A global currency is being proposed. NWO in high gear!
Kazakh president
“In our view, we must create a single world currency under the aegis of the United Nations,” Nazarbayev said on Tuesday, a day before a major economic conference opens in his Central Asian country.
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More support for GLOBAL Currency
New material on site:
16 March 2009. Nobel Laureate Robert Mundell supports Nazarbayev’s call for a single global currency. See Articles – non-academic”.
14 March 2009. President Nazarbayev of Kazakhstan has called for a Single Global Currency as part of the solution to the global financial turmoil. See Articles – non-academic”.
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US Needs To Be More Open-minded And Humble In Tackling Financial Crisis–
By: Ramjit
KUALA LUMPUR, March 18 (Bernama) — The United States should be more open-minded and humble in dealing with the current financial crisis and start by emulating Asean’s way, which has been proven to be successful, CIMB Group chief executive, Datuk Seri Nazir Razak said today.
He said this could be done by studying models such as Malaysia’s Danaharta and the Indonesian Bank Restructuring Agency (IBRA).
In fact, he said the US should be inviting former Prime Minister Tun Dr Mahatir Mohamed or Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz to advise on the best way to deal with the present difficulties.
“I would argue that there hasn’t been enough humility and open-mindedness in trying to solve the crisis,” Nazir said in his speech at the CIMB Private Banking Investment Conference here.
He said the country was bracing itself for a long road to recovery as of now because the global banking crisis hasn’t been fixed though the economic downturn is already quite severe.
“Why is the US studying the Swedish “bad bank” model when Asean’s Danaharta and IBRA are the most recent success stories? Also, why is there such hesitation in looking to Islamic finance as a model for the new global financial architecture?”
“Why aren’t they inviting Dr. Mahathir or Zeti to advise them and why did the US criticise Chinese economic policies when China is its biggest lender?” he noted.
He said until there was more humility and willingness to absorb all ideas and views, the antidote for the financial crisis might remain sub-optimal.
Sadly, he added, the brutality of the crisis was such that it wasn’t difficult to imagine it morphing into a global currency or a political crisis.
“This is where the coming G20 meeting in April would prove to be absolutely crucial in dealing with it,” he said.
– BERNAMA
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Global bank, global currency within 15 years
By BR-News on March 1, 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.”
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.”
