Tuesday, September 8, 2009

UN wants new global currency to replace dollar

If the UN wants it then I am against it. Just another hint that we are in serious trouble. I don't want it to be but as I herd on the radio today the dollar is at a yearly low. Economists like Mr. Celente and Mr. Chapman have been harping about the collapse of the dollar for months. Gold and silver are going up and the dollar continues a mostly downward spiral. It doesn't look good.

The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War

In a radical report, the UN Conference on Trade and Development (UNCTAD) has said the system of currencies and capital rules which binds the world economy is not working properly, and was largely responsible for the financial and economic crises...

It would seem to me that the the responsibility in our economic problems is the knuckle heads running the show. Either they are complete idiots or they are doing it on purpose. I lean on the side of purposeful deception to attain a goal. That goal is not good for WE THE PEOPLE and our Freedoms and Liberties. Read the full article here from the Telegraph via Drudge Report.

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