Dollar Fall Is Catalyst For Predatory Global Government
Americans remain ignorant to 35% devaluation of their bank savings as skids are greased for introduction of Amero, North American Union
Paul Joseph Watson & Alex Jones
Prison Planet
Friday, December 1, 2006
As the dollar goes into free fall and the housing market accelerates in sales yet plunges in price, the quickening of an agenda of economic catastrophe allied to the “solution” of predatory globalism and the creation of a North American Union is afoot, and it spells potential disaster for the livelihood of all Americans.
Home prices have dropped 24% in the last year and most of that fall has happened in the last six months. The dollar has devalued around 35% against its level six years ago and is being trounced by the Euro and Sterling.
A false impression of a rosy economy is being spun with the rise of the stock market. Former fed chief Alan Greenspan’s doubling of the money supply and Bernanke’s promise that the money supply will be doubled again leads to only one outcome. Common sense tells us that a dollar sink is inevitable and if the housing market isn’t the place to put all these devalued dollars then that excess will chase the stock market. Taking into consideration the devalued dollar, the stock market is really at about 6,000 – not 12,000.
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Chieftains of industry and government like Dick Cheney, Bill Gates and Warren Buffet are trying to creep towards the door in their sell-off of the dollar because they hold so much greenback and wish to quietly cash out. That process is now accelerating and it now appears a mad scramble for the door is about to ensue, to the cost of hundreds of millions of American citizens who remain completely ignorant to the fact that their bank account savings have lost 35% of their value just sitting there since 2001.
[...] U.S. Dollar Lost 35% of Value [...]