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Shvoong Home>Law & Politics>Politics - General>Political Economy>dollr is collapsing so also capitalism? Summary

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dollr is collapsing so also capitalism?

Article Abstract by: ppche    

Original Author: com.ayyankali
Market rumours are that City Bankgroup will simply crash and collapse due to the subprime thing . Lots of very unpleaasant
surprises are in store for 2008 including an Iran war. 
  A WASP fraction ofwithin  the CIA has doctored the National Intelligence Estimate (NIE) in  
such a way htatBush and the Jews are finding it difficult to go to war.
  The Whabi religious establishment of Saudi arabia has issued a fatwa against the US dollar . This bears watching A message issued by 26 lesading clerics warns that inflation has resched intolersable levels in Gulf Kingdom."The rulers should seek to try toremedy this cridsisis in a way thatwould ease people suffering", according to a London Telegraph report. Thestatement was posted across the islamuic world. the background tothis has been a raging debate in Gulf religious and economic circles about the destructive effects of the slidiong dollor.
   Qatar has already slashed the dollar holding of its future generation fund from 48% to 98%.
Published: March 17, 2008
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