Two years recession, or ten years of hell?
F. William Engdahl: US economy has been hollowed out over the last 15 years and debt load is staggering
F. William Engdahl: US economy has been hollowed out over the last 15 years and debt load is staggering
Globalists exploit financial crisis to pose as saviors and achieve new world economic order
Paul Joseph Watson
Prison Planet.com
Friday, February 27, 2009
Head of market analysis for Schneider Foreign Exchange Stephen Gallo told CNBC yesterday that the financial crisis will lead to the creation of a global central bank and a global single currency within 15 years, echoing the call of top globalists who have exploited the problems they created to push for a new world financial order.
Highlighting the significance of the introduction of the Euro, Gallo said that the single currency was “where we are headed globally on a monetary basis over the course of the next 10 to 15 years.”
View CNBC clip below:
Stating that one of the things that caused the financial crisis was an over expansion of the money supply on a global basis, Gallo said, “Over the course of the next couple of decades central banks are going to need to pay more attention to what’s going on with the global money supply rather than the money supply just in their own borders,” a necessity that, “might call into question the need for some kind of global central bank or a global central bank that’s united by central banks for bigger monetary areas underneath that global central bank.”