“European commission now reports the recovery is delayed and Europe is in a triple dip recession. Factory orders in the US decline again. Home prices slow and are now in a decline. The housing bubble is popping. People in Europe will owe the banks money with negative interest rates. Qatar becomes a trading hub for the Chinese yuan. Illegals bring illness into the US. US wants more troops to stay in Afghanistan. NATO needs more troops in the Baltic states. Poroshenko dispatches troops to the East. FBI reports people easily swayed on the internet to cause terror. Tell on your
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Archives for 7-Financial Economic
It Begins: German Bank Charging NEGATIVE Interest to its Customers
Deputy U.S. chief economist at UBS Securities LLC in New York. “Simply put, central bankers are uncertain about the efficacy of the tools they are using and are operating in an environment with more unknowns than knowns.” November 4, 2014 Santiago, Chile Don Quixote is easily one of the most entertaining books of the Renaissance, if not all-time. And almost everyone’s heard of it, even if they haven’t read it. You know the basic plot line—Alonso Quixano becomes fixated with the idea of chivalry and sets out to single-handedly resurrect knighthood. His wanderings take him far across the land where
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Is the Value of Your Money About to Change?
What’s Really Going on with the Economy (transcript of a 23.41 minute video with Foster and Kimberly Gamble (of the Proctor and Gamble family) [I know this is long but if you really want to be informed you will take the time to digest this data] 1 November 2014 The question that we’re being asked most by our network, even more than Ebola, Ukraine, and Isis (which we will be addressing in the future) is “What’s really going on with the economy?” “Are we really in a recovery? Are we on the verge of some even greater catastrophe? Or, is
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An Indicator – China Launches New World Bank Rival
China Launches New World Bank Rival Reuters Published time: October 24, 2014 12:09 Edited time: October 24, 2014 15:06 Chinese President Xi Jinping (C) shows the way to the guests of the Asian Infrastructure Investment Bank at the Great Hall of the People in Beijing on October 24, 2014 (AFP Photo / Takaki Yajima) China and India are backing a 21 country $100 billion Asian Infrastructure Investment Bank (AIIB) to challenge to the World Bank and Asian Development Bank. Memorandum of understanding were signed with 21 Asian countries in Beijing Friday. Australia, Indonesia and South Korea were absent following hidden
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Not Using the U.S. Dollar for Trade Anymore
Reuters 15 October 2014 – An Indicator Defying the Dollar Russia and China Agree to a Currency Swap Worth over $20 Billion
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Buying Tips and Hints
PERSONAL BUYING TIPS AND HINTS – Feel Free to add your experiences to this list. Online and offline always always always ask for a discount. Many time they have one but will not tell you unless you ask for it. This goes for travel, hotel reservations, clubs, retail stores (even chains) and all online buying (see below) On buying online for a “sales page”, always back out of a sales page (even the 2nd sales page) to see what they will offer. Sometimes you have to go all the way to the checkout cart and then try and back out
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China Will Use Gold and Gold Pricing to Force a Global Currency Reset
October 1, 2014 Gold inventories on the Comex On Sept. 30, statistician and economist Dr. Jim Willie was a guest on the Caravan to Midnight radio show to talk about current financial, economic, and geo-political events. During his three hour interview, Dr. Willie stated that one of the purposes behind China’s creation of the new Shanghai gold exchange is to eventually take over global price controls for the monetary metal away from the Comex, and then force a global currency reset by raising the price of gold to its true or actual value. The way this will come about in
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China To Join International Montary Fund’s Reserve Currency Unit
China On Way To Joining IMF’s Reserve Currency Unit Renminbi could enter ‘magic circle’ through SDR broadening By David Marsh The stage is set for the Chinese renminbi potentially to develop further as a world currency by entering the 45-year-old Special Drawing Right, the International Monetary Fund’s composite currency unit used in official financial transactions and reserves. No decision has been made. But measures already taken by the Chinese authorities to internationalise the renminbi, and a big increase in financial market interest in the currency, increasingly point towards a broadening of the SDR’s composition from January 2016. This is in
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On The Cusp of A Global Currency Shift Now
“…The linear thinkers who can not see the abstract reality of what is taking place in the world are going to be surprised when the world of tomorrow leaves them behind.” The SDR Magic Circle October 1, 2014 By JC Collins This particular briefing that Steve sent is titled China On Way to Joining IMF’s (International Monetary Fund) Reserve Currency Unit. It is subtitled Renminbi Could Enter “Magic Circle” Through SDR (Special Drawing Rights – IMFs currency) Broadening. The paper is dated Monday, September 29, 2014. Let’s not get into what the term “magic circle” implies in the broader sense
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…economic transition which is taking place
(Any terms you don’t understand Google them and clarify.) Approaching Rapid Internationalization of Chinese Currency By JC Collins 14 September 2014 “There are signs lately of growing disaffection with the United States dollar.” – Yves-Andre Istel, former vice chairman of Rothschild Inc. Sometimes the most obvious truths are hidden right in front of our eyes. Our inability to see or acknowledge these realities often leads to sudden jarring moments of realization which can’t be ignored. These rare moments leave us feeling shocked and betrayed but with no one to blame, so the human socioeconomic collective roams the wasted lands of
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