Harvard Professor reveals globalists are panic-stricken about Greece debt default threat to survival of single currency
Image: Wikipedia Commons
Paul Joseph Watson
Tuesday, June 7, 2011
A top Bilderberg member has revealed that globalists are panic-stricken about a potential eurozone crisis caused by a Greek debt default that could precipitate the collapse of the Euro and also derail the wider agenda for multi-regional currency unions and eventually a global currency system.
Appearing on the Alex Jones Show yesterday, veteran Bilderberg sleuth Jim Tucker said that the Euro will again be the subject of crisis talks at this years globalist confab in San Moritz, Switzerland, with power brokers desperate to rescue the single currency from a collapse that numerous financial analysts see on the horizon.
“They’re afraid of the Euro going down and afraid the Euro will simply disappear,” said Tucker, noting that several European countries’ intention to abandon nuclear power after the Fukushima disaster could cause a crisis for the single currency.
During last year’s Bilderberg conference in Sitges Spain, when the Euro was in free fall following the austerity riots in Greece, globalists were panicked that the single currency could face a total collapse.
Although the Euro has made significant gains against the crumbling US dollar over the past year, many financial analysts are still predicting that the single currency faces a massive crisis that will threaten its very existence. Indeed, just last month representatives of the European Commission held an emergency crisis meeting following reports that Greece was considering exiting the eurozone and creating its own currency.
The European Central Bank’s exposure to struggling European economies could send the ECB into bankruptcy, especially if Greece defaults on its debt which many see as a likely scenario. According to ratings agency Moody’s, “Greece is 50% likely to default on or restructure its debts in the next five years.”
Writing in the Financial Times, which is routinely represented at Bilderberg though refuses to report on the meeting, Bilderberg member and Harvard Professor Kenneth Rogoff reveals how elitists are deeply concerned that a “eurozone collapse” will derail the wider agenda for multi-regional currencies like the Amero, which would act as a unified currency under the North American Union.
“The euro experiment has also brought us to a crossroads in the whole international monetary system,” writes Rogoff. “Will our grandchildren inherit a world with a huge number of national currencies, or a very small number of multi-country currencies?”
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Bilderberg are so protective of the Euro because it is a powerful symbolic pillar of their agenda for global government. The Euro was also a brainchild of the Bilderberg Group itself, with Bilderberg-chairman Étienne Davignon admitting last year that the single currency was formulated by Bilderberg in the 1990’s.
Indeed, The foundations for the EU and ultimately the Euro single currency were laid by the secretive Bilderberg Group in the mid-1950’s. Bilderberg’s own leaked documents prove that the agenda to create a European common market and a single currency was formulated by Bilderberg in 1955.
As we first reported in 2003, a BBC investigative team were allowed to access Bilderberg files which confirmed that the EU and the Euro were the brainchild of Bilderberg.
Tucker also said that the globalists were intent on prolonging the recession until at least 2012 and also keeping gas prices high. They have resolved to level the globe economically, not by raising up poorer countries to western standards but lowering the standard of living in richer nations.
Tucker also noted how a theme that became apparent during the last two conferences has reared it head again, with Bilderberg furious at the fact that they are meeting more and more resistance from an increasing number of demonstrators and independent journalists throwing a spotlight on their get-togethers.
As we reported last year, an astounding exchange between two Bilderberg members overheard by London Guardian journalist Charlie Skelton revealed that the elitists saw people with income as “a threat” to their agenda, as they decried the fact that protesters could actually afford to travel to the different countries in which they meet every year.
Watch the full interview with Jim Tucker below.
Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a regular fill-in host for The Alex Jones Show.