Monday, September 28, 2009

Zoellick Zoinks Dollar

Well, ONCE AGAIN the BLOGS are RIGHT!

They have been SCREAMING about a WORLD CURRENCY for GLOBAL GOVERNMENT and the DESTRUCTION of the DOLLAR -- and HERE WE ARE!!!


"Dollar’s primacy not certain, Zoellick says" by Bloomberg News | September 28, 2009

WASHINGTON - The United States should not take for granted the dollar’s status as the world’s main reserve currency, World Bank president Robert Zoellick says.

In remarks set for delivery today, Zoellick said the “next upheaval’’ in the international economic order is underway as emerging nations gain influence.

You HAVE BEEN WARNED, AmeriKa!

Also see: The Shadow Summit

“The United States would be mistaken to take for granted the dollar’s place as the world’s predominant reserve currency,’’ according to excerpts released by the World Bank.

And you know what happens then, American?

YOUR PRICES SKYROCKET like GERMANY in the 1920s or Zimbabawe now!!

Policy makers from nations including China and Russia repeatedly have called for an alternative to the world’s main currency in foreign-exchange reserves.

Zoellick’s speech, to the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University, echoes previous comments about the dollar.

Treasury Secretary Timothy Geithner said last week in Pittsburgh that the United States has a “special responsibility’’ to preserve confidence in its financial system and “sustain the dollar’s role as the principal reserve currency in the international financial system.’’

That's not an echo, that's an opposite!!!!

--more--"

Related:
The Quiet Decline of the Dollar

Never even heard it, did you, American? Was as quiet as a pin dropping thanks to the MSM.

Then you are going to wake up one day to a "crisis," just watch (won't have long to wait).