The former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency. Lin, who is also a professor at Peking University, says that the U.S. dollar “is the root cause of global financial and economic crises” and that moving to a “global super-currency” will bring much needed stability to the global financial system. And considering how recklessly the Federal Reserve has been pumping money into the global financial system and how recklessly the U.S. government has been going into debt, it is hard to argue with his logic. Why would anyone want to trust the United States to continue to run things after how badly we have abused our position? The United States has greatly benefited from having the de facto reserve currency of the planet for the past several decades, but now that era is coming to an end. In fact, the central bank of China has already announced that it will no longer be stockpiling more U.S. dollars. The rest of the world is getting tired of playing our game. Our debt is wildly out of control and we are creating money as if there was no tomorrow. As the rest of the world starts moving away from the U.S. dollar, global power is going to shift even more to the East, and that is going to have very serious consequences for ordinary Americans. (Read More...)
World Bank
The Elite Believe That You Are Ruining Their Planet And They Want You To Stop Reproducing
Today, there are more than 7 billion people living on earth. For the global elite, that is problem number one. The vast majority of us don’t spend much time thinking about global population issues, but for many among the elite it is an absolute obsession. Many of them truly believe that you are ruining their planet and they desperately want you to stop reproducing so much. Among the elite, the belief that the world is grossly overpopulated and that this is causing most of our major global problems crosses all political, cultural and social boundaries. This philosophy is taught as gospel at the vast majority of all colleges and universities on the planet, and it is being relentlessly pushed by the United Nations, the WHO, the World Bank and national governments all over the globe. When most people think of “overpopulation”, they think of places such as India, but the truth is that those of us living in America are considered to be the worst offenders because our lifestyles are “polluting” the planet so rapidly. In fact, one scientist recently estimated that a child born in the United States has a “carbon legacy” 55 times greater than a child born in India. The elite are convinced that if they can reduce the global population far enough and get the remaining people living on earth to switch over to “sustainable lifestyles” that they will be able to save “their” planet. But the draconian measures that would be necessary to achieve this dystopian dream would not be very palatable to the vast majority of us. In fact, if the most radical population control advocates get their way, we will experience global tyranny on a scale never seen before. (Read More...)
How Globalism Has Destroyed Our Jobs, Businesses And National Wealth In 10 Easy Steps
As most Americans stand around waiting for the U.S. economy to return to “normal”, there is a never ending parade of jobs, businesses and wealth heading out of the United States. The jobs and businesses that are leaving are gone for good and will not be coming back. This is causing unemployment to soar and government debt to skyrocket but our politicians are doing nothing about it. Instead, politicians from both parties keep insisting that they will solve all of our problems if we will just give them our votes. Meanwhile, American families continue to fill up their shopping carts with cheap plastic crap made on the other side of the world. Globalism is slowly destroying the greatest economic machine that the world has ever seen and most Americans don’t even realize it. Today, the U.S. government has surrendered massive amounts of economic sovereignty to global organizations such as the WTO, the IMF and the World Bank. The United States has also entered into a whole host of very damaging “free trade agreements” such as NAFTA that are costing our economy huge numbers of jobs. Our politicians always promised us that globalism would bring us to a new level of prosperity, but instead that “giant sucking sound” that you hear is the sound of the U.S. economy being hollowed out. (Read More...)