A world currency moves nearer after Tim Geithner's slip (Does THE ONE Wants A One World Order??)
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03/26/2009 10:12:43 PM PDT · by Fred · 11 replies · 612+ views The Daily Telegraph ^ | 032509 | Ambrose Evans-Pritchard
US Treasury Secretary Tim Geithner confessed on Wednesday that he had not read the plans by China's central bank governor for a "super-sovereign reserve currency" run by the International Monetary Fund, but nevertheless let slip that Washington was "open" to the idea. Whoops. This is how matters quickly escalate in geo-finance. China's suggestion backed by Russia, Brazil, and India, and clearly aimed at breaking US dollar hegemony is making its way onto the agenda of the G20 Summit next week. 'Dollar-dämmerung' no longer looks so far-fetched. China's paper, by Governor Zhou Xiaochuan, is couched in understated language ...
New World Order Currency Due Soon Obama-Bush-Clinton Crime Family Syndicate Update
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Explosive Back Breaking News
by Tom Heneghan
International Intelligence Expert
Saturday April 18, 2009
CONSPIRATORIAL TRAITORS Against the American People
Daddy Bush, Obama, BushFRAUD and Clinton
Photo by Pool/Getty Images
UNITED STATES of America - It can now be reported that TRILLIONS of dollars of AIG (American International Group), Citibank and Goldman Sachs U.S. dollar counterparty derivatives are sitting in major Japanese and Chinese banks.
These derivatives, due in May, threaten to collapse the World currency market and, once again, jeopardize the entire World banking system.
Note: A counterparty U.S. dollar derivative is actually a bet made that benefits from the appreciation of the U.S. currency.
Almost all of RED China's current assets are dollar dominated.
The now bankrupt Federal Reserve, under the leadership of its former Chairman, sociopath and Bush-Clinton Crime Family Syndicate stooge, Alan Greenspan, guaranteed face value payment on these toxic assets, again, due in May of 2009.
We can now divulge that the Federal Reserve does not have the funds to pay off on these derivatives.
With Obambi having hijacked the presidency, absolutely nothing can be dismissed as "tinfoil stuff". Nothing.