JIM WILLIE: FEVER PITCHED CURRENCY WAR & USDOLLAR REJECTION IN 2013
The Competing Currency War threatens to disrupt international relations
The year 2013 will be the year when the USDollar is isolated and set up for rejection
A return to the Gold Standard is in the works. The key to the solution is a USDollar alternative, actually trade settlement outside the USD
A Gold Trade Note is coming, the basis of Eastern trade, serving [...]
Congress Woman Kay Granger of Texas Confirmed that Obama has declared Martial Law!!!!!
This means all of our water resources, construction services and materials (steel, concrete, etc.), our civil transportation system, food and health resources, our energy supplies including oil and natural gas – even farm equipment – can be taken over by the President and his cabinet secretaries. The Government can also draft U.S. citizens into the military and [...]
The White House
Office of the Press Secretary
For Immediate Release
June 25, 2012
Letter–Russian Highly Enriched Uranium
TEXT OF A LETTER FROM THE PRESIDENT TO THE SPEAKER OF THE HOUSE OF REPRESENTATIVES AND THE PRESIDENT OF THE SENATE
June 25, 2012
Dear Mr. Speaker: (Dear Mr. President:)
Pursuant to section 204(b) of the International Emergency Economic Powers Act (IEEPA), 50 U.S.C. 1703(b), I hereby report that I have exercised my authority to declare a national emergency to [...]
JOHANNESBURG (GOLD FORECASTER) -
While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F. China is contributing $43 billion, so as it races to become the world’s leading economic and financial nation it wants a bigger part of the decision making process, commensurate with its rising power. So the first question to [...]
The question of whether conflict between US and China is inevitable is among the most important for the world as the US-China relationship, as JPMorgan’s Michael Cembalest notes, is likely to be one of the most important issues of the 21st century. The inevitability view is sometimes explained by the thesis that countries rarely rise economically without also doing so militarily. The chart below looks at the major economic powers of the [...]
The girlfriend of France’s new president made her first official appearance at the G-8 first ladies’ club as she toured the White House in a pair of towering heels.
Valerie Trierweiler wore a pair of stunning black heels as she joined Michelle Obama and some of the most powerful women in the world a tour of the White House.
She still wasn’t as tall as Mrs Obama though, who towered above all of her [...]
U.S. President Barack Obama pledged at a summit on Saturday to work with Europe on a package that balances growth with debt reduction as world leaders try to prevent the worsening euro zonecrisis from destabilizing the global economy.
At the wooded Camp David retreat in Maryland’s Catoctin Mountains, Obama and leaders from other major economic powers are seeking ways to soothe financial markets after worries about Spain’s banking problems and the risk [...]
Uploaded by RussiaToday on Nov 7, 2011
As more and more countries are turning to the International Monetary Fund for help, it in turn is reaching out for support from some of the world’s emerging financial power players. IMF chief Christine Lagarde’s preparing to head off to China on Tuesday, and is currently in Moscow for talks with the Kremlin. ‘Asia Times’ correspondent Pepe Escobar thinks it’s a sign of the [...]
European officials have rejected key recommendations from the United States and the International Monetary Fund, casting doubt on whether an emerging plan to address the region’s financial crisis will be as broad or fast acting as hoped.
As crisis negotiations continued this weekend, European officials said they had reached general agreement on a response they were confident would restore faith in European banks and government [...]
via Business insider:
Russian Prime minister Vladimir Putin has called U.S. monetary policy “hooliganism” in a speech before his country’s parliament.
Putin also criticized the U.S. debt situation, and said Russia could not conduct its policy similarly.
“We see that everything is not so good for our friends in the States,” Putin told lawmakers in the lower house of parliament. “Look at their trade balance, their debt, and [...]
Throwing BRICS at dollars
April 2011. The leaders of BRICS (S being for South Africa, the latest entrant to the decade-old Goldman Sachs-invented emerging-economy grouping of Brazil, Russia, India, China) agreed in principle on Thursday to allow their authorised development banks to establish mutual credit lines denominated in their local currencies.
h/t to Plymouth rock – in the comment field of the [...]
Illustration: John Shakespeare
The world has entered a new food crisis. Prices have surged, contributing to unrest in the Arab world. The president of the World Bank, the former US deputy secretary of state Bob Zoellick, last week warned that global food prices are at “dangerous levels.”
It’s part two of the crisis that started in 2007-08, which led to food riots in 18 countries. Prices in 2008 [...]
UNITED NATIONS (AFP) – The United Nations warned Wednesday that world growth in the next two years will not be enough to recover jobs lost in the financial crisis and that key countries could be heading for a double-dip recession.
The United States, Japan and major European economies are all at risk of a new recession, said a UN report which predicted the world economy will expand by 3.6 percent this [...]
1)Â Goldman Says Fed Purchases May Include 30-Year Bonds
“Goldman Sachs Group Inc., one of the 18 primary dealers that trade with the Federal Reserve, said a resumption of asset purchases by policy makers next week would likely include 30-year Treasury bonds.
Traders have speculated that the Fed would focus on buying U.S. government debt maturing in 10 years and less as part of a policy known as [...]
The only way we could have looked any more like stupid arrogant liars in the eyes of the rest of the world was if we sent Bernanke to say they US wants a strong dollar. At least the US made the world laugh today instead of bombing them to kingdom come.
The stock market was relatively calm Friday morning but market players are on edge ahead of [...]