Daily Archives

24 March 2009

Are you ready for the New World Order?

(I wish that said “New Order.” I am most definitely ready for them.)

“In this economy,” some strange things are happening to global finance and our domestic banking systems. I’ve actually taken quite a bit of interest in economic happenings – even leading me to buy and read an issue of The Economist, which I’m sure will delight Andy to no end.

So, hot on the heels of the Rolling Stone article that has me ready to sink $1000 into gold coins as opposed to my savings account, I found this piece from The Raw Story:

China’s top banker proposes new world reserve currency

The article’s author, Stephen Webster, seems set on downplaying the significance of this move, even after Moscow also pledged support for the same move as we get closer to the G20 summit. However, I find it weird that this is now the fourth time I’ve heard mention of the same global currency thinking in a two week period.

I’m not necessarily scared of a single, global currency but I do worry that the people who will be controlling it are going to be the same third-world debt peddlers as those running the World Bank, IMF, etc.