People have been talking about this concept for thousands of years. World control became a reality when ARPANET was invented.

  • This is a huge diversion, & expansion of central bankers & chosen corps. if the fed fails, they already have the IMF as a backup global business plan, under the guise of spreading prosperity, The word regulation is code for control. Going global gives the corps a much lager work force, with little to know expectations. Also a lot more suckers to get fleeced. The big banks are like the mafia, they give deals folks can't refuse. They get the folks support offering false hope & crisis intervention

  • were fucked like Taylor Rain

  • Folks, read the Bible in Revelation 13:16 and 13:17 !!! Welcome new world order where we will see the last Fueher on earth !!! Repent of your sins and accept Jesus Christ as your personal savior, He warned us this would come in the last days !!

    Good luck to all and may God bless you & your loved ones

  • I will clarify....

    Freemaons consider themselves the "Devils Advocates", claiming that we are in hell, and they are satans servants.

    They are here to torment and trick and co-herce the entire planet, until they are its total rulers, and the rest of us are their slaves.

    Thats, as far as i can see, but i could be wrong, of course.

    But go into any court room, and they will tell you to keep religion out of it ! (at the same time, THEY are wearing black capes, and forcing you to swear on bibles

  • Thanks for ruining my day.

    But hell, it was already ruined with Obama's BS anyways!

  • Quit sucking your teeth. It's pompous and annoying.

  • The New World Coin was already,Revelaed by ,Russian Presient on June 10,2009 at the G-8 summit,,Nice lookin Coin!!!

  • Global currency.

    Global Tax agency (carbon trade)

    Global law

    Global Government

    Global Control

    Read The Bible.

  • what bible?

  • The bible says, that "when the money is all the same" the end of days will begin.

    Forget the govt rubbish, this is ALL in the bible. First will come the Satanist (Freemasons) govt, then they will be cast down into the earth (perhaps by an earthquake or 2), and then Jesus will come back and rule the planet forever and ever.

    And "all the dead will walk the earth" (freemasons, who are "raised" from the dead, in the initiation ceremony).

    Thats what THEY believe, not me.

    I believe in Jesus.

  • i believe in Wonko

    hail wonko

  • Will get it from the Rockefellers, Warburg and Whoever control the Federal reserve.

  • You cant stop this. As much as you try. Its you minority of Europe and America that know whats going to happen. Chinese/Russian/African people are all going to be forced or not known of it. You the minority wont win, and you know that. As long as your not in power and majority of the populations agree with this than you have no chance in hell. Sorry to say.. The lisbon treaty is already taking affect.. seeing as 26 countries ratified it minus Ireland.

  • The lisbon treaty is dead.

  • This guys pretty good!

  • resistence may be futile.. but I shall resist! it is in my nature to resist. they will have to kill me, and i will take as many of them as possible.

  • now i dont know about anyone else out there but i refuse to live my life under a new world order. im keeping my guns. you want them? come take them.

  • Resistence if futile. You will love the new currency after the collapse of economy.

  • if you want to invest do it in guns

  • I meant he/she was right when they said "Jesus can make things right......and he will." Jesus will make things right for the entire world when he comes back with his people after the tribulation and reign for a thousand years. One thing for sure is that Jesus makes my things right when I seek him now, I dont need to wait till then. When u say "god" you should use a capitol G and say God.

  • hey ......i was being ironic.....as in theres nothing we can do.......only Jesus can make things right.......and he will :).if your a christian you need to put alot in gods hands......are the pacifists right?......Jesus was a pacifist........peace to all.

  • You are so right. Jesus is coming soon!

  • Mat 21:12 And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves, .....SOUNDS LIKE HE GOT PRAETTY MAD TO ME AND THE term cast out in OLD ROMAN dAYS MEANT MORE THAN jUST KINDLY ASKING TO LEAVE ...jESUS wAS NOT AND IS NOT A pACIFIST....I GOT MORE IF YOU WANT TO tALK ABOUT my god without Knowing Him thats ok

  • I agree whole heartedly. Jesus was kind to those who deserved it, although he did provide constructive criticism & told people to stop sinning, but this was done oout of love. However, he did THROW the money changers out of the Temple. This means he had to be physical, because you know it isn't that easy to pick up grown men & move them. So, He wasn't against using physical force when it warranted it. BTW, the money changers sill live, as the "banksters" that have done this to our country!

  • one question?WHEN DO WE START KILLING THEM!.....LOL....HAHAHAHAHAHAH­AHAHAHAHA! JUST KIDDING,JUST KIDDING.......

  • Sounds like global socialism to me. YAY can't wait for the Dark Ages again, atleast then we'll eventually get back to self preservation, soveriegnty and self reliance. Course the masses will have to pay by the millions (billions?) in life before we get back to that point, but hey, freedom was fun while it lasted.

    PS. for anyone outside the US not already knowing, we're already headed RIGHT into the clutches of socialism that the EU has. Brush up on your Arabic and Shariah law guys.

  • Well put they are only saying business as usual form the monster baby who is growing up in their hands!

  • Your Doing an awesome job Mike! Keep up the great work!

    I always enjoy your videos..

  • G7,G8,G9,G20. What the fuck. They are all talk and no action. just an old boys club chomping hors de vous and drinking champagne. At the end of the day, it's still back to square one. Don't be fooled.

  • Razor-sharp video, I think this is the best quality I have ever seen on YT. What brand of camera are you using?

  • We are seeing prophecy come true before our very eyes. Thanks for this vid. Will this mean we are all hyper-poor?

  • Are you referring to me?

  • we're all screwed and we let it happen ignorance is truly bliss

  • Currency control will never be allowed to pass out of the hands of the Rothschild NWO Nazis. It's the fundamental means of control. While America can just print more worthless paper to pay its bills, that suits them fine. This is why Tony Blair (NWO's poodle) is lined-up to head a new EU Presidency - to screw it up and allow America to retain control of the petrodollars.

  • Thanks for breaking this down for me. Keep up the good work. I joined your channel. Peace.

  • Paper currency is about to be a thing of the past. Everything will be strictly electronic...no need for conversions across international borders. Funds will be able to be verified immediately and debts siezed without the account holders permission. Half of it's already happened...just waiting to physically get rid of the dollar before it comes true.

  • Heh, it might take as long as 100 years, hope not, but electronic money will be replaced as well,

    Currency will be Clean water, Food Ammunition and maybe women. Hard to tell, but DARK AGES here we COME!

  • watch the obama deception video on youtube. and then find out about the bilderberg foundation. this has been their plan ever since. They are creating a system of economic slavery, wherein a few elite control the natural recourses, and trade of the world, 1.5 million ppl seen Obama deception vid so far, god knows why nobody is doing anything about it.

  • Thank you very much for all your efforts and work :)

    much appreciated :)

  • I sent a email to the sppc gov website and they CC my email to homeland security even though it was not really nasty. the sppc gov people are asses at best.

  • Great Vid. Bravo. Also research the Amero. This stuff is real, it is Evil, and you need to fight against it.

  • Drunk - They've bypassed the Amero and went for the whole global currency shebang.

  • our money system is fucked.

  • Get a wife.

  • its all bull shit man.money doesnt matter to these ppl.they just use it to make things happen in the world.cause and effect.fuck the jews they have enslaved the world.the left wing fucks are evil.we white ppl need to be left alone for afew hundred years to help ourselfs so then we can go in to the rest of the world kill all the baby raping niggers and put the rest of the world to work.hail hilter.

  • This is very dangerous talk man. That's how germans spoke about Jews before World War II. Are you a Nazi? This beautiful country of ours is crumbling down because of few super rich bastards. Jordan Maxwell says that Spiritual Beings, not Angels, but the same being who married with women in old testament times are here and are working in the background to bring about the new world order. Jordan is a godfather of the Secret Societies. He's a freemason so he must know. The end is close. Be ready.

  • My friend you are quite racist. The elite of the world is getting ready to wipe out 80% of human beings. Most of the dead will be here in the USA. Do you know they are building mass graves and have concentration camps ready? Whether white, Jews, or Blacks we are all made of dust and are going to die. You love Hitler? Wait until they start saying you have to submit to mandatory injections loaded with bird flu. You might be the 1st one who they will pick for the gas chambers. Hail yourself.

  • China is the largest gold and silver producers in the world. Basically means they want to eventually increase their currency with a bigger percentage of gold and silver.

  • Right.

    Now Im pi55ed off.

    I have just read that The war criminal, our former PM Blair is being lined up as the new "EU president."

    It's in todays Indepent on Sunday At least when he was in power I had the chance to vote against him and his inept prodecessor! So, even if, no WHEN Nulibore are consigned to the history books in the 2010 election, I will still have a d4mn Nuliebore man representing my country at the very top of Europe.

    Great. Juuust Great.

  • So you won't be surprised that I did a video on this - out soon LOL ;)

  • you are a slave belonging to, whose debt based "money" you use

  • Thanks for your insights.

  • We already have world government, and its called corporate fascism. Look at the kind of legislation that is being passed without popular approval. Over 90% of Americans were against the fiscal stimulus capital infusions. The only people who are willing to stand up are those under threat of imminent physical harm, from poverty and political oppression. As long as people have food to eat they will go along with whatever the boob tube tells them to do. People are that spineless dude.

  • That´s not a world government.

  • :)) The muslim countries did not what to submit but the americans fucked up irak so all the other muslim countries know what will happen if they will no obay !

  • Total nonsense.

    The US is more dependent than ever on Saudi oil, and stretched out to the max with the idiotic military adventures in Iraq and Iran.

    The Mullahs and Ayatollhas are in catbirds seat.

    Did you see how Obama bowed to the Saudi king? The Queen got an iPod and pat on the back (breach of centuries old protocol...) from the Obamas, and the Saudi monarch got his royal feet kissed.

    Couldn´t ask for a better demonstration.

    World, government, my behind.

  • Agreed, its not a world government...its a centralization of money. Which is a step towards a world government.

    Seems to me that the IMF will act more like the federal reserve, but on a multi-national level, once a new global reserve currency is established.

    Nations may still claim to be independent but once you control the money, you control the nation.

  • Fever, for what it's worth I like your reports with all your idiosyncrasies. Lip smacking & all. It keeps everything more fun to watch.

  • Just got back from a week offline. Missed your postings!

  • Thank you for the great info. One point of positive criticism, please use your regular voice. Your overpronunciations, and lip smacking were driving me nuts trying to hear the message. I think your message is important, but it was almost unbearable with your speech. Just trying to be constructive.

  • I appreciate the critical analysis - but this is how I speak when reading to a camera. I'll try to cut down on the lip smacking though!

    Peace

  • off topic but I didn't notice this habit of yours until I read this post lol.

  • SDR=Dollar under the radar. They will do as they please and we just sit here and watch them shape our lives.  Treaties, treaties, they are full of treaties!!! They have just realized a long time ago that the earth is a gigantic sphere full of retarded men and women, and of course....children. Now they have the uncontested right/power to rule.... over us.

    Stop the global BS now.

  • So, now with a new treaty, they have fixed the economic system. A new regulatory system where those who step out of bounds will be "prosecuted". The Madoffs and Stanfords will make it to history books and future children will see this. Unthinkable.

  • so now you are paying taxes to England again!

  • yes and none of this is possible without a thick layer of false flag terror attacks

  • FeverIAm, do you believe there can be/ will be good that comes from having a world government?

  • There is only one end with a world government - and it is not 'good' for the majority of people.

    I am a Christian

    Peace

  • What one end is that?

  • No question about it - we are in the end times. All the little ducks are being lined up rather quickly...

  • i would prefer if you explained what you think after each paragraph instead of giving various looks with your face and eyes.

  • DON'T PANIC!!!!!!!!!!! They are going to put a chip in your hand. I hope your are not going to tell people that it is okay when this evolves. Coming to your neighborhood soon.

  • And if you want to survive and eat people will be taking the chip en masse.

  • i thoght it was Lt. Dangle from Reno 911

  • This is heading for a world currency that is backed by nothing, toward a cashless world society.

    America needs to step up and say NO to all of this.

  • lol he talks like a robot

  • Wow, sounds New Worldy, minus the soma and happiness.

  • there is a reason the god of the bible made a law forbidding the charging of interest on loans.

    muslims have that much right. they dont charge interest on loans nor do the participate in banks that do..... hmm is that why the powers that be hate them so much?

    bankers and global are 2 words i hoped never to hear in the same sentence... sigh

  • China has 600 tons of gold bullion

    America 800 tons of gold bullion

    IMF has 100 tons of gold bullion. The IMS recently sold gold to help the needed Countries. Did china buy it? I think so as China is the only Country who has the money.

  • phuck G20 and phuck sustainable growth socialism and all common cause phucking powerlords

  • It seems like the American wealth is disappearing. It is like globalizing the whole world in to two ecomic levels, the powerful super rich and the super poor. I can see a hyper deflation coming up and bringing more foreclosures, making any of the Americans wealth left gone. Do you feel something like that too?

  • Yes. Especially with our new president's willingness to help improve America's image by lowering it to whatever extents he feels like, i.e. negotiating with Al Queda and the Taliban, and cutting funding to the most powerful force for good in the world (i.e. the U.S. military) and the most powerful source for scientific breakthroughs and discoveries in the world (i.e. NASA)

  • Watch out for the word "Share"

    L.

  • Questions:

    1. This will influence employees and people in the financial industry and the big traders, but how ill it affect the average American who survives on a weekly check?

    2. What would happen if the people of the USA resisted joining this? Would the USA have sanctions against it?

    3. Our regulations work, its just that they werent being enforced...so instead of firing the idiots in US govt who looked the other way, we will appoint foreigners to enforce new global regulations over us??!

  • dude! you're funny! i love your dramatic sarcasm!

    no worries for long dude... their psycho plans are gonna be interrupted by a big ass super solar storm ... starting this fall ... the solar max reaching its peak in late 2011 to early 2012. good times! :)

  • There has already been a "global currency" for 50 years - IMF Special Drawing Rights. Sorry this is not new.

  • The SDRs were greatly weakened after the failure of the Bretton Woods mechanisms in the early 70's, and haven't really been used since then.

    However, the plan is to 'create' new SDR allocations out of thin air, and effectively the SDR is ready to take the place of the USD as the de-facto global reserve. Now that this idea is in place, all that is needed is the USD to devalue (as it is doing now)

    Get ready for it; it won't happen overnight.

    Peace

  • Be assured one way they will help finance these new regulatory bodies will be global carbon taxes(and various other "green"/global warming taxes). How convenient that Al Gore's Inconvenient Truth came out just before the economic melt-down..and Bush changed the Bankruptcy laws just after he came into office(suspiciously prescient of his administration!)

    And now the only thing between us and a global currency is Obama(and Geitner and all the other wall street scum in his administration) ?!

  • I thought we already tried regulation of the financial system and found that regulation doesn't work.

    Can't something other than regulation be tried?

  • Its coming soon!

    Revelation 13:16 He required everyone—small and great, rich and poor, free and slave—to be given a mark on the right hand or on the forehead. 17 And no one could buy or sell anything without that mark, which was either the name of the beast or the number representing his name. 18 Wisdom is needed here. Let the one with understanding solve the meaning of the number of the beast, for it is the number of a man. His number is 666.

  • The Bible has nothing to do with reality.

  • If you take this literally: Rev. 14:9: If anyone worships the beast & his image & receives his mark on the forehead...he will drink of the wine of God's fury". You MUST take this one literally too: Rev. 9: 3-4: "And locusts came down to earth...& they were told not to harm the grass of the earth or any plant or tree, but only those who did not have the mark of God on their foreheads'. This is obviously NOT A LITERAL mark! It's all symbols. Are you expecting a chip from God too?

  • Your religion has enslaved your mind. Worship all you like. Be kind out of fear; or be kind out of your own heart.

  • Very Nice.

  • The ads by google are fucking annoying, who clicks them anyway.

  • I just heard that my Mother has found my channel LOL!

    All the more reason for no swearing in the comments ;-)

    Hi Mum!

    Be sure to check out my blog!

    Peace

  • good job mum! You raised quite a kid.... you should be proud!

  • Well I'm now eagerly awaiting the 0:05 long video of Mike saying

    'Hi Mum!'

    When in England...

  • I know that some people deny that there is a God. But I thought it would be important to point out that The Bible speaks of a one world government in the end times. Something to think about.

    We wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. (Ephesians 6:12)

    Peace

  • One world government is not an idea explained only by the bible. It is the natural evolution of humans desire for power.

  • Well, some human's insatiable desire for power. After you have so much wealth that you lack want of anything. What is left but power?

  • Are you suggesting that not until the Bible was the idea of one sole governance over all men thought of?

  • No, I'm pointing out that it was prophetized in the

    Bible 2000 years ago

  • It is a simple concept; I would deny this as being evidence for the existance of God.

  • Believe what you want

  • You are required by your Lord/Master/Slave Driver/Owner to attempt to convert me. How can you turn your back on your Lord?

  • but God has chosen the foolish things of the world to shame the wise, and God has chosen the weak things of the world to shame the things which are strong, 28 and the base things of the world and the despised God has chosen, the things that are not, so that He may nullify the things that are, 29 so that no man may boast before God. 30 But by His doing you are in Christ Jesus, who became to us wisdom from God, and righteousness and sanctification, and redemption, 1 Corinthians 1:27 - 30

  • You prove my point.

  • If you want to hear sounds from hell or purgatory, listen to my videos. They are real, please just listen and tell me what you think.

  • SDRs are not money. So SDR creation is not money creation (QE). It is just a mutual commitment of IMF members to come to each other's financial rescue for a limited dedicated amount.

    Those "evil" hedge funds, that were already ruined by the ever-changing rules of the game (think short sell bans), will finally be tamed. So much for market stability, market liquidity and price discovery!.Wall street get there way once again!

  • The bottom line. The American Republic has been removed as a soverign nation and is now part of the Facist NWO.

    Coming soon: Ted Turners international private park (USA) for his Elite friends to enjoy. After he (Malthusion) buys it up and cleans out the his rift raft overpopulation. Get Ready! Viva Zapata! The world you create is the world you will live in. If you don't care the creator doesn't care he allows. God provides, Man decides.

  • We'll go to 1 world currency, but probably not in the lifetimes of most of us.

    At 1 time we had over 200 currencies in just the USA (with states & banks issuing their own).

    Now the USD & Euro are the major currencies of about 50 of the world's 200 countries & about 70% of the world's trade uses them.

    In no country do they back their currency w/ gold & that's unlikely to happen.

    China is selling as much gold as they can as long as some1 is willing to give them 900 USDs for an oz.

  • When you shine a strong light on a hiding Lion, it stops pretending it isnt there !!!

  • I am now , totally baffled. I can see there are facists, or commies art work, but i really dont get it.

    I suppose peopel dint "know " the Nazis, either. They just sort of "happened" and after the war, people stuck the labels on. it was all so secret, at the time, that even Germans didnt understand any of it.

    Sound familiar ?

    I wish there were somewhere in the world ot run to. I reelly do.

    TRADE is the ONLY fuel for all this. Trade and profit, and its disgraceful.

    Bankers making war !!

  • NATO, is apparently "wondering whether it should seek to become more of a world policeman", according to BBC NEWS website.

    It is seeking a "strategic doctrine around the world".

    Kehl or Baden Baden (one of Hitlers old Home and Bunker Residences) will be hosting NATO events on its 60th annivarsary.

    And a Taleban leader, has Called America , to claim HE organised the mas murder in New York.

    (he doesnt seem scared that america might invade pakistan - perhaps he's PROVOKING america ?)

  • "(he doesnt seem scared that america might invade pakistan - perhaps he's PROVOKING america ?) "

    My guess is that those guys are so desperate they are trying to get the benefit on antyhing done against the US.

    Recruitment must be hard for the Taliban side, not much to promise.

    On the other side, the US Army can promise benefits and being unleashed in a fun park where everything that would lead to death penalty in the US is not only permitted but strongly encouraged. US army style...

  • With regard to countries Reserve currency being changed to one currency. Where the hell have you been? It's been the US dollar for a long time. It's only been since 2001 that the Euro has even been on the radar as a reserve currency and that's because of Bush. No other currency is as strong as the dollar. SDR's are not currency and never will be.

  • Er, Boomer, they were currency during the 1950's but were ignored. They ARE now currency that was the whole point of the G20 I'm afraid.

  • Er, Carl study the Petro Dollar and then visit the IMF web site and get back to me.

  • Sorry Boomer i don't see your point, maybe wires have been crossed.

    You said a) SDR will not be a currency

    and b) You suggest that the dollar is not going to lose its status as the global reserve currency.

    So I said that the SDR's are now currency, I will go further to say that it is a currency that other nations are going to run to over the next few months as the value of dollar depreciates... the 'petrodollar' isn't neccesarily related to the U.S. dollar. Pounds, Canadian dollars...

  • and many other currencies can be described in petrodollar terms.

    the SDR's were created in 1969 based on the Bretton woods system as a gold/U.s dollar was unable to control variability in the markets. Shortly after it was put to one side when the floating exchange system was put into place after the failure the affore mentioned system.

    that collapse was due to the huge outflows of dollars from the US during the vietnam war depreciating the value of the dollar, to the detriment of Europe....

  • japan etc.

    It would seem that the due to similar mistake this time debt driven the floating bretton woods system has been found wanting, this time to the detriment of China and Russia (mainly). It will be these countries that will have forced America to accept the SDR as the new world reserve currency during the recent G20 summit.

    What we are seing is the death of the floating exchange system that the U.S. had a major monopoly over. They ignored the lessons of history.

    Peace.

  • I'm sorry I haven't read anywhere that this summit produced the result of the SDR's being the new world reserve currency. Granted SDR's haven't been used as much in recent years but they've been around for ages. And it clearly states on the IMF site that SDR's are not currency. If I've missed a report somewhere that was released from this summit, please direct me to it...if true, and they have completely changed the make up of the

  • SDR's and how they function in world finance, then I would need to study this.

    As for China and Russia, they are doing quite well under the floating exchange system. They don't participate, which allows them to be set prices artificially low, forcing American companies to produce in their country to be competitive. What would be the advantage of a World Reserve Currency controlled and valued by the IMF?

  • What would be the advantage of a World Reserve Currency controlled and valued by the IMF?

    From the point of view of Russia and China, firstly it gives them lots of leverage in taking a far larger role in the IMF (A bigger share of voting rights), something that I believe was mentioned during the talks.

    As yourself pointed out they (especially China) rely on western consumption to support their swifty growing economies. (Chimerica). With the current economic crisis, however, it has become...

  • abundantly clear that the savings/borrowing gap between these countries has become untenable. They are after all looking after number one. the value of the dollar is about to drop and has been dropping dramatically, therefore, the exporting nations no longer have as easy access to the bread basket. From their point of view they won't want the excesses of the USA/UK to cause popular unrest at home from economic depression of someone elses making.

  • Having your own currency as a world reserve comes with huge advantages, even sharing a mixed pot ideal such as the SDR's is preferential to being out of the loop. The advantage has been that the US could borrow money with no/or almost no inflation/interest/risk. It makes a lot of sense for other nations especially 'creditors' such as China to make this move.

    Lastly I don't think i can point you in the way of an SDR currency link other than the definition of currency itself:

  • So what you have just admitted to is that the SDR is not a currency in and of itself. China and Russia did want a "basket of currencies" to replace the Dollar as a partner with gold in valuing the SDR's. That much is true. But again, I haven't read that was one of the outcomes of the summit. In fact the only thing I've read or heard about is the agreement to infuse the IMF with more money to use for poorer countries.

  • As for the dollar dropping in value, you have to look at all the currencies and if you do you're going to find they all have dropped in value over time. The reason being is that many countries currencies are pegged to the dollar. That's why I bring up the Petrodollar in the beginning. Our agreement back in the 70's (I believe) was what increased the desire of the Dollar being used more and monopolizing Reserve status.

  • I believe that point is alluded to at the IMF site. In conclusion. Although I can understand and appreciate your position and you have done your homework, I am not totally convinced this would be a win, win for all countries concerned and with the US holding the majority of the votes at the IMF, it would have to be to our advantage or it's a no go. Debt or no, we are still the largest economy in the world.

  • Currency (noun) - Money in any form, when in actual use, as a medium of exchange.

    Peace

    I'm quite enjoying this by the way, you've got me reading and re-reading some very interesting stuff from the past few months. :D

  • I have enjoyed this as well Carl. My deal is getting the truth and learning and I believe you have given me both.

    Yes money is whatever you call it when used in exchange. The value is attached with the agreement of a vast amount of people who have agreed to accept it in exchange for goods and services. Paper or pooka beads, same difference.

  • Looks like zanu labour here in the UK are preparing us for when we go cap in hand to the IMF. Check out the Telegraph.

  • Great video!Thank you! All my time growing up I knew one daqy World Government would be a reality. Someone else posted a comment that sums it up for me (besides abominable) "Surreal."

  • Global currency sounds like a good idea to me.

  • really? you must be retarded then

  • Dominique Strauss-Kahn managing director of imf...odd character

  • odd and a jew.

  • The time for change is here,start clean and don't waste anything .Make everyone aware, talk if you want,this dude has given you the facts,it won't be long....

  • It looks like the Elite's plans for world government are taking shape, step by step. I can't believe it's happening. This is all too surreal.

  • OK, it's time for the US states to abolish the federal government.

  • Just elect a proper one. Your country is Great.

  • it doesn't work that way. congress screws us

  • The Federal Reserve Screws Congress, us, and everyone else.

    Having the most powerful currency printing press on the planet, tends to do that, it would appear.

  • seems everythings coverd except the greed factor,theres a FLY in the oiintment that gonna bring the whole house down.

  • russwhiskey Wrote:

    seems everythings coverd except the greed factor,theres a FLY in the oiintment that gonna bring the whole house down.

    ------------------------------­------------------------------­-------

    Software Programmers.(matrix)

    Out of curiosity, which one of you little bastards designed the fruit fly? :o)

    (lol)

  • lets get it on,,,,,,, oh baby lets get it on

  • Gentlemen, we are faced with the most ultimate nightmare...

    The abduction of nuclear warheads. :o)

    One thing is certain, stare at a yellow wall long enough and all you'll see is Yellow.

    (lol)

  • yep.... this was just a dress rehearsal smoke screen