Economy woes, MP's expenses, civil unrest. We are being whipped up into a frenzy to create a kind of peasants revolt. Why?
http://www.bworldonline.com/BW052509/content.php?id=145
This article had a turn of phrase that intrigued me.
Now the lisbon treaty is due to be ratified by the one remaining opposing country later this year, Ireland. The Czechs have already capitulated. So now what we need is the economy to plunge south again, S&P downgrading UK debt, a few big firms releasing gloomy figures should do the trick. Then the euro needs to be adopted as a reserve currency by someone already using the dollar, someone big needs to ditch the dollar. Russia ought to do it.
Russia ditched the dollar in January and switched to Euros. Discrete wasn't it?
The picture for the remainder of this year seems remarkably clear. Signoff of the Lisbon treaty, a President of Europe, another stock market collapse, and the Renmimbi introduced into the SDR.
Put that in your pipe Mr "Central-Scrutiniser" and smoke it. Global regulation beckons.
http://www.bworldonline.com/BW052509/content.php?id=145
This article had a turn of phrase that intrigued me.
The euro is probably the closest alternative to the dollar right now. The European Union is roughly the size of the US economy and it has the variety of products that the euro as world currency could purchase in the worst case where currency convertibility completely disappears. The downside to the euro as the global currency is the absence of a single, unified government over the whole area.
Russia ditched the dollar in January and switched to Euros. Discrete wasn't it?
The picture for the remainder of this year seems remarkably clear. Signoff of the Lisbon treaty, a President of Europe, another stock market collapse, and the Renmimbi introduced into the SDR.
Put that in your pipe Mr "Central-Scrutiniser" and smoke it. Global regulation beckons.
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