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Economy-budget

  • China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings
    25 April 2011 par (Open-Publishing)

    China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings
    Submitted by Tyler Durden on 04/24/2011 11:05 -0400
    Hyperinflation Monetary Policy
    All those who were hoping global stock markets would surge tomorrow based on a ridiculous rumor that China would revalue the CNY by 10% will have to wait. Instead, China has decided to serve the world another surprise. Following last week’s announcement by PBoC Governor Zhou (Where’s Waldo) Xiaochuan that the country’s excessive (…)

  • Autumn 2011 – Budget/T-Bonds/Dollar, the three US crises which will cause the Very Serious Breakdown
    24 April 2011 par (Open-Publishing)

    GEAB N°54 is available! Global systemic crisis: Autumn 2011 – Budget/T-Bonds/Dollar, the three US crises which will cause the Very Serious Breakdown of the global economic, financial and monetary system Public announcement GEAB N°54 (April 16, 2011) -
    The 15 September 2010, GEAB N°47 issue was headed « Spring 2011: Welcome to the United States of Austerity / Towards the very serious breakdown of the world economic and financial system ». Yet at the end of summer 2010, most experts believed (…)

  • U.S. in 2012: Food Riots, Tax Rebellions
    23 April 2011 par (Open-Publishing)
    2 comments

    Gerald Celente Predicts, Food Riots, Tax Rebellions
    Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
    http://www.lewrockwell.com/celente/celente66.1.html

  • Gulf Coast Officials Enjoy Spending Spree at BP’s Expense
    17 April 2011 par (Open-Publishing)

    In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets, vehicles and gear — much of which had little to do with the cleanup, an Associated Press investigation shows.
    The oil giant opened its checkbook while the crisis was still unfolding last spring and poured hundreds of millions of dollars into Gulf Coast communities with few strings attached.
    By Michael Kunzelman, Mike Schneider, (…)

  • BRICS Meeting in Sanya (China): Local currencies to replace dollar
    14 April 2011 par (Open-Publishing)
    1 comment

    BRICS Meeting in Sanya (China): Local currencies to replace dollar
    Sanya (China), April 14 (IANS) Brazil, Russia, India, China and South Africa – the BRICS group of fastest growing economies – Thursday signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.
    The agreement, the first-of-its-kind, was signed at the 3rd BRICS summit here attended by Indian Prime Minister Manmohan Singh, China’s Hu Jintao, Brazil’s Dilma (…)

  • End of 2011: Fall of the “Petro-dollar wall” and a major monetary-oil shock for the United States
    5 March 2011 par (Open-Publishing)

    Public announcement GEAB N°52 (February 16, 2011)
    With this issue our team is celebrating two important anniversaries in anticipation terms. Exactly five years ago, in February 2006, the GEAB N°2 suddenly encountered worldwide success by announcing the next "Triggering of a major global crisis" characterized especially by "The end of the West as we have known it since 1945”. And exactly two years ago, in February 2009, in the GEAB N°32, LEAP/E2020 anticipated the start of global (…)

  • On Charles Ponzi Day We Celebrate Another All Time Record In Food Stamp Usage
    4 March 2011 par (Open-Publishing)

    Bernanke’s plan to recreate Libya in our own back yard is continuing to work magnificently.
    It is no surprise that on Charles Ponzi day, the update to food stamp usage indicates that in December those receiving an average of $134 per month has just hit 44.1 million people.
    These lucky people will soon be able to buy an inflation adjusted 2.3 crumbs of notional bread with this generous handout from the Chairsatan.
    In other words, America is now the land of the free, home of the brave, (…)

  • Nuclear waste wasting billions of German taxpayers’ euros
    3 March 2011 par (Open-Publishing)

    A cash-strapped German state will fork out billions of taxpayers’ euros to deal with nuclear waste produced by an industry two out of three Germans want axed.
    And it won’t even be for permanent disposal, because worldwide there’s no safe technology for that.
    For years, anti-nuclear activists have demanded to no avail that the nuclear power industry fund the waste handling problem. One group, the Bürgerinitiative Umweltschutz Lüchow-Dannenberg, which has fought waste dumping at the (…)

  • Egypt’s Social Crisis: Financial Bonanza for Wall Street Investors and Speculators
    6 February 2011 par (Open-Publishing)

    Egypt’s Social Crisis: Financial Bonanza for Wall Street Investors and Speculators Hidden Agenda behind Mubarak’s Decision Not to Resign?
    by Michel Chossudovsky Global Research, February 6, 2011
    Mubarak’s decision not to resign was taken in close consultation with Washington. The US administration including US intelligence had carefully identified the possible scenarios. If Washington had instructed Mubarak to step down, he would have obeyed forthright.
    His decision not to resign (…)

  • The first half of the decade marked primarily by world geopolitical dislocation
    5 February 2011 par (Open-Publishing)

    The first half of the decade marked primarily by world geopolitical dislocation Except book "World crisis - The Path to the World Afterwards" by Franck BIancheri, Director of Studies at LEAP and GEAB coordinator -
    The crisis, because it wasn’t anticipated by world leaders, is advancing at its own speed. In 2009 the financial efforts, without historical precedent, of the United States, Europe, China, Japan and other countries have allowed only two things to happen: to anesthetize the (…)