Monday, January 28, 2008

This Week On Wall Street: Dollar Collapsing!

Dear Readers,

Please visit Dollarcollapse.com NOW.

Our financial crisis is just getting started, and you need the straight dope in order to make intellegent investment decisions.

So stop by, read up, and take action as needed.

Also, add Venezuela and allies to the list of countries considering a Dollar Dump!

From Yahoo Finance:

Chavez Urges Withdrawals From U.S. Banks
Sunday January 27, 1:08 am ET
By Ian James, Associated Press Writer

Chavez Urges Latin American Allies to Begin Withdrawing Billions of Dollars From US Banks

CARACAS, Venezuela (AP) -- Venezuelan President Hugo Chavez urged his Latin American allies on Saturday to begin withdrawing billions of dollars in international reserves from U.S. banks, warning of a looming U.S. economic crisis.

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Chavez made the suggestion as he hosted a summit aimed at boosting Latin American integration and countering U.S. influence.

"We should start to bring our reserves here," Chavez said. "Why does that money have to be in the north? ... You can't put all your eggs in one basket."

To help pool resources within the region, Chavez and other leaders launched a new development bank at the summit of the Bolivarian Alternative for the Nations of Our America, or ALBA.

The left-leaning regional trade alliance supported by Chavez is intended to offer an alternative, socialist path to integration while snubbing U.S.-backed free-trade deals.

Chavez noted that Secretary of State Condoleezza Rice visited Colombia in recent days, saying "that has to do with this summit."

"The empire doesn't accept alternatives," Chavez told the gathering, attended by the presidents of Bolivia and Nicaragua, Cuban Vice President Carlos Lage, and other leaders...



Well, Mr. Chavez has a point there.

We all know what happened to Iraq when Saddam Hussein switched over from dollars to euros...

In any event,

Visit Dollarcollapse.com.

Events are moving now, and I think that we will know for sure THIS YEAR if the Sun has truly set on the American financial empire.

It doesn't look good.

Togakure.

2 comments:

Anonymous said...

I noticed something interesting: a few weeks ago I read about the UN warning of a global recession. Today I read about George Soros(financier of the October 2007 founded ECFR (european CFR)) warning about the worst recession etc for example: http://www.thetruthseeker.co.uk/article.asp?ID=7912

Seems like the globalist are now setting themselves up to be the "prophets" of the comming global collapse.....and of course they gonna have the solution to the reaction of the sheeple after the collapse!

Kirigakure said...

And whatever solution they propose... methinks that the Sheeple won't like it too much!