October 6, 2009, - 10:38 am
Last week, I reviewed Paul Karcher’s great thriller, “Papercut: The Apophis Conspiracy,” which is also advertised on this site (and can be bought here). As I noted, the book–written at least two years ago–details a plot in which Arab countries, the Chinese, Russia, and other American enemies secretly get together to destroy the American dollar, devaluing it to nothing, and at the same time, killing our markets and causing chaos.
Well, life imitates art. Apparently.
Paul Karcher Foretold Arab/Chinese/Russian Plot to Severely Devalue US Dollar
The UK Independent’s (extremely anti-Israel liar) Robert Fisk reports today that the Arabs, Chinese, Russian, French, etc. are plotting exactly what Karcher foresaw in his novel. (Beware of Fisk, though. He’s a known liar.)
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.
The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.
All of this was foretold by Paul Karcher in his book. And if I were the intelligence people, I’d be reading Karcher’s prescient novel. And you can read it, too. Buy it here.
The question is, what will we do about this? Let’s say the Saudis drive down the dollar to almost nothing. Can they afford to survive without us buying their oil. No. As I’ve noted many times before in the last decade, we can last a month without their oil. But the top-heavy Saudi monarchy, with 30,000-50,000 princes and princesses to support (or more–they don’t know exactly how many they have among their royal ranks), can’t live a month without American cash and consumerism.
Sadly, America doesn’t have the guts to play hardball. For example, we’re still going ahead with the boneheaded plan of sharing our nuclear technology with the United Arab Emirates, of which Abu Dhabi is a part. We’re holding no sticks to get them to abandon this plan to further destroy our economy.
And don’t fool yourself into thinking Gulf State-lover George W. Bush would have done anything either.
Tags: Abu Dhabi, American dollar, Apophis Conspiracy, Arab States, Arabs Gulf Arabs, China, Chinese, devaluing the dollar, dollar, Kuwait, Papercut: The Apophis Conspiracy, Paul Karcher, Qatar, Robert Fisk, Russia, Saudi Arabia, secret meetings, The Independent, UK Independent, United Arab Emirates