The total collapse of the G20 means the global economy is doomed.
The total debt owed by the US alone is around 1 trillion dollars - so 1 trillion dollars is a joke.
The arabs have lost 2.5 trillion dollars alone !
http://www.breitbart.com/article.php?id=CNG.21a790b26de73c80e4048954b0b52ce9.9d1&show_article=1
No new global reserve currency was created to replace the doomed dollar so this means the dollar is doomed and with it the global economic system.
Prepare for the collapse people - the financial apocalypse is now here.
Printing more fake dollars to save existing fake dollars is the economics of the madhouse.
The fundamental basis of economics is simply ' YOU CANNOT BORROW YOUR WAY OUT OF DEBT '.
The dollar is dead and with it globalism.
If the Russians and Chinese and Iran agree to create a new reserve currency to replace the dollar and set up a new oil bourse via Iran / Venezuala/ Brazil etc then the dollar and America will collapse into civil war.
Friday 3 April 2009
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