follow up on: Ban Ki-moon: Global Government By 2015
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$5 Trillion Cash Pool Needed to Stop Rout, Ohmae Says: Bloomberg
Sept. 23 (Bloomberg) -- Treasury Secretary Henry Paulson's $700 billion plan to buy devalued assets from financial companies is ``a joke'' because it doesn't go far enough to calm markets, said Kenichi Ohmae, president of Business Breakthrough Inc.
Ohmae, nicknamed ``Mr. Strategy'' during his 23 years as a McKinsey & Co. partner, called for a $5 trillion ``international facility'' to be made available to financial institutions.
Ohmae, 65, is the author of management books including ``The Mind of The Strategist,'' ``The Borderless World'' and ``The End of the Nation State.'' Business Breakthrough, founded in 1998, provides online management training.
One way of funding the $5 trillion facility would be through contributions from foreign exchange reserves in China, Japan, Taiwan, the Gulf states, the European Union and Russia, Ohmae said.
Against the backdrop of a potential global market panic, Paulson's plan is insufficient, said Ohmae. Paulson is a former chief executive of Goldman Sachs Group Inc., the world's biggest securities firm.
``He wants to fix problems one by one as if he were still the chief executive officer of Goldman Sachs,'' he said. ``He has to take his CEO hat completely off and come up with a systemic solution as opposed to a one-by-one solution.''
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re: systemic solution
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$5 Trillion Cash Pool Needed to Stop Rout, Ohmae Says: Bloomberg
Sept. 23 (Bloomberg) -- Treasury Secretary Henry Paulson's $700 billion plan to buy devalued assets from financial companies is ``a joke'' because it doesn't go far enough to calm markets, said Kenichi Ohmae, president of Business Breakthrough Inc.
Ohmae, nicknamed ``Mr. Strategy'' during his 23 years as a McKinsey & Co. partner, called for a $5 trillion ``international facility'' to be made available to financial institutions.
Ohmae, 65, is the author of management books including ``The Mind of The Strategist,'' ``The Borderless World'' and ``The End of the Nation State.'' Business Breakthrough, founded in 1998, provides online management training.
One way of funding the $5 trillion facility would be through contributions from foreign exchange reserves in China, Japan, Taiwan, the Gulf states, the European Union and Russia, Ohmae said.
Against the backdrop of a potential global market panic, Paulson's plan is insufficient, said Ohmae. Paulson is a former chief executive of Goldman Sachs Group Inc., the world's biggest securities firm.
``He wants to fix problems one by one as if he were still the chief executive officer of Goldman Sachs,'' he said. ``He has to take his CEO hat completely off and come up with a systemic solution as opposed to a one-by-one solution.''
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re: systemic solution
According to "Mr Strategy" the $700 billion so-called bailout plan is a "joke". Mr. Strategy is telling the truth. The joke, though, is on the people of the U.S., and the whole world for that matter because the entire dramatic production is nothing more than a ruse to hide the true intent, which is of course, the so-called "systemic solution". Everything that is going on now, the company failures, the takeovers, the rescue plans, the televised hearings, and whatever "results" are achieved, are nothing more than transitional stages necessary to get from point 'A' to point 'B'. Point 'B', being of course, the complete control of the global financial system by those who would make themselves to be the masters of the world. Exactly the "idea" being floated here by "Mr. Strategy" himself, the author of the book titled "The End of The Nation State". It's time for an "international facility" says he. And that is exactly what will happen...and even now is on the horizon. Do not fooled.
It's not hard to understand....the day is coming "that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name." (Rev. 13:17)
There most likely will be many more "dramatic productions" needed before the full "systemic" transition is completed. But the rebuilt Tower of Babel is rising now as we watch, the systemic global management scheme of the Zionist kingdom planners. One world government and one world religion meshed into a single entity...the kingdom of Antichrist. Rev 18:4
It must be understood that these things cannot be averted, and while it may not be pleasant to have to face these facts, the only alternative to doing that is ignorance. It is written (Isaiah 65:6).
see also: 'Giants' Rising From Global Financial Wreckage
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It's not hard to understand....the day is coming "that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name." (Rev. 13:17)
There most likely will be many more "dramatic productions" needed before the full "systemic" transition is completed. But the rebuilt Tower of Babel is rising now as we watch, the systemic global management scheme of the Zionist kingdom planners. One world government and one world religion meshed into a single entity...the kingdom of Antichrist. Rev 18:4
It must be understood that these things cannot be averted, and while it may not be pleasant to have to face these facts, the only alternative to doing that is ignorance. It is written (Isaiah 65:6).
see also: 'Giants' Rising From Global Financial Wreckage
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Jeremiah 17:7 Blessed is the man that trusteth in the LORD, and whose hope the LORD is.
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