CNBC - Dollar Will be Utterly Destroyed, Global Currency, New World Order... Video

Friday, 6 Nov 2009 - The dollar will get "utterly destroyed" and become "virtually worthless", said Damon Vickers, chief investment officer of Nine Points Capital Partners. Due to the huge wage disparities between the United States and emerging markets like China, Vickers said that may resolve itself in some type of a global currency crisis.

"If the global currency crisis unfolds, then inevitably you get an alignment of a global world government. A new global currency and a new world order, so we may be moving towards that," he said.

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Luigi84289: wrong word there. That is what is destroying it. Spending all the money for all those conquered nations. The current US is an empire. Otherwise there would be no need of military bases to "keep the peace". We'd have missionaries and use exports.

elboertjie: Not really 'power' per sé, but rather being a bully.

kphett: As a matter of fact, yes. Or their just drinking the gov'ts "kool-aid" waiting for Obama to make everything right with the world.. problem is he is nothing but a wolf in sheeps clothing metaphorically speaking...

goodtimesinknox: Death of Dollar is ushering in the New World Order. Don't let the Repubs or the Dems lie to you cause they are! Resist this eugenic scum. Watch at 1:35 when the report asking him whats going to happen to the dollar the expert says it's finish worth nothing the report laughs it sickens me wake up people.......

visionvictory: this guy did great :)

EMPIRE0FLIES: "Promises and pretty paper" just about sums it up.

lostinthemix: Yes, im well aware that CNBC is a parade of propaganda, Santelli is the only one that might have a clue though.

chiyerano: Hmm, pretty paper. Funny.

BradNC11175: Death to the N.W.O.

Limeisback2012: This guy is a brainwashed asshole.

4GooMan: All this nonsense with international bankers would have precious little bearing on Americans were we not so deeply in debt. Repudiate the debt and start over. The alternative is slavery and permanent poverty.

joelb79: This guy is lying about resources. The US has more oil reserves than all countries in the world. The reasons why this is not being talked about nor released onto the market is because TPTB want to bring about the world government, rather than continues national and individual sovereignty that we have now.

mrbhave: I'm afraid we're already at the point of debt slavery and permanent poverty. Think about this: if the government only spent money on NECESSARY stuff, we might only have to work four days per week (or even three). But because we're allowing the private FED to print money and charge us interest on that money (the duty with which the Constitution empowered Congress to perform, and interest-free), we're indebted to the ruthless banksters of the FED. And for what?

4GooMan: mrbhave: I am not defending the FED. But if we didn't have absurd levels of personal, business, corporate and government debt, neither the FED nor the banksters would have any hold on us. The Weimar Republic is becoming the model to follow out of this, or surrender to the NWO.

mrbhave: Oh, I agree. It's a neurotic monetary policy held by many, known as consumerism. The concept of spending "more than our asses can cash" is going to be to the detriment of us all.

4GooMan: mrbhave: Keynesian economics was embraced by FDR. Consumerism was promoted after WWII, especially from the mid 50s on. I was concerned that Bush promoted consumer spending rather than developing export ability to escape the small Clinton recession. But here we are. There is no way possible to even pay the interest on our debt. And the foreign creditors are beginning to want collateral. A collapse would wake up the spenders and "nanny state" folks. And deliver us from foreign control.

mrbhave: Agreed. We'll need an economic "911" to wake up most of the sheep. Let's hope by then it's not too late to recover.

Elysiumboy1: "They export real things" says it all really. This is where Britain is right now also. Although, right enough, I think we do still sell our recycled s**t abroad to poorer countries.

nanocalp: STOP THE NWO WE GOTTA DO SOMTIN before its too late... FUCK¿!?

aiursrage: I like how he says at 3:08 "the western economies, the united states, Europe, Canada they dont have resources neither does alot of Asia" 3:22 "The currencies that have resources, the Brazil, the Canada, Australia there currencies are all doing well"...

DocBrewster: what does collateral mean? Is it different to collateral damage? (Im serious - i dont know what the word means) thanks

4GooMan: Doc: Collateral is what backs a loan. If you have a mortgage, your house is the collateral. You don't pay, the house is taken by the lender. Our currency and instruments of debt have no collateral. Many buyers of our debt are having serious doubts about our ability to repay. Hence the rumblings about collateral. PrezBO could pledge the National Parks, the Interstate system, the TVA, Bonneville, etc. If we couldn't service the debt, the Chinese(or whoever lends the money) would own the asset

mallamoozoo: YEah I thougyt zo but how does that fit with 'colatteral damage"? Completely different meaning obviously? Language is strange sometimes. PS whats the worth of Bonneville? Salt?

4GooMan: Mallamoozoo: In my dictionary, the second meaning of collateral has to do with the accompanying damge; the fifth meaning the financial aspect. I haven't a clue of the origin of either and the apparent disconnect, and I'm too lazy too find out. The (Federal) Bonneville Power Administration owns and manages hydroelectric installations on the Columbia River. Created during the Depression, it dwarfs the TVA in kilowatts produced.

rosewood223: U know?

Author: robpatozz; Uploaded: Nov 9, 2009; Duration: 3:52; Views: 2069

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