Deega
15th September 2010, 23:05
Hi Avalonians,
If you're not already aware, here is part of an article from Sorcha Faal found in Web Site "What Does It Means.com" at http://www.whatdoesitmean.com/index1405.htm.
September 13, 2010
IMF Issues Catastrophic Warning As France Calls For End Of US Hegemony
By: Sorcha Faal, and as reported to her Western Subscribers
In a shock warning to a World entering its third year of Global economic chaos, the Managing Director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, stated today that the unemployment situation facing all Nations has now become a “catastrophic situation” that is “unparalleled” and is fast leading to the creation of a “lost generation” of human beings numbering in the hundreds of millions.
Strauss-Kahn’s grim warning follows on the heels of French President Nicolas Sarkozy calling for the end of US hegemony and the establishment of a new International monetary system he plans to propose at the upcoming G-20 summit in November and supported by the emerging economies of China, India, Brazil and Russia, who, like Sarkozy, are angered by the collapsing American Dollar's supremacy.
These shocking developments also follow the United States surprise move this past month wherein the Americans called for shifting the balance of power over the Global economy from the West to East by allowing the so called emerging economies of the Middle East, South America and Asia to dominate the IMF, and hence control World economic power.
The response of the United States, where the top 1 percent of American earners now take home nearly a quarter of Americans’ total income, to these latest grim developments appears on its face to be one of shocking complacency with reports showing that Obama has scheduled a week of White House parties instead of working to prevent the total economic collapse of his Nation.
Obama’s actions in partying now is significant because it is happening at the same time American investors are using options to brace for big swings this week as Wall Street enters the peak of the most volatile month for stocks historically, and which Brian Overby, a senior options analyst at online brokerage TradeKing in Charlotte, North Carolina, states “this week is the real start of a month to be nervous about.”
Even more ominously for the United States are the many historical warnings pointing to their soon to come total economic collapse that we had previously written about in our reports Hindenburg Omen Warned Spells ‘Final Doom’ For America and “Triffin Paradox” Collapse Of US Economy Sends Shockwaves Around World.
To how catastrophic Obama’s economic polices been to the United States we can see in newly released US government statistics showing that under his leadership the poverty rate in America has soared to levels not seen since the early 1960’s, numbers so horrific they led then President John F. Kennedy to declare his famous War On Poverty.
Unlike the early 1960’s, though, Obama has no economic power to launch his own war on poverty as the millions of jobs lost under his Presidency are warned will never come back and likening the conditions he is facing to those of the Great Depression era President Franklin Roosevelt, rather than those of Kennedy.
And in comparing the present day actions of Obama against those of Roosevelt one can sadly see with great clarity his ‘master plan’, so to speak, to keep himself and his elite cronies in power for decades to come, a future of unending Global wars increasing to such size and magnitude our whole Planet will be engulfed.
To fully understand this, especially if you’re an American, you have to remember the pivotal year of 1937 which saw the United States still in the grip of a nearly decade long economic depression set into motion by their historic October 1929 Stock Market Crash, and which up to that year Roosevelt, and all of the polices and laws he enacted, still failed to break.
....... ..............
continue link below......... ...... .......
Continue at http://www.whatdoesitmean.com/index1405.htm
All my blessings.
Deega
If you're not already aware, here is part of an article from Sorcha Faal found in Web Site "What Does It Means.com" at http://www.whatdoesitmean.com/index1405.htm.
September 13, 2010
IMF Issues Catastrophic Warning As France Calls For End Of US Hegemony
By: Sorcha Faal, and as reported to her Western Subscribers
In a shock warning to a World entering its third year of Global economic chaos, the Managing Director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, stated today that the unemployment situation facing all Nations has now become a “catastrophic situation” that is “unparalleled” and is fast leading to the creation of a “lost generation” of human beings numbering in the hundreds of millions.
Strauss-Kahn’s grim warning follows on the heels of French President Nicolas Sarkozy calling for the end of US hegemony and the establishment of a new International monetary system he plans to propose at the upcoming G-20 summit in November and supported by the emerging economies of China, India, Brazil and Russia, who, like Sarkozy, are angered by the collapsing American Dollar's supremacy.
These shocking developments also follow the United States surprise move this past month wherein the Americans called for shifting the balance of power over the Global economy from the West to East by allowing the so called emerging economies of the Middle East, South America and Asia to dominate the IMF, and hence control World economic power.
The response of the United States, where the top 1 percent of American earners now take home nearly a quarter of Americans’ total income, to these latest grim developments appears on its face to be one of shocking complacency with reports showing that Obama has scheduled a week of White House parties instead of working to prevent the total economic collapse of his Nation.
Obama’s actions in partying now is significant because it is happening at the same time American investors are using options to brace for big swings this week as Wall Street enters the peak of the most volatile month for stocks historically, and which Brian Overby, a senior options analyst at online brokerage TradeKing in Charlotte, North Carolina, states “this week is the real start of a month to be nervous about.”
Even more ominously for the United States are the many historical warnings pointing to their soon to come total economic collapse that we had previously written about in our reports Hindenburg Omen Warned Spells ‘Final Doom’ For America and “Triffin Paradox” Collapse Of US Economy Sends Shockwaves Around World.
To how catastrophic Obama’s economic polices been to the United States we can see in newly released US government statistics showing that under his leadership the poverty rate in America has soared to levels not seen since the early 1960’s, numbers so horrific they led then President John F. Kennedy to declare his famous War On Poverty.
Unlike the early 1960’s, though, Obama has no economic power to launch his own war on poverty as the millions of jobs lost under his Presidency are warned will never come back and likening the conditions he is facing to those of the Great Depression era President Franklin Roosevelt, rather than those of Kennedy.
And in comparing the present day actions of Obama against those of Roosevelt one can sadly see with great clarity his ‘master plan’, so to speak, to keep himself and his elite cronies in power for decades to come, a future of unending Global wars increasing to such size and magnitude our whole Planet will be engulfed.
To fully understand this, especially if you’re an American, you have to remember the pivotal year of 1937 which saw the United States still in the grip of a nearly decade long economic depression set into motion by their historic October 1929 Stock Market Crash, and which up to that year Roosevelt, and all of the polices and laws he enacted, still failed to break.
....... ..............
continue link below......... ...... .......
Continue at http://www.whatdoesitmean.com/index1405.htm
All my blessings.
Deega