The Financial Armageddon

Links for 2012-02-22 [del.icio.us]

Thu, 23 Feb 2012 00:00:00 PST

GERALD CELENTE BLOG: Gerald Celente - The Alex Jones Show , February 22, 2012
GERALD CELENTE BLOG: Gerald Celente - The Alex Jones Show , February 22, 2012
Gerald Celente - The Alex Jones Show , February 22, 2012
GERALD CELENTE BLOG: Gerald Celente - The Alex Jones Show , February 22, 2012
GERALD CELENTE BLOG: Gerald Celente - The Alex Jones Show , February 22, 2012
GERALD CELENTE BLOG: Gerald Celente - The Alex Jones Show , February 22, 2012
Bob Chapman - The Financial survival - 22 February 2012 | Bob Chapman The International Forecaster Blog
Bob Chapman - The Financial survival - 22 February 2012 | Bob Chapman The International Forecaster Blog
Bob Chapman - The Financial survival - 22 February 2012 | Bob Chapman The International Forecaster Blog
Bob Chapman - The Financial survival - 22 February 2012
Bob Chapman - The Financial survival - 22 February 2012 | Bob Chapman The International Forecaster Blog
Bob Chapman - The Financial survival - 22 February 2012 | Bob Chapman The International Forecaster Blog

Links for 2012-02-21 [del.icio.us]

Wed, 22 Feb 2012 00:00:00 PST

Links for 2012-02-20 [del.icio.us]

Tue, 21 Feb 2012 00:00:00 PST

Links for 2012-02-19 [del.icio.us]

Mon, 20 Feb 2012 00:00:00 PST

The SOVEREIGN CITIZEN BLOG: The Occult World of Commerce
The SOVEREIGN CITIZEN BLOG: The Occult World of Commerce
The Occult World of Commerce
The SOVEREIGN CITIZEN BLOG: The Occult World of Commerce
Alchemy & Magic - Coast to Coast AM 18.2.2012 | Gerald Celente Trends Blog
Alchemy & Magic - Coast to Coast AM 18.2.2012 | Gerald Celente Trends Blog
Alchemy & Magic - Coast to Coast AM 18.2.2012
Alchemy & Magic - Coast to Coast AM 18.2.2012 | Gerald Celente Trends Blog
Know Your Enemy | Gerald Celente Trends Blog
Know Your Enemy | Gerald Celente Trends Blog
Know Your Enemy
Know Your Enemy | Gerald Celente Trends Blog
Know Your Enemy | Gerald Celente Trends Blog

Links for 2012-02-18 [del.icio.us]

Sun, 19 Feb 2012 00:00:00 PST

The SOVEREIGN CITIZEN BLOG: USA is a Corporation - There are Two Constitutions - Sovereignty
The SOVEREIGN CITIZEN BLOG: USA is a Corporation - There are Two Constitutions - Sovereignty
The SOVEREIGN CITIZEN BLOG: USA is a Corporation - There are Two Constitutions - Sovereignty
USA is a Corporation - There are Two Constitutions - Sovereignty
The SOVEREIGN CITIZEN BLOG: USA is a Corporation - There are Two Constitutions - Sovereignty
The SOVEREIGN CITIZEN BLOG: USA is a Corporation - There are Two Constitutions - Sovereignty
The SOVEREIGN CITIZEN BLOG: USA is a Corporation - There are Two Constitutions - Sovereignty
USA is a Corporation - There are Two Constitutions - Sovereignty
David Wilcock - 2012 Event Horizon | Gerald Celente Trends Blog
David Wilcock - 2012 Event Horizon | Gerald Celente Trends Blog
David Wilcock - 2012 Event Horizon
David Wilcock - 2012 Event Horizon | Gerald Celente Trends Blog
David Wilcock - 2012 Event Horizon | Gerald Celente Trends Blog

Links for 2012-02-17 [del.icio.us]

Sat, 18 Feb 2012 00:00:00 PST

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Fri, 17 Feb 2012 00:00:00 PST

Taiwan’s Emerging Economy and its Currency the New Taiwan Dollar

noreply@blogger.com (Admin) — Thu, 21 Apr 2011 12:56:29 PDT

Taiwan, formerly known as Formosa, is an island located in East Asia in the Pacific Ocean off the coast of communist mainland China. The name Taiwan is also commonly used to refer to the Republic of China, which has almost all of its territory located on the island.

Historically, the Republic of China’s governance included mainland China until the communist takeover in 1949 left the ruling Kuomintang or KMT in charge only of Taiwan and some small islands. The mainland based People’s Republic of China still does not recognize Taiwan and claims its territory.

Taiwan was governed under the KMT after 1928, although a multi-party democratic system evolved in the 1980’s and 1990’s. The country’s constitution was established in late 1947. Taiwan’s head of state is the President and the country has a single house legislature known as the Legislative Yuan.

Most of the country’s population adheres to a combination of religions, including ancient Chinese polytheism, Buddhism, Confucianism and Taoism, although a minority of Christians and Muslims are represented.

Taiwan has little ethnic diversity, with the largest ethnic group consisting of Han (98%) that can be further broken down into Hoklo (70%), Hakla (14%) and Mainland Chinese (14%). An additional 2% are native Taiwanese. make up just over 28% of the population as of the 2000 census. The national language of the country is Filipino that is based on the Tagalog language.

Other ethnic groups present include the Cebuano (13%), Ilocano (9%), Bisaya/Binisaya (7.6%), Hiligaynon (7.5%), Bikol (6%) and Waray (3.4%), with the additional 25.3% being classified as Other.

Economic Overview of Taiwan

Taiwan is known as one of the Asian Tigers and has a developed capitalist economy that is predominantly market-based. The economy ranked 24th worldwide in 2010 in terms of its nominal GDP of $427.0 billion. The country also ranked 19th worldwide in 2010 in terms of purchasing power parity or PPP GDP that was then at $810.5 billion, and it showed an impressive annualized GDP growth of 10.5% in 2010.

Roughly 69.2% of the country’s GDP is produced by its services sector, with 29.2% from industry, and only 1.6% coming from agriculture as of 2009. Particularly important areas of industrial activity within the Taiwanese economy include: the manufacture of electronics, IT, arms, machinery, chemicals, pharmaceuticals, textiles, iron, steel, vehicles, cement and communications products, as well as food processing.

Inflation in Taiwan has recently been well below that seen in most industrialized nations, with its level measured at -0.87% in 2009. Furthermore, the unemployment rate among the Taiwanese population of roughly 23.1 million people in 2010 was measured at just 4.73% in late 2010.

Although Taiwan saw a reduction in growth in 2008 and 2009 during the global economic crisis, the country recovered well from this slowdown and continues to show considerable economic strength near the top of the more mature emerging markets countries.

The Taiwanese Currency – The New Taiwan Dollar

The currency used in Taiwan is known as the New Taiwan Dollar, and its ISO 4217 code is TWD. Each Dollar is further divided into 100 cents. The currency has been in use under that name as legal tender in Taiwan since 1949, when it replaced the depreciated Old Taiwanese Dollar in an attempt to quell hyperinflation that had troubled the country.

In terms of the Taiwanese currency’s availability to business loans, many online brokers do not yet accommodate offering the New Taiwan Dollar. Nevertheless, the currency is actively traded among the exotic currencies but tough to acquire small business loans using it.

Earthquake dents Japan economy

noreply@blogger.com (Admin) — Sat, 12 Mar 2011 06:46:12 PST

Japan's economy grew by nearly four per cent last year, its best performance in two decades.But the earthquake which hit the country on Friday is likely have a major detrimental effect on the country's finances.
Al Jazeera's Azhar Sukri reports.

Wall Street Dirty Little Secret

noreply@blogger.com (Admin) — Fri, 11 Mar 2011 08:23:52 PST

Wall Street Dirty Little Secret

Description: Wall Street is a very dangerous place. And in many ways, it is simply a glorified casino that is designed to enrich investment bankers while stripping you of your hard-earned wealth. In this special 90 minute online and interactive presentation, economist and best-selling author Jerry Robinson is joined by Barry James Dyke. Barry is a seasoned financial advisor and has authored an important book entitled: The Pirates of Manhattan.

U.S. Trade Deficit Jumps 15.1% In January, Even As Exports Set Record

noreply@blogger.com (Admin) — Thu, 10 Mar 2011 16:34:02 PST

U.S. Trade Deficit Jumps 15.1% In January, Even As Exports Set Record

The U.S. trade deficit widened an unexpectedly large 15.1% in January, to $46.3 billion from a revised $40.3 billion in December, according to the Commerce Department's monthly statement on the U.S.'s trade balance.

The rise far out-stripped expectations for a January trade deficit of $41.5 billion. The increase was due to increased imports of petroleum products, automotive vehicles and parts, consumer goods, and capital goods, which reached a record monthly level, according to the statement.

Both U.S. exports of goods, at $120.5 billion, and services, at $47.5 billion, actually set monthly records, for a combined increase of 2.7% from December, a fact obscured by the surprisingly large deficit. It wasn't enough, however, to overcome the 5.2% increase in imports.

"The administration is focused on jumpstarting exports and helping U.S. businesses grow and create jobs through efforts like the National Export Initiative and tax credits for business investment," U.S. Commerce Secretary Gary Locke said. "We've now seen private-sector job growth for 12 straight months, and increasing U.S. exports plays a key role in that. We are committed to putting the necessary tools in the hands of America's businesses to help them out-innovate and out-compete the rest of the world and get the U.S. economy firing on all cylinders again."

Senior Economist on Food: We Could Certainly See Social Unrest in Parts of the Developed World

noreply@blogger.com (Admin) — Wed, 09 Mar 2011 18:32:47 PST

Senior Economist on Food: We Could Certainly See Social Unrest in Parts of the Developed World besides the middle east and north Africa ....

The Federal Reserve is Laundering Money

noreply@blogger.com (Admin) — Tue, 08 Mar 2011 18:17:09 PST

The Federal Reserve is Laundering Money

What Makes Gas Prices Soar? More Than Just Oil

noreply@blogger.com (Admin) — Tue, 08 Mar 2011 14:51:32 PST

It's one of the biggest unknowns in the petroleum industry. Just how do gas station owners decide how much you pay at the pump? A gas station owner near Atlanta offers some answers. (March 8)

The Outlook for Fixed Income in 2011

noreply@blogger.com (Admin) — Sun, 06 Mar 2011 20:46:40 PST

What is The Outlook for Fixed Income in 2011 ?
within the fixed income space where do you see the greatest value for investors and what strategies do you suggest ?
what are the possible downside risks in fixed income ?
Doug Forsyth managing director and portfolio manager at AllianzGI Capital answers

Bernanke Defends QE2 Amid Rising Food-Gas Prices, High Unemployment, Inflation, Uncertainty

noreply@blogger.com (Admin) — Sat, 05 Mar 2011 12:06:51 PST

END FED: Bernanke Defends QE2 Amid Rising Food-Gas Prices, High Unemployment, Inflation, Uncertainty

http://www.csmonitor.com/Business/Stefan-Karlsson-s-Blog/2010/1108/QE2-101-Ho...
QE2 101: How more money will stoke inflation

The new round of quantitative easing announce last week, dubbed 'QE2' by economist wonks, will generate higher inflation, everyone agrees. But how?

By Stefan Karlsson, Guest blogger / November 8, 2010

It is generally assumed, and rightly so, that the new round of "quantitative easing" will generate higher inflation in the United States. But it is rarely explained just why it will do so. After all, QE2 will not be conducted by dropping dollar bills from helicopters.

Well, there are essentially three mechanisms by which it happens: higher money supply, lower money demand and lower supply of goods and services.

1) Regarding money supply, it should be noted that by lowering interest rates, QE2 will boost demand for loans. Higher demand for loans will in a fractional reserve banking system generate a higher money supply. Given a certain level of money demand and supply of goods and services, a higher money supply will result in higher price inflation.

2) Regarding money demand, higher inflationary expectations will cause people to be less willing to hold money (as its real value is expected to drop), thus reducing money demand. And lower money demand has a very similar effect on prices as a higher money supply.

It should be noted though in this context that to the extent that QE2 lowers nominal interest rates, this will increase money demand as the opportunity cost of holding money drops.

So the net effect of Fed bond purchases on money demand depends on to what extent it raised inflationary expectations more than it lowers nominal interest rates.

And it seems that the increase in inflationary expectations is this time somewhat bigger than the drop in nominal yields.

As of this writing, the nominal 5-year yield has dropped 21 basis points since August 31 (from 1.33% to 1.12%) while the inflation indexed 5-year yield has dropped 72 basis (from 0.14% to -0.58%) points since August 31, implying that inflationary expectations has increased 51 basis points (from 1.19% to 1.70%) during that period.

Thus, QE2 has likely reduced money demand somewhat.

3) Regarding the issue of reduced supply of goods and services, it should be noted that to the extent that QE2 reduces the value of the dollar and to the extent that companies adjust prices, it will raise import and export prices, causing a reduction in the inflow of foreign goods and services and increase in the outflow, reducing the supply of goods and services available to Americans.

A lower supply of goods and services will given certain levels of money supply and demand increase the dollar price of goods and services.

In conclusion we can clearly see that by a combination of a higher money supply, a reduction in money demand and a reduced domestic supply of goods and services, QE2 will clearly increase price inflation. The only uncertainty is just how big this effect will be.

Unemployment Dips to 8.9 Pct., 192K Jobs Added

noreply@blogger.com (Admin) — Fri, 04 Mar 2011 13:42:41 PST

Employers in February hired at the fastest pace in almost a year and the unemployment rate fell to 8.9 percent _ a nearly two-year low. (March 4)
Shadowstats....site provides real statistics.
The real number is 20%+
These numbers are bogus....it only counts those receiving benefits - when that runs out - you fall off the stats.

Financial Armageddon Coming Soon (2011)

noreply@blogger.com (Admin) — Fri, 04 Mar 2011 07:42:57 PST

Financial Armageddon Coming Soon (2011) What is the world moving toward quickly? What is coming in 2011? What do many financial experts agree on? What is happening to the U.S.?

Wanna fix the problem? Stop issuing debt as money!! End the Federal Reserve and destroy the financial tyrant. End the Fed and dismantle the international banking cartel thus ending the financial terrorism. Demand an audit of the Federal Reserve!!! The proof is in the books or lack thereof!
Amazing....They think the American people are to held responsible for the trillions swindled away by the banksters. And, all the while money is just made up out of the sky. Let it fall. The leaders of the country are to blame along with the greedy oligarchs. Hilarious that they can even find the audacity to utter the suggestion that the American people are responsible for the money they were robbed of.

Goldman Sachs Insider Trading: Yahoo Tech Ticker Mar 2. 2011

noreply@blogger.com (Admin) — Thu, 03 Mar 2011 04:34:22 PST

Rajat Gupta Former Goldman Sachs Dir. allegedly told Pal of Buffett's Goldman investment , he was charged for Insider Trading , the game is rigged

Geithner on Mortgage Finance Reform

noreply@blogger.com (Admin) — Tue, 01 Mar 2011 08:31:55 PST

Mar. 1 2011 | Treasury Secretary gives his opening statement to the House Financial Services Committee on "Mortgage Finance Reform: An Examination of the Obama Administration's Report to Congress."

Wall Street Getting Away With Financial Murder

noreply@blogger.com (Admin) — Mon, 28 Feb 2011 15:51:32 PST

MSNBC—Feb. 28--From the Dylan Ratigan Show. Banks getting away with financial murder.

Irish Voters Prepare to Ditch Government on Bank Crisis

noreply@blogger.com (Admin) — Sun, 27 Feb 2011 10:12:08 PST

Feb. 25 (Bloomberg) - Irish voters go to the polls today with anger over the collapse of the economy and the cost of rescuing banks expected to result in the biggest shift of political power in the country's history.

it is going to take bold action against the banksters to rid themselves(Irish) of their slavery. Let's hope more go the way of Iceland. I just think that the banksters will have something up their sleeve..I'm always hearing more and more of a one world currency, that's something the whole world should be fighting against.

Dollar Armageddon Ahead?

noreply@blogger.com (Admin) — Fri, 25 Feb 2011 14:32:28 PST

Feb. 25 2011 | Why the dollar is about to crash, with Damon Vickers, Nine Points Capital Management founder, and "The Day After Dollar Crash" author.

Jobless Claims Fall for Week of February 19th 2011

noreply@blogger.com (Admin) — Thu, 24 Feb 2011 06:57:19 PST

Jobless Claims Fall for Week of February 19th 2011

Less people filed for unemployment than economists expected last week. According to the U.S. Department of Labor, 391,000 individuals claimed benefits during the week of February 19th. Economists, on average expected 405,000 filings.

The unemployment measure has been volatile in past weeks, likely fluctuating due to severe winter weather throughout the country. Checking in on the 4-week average for better perspective, there appears to be a downtrend occurring, which suggests an improving job market.

Richard Wolff:Greece & Ireland:Epic Fiscal Failure

noreply@blogger.com (Admin) — Tue, 22 Feb 2011 23:30:02 PST

Richard Wolff:Greece & Ireland:Epic Fiscal Failure

100,000 Protest for Union Rights in Wisconsin

noreply@blogger.com (Admin) — Sun, 20 Feb 2011 08:19:09 PST

AlJazeeraEnglish--February 20, 2011--Budget problems are forcing state governors across the US to propose drastic measures to balance the books. In the state of Wisconsin, roughly 100,000 people turned up for a fifth straight day of protests. Public sector workers accuse the state's Republican governor of using the crisis as a reason to attack their union rights. Roger Wilkison reports.

None of these public sector employees could figure out that it was in large part the private sector manufacturing jobs that payed thier wages. As those jobs where being destroyed by the tens of millions the public sector didn't think for one minute that the financing for thier wages was being shipped out of the country. The only thing they could see was what foreign made crap was on sale at Walmart? Class War 101, divide and conquer

Wisconsin Budget Battle

noreply@blogger.com (Admin) — Fri, 18 Feb 2011 19:08:35 PST

Feb. 18 2011 | Protests roll in Wisconsin, with Zac Schultz, WMTV reporter; Robert Reich, UC Berkeley; and Rep. Scott Suder, (R-WI).

Initial Jobless Claims Higher Than Expected

noreply@blogger.com (Admin) — Thu, 17 Feb 2011 08:10:33 PST

410,000 people filed for unemployment benefits during the week of February 12th. That's an uptick from the prior week's 383,000 filings, which was the lowest level in 2.5 years. Economists were spot-on in their projection of the latest claim number. Analysts attribute the latest rise to winter weather, which delayed the filing and processing of many claims.

The U.S. unemployment rate stands at 9.8%.

World Bank: Global Food Prices at Dangerous Levels

noreply@blogger.com (Admin) — Wed, 16 Feb 2011 12:58:56 PST

The World Bank says that global food prices are at dangerous levels with food prices hiking security issues.

Economic Data Reports: February 15th, 2010

noreply@blogger.com (Admin) — Tue, 15 Feb 2011 08:27:00 PST

U.S. January Import Prices are up 1.5% for the month of January. That number is up from December's revised increase of 1.2%. Inflation worries continue to be in the realm of food and energy where price rates increases are in the mid-teens. Higher energy and food costs particularly pressure consumer spending.

The February Empire State Factory Index also yielded a rise for the month of January. The index came in at 15.4, up from the prior month's 11.92. Analysts were expecting a reading of 15 even. A jump in new orders is a sign of further improvement in the economy.

Also out early this morning, retail sales which rose by 0.3% in January. A dip from February's revised 0.5% rise. The gain in January sales is attributed to higher gasoline prices. Economists on average expected a rise of 0.5% for the first month of 2011.

Worst of the Global Financial Crisis Yet to Come

noreply@blogger.com (Admin) — Mon, 14 Feb 2011 07:59:21 PST

Feb. 13 2011 | With inflation set to rise further, Martin Hennecke, associate director at Tyche, recommends investing in commodities such as gold and silver. He talks to CNBC's Bernard Lo and Oriel Morrison.

Obama Takes Scalpel to Budget, Avoiding Pain

noreply@blogger.com (Admin) — Sun, 13 Feb 2011 14:17:49 PST

President Barack Obama's $3.5 trillion-plus budget plan will likely be ignored by resurgent Republicans intent on cutting tens of billions of dollars from the president's old budget. (Feb. 13)