Economy June 2012 Archives
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Everyone on the main stream seems to believe that the continuous meetings between European central bankers and government officials are seeking to save the Euro and to help the governments deal with their sovereign debts. The latest agreement between the EU Council and the Prime Ministers of Italy and Spain is an example of how the bankers are in complete control.
The country of Spain, now completely under the control of Brussels central bankers, has decided to limit the amounts of money people can take out of cash machines and other transactions.
By requesting a financial bailout of its banking system and accepting all measures recommended by Brussels, Spain has effectively walked into the wolf’s den.
It hasn’t been a secret for long, but very few times do viewers watch or listen to guests on main stream media not only accepting the fact that we are all slaves who work for central bankers, but to admit it emphatically on US national television.
Reform of monetary system … IMF should build multiple reserve currencies including SDR and supervise their issuance and cross-border capital flows … Today, the most urgent task for the G20 is reform of the international monetary system.
“Over the last thirty years, the United States has been taken over by an amoral financial oligarchy, and the American dream of opportunity, education, and upward mobility is now largely confined to the top few percent of the population.
It is interesting to read the thoughts from people who were trained in the traditional educational system think about the current global economic crisis. Their explanations are usually filled with theories that they read in their carefully crafted textbooks, which they are more than willing to regurgitate in order to put down someone else’s opinions, as if what they learned from textbooks was an authentic reflection of reality. Unfortunately, college degrees and flashy titles do not provide a real insight into the true reasons why we are in crisis today.
Greeks pulled their cash out of the banks and stocked up with food ahead of a cliffhanger election on Sunday that many fear will result in the country being forced out of the euro.
European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro.
Only this one may not even succeed in buying time – I give it less than a month before some such other piece of bad news comes along to fire the crisis anew. Like all the others, the latest fix seems to create as many problems as it solves.
Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent audits report in just over a week.
Taxes on large Internet providers is an attempt to set the precedent that taxes on the Web are somehow a good idea.
The government in Madrid officially calls for bailout, but refrains from calling it so.
Argentina declared British oil exploration off the Falklands “illegal” on Monday and immediately set about suing five companies for pursuing activities around the contested islands.
Just as advertised, the all mighty global bank has now been announced by European nations in order to save the Eurozone
With the past week’s dismal jobs data in the United States, signs of increasing financial strain in Europe and discouraging news from China, the proposition that the global economy is returning to a path of healthy growth looks highly implausible.
Monsanto is one of the most powerful corporations on the planet and one of a handful that heavily influences government policy when it comes to food production.
It took almost 100 years for the globalists in control of the financial and banking systems to realize that their fraudulent debt-based scheme can no longer be utilized to exploit the people and the resources of the planet.
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