Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”
The coin, which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.
The question of a supranational currency “concerns everyone now, even the mints,” Medvedev said. The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.” - July 10 (Bloomberg)Some of the sad consequences of inappropriate financial policies are mammoth detonations. The oil spill, our banking crisis, the housing crisis, Chernobyl, various wars and the upcoming depression are all examples. I think that its important to realize exactly how delicate and frail this whole thing is. What happens when more bad decisions are made? What happens when funding is not available to maintain hazardous disaster zones? What happens if war/depression or terrorism facilitates an attack on an aging disaster like Chernobyl or other Oil Wells? Given how woefully unprepared we are for a simple Oil spill and Russia was for Chernobyl, it seems that in a depression there is considerable risk to the assumption that resources will be appropriately placed, developed or available to ensure things remain stable with the current risk elements...especially when we have CEO's and politicians worried more about their bank accounts and special interests than the responsibilities they were assigned and chose.
A friend (as well as many others or her age group in southern Germany) had her thyroid removed due to cancerous growths, most likely related to the radioactive cloud that covered europe from Chenobyl when she was 19 or so. She was not warned to stay in doors until it was much too late and no one knew or was told at the time that a second explosion was a high probability that it would have rendered the entirety or Europe uninhabitable.
The US/Western wars, imperialism and financial terrorism have, in my opinion, put us all at a significant risk if things were to get "uncomfortable" globally. This Oil Spill is a wake up call...and potentially just the tip of the iceberg of man-made or influenced disasters facilitated by our fiat system of government. I do not see our valueless currency system as a financial issue...our fiat system is a form of government, control and wealth transfer and what is happening in the markets is a form or rebellion.
I suggest that anyone of us "small people" upset with how this Oil Spill disaster was handled, look at its implications as far as how prepared or conflicted as a society we may be in other regards legacy and other issues that lie beneath the fancy rhetoric coming out of Washington, political and corporate leadership globally and the central bankers of our world.
If the global economies and currency systems fail...what happens to facilities like Chernobyl and many other high risk strategic initiatives that governments can no longer pay for or coordinate as effective managed catastrophes? Is the ever increasing US imperialism going to come to the rescue or be part of the problem?
Below is an excellent documentary on Chernobyl that everyone should see. My question is, how much have we really learned?