Sometimes those high finance concepts are hard for me to understand, but this cleared it all up. I pass this along in the hope it will help you too. .Understanding Derivatives (Wall Street Finances)- A PrimerHelga is the proprietor of a bar in Detroit.She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar.To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay...
They may be the lowest form of human life, but when it comes to defending their wealth the Financial class are not stupid. They know they need to make us, not them, pay for those debts whatever it costs. That’s why, to quote one leading market analyst, ‘there are still doubts on whether the peripheral countries can deliver on austerity.’ That's their worry now. That is what the financial class sees as the proper and apparently only role of government. DELIVER ON AUSTERITY. That is what...
Mass Strike Surges Through Finland; Could Overturn "Euro" Slave Farm
Written by Administrator
Thursday, 28 April 2011 09:36
In Finnish national elections held April 17, the True Finns party, which opposes the EU-ECB-steered bailouts of the Inter-Alpha banks, stunned the world, and itself, receiving massive backing from the population, and surging from being an obscure minor party, to finishing second, but mere tenths of a percentage point from being the largest party in Finland.
Should We Be Alarmed That The Biggest Bond Fund In The World Has Dumped All Of Their U.S. Treasury B
Written by Administrator
Monday, 14 March 2011 10:10
Bill Gross, the manager of the biggest bond fund in the world, has forgotten more about bonds than most of us will ever learn. That is why the big move that PIMCO has just made is so unsettling. At one time PIMCO held more U.S. government debt than any other bond fund on the globe, but now news has come out that they have gotten rid of all their U.S. government-related securities. So should we be alarmed? For months Gross has been warning that the bull market in bonds is coming to an...
It is the criterion of a just money system that what is both socially and physically possible should also be made financially possible.
-Eric V. Encina
Global Revolution: The Historic Opportunity of 2011!
Written by Administrator
Saturday, 12 February 2011 11:16
by Helga Zepp-LaRouche
(Translated from German)
An unprecedented drama is currently unfolding on the world stage: The Egyptian people are freeing themselves from a dictatorship, in a process comparable to the fall of the Wall in Germany in 1989. The global financial system's situation resembles a minefield, where the tiniest false step can detonate a chain reaction, leading to the complete disintegration of the financial and banking sector, similar to the collapse in the 14th Century...
Has The Financial Collapse Of Europe Now Become Inevitable?
Written by Administrator
Thursday, 27 January 2011 12:06
What in the world is happening over in Europe? Well, it is actually quite simple. We are witnessing the slow motion collapse of the euro and of the European financial system. At this point, many analysts are convinced that a full-blown financial implosion in Europe has become inevitable. Ireland, Spain, Portugal, Italy, France and Belgium are all drowning in an ocean of unsustainable debt. Meanwhile, Germany and the few other "healthy" members of the EU continue to try to keep all...
Premier Wen Jiabao shakes hands with his Russian counterpart Vladimir Putin on a visit to St. Petersburg on Tuesday.ALEXEY DRUZHININ / AFP
St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday.
U.S. dollar printing is huge risk: China c.bank adviser
Written by Administrator
Saturday, 06 November 2010 15:46
BEIJING | Thu Nov 4, 2010 1:45am EDT
(Reuters) - Unbridled printing of dollars is the biggest risk to the global economy, an adviser to the Chinese central bank said in comments published on Thursday, a day after the Federal Reserve unveiled a new round of monetary easing.
Can anyone explain the very strange behavior that we are seeing in world financial markets right now? Corporate insiders are bailing out of the U.S. stock market at a very alarming rate.
The Western commercial system exists to extract more from consumers than it supplies in products and services. Its goal is profit and has never been to improve the human condition but to exploit it. When governments institutionalize this system, they place their nations on suicidal paths, because as Jefferson recognized, "Merchants have no country." It is not terrorism that threatens the security of the Western World, it is the Western World's commercial system.
Since my Summer 1956 forecast of a deep recession to strike suddenly, somewhere during the February-March interval of 1957, I have never published a forecast for the U.S. economy which did not occur as I had foreseen. The reason for this distinction, is that all my putative rivals in such matters have relied on statistical monetarist trend-lines which are inherently incompetent by the very nature of...
Artificial scarcity in a world of overproduction: an ecape that isn't The one strategy open to crisis-ridden capitalism that doesn't risk class antagonism is the creation of artificial scarcity through regimes of intellectual property. Sander explains, however...
The Central Bank of Iran is set to dump a whopping 45 billion euros in exchange for gold bullion and dollars as Gulf states also prepare to flee from the ailing single currency amidst debt turmoil in Europe that threatens to disintegrate the entire region.
It is time to say goodbye to the milleniums-old monster that we had all come to accept as a fixture in our lives. Letting go will not be easy, as the creature had such an impact of the lives of every one of us. This is the the story of it's horrible life.
Our monetary system was a Ponzi scheme. A racket whereby 'investors' were duped into putting their money into a 'sure thing' which rewarded them with 'too good to be true dividends' and zero risk. What the 'investors' did't know, was...
Germany Moves Against British Empire: Government Plans to Forbid All Naked Short Sales
Written by Administrator
Thursday, 27 May 2010 17:39
May 27, 2010 (LPAC) — On May 25, German Finance Minister Wolfgang Schäuble presented a "discussion draft" on the prohibition of ALL naked short sales in Germany, which was sent out to banks and economic groups. This public pre-announcement is quite unusual, and seems to be designed to create a favorable public mood for government measures — in particular, since Geithner is descending on Germany now.
5-25-10 Bob Chapman First 6 months of 2010, Americans will continue to live in the 'unreality'the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications (source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse...
Financial protests: Beginning of the end for Western civilization?
Written by Administrator
Wednesday, 26 May 2010 20:23
Our Sympathies To The People Of Greece (Argentinian)
Written by Administrator
Friday, 21 May 2010 01:45
It's "déjà-vu all over again"!!! By Adrian Salbuchi 5-13-10
When Argentinians watch the news today and see the terrible things that are happening in Greece, we cannot but say, "Hey!! This is EXACTLY like Argentina in December 2001 and beginning of 2002!". Then too, Argentina underwent its worst systemic banking, public debt and monetary collapse which led to social turmoil, mad violence, rioting, and social war. The turmoil was so bad, that it forced then president Fernando...
Webster Tarpley: 1000 pt. stock market crash and Euro Bailouts
Written by Administrator
Friday, 14 May 2010 14:53
Obama Blocks Bankster Bane, Billions in Bailouts for EuroBanks
Written by Administrator
Thursday, 13 May 2010 16:08
May 11, 2010 (LPAC)—Lyndon LaRouche today fiercely denounced the Obama White House and Treasury Department, for simultaneously conducting a vicious campaign to kill the Glass Steagall amendment, introduced by Senators Maria Cantwell (D-Wash.) and John McCain (R-Ariz.), while pushing through a "Super-TARP" bailout of Europe, at American taxpayers expense. "If the Super-TARP bailout is allowed to go forward," LaRouche warned, "there will be blood in the streets. The American people are not...
Greece erupts as men from IMF prepare to wield axe
Written by Administrator
Monday, 03 May 2010 09:30
Anger is intensifying over cuts to be made as part of the EU deal to save the economyMatthew Campbell in Athens
MAY DAY protests in Greece turned violent yesterday as youths in gas masks and hoods set fire to vehicles, smashed shop fronts and threw molotov cocktails and rocks at police in an explosion of fury over austerity measures they claim will hurt only the poor.
Tourists were cut off from their hotels as thousands of communists, civil servants and private-sector workers converged on a...