China and others, one person has said it is the most important meeting of the
21st century.
The U.S. asked to attend to observe, but was denied admittance. Why did they do that? Are they discussing the getting rid of the dollar and making agreements with each other?
Interesting enough Russia had come out saying they were happy with the dollar just 2 days ago, as the dollar was in decline on the index, as I posted about. But did they do that to dump them in the next few days - doing it that fast?
For those who think the U.S. will stay standing, are ignoring what is happening. People need to stop being blind to what is actually happening behind the scenes and our MSM does not report, including this huge meeting between the largest nations that the U.S. wasn't allowed in.
Right now, they can come out and let the U.S. fall on it's face, though I think they will not do it so fast, they are planning how to protect themselves and how to get rid of their dollars while there is still strength in it.
link to article: http://www.truthdig.com/report/print/20090614_the_american_empire_is_bankrupt/
There are meetings
being held Monday and Tuesday in Yekaterinburg, Russia, (formerly
Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry
Medvedev
and other top officials of the six-nation Shanghai Cooperation
Organization. The
United States, which asked to attend, was denied
admittance. Watch what happens
there carefully. The gathering is, in the
words of economist Michael Hudson,
“the most
important meeting of the 21st century so far.”
It is the first
formal step
by our major trading partners to replace the dollar as the
world’s reserve
currency. If they succeed, the dollar will dramatically
plummet in value, the
cost of imports, including oil, will skyrocket,
interest rates will climb and
jobs will hemorrhage at a rate that will make
the last few months look like boom
times. State and federal services will be
reduced or shut down for lack of
funds. The United States will begin to
resemble the Weimar Republic or Zimbabwe.
Obama, endowed by many with the
qualities of a savior, will suddenly look
pitiful, inept and weak. And the
rage that has kindled a handful of shootings
and hate crimes in the past few
weeks will engulf vast segments of a
disenfranchised and bewildered working
and middle class. The people of this
class will demand vengeance, radical
change, order and moral renewal, which an
array of proto-fascists, from the
Christian right to the goons who disseminate
hate talk on Fox News, will
assure the country they will impose.The U.S. people need to get smart and understand, we are no longer the leaders of the world, the other countries now have the upper hand and are able to control our future. Our future was squandered away by our politicians, by printing the amount of money that has been and continues to be printed, and all the other countries who hold our debt.
Update:
http://www.foxnews.com/story/0,2933,526541,00.html
Russia came out of meeting, saying the world does need another trading currency other than the U.S. dollar. They sure do keep saying different things. Is this why the dollar index is declining today and gold is going back up once again?
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