Tag Archives: sdr

IMF devalues the dollar inside SDR basket

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New UN Report Urges World to Ditch US Dollar as Reserve Currency

Stacy Summary: UN report urges ditching dollar as reserve currency and replacing with something like SDR, with no gold included in basket. Here is the full report, still reading it but they seem to slam globalization as well in section 5.

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The PIIGS and BRICs Man Talks SDRs

Stacy Summary:  Care to comment @snoot?

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Currency Wars

Stacy Summary:   As part and parcel of this year’s sovereign debt crises, the accompanying currency wars are going to cause the most noticeable consequence to the man on the street.  I have spoken to people who lived through a currency crisis and the trauma was still visible a decade later.  Anyway, no doubt this blog post from Jesse will trigger much conversation . . .

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Russia Continues to Build Gold Reserves Ahead of SDR Discussions

Stacy Summary:   Oh dear, where is snoot?

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Iraq, Gold, SDR’s and Banning Cash

Stacy Summary:  Good evening y’all.

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Headlines, Headlines, Headlines – 04 April 2009

Stacy Summary: The US government and its latest imperial presidency are not ready to stop transferring wealth from the population to the bankers and are doing everything in their power to stop the people from knowing that it is happening. And it looks like once they are done looting us, they are planning on sending our bankrupt a**es to the IMF. Welcome to neo-feudalism 2.0.

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