Stacy Summary: The global currency and sovereign debt grid are once again in today’s headlines; and those headlines are ominous for the economic futures of US & UK.
Updated:
Tags: Add new tag · baugur · bond vigilantes · channel islands · china · enron · gilts · goldman sachs · iceland · jon asgeir Johannesson · nanomaterials · us dollar · US treasuries21 Comments
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Ireland is ECB’s sacrifical lamb to satisfy German inflation demands
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5140507/Ireland-is-ECBs-sacrifical-lamb-to-satisfy-German-inflation-demands.html
saw that wolfgang….. doesn’t look good for us. its evident now on the street, every second shop is closing. People still have no idea the severity of what is happening though. just aswell i’m buying another wad of silver today.
Must find out how much pitchforks are too, i can sell them at a premium in a couple of months!
A realtive and retired director of the dutch ‘Rekenkamer’ (OECD type governement economical analysis bureau) just returned from Guernsey. He said he spoke to a judge who told him these tax haven laws have next to no effect, because in the end a local judge must rule to allow the information request from the government, and in most (if not all cases) the judge protects the individual..
It is clear these tax haven laws also allow governments to trun a blind eye towards illegal activities from which they benefit, after all, if they do not investigate, there’s no blip on the radar..
someone has a hard-on for max:
http://www.youtube.com/profile?user=eyreland&view=videos
someone has a hard-on for max:
http://www.youtube.com/profile?user=eyreland&view=videos
Apparently Max is doing lots of things right for them to come after him this way.
will someone in london frickin ‘demand’ max!? its on 49 now. i wanna see what’ll happen.
Max, will you be flying Ryanair eh?
Hi YA’ll
Just got off youtube kinda lame attack on Max really.
Did make me giggle though.
I don’t wanna tempt fate by mentioning anybodys name, but I bet it was that angry emigre/us patriot that posted on resonance quite frequently, Nice music though!
THATS 50 DEMANDS!!!
Shouldn’t this ‘fake’ concern for ‘illegal? ‘tax havens drive people to want physical GOLD?
I say fake because while Rome is burning the g20 is making the world focus on a few parltry bank accounts while they themselves print money left and right.
soros interview (vaguely interesting)
http://www.dailymotion.com/video/x8ylqp_george-soros-the-system-has-broken_news
Thx for the updates, Stacey. Please let Max know he was great in the last hour of the Alex Jones Show last Monday. I always learn such interesting stuff.
I just watched a Jim Rodgers interview on Bloomberg and he said, right now, he would rather have oil than gold. He cites that the IMF is selling a lot of gold soon- I don’t understand, is the IMF devaluing itself?
MAX/STACY
regarding max’s comment in response to that short uni thing i posted here: check out the concept of the ‘Noosphere’ (if you haven’t already) as developed by both Vladimir Vernadsky and Teilhard de Chardin. Thought provoking.
Maximus
Have you seen the recent youtube videos of John Perkins (Economic Hit Man) where he is in Iceland giving tv interviews and university lectures urging the Icelanders to reject the IMF loans or loan conditions. I couldn’t ‘smell the rat’ even though I was watching him very closely. Apparently Iceland is the first ‘Developed Nation’ to find themselves in this position and Perkins seemed to be genuinely trying to help the Icelanders understand their predicament. But once an ‘economic hit man’; always an ‘economic hit man’, eh (canadian eh = ?).
Speaking of Goldman-Sachs, ZeroHedge blog has an interesting story on them. They seem to have made a sudden big play in the Interest Rate Derivatives market:
http://zerohedge.blogspot.com/2009/03/is-gs-tempting-interest-rate-black-swan.html
While I don’t understand that whole article, this graph is pretty striking.
http://1.bp.blogspot.com/_FM71j6-VkNE/SdItVj0qKkI/AAAAAAAABn4/hIlcQ6KA-Fs/s1600-h/occ4.JPG
Could they be betting big that interest rates will go up, which as I understand would be inevitable if China, etc stop financing US debt? Any interpretation Max & Stacy?
With regards to the whole China vs. US thing, I wote an article last year titled “The International Banker’s China Syndrome” where I state that the Wall St. bankers have conspired to transfer economic power from the US to China. Hopefully both of you, Stacy and Max, will have a chance to take a look at it. It’s also curious to me that Max decided to name his show the Oracle, since my web site is called Future News Today.
BTW, my first encounter with Max was the Aljazeera appearance where he went over the top and called for a fatwa against “Hank” Paulson. I’m sure that’s the one that Max was referring to that got him kicked off Aljazeera. Well I liked it so much that I wrote an article titled “Wall Street’s gigantic Ponzi scheme” which featured the Youtube clip. And mind you this was before the Madoff revelations which turned “Ponzi scheme” into a cliche.
hey,
add the date to your tweetcast # to keep the timeline from being confused.
File this one under another victory of the Surveillance state/Police state:
Police launch pre-emptive strike on environmental protesters: http://www.guardian.co.uk/environment/2009/apr/13/nottingham-police-raid-environmental-campaigners
Rich:
I think John Perkins confessed long ago for all his dirty deeds. He’s the one insider who came out of the closet.
His advice for Iceland is the antidote for the debt disease/cancer. Rise Up.
PHALLICLES
Here’s the Q&A part of the talk… : Perkins in Iceland