Stacy Summary: Another day, but a looooonnnnng week to go for those holding Dubai debt!
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ref. max keiser & Get 6 mo’s free storage
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Rick Ackerman-
- King World News
- Mish
- Karl Denninger – Market Ticker
- Michael Hudson
- ZeroHedge
- The Big Picture
crash banksters – Buy Silver & gold
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Most recent: 
Salbuchi: “IDENTIFY THE PEOPLE BEHIND IT”
Expose the vermin. I want names. We had a saying in Texas: “Take names and kick ass.” I want names.
Post them here.
@ george mcclure
i just copied the stuff from their website front page. Pr. Camelot, generally do not comment on Financial matters, however, this time they seem to have got flustered with some information that they received. I have been reading some of their other stuff and do believe that they would not have posted this unless they have reasonable justification to do so.
@Brian:
Yes. That would be a matter of men doing instead of hoping: no one wants to lose out and yet they stand to lose everything.
We accept the system of slavery thinking it is to our profit to do so.
@francis snoot
Fair value is a mysterious term to me term because it seems like so many commercial transactions are fundamentally unfair due to tricks and lies of various kinds that I wonder how enough “fair” transactions can be found to be averaged out to produce a number.
@ doomandbloom RE “some comments from Project Camelot….”
Substantiation, please. Corroboration.
@all
Apolgies if this link was already posted. No bailout from Abu Dhabi
http://www.reuters.com/article/newsOne/idUSGEE5AR03220091128
@M E –
Chapman sounds serious..
Thanks a million!
Wake Up, America! – Pravda.Ru http://bit.ly/6tU9Sp
“I am concerned for the security of our great nation; not so much because of any threat from without, but because of the insidious forces working from within” – General Douglas MacArthur.
Since this topic comes up so much:
http://educate-yourself.org/cn/drivergreershotjfk.shtml
@Mother Earth
>>> Lol, this guy has it all worked out:
http://www.youtube.com/watch?v=veZL476N1MQ
Good link
@Tofu Charlie
Thanks for the response. As I mentioned, discernment is required.
The photo of young George and cronies is worth filing. It points to a reality that is not for the unwashed masses.
Krugman is a troll.
http://en.wikipedia.org/wiki/Don%27t_feed_the_trolls
Nothing new to any of us, but very well stated:
‘Central banking—and the subsequent mopping up efforts that occur cyclically—is a good example of one of the elite’s most important dominant social themes. Without money, other promotions are rendered moot. Why is central banking obviously a power elite promotion? Because it is unworkable, destructive, a contradiction in terms, and yet a program when implemented that creates enormous wealth for a handful of people along with bestowing tremendous control on the same players. You cannot put a few fairly elderly people in a room together, ask them to fix the price and quantity of paper money using unworkable econometric projects and have anything good come of it. It is what it is: price fixing. Central banking is a PROMOTION. It exists despite all its contradictions. It is taught in schools, despite the economic illiteracy of the concept, and commented on in the media. It is institutionalized in government. Central banking is a contradiction in terms. It is a Big Lie.’
The Daily Bell — UK Treasury Reveals Huge Secret Loans to Biggest Banks
http://www.thedailybell.com/617/UK-Treasury-Reveals-Huge-Secret-Loans-to-Biggest-Banks.html
@ALL:
Don’t airy-body wanna borrow Buster fur a’sniffin out them bad guys? He’z a’wantin to travel toos Europe? What bout Ole’ Cravatz? Don’t he need a good dawg?
some comments from Project Camelot….
[11/20/09 2:07:05 AM] Kerry Cassidy: we read the following:
“I do not normally pass on rumors or hearsay, but a very good personal friend’s uncle is a Deputy Economic Advisor to Obama as well as a Professior at a prestigious Eastern School. He was called into a private meeting last week with the President. They were told, I quote, the Following: “Between now and Jan 1st 70 more big banks will fail and 70% of Retail Companies will be Bankrupt. The President will allow them to make as much as they can for the Christmas Holidays then Jan 15 there will be a Bank Holiday and their new currency will be issued with a devaluation of 6 to 10 to 1. “I believe this is why they are trying to keep the market and dollar up now with their lies on all the News outlets. Set up the people to steal every last penny they can get. Martial Law cannot be too far behind. Get your money out of banks and into physical Gold and silver. I recommend 60% gold 40% silver, food, foundation seed, gun ammo generators… etc. If you cannot eat, drink it, wear it, live in it, raise food on it, do not invest in it. If you have stocks, bonds 401K IRA, take the penalty and put it in what I just said.
http://projectcamelot.org/
Climate change Fraud related videos…!!
http://www.youtube.com/watch?v=wAqZ1OHJf1s
http://www.youtube.com/watch?v=z1Qhm6YRdJE ( this is one of 5 videos )
@Youri
Thanks for that link.
“Skull & Bones” is the theme.
Poppy popped off John. What happened to John’s head? Trophy, no doubt.
In turn, Poppy’s son popped off John’s son, and took the head as a trophy, so it seems.
http://conspiracyrealitytv.com/the-assassination-of-john-f-kennedy-jr/
http://conspiracyrealitytv.com/the-assassination-of-john-f-kennedy-jr/
I completed this piece yesterday morning. I wanted to share it with you guys. It’s a mosaic comprised of 1cmx1cm pieces (there’s 1443 pieces total). I was inspired by a friend of mine; since I’ve met her, i always thought there was a certain sadness about her. This took me from the 25th to the 27th with barely any sleep in between.
http://i269.photobucket.com/albums/jj76/dabruin2/ART/IMG_5920.jpg
@frances
re gold
You must differentiate price in exchange vs value. These are completely different and based on the individual circumstance. Value is relative.
If I had 1000 gold coins what is the value of 1 more coin, we can determine the price.
A poor person with nothing, no food in a third world country, what is the value of 1 oz gold coin.
Zimbabwe – gold for bread
http://www.youtube.com/watch?v=s3LdNxV0yPM
@Mongo:
Krugman is a member of the elite group of 30:
http://www.group30.org/bios/members20.htm
Hi, Anything but! Have you been cloggin about?
Krugman writes
“At the moment, I’m leaning to a combination of two and three. For what it’s worth (not much), US bond prices are up right now, suggesting that the Dubai thing hasn’t raised expectations of default.”
http://krugman.blogs.nytimes.com/2009/11/27/rashomon-in-the-desert/
Does Krugman know that the whole system is being manipulated or does he play dumb?
@Phil:
O.
Yes, well. Rather!
@Youri:
Stella says that you can borrow Buster if you want to test out the waters for snake-oil selling preacher types. She is sorry that Buster ain’t really right cute, but he more’n makes up fur his overbite with his smart ways!
http://2.bp.blogspot.com/_V3iFuCk3V8g/SFalznwHkNI/AAAAAAAAATI/LKqicrDEMNU/s400/redneck_dog.jpg
@frances .. I am saying that a NWC controlled by the IMF, WB and WTO is a very BAD thing for everyone … except the elites of course !
If it was NOT controlled by those 3, i.e. a new system that is audited by trustable partner, then I would consider it.
@Youri
Ah, the crap&trade project might suffer a glitch but the long-term plan will go forward, surely?
Notice how the spin at the moment is that the bad guys “hijacked” the good environmental movement, despite the fact that the movement has always been the Trojan Horse of the ptb.
@Phil:
I can read, but I don’t know what you are trying to clarify. Are you saying, yes, I agree that this is occurring? Or are you taking umbrage to the article?
“You realy devolped a genuine Pavlov Preacher snake reaction,”
Steller! Ya better come on inside seein’ as yur hound dawg is a’goin at that scratchin’ agin.
Pa! That’s Buster’s reaction whenery the preacher comes to home. Why, I been seein’ Buster a’goin at that hangin ear when Preacher Bud is even just likely to come!
Stella, I ain’t a’believin what I’m a’hearin! How can one dawg be that smart? Seems all Buster is a’good at is eatin them chicken eggs I had a’set for fryers.
Ma! Buster knows Preacher Bud is a’sellin somethin and it ain’t chickens. That’s why he reacts with a’itchin. Why he just wantin to crawl right outta that there hound-hide whenery Pastor Bud booms up!
Steller! You-mind-yur-manners-ya-hear else’n I’ll give you somethin to mind! Pastor Bud’z our preacher and wez gotta trust him. Why he’s busy from sun-up to set just a’doin what he can to holp his congreegashun.
Shoot, Pa. Seems all I’m hearin long ears is a sellin gold morning to night. Claimin ‘itz honest and fights the devil. Seems right odd to me. But I’m a gettin outta here now anyhoots. Buster and I don’t like that red tint to yur face, Pa. Seems last time you took that red you like to blow a top over Ma’s old boyfriend Bubba.
Come on out, Buster. Here boy! You sure is one might smart dog!
Regarding Hugh on Dubai. Why do these guys take forever to get to the point and and write 28 paragraphs when 3 would do just fine. Does he think everyone is constipated and reading his drivel on the toilet?
@frances … ::: let them start by modernising multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.”[59]” :::
Isn’t that clear enough ?
“mankind lost all rights to exist” as can be read in the autobiography of Bunuel.
since the betrayal of beautiful arts at about 1900 or so and more speficially with the avant garde growing after that, i really do not understand what you are all looking for with your profits.
its not like your house is real. its not like your food is real, its not like your art is real, your life is not real, the decor of the world is complete carton board?! Its a fraud, its a mockery artists came up with.
…
Its the only luxury and one to enjoy most, the joke of someone owning a swimming pool looking so smug is always greater then owning a swimming pool.
artists are going to win.
humanity is going to loose.
there will be no justice but sadistic justice, and i see all my dreams of mankind in trouble come so close.
go look for the surrealists now, go look for all the cynicism and the sarcasm against the civil since 1780 or so, kicked off by Sade, up to the surrealists, before of course the civil completely sugared up art to become entertainment.
…
if the civil looze their rights, then the rich don’t need Disney anymore to rule… they will rule with soldiers.
aaaaah.
then my beloved art will come back.
art without any more sugar in it, art again tragedy.
@frances snoot
You realy devolped a genuine Pavlov Preacher snake reaction, I recon. I donnow the man well but kinda like him. See him more as a bald little tough survivulist.
But if you are into relegion better avoid the preachers indeed. Preacher sons are usually crazy. Donnow why but seen that a lot.
Adam C
Thank. A great interview
Guru’s always have a way with women.
That is an axiom I agree with!
@Youri:
Trust in your own sagacity, Youri. You’re a big boy.
Why are we buying people instead of words? Trust what you know to be true. Ask questions about what the vested interest is of the talking head. Cross reference scientific publications.
The people on top have everything to gain now by obfuscating the story in favor of the IMF. They are sold out. They figure: if you can’t beat em, join em.
But, you Youri, have indicated you believe as I do that the endgame involve mass murder. I can’t join em. Besides: I hate hypocrits.
And I really detest snake-oil selling preachers.
@frances snoot
He propbably all stole it from Magdalena, Jezus first diciple. Shagged her and than later they called her a whore. Guru’s always have a way with women.
@frances snoot
So who can we trust?
@Youri:
Stinkin and blinkin would describe Lindsey Williams to a tee.
Jesus at least had some helpful guidelines.
@frances snoot
You forgot about Lindsey Williams and Jezus. They all stinking blinking protecting their own
Who is frickin jokin, Phil? I don’t understand your point.
@Joe:
No. Schiff is there to protect interests just like Alex Jones operates to protect interests. It’s time we stop being so naive.
@Joe:
No, it was that guy from the Sl.Louis Fed. What a stupid thing to say. He’s lying for affect.
“A super-sovereign reserve currency not only eliminates the inherent risks of credit-
based sovereign currency, but also makes it possible to manage global liquidity. A
super-sovereign reserve currency managed by a global institution could be used to
both create and control the global liquidity.”
http://www.bis.org/review/r090402c.pdf?noframes=1
@frances … “In April of 2009, Robert Zoellick..
They are of course frickin joking !
@frances
to be fair Schiff didn’t say the yuan would be the reserve currency the fed rep said he could see it in the far off future. Schiff might come from a privileged past but I don’t think he should be written off IMHO
“In April of 2009, Robert Zoellick, President of the World Bank, said that, “If leaders are serious about creating new global responsibilities or governance, let them start by modernising multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.”[59]”
http://www.informationclearinghouse.info/article22370.htm
Just thought I’d reprint this message from Investor Village – Precious Metals board.
Couresy of “liambert” …
Saturday Update: Is Friday D-day on COMEX ?
…Well, Comex was kind enough to release their report at 11:30 PM last night. 286,600 ounces were up for delivery on the first day of the December contract. This is 15% of what is in warehouse. An amazing 33 Firms listed for delivery – usually it is 4 or 5 firms on a given day. The biggest stoppers (receivers) were JP morgan with 106,300 ounces and Goldman with 66,700 ounces. On the issuing end (suppliers), Nova Scotia accounted for 285,700 ounces, virtually the entire amount.
Keep in mind that the firms can take delivery but never actually remove it from the warehouse. In this case, the gold stays and remains availible. The gold that is actually removed (first date possible December 1st) may take weeks to be removed and will be reported as a reduction in warehouse gold when removed.
…
http://www.investorvillage.com/iv2/smbd.asp?mb=144&mn=34558&pt=msg&mid=8234707
Here’s the brilliant mind debate about the dollar from the really dumb for the institutionally stupid:
http://finance.yahoo.com/tech-ticker/article/379863/Alan-Blinder-vs.-Peter-Schiff-When-Will-the-Dollar-Lose-Its-Reserve-Status;_ylt=AvK0.eCf.zgfuEABpnxuFsNl7ot4;_ylu=X3oDMTE2cTFpNHQ3BHBvcwM2BHNlYwNyZWNlbnRQb3N0cwRzbGsDYWxhbmJsaW5kZXJ2?tickers=uup,udn,spy,dia,gld,gdx
@Dedo:
Here you go, Sherlock. Elucidate!
http://www.naturephoto-cz.com/photos/sevcik/sri-lankan-pipe-snake–cylindrophis-maculatus.jpg
As Stacy said, Gold is an element. No more, no less–it is worshipped for some metaphysical essense which only plays into the hands of those who plan to enslave or murder the masses and are looking to buy a small amount of time.
Look at this for silly:
http://finance.yahoo.com/tech-ticker/article/378046/Fed-Face-Off-Peter-Schiff-Goes-Toe-to-Toe-With-Alan-Blinder-Jim-Bullard;_ylt=ApjxxjXHakaa1LZcH4ObCSlk7ot4;_ylu=X3oDMTFhdXEzMms0BHBvcwM0BHNlYwNtb3N0UmVjb21tZW5kZWQEc2xrA2ZlZGZhY2Utb2ZmcA–?tickers=gld,gdx,udn,uup,spy,dia,qqqq
There is no way in seven hells that China wants the yuan to be reserve. Schiff is the scion of a rich and advantaged family.
It is a game.
I would suggest that, considering the amount of energy it takes to extract gold (carbon footprint),..it’s not going to be a very popular medium of “wealth”exchange or storage, with the up and coming new “Gaia” movement.
What do ya reckon Mother?
I’m actually quite intrigued with this new cog in the works regarding rogue climatologists. Something is afoot me thinks,..hmmm (fetch my pipe Watson!)
Lol, this guy has it all worked out: http://www.youtube.com/watch?v=veZL476N1MQ
I think his Interest is 2.99 % per month so its 36 %per annum i think that guy should check it out with his bank
@anything but green — link looked interesting… but IMO it’s low-quality tabloid disinfo. The Otto Skorzeny stuff, for example, is ridiculous…
My conspiracy theory is that the IMF is ‘selling’ US gold through their sdr manipulations in an orderly unwind of dollar positions in foreign sovereign accounts.
The Fort Knox gold is the IMF gold.
IMHO
Not that it matters as gold was instrinsic to the old paradigm of currency understanding. The new paradigm is about balance between member nations with a functioning Clearing Union and no deficit/reserve position outside the liquidity control of the IMF functionary. Complete control of global liquidity under the global bank administered by the elite.
The people will be enslaved under the carbon system.
http://en.wikipedia.org/wiki/International_Clearing_Union
http://mostlyeconomics.wordpress.com/2009/10/20/revisting-keynes-idea-of-international-clearing-union/
@frances snoot
The “our currency masters” like to send all the gold to the Moon or destroy it like Goldfinger. The central bankers hate gold it ruins their game that’s why they don’t hesitate to lie about it , double count sold gold on the balance sheet, tungsten it or whatever necessary.
“They” and “somebody” know more about gold than I do. I like gold but more the ancient one in art artifacts http://tinyurl.com/cp92ty
Lol, this guy has it all worked out: http://www.youtube.com/watch?v=veZL476N1MQ
Fair value is what someone is willing to pay. The question being, when the currency is in carbon, what fair value will be assigned gold by our currency masters?
Who needs a suit when the dollar is dust?
They say – Inflation corrected – round $1500 ounze.
Youri, I asked you, not ‘they’.
The 250B was in sdrs which do not operate like paper currencies at all. Member nations that draw on sdrs must pay the IMF interest if their allocation drops below a set level.
http://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm#q5
@frances snoot
They say – Inflation corrected – round $1500 ounze.
Needless to say I didn’t make the calculations myself but it sounds good. One ounze should buy you one handmade suit – somebody said.
“Mr Jen is an expert on sovereign wealth funds from his days at Morgan Stanley. The gold story — essentially — is that the rising economic powers of Asia, the Middle East, and the commodity bloc are rejecting Western fiat currencies. China, India, and Russia have all been buying gold on a large scale over recent months”
Ambrose is into conspiracy theories here. Guess he can let his hair down on a blog?
Why does he ignore the term sdr in the above leap of faith? Why does everyone seem to bury the sdr story concerning gold and dollars beneath last week’s bagel breakfast?
Doesn’t the IMF usually have an agenda to their actions? Especially since the G20 recently ceded fiat control for reserve to the IMF which promptly *poofed 250 B into accounts for member nations due from the 4th amendment passage.
What would the agenda of the IMF and the BIS currency monopoly be in the instance of a genuine move away from paper currencies by Asia? Wouldn’t continued profit and control be their number one move? Are we supposed to believe that Asia doesn’t want a place in the sdr basket to be revalued in 2010?
Speaking of JFK – Read this yesterday (how the CIA and national security state set up – revealing stuff!)
JFK and the Unspeakable: Why He Died and Why It Matters by Edward Curtin http://bit.ly/4F9Xvz
Krugmans idea’s of a recovery must hold some value in the way off ‘futures market’
Chapman sounds serious.. http://www.youtube.com/watch?v=rn94OzLerVo
So Youri:
What’s a fair value for gold?
@anything but green.again
JFKII – The Bush Connection
http://video.google.com/videoplay?docid=4330031689287456187
Someone should put Krugman on a small boat and push him far out to sea.
@youri
you might as well be the editor for prison planet since your creating all the traffic on there lol. I ‘tweeted’ your link so hopefully that helps
@anything but green.again
Yep, aaahaahaha! Karl on “Crap and Trade”
Question is did we learn the lieing Crap from them or they from us?
‘Cap and Trade Is Dead’ http://tinyurl.com/y922hzb
FromAmbrose:
“How on earth do we determine what fair value should be for gold? “We have no such concept,” he said. Actually, that is not quite true. You can use the dollar monetary base as a proxy.”
Yes, but what is the FAIR VALUE of gold? What a dance around a good question.
@Joe
The more you click on the link the happier I get. Made it a sort of little game for myself. When I started new postings on the Dubai subject I had 2975 viewers. Now the counter stands on 3890. I hope to make 3975 today cause than I would have 1000 viewers within 48 hours or so….not bad for a little stinking post on Prison Planet.
Hello fellow Economic Units,
Want to make an offering that might make up for my failure to contribute anything for a couple of months.
Have you ever tried looking into the backgrounds of people who shape our world, only to find that little oddities like, for example, the high-school their granpappy officially attended wasn’t even built at the relevant time? Or that you seem to be dealing with more than one person with the same name? Or that there’s some kind of mystery about the identity of the fathers or grandfathers of many iconic personages?
No? Well, not to worry. Here’s a little gem pertaining to the international family of banksters and hoaxsters. It’s an important if tiny dot, and of course discernment is required. The waters are indeed muddy:
http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_bush19.htm
Jesse’s Café Américain: Weekend Viewing: Fall of the Republic http://bit.ly/57J2JA
Bearish news: Peter Schiff Debates Fed Officials http://bit.ly/4NRRzy
Angry Bear: Inflation Detour II: Crisis and Recovery across Great “Fluctuations” http://bit.ly/6CdwMa
@Joe
“…Stacy posted…” You mean this one? http://tinyurl.com/y9tugat
@youri
Sorry… good links though
@Joe
Yep, it’s ment to be an over sight of the articles posted on the Dubai subject.
So if you can detect that articles were posted before you’ve done your homework well, congrats. Keep it up.
I know somebody selling a 1000 oz siver bar..Must be good delivery..
The British press start to inform the “Sheep”:-
http://www.dailymail.co.uk/news/article-1231563/Is-Britain-brink-financial-armageddon.html#ixzz0Y6k14lTO
Mike
@youri
ahh never-mind im guessing thats you who posted it on prison planet – sorry
Might be old news but here ya go
UK Treasury Reveals Huge Secret Loans to Biggest Banks http://bit.ly/7hhb5Q
NY Times Blows The Whistle On Drug Industry’s Dirty Tricks http://bit.ly/8dLWIw
China And The Environment: Go Blow Yourself – The Market Ticker http://bit.ly/7vu6AA
@Youri
did you skip over the first link stacy provided? lol its the same exact link as you posted
@TJ
If im not mistaken the Daily Reckoning & Agora Financial are based out of my home state of Maryland as well as Bill Bonner (the author) is from here.
Regardless that website is without a doubt a very good. they have a good interview with Marc Faber here :
Marc Faber’s Predictions for 2010 & Beyond http://bit.ly/5qYeRP
It’s a good interview but nothing really different from what we all know.
Dubai or not Dubai — that is the question (scroll up for more – Updated ) http://tinyurl.com/yhjr9zy
Dubai or not Dubai — that is the question (scroll up for more – Updated )http://tinyurl.com/yhjr9zy
Alex Jones TV: Lord Monckton Talks About Climategate
http://www.youtube.com/watch?v=z1Qhm6YRdJE
REALLY good interview. Thoroughly debunks the AGW theory, accuses The War on Carbon campaigners of causing mass starvation in the third world, and then calls for a worldwide FREEDOM PARTY to fight in all national elections to drive out the globalists and WAKE UP their bed-wetting, useful idiot, sycophantic, crumb-catcher supporters.
How is England going to get gold? Confiscate it? Put opium in their Cornish Pasties?
@Joe
The Aussie point of view is always refreshing.
Here’s a link to a film they didn’t dare release in this economic climate. Based on a true story etc;
http://www.thenothingmen.com/TNM_Real_World.html
Dubai
The shopping stopover.
@TJ
yeah read that yesterday – great article. Worth everyone’s time
http://www.dailyreckoning.com.au/recession-is-over-welcome-back-depression/2009/11/26/
Can tourism really fit that Ideology of “repeat buyers”
I mean a Family or a person is Gonna spend a lorge amount of money in a very short Span of time . I dobt he’ll go to the Same place Been there done that.End result of a leasure activity is you are down anywhere b/w 1500 $ to 5000 $ why would ya wanna go to the same place
What ever happened to the Marketing ideology of “Repeat Buyers” I have a Hundai i liked the car no problem car i bought another one it fit my budget
I mean you cant base an Economy of a Country on tourism WTF i have done Bungee Jumping There is no need for me to do that again
Maybe The UK & US can somehow get Timmy over to Dubai and make sure their debt is paid back in full
Dutch State at Risk of Dubai (Google trans from Dutch) http://tinyurl.com/yglx75a
European banks lent forty billion to Dubai (Google trans from Dutch) http://tinyurl.com/yg9rrqz
From My Experience and me Dad’s Experience with guys from the middle East is that they are prity dumb
They too much into Religion so they got blinders on thier eyes like a race horse well it looks like they wen into a brick wall while negotiating the last turn.ROFL
@Stacy
Halliburton moved their global HQ to Dubai.
Any idea if they’ll stay on past the “crisis”?
Dubai did OK so long as foreign credit/investment money poured in. When that stopped … holy sh*t!!! Krugman is either being dense or dishonest when he brushes off Dubai’s default as an isolated event.
Krugman would like to spend our way out of our debt – Its definitely interesting times we live in when the main solution by top economists is spend spend spend….
@stacy. my series of tubes is still slow today. will you be putting up part 2 of yesterdays show.
” The Moment there is Hightened Security around an Event or a Person or Group of Persons something is going down” RODFL
Poor Dubai. Didn’t know about their junk bond status for their water and electric until now. I’m a bit confused about what they call their economic model. The west has always been about crushing countries and leaders who nationalize big parts of their economies or try to develop in a meaningful way. But it’s okay for a rich emirate to own and run everything? What is that called? Simply socialism for the rich?
Nigel Farage expressing the obvious, hey Super,…: )
http://www.youtube.com/watch?v=0vBqyG6qYXE
Gold back up 1177
Not sure why Keynes Krugman is involved in this.
Morning!
The $NIKK is crashing, take a look at the 2 year weekly, falling 15% since August, 10,767 to 9081, the canary in the coal mine. IMO, this will likely spread to other markets. Be nimble.
0.1st