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WAR and PEACE
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Russia, NATO end talks on sectoral missile defense - source
Victory Day parade held on Moscows Red Square
Pakistan seeks solace in the Kremlin
Kremlin lacking WTO will
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» » Topic » Economics
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| From state debt to state money |
| 29.11.11 09:33 |
Economics |
| Brussels wants the keys to the national treasuries of the 17 Euro-countries. Only this way can they save the Euro, they say. The ESM-treaty has already been signed. If the national parliamentarians ratify it, it will be the end of our sovereign democracies. Do we want that? Is there an alternative? |
| Court Fool |
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| Financial Crimes on Wall Street and the Debt Crisis |
| 18.07.11 09:53 |
Economics |
| Crime on Wall Street, in banking and in corporate America pays. One just neither admits or denies and lets the corporate shareholders pay the fines. These are today’s untouchable, who steal billions and get away with it. Financial institutions are too big to fail, as are their key employees. |
| Bob Chapman |
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| Libya and the decline of the petrodollar system |
| 09.05.11 15:50 |
Economics |
| The present campaign by the North Atlantic Treaty Organization (NATO) against Muammar Gaddafi in Libya has given rise to great confusion, both among those waging this ineffective campaign and among those observing it. Many whose opinions I normally respect see this as a necessary war against a villain - though some choose to see Gaddafi as the villain, and others point to US President Barack Obama. |
| Asia Times Online |
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| Gold and fiat currencies |
| 13.02.11 09:49 |
Economics |
| The continuous upward trend in gold price in 2010 can be partially explained as a market response to post-crisis economic conditions created by reactively loose monetary policy developments and aggressive market intervening measures by both the central bank and the Treasury in the US. This approach was duplicated in varying degrees by many other governments in the Group of 20 (G-20). |
| Asia Times Online |
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| Coup d’état - The Historical Framework of Globalization |
| 09.01.11 23:51 |
Economics |
| Our era is largely defined by two highly interlinked concepts: globalization and the so-called “war on terrorism.” As geopolitical-economic operatives, both concepts complement each other as significant means to specific ends; both shape important aspects of our daily lives and determine form and content of much that passes for public discourse. Particularly in Europe and in the United States, populations are kept vigilant to the “clear and present dangers” ostensibly posed by “international terrorism” through mnemonic icons of troop movements in Central Asia and/or strategically deployed bomb plots that are purportedly thwarted “just in time” by our intelligence services. As if copied from the lecture notes of Carl Schmitt, a totalitarian “enemy” has been constructed which can conveniently be called back into service at a moment’s notice should public memory begin to fade. |
| Dr. James Polk |
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| Food sovereignty in Africa: The peoples alternative |
| 19.07.10 20:19 |
Economics |
| The different explanations given for Africa’s current food crisis seem to miss the real causes of the problem. Mamadou Goita does not believe that the crisis is of an economic nature. Rather, it is the endpoint of the dismantling of Africa’s agricultural sector and its linking to the international market and brutal liberalism. Based on an analysis of the political choices that have contributed to the current situation, notably the structural adjustment programmes of the 1980s, Goita proposes solutions and decisions that need to be taken to achieve food sovereignty in Africa. |
| Mamadou Goita |
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| The Inflationary Depression |
| 10.02.10 21:23 |
Economics |
| The inflationary depression still dominates and probably will continue to do so. In time the stimulus will fail to work and the world will slip into total insolvency and deflationary depression. The old M3 is about 3%, but we still have $23.7 trillion floating around. Not only is the US bankrupt, but also so is the rest of the world. It is now only a question of when the dominos will fall. It looks like the first wave in the collapse of the bear market rally is underway. Bonds will follow with higher interest rates and eventually commodities will be hit. Only gold and silver will survive, as the bankers and Wall Street complete their destruction of the world economy. |
| Bob Chapman |
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| Welcome to 2025 |
| 27.10.09 17:44 |
Economics |
| Memo to the United States Central Intelligence Agency: You may not be prepared for time-travel, but welcome to 2025 anyway. Your rooms may be a little small, your ability to demand better accommodation may have gone out the window, and the amenities may not be to your taste, but get used to it. It′s going to be your reality from now on. |
| Michael T Klare |
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| Financial Machinations: The Global Debt Crisis is Destroying the Economic Structure |
| 24.10.09 16:32 |
Economics |
| Last week the Dow added 1.3%, the S&P 1.5%, the Russell 2000, 0.2% and the Nasdaq 100, 0.7%. Cyclicals rose 2.6%; transports 3.8%; consumers 1.7%; utilities 1.3%, as banks fell 0.3% and broker/dealers fell 0.6%. High tech fell 0.2% semis 1.1%; bitoechs 1.9% and Internets rose 0.2%. Gold bullion rose $3.00 and the HUI was unchanged, but up 47.5% on the year. The USDX, the dollar index fell 1.1% to 75.62. |
| Bob Chapman |
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| The Financial New World Order: Towards a Global Currency and World Government |
| 07.04.09 14:51 |
Economics |
| Following the 2009 G20 summit, plans were announced for implementing the creation of a new global currency to replace the US dollar’s role as the world reserve currency. Point 19 of the communiqué released by the G20 at the end of the Summit stated, “We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity.” SDRs, or Special Drawing Rights, are “a synthetic paper currency issued by the International Monetary Fund.” As the Telegraph reported, “the G20 leaders have activated the IMF′s power to create money and begin global "quantitative easing". In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it.”[1] |
| Andrew G. Marshall |
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