The US Is Losing Dominance in the International Financial Community
By Fulton Sheen
September 15, 2014
The US is losing its control over the international finance system, the IMF and the World Bank. As of Jan 1, 2015, another World Bank and international wire system will be available. That means that the rest of the world will no longer have to do their international wires through New York. And the US will no longer be able to unilaterally force everyone to do what they want with the threat of being shut out of international commerce.
Fulton Sheen was twice elected county treasurer in Allegan County Michigan, and served 3 terms as a Michigan State Representative. He owned and operated a financial advisory and investment firm, Sheen Financial, for over 20 years. Fulton is the director of Isaiah 58:12, a faith based disaster relief and preparedness group. In addition to assisting in disasters, he and his team have trained over 1,500 volunteers to work with first responders in Search & Rescue, First-aid & Triage and terrorist mitigation. Currently he heads the management of operations and customer service at River East Financial, a New Zealand Financial Institution. Fulton & his wife Cheryl also own operate F&C Enterprises which connects and assists people in the purchase of tangible assets such as precious metals, bulk food and other commodity based purchases. Fulton speaks nationally and internationally on economic and financial issues; including world markets the sovereign debt crisis, and alternative financial structures.