Posts tonen met het label dollar crisis. Alle posts tonen
Posts tonen met het label dollar crisis. Alle posts tonen
maandag 26 oktober 2009
zondag 18 oktober 2009
Russia and Iran Now OFFICIALLY Talking of Dumping Dollar for International Trade
After the Independent reported that Middle Eastern oil producers, plus China, Japan and France have all agreed to start trading oil using a basket of currencies - instead of the dollar - starting in 9 years, spokesmen for those governments denied it.
The Independent's reporter explained why the governments were denying the rumor.
But now the governments themselves are starting to admit that they are switching out of the dollar.
Lees verder bij Washingtons Blog
The Independent's reporter explained why the governments were denying the rumor.
But now the governments themselves are starting to admit that they are switching out of the dollar.
Lees verder bij Washingtons Blog
ALBA-landen willen af van de dollar
Linkse Latijns-Amerikaanse leiders hebben overeenstemming bereikt over het gebruik van een nieuwe intra-regionale handelsvaluta, Sucre genaamd, in plaats van de Amerikaanse dollar.
De Boliviaanse president Evo Morales, die gastheer was van de leiders van de Bolivarian Alternative for Latin America and the Caribbean (ALBA), zei dat het "document goedgekeurd was".
Lees verder op Zaplog
De Boliviaanse president Evo Morales, die gastheer was van de leiders van de Bolivarian Alternative for Latin America and the Caribbean (ALBA), zei dat het "document goedgekeurd was".
Lees verder op Zaplog
zondag 10 mei 2009
Continued Turmoil on Financial Markets
A world stock market collapse could be imminent as a source of dollar support
By Bob Chapman
Global Research, May 9, 2009
The International Forecaster
US MARKETS
On Friday the dollar completely broke down, with the USDX collapsing to about 82.5, as monetizations by the Fed became a stark reality. A world stock market collapse could be imminent as a source of dollar support. We wonder how low they will let the dollar go before they collapse the stock markets to chase people back into US treasuries, which have also broken down, with treasury interest rates on the rise despite various Fed purchases of treasuries in the hundreds of billions. So much for the bogus stress tests as things turn much uglier than anticipated by the boneheads in Goldman Sachs South who are attempting to resurrect the Goldilocks Matrix. The suckers rally is simply the loading and winding of a catapult meant to throw the dollar upward as the stock market spring unwinds at the moment chosen by the PPT, which moment has already been telegraphed to Illuminist insiders for their continued looting of the sheople and for the filthy aggrandizement of their growing mountain of ill-gotten gains. The stock market shorts are being set up in the dark pools of liquidity beyond the purview of regulators as this article is being written, so if you plug yourself back into the pod electrodes of the Goldilocks Matrix again, you are in for a major shock.
Lees verder bij Global Research
By Bob Chapman
Global Research, May 9, 2009
The International Forecaster
US MARKETS
On Friday the dollar completely broke down, with the USDX collapsing to about 82.5, as monetizations by the Fed became a stark reality. A world stock market collapse could be imminent as a source of dollar support. We wonder how low they will let the dollar go before they collapse the stock markets to chase people back into US treasuries, which have also broken down, with treasury interest rates on the rise despite various Fed purchases of treasuries in the hundreds of billions. So much for the bogus stress tests as things turn much uglier than anticipated by the boneheads in Goldman Sachs South who are attempting to resurrect the Goldilocks Matrix. The suckers rally is simply the loading and winding of a catapult meant to throw the dollar upward as the stock market spring unwinds at the moment chosen by the PPT, which moment has already been telegraphed to Illuminist insiders for their continued looting of the sheople and for the filthy aggrandizement of their growing mountain of ill-gotten gains. The stock market shorts are being set up in the dark pools of liquidity beyond the purview of regulators as this article is being written, so if you plug yourself back into the pod electrodes of the Goldilocks Matrix again, you are in for a major shock.
Lees verder bij Global Research
vrijdag 17 april 2009
The international monetary system’s breakdown is underway
The next stage of the crisis will result from a Chinese dream. Indeed, what on earth can China be dreaming of, caught – if we listen to Washington – in the “dollar trap” of its 1,400-billion worth of USD-denominated debt (1)? If we believe US leaders and their scores of media experts, China is only dreaming of remaining a prisoner, and even of intensifying the severity of its prison conditions by buying always more US T-Bonds and Dollars (2).
Lees verder bij Leap2020
Lees verder bij Leap2020
maandag 6 oktober 2008
Stukken geheime Congres-vergadering lekken uit: dictatuur dichterbij
On March 13th 2008 there was a secret closed door meeting of The United States House Of Representatives in Washington. In the history of The United States this is only the fourth time a secret meeting was held by the house.[...]
Here is what was revealed:
- The imminent collapse of the U.S. Economy to occur sometime in late 2008
- The imminent collapse of the U.S. Government finances sometime in mid 2009
- The possibility of Civil War inside the United States as a result of the collapse
- The advance round-ups of “insurgent U.S. Citizens” likely to move against the government
- The detention of those rounded up at The REX 84 Camps constructed throughout the United States
- The possibility of public retaliation against members of Congress for the collapses
- The location of safe facilities for members of Congress and their families to reside during massive civil unrest
- The necessary and unavoidable merger of The U.S. with Canada and Mexico establishing The North American Union
- The issuance of a new currency called the AMERO for all three nations as an economic solution.
maandag 29 september 2008
dinsdag 1 juli 2008
donderdag 27 maart 2008
Is Cheney betting on Economic Collapse?
Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar. So, while working class Americans are loosing ground to inflation and rising energy costs, Darth Cheney will be enhancing his wealth in “Old Europe”. As Blackburn sagely notes, “Not all ‘bad news’ is bad for everybody.”
This should put to rest once and for all the foolish notion that the “Bush Economic Plan” is anything more than a scam aimed at looting the public till. The whole deal is intended to shift the nation's wealth from one class to another. It’s also clear that Bush-Cheney couldn’t have carried this off without the tacit approval of the thieves at the Federal Reserve who engineered the low-interest rate boondoggle to put the American people to sleep while they picked their pockets.
Reasonable people can dispute that Bush is “intentionally” skewering the dollar with his lavish tax cuts, but how does that explain Cheney’s portfolio?
It doesn’t. And, one thing we can say with metaphysical certainty is that the miserly Cheney would never plunk his money into an investment that wasn’t a sure thing. If Cheney is counting on the dollar tanking and interest rates going up, then, by Gawd, that’s what’ll happen.
The Bush-Cheney team has racked up another $3 trillion in debt in just 6 years. The US national debt now stands at $8.4 trillion dollars while the trade deficit has ballooned to $800 billion nearly 7% of GDP.
This is lunacy. No country, however powerful, can maintain these staggering numbers. The country is in hock up to its neck and has to borrow $2.5 billion per day just to stay above water. Presently, the Fed is expanding the money supply and buying back its own treasuries to hide the hemorrhaging from the public. Its utter madness.
Last month the trade deficit climbed to $70 billion. More importantly, foreign central banks only purchased a meager $47 billion in treasuries to shore up our ravenous appetite for cheap junk from China.
Do the math! They're not investing in America anymore. They are decreasing their stockpiles of dollars. We’re sinking fast and Cheney and his pals are manning the lifeboats while the public is diverted with gay marriage amendments and “American Celebrity”.
Full story
This should put to rest once and for all the foolish notion that the “Bush Economic Plan” is anything more than a scam aimed at looting the public till. The whole deal is intended to shift the nation's wealth from one class to another. It’s also clear that Bush-Cheney couldn’t have carried this off without the tacit approval of the thieves at the Federal Reserve who engineered the low-interest rate boondoggle to put the American people to sleep while they picked their pockets.
Reasonable people can dispute that Bush is “intentionally” skewering the dollar with his lavish tax cuts, but how does that explain Cheney’s portfolio?
It doesn’t. And, one thing we can say with metaphysical certainty is that the miserly Cheney would never plunk his money into an investment that wasn’t a sure thing. If Cheney is counting on the dollar tanking and interest rates going up, then, by Gawd, that’s what’ll happen.
The Bush-Cheney team has racked up another $3 trillion in debt in just 6 years. The US national debt now stands at $8.4 trillion dollars while the trade deficit has ballooned to $800 billion nearly 7% of GDP.
This is lunacy. No country, however powerful, can maintain these staggering numbers. The country is in hock up to its neck and has to borrow $2.5 billion per day just to stay above water. Presently, the Fed is expanding the money supply and buying back its own treasuries to hide the hemorrhaging from the public. Its utter madness.
Last month the trade deficit climbed to $70 billion. More importantly, foreign central banks only purchased a meager $47 billion in treasuries to shore up our ravenous appetite for cheap junk from China.
Do the math! They're not investing in America anymore. They are decreasing their stockpiles of dollars. We’re sinking fast and Cheney and his pals are manning the lifeboats while the public is diverted with gay marriage amendments and “American Celebrity”.
Full story
zaterdag 15 maart 2008
Het Kommunisties Reveil van het IMF
Nu de kredietcrisis steeds dieper wordt, gerenommeerde zakenbanken dreigen om te vallen, en de gevolgen o.a. óók in Nederland merkbaar worden, vindt het IMF (Internationaal Monetair Fonds) dat staten zich voor moeten bereiden op het ergste.
Lees verder
Lees verder
zondag 17 februari 2008
Iran opened its oil bourse today.
The first phase of Iran's oil stock market started its work on Kish island in the Persian Gulf, southern Iran, on Sunday presenting oil and petrochemical products.
Read more
Read more
zondag 20 januari 2008
maandag 17 december 2007
SP Tribune interviewt Willem Middelkoop
Het omvallen van die hele derivatenberg is nog maar net begonnen. Banken hebben maar een kleine dekking voor alle uitstaande risico’s. Die moeten als gevolg van de hypotheekcrisis nu miljarden afschrijven. Als ze te veel moeten afschrijven, gaat het mis.
Lees het hele interview online
woensdag 7 november 2007
7 Countries Considering Abandoning the US Dollar (and what it means)
By Jessica Hupp
It’s no secret that the dollar is on a downward spiral. Its value is dropping, and the Fed isn’t doing a whole lot to change that. As a result, a number of countries are considering a shift away from the dollar to preserve their assets. These are seven of the countries currently considering a move from the dollar, and how they’ll have an effect on its value and the US economy.
Iran, Zuid Korea, Rusland, China, Venezuela, Sudan. Tot zover landen waar de neocons toch al niet zo blij mee zijn, (en niet vanwege de mensenrechten) en waarvan Iran en Venezuela min of meer de kans lopen met kruisraketten en/of CIA-"revoluties" te maken te krijgen.
Maar dat Saudi Arabië hiertussen staat is opvallend. Saudi Arabië is een partner in Bush' war on terror, wat inhoudt dat het land de clash of civilizations van harte steunt door extremisten in Europa en Iran (financieel) te sponsoren. Wat de neocons, inclusief hun politieke vrienden in Nederland, zoals Geert Wilders, uiteraard goed uitkomt...
SA is ook het land dat niet werd aangevallen na 9/11, ondanks de vermeende Saudische kapers. Sterker nog, een elitair Saudisch clubje mocht per vliegtuig de VS verlaten, ondanks een totaal vliegverbod. Onder hen: leden van de familie Bin Laden.
Johnito
zondag 4 november 2007
Citigroup calls emergency board meeting
By Damian Reece, City Editor and Robert Winnett
Last Updated: 3:07am GMT 03/11/2007
Fears of more turmoil hitting global stock markets grew last night after it emerged that Citigroup, the world’s biggest bank, has called an emergency board meeting for this weekend amid fears of escalating bad debts.
donderdag 1 november 2007
woensdag 3 oktober 2007
The Con That Turned the World Against America
How greed almost triggered a global financial collapse—and why we can expect the fallout to continue. By Robert Morley
The world’s financial system came precariously close to seizing up these past couple months.
In fact, as far as some big banks and financial institutions were concerned, for a moment in time, the system was in a full-blown cardiac arrest. Liquidity, the flow of money—the lifeblood of today’s economic structure—came uncomfortably close to clotting up.
Defibrillators sizzling and money flowing, central banks around the world acted in concert to jump-start financial markets, slashing lending rates and injecting a half trillion in dollar steroids into the economic pulmonary system.
But contrary to what the big media outlets may have reported, it is actually inconsequential whether or not central bankers succeeded in temporarily stabilizing markets.
Irrevocable damage to America’s economic system has taken place.
zondag 23 september 2007
Instortingsgevaar
Uncle Sam leent dagelijks 3 miljard dollar van de rest van de wereld. De staatsschuld bedraagt meer dan 8.000 miljard dollar. Er wordt 50 procent meer ingevoerd dan dat het land uitvoert. De euro is inmiddels de dollar voorbijgestreefd in de obligatiemarkt. Een aantal olieproducenten wil in euro’s af gaan rekenen en centrale banken worstelen met hun verlieslatende dollarvoorraden.
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Full story Blik Op De Beurs
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