Dollar 1/2 Euro Posted by on 27-Jan-2005 - Day(s) left: Expired
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With its enormous debt, the US currency will collapse the day all oil producing countries began trading in Euro. There will be a huge sell off of dollars and China will call part of its 120 billion dollars of US debt. This will be catastrophic for the United States and also for other countries including China itself. This prediction is only for the beginning, in the first days of 2008, one euro will buy two dollars.
There are several reasons for believing that Saudi Arabia has consented to underwrite a part of the Federal Debt. The quid pro quo is that the price of oil will remain at around $50. The Saudis may have prevented a meltdown of the fiat monetary system planned by the international/Zionist bankers. Don't believe me? Greenspan held the biggest bond sale in history in July 2003, knowing full well that not a bond would be sold. Unfortunately, the Bush adminstration will us the money to finance its faltering Third World War, which was described as 'inevitable' by an Israeli government spokesmen when it began a few years back. Jews are usually the first to know about upcoming world wars... Incidentally Greenspan brought down Bush senior merely because GHWB had tried to get the settlers out of the West Bank.
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