The optimistic are claiming that the economic downturn could right itself in a year or so. However, this may very well be missing the big picture. If this crisis was engineered, then obviously it was engineered for a purpose. What could that purpose be?
In an article entitled 'Will U.S. financial woes lead to a new world order?' in Haaretz.com a possible explanation as to what that purpose may be is spelled out. (View the complete article here).
The concept of a global elite bringing about a New World Order headed by the United Nations that will usher in a global currency and a one world central bank is a crucial component of a story that has been touted by so-called "conspiracy theorists" for at least a few decades. However, this notion has always been denied by mainstream sources.
Until recently.
From the article:
One possibility is that the United Nations will take on the role of a global government. This theory seems to be supported in a speech by then-president George H. W. Bush before Congress on March 6, 1991, following the expulsion of Iraqi forces from Kuwait.
"...We can see a new world coming into view," said Bush. "A world in which there is the very real prospect of a new world order. In the words of Winston Churchill, a 'world order' in which 'the principles of justice and fair play ... protect the weak against the strong ...' A world where the United Nations, freed from cold war stalemate, is poised to fulfill the historic vision of its founders. A world in which freedom and respect for human rights find a home among all nations."
Until recently, the advent of a global government seemed unrealistic, and reserved for conspiracy theorists. But since the acknowledgement by then-president George W. Bush in September 2008 that the United States is indeed "in the midst of a serious financial crisis", there have been numerous calls for a "new world order" by global leaders and prominent intellectuals.
In January, Henry Kissinger told CNBC reporters that the current world economic crisis is a "great opportunity" for President Barack Obama to help form a "new world order."
British Prime Minister Gordon Brown actually began the call for a new world order before the acknowledgement of the current financial downturn.
Speaking in June 2007, Brown said: "I believe it will be said of this age, the first decades of the 21st century, that out of the greatest restructuring of the global economy, perhaps even greater than the industrial revolution, a new world order was created."
The British leader has continued to press for a new world order since that speech. Even a few weeks ago he declared the need for a "global new deal."
"Britain and America may be separated by the thousands of miles of the Atlantic, but we are united by shared values that can never be broken. And as America stands at its own dawn of hope, I want that hope to be fulfilled through us all coming together to shape the 21st century as the first century of a truly global society."
The scary thing about this becomes evident if one thinks about what conditions would have to be in place before the general public in the United States would accept effective de-nationalization and a world currency.
Again from the article:
So how would a new world order emerge? It seems that the global population would only be willing to accept the implementation of a new world order, in either form, in the event of a major global crisis, such as the complete economic collapse of the United States of America.
The U.S. is at the heart of the global economy because the U.S. dollar is currently the reserve currency of the world. Oil, gold and all major commodities are measured in U.S. dollars. If the U.S. were to collapse in the same way that Iceland and Latvia already have, the whole world would be affected. A new world order would need to be formed that no longer relied on U.S. global hegemony.
Many experts believe that this is not only possible, but likely. According to Professor Willem Buiter, a former member of the Monetary Policy Committee who is now at the London School of Economics, "There will, before long ... be a global dumping of U.S. dollar assets, including U.S. government assets... The past eight years of imperial overstretch, hubris and domestic and international abuse of power on the part of the Bush administration has left the U.S. materially weakened financially, economically, politically and morally."
Other economic gurus agree. Peter Schiff, an American economic commentator and president of the stock brokerage firm Euro Pacific Capital Inc. was mocked by economist Art Laffer, when he accurately predicted, in 2006, that the U.S. housing market "bubble" would burst. Schiff now predicts that gold will climb to $2,000 per ounce in response to the U.S. dollar dropping "like a stone" and losing its status as the global reserve currency.
More:
It is certainly possible, but would be rather difficult to implement. The government of every nation in the world would either have to willingly surrender sovereignty to the United Nations or be forced into doing so by the use of military force. Both options are utterly improbable -unless an unpheaval on a massive scale resulted in a new-found willingness by the big players in the global arena to submit to an international body. (My emphasis).
Finally:
Looking at history, there is only one circumstance under which a very large and diverse population would be willing to accept such a massive override and restructuring of the global order. That circumstance is chaos.
The collapse of the United States of America would certainly create the chaos necessary to justify the formation of a new global reserve currency and ultimately a new world order, with its central power residing in Eurasia.
Those looking forward to a quick upturn may be missing the big picture. "Conspiracy theorists" have a name for the technique they claim the global elite use to engineer large scale social change, namely, the Hegelian Dialectic otherwise known as Problem-Reaction-Solution. That is they engineer the Problem, wait for the predictable Reaction and then offer the predetermined "Solution." If times get rough enough people will beg for anything that puts food back in their mouths and makes the streets safe again.
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