IMF's SDRs to become New Global Reserve Currency when the next crisis hits...

Discussion in 'Politics & Religion' started by gauharjk, Apr 3, 2009.

  1. #1
    It's Official, a new Global Currency on the way

    http://www.youtube.com/watch?v=Ull_HZUxAMk (Please Watch)


    G20 London Summit Leaders' Statement (02/04/2009):
    http://www.londonsummit.gov.uk/en/media-centre/latest-news/?view=News&id=15766937

    Financial Stability Forum Issues Recommendations and Principles to Strengthen Financial Systems

    http://www.fsforum.org/press/pr_090402a.pdf

    National sovereignty of countries is being diluted and we can see the emergence of a new Global Financial Regulator. This is not good news...

    It will lead finally to a new Global Currency controlled by the IMF. Already $1.1 Trillion have been allocated to the IMF. You know where the money s coming from? Some of it is coming from member states. But the rest of them would be printed in the for of "Special Drawing Rights" or SDR.

    In May 2008, CFR had published a paper outlining how they'd implement Global Governance - http://www.cfr.org/content/thinktank/CFR_Global _Governance_ Program.pdf
     
    gauharjk, Apr 3, 2009 IP
  2. Bernard

    Bernard Well-Known Member

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    #2
    I hope America wakes up before it's too late.
     
    Bernard, Apr 3, 2009 IP
  3. gauharjk

    gauharjk Notable Member

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    #3
    Check out this article in the Telegraph

    [SIZE=-1]G20 Moves World Close To Global Currency

    [/SIZE]
     
    gauharjk, Apr 3, 2009 IP
  4. Bernard

    Bernard Well-Known Member

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    #4
    Good find. I've been documenting developments on the push to a global currency for a while, but this is happening much faster than I imagined it would.
     
    Bernard, Apr 3, 2009 IP