China

Fischer Says European Debt Crisis Is ‘Manageable’

May 25 (Bloomberg) — Bank of Israel Governor Stanley Fischer talks about the next leader of the International Monetary Fund and the possibility of a Greek debt restructuring.
He speaks from Paris with Bloomberg’s Francine Lacqua.

Duration : 0:10:52

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Debt Comments Off

Money As Debt 2-4

A movie that explains clearly and simple the compicated finacail slavery we are under! www.moneyasdebt.net

Duration : 0:9:0

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , ,

Ruling Kleptocracy: $1 earned = $10 debt

Every week Max Keiser looks at all the scandal behind the financial news headlines. Watch full episode 108 of Keiser Report on Thursday.
RT on Facebook: http://www.facebook.com/RTnews
RT on Twitter: http://twitter.com/RT_com

Duration : 0:1:26

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

‘Seven cheeseburgers, fries and a $180 trillion US debt’

Watch the full Episode 104 of the Keiser Report on Thursday! This time Max Keiser and co-host, Stacy Herbert, look at one Irishman in America speaking his mind about Irish bleeping bankers and while another Irishman, David Drumm, an Irish bleeping banker, is on the run and declaring bankruptcy in Massachusetts after bankrupting his own nation. In the second half of the show, Max Keiser talks to Ed Harrison about the European financial crisis.

Duration : 0:1:49

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

US Black Debt Hole: ‘We want you all bankrupt!’

There is no possibility of agreement at the upcoming G20 summit because the U.S. is declaring financial war on other countries, believes American economist Michael Hudson. The U.S. has been pushing China to revalue its currency — at a time when Washington has been pumping billions of dollars into its economy — a move viewed by other countries as an attempt to deliberately weaken the greenback. The issue of exchange rates is expected to be one of the toughest discussion points at the G20 summit in South Korea later this week. Michael Hudson, a renowned economist and Wall Street financial analyst and advisor, says the meeting in Seoul will not bring an end to global currency wars. “The U.S. is going to China and saying ‘we want you to commit economic suicide just like Japan did. We want you to follow the same way: we want you to re-value your currency, we want you to squeeze your companies, we want you to go bankrupt so we can make our profit at your expense,” says Hudson.
RT on Facebook: http://www.facebook.com/RTnews
RT on Twitter: http://twitter.com/RT_com

Duration : 0:10:55

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , ,

Money As Debt 3-4

A movie that explains clearly and simple the compicated finacail slavery we are under! www.moneyasdebt.net

Duration : 0:9:40

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , ,

Morgan’s Roach Sees Increased Frequency of Debt Crises: Video

May 10 (Bloomberg) — Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg’s Tom Keene about the outlook for South Korea and the frequency of financial crises.
Roach also discusses the need for Asian economies to focus on internal consumption. Kenneth Fisher, chief executive officer for Fisher Investments Inc., also speaks. (Source: Bloomberg)

Duration : 0:4:12

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Debt Comments Off

FED using foreign banks to monetize debt behind closed doors

Bob Chapman talks about the dirty tricks pulled by Ben Bernanke for the federal reserve to manipulate the dollar
recorded on August 14th 2009

Pressure (Countdown) Toward Breakdown

http://www.kitco.com/ind/willie/aug132009.html

By Jim Willie CB
My best sources of information report that some unexpected deep shocks are coming from USGovt creditor nations. They are simply fed up, frustrated, and astonished at the manner of lost control, spiraling debts, and blatant monetization amidst lies in denial of that same monetization.

The USTreasury auctions now have domestic hidden elements, and global hidden monetization elements. The USFed is purchasing through Permanent Open Market Operations the bonds grabbed by the primary dealers. Some of the auctions are actually underbid, and fortunately for the statistics, the bid/cover ratio includes obligated dealer bids.

The USFed liberally uses its USDollar Swap Facility to enable strong bids by foreign central banks, except that they are highly likely coming from USFed accounts on foreign soil, or else from money lent by the USFed itself. Warning after warning have come not to monetize, not to debauch the USDollar currency, not to permit skyrocketing deficits.

Yet they continue, and worse, little if any reform or actual stimulus has occurred. Mainly what we witness is more channeled funds to the big banks, more coverage of credit derivative fires, and more announcements of bond support. See the $1.25 trillion support for Fannie Mae bonds, aka USAgency Mortgage Bonds.

The Green Shoots have now been dismissed as a marketing ploy. The Stress Tests have now been dismissed as a marketing ploy. The Stimulus Plan has now been dismissed as a marketing ploy. The only USEconomic recovery will be a statistical recovery. A Jobless Recovery is a recovery for stocks and a redemption for the bankers. Main Street continues to be discarded.

As a last footnote, never overlook the continued urgent Chinese initiative to spend their USTBonds quickly, for useful tangible purposes, before any damaging sequence of events occurs. Simon Black (aka the International Man) wrote, I have been spending a lot of time this week talking to my sources in China, one of whom is inside one of the countrys sovereign wealth funds (SWF). He also indicated that the SWF analysts were working around the clock trying to put deals together.

For China it is a race against the clock for how fast they can convert their $2 trillion in USDollar holdings into strategic assets, namely oil and gold. At todays deflated prices, putting together a really good billion dollar deal is a difficult thing to do. Putting together 2000 of them is impossible. Doing it before the dollar collapses? Not a Chinamans chance. And they know it.

Duration : 0:9:46

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bush Has Doubled National Debt with Deficits

Jack Cafferty interviews former Nixon Commerce Secretary Pete Peterson, who discusses the unfortunate political and financial reality of the Bush Administration’s excessive spending, deficits, and China borrowings, rendering us both politically and financially vulnerable, as we devolve into third world nation status. Another reason why the Bush legacy will be to take us from the World’s most formidable military and financial power steps closer to being third world nation.

Duration : 0:6:7

› Continue reading

Technorati Tags: , , , , , , ,

Tags: , , , , , , ,

Money As Debt 4-4

A movie that explains clearly and simple the compicated finacail slavery we are under! www.moneyasdebt.net

Duration : 0:9:30

› Continue reading

Technorati Tags: , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , ,