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Financial crisis reshapes world order
- Text size
David R. Sands
Washington Times
October 12, 2008
As shell-shocked central bankers and finance ministers gather in Washington to confront the world’s financial meltdown this weekend, that grinding noise in the background is the sound of the global balance of power shifting.
- A d v e r t i s e m e n t
In sharp contrast to past crises — from the Latin American debt problems of the 1980s to the Asian and Russian currency collapses of the 1990s — the emerging markets of the developing world boast the strong balance sheets and deep financial pockets while the United States and Western Europe lurch from crisis to crisis.
Associated Press ‘INTERCONNECTED’: President Bush met with (from left) Jean-Claude Juncker of Eurogroup, Shoichi Nakagawa of Japan, Condoleezza Rice, Henry M. Paulson Jr., Christine Lagarde of France and James M. Flaherty of Canada.
“In a very bizarre way, roles have been reversed in the global economy,” said Alex Patelis, head of international economics at Merrill Lynch. “The typical troublemakers of the global economy, the emerging markets, are actually now the world’s creditors.
“We do need a new world financial order, and we will probably get one as a side effect of this crisis,” he said.
Treasury Secretary Henry M. Paulson Jr. gave a clear signal of the new pecking order last week on the sidelines of the annual Washington meetings of the World Bank and the International Monetary Fund (IMF).
With world financial markets reeling, Mr. Paulson said, he was following up an emergency meeting Friday of finance ministers from the traditional Group of Seven industrial powers — Britain, France, Canada, Germany, Japan, Italy and the United States — with a larger gathering Saturday of the so-called Group of 20, which includes China, India, Russia and Brazil.
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October 12th, 2008 at 12:38 pm
CLick on the link to watch some ron paul videos
wiseone Reply:
March 3rd, 2009 at 9:36 pm
you people are all fucking morons.
October 12th, 2008 at 12:49 pm
You know the Bilderberg scum will be wanting input into these proceedings.
October 12th, 2008 at 12:55 pm
If the global consumer markets crunch there will be a decline in commodity prices.
October 12th, 2008 at 1:30 pm
I’m pulling my money out of the bank for good. The NWO is rising and they aren’t taking my money!
Tanjiwah Reply:
March 9th, 2009 at 8:41 am
Pulling your money wont make any difference you need to think of something that you can invest it in like ounces of gold because the dollar will keep dropping until its worth nothing
October 12th, 2008 at 1:50 pm
“As shell-shocked central bankers and finance ministers gather in Washington to confront the world’s financial meltdown this weekend, that grinding noise in the background is the sound of the global balance of power shifting”
I understand the article but it’s writer is completely stupid. First off the CFR wrote articles in 05 saying they have a 5 year plan for world order, which included shifting the balance of power over to eastern continents. It made mentions of stripping America (esp its citizens) of any kind of wealth, property, or power they might have and then basically wait for depseration to appear and then offer a unifying currency (combining our economy with other nations around the world) to finally strip the US of sovereignty and independence so that they may finalize world government. The central bankers are not “shell shocked” this event has been planned for years now. I got a hold of that article mid 06 and knew this would go down at least by the beginning of 09′. So am I hurting now because of what is going on… no because I prepared for it. Hopefully some of you here did the same with all the warnings you have had from others like me who warned people during the entire year of 07′. Good luck and hopefully you paid attention and took the proper steps.
October 12th, 2008 at 2:43 pm
In the Qur’an it states (not in exact words that anything with interest Allah will put a huge wrath on it.most of wall street is interest bearing.
research how islamically loans are given
in most ways its not living above ones means
and the money that one has borrowed is invested there is no interest
everyone makes out
theres more to it taht I dont know but i do know this
one can achieve what they need in life through these type of loans
get what i said “NEED”
not waht you want
again, also RON PAULS ways must be listened to
I hope if obama is elected or CHUCK BALDWIN (that is whom RON PAUL endorses) folllows some of rons principles
October 12th, 2008 at 2:52 pm
This is a major shift in the economic structuring of the world,
Plain and simple its out of everyones hands. Humans were instructed not to charge interest on money. The effect of interest bearing capital is the eventual shut down of all economic markets. God warned the people, but the Jews and the bankers saw the prospects for gain. In the end nobody gets nothin. Back we go to Jungle Law. The original law of the land. Tribal people learn to interpret right and wickedness as a natural course of the runnings. No Appeals, quick trials. The ride is now getting interesting, Hang on to your hats! Congress hang on to your heads!
Love to all MCB
October 12th, 2008 at 2:53 pm
We all know that the United States declared bankruptcy in the 1930 era at the Geneva Conventions, where many of the aforementioned countries declared bankruptcy. Therefore, we at that point in time became an owned entity of the evil bankers.
They are forming the North American Union. The military being placed strategically throughout the U.S. is not there for your so-called Martial Law scenario. They are there for when, as Henry Paulson has called for unity of the global financial systems to “help” solve this global problem, they will soon follow with the announcement of how we the people need to join together with our neighbors to solve this so-called crisis.
When they make that announcement, they are well aware that Americans will not be so willing to give away their country, their beliefs, their futures, and therefore will resist. When the resistance is recognized, it will be swiftly quashed. That’s why there is military here, ready to react.
There will never be a more called upon time for all the people to act. if we don’t act, and act quickly, we will be the North American Union, and we will have a new currency called the Amero.
This is a venture this country has only read about in history, and now today as we chat here, this awful scenario is happening in fast track time. History is teaching us that we should have learned from our forefathers and acted to keep our republic. We didn’t learn, at least not enough of us, and now the predictions of our forefathers have come to pass, and we will suffer at the hands of the few elites, they tried so hard to warn us about.
Hopefully, we can get through the terrible times ahead, and may our children forgive us for our weakness to not fight , but instead spend ourselves into slavery to the bankers we were told would do this to us.
October 12th, 2008 at 3:13 pm
The Gimp and the Goblin
Goldfinger Brown’s £2 billion blunder – 15th April 2007 – Sold UK Gold Reserves on the cheap without permission… just so the Goblin could have breakfast….
Europaische Wirtschaftsgemeinschaft 1942 Propaganda Loves You….
http://www.thespiritofjefferson.com
October 12th, 2008 at 4:07 pm
I have thought alot about what we can do and after seeing a few more FEMA camp videos I have come up with the answer and it is this: When the camps start filling up it is our duty to destroy them and all their facilitators(Blackwater-they are privatized and that’s why all the vans and helicoptors are black). The camps should be the rallying points. Do not allow the black vans full of citizens to enter the camps. Free the citizens and destroy every one of them. And if you hear a helicoptor landing in your neighborhood in the middle of the night go out there and fill that bitch with holes and light it on fire. There are not enough US troops to round up everyone. I’m convinced the roundups will be done by blackwater goons. They should be the primary targets as they are paid mercenaries willing to bring death to any and/or all of us. So let’s just start there and regroup after the react to contact begins. If you live near what you suspect is a FEMA camp, organize your battle groups and form contingency plans. Build secret fortified bunkers all around them under cover of darkness. Learn the surrounding terrain. Be vigilante. They can’t kill ALL of us. Remember, all we say is tracked and traced so only with people you personally know, and ALL communications should be done in person only. Imagine what will happen when they start trying to put people in the camps and all across the nation patriots wipe these fucking camps out and kill all the blackies. I feel SOOOO much better already just even thinking about this. We owe our fellow brothers and sisters this commitment of protection. DOWN WITH THE CAMPS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Godspeed
October 12th, 2008 at 5:37 pm
I think it will also be imperative to take over as many television and radio stations as possible, without a proper source of telling the real situation, all our actions will be spun by the controlled media, causing the rest of the American people to look to us as traitors and terrorists. When the fight comes, we don’t need to have to fight our fellow citizens because they are still being brainwashed into going against the very people who are trying to protect them. It is also important that when performing an operation, to only talk to the people who are physically carrying it out with you, and those people you should trust with your life, because if they infiltrators, your life is what they will give to the enemy. The less info shared the better off we will be, people will be captured and tortured, so the little they know the better for the resistance. Don’t let torture scare you, that is what it is meant to do, just remember they will kill you anyways, so by not talking you are saving the lives of the rest of human kind.
October 12th, 2008 at 6:44 pm
Your avoiding the energy crises. Jones wake up your audience.
Cheap oil decline, 1971-2011 Republic of the United States.
Martial law is for the Mexicans that will poor over into your country around 2008-2012.
Mexico peaked in 2004.
President Bush knows well about this, since August 2000, Matt Simmons.
David Strahan – Last Oil Shock http://www.lastoilshock.com
Colin Campbell – Non profit guy
Richard Heinberg
Do your research.
October 12th, 2008 at 7:27 pm
Mike Huckabee, interviewing Chuck Norris, discussed “economic terrorism” on his TV show aired on FOX News.
What he seems to be oblivious to is the fact that this terrorism comes from CFR, Bilderberg, etc., NWO global front and NOT from some Islamic boogey-man.
October 12th, 2008 at 7:53 pm
Shell shocked! hah I love that. You know what the illuminati are? Gambling addicts. They always think “just one more hand” & they always crap out. Well, the problem for them is that we are the loan sharks & you know what loan sharks do? Break kneecaps & pour cement boots. It’s not going to matter that the Rothchilds hold half the worlds wealth if their banks owe 3 times that. How they going to pay their goons when there’s no such thing as payrolls? Who’s going to feed their armies when there are no trucks trucking their gmo foods that arent being gathered on their industrial farms that aren’t being farmed no more? How they going to run all those death machines when theirs no more oil to run them? The military industrial complex is in just as much trouble as the rest of the world. I love it. The Fed itself is about to go under. that means the 12 international banks owned by the illuminati are too. How rich! Well, you reap what you sow!
October 12th, 2008 at 8:43 pm
why do you fear? We will perish when it is our time. Living in fear and all the negativities results from lack of knowledge. We all will die once breath ceases. I see it now. Evil vs Good complement eachother in this process of creation. I no longer feel hatred for the NWO and their conspirators. I no longer care, all will come to pass. The evil beings depend on our lifeforce, from destruction something new is born. The evil allows us to see what is meaningful. One soul that chooses evil rather than living a life of good, does not mean this individual is unworthy. He only choose that way of life, for his love for the material world. His hatred and greed creates the obstacles in our life so that we can transcend them. You will be destroyed or you will conquer.
God is the good and the evil. The evil beings can not exist without his permission. They are dependent as well as the good. Their is nothing more.
They can put me in jail, try to destroy me. But even this does not matter. They can kill me, but even this will only liberate me. As long as I hold no hatred, I can not be touched. I am untouchable. So take everything away from, and to those gov’t agents aware of me, it does not matter. I know what will come to pass, and I know the path they wish to push me into. I hold nothing, and I leave with nothing. I know they have plans for me. It will be one of extreme suffering. They are my liberators.
October 12th, 2008 at 9:01 pm
IMF.. International Monetary Fraud right?
October 12th, 2008 at 9:52 pm
AFTER THE CONSTITUTION WAS RATIFIED IT WAS NEVER MEANT FOR ANYBODY NOT EVEN A NEW PRESIDENT TO MAKE A NEW LAW OR TAKE 1 AWAY FROM THE CONSTITUTION.THE CONSTITUTION IS ALL WHAT WAS NEEDED FOR US AS AMERICANS TO THRIVE.ONCE THE SHERIFF’S WERE CREATED AND P.D’S THAT WAS WHEN THE CONSTITUTION WAS DESTROYED.ITS BEEN ABOUT 150 YRS SINCE THEN AND LOOK WHERE WERE @.IF YOU PEOPLE READING THIS DONT GROW A PAIR.YOU WILL FIND YOURSELF IN A FEMA CAMP.CREATE A GANG AND DO WHATS NEEDED IN YOUR OWN NEIGHBORHOODS.THAN SPREAD FROM DISTRICT TO DISTRICT WITH ONLY UNITY OF THE PEOPLE,NOT A BADGE!!! T.A.C.A-(THE AMERICAN CITIZENS ARMY).EVER HEARD OF THE MICHIGAN MILITIA???WHY DO YOU THINK THEIR STATE HAS BEEN STRIPPED OF JOBS.ITS BECAUSE THEY HAVE THERE OWN ARMY THAT’S BEEN TRAINING SINCE THE LATE 80′S EARLY 90′S.NOW ASK YOURSELF DOES YOUR STATE HAVE SUCH A ARMY WHICH YOU DONT HAVE TO BE APART OF THE DOCUMENTED MILITARY?YOU’LL PROBABLY SAY NO OR YOU DONT KNOW.IF THATS THE CASE START RECRUITING AND START RESISTING.TOWARDS THE END OF THIS YEAR AND EARLY NEXT YEAR IF YOU HAVEN’T DONE SO,I GUARANTEE YOU’LL REGRET IT.WAKE UP AND HEED MY WARNING!!!!!!!!
October 12th, 2008 at 9:58 pm
Listening to Alex today(Sunday) I get something I’ve been missing. There is a reason Obama won’t show his birth certificate AND why the media is pointing in the obvious misdirection (McCain and the she-Bush). This is part of that ‘code’ by the PTB, where you have to submit willingly (or they will make you submit willingly!). Obama will be elected, THEN they will prove he’s not a citizen. We will willingly have to give up the constitution in order to keep him as the president. Do you see how many followers he has!? I believe these people will give up the constitution to keep him and not even realizing they were manipulated into doing so. Even if there is not enough of them to carry this out, they will manipulate the media into saying this is what the public wants.
Do you realize how serious this move would be? They HAVE to get this done in order to bring about their plans. In the end they will give it to McCain, let his bad health ‘take him’ and let the She-Bush birth in the new world order (don’t know if you know this little piece of info; but it has to be a female to birth ‘it’ in). I hope people will wake up to this before it’s too late.
October 13th, 2008 at 7:22 am
That pic should be captioned “Financial Crisis Rapes The World”. It fits a lot closer to what the real scenario is like. Kashkarri, the go fetch it for Paulson Goldman STARGATE “wizard” at Treasury implementing TARP is blathering on and on. Keep talking biyaatch, THE AMERICAN PEOPLE SHOULD KNOW WHILE THIS ALIEN SPEAKS 90 PERCENT OF THE BANKS IN THE US ARE NOT LENDING TO PEOPLE TO ENABLE THEM TO BUY HOMES. THE FIRST PRIORITY IS TO ALLOW PEOPLE TO RENEGOTIATE THEIR MORTGAGES ON THE VERGE OF FORECLOSURE, AT A NEW ADJUSTED EQUITY TOTAL. THAT TARP SHOULD BE DIRECTED TO HELPING HOMEOWNERS NOT THE BANKS THE LURED THEM, FOOLED THEM, SPECULATED ON THEIR ASSETS AND MADE A FORTUNE ON DERIVATIVES AND NOW DEEM THEMSELVES WORTHY OF A TRILLION DOLLAR PLUS BAILOUT. AFTER THAT THE MARKETS WILL START TO FREE UP FOR ADDITIONAL LENDING WITH SOLID ASSET MANAGEMENT. KASHKARRI ANOTHER TOOL WORKING IN THE INTEREST OF VERY SMALL GROUP BETTER KNOWN AS……….YOU KNOW WHAT.
October 13th, 2008 at 9:01 am
We Must End the Fed NOW! If you want to see an awesome Chuck Baldwin speech go to : http://www.jbs.org/index.php/a.....nniversary He doesn’t want a theocracy, he wants a Constitutional government. There’s also an excellent Ron Paul speech.
October 14th, 2008 at 11:25 am
.This has been going on for over 100 years… They just don’t have to hide it now.
Read: And READ the whole damn story..research… this is nothing new…
This is not “robbery” when the finaciers have control of the GVT… They demand.. GVT responds.
http://en.wikipedia.org/wiki/Business_Plot
DISBURSE WIDELY..Maybe they will beleive it when they read it in the Congressional records and media
October 14th, 2008 at 12:41 pm
“If you’re not with us…….You are with the Terrorists! George W. Bush
So this is how he plans to become the Global saviour… kill the world financially and come up with a Global strategy to control ALL the worlds finances through a Global Currency… Damn!!!! Why Didn’t I think of that!!! I feel so……..sub-human compared to Bush and his Global rulers.
October 14th, 2008 at 11:17 pm
Did You know, that in the complete history of the DOW eight out of ten top peaks occured during the early years of the Great Depression?
#3 was the day after the great kickoff crash of 1929. What? the majority of the best DOW peaks occured during the great depression? What?
The DOW is not exactly the best indicator of where we are. We know where we are, and once the bailout money hits the banker boyz, game gets tough.
Best Days of the Dow (% Gain)
1 15.3% March 15, 1933
2 14.9% October 6, 1931
3 12.3% October 30, 1929
4 11.1% October 13, 2008
5 10.1% October 21, 1987
6 9.5% August 3, 1932
7 9.5% February 11, 1932
8 9.4% November 14, 1929
9 9.4% December 18, 1931
10 9.2% February 13, 1932