Showing posts with label Economic. Show all posts
Showing posts with label Economic. Show all posts

Sunday, July 22, 2012

Those Who Predicted the Economic Crisis now Give Warnings

Federal Reserve Interest Rates - Those Who Predicted the Economic Crisis now Give Warnings.
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How is Those Who Predicted the Economic Crisis now Give Warnings

Those Who Predicted the Economic Crisis now Give Warnings Tube. Duration : 13.23 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Ron Paul and Peter Schiff both accurately predicted the housing bubble and coming economic recession. This video includes clips from multiple sources showing what they said pre crash, and what their current warnings are. Sources: www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com
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Where's the Economic Recovery? Ben Bernanke Lives in Candy Land!

Federal Reserve Interest Rates - Where's the Economic Recovery? Ben Bernanke Lives in Candy Land!.
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How is Where's the Economic Recovery? Ben Bernanke Lives in Candy Land!

Where's the Economic Recovery? Ben Bernanke Lives in Candy Land! Tube. Duration : 9.83 Mins.


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Friday, July 20, 2012

THIS IS ECONOMIC ARMAGEDDON 2.0

Federal Reserve Interest Rates - THIS IS ECONOMIC ARMAGEDDON 2.0.
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How is THIS IS ECONOMIC ARMAGEDDON 2.0

THIS IS ECONOMIC ARMAGEDDON 2.0 Video Clips. Duration : 10.70 Mins.


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Tuesday, July 17, 2012

Fiscal procedure and the spellbinding Economic Environment

Federal Reserve Interest Rate History - Fiscal procedure and the spellbinding Economic Environment
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In the face of the increasingly alarming global economic crisis, the Philippine government, as the institutional embodiment of the sovereign authority of the Filipino people, is challenged to fulfill its constitutional mandate to protect the general welfare.

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How is Fiscal procedure and the spellbinding Economic Environment

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Debates over what government must do to save the cheaper are happening approximately everywhere, from group offices and school classrooms to wet markets and barber shops. It is argued that it is straight through its fiscal administrative power that government attempts to resuscitate the dying economy.

Public fiscal management commonly refers to the formulation, implementation and appraisal of policies and decisions on taxation and earnings administration; reserved supply allocation, budgeting and group expenditure; group borrowings and debt management; and accounting and auditing (Briones 1983:2).

The hope of seeing real economic progress seems to be dependent on the success of the whole fiscal policy process. Fiscal policy derives its meaning and direction from the people's aspirations and goals which are said to be embodied in the Medium Term Philippine development Plan.

"The basic task of the Medium Term Philippine development Plan...is to fight poverty and build prosperity for the most estimate of the Filipino people. We must open up economic opportunities, enounce socio-political stability, and promote good stewardship-all to ensure a good ability of life for all our citizens. We will focus on strategic measures and activities that will spur economic increase and originate jobs. This can only be done with a base purpose to put our economic house back in working order" (Arroyo 2004).

But the big demand is: how does government carry out its fiscal administrative function to of course cushion the Filipinos from the adverse effects of the onrushing global financial crisis?

The Fiscal policy as a Political Process

Lying at the heart of group fiscal management are the fiscal policies shaped by the socio-economic and political interaction of internal and external policy environment. Internal policy environment includes the decision-making agencies of government such as Congress, the Office of the President and its sustain agencies, the National Economic and development Authority, the department of budget and Management, the department of Finance, and the Commission on Audit, among others. Internal environment also includes the underground sector, interest groups, non-government organizations and people's organizations in the society.

The external policy environment, on the other hand, encompasses foreign interest groups composed of international financial institutions like the World Bank (Wb), the International Monetary Fund (Imf), and the Asian development Bank, among others. Moreover, external policy environment includes the international agreements and economic cooperation such as the general deal on Tariffs and Trade (Gatt), World Trade assosication (Wto), Asia and the Pacific Economic Cooperation (Apec), the relationship of Southeast Asian Nations (Asean), the assosication of Petroleum Exporting Countries (Opec), and institutions that expand official development assistance (Oda), among others (Cuaresma 1996:46).

Professor Leonor Briones of the U.P. National College of group management and Governance claims that "these foreign interest groups prefer to enounce a low profile in local fiscal politics. They do not have to come out in the open anyway-the Wb-Imf has quarterly consultations with Philippine officials due to the enormity of the Philippine group debt; the Mnc's [multinational corporations] are represented by local dummies, and the foreign creditors by their Filipino proxies. In the open political contest, these foreign interest groups express their preferences by financially supporting their politicians. Where the local technocrats and bureaucrats are more requisite in fiscal policy administration, they attempt to influence their nomination and appointment." (Briones 1983:97)

This only means that the financial health of the country is at the mercy of the international financial creditors and policy bodies that issue our fiscal prescription. While it is often argued by scholars that the field of group management must not be political in its very nature, fiscal management as its sub-field is not free from political maneuvering as it is operating within the political system.

From the scholarly view of Professor Briones, fiscal policy has four major functions: (1) the budget function, (2) the distribution function, (3) the stabilization function, and (4) the development function.

The major fiscal instrument in the budget function of fiscal policy is the national budget. In general, a national budget is the financial plan of the government for a given fiscal year, which shows what its resources are, and how they will be generated and used over the fiscal period. The budget is the government's key instrument for promoting its socio-economic objectives. The government budget also refers to the income, expenditures and sources of borrowings of the national government that are used to achieve national objectives, strategies and programs.

In developing countries like the Philippines, gaps between the rich and the poor are insurmountable. Thus, distribution of earnings and wealth is a serious problem. The distribution function might have serious implications for tax and expenditure policies. Recently, a record came out saying that the department of Finance (Dof) planned to jack up the sales tax or value added tax (Vat) to 15 percent from the current level of 12 percent to raise much-needed earnings to plug the country's ballooning budget deficit which hit a record P298.5 billion last year (Agcaoili 2010).

The record makes the fiscal debates even more heated as the issue of stability, another function of fiscal policy, is now the branch of concern. Often, government resorts to expanding taxes to have the means of group spending or avoid budget deficit. But it is known to many the myriad tradeoffs it can create.

People often hear in the news the fiscal plans created by government all in the name of "development," another function of fiscal policy. Perhaps, this word is the most overused, if not abused, word in the political arena.

Development is multi-faceted. The word itself is nice to the ear. But it is a "very costly commodity" in the words of Professor Briones. In order to translate development into reality, financing is, of course, needed. In harmony with other measures, fiscal policies are improbable to originate resources in order to finance development activities (Briones 1983:55). In loan-dependent countries like the Philippines, generating resources means borrowing more and paying even more.

Over one third of our national budget goes to debt servicing. With the widening fiscal deficit, the national government's debt now amounts to P4.42 trillion, accounting for more than half of its Gdp and more than three times the government revenues if creditors were to call the debts in. The Philippines relies heavily on domestic and foreign borrowings to bridge its fiscal gap, which is improbable to hit a record P325 billion this year (abs-cbnNewscom).

The intriguing Economic Environment

Borrow more. Tax more. Pay more. It is a vicious cycle. It is without a doubt that the Philippines, the then great tiger in Asia, has transformed into a desperate pussycat roared by the giant financial institutions to which we are heavily indebted. The Filipino citizen become victims of immoral and debilitating conditionalities imposed by the Imf and the international financial oligarchy.

The economic situation becomes even more difficult as the world is facing what many economists review as the worst economic emergency in history. The credit emergency in the Us has accelerated the rate of financial meltdown all over the world, development the international lending institutions more eager than ever to force heavily indebted countries like the Philippines to citation a pound of flesh from their people. The national government's total indebtedness has ballooned as a supervene of sudden and sharp currency depreciation during this requisite time of global economic uncertainties.

In response to minimizing the impact of the global economic downturn, the Philippine government embarks on measures aimed at stimulating distinct performance in all sectors of society. Previous Socioeconomic Sec. Ralph G. Recto, for example, proposed stimulus container intended to keep the cheaper afloat. As a consequence, Economic Resiliency Plan (Erp) was put in place to supposedly carry on to sustain economic increase by fiscal policy adjustments alongside the implementation of pump-priming programs and vital projects and activities.

The Previous Neda Chief naturally argues that the government intends to battle the gift emergency by expanding spending straight through what he calls stimulus package-a fiscal and monetary strategy that is very Keynesian in nature. The Erp basically entails "ensuring resources straight through good earnings collection; enhancement of cash liquidity, way to credit and low interest rates; and more productive spending. It seeks to ensure carport growth, save and originate jobs, provide assistance to the most vulnerable sectors, ensure low and carport prices, and heighten competitiveness in preparing for the global economic rebound" (Recto 2009).

This stimulus package, however, is a mere pain reliever. It doesn't cure the cancer, which is the emergency itself. A major surgical operation operation, therefore, is needed.

Think out of the Box: A Fiscal Strategy for the general welfare

"There's life after the Imf."

These are the words of then President Nestor Kirchner of Argentina when he defied the predatory financial institutions that imposed belt-tightening measures on his people.

The newly elected Philippine President Noynoy Aquino must do the same. He must have the courage to disassociate himself from the deceptive patrimony of "honor all debts" policy of his mother. The traditional government action plan for debt management such as bond exchanges, maximizing the use of Oda, guarantees for Goccs, and more borrowings, will not originate continuing economic growth.

The Philippines, as an independent nation, with all dignity and courage, must therefore enounce a moratorium on foreign debt payments. This will allow our country adequate time to rebuild and progress our productive corporal economy.

Through this fiscal strategy, the country can channel huge estimate of its each year budget, instead to debt servicing, towards productive educational system, productive healthcare system, and sustainable scientific explore centers focused on food production, health maintenance, and industry. Consequently, this will encourage real venture into agro-industrial and manufacturing sectors and ensure a genuine path towards development.

To seriously participate in the global attempt to save the world's economy, the Philippine government should join the growing worldwide call for a new financial ideas of fixed replacement rates. This new financial ideas is said to put an end to the financial tsunami hitting approximately all nations in the world today. Proposals are made by the Governments of Italy, Argentina, Malaysia and a growing estimate of countries, institutions, statesmen and patriots aiming at changing the global financial structure based on the tradition of the Bretton Woods deal of 1945 (Philippine LaRouche community 2004)

The issue of fiscal policy amid global emergency is of course a very complex and thought-provoking issue. The crisis, which we now face as a nation, requires intriguing understanding of the question and courageous act to do what is right for the advantage of the gift and future Filipino generations.

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ECONOMIC COLLAPSE: US Dollar Falls! Gold and Silver Bullish, Stock Crash on Its Way! 6-4-2011

Federal Reserve Interest Rates - ECONOMIC COLLAPSE: US Dollar Falls! Gold and Silver Bullish, Stock Crash on Its Way! 6-4-2011.
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How is ECONOMIC COLLAPSE: US Dollar Falls! Gold and Silver Bullish, Stock Crash on Its Way! 6-4-2011

ECONOMIC COLLAPSE: US Dollar Falls! Gold and Silver Bullish, Stock Crash on Its Way! 6-4-2011 Tube. Duration : 16.80 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Stock Market Trading andEconomic forecast using common sense analysis and decision making techniques. Focus is on the US Dollar, Commodities (CRB Index), Bonds (10 Yr. Treasuries), and the Stock Market (DJIA 30). Gold, silver and oil are often discussed when relating to commodities. Stocks discussed this week include: Hansen's Natural, Polypore International, Edwards Lifescience, Altera Corp, and Tempur Pedic. Each week the worst stock is sold and a new stock is added!
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Friday, July 13, 2012

2011 Economic Forecast-Part 1: The World Forecast From a Us Perspective

Federal Reserve Interest Rates History - 2011 Economic Forecast-Part 1: The World Forecast From a Us Perspective
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2010 is ready for the history books and most of us are glad that year is finally in the rearview mirror. Worldwide economic collapse was avoided in 2009 and the global cheaper stabilized and strengthened some in 2010. However, the pace of saving was very modest in 2010, constrained by the prolonged effects of the Us recession suppressing demand and curtailing imports, and the Eu euro dollar debt accident diverting hundreds of billions from the capital markets to fund internal accident loans. With all the conflicting forecasts and lackluster predictions, what will the future hold for 2011? Here's my forecast for the coming year.

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How is 2011 Economic Forecast-Part 1: The World Forecast From a Us Perspective

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The World View from the Us Perspective

Overall, the world economic saving is very fragile and economic power is rapidly concentrating in just a few nations surface the Us; the Opec oil exporting countries, the European Union, and China.

Opec

It's old news that economic power continues to grow in the oil exporting nations that we send our dollars to. What might be new news is that the much foreseen, peak in worldwide production occurred in 2007 and 2008, much sooner than most predictions. China's emergence as a major crude importer caused worldwide demand to outstrip production capacity for the first time in history, resulting in spot shop prices that reached record levels. Remember 0 per barrel crude and its succeed on fuel prices?

While many nations export crude, the Opec cartel in general, and Saudi Arabia in particular, tries to equilibrium their production to have provide exactly meet worldwide demand. Opec's goal is to get maximum value for its diminishing resource, while balancing the knowledge that too slight provide will drive up prices and push the world cheaper into recession (which results in lower production and income for their member countries). Expect the Saudis to vary their production to try and hold spot shop price at -0/bbl to perform this balance.

However, China's emergence onto the world stage to compete for ready oil supplies means that the era of cheap energy is ending. We just haven't realized it yet because the Great recession in the Us (the world's biggest importer) has temporarily reduced its internal consumption and made more provide ready on the world market.

In the meantime, China has additional increased its crude oil imports, taking up some of the slack. In this scenario the stage is set for an large growth in oil prices when the Us cheaper recovers and returns to importing at old levels to meet its energy needs.

The Opec lowest line - The most likely scenario is for a slow, steady growth in crude oil prices throughout 2011 as the global cheaper gradually recovers.

An alternative scenario is for crude prices to remain essentially stable if demand is suppressed by chronic recession in the United States or China's real estate bubble bursts, sending it into economic recession (see below for more on this possibility).

Europe

The once robust European Union is more and more often being viewed as a misfit conglomeration of "have" and "have not" countries.

Germany and France are the economic powerhouses of the Eu. The economic weaklings are the so-called Piigs countries, Portugal, Italy, Ireland, Greece, and Spain, whose national budgets have been fueled by huge levels of deficit spending for any decades. In many cases now servicing the associated debt consumes double digit percentages of their national allocation (Ireland's is an phenomenal 32%!) and is straining them to the breaking point.

There is large fear that these countries could default on their national debt obligations, dragging down the value of the euro dollar and endangering the economies of every Eu member. In 2010 Germany led the bailout endeavor for Greece, which has had to sell out its national allocation by a whopping 12%. The reduction in customary government services and associated layoffs has not been received well by its citizens as news coverage of the many nationwide demonstrations has shown.

Ireland, which offered token resistance to the idea of a Eu bailout, was next on the list. Arguably, it's in the worst financial shape of any of the Eu member nations for two reasons. First, many years of deficit spending in concert with so many of it's sibling Eu members.

However, unlike other Eu nations, Ireland also had its own real estate bubble growing, which finally (and inevitably) burst. Irish banks began to go insolvent when the values of mortgaged real estate dramatically declined. To quell a rising financial panic the national government then took the bold (and very risky) step of publicly guaranteeing all deposits, after the fact, in order to stave off economic collapse. Unfortunately, the large resources required to make good on that certify coupled with inadequate regulatory oversight to spot troubled banks before they failed, exceeded even what the Irish government could muster. The Irish government is now sporting a new 0B+ Eu loan to bailout its banks and keep the cheaper functioning.

But, like Greece, the Irish bailout came at a cost of laying off thousands of government workers (further pushing up unemployment), cutting government salaries, and, most unfortunately, cutting the government pensions of those already retired. And also like Greece, Irish citizens are protesting in the streets over the reduction in salaries and services.

The creditworthiness of these countries had declined to the point where they were unable to borrow on the world shop (at cheap interest rates) to fund their governments, and they wouldn't have been able to borrow at all if they had retained their national currency. Next on the bailout list may be Portugal or Spain.

Note that Great Britain, which still uses the pound sterling and not the euro, is currently running equally high allocation deficits, although for fewer years than its European neighbors. It has begun allocation reduction efforts driven by 2010 selection results, which has resulted in the many civil aid layoffs since World War Ii and has reduced this once proud world power, whose national anthem is Rule Britannia, to investigating the sale of the Royal Mail aid to a foreign company and exploring ways of sharing operating costs of its new aircraft carrier with rival France.

Will the value of the euro dollar collapse or be abandoned by some Eu members? It's unlikely in the intermediate term because the weaker nations don't want to leave a currency backed by economically stronger nations. If stronger nations like Germany and France reverted back to the mark and franc, they would suffer an avalanche of capital inflow from those abandoning the weakened euro to seek currency stability.

The 2011 Eu lowest line - The Eu will remain intact and (with the exception of Great Britain) will remain committed to the euro. That stability is good for the world recovery. However, Eu economies as a whole will underperform because of the hundreds of billions of euros in internal loans that will be diverted to bailout its weaker members. Look for the Eu to form some type of controls to preclude its deficit spending members from chronic to drag down the whole Union. The Eu's potential to be an economic powerhouse will be unfulfilled until the finances of its major members are set in order.

China

Economic power is rapidly shifting east and military power will soon follow. China is Very rapidly spicy beyond being merely a technologically backward player to becoming a dominant force on the world economic stage. One example of China's pace of improvement is its achievement of being only the 3rd nation in the world to place a human being in orbit, a excellent feat by any measure.

China is awash in the dollars amassed from their long term trade surplus with the Us, so many in fact, that they cannot turn them into the yuan, the Chinese national currency, to directly power their cheaper because dumping such a huge amount of dollars on the open shop to buy up the ready yuan would severely devalue the dollar (sudden oversupply) and drive up the value of the yuan (sudden scarcity), production Chinese exports much more expensive. Obviously China doesn't want to impair its export driven cheaper by production those exports more expensive.

So, what is China doing with all the dollars it's keeping but can't convert? It's approximately nothing else but buying entire countries and continents!

China is aggressively spicy to regain sources of raw minerals to ensure that its economic improvement can continue. It has invested heavily in Australian mining companies to the point where Australia now derives a critical measure of its Gdp from mineral sales to China. China wants to additional growth its ownership stake in these Australian corporations, but the Aussie government has refused to allow additional investment prominent to majority ownership, fearing a faultless takeover of its national mineral wealth.

China is also investing heavily in natural resources over the African continent. Africa has very few large cap mining corporations on the continent (DeBeers of South Africa being one of the few exceptions), so China is dealing directly with each country's national government to negotiate exclusive deals to form their mineral wealth.

For African nations, in exchange for the exclusive right (key words) to exploit their mineral resources China offers to use its financial and technological muscle to rapidly form the mines, often located in remote areas, and associated infrastructure like rail lines and ports, along with guarantees to employ a large segment of a nation's habitancy in each mine's operation.

This rags-to-riches promise is obviously spicy to impoverished governments with slight economic means to form their mineral resources on their own, but it comes at a terrible price. So far the workforce for these mines has nothing else but been hired locally, but their new work situation is far from Utopian. In most cases they "work for the company store" as was coarse in the Usa a century ago, are charged exorbitant rent for living in barracks far from home, and make nearly every purchase at high price from local retailers thoroughly owned by the company. As you might suspect, slight is left to send home to the house after meeting these expenses.

Meanwhile, supervision remains firmly in the hands of the Chinese corporations, effectively preventing African nationals from gaining supervision taste and improving the intellectual capital of their country.

The succeed of all this performance will be to ultimately drive up the cost of strategic minerals worldwide as China locks up the remaining mineral resources essentially at the cost of extraction.

Finally, China is in the midst of its own housing bubble fueled by rampant real estate speculation, very similar to what the Us experienced early in this century. The rapidly growing Chinese middle class has very few financial instruments to spend in, but real estate is ready to anyone with sufficient cash to fund the purchase. In a Chinese version of Flip This House, individuals and extended families are investing in real estate for the sole purpose of the prospect of selling in the near future at large profit.

After watching the fallout when the bubble burst on the American market, Chinese officials recognize the dangers and are taking steps in their command-and-control cheaper to cool things off. Recently, foreigners have been slight to a purchase of a singular home in China, the government is urging banks to curtail credit used for real estate purchases (not foreseen, to have much of an succeed since most purchases are 100% cash), and is talking about limiting the amount of houses, apartments, or condos that their citizens can own at one time.

If the Chinese real estate bubble bursts causing a huge loss of personal net worth like the American bubble did, you can expect China's internal consumption to dramatically decline, reducing the volume of consumer goods that China imports from around the world. A dramatic reduction in Chinese imports could tip the world back into recession as exporting nations lose the jobs and income exporting to China provides.

The 2011 China lowest line - China's consumption of world resources has reached the point where it affects worldwide shop pricing and availability. If China's cheaper continues to perform well in the coming year, it will compete more aggressively on the open shop for slight global resources.

Much depends on either the government can reign in internal real estate speculation. The most probable scenario is that China will successfully cool off the overheated housing shop that threatens its economy. However, if the real estate bubble bursts, then China's new middle class will lose a critical measure of its wealth, driving down internal consumption. Dramatically reduced imports of luxury goods and high end artificial products will impact the global saving and could yield other global recession.

The 2011 World Economic Forecast

Most likely scenario - Slow, steady economic improvement as the Eu powerhouses (Germany and France) continue to fund bailouts of its heavily indebted partners in the euro dollar and China avoids its own economic recession by deflating its real estate bubble.

Alternative scenario - Worldwide recession if any European nations abandon the euro dollar and revert to their own sovereign national currencies or China's real estate bubble bursts, seriously reducing its internal consumption and the imports it drives. The recession could be severe in this scenario, since the United States' own economic saving will not have progressed to the point where it can make up for the reduced demand on the world market. The countries who will be least affected and could emerge as new economic superpowers would be Germany, France, and the Opec countries who have amassed decades of oil trade surplus funds.

I share my economic forecast for the Us in 2011 Economic Forecast - Part 2: The United States (Us).

Which scenario will come to pass? It's hard to tell because we haven't been here before, but I've shared my best guess. Do you think I nailed it or do you have a different opinion? I look send to your thoughtful comments, insight, and opinions.

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Friday, July 6, 2012

ECONOMIC COLLAPSE: US Dollar Up! Gold, Silver and CRB Support, Stock Crash Coming? May 21 2011

Federal Reserve Interest Rates - ECONOMIC COLLAPSE: US Dollar Up! Gold, Silver and CRB Support, Stock Crash Coming? May 21 2011.
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How is ECONOMIC COLLAPSE: US Dollar Up! Gold, Silver and CRB Support, Stock Crash Coming? May 21 2011

ECONOMIC COLLAPSE: US Dollar Up! Gold, Silver and CRB Support, Stock Crash Coming? May 21 2011 Video Clips. Duration : 18.67 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Stock Market Trading andEconomic forecast using common sense analysis and decision making techniques. Focus is on the US Dollar, Commodities (CRB Index), Bonds (10 Yr. Treasuries), and the Stock Market (DJIA 30). Gold, silver and oil are often discussed when relating to commodities. Stocks discussed this week include: Jinko Solar, Polypore International, Edwards Lifescience, Altera Corp, and Tempur Pedic. Each week the worst stock is sold and a new stock is added!
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Tuesday, June 12, 2012

Peter Schiff - How to Profit From the Economic Collapse

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How is Peter Schiff - How to Profit From the Economic Collapse

Peter Schiff - How to Profit From the Economic Collapse Video Clips. Duration : 3.78 Mins.


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Wednesday, June 6, 2012

Ron Paul: The Entire Economic System is Subprime

Federal Reserve Interest Rates - Ron Paul: The Entire Economic System is Subprime.
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How is Ron Paul: The Entire Economic System is Subprime

Ron Paul: The Entire Economic System is Subprime Tube. Duration : 5.78 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Ron Paul questions Ben Bernanke - 11/08/2007 - Hearing of the Joint Economic Committee - The Economic Outlook The best way to I could describe the problems that we face here in this country, as well as the problem that the Federal Reserve faces, is that we're indeed between a rock and a hard place, because we have a serious problem. We don't talk much about how we got here. We talk about how we're going to patch it up. The bubble has been burst. We saw what happened after the NASDAQ bubble burst. We don't ask how it was created. And then we have a housing bubble, and it's deflating and then spreading. And yet, nobody says, where does it come from? And what do -- what is the advice that you generally get? And that is, inflate the currency. They don't say, inflate the currency. They don't say, debase the currency. They don't say, devalue the currency. They don't say cheat the people who are saved. They say, lower the interest rate. But they never ask you, and I don't hear you say too often, the only way I can lower interest rates is I have to create more money. I have to lower the discount rate. I have to make it generous. I have to increase reserves. I have to lower the interest rates and fix the interest rates, overnight rates. And the only way you can do this is by increasing the money supply. And I see this as the problem that we don't want to talk about. Currently, of course, we can't follow the money supply with M3, but we can follow one of your statistics, which is ...
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Saturday, May 26, 2012

Stock Market / Economic Report for March 10 2011

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Stock Market / Economic Report for March 10 2011 Tube. Duration : 4.40 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Stock Market andEconomic forecast using common sense analysis and decision making techniques. Focus is on the US Dollar, Commodities (CRB Index), Bonds (10 Yr. Treasuries), and the Stock Market (DJIA 30). Gold, silver and oil are often discussed when relating to commodities. Follow the show at wealthguardshow.com
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Tuesday, May 22, 2012

Part Three of Six Parts_ Credit As A Public Utility_ The Solution to the Economic Crisis.flv

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How is Part Three of Six Parts_ Credit As A Public Utility_ The Solution to the Economic Crisis.flv

Part Three of Six Parts_ Credit As A Public Utility_ The Solution to the Economic Crisis.flv Video Clips. Duration : 23.83 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . via dandelionsalad.wordpress.com and with permission from Richard C. Cook Part Three of Six Parts: Credit As A Public Utility: The Solution to the Economic Crisis "The Collapse of the Financial System" Written and Produced by Richard C. Cook Summary: The collapse we are seeing today began in the financial system, not the producing economy. The crisis started with the housing bubble which the Federal Reserve created by cutting interest rates and then brought own by raising them. The trigger of the 2008 bank meltdown was refusal by European banks to purchase any more "toxic" US debt based on mortgages and sold as securities. Now, with the decline in equity values, the burden of debt in our economy has grown even larger. Thus a renewal of bank lending will not solve the problem, while the economic stimulus program of the Obama administration is likewise insufficient to restore economic health. Richard C. Cook is a former US Treasury analyst who also worked in the Carter White House and for NASA and writes on public policy issues. His new book is We Hold These Truths: The Hope of Monetary Reform (Tendril Press 2009). His website is www.richardccook.com. He is a member of the US Basic Income Guarantee Network and has been an adviser to Congressman Dennis Kucinich and the American Monetary Institute. Purchase the DVD at Richard C. Cook's website
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Tuesday, May 15, 2012

Predictions of an Economic Collapse in China

Federal Reserve Interest Rates - Predictions of an Economic Collapse in China.
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How is Predictions of an Economic Collapse in China

Predictions of an Economic Collapse in China Video Clips. Duration : 7.23 Mins.


We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Join The Wave: www.GreeneWave.com Donate www.paypal.com China gave a huge warning to global capital markets Wednesday with its abrupt decision to lower its short-term bank lending rate by 50 basis points. This signals a desperate reversal from its recent trend of raising interest rates to control inflation. I argue that China's real estate market is exhibiting the same warning signs we saw in the US housing market prior to the 2008 collapse as well as the assumption that China has largely been fabricating its annualized GDP numbers under the guise of a phony credit expansion. The reality is...Global GDP growth is contracting and this will ultimately lead to poverty and war.
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Wednesday, May 9, 2012

extra report - The Art Of Economic Espionage - Why China Is Crushing America's Global Supremacy

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Modern historiography specialists have long argued that an essential segment in the study of human evolution is inextricably tied to the basic comprehension that societies commonly emerge, strengthen and fall cyclically. Such frequency in social evolution is not just a consequence of endogenous factors, it also results from the impact of the external environment, be it close - neighboring constituencies vying for the same resources - or far - as part of a larger geographical area.

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History teaches us other underlying truth, predominantly unveiled in social sciences: humans are inherently prone to believing in the danger of the unknown, the fear that uncertainty - when gift in life - brings an intolerable level of complexity in handling daily activities. Economists, in tandem with the larger group of social scientists, ascribe the word "risk" to this angst.

Risk lies in daily life. From birth to death and in between the terrestrial episode called life, humans palpate a sophisticated relationship with risk and utilize it as a excellent catalyst to furthering their interests. We fear the unknown not just in temporal terms - e.g.: what will tomorrow be? - but also in more practical, present-day terms, that is, what will happen today?

In assessing the rectitude of our daily decisions, the prognosis of the environment we live in becomes of essential importance. There emerges then the need to know, understand and act on a range of variables that make up our ecosystemic reality. Neighbors are a major part of that reality.

The indubitable notice that humans are 'sociable animals' implies a life in community, which in turns posits the sharing of interests, destinies and geography. We share our lives with neighbors, other humans whom we don't fundamentally know and whom we believe are distinct from us. Neighbors, in continental philosophy, are the 'constitutive other' as opposed to 'same'. Neighbors are different, and because of that, they must be hazardous to our very existence, hence "hell is other people" (Jean-Paul Sartre).

Consequently, our desire to know the 'other' and what they're undertaking forces us to enduringly be in a query mode: ergo, we resort to spying. Espionage is ingrained in basic human instincts from cradle to grave. First, we ape our relatives, then our acquaintances and later our neighbors. In that quest for knowledge, humans recklessly spy on each other in a bid for power. Once they decide with a cheap degree of relax the neighbor's strengths, the fabulous tendency is to match it, surpass it, annihilate it, keep it at a politically appropriate level, or use a mixture of all these options if the socio-historical continuum of events demands it.

Doubtless, the need to control the forces and economic standing of neighbors is the quintessential, albeit hidden, dogma of contemporary geopolitics. Doctrinal differences may abound, but a studious prognosis of contemporary events demonstrates clearly that wars and other man-engineered crises have historically proven to be good ways to rebalance powers among neighbors, or more precisely, within geographical zones. Crises, facts have shown, drive innovation and potential of life.

Espionage is not a recent discipline within political science. It has been a staple of human history for the past 2,000 years and even before. Throughout history, nations have risen or fallen based on their potential to secure data from rivals and use that body of knowledge to gain a contentious edge. History also suggests that societies that show a disinclination for 'outer research' of their environment, and consequently, a significantly lower amount of exogenous interactions - be it cordial or belligerent - with others have been weakened over time. The high frequency of wars between nations in the 'Old Continent' explains the relative superiority that Europe had over, say, Amerindians and Africans for the past few centuries, first in slavery and then colonization.

Espionage is rooted in contemporary life

After two atrocious global wars, countless medium-size conflicts and a dogmatic cold-war between capitalism and communism, political and forces leaders seem to have ultimately gauged the idiocy of lethal conflicts with planetary implications. The idea of 'détente', that is, the easing of strained relations in the political phraseology, gives nations the imaginary assurance that they may all coexist pacifically and a major disagreement is preventable once greater cooperation between societies subdues the possible quest for power that causes hostilities.

Acquiescing that there exists a permanent détente within the current geopolitical landscape is an optical illusion because it goes counter the very human urge to monitor the neighbor in order to know him or dominate him, if not annihilate him. This can be very surely graphic in instances where spies are caught in so-called 'friendly' territories. Take the example of Israel's Mossad agents being arrested in the United States.

The nuts and bolts of contemporary state espionage lie in a sophisticated and complex apparatus that all nations, and peculiarly global superpowers, have invented to carry out data-collecting and monitoring activities in peace time. Embassies, with their massive bureaucracies, specialized technocrats and their diplomatic inviolability, are predominant on that list. They are essential in monitoring the host country's social dynamics and record to their respective governments. Simply put, an embassy is, de jure, a stranger turned neighbor.

Next are supranational organizations that populate the global political, social and economic sphere. Their local representations and periodically published studies may also serve an intelligence purpose. Finally, aid agencies and so-called 'humanitarian' organizations are essential in gauging so-called 'underdeveloped' nations' economic potential and strengthen in their development. It is no coincidence that major countries in the advanced sphere do not customarily accept 'aid programs' from their counterparts unless excruciating circumstances dictate that such refusal would be politically unacceptable.

Strategic studies and the contemporary economic literature are replete with topics referring to Japan's, and to a lesser extent, Asian dragons' potential to use economic espionage at the end of the Second World War to gain a contentious edge over erstwhile powers such as the United States and Great Britain. The necessity to monitor and direct the continent's economic reconstruction, and the panic of a possible dominance by communist Russia, also led the United States to implement the Marshall Plan in Europe from 1948 through 1952.

Businesses thrive from spying more than the military

A excellent myth in today's world is that espionage is principally the province of forces strategists and national armies. Evidence from authoritative company intelligence magazines, leading governmental studies and a massive body of knowledge from academia have clearly explained the causal relationship between firm profitability and espionage. Differently stated, governments tend to all the time transfer intelligence data to their domestic industries, either they are at war or at peace.

As a result, the military-industrial complex benefits considerably from intelligence and such prerogatives are then disseminated into other firms in the economic fabric. As an illustration, it would be fairly understandable that a firm like Boeing, which derives a ample part of its revenues from government's contracts and sale of forces aircrafts, is more attuned to unavoidable developments in Us intelligence gathering than a financial services giant like Citibank.

Nevertheless, businesses have also parlayed their ample economic clout into a very successful data-collection enterprise. The plethora of tools ready to company executives nowadays is strikingly sophisticated and effective. Even if it is not exhaustive, a good prognosis of such tools must look at their source and their degree of macro-economic interconnectedness.

On one hand, external mechanisms allow at the macro-level company enterprises to secure data from competitors and control how such data can be utilized to thwart rivals, growth their own store primacy, or do both. When they share a society of interests vis-à-vis a new store or are in an oligopolistic situation, associates are routinely willing to join hands provided, of course, that the risk-payoff ratio of a single investment is not immensely classic to that of a joint venture. Tacit collusion, that is, the store situation where two firms agree to play a unavoidable strategy without explicitly saying so, is a fine illustration of company intelligence sharing.

In practice, firms engage in economic espionage via economic sections of embassies, chambers of commerce, lobbying groups, business groups, specific studies from consultants, and monies granted for schoraly investigate in single fields of interest. Concomitantly, they guard against intelligence threats by massively supporting intellectual asset laws.

On the other hand, a sophisticated internal arrival allows associates to stay abreast of newest developments within their industry. First and foremost, they hire to their corporate boards or for senior positions, experienced old government officials and high-rank forces leaders who had been privy to high-value strategic insights during their social tenure.

This is immensely useful to the hiring side because a old cabinet member, a congressman or a four-star general, can possess a breadth and depth of palpate and knowledge of past, gift and future topics that is considerably worth more than countless external consulting reports. Second, economic intelligence departments and government relations departments also fulfill data gathering roles through research, lobbying and interacting with business groups.

Cyber-warfare, the new cold war

As the planet becomes technologically more intertwined, novel tools and modus operandi are being made ready to governments and hidden interests to secure specific intelligence. These tools and procedures are an intricate mixture of old and new procedures which simultaneously perforate nations' military, economic and social constructs to extirpate essential bits of knowledge.

Defense experts are calling these emerging asymmetric disagreement tools 'cyber-warfare'. Due to the plethoric ramifications they gift and the simultaneous dual tasks they may serve to fulfill (attack and defend) when engineered in unavoidable ways, I label this group contemporary Cyber-warfare Gear ("Mocyg").

Mocyg, as it stands, involves the offensive use of assorted techniques to derail a nation's infrastructure, perturb the forces and financial systems of a country with the aim of crippling its defense responsiveness and the integrity of economic data, or achieve other destructive aims based on the attacker's incentives and strategy. Protection specialists and forces researchers have classified these techniques into 5 major groups: computer forensics, viral internet tactics, charge on computer networks or software, hacking and espionage.

The idiosyncratic power of cyber-crime lies in its 'stateless' nature, its capacity to be inexpensively controlled and deployed, and the vast damage it can exert. Given the judicial vacuum created by cyber-warfare techniques, nations are rushing to build up legislative safeguards to prosecute offenders even though criminologists argue such undertakings are largely inefficient at the moment.

A memorable cyber-criminal event occurred in Estonia in 2007 when more than 1 million computers, assertedly from Russian-based servers, were used to simultaneously cripple state, company and media websites in a modus operandi analogous to the "shock and awe" forces tactic. That charge ended up costing Tallinn's authorities tens of millions of Us dollars.

China, a cyber-giant in progress

Upward socioeconomic trends in the People's Republic of China are well known to international masses and covered profusely in western news media. So are Chinese authorities' single comprehension of democracy and human proprietary as well their overt wish to play a bigger geopolitical role in world affairs. However, the quiet revolution China is experiencing lies within the ample investment country authorities are making in top notch universities so as to catapult China into the top league of technological giants, along with the United States and Japan. Given the size of such educational outlays, Chinese authorities must believe that a major contentious edge can be gained in the technology field and such advantage can be converted or transferred into other sectors of their mushrooming economy.

Top western sinologists and other think tanks are intimately monitoring these schoraly developments because they understand the basic idea that future geopolitical dynamics will inextricably be tied to how successful Chinese will be at leveraging technology to boost their future 'global penetration'.

The smart tactic is that, while future chief engineers are being trained at world-class institutions such as University of Science and Technology at Hefei, Harbin form of Technology, Beijing University and Tsinghua University, China is concurrently putting a veil of secrecy nearby its data systems and cyber-infrastructure. The country may be notorious today for its copyright infringement cases or intellectual asset violations, but it is inconspicuously gearing up for tomorrow's technological primacy that its expansionist aspirations may dictate.

China also investigates currently ready ways and means to unearth state-of-the art synergy tools that can be leveraged between its major government departments and state agencies as it prepares to enter the 'knowledge economy'. Authorities view this coordination endeavor as an essential step transmit because it adds other layer of centralization to a government structure that is built nearby the canon of 'consolidated power'.

More specifically, country leadership has summoned top minds in technology and auxiliary fields to synergistically engineer the future cyber-infrastructure that will solidly mark China's imprint in the digital landscape. This task is colossal, and the vastness of it effects precludes obviously an analytical granularity. Several hundreds of thousands of Chinese computer engineers, regrouped under ad hoc commissions, think tanks and strategy centers are the backbone of this emerging 'digital army'.

They work under the aegis of brilliant specialists whose unquestioned patriotism and in-depth expertise are unparalleled at such high seniority levels; this group includes Liang Guanglie, Wan Gang and Li Yizhong. The first is the current priest of defense, who works in conjunction with the People's Liberation Army and the Central forces Commission to carry on the largest forces force in the world (ca. 3 million) and oversee its strategic evolvement.

The second is the head of the Ministry of Science Technology and is mechanical engineer and auto expert. The third is the priest of business and data Technology, a cabinet position pivotal for the country's data systems development.

Anemic Us It investments

Equipped with this super cyber-security gear, China seems to be winning, or is in a essential position within, the ongoing global cyber-war. In a sense, the country is not an 'emerging' superpower as western analysts and social science specialists would like to call it. It is already a superpower in the fullest sense of the concept.

The term 'emerging superpower' is presently beloved in schoraly and company literature as well as in media parlance because it is more politically palatable to the elite and other classes of citizens in traditionally influential economies (G8) who fear the psychological and social implications of welcoming new colossi in the settle on club of the powerful.

Security experts and top forces minds in the United States are truly implicated that the Chinese massive It investment dwarfs America's and do not hesitate to point to the geopolitical implications of such a chasm. They note that the countless cyber-attacks from China and Russia are just a start of the new cyber 'Cold War' of the 21st century.

It is a fact that many foreign-engineered digital attacks have targeted many advanced countries' forces systems, power grids, and financial infrastructure in the past few years. Yet governments and forces forces at gift have exiguous capacity to detect or infiltrate the attacker, counter the attack, and preclude future assaults.

Us defense officials and company leaders understand the looming threat but believe its intensity and gravity constitute a hyperbole. However, authoritative statistics from the Government accountability Office, Us Congress reports, and schoraly studies indicate evidently that the world leader has not shown hitherto the political willpower to tackle the digital gap in its cyber-security infrastructure.

Truth be told, politicians in Washington, Pentagon strategists, and the intelligence society at large have long known of and understood the nature of the menace. Notwithstanding, a series of geopolitical events forced them to transfer unavoidable topics into budgetary oblivion at the credit of more pressing, more 'visible' national Protection threats that are readily noticed by constituents (e.g.: terrorist attacks).

A few factors explicate Washington's inability, or budgetary lethargy, in addressing the cyber-warfare threat. First is the geostrategic complacency derived from the fall of communist Soviet Union and the ensuing inertia that global unipolarism ordinarily creates.

Second, America's forces apparatus is currently 'distracted' by two ongoing wars and engaged in a host of relatively minor Protection missions nearby the world. Adding to those involvements, there is the follow 'war on terror' that has mobilized since 2001 ample resources to thwart further domestic attacks.

'Domestic' in this sense refers to an incredibly ample geographical area because it encompasses Us approved soil and the associated territories, American overseas diplomatic missions, its forces bases, transnational organizations where the Us holds essential strategic interests (e.g.: Nato headquarters and forces stations), and the countless aid, religious, and humanitarian outposts nearby the world.

Third, the diversity and criticality of issues at hand force the Us government and congressional leaders to prioritize their budgetary efforts. The current economic despondency bodes ill for any serious endeavor in tackling underinvestment issues in data technology because the country is pecuniarily exiguous and cannot afford to continuously print money (risk of inflation and currency devaluation) or borrow from... China.

Us budding cyber-security grid is solid

Despite the socio-economic gloom, the Obama management has shown in the past 6 months a strong level of commitment in assuring the integrity of the nation's data assets. He appointed late December Howard Schmidt, a predominant computer Protection devotee and old Microsoft Protection executive, as White House cyber-security czar. Other high-profile nominations have followed in the army ranks and other key departments and government agencies such as Homeland Security, Treasury, the Fbi and the Cia.

The efforts appear to be coordinated and effectively reaching their desired goals, from the Pentagon's launching of a giant "cyber-command" unit to the Cia's and Fbi's massive 'hiring spree' of computer engineers and cyber-security specialists. International cooperation with other allies is also part of the undertaking; Us intelligence agencies are thus partnering with foreign counterparts such as Britain' Mi5 and Mi6, Israel's Mossad, Germany's Bundesnachrichtendienst (Federal intelligence Service, Bnd) and Militärischer Abschirmdienst (Military Counterintelligence Agency, Mad) to address emerging threats.

Private interests are equally gearing up. Businesses are investing massively in It infrastructure and upgrading computer networks, and working jointly with government agencies. They are also granting rising subsidies to think tanks and academia to help in this effort.

The mixture of efforts has to be successful because an absence of effectiveness in cyber-warfare measures can be 'lethal' to Us global supremacy. Judging by the great havoc cyber attacks had catapulted onto Estonia in 2007, hyperbola ought not to be barred in this topic.

Based on the newest estimations, Us nominal Gdp is nearly 3 times that of China (.5 trillion vs. .5 trillion), but the latter's healthier growth rate is helping bridge that gap gradually. Thus, many forecasters - and the proverbial 'conventional wisdom' - assume that it will take Beijing many decades to attain America's economic clout and level.

That said, in the hypothetical scenario that a cyber-warfare erupts between both countries, a stronger China may only need to considerably crush Us economic productivity and therefore its Gdp to claim victory and financially surpass its rival. Absent efficient Protection systems, China, or any other foe, may only need to charge vital arteries of the Us military-industrial complex: power grids, financial transaction systems, Federal preserve System, Us Armed Forces' computer systems and networks, Congress' and White House's It infrastructures, etc. It's easy to fantasize the massive damage electricity failure can do to a country's transportation, financial, and forces systems.

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