Re: [A-List] Asian Monetary Fund

["Anne Williamson" <annewilliamson@xxxxxxx>]

Chris and Sabri,

The Asian effort is a very positive development, and to be expected.
It is positive because an Asian Monetary Fund will work to break
US-led global fascism which is dependent upon its owning the world's
reserve asset, the dollar, which - in turn - gives it control of world
finance through ancilliary institutions such as the IMF and the World
Bank.

It was Robert Rubin who put the kabash on this attempt the first time
around in 1997; that ghoul understood perfectly well that if Asia opted out
of the IMF (or had its own alternative), the US's ability to loot the world
would be severely crimped, if not eliminated in the ensuing decades as Asia
develops economically.

BTW, I believe the first signs are stirring that globalization is about
to come a cropper.  Bush's steel tariffs in combination with US agression
along with the competitive currency devaluations in which Asian nations
are already engaging are the first substantial indicators that the
globalists
have over-reached.  When the manipulators lose control of the US economy,
whose share markets are truly running on vapors - and they will lose
control -
all bets will be off.

The times we are living in are very comparable to those of the 1930s -
and we all know what happened next.

I pray to God that the Europeans can find their voice.  We need all the help
we can get over here, the shouts of the warmongers being all that the people
are allowed to hear.

Anne

----- Original Message -----
From: Sabri Oncu <soncu@xxxxxxxxxxx>
To: ALIST <a-list@xxxxxxxxxxxxxxxxxxx>
Sent: Tuesday, April 09, 2002 8:30 PM
Subject: [A-List] Asian Monetary Fund


> Well Chris,
>
> I am sure our World Systems friends look at this differently. For
> your information, I forwarded this with them in mind.
>
> Hugs,
> Sabri
>
> P.S: By the way Chris, I had watched the US response to Japan's
> proposal as an accidental tourist in the Global Gambling Casino
> during the Southeast Asian Crisis and hence I know what was
> mentioned the article I sent quite well.
>
> +++++++
>
> Interesting economically, and perhaps even more interesting
> politically.
>
> At 09/04/02 10:10 -0700, you wrote:
> >April 9:  Asian Currency Swap Agreements May Lead To Monetary
> >Fund
>
>
>
> >After the outbreak of Asia's 1997 financial crisis, Japan
> >proposed creating an Asia-only fund to support regional
> >currencies should a similar crisis ever recur. But the idea was
> >shot down by the United States, which insisted the International
> >Monetary Fund should remain the lender of last resort in the
> >event of financial shocks.
>
>
> The snag in their argument is that if there is an assumption that
> only the
> USA can be the *spender* of last resort in a global recession. On
> this
> status quo assumption, the *lender* of last resort, the IMF, and
> the
> central (western) banks, will in many different ways give
> priority to
> ensuring that the economy of the USA does not contract. Meanwhile
> the
> economies of other countries have to bear the burden of the
> recession with
> an intensified, almost sadistic severity.
>
> Chris Burford
>
>
>