Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

23 Countries, 60 % of the GDP, set to abandon the dollar


lupine49
 Share

Recommended Posts

I tried to copy the email I received on this subject, but ran into technical problems.  So here is the link.

 

The link: http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/ if you are unable to open this file then just Google: 23 countries now abandoning U.S. dollar and read all about it.

 

Maybe a certain alphabet soup organization won't be so much of a problem.

  • Upvote 1
Link to comment
Share on other sites

Here you go

 

23 Countries Now Abandoning US Dollar

 

 

 

A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

World reserve currencies have always had a limited life span and ours is up.

Reserve-Currency-Status-300x254.png

Historically, new world reserve currencies are backed by gold.

Prices just dropped on gold and silver. NOW it the time to buy! Protect your wealth my friends.


For several years, financial analysts, primarily those outside the mainstream of academia, have been
warning
that any day could be the black swan event that collapses the
, and ends U.S. hegemony as caretaker of the world’s reserve currency. That day has finally arrived as on Nov. 18, a former head trader for a major financial institution issued a harbinger and stated that 23 countries, and 60% of the world’s GDP, are right now setting up new swap lines which bypass the dollar, SWIFT, and the BIS, and will usher in a new global currency system which will kill the dollar.

The thoughts that are put into the minds of men that are aware of
what is
occurring on
trading
floors all over the world is when? When is also the question that I get asked about quite often by thousands of people. So what is the “when”? The “when” is what is the sure sign that this fraudulent sham that we call an economy is over?
Folks the biggest sign is when those that trade in the dollar to acquire goods, no longer want the worthless paper because of US “bully” policies or they have totally lost faith in the US as a responsible steward of it’s currency and economy. That day has arrived.

All over the world economies that have not totally shot themselves in the foot by gambling in the Anglo-American casino are now moving to set up various currency exchanges by passing the dollar. –
via

The list
of the 23 countries which are creating new swap lines outside of the dollar include
, Russia, India, and surprisingly, Germany, France, and the United Kingdom. This means that the Eurozone itself is abandoning the dollar, and preparing for transition to a new central
banking
system.

To facilitate the transfer of currencies and swap lines, there needs to be a
bank
of sufficient size and stature to aid in handling of this monumental task. One year ago, China, along with the
nations of Brazil, Russia, India and South Africa, loaned money to a new
they established and labeled the BRICs bank. This bank was created with the intention of bypassing the dollar, and allowing free trade to occur between nations without the need to trade for dollars first, as is currently the format under the petrodollar system. In fact, the new BRICs bank will function both as a bank of international settlement, as well as a lender of
last resort
, eliminating the need for the BIS and IMF, which currently reside under dollar dominion.

The only thing that stands in the way of the world’s final rejection of the dollar is the wavering trust that Saudi Arabia and OPEC have with the U.S. in assuring oil transactions remain denominated in dollars under the 1970′s Petrodollar agreement. But as the world has seen recently, even the Saudi kingdom is hedging towards a new global system, and has publicly stated that their ties to the U.S. are open for
.

What started in September of last year, when an
between China and Russia ended the dollar’s stranglehold over oil and how it was purchased, the past 14 months have seen a momentous rush towards setting up the infrastructure to replace the dollar completely in global transactions. And with 23 countries, including those from the BRICs nations and the Eurozone, preparing for new swap lines outside of dollar hegemony, the fuse has been lit on the dollar’s death rattle, and the when has changed into the now.
Edited by SocalDinar
Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.