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Obama Set To Flee America As US Dollar Faces 50% Devaluation
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Original Message
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[link to beforeitsnews.com]
A grim report prepared for Prime Minister Putin by Russian Ministry of Finance experts warns today that the United States is expected to be ordered by its G-20 counterparts at its October 21-23 meeting in South Korea to devalue the US Dollar by no less than 50% in order to stave off what is widely believed to be an imminent collapse of the World’s economic system.
The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the Global financial market that by 1998 had catastrophically devastated the Russian economy causing a two-thirds devaluation of the Ruble that plunged millions of middle-class Russian citizens into instant poverty.
As the most important “cog”, so to speak, in the internal mechanisms that governs our every growing, and complex, Global economy, the “sands of time” have run out for the American Dollar being our World’s sole reserve currency, and which without its immediate devaluation threatens to spark an International currency war the likes of which have not been seen since the 1930’s, and as we can read as reported by London’s Telegraph News Service:
“States accounting for two-thirds of the global economy are either holding down their exchange rates by direct intervention or steering currencies lower in an attempt to shift problems on to somebody else, each with their own plausible justification. Nothing like this has been seen since the 1930s.”
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