When you read through it you realize OTHER COUNTRIES are WORRIED about their INVESTMENTS!
When the DOLLAR is NO LONGER the RESRVE CURRENCY -- as PLANNED for their New World Order and Global Government -- then AmeriKa is SUNK!
Anyone READY FOR a WAR!??
I heard Israel was on stand-by for bombing Iran and monkey-wrenching the works. Also helpful to note that Saddam Hussein was going to convert to Euros for payment just before the US invaded.
"Speaking in London, Treasury Secretary Timothy Geithner suggested help could be on the way but gave no specifics.
So WHAT was HE DOING in London and WHY SO QUIET about it, MSM?
--more--"
"The weakening of the American economy has raised questions as to whether the dollar could remain the world’s top reserve currency, a key issue for the heavily leveraged United States."
That's your little half-truth in this piece, folks.
"Geithner courts Arab creditors, sees a gradual rebound" by Adam Schreck, Associated Press | July 15, 2009
A key aim of Geithner’s trip is to convince the major oil producers the United States still welcomes their business, and has plans to get itself out of a crisis stemming from what he said was an “unsustainable fiscal path.’’ “The force of the global recession is receding,’’ Geithner told Saudi Arabian business leaders in the commercial hub of Jiddah, the starting point of his first official visit to the Middle East. “Global trade is just starting to expand again.’’
You see why I'm sick of reading the paper, right? Can't take these lies any more.
But while noting the International Monetary Fund and other analysts have begun raising their growth forecasts for the second half of 2009 and into 2010, he cautioned the signs of improvement were fragile and the “process of repair and recovery is going to take considerably more time. This crisis has been brutal in the extent and severity of damage to economies around the world,’’ he said. “Given the extent of damage to financial systems . . . it seems realistic to expect a gradual recovery, with more than the usual ups and downs and temporary reversals.’’
I'm tired of globalist fart mist. Period.
Geithner’s Mideast trip was billed as a follow-up to President Obama’s recent overtures to the region. But the stop in Saudi Arabia - the Arab world’s largest economy and OPEC’s de facto leader - is also a clear reflection of the growing financial clout of the six-nation Gulf Cooperation Council. The treasury secretary arrives for talks in the neighboring United Arab Emirates, the number two Arab economy, today.
If you keep reading you will find they are worried about their INVESTMENTS LOSING MONEY!
What Geithner has to say in private to officials in the oil-rich region could help determine whether the Obama administration’s efforts to right the US economy succeed. The Arab Gulf states are major backers of US companies and government bonds and, as a group, are the biggest US creditors after China.
Don't you love how the Zionist Jew MSM steers clear of Zionist control over the Fed and other institutions -- as if they had nothing to do with this. As if it is all these bad Arabs and Chinese holding ou debts (thanks for funing the wars and war-looters, suckers).
You see where this is all going, right? How the Jew MSM is going to present the imminent economic collapse?
The weakening of the American economy has raised questions as to whether the dollar could remain the world’s top reserve currency, a key issue for the heavily leveraged United States. The slowdown also increased concerns major foreign creditors could look to more lucrative investments in strong developing economies outside the United States.
And WHO WEAKENED that DOLLAR by PRINTING SO MUCH MONEY to FUND Obama's TAX-WASTING BULLSHIT?!!!!
The Gulf states’ wealth skyrocketed during oil’s earlier boom years, but they have grown increasingly concerned as crude prices and the value of their investments soured. Five of the council nations - Saudi Arabia, the UAE, Oman, Bahrain, and Qatar - peg their currency to the dollar. Kuwait uses a basket of currencies that includes the greenback.
Geithner, who was in London on Monday, said the Obama administration is committed to preserving the openness of the US economy. He said the nation realizes it has “a special responsibility’’ in protecting the value of the dollar, which remains the world’s dominant currency.--more--"
Must be a REAL CONCERN NOW!
"Geithner vows focus on dollar; Seeks to assure Gulf emirates" by Adam Schreck, Associated Press | July 16, 2009
ABU DHABI, United Arab Emirates - US Treasury Secretary Timothy Geithner sought to bolster support from Gulf Arab nations yesterday, telling allies in the United Arab Emirates that Washington is committed to keeping the dollar strong and promoting sustainable growth.
Geithner’s visit to the Emirates capital, Abu Dhabi, was made on the second leg of a two-day trip to the Middle East, where he is seeking to convince Arab leaders of the Obama administration’s efforts to fix the US economy. His schedule included closed-door talks both with policy makers and some of the country’s powerful sovereign wealth funds.
“We want to rebuild a stronger foundation for more balanced growth globally,’’ Geithner said after discussing education and economic development with UAE Foreign Trade Minister Sheikha Lubna al-Qasimi and other officials. “We need to make sure as we emerge from this crisis we’re not sowing the seeds of imbalances that will lead to future crises.’’
Geithner’s visit to the UAE, the second-largest Arab economy after Saudi Arabia, was made a day after he met with Saudi King Abdullah and businessmen in the kingdom. Analysts say a key aim of the trip, which follows a series of overtures to the Middle East by President Obama, is to reassure major oil producers in the six-nation Gulf Cooperation Council that America still welcomes their business and will safeguard the value of the dollar and their vast US investments by forging a way out of the crisis.
Leaders in the region have grown increasingly concerned as crude prices and the value of their investments soured in recent months.
Why does that sound OH SO FAMILIAR? So not only is the reporting shit, it's repetitive and regurgitaed shit!
Gulf governments hold more than $400 billion worth of US investments, making them second only to China as America’s biggest creditor, said Nasser Saidi, chief economist of Dubai International Financial Center.
Yeah, funny how Israels economy is sailing all through this without a drop of s*** on'em, huh?
--more--"
"Economists say there are two threats that could scuttle their forecast of benign inflation - oil and the dollar. If Middle East tensions suddenly sent oil prices surging, or if the dollar started falling precipitously, all bets would be off."
Thanks "friend" Iz-ray-HELL!
And get this: "Boston-based Fidelity, which manages $1.3 trillion of assets, has recommended that shareholders vote no on the proposal both years it has come to a vote."
Wow, that NUMBER SURE SOUNDS FAMILIAR!
Related: Debt-Loving Americans
Time to SMELL that BOWL of S*** FIVE INCHES in front of your face, Americans!
But they won't. The last few days around here have proven to me that my fellow countrymen are nothing but slugs of shit. Filled with shit, then spewing shit.
Sorry to be so harsh, New Englandahs, but the TRUTH HURTS!
