The stock market speculators are having the best of times, as the Dow Jones Industrial Average hit the 20,000 point milestone for the first time. Continue reading Dow Jones Industrial Average Hits 20,000 for First Time Ever!
Chinese billionaire and Alibaba founder Jack Ma believes that improper distribution of funds and hyper inflated US military spending, not globalization or other countries “stealing” US jobs, is behind the economic decline in America. Continue reading Nobody’s Stealing Your Jobs, You Spend Too Much on Wars | Alibaba’s Jack Ma
In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially. Continue reading Washington is Behind India’s Brutal Demonetization Project
There is an ongoing debate on the merits of capitalism and socialism. It has been strongly argued that Socialism breeds dependency and unproductive citizenry.
For any financial system to work, it must earn the respect and trust of its participants. This requires every financial instrument to have the integrity as to its true value and redeemability, as readily established through a mutually verifiable transparent mechanism.
Business and political leaders are gathering today in St. Petersburg, Russia. The various interest groups present are aiming for a full industrial integration worldwide.
The Transatlantic Trade and Investment Partnership is not just meant to isolate China from global trade but to weaken what’s left of the protective trade barriers that nations are struggling to sustain.
Some very striking developments between East and the West in the realm of economics are happening very recently. What we thought would take more years to start is already here.
The Silk Road is well on course and the first train of goodies from China has arrived in Iranian railway terminals to inaugurate post-sanction Iran.
The highly anticipated elimination of cash in favor for full electronic transactions is about to be implemented in Norway, Denmark, and Sweden.
International cargo vessels today are all docked and anchored in most seaports all over the world, and the last trips they may have had were for the December holidays shopping spree.
As of yesterday, the most prominent global indicator for international shipment of physical goods, the London-based Baltic Dry Index, is in free fall.
The global market can’t afford to buy Chinese goods anymore, and so the post-Christmas season is absolutely bleak for China based industries.
This fact and the inherent speculative character of the whole system provided the tsunami enough to plunge the Chinese stock market just a few hours from the opening bell today.
States with standing, overdue loans do not qualify for a new IMF loan. IMF, in violation of its own rules, just lifted the ban on loan to states with overdue accounts, particularly Ukraine .
The Fund is said to be giving Ukraine a new loan tranche which includes condition of Kiev not to pay Russia.
Back in late 2014, China projected that its off-shore direct investments will reach $1.2 trillion, Financial Times reported. Today, China’s outbound direct investments has been projected to reach $1 trillion by the end of the 2015.
This is real positive action at work instead of microphone diplomacy and doublespeak.
When the legendary Nikola Tesla presented his World System, i.e. free energy broadcast system, to John Pierpont Morgan, the latter not only withdrew his financial support for the futuristic project, he also sent men to demolish the Tesla Magnifying Transmitter and burn his laboratory down in Wardenclyffe, Colorado Springs.
JP Morgan believed he could not put a meter on it. He was wrong of course.
Governments are corporations, but too many are ignorant of this fact and they keep participating and electing leaders they hope are going to serve their interests. Sometimes, a good leader does emerge and when that happens, the Corporatocracy is threatened.
While the Roman Empire of the West still reeling on what hit them yesterday and a week before, over 40 states including China, Thailand, Indonesia and even Cambodia are signing free trade agreements with the Russia-led Eurasian Economic Union.
Fasten your seat belts; the long anticipated final phase of the global financial reset is already here.
There’s no doubt that the West can still play its military and proxy based color revolution cards but at the end of the day the entire strategy is dependent on their ability to print more paper currency that the armies on the ground are being paid with.
Another chemical plant with 300,000 tons of adiponitrile exploded in China at 8:50 PM last night. That’s the second chemical storage to have been blown in a week, and we are asking ourselves why after decades of unprecedented economic progress, they still haven’t learn how to do things properly.
Is that really the case here?
This is a confirmation of Ben Fulford’s assertion months ago that the Saudi’s deliberate flooding of cheap oil in the world market was meant to destroy the US economy more than that of Russia.
Here are some workable ideas on how America could return to sanity and once again set a good example for the world, i.e. be a beacon of hope and freedom for all.
The Greeks are defying the British Empire dictated, one-sided bailout package as accepted by the Tsipras pseudo-Socialist government, by returning to the old cashless exchange of goods and services, i..e. bartering. This is obviously making the job harder for the local corporate Tsipras government by not being able to collect the necessary taxes to serve its imperial debt obligations.
China is reportedly actively intervening in the Eurozone crisis especially with the issue on Greek default and has promised to throw in more funds to force both parties to continue talking.
The key to TTIP is the so-called Investor-State Dispute Settlement mechanism that essentially gives corporations free reign to sue governments using a “failure to implement” provision, if state policies or legislation interfere with profits. But is this all about trade?
When the creation of the Federal Reserve was being planned and implemented it was all done in total secrecy, and we can forgive ourselves for not knowing all of the facts then because there was no mechanism such as big and pervasive as the internet.
But now that we do, we don’t really have any valid excuse why we are not doing anything to stop the TTIP.
The ongoing megaprojects linking Europe and Asia will undeniably result to the remapping of the world economy. But for whose benefit will it be in the end?
The latest Keenan update indicated that there will be no “debt jubilee”, but only currency revaluations.
The China International Payment System (CIPS) is due to kick off this year, bringing the yuan a step closer to becoming a global trading currency, as the new system will make payment transfers just as easy as in dollars and euro.
The head of the Russian State Duma’s Foreign Affairs Committee, Aleksey Pushkov announced that the United States is “making money” by increasing trade with Russia while telling Europe to stop doing business with the country.
Europe’s Oligarchy has been caught off-guard by the look, style and character of the new finance minister in Greece, and they have all reasons to be.
There was a Foreign Ministers’ Meeting between Russia, India and China held a day ago, discussing broad issues, from regional cooperation to global financial reforms.