Robert Fisk reveals truth behind 'dollar demise' report

[KrackowKid]

If Robert Fisk says so then I believe it. His credibility is beyond reproach !

[000000AEA000000]

its pretty weird that a russian broadcast is better then all of americas mainstream info media. Mrs clinton...... you HAVE lost the Infowar, and iam thankful to that, because fox news and the likes are C.R.A.P.

[Zionistan666]

America went to war against 1.6 billion Muslim, one third of humanity, to please 5 million fascists and religious nuts from Europe, this can not go unnoticed on the volumes of trade, economic boycott is the first form of jihad, on top of paying interests to the same people, since the Zionist FED loan money to the US to go to war for Israel, typical case of parasitism

[santsuma]

@Zionistan666 Agreed. Brilliant comment.

[eujeeves]

bring on the Amero! NWO is going according to plan...

[Iranianoilbourse]

Rotschild which said controll the whole world is probably not so happy.

[Black99Fox]

robert fisk "the great war for civilisation" I higly reccomend this book!!!!

[DanMonDab]

Ron Paul, Peter Schiff, and this guy why in the hell will no American listen to these people????????????

[samcan1980]

@DanMonDab They've been brainwashed for far too long, my friend. People like these are smart and not given any airtime on the Zionist owned media in the US or anywhere else for that matter.

[switch607]

its funny how people always suspect the wrong people... fisk chomsky and chris hedges might work for the corporate elite but their opinions about the subjects are very legitimate!

[obaidCarkey]

when in kakadu, pay with the kakaducian pound!

[666Qtip666]

thats fine but support the freedom of currency act proposed by Ron Paul because ultimately politicians are all dirt bags and freedom to choose is the only way we little people can protect ourselves.

[haimhaviv22]

Robert Fisk has always been a man with an agenda. He is a master of propaganda, who knows how to employ facts in the service of a design of his own.  He is very clever and very insidious, and he is never to be trusted. Weakening the U.S. is certainly part of his megalomaniac plan

[harker23]

@haimhaviv22 Why do you think Fisk has an agenda? Who would this "agenda" serve? What does he have to gain? How can you assume that one man, Dr. Fisk, is that important to statespeople, states etc. would follow him?

Your argument lacks logic, look at the story again.

Matt

[harker23]

@haimhaviv22

[yahshuah29]

@haimhaviv22 You are a typical idiot!

[abe0101]

@haimhaviv22 Give us time old you aging Israeli... America will abandon you eventually... I am an American and i can honestly say your country will eventually be isolated by the united states.. it is already isolated around the world with only a few western countries supporting you because of financial Zionist threat. Robert Fisk speaks the truth, whether it is exposing Israeli's unbelievable crimes against the Palestinians or U.S. puppet governments in the Arab World who suppress their people.

[NikyEeonyx]

hey let's move away from money altogether

[garybrownfie]

@NikyEeonyx Money is necessary in a capitalist economy but it should be sound money backed by commodities such as gold. It is worthless fiat paper that causes the working class to lose its purchasing power. Why would anyone want to hold such a currency when it losses value every year and the rate of interest it can earn won't keep up with inflation? There is no way to save enough to buy a house or vehicle so why bother when the IRS is going to take a big chunk anyway? Who is John Galt?

[NikyEeonyx]

@garybrownfie the corrupt monetary system is old, and getting older every day, it is painfully obvious that the system that we currently have, has expired. We need a new direction if we want to survive on this planet, no longer only caring about money. Money is toilet-paper with nice paintings and digits on it. Peace

[garybrownfie]

@NikyEeonyx So what do you suggest as a replacement? Should we all just take from a community pool of goods to live? And just who will be the suckers who will commit their work to this pool? Money is nothing more than proof of work performed for the right to trade it for goods. The problem comes when governments can debase the money and your work becomes worthless. This is just as much a crime as a common criminal who would steal what you have worked for.

[ilindah]

$1USD will = $1 Baht soon lol

[jsmythib]

@ilindah Best to hold REAL USD..not easy to find tho..they havent been in circulation since 64..

[KOZOG1]

"Mr Robert, I pray that God permits us to turn America into a shadow of itself."

AMEN

[vambo13257]

@KOZOG1 Eat it!!

[KOZOG1]

@vambo13257 China is on course to overtake the US in scientific output possibly as soon as 2013 - far earlier than expected

HAHAAHHAHAHAAHHAHAHAHAHHAHAHAH­AHAHAHHAHAHAHAHAHHAHAHAHA

ITS COMING TO PASS!

[swu880]

Unless u can do that or something along those lines to restore that spirit of inidividual responsibility of 1776, u can expect to find urself in 1984

[Kenzofeis]

Imagine this:

Someone decided that there is not much more to gain from production in yet another country that "got rich" so first they outsource, then they turn the table 180 degrees.. which means, spoiled country ends up as poor country, poor country ends up as rich country.. Rinse and repeat

Who is who in this scenario?

[badsign1980]

portugal was smaller debt then ireland and spain and greece, china will not bail anyone out are you crazy, they have 500 million ppl living with 1 dollar a day, know any developt country like that? china is too heavy they work and grow because of western companies that will move soon when their coin goes up and their standart of living the gov is freakin dictatorship, who the hell wants to live in china, in the mist of 1.3 billion chinese? when they will go hungry and in debt, chinese bubble

[Rico8458]

yes, but china is also going to bail out greece and portugal and spain too. they will invest in europe and back up the euro dollars too.

[Bullpuma]

left brain thinkers can't see the big picture. US students are taught in such a left brained manner. HAHAHAHA! THAT IS Y THEY CANT SEE IT!!!!

[Rico8458]

we are now the puppet of Red China. America is flat broke. has no money. is a basket case. Treasury has no money, it is in the red, not the black. U.S. Treasury has to borrow from china in order to pay the bills here, the budget, the military, the entitlements, social security, food stamps, welfare, etc. America has to borrow from china, japan, saudi arabia in order to pay out your tax refund check. so wake up and smell the coffee folks. the american white man has become a nut case.

[Bullpuma]

@Rico8458 america cannot be a puppet because china cant try to convert all of their US dollars into CHINA dollars. that is because then china will also be broke because the US dollar will immediately plummet to zero. That is y china is now investing heavily in gold and is trying to rely more on other trading partners, and less on the US.

[greenman92553]

Ohh The reporter is so HOTTTT!

Sorry I just had to do it. There is always a masturbated idiot who makes the statement and this is the only RT clip where I didnt see it......

[efadrian]

The US will become slaves of Asia,Europe and Rusia...it is inevitable...

[Bullpuma]

@efadrian the US will simply go to war with Asia and Europe(Russia is in Asia), and use nukes, if it comes to that.

[mmilos11]

greed will eat up America.it will be ruined from inside, same way as Roman Empire..It will be eaten by greed,corruption,wars,weak family values..History repeats!

[88norimaki]

@mmilos11 ur so right USA empire = Roman empire. both will be self destruct by GREED.

[DCFunBud]

U.S. manufacturing has moved overseas, and U.S. companies outsource service jobs abroad and install teller machines (ATMs and auto-checkout counters) to avoid hiring American workers. We're stuck with two un-winnable and unending wars along with many military bases around the world "just in case." And we wonder why there is a depression in the U.S. Special thanks to Wall St., Bush-Cheney, Globalization, Deregulation, the Military Ind. Complex, banks, health ins. industry, and high taxes.

[crlosguzman]

@tommynawrocki The world is becoming more independant of the dollar, started in Europe and it will extend to other parts of the world. Markets will eventually change their infrastructure to these new currencies. Every empire has crumble and USA as an empire will get put aside, Rome, Greece, Mongolia, China, Spain they all crumbled. It´s just a matter of time, USA will become a second or third market and the world will get more multilateral. It´s the future

[crlosguzman]

@tommynawrocki Sir eventually, the USA will have to stop their consuming ways, you cannot sustain an economy without savings and with a deep recession. Read your statistics, more than a half of students that gets out from college is already on a debt of more than 10,000 dollars in credit cards and loans. You said it your self companies in the states are liquid and deep. Note the word Companies, as companies sees thats the USA is deflating, they will move headquaters to other parts of the world.

[Bullpuma]

@crlosguzman the USA will continue on their path, because the hole is too deep. The USA has passed the point of no return.

[crlosguzman]

There are countries in the world, that will dump the dollar, but not now but the process is on. US is losing its economic status as a leading super power. USA is becoming a consumer pure society, plus it has the biggest debt in the world. Guess who is buying US BONDS China and Japan eventually they will get tired of financing USA. IT´s just a matter of time.

[TommyNawrocki]

@crlosguzman Dont believe everything you read or hear. Where exactly is China going to park their soveriegn wealth? In the euro? No way.Its not really about the dollar as much as its about the United States financial markets being the most liquid and deppest in the world. Every other currency on the planet is a FIAT currency just like the dollar. Put it in perspective my friend US companies represent

[TommyNawrocki]

@crlosguzman 35% of the world market cap. US citizens own 50% of the savings in the world. Our debt is huge $13 trillion dollars but Japan has 1/4 the economy and has $11 Trillion in debt. Even at these crazy levels we are still within the norm for western nations as interest on our debt is well below 10% of the federal budget. I just want you to get soem perspective. The dollar will be the only game in town at least for another quarter century and probably longer.

[timetochilli]

yes u.s. hates pro europeans becasue it counters there oil currency come on europe fuck this country that starts wars for greed kills our people and radicalises nice muslim people and turns them into monsters where we have to suffer the effects

[jacksawild]

The world prepares for the collapse of the U.S of etcetera. Oh well.

[BULLred94]

Robert FISK .. hahah FISHY FISHY

[pgg804a]

Dump it. With the USA's enormous debt, weakening economy and financial mismanagement that caused the worldwide recession its clear they are not responsible enough to run the world. The American's only got their power as a result of Europe's self destruction that started in 1914 and was completed in 1945.

[m6000000]

Knock knock, who is this?

The new world order

This is one of the many steps towards it

[malachy1847]

@m6000000 "Buy Gold bury it in your backyard and hope you don't have to dig it up soon"

[koreadude]

i dont think the foreign countries will let the american dollar die! america buys so much of other countries' shit that if the american economy were to crumble then the foreign countries' economies will crumble! foreign countries are dependent on america's spending! they wont let america collapse

[sexybritgent]

I hate dollar and pound they print them too much not tied to gold or visible exports. the uk and usa are bankrupt and should face facts. germany should let greece fail, by giving greece 1 trillion to protect that will be lost in debt mountain. oil is made useless by electrolysis and geet generators, tesla gravity generators. the usa is propped up by oil.

[NemoBlank]

It would be great if the dollar was removed as the central world currency. We are being hosed by Asia as they peg their currencies at an artificially advantageous rate. We lose actual wealth when they kill our industries.

[archieknaud]

The US economy has weakened , in large measure, to the rich getting rich and the working class getting poorer.A recovery is impossible if the average Joe is bankrupt or pays high interest rates on his loans.Notice that the rich get money at or near 0%.

[rkucbel1]

Yeah I remember this dork. Mr. know it all with his "inside info". Wild horses wouldn't keep me from betting against a unanimous agreement from India, China, Brazil, France, and Saudi on anything. Yeah, and then like six weeks after this doobs 'report', would have been a pretty good time to buy dollars! What the hell would some stupid broker in China know about what the direction anything will go in? If he was so smart, he wouldn't be at some lame meeting with this 'in the know' dude.

[mickyboy200768]

the worst for the USA is yet to come, every single states will have civil unrest when they will inform there citizens that they can't afford to refund them there tax returns this year,

[greatbydesign33]

Historically the Government has printed it's own money. These were the most prosperous times in American history but Americans have totally forgotten about those times because the bankers have us so brainwashed now. Lincoln issued the Greenback during the Civil war and it was MARVELOUS. That's the main reason they killed Lincoln. If the Gov'nt prints it's own money it means NO INTEREST = NO INFLATION.

Think about how insane it is to have an outside agency printing money and controlling it.

[14842]

Forget US bonds they are worth nothing, we need a new platform right now ASP

[klard]

Of course they deny it. They don't want to be bombed by the USA.

[VolcanicPenguin]

It'll be interesting to see if selling oil with this "basket of currencies" will have a significant effect on the economy.

To be honest, I'd be pretty disappointed if it ends up stabilizing it.

Not an expert on this myself. If you've got any input I'd be glad to hear it. :)

[kmaydacrook]

who the fuck wants to continue to fund these illegal wars because we have trade in dollars???

[AntiNaysayer]

capitalism needs serious regulation

but it cannot possibly be regulated

so its doomed either way

[sirellyn]

Capitalism by its nature must be deregulated. But to be clear, deregulation has to start with the smallest beneficiaries and work it's way up.

You don't deregulate goldman sachs, you take away the laws that make forming a small business in the US difficult.

After the bottom, then the middle is deregulated then you finally do the top.

[WreakingHavoc1]

@sirellyn

This is true. What big business has done with regulation is - they've used it to put their competitors out of business or made it impossible for them to compete. This happens all the time. Not too long ago a small dairy farm started selling milk very cheap in the West. The large farm conglomerates paid off some politicians to pass laws to put them out of business. The same types of things happen in the financial sector.

[pretorious700]

You would not believe the obstacles the US government has put up for small businesses. I ran a small company for 30 years, but now it's almost impossible to get a new startup. So I moved to Thailand and working here is like it was in the states 40 years ago.

[mrmuh2000]

@pretorious700 I 've been pondering a move myself to Asia, but not sure where tho, either Thailand, Singapore, or China. I have about 200k in capital saved up, 25% of it I put in gold and silver. But I would like to relocate out of the U.S., probably to some African or Asian country. Please let me know if you have any info, and I would greatly appreciate it. Thank you.

[mmeischa1]

@mrmuh2000 Choose China..offshore privacy..

[RDpapichulo]

we have too much regualtion that is the problem, the people who regulate make regulations for their own faovr. The free market needs to regulkate itslf, people are smart enough to decide for themselves.

[VolcanicPenguin]

@RDpapichulo

The term "regulate itself" makes no sense to me, wouldn't it just mean regulating things in it's own favor? And what exactly is this free market? Weren't these megabanks created out of the free market? Wasn't it their ability to "regulate themselves" that made them to big to fail?

[pretorious700]

Regulation and taxation have been two of the factors that have killied the dollar and the US economy

[FreelancePatriot76]

You forgot the Federal Reserve printing money out of thin air, to loan out, to then be paid back in hard earned money (plus interest).

The money supply is greater than the silver gold supply. Taxation is irrelevant.

[Lifter85]

your mom has herpes

[FreelancePatriot76]

ouch, mom jokes from an internet tough guy.

I better watch the fuck out !

[Lifter85]

you're right...for herpes...

[greatbydesign33]

It's Government spending / borrowing from the Fed, and the resulting inflation that debases the dollar. We have to get rid of the Fed. The Treasury should be printing it's own money INTEREST FREE.

[ToiYeuDatNuocCuaMinh]

Who is buying cheap product by the billions and complains and not in DEBTS :) Muahahah hypocrites.

[EdenAlabama]

Hang on johnney, I better make that easuer for you to grasp. Forget about previous exports and concentrate on how increasing IMPORTS from ABROAD brings wealth into the economy. I know you think money gets shipped into the seaports but that all funished last week. Think MANUFACTURE, WEAK DOLLAR and FOREIGN COUNTRIES IMPORTING. Or maybe you have a new and better way of creating domestic wealth? I can't wait for this one ... c'mon now johnney

[EdenAlabama]

Relax and try to actually present an intelligent criticism of my point. I did not mention exports. And what I say is correct.

[johnnyu3]

The weak dollar is going to destroy the US economy. Exports were 9.5 percent of the US economy in 2003 & 13.1 percent in 2008. So according to Eden Alabama the economy was better in 2008. Yeah let's destroy 90 percent of our economy to strengthen the 10 percent export jobs. I'm sure paying $10-$15 for a gallon of gas won't hurt the economy Eden.

[EdenAlabama]

A weak dollar makes importing products from the US cheaper to do. Hellooo?

[EdenAlabama]

Having a weak dollar at this point in time has some great benefits for US exports. Exports, of course, being a great base to build a country's wealth upon. But wouldn't it be great if the US could have the slave/child workers of China at its disposal .. now that would make for a great wealthy country. Pity about the immorality though. No kuddos for those communist Chinese.

[RDpapichulo]

that's nonsense, a weak dollar is bad business a a progressively weakening dollar means less exports and fewer trading, I.E. bigger trade deficit.

[RDpapichulo]

the economy weakens, THEN the dollar weakens, not the other way around.

Which means we have to produce more exports first in order for the economy to improve, then the dollar rises.

a weak dollar on its own just means more inflation, more inflation means fewer products on the shelves. which means low productivity.

[ToiYeuDatNuocCuaMinh]

The ironic thing is, from u I heard and research is that these "slave labour" in China are the ones who can afford to save a declining dollar a day ,a week or a month in their financial institutes and its their financial institute in China that financing and lending your US debts. They will expect good interests in return :D.Its a competitive world why the hell should I pay 100 times more for US labour to produce the same shit China can produce,US think that are Gods or something?

[EdenAlabama]

@ToiYeuDatNuocCuaMinh ... What can I say to an Asian man that declares he sees no problem in buying fellowAsian child labor manufactured goods simply because the products are cheaper. Well done. A perfect example of the kind of Asian ethics I was talking about. And as for Gods? .. Yes, a lot of Americans are genetically modified.

[ToiYeuDatNuocCuaMinh]

U saying theres not child labour in USA or western nations, what is the fast food chain industries ,notice how in most fast food chains in the world employs "child" for cheaper wages.U just cant compete but complain. Its the western capitalism that sustain their "living standards" and businesses by seeking "cheap labour" in Asia ,u can go to African its probably more cheaper,why dont u? Funny these "cheap labourers" can save and u US fags borrow from them muahahhaha.

[sonofashogun]

It's illegal to employ children under the age of 15 (16? I forgot). Now, family diners could be another thing for all I know, but the only "Labor" that can be manditory for children is school, legal, (and parental commands before they are at age to care for themselves, Lawyers, Politicians, correct me please) It is also, those "Living Standards" that are a bit unbalenced at right now. By the way, we shouldn't be blamed as a whole for borrowing from you guys, we don't vote on it as a community.

[silversobe]

"If the American people ever allow the banks to control the issuance of their currency, the banks and corporations that will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered." ~ Thomas Jefferson

[spernoadversa]

Chaos! Rampant in an age of distrust.Confrontation , impulsive habitat! On and on south of heaven! On and on south of heaven!!

[manofsan]

This is all the fault of having created the US Federal Reserve. Woodrow Wilson - another Nobel Peace Prize winner - must be laughing at everyone from his grave.

[Chancellor521]

Actually, Woodrow Wilson regretted his decision. I'm pretty sure he is weeping right now.

[manofsan]

Wilson's crocodile tears have done nothing to reverse his sellout of his own country. By creating the Fed, he set in motion the eventual destruction of his country.

[PNACATTACKdotCOM]

:) Looks to me that it's the BEST FASCIST of a Year award, Because Kissinger, Carter, obama and Ahtisaari etc have got that alao (Promoting a Nazi war crinmina l/ terrorist Tony Bair for middle East peace maker)

[DallasGBoy]

I hope the dollar hurries up and dies like next month... b/c i don't have any of them at the moment... get it over already. It will teach the masses a lesson on blindly trusting the government like a bunch brain dead zombies

[newengland72]

I wish i could agree with you, but I have too many greenbacks... and live in the US.

But oh to teach the politicians and the Fed a lesson...

[mametz]

The sad part is that it won't teach them a lesson. They are already bough and paid for and will be well taken care of by the global elite for their service in destroying the currency.

[FallenPage]

exactly, only the civilians will become the casualties as always

[pretorious700]

@DallasGBoy I haven't had an American dollar in over a year, and don't miss 'em at all.

[normalais]

@DallasGBoy The problem is not that masses are trusting the government. We elected them, we are supposed to be able to trust them. The problem is that the government trusts the bankers too much, or better yet, is owned by the bankers.

[edwardwills]

@DallasGBoy IF you are an American, how did you get out of your dollars?

I am opening up a deposit with Swiss Franc through Everbank, how did you do it?

[edwardwills]

@DallasGBoy Hey, I am trying to get out of mine lol..

[buckinfitches]

@DallasGBoy It won't teach the masses much they have no choice but to use dollars to live. All it will do is kill much of the masses. So in reality your hoping tens of millions of Americans die of hunger and civil war? Because thats what would result from a dollar collapse.

[swu880]

@buckinfitches

The dollar WILL collapse- unquestionably. The only question is when. If u continue to live in such denial and willful ignorance, u deserve every bit of cold reality when it smashes u in the face- u will deserve the riots, the starving and the crying. Want to prevent that? very simple- clean up the government, abolish the fed, stabilize the dollar & decentralize virtually all power out of washington. 

[miauwww]

@Sturmpionier04

The name Hussein has nothing to do with it. Ridiculous Obama haters always bring up his name and background. Stop pointing out trivial things and act like you made a point. That is what got us in this mess in the first place. Total denial and concentrating on unrelated subjects. We're talking about huge economic interests and the implications this will have. Not which puppet is running the US government.

[miauwww]

There is no difference between democrats and republicans when it comes to things that REALLY matter. It is fictional fight to keep the masses entertained and make them feel like they live in a democracy. Both democrats and republicans like the status quo.

[obergsson]

He has acne roseacia ... its a skin condition not a drinking problem ...

[Yourdeadmeat69]

Don't be put off by that Rudolf the Red nose appearance, Fiske needs to stay out of the pubs, but his analysis needs some further refinement, namely, if the other nations buy enough gold and silver, equal to dollar investment, all they have to do is leave the dollar and take a 90% loss in those investments, but gold and silver will TRIPLE.

Two 7 TRILLION investment, one goes to 1TRILLION, the other to 21 TRILLION. That's 14 T PROFIT in gold, 6T LOSS in US bucks.

Net profit, 8 TRILLION. Nice?

[jellybean2626]

bye bye america

[DPRKTHUG]

Any american calling this channel propaganda needs to look at foxnews em racist niggers

[dudeglove]

Fisk is a great speaker on MidEast issues.

[MOSYABASYA]

this channel is a bullshit! dont watch it! its only a propoganda lol

[ummonk]

Certainly. However, Western media is propaganda in its own way. If you watch both, you can at least hope to come away with an unbiased view.

[nesianboy]

Another person that cannot handle the truth. I guess US news media is all knowing right? They cover everything.

[mscir]

Where are the new factories employing Americans building electric cars and alternative evergy (solar, wind, wave, geothermal) devices Obama? You couldn't give the trillions to the rich wall street bankers fast enough, but where are the middle class jobs? Liar. You even backed down on a needle exchange program you supported when you ran. I guess it's okay if the poor get aids or hep C, they don't have any clout with the Congressional whores, right? Liar.

[edmack4me]

NOT 9 years but 9 months, if even that.

[Red0660]

Well it just makes sense really. The United States is a pig farm where 80% of our GDP is consumer consumption.

We don't actually produce anything. In terms of the transition to globalization we've taken "bitch". Corporate nation states have no borders. It is not about what is best for the American people but what makes the corporate nation states rich.. America is a has been, it is finished, it is spent, and can't even afford to care for it's own citizens much less produce something.

[whatoneknows]

You know, if we used all, or even most, of our political capital in the world for humanitarian causes and actually sought to free those in countries like Honduras, Burma & S.America instead of pushing CIA operations to overthrow democratically ellected populist leaders who only fight for their people... I might give a damn that we're loosin that capital.

As it is, it's about fucking time we were forced to concentrate on improving ourselves instead of conquering others...

[openuniverse2003]

Good. The faster they dump the dollar for trading oil, and gas becomes super-expensive in the U.S., the faster we can switch to all-electric cars, etc. We should have pursued this back in the 1970s. As for the U.S.'s economy, the U.S.'s GDP is 25% of the world GDP. That is, the U.S.'s GDP is equal to the GDPs of the next 4 countries: Japan, Germany, China and Great Britain. America isn't going anywhere, son.

[IlluminatiSeer]

IMF will control all world currencies

[englishgodess]

usa is going down :) no more american empire freedom at last.

[PresidentTeleprompte]

You are a moron. Freedom at last... says someone from London. Which has 10K cameras...

[Lingerfoot]

What about The North American Union and The Amero?

[nirbija]

After the last Great Depression, brought on by FINANCIAL THIEVES, the world was re-organized.

And with this newest Great Depression, brought on AGAIN, by FINANCIAL THIEVES, the world is again being re-organized.

But will the greedy, selfish, misguided and ignorant financial thieves recognize the great harm they have done to their own countries? NO!

It will take more 'peasant' revolutions to dislodged the financial thieves.

[averageworkinggal]

Financial thieves, like say Dick Fuld of Lehman, who wound up with a few hundred thousand dollars for stock that was worth $150M a few weeks earlier?

[nirbija]

YES!

Especially financial thieves like him!

I don't see the point of your post?

Unless you're unable to recognize that not every last criminal act is going to pay off handsomely for a thief?

Every heard of 'liar loans'?

If one KNOWINGLY give a customer bad product for their good money, then one is a THIEF!

It is just too bad that the FBI is making every last one of the financial thieves wind up with just a few thousand$, instead of many million$ for some

[averageworkinggal]

Financial "thieves" like Fuld that destroy their careers and their companies through sheer incompetence in risk manangement.

They robbed themselves with their own incompetence.

Their incompetence is well documented in the financial press.

I can see that you conspiracy nuts don't read the financial press from all your crackpot claims.

[nirbija]

Ever heard of the thief who tried to enter through the roof & fell in the chimney?

Fact that the likes of Fuld & his company fell IS NOT proof that he & his ilk weren't thieves!

So-called 'incompetence', you ascribed to thieves only happens because they did not get rich from their thievery

And your bought out 'financial press' is just covering their equally lying & thieving arses; because those propagandists were in the tank with the financial thieves

'LIAR LOANS' is all the hint you need!

[averageworkinggal]

Fuld ran an investment bank, not a mortgage company.

Fuld didn't do "Liar Loans".

He securitized them.

He just screwed up in the risk weightings of his mezzanine tranches.

[nirbija]

Gosh!

investment bankers DID invest in mortgage-backed securities!

They ALL knew (including the rating agencies) or should have known, about the 'liar loans' behind those mortgages

However, when the financial THIEVES were at first making unconscionable bonuses 'hand over fist' & threatening the stability & demise of their company, their country & world, those greedy financial thieves could care less; because that is how greedy THIEVES are!

In a lawful country, the corruption WOULD BE punished

[mrzack888]

RT must hate America for what making her lose the cold war.

[nirbija]

Wake up!

No nation won or loss the 'cold war', considering that Americans have finally come to grips with the Depression, which is driving citizens to suicide.

However, the whole world gained from the tamping down of the destructive influences of a few decades ago.

Don't tell us; you must be like the wild bush, 'one child left behind' by the decrepit American mis-educational system.

[djsnakeyes]

I love his comment at 1:22 : "...they don't want bad relations with the United States..." What he meant to say is that they don't want to get bombed, invaded and occupied like Iraq when it threatened to use the Euro for its oil trading.

[ivangrozny27]

hahaha so true, mate. Also, I've never figured out why the Gulf states have been so accomodating to the US. Centcom is based in Qatar I believe. That's like inviting a cobra into your house because it might occasionally catch a few rodents.

[ChristianLove2008]

Gulf Arab states are smart. Look at the arabian peninsula vs last 40 years. Its one of the most advanced region in the world. They allow the americans to provide security for them so american tax dollar money is spent on providing security to the Arabian peninsula while the countries in the arabian peninsula spend their money in improving their nations GDP and infastructure. they let barbarians(americans) deal with barbarians(Iran, Israel)

[tracala]

HEY RUSSIANS, WHY DID YOU ERASE MY COMMENTS, AH?

.

.

I WROTE: buy russian roubles and cuban pesos, ok?

[garmao]

Robert Fisk is one of the last remaining real journalists. The man met Osama bin Laden. So when he says " I've got my sources" - I believe hin

[KalkiReturns]

Stupid American cocksuckers never heard of karma.

[banjojambo]

WOw you are brilliant !! go look in a mirror

[KalkiReturns]

LMFAO!

[Zalzal019]

They are pushing for a new world currency. It must be resisted.

[motorolarules]

Excellent!!!!! This is great news.

[borat443]

Good rid dens, the end of American domination will be a good thing for the whole world, no more White Anglo Saxon racist,power structure calling the shots will make this a better world, And the dollar will be crashing before 9 years I predict two years tops and this will possibly mean the end of fiat currencies that can be manipulated by central bankers oh happy day

[boomerdorman]

All of our problems are linked to central banks and the fractional reserve banking system. END THE FED!

[spanishaustralian]

its fucking true. this guy is telling the fucking truth its the CENTRAL FUCKING BANKS

[Flankymanga]

It is for the benefit of the world, that the dollar needs to be dropped out. It is for the benefit of whole world that the american economy needs to sink, while the world will be affected to some degree, but the world economy needs to be rebuild on a differrent economic system. On a system where common people needs to be taken into account. In todays system money are the target, but money has to be a means to achieve a higher target, like good of the society.

[firefox8192]

executive order 11110

[prosvjeta]

i have been listening to alex jones' radio show since 2007 and i knew that the demise of the dollar is coming.

[scottishbadboy1]

Spot on TIG!!

;-)

[Steadno]

lets get it on!

[yaplonglong]

What the rest of the world is giving us a very simple message - cut your losses before your US $ is dwindled to nothing - less useful than toilet paper.

And why is the US $ so valueless - very simple - they have not cured the derivative problem valued at 600 Trillion. That is - if my maths is correct - $100,000 per person alive to day on this panlet.

600,000,000,000,000 / 6,000,000,000.

So you and I owe 100,000 which we don't have.

I need a drink.

[immanent]

that 600 trillion, if accurate, didn't vanish into thin air. Much of it is in the form of assets somewhere in the world. The people will get it back, one way or another.

[fruitsofnews]

hilarious.

[yaplonglong]

Wow! Get rid of your US dollar.

[tracala]

Robert, buy Cuban Pesos and Zimbabwean Dollars!!!