Markets Mayhem: Asia Stocks Plummet on US Rating Downgrade!
[youtube=http://www.youtube.com/watch?v=AWFQpQCZ0B8]
Socio-Economics History Blog
Socio-Economics History Blog
[youtube=http://www.youtube.com/watch?v=AWFQpQCZ0B8]
[vodpod id=Video.14725054&w=425&h=380&fv=] Hegelian Dialectic in action! Illuminist banks and hedge funds create the problem by attacking Italy and Spain ie selling their bonds. This drive interest rates up and threatens to collapse Italy and Spain. Illuminist central banks pretend to be unwilling to takeover national sovereignties. The problem festers and markets are driven lower. The sheeple …
[youtube=http://www.youtube.com/watch?v=OzZviW44E8U] [youtube=http://www.youtube.com/watch?v=g-6ZS_RzEYY] [youtube=http://www.youtube.com/watch?v=zbHc1uWIRZs]
The major banks in America and the Eurozone are insolvent (ie. bankrupt!). The only reason they are still standing is because politician snakes have exerted pressure and the laws of fair market value accounting have been changed. Essentially, banks are now allowed to value whatever crap they have on their balance sheet at fantasy value. The …
[vodpod id=Video.14712651&w=425&h=350&fv=] The Chinese are in a pickle. They are caught with US$1.5-2.0T of USD denominated reserves. They cannot get rid of it without shooting their entire leg off. It is global financial Armageddon when they do use the ‘nuclear option’ of dumping all their USD and US treasuries! Calling for the immediate creation of …
[youtube=http://www.youtube.com/watch?v=r2Hul_M4pNI]
[vodpod id=Video.14712145&w=425&h=380&fv=]
[vodpod id=Video.14712064&w=425&h=380&fv=]
A flight to safety means gold is going alot higher. No matter how the Illuminist bullion banksters try to depress gold price, they will fail. They know it and are simply fighting a rear guard action, a controlled retrograde move before allowing gold to explode higher! Great volatility in gold and silver prices (especially silver) are to …
How will this week turn out? It is going to be a wild ride. Israeli stock market has collapsed 6+% before being suspended. I suspect that by the end of the week the FedRes will announce QE3 to stamp collapsing stock markets. – Saudi stock market first to plunge on S&P downgrade http://www.telegraph.co.uk/ Saudi Arabia’s stock …
[youtube=http://www.youtube.com/watch?feature=player_embedded&v=IF24atvNkSo]
[youtube=http://www.youtube.com/watch?v=LMJLXBueVLc] ANZ, Japan and Korea markets have opened down 1-3%. Gold hits record highs at US$1685/oz. end