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Monday, January 12, 2009

Stephen Jarislowsky - A Billionaire whose giving us a warning...

The world is always changing...


Within days a country's regime can be toppled...



A breakthrough in medicine found...



Or a blackman could be president...


I remember reading once how the fall of the soviet union was predicted for over 50 years, and no one would have guessed that less than 10 years after that fall another union would be formed right next to it...The EU (European Union, and the Euro Dollar) and alot of people did not see that development in the forecast...but it did happen.

I remember Canadian billionaire Stephen Jarislowsky (he's been called the Warren Buffett of Canada because his investment management firms manage assets of over $50 billion) around November of 2008 this man told the Canadian House of Commons, that “Canada and the United States should both abandon their national dollar currencies and move to a regional North American currency as soon as possible.” But he didn't stop there, he continued, “We have to really start thinking of a different model, a continental currency. The idea would be a European Union-type setup with a North American central bank that would issue the new currency and sit over the Bank of Canada and the Federal Reserve in the United States.”

Wow - I remember saying...and I remember thinking about how monumental that statement was, and about how the media didn't seem to probe into what he said further. I decided to look into this idea which was proposed by the 25th richest person in Canada and I decided to look into who was the founder of this idea. The idea is a common currency for North America, and it's popularly called the Amero, YouTube Clip of Herbert Grubel, founder of the Amero

Bloomberg (another billionaire) had this to say as recently as Dec 15th, that the “U.S. policy makers are flooding the world with an extra $8.5 trillion.” John Taylor, chairman of New York’s FX Concepts Inc, observed, “The dollar will go to new lows as the U.S. attacks its currency.”

These are strong words, prompting many to warn of the second variable, Weimar-style hyper-inflation, especially since the Fed is now virtually giving money away for free. I leave you with this saying: The tides of history are getting higher and faster, if you know how to read them well you can ride them through, and if you don't you will get crushed.

These are words for the wise who can see what's going on...(and forget about what they show you on TV, ie...what kind of puppy the Obama's want in the white house...lol...and start seeing through the illusions).

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