Glenn Beck – Dollar Disaster Leading To One World Government?

From The Transcript – We’re spending ourself. Into oblivion there is going to be nothing left. I want to show you a video something that somebody sent to me last week it’s from CNBC. I don’t this guy at a I don’t know anything about this guy has been interviewed we did some checking on and give his bio here a second. He’s not crazy he may be wrong but he’s not crazy. He was on CNBC’s Asia Squawk Box I was dumbfounded by this interview because they post didn’t say hopefully put weight. What. I have never heard anyone on television say this before watch this.”

” Oil looks higher. Gold looks higher currencies look weaker all for the reasons that we talked about before he ended. You’ve got usual wage disparities. I don’t know how that inevitably resolves itself.”

” On it may resolve itself and Tom — a — of a global currency crisis. And then if the global currency crisis unfolds then inevitably you get. I guess an alignment under a global world government. I knew global currency bond and — new world order.”

” So. We may be moving towards that can talk a little more about this set records secret CCC. Erupting what does that humor about what’s gonna happen to the dollar. Well it assumes that dollar — get destroyed. And become virtually –”

” Again I can’t take it again take it well talk to be a little bit more about this currency crisis what does that do it. Bill I need it did not hearing wrong play just a little sniping didn’t what did you just say.”

” If the global currency crisis unfolds then inevitably you get. I guess an alignment under a global world government. I — global currency. And any new world order.”

” Good. The guest just said that the dollar would collapse and replaced with some sort of global currency I mean have you checked the front page of the drugs report today China’s saying. Hate America you really might wanna rethink that whole health care thing it seems pretty expensive. That is our bank that’s your bank calling up and saying hey by the way I think guys are spending too much money SF that’s a pretty big house. If this bank doesn’t give us anymore alone or we — this bank there’s nobody left. A one world government a new world order. And a host doesn’t even flinch apparently.

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Russia To Call For New World Currency At G20 Talks

Russia yesterday published its list of demands for upcoming discussions at the next G20 talks, and top of the list was a new “superreserve currency”. Angered by the dominance of the US dollar as the global reserve currency, the Kremlin said in a statement issued on its website that the IMF should look into the creation of an alternative “accepted by the whole of the international community”.

But according to ‘The Moscow Times’, the idea would receive little support outside of Russia. “This is all in the realm of fantasy,” said Sergei Perminov, chief strategist at Rye, Man and Gore. “There was a situation that resembled what they are talking about. It was called the gold standard, and it ended very badly.”

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Experts Warn Of Massive Dollar Collapse

Peter Schiff warns of imminent collapse of  the US dollar and dire days ahead for US.   Watch The Video

Bank of England policymaker Willem Buiter says Americans should prepare now.

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Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned.

The long-held assumption that US assets – particularly government bonds – are a safe haven will soon be overturned as investors lose their patience with the world’s biggest economy, according to Willem Buiter.

Professor Buiter, a former Monetary Policy Committee member who is now at the London School of Economics, said this increasing disenchantment would result in an exodus of foreign cash from the US.

The warning comes despite the dollar having strengthened significantly against other major currencies, including sterling and the euro, after hitting historic lows last year. It will reignite fears about the currency’s prospects, as well as sparking fears about the sustainability of President-Elect Barack Obama’s mooted plans for a Keynesian-style increase in public spending to pull the US out of recession.

Writing on his blog , Prof Buiter said: “There will, before long (my best guess is between two and five years from now) be a global dumping of US dollar assets, including US government assets. Old habits die hard. The US dollar and US Treasury bills and bonds are still viewed as a safe haven by many. But learning takes place.”

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