From Giordano Bruno at Neithcorp Press:

“Goldman’s involvement in the Greek snafu is assuredly not isolated.  Goldman deals with many countries and has likely pulled the same scam everywhere.  But why would a large international bank deliberately sabotage the economies of the countries it does business with?  Would this not ruin the banks as well in the long run?  Not if you consider the possibility that Goldman is destabilizing countries deliberately to help the IMF…

Cascading the European economy in the near term will damage all markets, and could even make some markets disappear entirely.  However, this is exactly what the IMF is best known for; netting economies as they begin to spoil, while the people are too frightened, distracted, or desperate to do anything about it.  The disconnect for many of us is that we seem to think the IMF only hijacks third-world shanty nations.   What we need to realize is that the model the Global Banks used to strong arm the third-world is now being used on us. Goldman’s utilization of financial poison on western countries is in fact ‘necessary’ in the process of globalization, and the institution of the IMF’s new “world currency”, the SDR.  Europe and the United States have the most prominent currencies in international trade; the Euro and the Dollar.  The actions of Goldman Sachs in the Eurozone indicate to me that Global Bankers hope to engineer a simultaneous breakdown of both currencies to make way for the SDR.

Claiming that it is “necessary” to prevent another meltdown, the head of the IMF has already called for his organization to be given unprecedented oversight and control over the economic functions and decisions of member countries, effectively making the IMF global overseer of all finance:

http://www.businessinsider.com/head-of-imf-calls-on-member-states-to-give-him-global-oversight-of-the-financial-system-2010-2

And just hitting the news wire in the past couple days, the IMF’s high level meeting in Switzerland on May 11th has apparently openly produced a strategy to officially make the SDR the new global currency to “assuage fears” of monetary collapse in the Euro and the Dollar. That’s right, they use the words “Global Currency”. This news comes straight from the IMF’s own press release on the meeting, which you can read here:

http://www.imf.org/external/np/speeches/2010/051110.htm

Here is expert on global capital Jim Rickards of consulting firm Omnis Inc. on the implications of this announcement from the IMF. He also believes the institution of the SDR as a world reserve currency may take less than a year-and-a-half:

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/5/13_Jim_Rickards.html

I have been warning that the IMF and global banks were positioning the world for this move for the past three years, and now it is here.

The May 6th incident proves that EU nations will do anything to prevent a sovereign debt default in any of its members, and to keep markets happy for as long as possible.  The speed at which they produced the $1 Trillion package is astounding (unless, of course, they had it ready all along in anticipation).  This means that they will continue fiat bailouts just as we have in the U.S., even if eventual hyperinflation results.  The difference in Europe’s case is that their bailout is coming directly from the IMF, which means the more they inflate the deeper they go into the IMF’s pocket, and the more viable an option the SDR will seem. The endgame of this is obvious.  What we are looking at is the total subjugation of Western finance and infrastructure at the hands of global banks.  Both sides of the Atlantic are now, to be quite frank, targeted…”

My Comment:

I don’t know why the blogger emphasizes the western world. The global banks are extending their franchise every where in the world, from Nigeria (as I blogged earlier) to China and India.