IMF a Central Bank, Fed a Hedge - Ron Paul predicts it again...Submitted by legalizeliberty on Thu, 12/01/2011 - 14:25
Wars and rumors of wars--when you hear that statement what do you think? I think guns, bombs military force and dead people...
But there's another war coming that can produce dead people, it's the currency war. I don't mean physically dead here, I'm talking about "dead in the water," -- an economic, financial end to the lifestyle we may have become accustomed to in the past.
Reuter's reports, on Wednesday, some of the top Central Banks got together in an effort to give cheaper dollar funding to banks in Europe at risk of completely failing, causing EU ministers to plead for assistance from the IMF in the form of a bail out.
The mighty eagle could also become handicapped and unable to soar if something doesn't change.
None other than Ron Paul has been warning of it for years when he said, "Believe me, the next step is a currency crisis because there will be a rejection of the dollar. The rejection of the dollar is a big, big event and then your personal liberties are going to be severely threatened."