Socio-Economics History Blog

Socio-Economics History Blog

Month: July 2012

Jim Rogers: Financial ‘Armageddon’ Will Happen Despite EU Deal !

by mosesman

[gigya src=”http://plus.cnbc.com/rssvideosearch/action/player/id/3000099838/code/cnbcplayershare” width=”400″ height=”380″ quality=”high” wmode=”transparent” allowFullScreen=”true”] Financial ‘Armageddon’ Will Happen Despite EU Deal: Rogers!  By: Ansuya Harjani , http://www.cnbc.com/ Even as markets cheered the agreement by European leaders to allow the direct use of the bloc’s bailout funds to recapitalize struggling banks, well-known investor Jim Rogers told CNBC the move does nothing to help …

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SWIFT Threat By US Turns Out To Be Dollar’s Achilles Heel !

by mosesman

The threat of locking countries out of the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system has backfired. The SWIFT system is used in all transfer of funds between countries’ banking system. America by threatening to lock out countries not in compliance with their wishes on Iran has galvanized China and its partners into setting …

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BOE MPC Expected To Launch £50Bn QE !

by mosesman

The idea that economic growth comes about by printing money is nonsensical. If QE, creating money out of thin air, works I would be the first to vote for it. Heck, they should create 1 million dollars for each man, women, child and their pet dog. QE is simply more debts, more debt enslavement of the sheeple. …

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Iran Vows To Confront “Malicious” Embargo!

by mosesman

[youtube=http://www.youtube.com/watch?feature=player_embedded&v=KLSlmLx4Fls] All the talk about an Iranian nuclear threat is a red herring! It is propaganda BS used as a pretext for a coming war against Iran. Iran does not have any nuclear bombs nor a nuclear weapons program. The real nuclear threat in the Middle East is Zionist ‘666’ Israel, the Satanic counterfeit, with its …

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A New Nightmare on Wall Street? U.S. Banks Face Criminal Probe into Global Interest Rate-Fixing Scheme as Barclays Blows The Whistle on America’s Financial Giants!

by mosesman

Practically, all major western global banks are Illuminist owned IMO. The LIBOR is used to set many interest rate levels for eg. the interest rates on home loans. When it is kept artificially high, it means that home owners must pay more to the banks for their monthly payments. This is the way the banksters are rigging …

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