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The Financial New World Order Continued from page 16 A GLOBAL CURRENCY governments surrender some The Phoenix economic sovereignty) further "The ability to combine Canadian In 1988, The Economist ran an article attempts to peg currencies will natural resources, American titled "Get Ready for the Phoenix",* flounder." Amazingly, the article ingenuity and cheap Mexican labor which stated: "Thirty years from stated: "Several more big exchange- would allow North America to now, Americans, Japanese, rate upsets, a few more stockmarket compete better on a global stage." Europeans, and people in many crashes and probably a slump or The author further stated: “If other rich countries and some two will be needed before forward policy attempts to induce relatively poor ones will probably be politicians are willing to face more debt rather than allowing paying for their shopping with the squarely up to that choice. This savings and obligations to align, we same currency. Prices will be points to a muddled sequence of must respect the potential for a quoted not in dollars, yen or D- emergency followed by patch-up system shock. marks but in, let's say, the phoenix. followed by emergency, stretching "We may need to let a two-tier The phoenix will be favoured by out far beyond 2018—except for two currency gain traction if the dollar companies and shoppers because i hings. As time passes, the damage meaningfully debases from current will be more convenient than caused by currency instability is levels." oday's national currencies, which gradually going to mount; and the He added: "If this dynamic plays by then will seem a quaint cause of very trends that will make it mount out—and I've got no insight that it much disruption to economic life in are making the utopia of monetary will—tthe global balance of powers the late twentieth century." union feasible." would fragment into four primary The article also said: "The marke Further, the article stated: "The regions: North America, Europe, crash [of 1987] taught phoenix zone would impose tight Asia and the Middle East. governments] that the pretence of constraints on national "In such a scenario, ramifications policy co-operation can be worse governments. would manifest through social than nothing, and that until real co- unrest and geopolitical conflict."” operation is feasible (i.e., unti Continued on page 82 governments "The ability to combine Canadian natural resources, American ingenuity and cheap Mexican labor would allow North America to compete better on a global stage." The author further stated: "If forward policy attempts to induce more debt rather than allowing savings and obligations to align, we must respect the potential for a system shock. "We may need to let a two-tier currency gain traction if the dollar meaningfully debases from current levels." He added: "If this dynamic plays out—and I've got no insight that it will—the global balance of powers would fragment into four primary regions: North America, Europe, Asia and the Middle East. "In such a scenario, ramifications would manifest through social unrest and geopolitical conflict."” constraints on governments. Axis of the World AXIS OF THE WORLD: The search for the Oldest American Civilization by Igor Witkowski $38.00 (includes postage & GST) Tt book tackles one of the most interesting and persistent mysteries pondered by mankind—the very question of our own roots. Witkowski mounts a painstaking search for answers, and compiles an astonishing array of evidence that points to only one conclusion: in the very deep mists of the past, there existed a highly- advanced civilization that was able to exert its influence on a worldwide scale, and did so in a purposeful way. These beneficent bringers of knowledge are described in almost every indigenous culture, and the similarities in the accounts cannot be reasonably overlooked. Witkowski brings a multi-disciplinary approach to the problem, comparing archeological discoveries, ethnological relations, historical documents, linguistics and even the achievements of genetic research. To order - mail, phone or fax your order to: NEXUS Magazine, PO Box 30, Mapleton Qld 4560 Australia. Ph: 075442 9280; Fax: 07 5442 9381 or use the coupon on page 96 of this issue. by Igor Witkowski $38.00 (includes postage & GST) JUNE — JULY 2009 NEXUS ¢ 81 Continued on page 82 The search for the Oldest American Civilization www.nexusmagazine.com