Amidst the ongoing economic crisis, The Australian newspaper published an article late last week headlined "A new world order as US sinks". Marcus Walker, James Hookway and James T. Areddy write that a "new world order" is emerging as companies in Germany and Switzerland diversify away from the United States while,
"Resource-rich countries - including Russia, Brazil and Australia - are poised to keep prospering. Vast appetites for raw materials in China, India and elsewhere give commodity producers alternatives to the US market, and have lessened the chance of a commodities crash."
Concern has grown that already existing globalist plans for regional currencies and new world monetary structures will be put into place as the current economic crisis unfolds.
Former National Security Advisor and staunch globalist Zbigniew Brzezinski admitted in his book, Between Two Ages: America's Role in the Technetronic Era that the formation of the new world monetary structure would require "sacrifices" on part of Americans that will harm America's favorable position in the world. He writes,
"The nation-state is gradually yielding its sovereignty… Further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position."
Continuing with The Australian article, comments are also made regarding the declining U.S. currency,
"European consumer goods companies are also feeling the pinch. Emerging economies churn out their own simple products more cheaply, while a declining US dollar has made Italian clothes, French wine and German cars more expensive for Americans."
While the dollar reaches a new record low today ahead of the G-7 meeting, it is important to reflect on the actions of the establishment regarding the U.S. currency. In March of 2007, Reuters reported that the International Monetary Fund was in fact encouraging the decline of the U.S. dollar. It was reported that the IMF desired further depreciation of the dollar in order to "correct global imbalances". Former Federal Reserve Chairman Alan Greenspan also encouraged Gulf states to drop the U.S. dollar.
John Perkins, a former "economic hitman" who worked for an international consulting firm has exposed the fact that the IMF and World Bank have engaged in predatory globalization in developing countries around the world by using debt accumulated by IMF and World bank loans as leverage.
During the January 2008 Davos meeting in Switzerland, the theme of declining U.S. influence and the rise of a new order was present. Writing in the evening standard, Anthony Hilton states regarding the Davos meeting,
The United States is undoubtedly facing extremely difficult economic times as foreclosures spread and the dollar declines to record lows with the endorsement of the establishment. A new world order is rising."Henry Kissinger picked up on the political implications. The challenge to the world, he said, was handling the structural changes taking place - the transfer of economic power from America to the Pacific, the shortages of water and energy and the threat of climate change, which require global not national solutions."
Daniel Taylor
Old-Thinker News