The Chinese will follow shortly and gently.
This planned devaluation will be so smooth and slick, that few will see it coming.( You will hear "never happen", "the demand for the USD is too strong" etc. and that doesn't matter one wit. Devaluation of the USD is now G20 policy.And Abamas 30 shekels of betrayal silver are worth a 1 Trillion USD G20 injection as a last hurrah.)
All under a man who refuse to show the proof that he is a Natural Born Citizen which he is not and would null and void anything and everything that he has done including the G20. All because we have a weak Congress and Senate a weak Supreme Court, completely infiltrated Judicial system of liberal confusion governing our country.
6 posted on Sunday, April 05, 2009 5:41:20 AM by classified
Hi Candor7
Have you seen this article:
http://www.atimes.com/atimes/Global_Economy/KD03Dj02.html
I got the link at Lucianne. Don’t know if it’s posted here.
My question: Does this relate to 0’s deal with the Chinese? Could there be any benefit from the collapsing dollar to the bad paper these banks own. Are they betting that converting to an outside currency now, would allow them to pay off their debt, converting the foreign currency to devalued dollars once the collapse occurs?
This is just a notion, and I’m no economist, but I wonder.
I’m not sure how, if possible this would work.