visionvictory, what we need to do is find a way to band all persons and organizations, including militias, to join together as one large organization. I really think we can gain the upper hand. We would have doctors,lawyers,accountants,police officers,soldiers, basically an extremely organized force to take our country back. We have enough people involved now, that we just need to bind together as one big voice. Please consider this and help contribute to this cause. We NEED to do something fast
i have a new 1 for you on the news in the uk the use of direct debit cards is being used more than paper money think about were the uk is slowly heading
Morgages crisis is just a small part of the global economic crisis. Economic crisis comprises of all of the economic mismanagement such as, morgages problems, trade deficit, wars, unemployment benefit, and dollar values.
China is buy up gold like you never seen before. They are going to back their curreny with gold.
Gold for $500 per ounce. Gold is at $950 right now and going up. I represent Gold Mine Owners doing Advance Gold Sales for a limited time only. Contact me if interested.
It is foolish to believe that the US dollar will go down without taking the US population, as collateral damage. The Fed is on the way down but it will be very messy. Protect yourself and help your neighbor. All we have is each other.
So you can imagine again the judgement procedures "against all the humanity". Some innocents will be punished for crowds (as always made in all times by all countries incl US, Japan, Russia,etc). As a result of "highly professional" investigation humanity will understand approximate amount of FRS faky paper - for ex more tahn 10trln of doll. Who will pay? Correct-nobody and no one. As a result - no debts, no dollar; FRS will take care about new "amero" to leave the mint in private hands..
US is bound to the modern economics, army, political weight, good live-level to FRS and its dollars (see A.Grinspen book).
And nothing good happens with all in US if the world get a new currency with mint on the Moon.
So FRS decided/s to get rid of debts (more than 1trln doll): to make a "little" global scandal - in 20th of June a pack of US-intergovernmental obligations were found on sum 130mlrd doll in a bag of japanese businessmen. Of course it was momently considered fake.
The greatest world's problem is american private federal reserve system with dollar/WC-paper mint. The current crisis was worked out by FRS to capture main US-banks (getting more money, political etc-power) and to collapse concurents.
It is no matter who is a president and sort of party - these are only made for crowds for fun. The main power in US and in world is FRS.
Why is it so? Because it is profitable for all sides: for "great-seven" FRS, for simple americans, for state =synergism.
Awesome videos. The ppl in the U.S. need to wake up and realize there government has failed them. All these companies we "bail out", where are there CEO's, GM's etc? Sitting on there huge bank accounts,there pockets arent empty, but ours are. Let them bail out there companies, let them take a pay cut to keep there company afloat. Instead we take food out of our mouths to keep GM, Ford, Dodge afloat when half the country drive foreign cars.
we shouldn't have bailed anyone out. cause they are gonna collapse anyway. but now you guys are gonna have hyperinflation and the banks will still collapse.
They will not wake up. Back in 1929 an ounce of gold could rent you a place for a month approx $20, now in 2009 that same ounce of gold over $900 can get you a place for a month.
So what did gov do? Make gold illegal.
Gold is worth the same, but the dollar is almost worthless.
more and more asian countries are already trading with China in Yuan. in 5 yrs, US dllrs will disappear in Asia frist. believe it or not. american should consider waging a civil war and break US into 50 plus small countries and put them up for auction in beijing. this is the only way out.
how U people work to pay them off, PRC owns 10 x n US Treasury bonds, how U people work to repay them all, within next decades, US currency will be fade out in asia. Russia vs China and Brazil vs China will be trading in Yuan instead of USD
don´t worry man , after they get their global currency, they will put the economy back to work the old fashion way, by going to war, this time ww3, it will end with a nuclear bomb in the us. and at least 3 billion people death, so demand math depleted oil supply. and then to have a job and money, you have to accept a microchip in your body, so you can be track and watch 24/7. cash will dissapear and money will be all electronic. by now they are killing the car industry to lower oil prices.
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." Thomas Jefferson
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country.
o Israel blackmails our corrupt politicians.
o Israel steals our taxes.
o Israel uses our country as their toilet.
For more info, click my UsedID then browse my informative Israel playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
How is it the currency's fault that the economy is in crises? I put forth that it's the ever increasing debt load that has caused the economic crisis. When you always spend more than you create, the result is always an increasing deficit. It doesn't matter whether the debt is in Yen or Ruples or whatever. The ever expanding debt has caused a financial tsunami, not the currency.The real question is, how do we fix it.
Furthermore, the banks that were responsible for promulgating bad debts should be the ones to "eat it".The taxpayer is in no position to "bail out the banks", nor should they be required to. The government should not be in the business of bailing out failed businesses.The banks failed because of poor business practices and forcing the taxpayer to reward those irresponsible decisions is just plain wrong.
So how is a declining dollar better for the US. Is it something like, it makes it easier for foreign countries to compete, and since we're all tied together it brings up all the ships with it? Like trickle down economics?
I'm not going to waste my time on you fanatics anymore. For the last time, only God knows when the end time will be. Not the Mayan Calendar, not Nostradomas, and not anybody else. Get out of your homes, and get a real life. Don't bother responding, because I'm not coming back here again. Say hi to the Tooth Fairy and the little Green Men from Outer Space if you see them. Adios :).
I can try to prove God is real but there is no point trying to convince you. I have said you can look in the bible in the book of revelations and read the prophecy as it is unfolding. The bible mentions the mark of the beast (global currency) and that is taking place China wants a new currency and so does Russia and the EU. What more proof do non believers need to have? It still wont change the fact that if you don't have faith not even a little bit you wont believe any ways
This comment has received too many negative votesshow
Shame on you. Profiting from people's fears is wrong. When you terrorize people you become a terrorist, it does not matter if you use violence or psychological war. DO NOT LISTEN TO HIM PEOPLE. Fear attracts poverty.
Boo YAH Biblical prophecy is being fulfilled! The nonbelievers that thought that Jesus had not even existed have been proven wrong. This has been prophecy for more than 2000 years a one world currency and government and look at it folks its happening! Obama is taking over GM a private business! This is all about power and money. The power to control people through fear and using tax payer dollars to do it!
hmm that's an interesting one..but i doubt so unless world war 3 is up for it..because the world has been agreeing on US currency for too long to suddenly change eventhough US is crashing down with its economy..
btw guys, want to share with you about this new blog that shows only the best youtube videos, reviewed, scripted and discussed!
Investors created a feedback loop where more people would invest encouraging people to create more investment opportunities in a commodity that has an ultimate value to people which can be exceed. This was the reality of the "subprime bomb" that devastated the economy. It is the fact that the investors were not localized in the US that really destabilized the global economy. A gold standard doesn't fix this. There is a backing for modern currency already. Labor from the tax base (taxed money).
Recession Puts a Major Strain On Social Security Trust Fund
With unemployment rising, the payroll tax revenue that finances SS benefits for nearly 51M retirees and other recipients is falling, according to a report from the CBO. As a result, the trust fund's annual surplus is forecast to all but vanish next year -nearly a decade ahead of schedule -and deprive the government of billions of dollars it had been counting on to help balance the nation's books.
Holy cow! A year into the 'recession' & 10 years of projected payments are wiped out! What's going to happen in another year? This country is unraveling faster than I could have imagined. Also I've read that the federal budget & the budget for social security is horribly flawed because it accounts for 3-5% yearly GDP growth!
"A currency devaluation is a good thing......for the U.S?" Who are you trying to kid? "Building a lot of truth here".......WOW! What a moronic chatter-mouth! He knows the word 'unsustainable" !! I find jokers like this bloviating fatface to be the new "weeds" in the media....Oh, YES! We can't wait for your new map on how to think! Shut TFU!
In this episode of Inside China, we talk to He Qinglian, renown Chinese economist about her book "China's Descent into a Quagmire". Here you will find out more about the inside workings of the Chinese economic and political system.
Defunding the military will only encourage countries with hostile intent to take what they want from America. A good example would be China, Circa the 1800s, or Japan of the same timeframe. A weak military encourages those with stonger ones to dominate the diplomatic court. After all, War is just diplomatic operations through other means. We don't need more healthcare, or more military, or more anything, we need LESS. we need sound financial policies across the board, not from a single source.
Al, the world is going to be under water in a few months obviously believes in conservation. Apart from flying in private jets to preach about how we need to recycle our pee, he also racks up a 30,000$ UTILITY BILL EVERY year in his 12,000 square foot home.
Armed with Gore's utility bills for the last two years, the Tennessee Center for Policy Research charged Monday that the gas and electric bills for the former vice president's 20-room home and pool house devoured nearly 221,000 kilowatt-hours in 2006, more than 20 times the national average of 10,656 kilowatt-hours.
Remember this when Obama pushes more TAXES ON YOUR BACK!
2. "We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity," it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century. In effect, the G20 leaders have activated the IMF's power to create money and begin global "quantitative easing". In doing so, they are putting a de facto world currency into play.
1. Telegraph: "The G20 moves the world a step closer to a global currency-The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity. A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.
So because Israel is destabilizing the middle east even further, a region with strong anti-American attitudes, we should downgrade our military power? I don't follow your logic here. Downgrading the military power doesn't free up enough funds to solve that problem. What is really needed is for the politicians to care about reducing national debt and maintain sound fiscal policies enough to tighten their belt across the board, not focus on a single budgetary item.
You are quite wrong. As an Obama supporter, I didn't vote against the relics of the past. Those relics exist for a reason. I voted to end the crusader mentality that brought about the Iraq War for the reasons given (it was still needed, just never for the reasons given. Google Uday or Qusay Hussein)
The failure of America isn't demonstrated by the Iraq war, but in the support of criminal regimes. That unsuitability requires a strong military to prevent the inevitable retaliation.
the BIBLE talks about a currency crisis. READ IT!!!!!
at the end of time, the world will be ONE CURRENCY....
READ the Revelations. There are ALL signs of the end of the world. TELLS YA SOMETHING HUH!!!!
Get aboard and research jesus christ and what it takes to be saved!!! Just believe in your heart that God gave his ONLY begotten son to DIE on the cross to Pay for OUR SINS. COULD YOU DO THAT???? REVELATIONS PROVES IT!!! P.S. Get your facts RIGHT before you Speak. God Bless.
I hope you are kidding. The US military needs to be strong until we can cast aside the disgrace that we have brought upon ourselves from actions ranging from the Banana Republic Wars and the Bay of pigs to supporting Osama Bin Laden and Saddam Hussain. We weaken our military, a lot of angry people are eager to kick down our doors and get payback. As for Isreal, they don't need America. They have a highly trained military of their own, and probably nukes as well, though they won't say.
"19. We have agreed to support a general SDR allocation which will inject $250 billion into the world economy and increase global liquidity, and urgent ratification of the Fourth Amendment."
IMF SDR Factsheet: "SDR is a reserve asset. Fourth Amendment intent is to enable all members of the IMF to participate in the SDR system on an equitable basis. Approval by the US would put the amendment into effect. "
U.S. banks that have received government aid, including Citigroup Inc, Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co, are considering buying toxic assets to be sold by rivals under the Treasury's $1,000 billion plan to revive the financial system, the Financial Times said.
Now, guess who picks up the tab on these worthless "LEGACY ASSETS."
When WILL THE TRAITORS BE PROSECUTED AND SENTENCED?
There is no viable currency to take over from the Dollar.
Not to say the US,short/medium/Long term is not in a serious mess,it is.
The Euro would be the only alternative,Ireland,Austria,Hungary,etc,are in a serious mess,Ukraine that wants to enter Eurozone,contracted at 30% rate last quater.
Irleand lost its AAA rating last week,faces 12% contraction by 2010,report by Irish Government today.
Germany will lose 30% of workforce due to low birth-rate Ger makes up over 30% of EZ GDP.
You are not paying attention. It's going to be the SDR, backed by basket of currencies. This was one of the major points discussed at the G20-
watch?v=Ull_HZUxAMk
Pay attention to what all the big players are saying. They are all calling for the SDR (even Secretary of Treasury Geithner!) The SDR will be the new reserve currency & eventually the only currency.
Merkel,Sarkozy,Cameron(soon to be UK PM,Brown is still finished)will all have,or have right-wing Governments.
The US,Russia,China(obviously)are all in the left wing camp,i found it astonishing that the EU was lecturing USA on not going into debt with too much spending.
Bush got US into debt and trouble,the left-wing was mad about it,when its Obama though its somehow alright,BS!!,debt is debt,Bush looks like a Prudent spender compared to this clown Obama.
LONDON (AFP) - - Russia's Dmitry Medvedev hailed Barack Obama as "my new comrade" Thursday after their first face-to-face talks, saying the US president "can listen" -- even if little progress was made on substance.
People normally don't heed any warnings until there is a bump in their particular road of travel. More and more people have started listening more avidly as they have lost their jobs or the NWO has become a more mainstream topic. They almost act as if nobody has been talking about this stuff prior to the "economic crisis". It's cognitive dissonance to blame for the blissful ignorance of the masses. The mainstream media has ruled the world through the magic box. Fight now, or it's over!
All of us conspiracy nuts have been warning the mainstream media lemmings about this for years. It's problem reaction solution at it's best and you haven't seen the worst of what's to come. I suggest that everyone begin to focus on food as an investment rather than money, or you'll end up like Smeagle from LOTR'z deleriously clutching the ring of power as he fell perilously into the molten river.
your 10,000th online proson to call me ignorant... ( i should just change my name to that...) what you say about elite's makes no sense to me at all... could you go in detail on how can do that?
G 20 released papers: " We have agreed to support a general SDR allocation that will inject 250 billion into the world economy & increase global liquidity & urgent ratification of the 4th amendment." The IMF 4th amendment states that the SDR can be used as a global currency. 74% of voting members support ratifying the 4th amendment. Now only one country has to agree: the USA. And w will have a new global reserve currency.
I like FeverIam. He does what I try to do with my posts, which is to bring random news sources together to form a larger picture of what is really happening. The man has integrity.
Vision, go to the recent you tube video placed by "FeverIAm" about the G-20 summit. He is talking about that the nations have agreed to a world currency! He has the supporting links in the sidebar to read the articles! We are watching history being made!
Even the financila news talking heads are perplexed by the irrational rally; despite DISMAL no ABYSMAL economic data the markets are rallying. The Tsunami can be delayed but not cancelled.
so last week smart money said the DOW would attempt 8k this week--we talked about it here last Friday---well what do you know!!!
Now the question is do we have support here or will it fail.
......f we have support and head to 9k I expect to hear a bunch of clueless commentators scream manipulation; Rockafella ;Tri-lateral commission; on and on--
-hint; hint those that come out of the woodwork; ascribing this or that----- they don't have a clue so they have all sorts of random theories.
If a train of bleak economic data comes out and the market rallies off of that then that is IRRATIONAL!!! It reeks of manipulation and this market rebound is a contrivance of the govt.!!!
With the insidious flouting of the American people by the government, are we going to emerge a Zombie Nation? A Termite eaten shell that appears well but is a mere suspension of dust awaiting pulverization
Vision, do you think the labor numbers are going to be priced in? If so, when? One last thing; does it even matter if it is priced in anymore with such flagrant manipulations?
In this episode of Inside China, we talk to He Qinglian, renown Chinese economist about her book "China's Descent into a Quagmire". Here you will find out more about the inside workings of the Chinese economic and political system.
V V - I'm ready to buy my first physical silver thanks to your videos. I've checked out APMEX and Bulliondirect. I'm wondering if you think rounds are the best way to go, or bars. It's cheaper to buy bars...am interested in getting a few 100oz bard, but wanted to get feedback from you and other YT silver investors before doing so.
...by the way Tim just said you the taxpayer will guarantee 97% of the purchase of my dirt underwear. But he will only let you buy my stuff if you 'qualify'. Think BFF.
So if you are BFF with TIM--think GS JPM you got a shot at my dirty underwear--before it starts to stink too bad--while it still is performing---- then when it crumbles the taxpayer will backstop--- you can just walk away.
This is the game at foot. While everyone is talking M2M; Amero; NWO G20; China; IMF and evildoers...
In this episode of Inside China, we talk to He Qinglian, renown Chinese economist about her book "China's Descent into a Quagmire". Here you will find out more about the inside workings of the Chinese economic and political system.
WASHINGTON (MarketWatch) -- The U.S. labor market worsened again in March, as private-sector firms cut 742,000 jobs in March, signaling another terrible employment report on Friday, according to the ADP employment index released Wednesday. The report comes two days before the Labor Department reports its estimate for nonfarm payrolls."
The stock market is celebrating the death of America.
Since when did cold sterile facts factor into the markets? This stock market party is obscene and unwarranted but I'm gonna ride this horse until it collapses.
It's disturbing to me how many of my comments get the thumbs down in this channel now. Even factual statements that can't be right or wrong - they just are - get the thumbs down. Only the bulls are voting on comments, and they're voting all the bears like myself down.
Bulls (or sheep should we say), take your stupidity and ignorance to another channel. This one is for discussing REALITY. Back to sleep, debt slaves!
The sheeple are groggy. The alarm is blaring, jarring them from a deep, denial induced sleep. They're trying to hit the snooze bottom one more time. Stupid sheeple. I have no pity for those who embrace willful ignorance.
There seems to be an inverse relationship between gold and the stock market. Still think it's a dead cat bounce, rhetoric cannot get us out of this downturn.
It's amazing though how many people are starting to feel optimistic, if I was not such a realist I would be tempted to feel the same way
China already has just conducted a currency swap with Argentina, the first between China and a Latin American, but follows similar deals to bypass the dollar recently concluded by Beijing with South Korea, Indonesia and Malaysia - driving growing expectation that Asia is steadily transforming into a "yuan bloc".
in less than five years, no countries in Asia will conduct trade in US dllrs anymore. thats a reality.
Moreover, recently China invited 48 African leaders to attend a forum on China-Africa relations in Beijing and generously wrote off 33 African countries' debts with China in a bid to win them over Before Hu's visit to Africa, at a press conference, the CCP's Ministry of Foreign Affairs stressed that the main purpose of Hu's visit was to encourage the peaceful development of Africa. At that time, the U.S. media had high hopes that Hu's trip might be able to stop the genocide in Sudan.
New York Times reporter Howard French published an article from Shanghai titled "Chinese Leader to Visit Sudan for Talks on Darfur Conflict."On Hu's visit to Sudan, not only did he not censure the government for carrying out genocide, instead he agreed to give the brutal dictator 140 million yuan (US$18 million) in aid to build a presidential palace, condoning and rewarding the Sudanese dictator.
Western critics, like Paul Johnson, a British historian, included a chapter about Africa in his book Modern Times titled "Caliban's Kingdoms," explains that China is throwing its silver dollars into Africa with total disregard of the fact that 600 million people in China continue to earn less than $2 a day, and 5 percent of the Chinese population (60 million) still live below the U.N.'s poverty line. Hence the CCP's African policy is an inhuman policy.
of course. You know when the Nazi Death camps were being exposed, the courageous people who were exposing the evil atrocities in Nazi germany, were being called "Obsessed", "Nutcase" and all the evidence was being refuted. History repeats itself. I am not saying you are like this friend, but many dont believe it. Trust me, alot will be revealed soon, especially this:
This is the Truth, the whole Truth and Nothing but the Truth so help me God. I wish it was a figment of my imagination and i can just wake up in my cozy little bed, from an little scary nightmare, and poof!! everything can be as peachy clean and peter pan as ever before in never never land.... WAKE UP and FACE REALITY SIR. I have no time to waste my time, spewing Bullshit.
To Fail to Stand for Good and to Fail to expose Evil is UNACCEPTABLE. We cannot remain INDIFFERENT.
Leaders from the Group of 20 nations Thursday endorsed the International Monetary Fund's plan to sell 403 tons of gold to raise funds to support the world's poorest countries.
Wow, those folks at the IMF have big hearts!
And get this:
According to the IMF's plan, the gold selling will be implemented in coordination with major central banks to minimize the impact on the market.
as to this notion Russia and China are going to start a new currency...so DO IT. The reason these idiots don't do it is because of many reasons, foremost is they LIKE our Markets. Americans rule the frigging World not these morons. They have not the brain material to innovate-create and move the World forward. Go ahead start your own crappy currency.
yes of course, who are Americans? Hicks on welfare and unemployment. NY all Jewish immigrants which include Russians, its the immigrants who make this country what it is not what you perceive as Americans
Wow, so Gordon Brown and Obama have declared the beginning of the New World Order. Not figuratively.... literally. Yes, they said "this is the start of the New World Order". Period.
Yeah it is. The other time(s) I've heard him say it, was him saying he wanted it. Now he's saying it's here. He and Obama want global control, china and russia want global economy. Who'll get global police and global military?
Planetary Government of Earth, formation date: April 2, 2009.
The events of today have just confirmed my thoughts, in that the stock market is run on sentiment. The G20 have waved a magic wand, and all will be well ever after. Some people really do believe that.
The harsh reality is that there is a major systemic problem with the banking system. For those that have seen my previous posts, you know I harp on about the fractional reserve ratio and how it went out of kilter in 1971 when Richard Nixon took the dollar off the gold standard. Now that is reality
The SM is reacting to the repeal of some Mark-to-Market rules. If you knew about the Banking system as you claim you would understand just how important MTM has been. MTM is the reason this "downturn" has turned into a mess. All the rest of it we had 5-10-15 years ago. MTM is what changed.
It will stop the write-downs which are killing balance sheets. As a result of that, profits will rise, stock prices will rise, people will get hired and America will return to running the frigging World as we should.
Our problem is we have too many Globalist idiots like Obama in places they should never have risen to.
America rules and I am sick of being told by these Traitors we don't.
the idea should be to FORCE the writedowns. Not stop them.
As soon as assets get priced--for what they are worth--what private money will pay----the sooner we go back to MARKET conditions. These clowns are just delaying the inevitable--artificially propping up assets at prices NO-ONE will ever pay...kicking the can down the road--buying time--on the back of the real economy and taxpayer.
If they were forced to price to a 'free' market price they would have to acknowledge they are INSOLVENT.
Which is worth more, a mortgage which will be paying p+i for 30 years, or a defaulted subprime mortgage which is not paying and never will? MTM makes the good bad...ON PURPOSE. Can you not see how these Globalists are stealing your wealth?
BTW I know you can't see it, but many on here are doing the work of the very people you claim to hate. The country is not a broken as these traitors claim, no way.
Which is worth more, a mortgage which will be paying p+i for 30 years, or a defaulted subprime mortgage which is not paying and never will
___
good question. Depends on if it will pay? Do you have a crystal ball? Does the borrower have a job? Where is the Asset--what does that market look like-where is the Asset; what are the comps? Who is selling? There are 18 million empty houses in the country.
Stephenrblv- The toxic mortgage assets have poisoned the balance sheets, and the reason why we have poisoned balance sheets is simply due to reckless lending. I have no doubt whatsoever that taking the dollar off the gold standard has ruined fracional reserve banking. When gold was held in reserve we had a sensible reserve ratio of about 9 to 1. With our fiat money which is backed with nothing, the financial sector relied on exponential debt, and that's why we are heading for a depression.
You could have said the same any year for the last 37 years, we get it. The problem today however is we have people in charge who are intentionally trying to kill America. They now have almost total control.
MTM is one of their key weapons. I would suggest finding out what it is and why it screws up business...the whole point they started it.
The Media has sold this from the start as reckless lending. If you believe we have a legitimate media than believe them, not me.
try to keep up grasshopper. i cited the repeal of the glass seagal in 1999 that allowed $500 trillion worth of bets globally.
Everyone got $1 levered to $40. When the market turns--down 10% then you have lost $4 BUT YOU ONLY HAD $1. OOPS--how you gonna sell even a good asset when no-one has any money because they are too busy propping open their own doors.
They ran out of greater fools in the face of a contracting global economy.
This nothing new happens every 80 years--good ole greed.
TGSIII - I am really digging your commentary, and impressed by your command of the current situation. Where do you get this ratio of 1:40? Just wondering...
HSBC says excessive bank leverage model "bankrupt" "The huge build up of leverage in the system over the last five years where profit depended on high and ever increasing leverage, that model is gone, and that model is gone because it is bankrupt," Green said at a British Bankers' Association conference. Here are some numbers: from digging around: Lehmans was 40:1 Bear Stearns was higher Deutsche 52:1 UBS 53:1 Barclays 37:1 RBS 21:1 JPMorgan 12:1 Citi 19:1 Bank of America 11:1 G. Electric 54:1
Stephenrblv - I certainly don't trust the media, in fact I am a harsh realist and an independent thinker, I am also a fact finder. I make my own judgements, indeed I knew the politicians were not telling us the full story and definitely not in the UK where I reside. They were claiming economic growth early last year not recession.
The facts speak for themselves, the money supply grew exponentially from 1971, it's now a hockey stick graph. Reckless lending has got us into this mess.
"who are setting up a beach towel as a sunami comes towards them." great metaphor, my friend. you are very intelligent. the only solution to the problem is Jesus Christ. Amen!
..Now the debt is being destroyed (forfeited, paid off) and thus dollars are being destroyed.. The dollar should remain strong (relative to most currencies) in this case.
In a growing world economy, it's the economy that grows the fastest -- and thus doesn't need to print currency - whose currency is the strongest. In a world economy thats shrinking, those rules dont apply.
The only thing that matters is who is deflating fastest.
April 2 (Bloomberg) -- The euro may gain as ailing east European and other emerging-market currencies are buoyed by the Group of 20s pledge to give $850 billion to the International Monetary Fund and World Bank, according to Calyon.
Make no mistake China will pull the rug out from under the dollar.
NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York received no bids for loans through its Term Security Lending Facility, it said Thursday. The central bank got no takers for $25 billion in Treasurys.
your reading comprehension skills need to improve.
This means the banks didn't need cash--in other words; they didn't need to swap bad assets for treasuries.
This was not a debt auction. This was a TSLF set up to help cash starved banks to finance operations. This 'failure' says the banks ---because they are getting a FASB rule change----said no thanks we don't need to swap more 'mark to fantasy' assets for treasuries..
Know this, a perfectly good mortgage that will be paying for 30 years is NOT the same as a sub-prime defaulted mortgage. MTM makes them the same...get it? THAT is the fantasy. Stopping buying the Big Media BS that we need MTM<<<no we don't, the crooks do.
mark to market has been around for hundreds of years. Glass seagal repeal in the 90's allowed for the IB's to go hog wild and lever up on all sorts of bets 40x leverage. The music stopped. Now there is no 'market' because anyone with any cash ain't buying. What makes a sub-prime mortgage and a paying mortgage similar---similar--- is no one wants to buy either at any price save $.10 $.20 on the dollar because they are so impaired with $10 of trillions of silly bets and no greater fools.
The rule change was to require more transparency. But when no one is buying it forced banks to acknowledge they don't have salable assets which would impact capital rations--as stockholders bail
Why did Treasury come out with a plan to force the taxpayer to protect up to 97% of new 'investment' deals.
Because no investor will buy. The stuff the banks are carrying is worth a fraction of what they are carrying it at.
That is one interpretation. The other one is they know treasurys are junk. Not too mention m2make believe is now in flux. Also, they could borrow that money and loan it out. Isn't that the nature of a bank?
They don't have to loan it out they could give it to their trading desk and let them go wild with it. We haven't had responsible borrowers in this country since vietnam.
The reason nobody is lending is BECAUSE of MTM. Lending with MTM in place could expose perfectly good balance sheet items to MTM if they were to loan the same type of instrument. The markets are frozen because of MTM. THAT is the plan by those who are TANKING our economy. They want to tank it, and take over power...see G20 for clues.
Lending with MTM in place could expose perfectly good balance sheet items to MTM if they were to loan the same type of instrument.
_____________
Please explain this nonsense. If it is a good asset and there is a market then they can rightly hold it at the right value. AND SELL IT Perfectly legit.
The problem is there are no buyers. Save Timmy and his clown plan--and they are hoping to stall this out until we see a bottom when private capital is willing to come in. this is simple stuff.
Actually that's not true. People are willing to buy them they just don't want to pay 97cents on the dollar for crap. Blaming the banks bad assets on m2m is like blaming the thermometer for the fever.
Well you show you do not even understand what MTM is by that comment.
MTM takes a perfectly good item on your balance sheet and forces the holder to reprice it to "market",,in this case to prices in a rigged market being intentionally tanked.
There are no buyers because there are no actual transactions with MTM, it is all paperwork.
Do you seriously think that with interest rates at ZERO, there are no buyers for mortgages paying 5-6-7% interest?
MTM takes a perfectly good item on your balance sheet and forces the holder to reprice it to "market",,in this case to prices in a rigged market being intentionally tanked.
___________
you should run for the FED
So i have a 'perfectly good' asset on my balance sheet. And i have separate asset a bad one.
You want to but the good one but you won't pay me because of the bad asset?
Are you seriously buying this shell game vodoo nonsense. look there---no there--no over there.
Not hard at all. MTM is a big reason for ridiculous declines. Today that started to change and the values will return.
Now you will excuse me I want to spend time talking with people who do not have a vested interest in joining with the CFR and cheering the demise of America.
ive tried to buy some forclosures in my area...local banks will not come off on the prices...i figure that they cannot come down on the prices because they are so leveaged they cannot afford to take a negative hit on their balance sheets..at least with a forclosed asset at pre real estate collapse value they show a positive balance sheet......i expect some very dire news regarding local banks by summer...
its been two years now and the dollar is still rallying compared to other currencies...how do you explain that?
frix123 1 year ago
visionvictory, what we need to do is find a way to band all persons and organizations, including militias, to join together as one large organization. I really think we can gain the upper hand. We would have doctors,lawyers,accountants,police officers,soldiers, basically an extremely organized force to take our country back. We have enough people involved now, that we just need to bind together as one big voice. Please consider this and help contribute to this cause. We NEED to do something fast
brandonktom 1 year ago
i have a new 1 for you on the news in the uk the use of direct debit cards is being used more than paper money think about were the uk is slowly heading
RODOFYAH 1 year ago
Morgages crisis is just a small part of the global economic crisis. Economic crisis comprises of all of the economic mismanagement such as, morgages problems, trade deficit, wars, unemployment benefit, and dollar values.
Atatop 2 years ago
This comment has received too many negative votes show
fuck china i am russian
pavel280488AA 2 years ago
the protestant ethic is a joke
tacotony24 2 years ago
I DONT LIKE THE MOLES ON YOUR FACE.
kludge11 2 years ago
I'm glad someone else see's this. Scary times ahead if your not prepaired. Get your gold while it's cheap. Great video.
reoshortsalefunding 2 years ago
China is buy up gold like you never seen before. They are going to back their curreny with gold.
Gold for $500 per ounce. Gold is at $950 right now and going up. I represent Gold Mine Owners doing Advance Gold Sales for a limited time only. Contact me if interested.
reoshortsalefunding 2 years ago
that must be some good weed $500 an ounce
vak182 2 years ago
I'm still sitting on the beach with my towel..... don't get what you're talking about.
Bigtruck2007 2 years ago
It is foolish to believe that the US dollar will go down without taking the US population, as collateral damage. The Fed is on the way down but it will be very messy. Protect yourself and help your neighbor. All we have is each other.
rollsthepaul 2 years ago
back up by what ? Forget gold stupid idiots that will never happen,that why we had 1 world war to create fiat money and
millions died!
stanjanoch 2 years ago
So you can imagine again the judgement procedures "against all the humanity". Some innocents will be punished for crowds (as always made in all times by all countries incl US, Japan, Russia,etc). As a result of "highly professional" investigation humanity will understand approximate amount of FRS faky paper - for ex more tahn 10trln of doll. Who will pay? Correct-nobody and no one. As a result - no debts, no dollar; FRS will take care about new "amero" to leave the mint in private hands..
VitalyGPalshin 2 years ago
US is bound to the modern economics, army, political weight, good live-level to FRS and its dollars (see A.Grinspen book).
And nothing good happens with all in US if the world get a new currency with mint on the Moon.
So FRS decided/s to get rid of debts (more than 1trln doll): to make a "little" global scandal - in 20th of June a pack of US-intergovernmental obligations were found on sum 130mlrd doll in a bag of japanese businessmen. Of course it was momently considered fake.
VitalyGPalshin 2 years ago
The greatest world's problem is american private federal reserve system with dollar/WC-paper mint. The current crisis was worked out by FRS to capture main US-banks (getting more money, political etc-power) and to collapse concurents.
It is no matter who is a president and sort of party - these are only made for crowds for fun. The main power in US and in world is FRS.
Why is it so? Because it is profitable for all sides: for "great-seven" FRS, for simple americans, for state =synergism.
VitalyGPalshin 2 years ago
i have a feeling everything will go back to 0. very shortly
ssips720 2 years ago
Awesome videos. The ppl in the U.S. need to wake up and realize there government has failed them. All these companies we "bail out", where are there CEO's, GM's etc? Sitting on there huge bank accounts,there pockets arent empty, but ours are. Let them bail out there companies, let them take a pay cut to keep there company afloat. Instead we take food out of our mouths to keep GM, Ford, Dodge afloat when half the country drive foreign cars.
Highspeed750 2 years ago
Well.. what if we do not bail them out.
That is a possibly we should never consider.
Phead128 2 years ago
we shouldn't have bailed anyone out. cause they are gonna collapse anyway. but now you guys are gonna have hyperinflation and the banks will still collapse.
rianpop 2 years ago
They will not wake up. Back in 1929 an ounce of gold could rent you a place for a month approx $20, now in 2009 that same ounce of gold over $900 can get you a place for a month.
So what did gov do? Make gold illegal.
Gold is worth the same, but the dollar is almost worthless.
CarlosXdotcom 2 years ago
Good point Carlos
zurichdublin 2 years ago
more and more asian countries are already trading with China in Yuan. in 5 yrs, US dllrs will disappear in Asia frist. believe it or not. american should consider waging a civil war and break US into 50 plus small countries and put them up for auction in beijing. this is the only way out.
gweilobuster 2 years ago
You are an idiot.
Phead128 2 years ago
Man! be realistic, US national debt >10x n,
how U people work to pay them off, PRC owns 10 x n US Treasury bonds, how U people work to repay them all, within next decades, US currency will be fade out in asia. Russia vs China and Brazil vs China will be trading in Yuan instead of USD
WWIIM35Helmet 2 years ago
don´t worry man , after they get their global currency, they will put the economy back to work the old fashion way, by going to war, this time ww3, it will end with a nuclear bomb in the us. and at least 3 billion people death, so demand math depleted oil supply. and then to have a job and money, you have to accept a microchip in your body, so you can be track and watch 24/7. cash will dissapear and money will be all electronic. by now they are killing the car industry to lower oil prices.
danielbooom 2 years ago
I'm glad you are getting the word out.
RJL738 2 years ago 2
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." Thomas Jefferson
clint076 2 years ago 9
This has been flagged as spam show
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country.
o Israel blackmails our corrupt politicians.
o Israel steals our taxes.
o Israel uses our country as their toilet.
For more info, click my UsedID then browse my informative Israel playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
HateAllNazis 2 years ago 6
Watch the 911 missing links video. That opened my eyes about the
z i o n i s t i s r a e l
CheenGone 2 years ago 3
How is it the currency's fault that the economy is in crises? I put forth that it's the ever increasing debt load that has caused the economic crisis. When you always spend more than you create, the result is always an increasing deficit. It doesn't matter whether the debt is in Yen or Ruples or whatever. The ever expanding debt has caused a financial tsunami, not the currency.The real question is, how do we fix it.
kmhutter 2 years ago
Furthermore, the banks that were responsible for promulgating bad debts should be the ones to "eat it".The taxpayer is in no position to "bail out the banks", nor should they be required to. The government should not be in the business of bailing out failed businesses.The banks failed because of poor business practices and forcing the taxpayer to reward those irresponsible decisions is just plain wrong.
kmhutter 2 years ago 7
@kmhutter
Your right in every way, the problem is what would you do for all the people who went to the bank machine the next day and found al their money gone?
srspower 1 year ago
Learn about fiat currency. If there is no debt, there is no money! Gold & silver should be what backs the paper notes.
DebtIsMoney 2 years ago 3
So how is a declining dollar better for the US. Is it something like, it makes it easier for foreign countries to compete, and since we're all tied together it brings up all the ships with it? Like trickle down economics?
wilhelmscream85 2 years ago
I can't believe that the Dollar is still the reserve currency seeing that we have such a massive debt, over 11 trillion.
Stan1208 2 years ago
Informtive news and thanks for sharing.
wikct2 2 years ago
Astute, as usual. Some very odd postings on this one, huh?
slobomotion 2 years ago
You are so right about setting up at the beach when a tsumani is on its way. Wonder if anyone heeds your calls. Thanks for your videos man.
curiousEGM 2 years ago
vigo894 2 years ago
I can try to prove God is real but there is no point trying to convince you. I have said you can look in the bible in the book of revelations and read the prophecy as it is unfolding. The bible mentions the mark of the beast (global currency) and that is taking place China wants a new currency and so does Russia and the EU. What more proof do non believers need to have? It still wont change the fact that if you don't have faith not even a little bit you wont believe any ways
Whitegamer009 2 years ago
is this bad or good
twistedwest1 2 years ago
This comment has received too many negative votes show
Shame on you. Profiting from people's fears is wrong. When you terrorize people you become a terrorist, it does not matter if you use violence or psychological war. DO NOT LISTEN TO HIM PEOPLE. Fear attracts poverty.
MauricioChicho 2 years ago
Well dum dum maybe you should google "the God who wasnt there" and then you can try and argue with me k! ; D
Whitegamer009 2 years ago
Boo YAH Biblical prophecy is being fulfilled! The nonbelievers that thought that Jesus had not even existed have been proven wrong. This has been prophecy for more than 2000 years a one world currency and government and look at it folks its happening! Obama is taking over GM a private business! This is all about power and money. The power to control people through fear and using tax payer dollars to do it!
Whitegamer009 2 years ago
⌐⌐
InuYashaSapphire 2 years ago
im sick of people saying im not going to take it anymore
what are you going to do!!!!
you know what to do but you choose not to do it!!! fight for your stuff or fight who caused this your choice
a real fight not talk
camel99s 2 years ago
hmm that's an interesting one..but i doubt so unless world war 3 is up for it..because the world has been agreeing on US currency for too long to suddenly change eventhough US is crashing down with its economy..
btw guys, want to share with you about this new blog that shows only the best youtube videos, reviewed, scripted and discussed!
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DishwallaCandle 2 years ago
Investors created a feedback loop where more people would invest encouraging people to create more investment opportunities in a commodity that has an ultimate value to people which can be exceed. This was the reality of the "subprime bomb" that devastated the economy. It is the fact that the investors were not localized in the US that really destabilized the global economy. A gold standard doesn't fix this. There is a backing for modern currency already. Labor from the tax base (taxed money).
NotNc1e 2 years ago
Recession Puts a Major Strain On Social Security Trust Fund
With unemployment rising, the payroll tax revenue that finances SS benefits for nearly 51M retirees and other recipients is falling, according to a report from the CBO. As a result, the trust fund's annual surplus is forecast to all but vanish next year -nearly a decade ahead of schedule -and deprive the government of billions of dollars it had been counting on to help balance the nation's books.
coultrane 2 years ago
Pensions, IRA's, CD'S you name it, they are all going in the toilet. Funny how that happens when it is time to collect your OWN MONEY!!!
coultrane 2 years ago
Holy cow! A year into the 'recession' & 10 years of projected payments are wiped out! What's going to happen in another year? This country is unraveling faster than I could have imagined. Also I've read that the federal budget & the budget for social security is horribly flawed because it accounts for 3-5% yearly GDP growth!
livefree1789 2 years ago
"A currency devaluation is a good thing......for the U.S?" Who are you trying to kid? "Building a lot of truth here".......WOW! What a moronic chatter-mouth! He knows the word 'unsustainable" !! I find jokers like this bloviating fatface to be the new "weeds" in the media....Oh, YES! We can't wait for your new map on how to think! Shut TFU!
hmoogler 2 years ago
Inside China - China's Descent into a Quagmire
Please watch:
watch?v=i7tYlWl-y4U
In this episode of Inside China, we talk to He Qinglian, renown Chinese economist about her book "China's Descent into a Quagmire". Here you will find out more about the inside workings of the Chinese economic and political system.
mitchee009 2 years ago
Defunding the military will only encourage countries with hostile intent to take what they want from America. A good example would be China, Circa the 1800s, or Japan of the same timeframe. A weak military encourages those with stonger ones to dominate the diplomatic court. After all, War is just diplomatic operations through other means. We don't need more healthcare, or more military, or more anything, we need LESS. we need sound financial policies across the board, not from a single source.
NotNc1e 2 years ago
Inside China - Economic Analysis
In this epsidoe of Inside China, He Qinglian, renown Chinese economist talks about the book that changed her life, " The Pitfalls of Modernization"
Please Watch:
watch?v=gtPthjr3DM0
mitchee009 2 years ago
Al Gore, conservation, carbon caps, and you.
Al, the world is going to be under water in a few months obviously believes in conservation. Apart from flying in private jets to preach about how we need to recycle our pee, he also racks up a 30,000$ UTILITY BILL EVERY year in his 12,000 square foot home.
coultrane 2 years ago
Armed with Gore's utility bills for the last two years, the Tennessee Center for Policy Research charged Monday that the gas and electric bills for the former vice president's 20-room home and pool house devoured nearly 221,000 kilowatt-hours in 2006, more than 20 times the national average of 10,656 kilowatt-hours.
Remember this when Obama pushes more TAXES ON YOUR BACK!
coultrane 2 years ago
2. "We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity," it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century. In effect, the G20 leaders have activated the IMF's power to create money and begin global "quantitative easing". In doing so, they are putting a de facto world currency into play.
livefree1789 2 years ago
also here is something credible from Alex Jones:
watch?v=x-0SsXSPq38
mitchee009 2 years ago
1. Telegraph: "The G20 moves the world a step closer to a global currency-The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity. A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.
livefree1789 2 years ago
So because Israel is destabilizing the middle east even further, a region with strong anti-American attitudes, we should downgrade our military power? I don't follow your logic here. Downgrading the military power doesn't free up enough funds to solve that problem. What is really needed is for the politicians to care about reducing national debt and maintain sound fiscal policies enough to tighten their belt across the board, not focus on a single budgetary item.
NotNc1e 2 years ago
You are quite wrong. As an Obama supporter, I didn't vote against the relics of the past. Those relics exist for a reason. I voted to end the crusader mentality that brought about the Iraq War for the reasons given (it was still needed, just never for the reasons given. Google Uday or Qusay Hussein)
The failure of America isn't demonstrated by the Iraq war, but in the support of criminal regimes. That unsuitability requires a strong military to prevent the inevitable retaliation.
NotNc1e 2 years ago
the BIBLE talks about a currency crisis. READ IT!!!!!
at the end of time, the world will be ONE CURRENCY....
READ the Revelations. There are ALL signs of the end of the world. TELLS YA SOMETHING HUH!!!!
Get aboard and research jesus christ and what it takes to be saved!!! Just believe in your heart that God gave his ONLY begotten son to DIE on the cross to Pay for OUR SINS. COULD YOU DO THAT???? REVELATIONS PROVES IT!!! P.S. Get your facts RIGHT before you Speak. God Bless.
mamamiah08 2 years ago
How are those shorts working out for ya?
ndell7 2 years ago
Time to FLUSH OUT THE TRAITORS.
America is a SOVEREIGN NATION. Every civil servant and military person in this country is SWORN TO UPHOLD THE CONSTITUTION.
I STRONGLY URGE YOU TO CONTACT YOUR REPRESENTATIVES REGARDING HR 1207 which will ALLOW OUR GOVT. TO AUDIT THE FEDERAL RESERVE.
writerep .house . g ov /writerep/welcome. sh tml
SPREAD THE NEWS!!!
coultrane 2 years ago
3:19 omg America would have to be the same as every other country OH NO!
superseckz 2 years ago
I hope you are kidding. The US military needs to be strong until we can cast aside the disgrace that we have brought upon ourselves from actions ranging from the Banana Republic Wars and the Bay of pigs to supporting Osama Bin Laden and Saddam Hussain. We weaken our military, a lot of angry people are eager to kick down our doors and get payback. As for Isreal, they don't need America. They have a highly trained military of their own, and probably nukes as well, though they won't say.
NotNc1e 2 years ago
typical russian rhetoric.. not to be taken seriously.
krstn05 2 years ago
London G20 Summit official statement:
"19. We have agreed to support a general SDR allocation which will inject $250 billion into the world economy and increase global liquidity, and urgent ratification of the Fourth Amendment."
IMF SDR Factsheet: "SDR is a reserve asset. Fourth Amendment intent is to enable all members of the IMF to participate in the SDR system on an equitable basis. Approval by the US would put the amendment into effect. "
livefree1789 2 years ago
Bailed-out banks may buy toxic assets: report
U.S. banks that have received government aid, including Citigroup Inc, Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co, are considering buying toxic assets to be sold by rivals under the Treasury's $1,000 billion plan to revive the financial system, the Financial Times said.
Now, guess who picks up the tab on these worthless "LEGACY ASSETS."
When WILL THE TRAITORS BE PROSECUTED AND SENTENCED?
coultrane 2 years ago
There is no viable currency to take over from the Dollar.
Not to say the US,short/medium/Long term is not in a serious mess,it is.
The Euro would be the only alternative,Ireland,Austria,Hungary,etc,are in a serious mess,Ukraine that wants to enter Eurozone,contracted at 30% rate last quater.
Irleand lost its AAA rating last week,faces 12% contraction by 2010,report by Irish Government today.
Germany will lose 30% of workforce due to low birth-rate Ger makes up over 30% of EZ GDP.
SSBNRN 2 years ago
You are not paying attention. It's going to be the SDR, backed by basket of currencies. This was one of the major points discussed at the G20-
watch?v=Ull_HZUxAMk
Pay attention to what all the big players are saying. They are all calling for the SDR (even Secretary of Treasury Geithner!) The SDR will be the new reserve currency & eventually the only currency.
livefree1789 2 years ago
Merkel,Sarkozy,Cameron(soon to be UK PM,Brown is still finished)will all have,or have right-wing Governments.
The US,Russia,China(obviously)are all in the left wing camp,i found it astonishing that the EU was lecturing USA on not going into debt with too much spending.
Bush got US into debt and trouble,the left-wing was mad about it,when its Obama though its somehow alright,BS!!,debt is debt,Bush looks like a Prudent spender compared to this clown Obama.
SSBNRN 2 years ago
Wow that so wrong
Merkel and Sarkozy are calling for more intervention in banking (how right-wing is that)
Also Merkel is in a coaltion government with a center-left party
Russia is ruled by the centrist party...
China has free-markets now
The Democrats in America are not even as left wing as the left wing party of the rest of the world
Bush didn't budget the Iraq world, all the money for the iraq war comes from China
you are really dumb
superseckz 2 years ago
LONDON (AFP) - - Russia's Dmitry Medvedev hailed Barack Obama as "my new comrade" Thursday after their first face-to-face talks, saying the US president "can listen" -- even if little progress was made on substance.
bdc03 2 years ago
People normally don't heed any warnings until there is a bump in their particular road of travel. More and more people have started listening more avidly as they have lost their jobs or the NWO has become a more mainstream topic. They almost act as if nobody has been talking about this stuff prior to the "economic crisis". It's cognitive dissonance to blame for the blissful ignorance of the masses. The mainstream media has ruled the world through the magic box. Fight now, or it's over!
Modelmaterial7 2 years ago
Comment removed
Modelmaterial7 2 years ago
All of us conspiracy nuts have been warning the mainstream media lemmings about this for years. It's problem reaction solution at it's best and you haven't seen the worst of what's to come. I suggest that everyone begin to focus on food as an investment rather than money, or you'll end up like Smeagle from LOTR'z deleriously clutching the ring of power as he fell perilously into the molten river.
Modelmaterial7 2 years ago
I don't like the nwo but i see nothing wrong with having a 1 world currency.
animesoulgamer 2 years ago
ignorant, it basically means that the elite are going to run your personal economic freedom.
bdc03 2 years ago
your 10,000th online proson to call me ignorant... ( i should just change my name to that...) what you say about elite's makes no sense to me at all... could you go in detail on how can do that?
animesoulgamer 2 years ago
if they control the money they control the economies.
bdc03 2 years ago
Comment removed
MISTAMAYBACH 2 years ago
**********BREAKING NEWS!!****************
G 20 released papers: " We have agreed to support a general SDR allocation that will inject 250 billion into the world economy & increase global liquidity & urgent ratification of the 4th amendment." The IMF 4th amendment states that the SDR can be used as a global currency. 74% of voting members support ratifying the 4th amendment. Now only one country has to agree: the USA. And w will have a new global reserve currency.
watch?v=Ull_HZUxAMk
livefree1789 2 years ago
I like FeverIam. He does what I try to do with my posts, which is to bring random news sources together to form a larger picture of what is really happening. The man has integrity.
coultrane 2 years ago
Vision, go to the recent you tube video placed by "FeverIAm" about the G-20 summit. He is talking about that the nations have agreed to a world currency! He has the supporting links in the sidebar to read the articles! We are watching history being made!
POSSUMTOHIDE 2 years ago
That's FINANCIAL, the L did'nt type.
Eyebeemz 2 years ago
Even the financila news talking heads are perplexed by the irrational rally; despite DISMAL no ABYSMAL economic data the markets are rallying. The Tsunami can be delayed but not cancelled.
Eyebeemz 2 years ago
amen bro
Sgipon 2 years ago
so last week smart money said the DOW would attempt 8k this week--we talked about it here last Friday---well what do you know!!!
Now the question is do we have support here or will it fail.
......f we have support and head to 9k I expect to hear a bunch of clueless commentators scream manipulation; Rockafella ;Tri-lateral commission; on and on--
-hint; hint those that come out of the woodwork; ascribing this or that----- they don't have a clue so they have all sorts of random theories.
TGSIII 2 years ago
If a train of bleak economic data comes out and the market rallies off of that then that is IRRATIONAL!!! It reeks of manipulation and this market rebound is a contrivance of the govt.!!!
Eyebeemz 2 years ago
The market does not care what you think is rational or not... The market does what it does, trade it carefully.
Astrocreep69 2 years ago
Sounds like you watched the Obama Deception too, I just received my copy.
Astrocreep69 2 years ago
Manipulation is the name of the game. Do you think the super wealthy are going to let events occur RANDOMLY?
coultrane 2 years ago
U.S. Dollar----->>>>WORLD RESERVE CURRENCY
Doomers need to deal with this fact
Daverha321 2 years ago
With the insidious flouting of the American people by the government, are we going to emerge a Zombie Nation? A Termite eaten shell that appears well but is a mere suspension of dust awaiting pulverization
Eyebeemz 2 years ago
Vision, do you think the labor numbers are going to be priced in? If so, when? One last thing; does it even matter if it is priced in anymore with such flagrant manipulations?
Eyebeemz 2 years ago
Inside China - China's Descent into a Quagmire
Please watch:
watch?v=i7tYlWl-y4U
In this episode of Inside China, we talk to He Qinglian, renown Chinese economist about her book "China's Descent into a Quagmire". Here you will find out more about the inside workings of the Chinese economic and political system.
mitchee009 2 years ago
V V - I'm ready to buy my first physical silver thanks to your videos. I've checked out APMEX and Bulliondirect. I'm wondering if you think rounds are the best way to go, or bars. It's cheaper to buy bars...am interested in getting a few 100oz bard, but wanted to get feedback from you and other YT silver investors before doing so.
Sustainable2008 2 years ago
By the way. Since i son't have to tell anyone what a 'market' participant is willing to pay for my assets--here is my valuations.
1 sock---$1 million
2 shoes---$10 million
and a pair of dirty underwear. $20 million
i am worth $31 million so buy some stock in my company. I have over $31 million in assets.
screw what people today will pay. I say i am worth $31 million.
TGSIII 2 years ago
...by the way Tim just said you the taxpayer will guarantee 97% of the purchase of my dirt underwear. But he will only let you buy my stuff if you 'qualify'. Think BFF.
So if you are BFF with TIM--think GS JPM you got a shot at my dirty underwear--before it starts to stink too bad--while it still is performing---- then when it crumbles the taxpayer will backstop--- you can just walk away.
This is the game at foot. While everyone is talking M2M; Amero; NWO G20; China; IMF and evildoers...
TGSIII 2 years ago
Inside China - China's Descent into a Quagmire
Please watch:
watch?v=i7tYlWl-y4U
In this episode of Inside China, we talk to He Qinglian, renown Chinese economist about her book "China's Descent into a Quagmire". Here you will find out more about the inside workings of the Chinese economic and political system.
mitchee009 2 years ago
Something wicked this way comes tomorrow in terms of a market bounce, I get this feeling Obama's G20 week will end in a profound exclamation!
facesofdeathfan 2 years ago
WASHINGTON (MarketWatch) -- The U.S. labor market worsened again in March, as private-sector firms cut 742,000 jobs in March, signaling another terrible employment report on Friday, according to the ADP employment index released Wednesday. The report comes two days before the Labor Department reports its estimate for nonfarm payrolls."
The stock market is celebrating the death of America.
livefree1789 2 years ago
It wouldn't be the first time the markets have rallied through bad unemployment numbers...
Astrocreep69 2 years ago
Since when did cold sterile facts factor into the markets? This stock market party is obscene and unwarranted but I'm gonna ride this horse until it collapses.
facesofdeathfan 2 years ago
It's disturbing to me how many of my comments get the thumbs down in this channel now. Even factual statements that can't be right or wrong - they just are - get the thumbs down. Only the bulls are voting on comments, and they're voting all the bears like myself down.
Bulls (or sheep should we say), take your stupidity and ignorance to another channel. This one is for discussing REALITY. Back to sleep, debt slaves!
drutter 2 years ago
The sheeple are groggy. The alarm is blaring, jarring them from a deep, denial induced sleep. They're trying to hit the snooze bottom one more time. Stupid sheeple. I have no pity for those who embrace willful ignorance.
livefree1789 2 years ago
Gold down to $900 today.
drutter 2 years ago
There seems to be an inverse relationship between gold and the stock market. Still think it's a dead cat bounce, rhetoric cannot get us out of this downturn.
It's amazing though how many people are starting to feel optimistic, if I was not such a realist I would be tempted to feel the same way
rainycityusa 2 years ago
Marc Faber called this "fake" rally months ago.. it shouldn't be too surprising then.. better be a realistic instead of optimistic
kolakbanana 2 years ago
China already has just conducted a currency swap with Argentina, the first between China and a Latin American, but follows similar deals to bypass the dollar recently concluded by Beijing with South Korea, Indonesia and Malaysia - driving growing expectation that Asia is steadily transforming into a "yuan bloc".
in less than five years, no countries in Asia will conduct trade in US dllrs anymore. thats a reality.
cowrunkey 2 years ago
Recently the Chinese Communist Party (CCP) has adopted a very aggressive policy towards African countries. Hu visited Africa twice within a year.
mitchee009 2 years ago
This has been flagged as spam show
Moreover, recently China invited 48 African leaders to attend a forum on China-Africa relations in Beijing and generously wrote off 33 African countries' debts with China in a bid to win them over Before Hu's visit to Africa, at a press conference, the CCP's Ministry of Foreign Affairs stressed that the main purpose of Hu's visit was to encourage the peaceful development of Africa. At that time, the U.S. media had high hopes that Hu's trip might be able to stop the genocide in Sudan.
mitchee009 2 years ago
New York Times reporter Howard French published an article from Shanghai titled "Chinese Leader to Visit Sudan for Talks on Darfur Conflict."On Hu's visit to Sudan, not only did he not censure the government for carrying out genocide, instead he agreed to give the brutal dictator 140 million yuan (US$18 million) in aid to build a presidential palace, condoning and rewarding the Sudanese dictator.
mitchee009 2 years ago
Western critics, like Paul Johnson, a British historian, included a chapter about Africa in his book Modern Times titled "Caliban's Kingdoms," explains that China is throwing its silver dollars into Africa with total disregard of the fact that 600 million people in China continue to earn less than $2 a day, and 5 percent of the Chinese population (60 million) still live below the U.N.'s poverty line. Hence the CCP's African policy is an inhuman policy.
mitchee009 2 years ago
can you quote the source of these figures,,,it sounds more like imagination.
cowrunkey 2 years ago
of course. You know when the Nazi Death camps were being exposed, the courageous people who were exposing the evil atrocities in Nazi germany, were being called "Obsessed", "Nutcase" and all the evidence was being refuted. History repeats itself. I am not saying you are like this friend, but many dont believe it. Trust me, alot will be revealed soon, especially this:
watch?v=ogC6wwTEKI0
watch?v=Fkf2u1Umzi4
mitchee009 2 years ago
This is the Truth, the whole Truth and Nothing but the Truth so help me God. I wish it was a figment of my imagination and i can just wake up in my cozy little bed, from an little scary nightmare, and poof!! everything can be as peachy clean and peter pan as ever before in never never land.... WAKE UP and FACE REALITY SIR. I have no time to waste my time, spewing Bullshit.
To Fail to Stand for Good and to Fail to expose Evil is UNACCEPTABLE. We cannot remain INDIFFERENT.
cheers,
mitch
mitchee009 2 years ago
Leaders from the Group of 20 nations Thursday endorsed the International Monetary Fund's plan to sell 403 tons of gold to raise funds to support the world's poorest countries.
Wow, those folks at the IMF have big hearts!
And get this:
According to the IMF's plan, the gold selling will be implemented in coordination with major central banks to minimize the impact on the market.
coultrane 2 years ago
as to this notion Russia and China are going to start a new currency...so DO IT. The reason these idiots don't do it is because of many reasons, foremost is they LIKE our Markets. Americans rule the frigging World not these morons. They have not the brain material to innovate-create and move the World forward. Go ahead start your own crappy currency.
stephenrblv 2 years ago
yes of course, who are Americans? Hicks on welfare and unemployment. NY all Jewish immigrants which include Russians, its the immigrants who make this country what it is not what you perceive as Americans
alexdan113 2 years ago
Wow, so Gordon Brown and Obama have declared the beginning of the New World Order. Not figuratively.... literally. Yes, they said "this is the start of the New World Order". Period.
Anybody care? No? Didn't think so. :(
drutter 2 years ago
Most people want the NWO. They have bought the glow hook-line-sinker.
stephenrblv 2 years ago
This is the 2nd or 3rd time Brown has said this publicly...
Amazing aint it!
Astrocreep69 2 years ago
Yeah it is. The other time(s) I've heard him say it, was him saying he wanted it. Now he's saying it's here. He and Obama want global control, china and russia want global economy. Who'll get global police and global military?
Planetary Government of Earth, formation date: April 2, 2009.
drutter 2 years ago
The events of today have just confirmed my thoughts, in that the stock market is run on sentiment. The G20 have waved a magic wand, and all will be well ever after. Some people really do believe that.
The harsh reality is that there is a major systemic problem with the banking system. For those that have seen my previous posts, you know I harp on about the fractional reserve ratio and how it went out of kilter in 1971 when Richard Nixon took the dollar off the gold standard. Now that is reality
hotcloud 2 years ago
The SM is reacting to the repeal of some Mark-to-Market rules. If you knew about the Banking system as you claim you would understand just how important MTM has been. MTM is the reason this "downturn" has turned into a mess. All the rest of it we had 5-10-15 years ago. MTM is what changed.
stephenrblv 2 years ago
What do you think this change in MTM will do for things?
Astrocreep69 2 years ago
It will stop the write-downs which are killing balance sheets. As a result of that, profits will rise, stock prices will rise, people will get hired and America will return to running the frigging World as we should.
Our problem is we have too many Globalist idiots like Obama in places they should never have risen to.
America rules and I am sick of being told by these Traitors we don't.
stephenrblv 2 years ago
the idea should be to FORCE the writedowns. Not stop them.
As soon as assets get priced--for what they are worth--what private money will pay----the sooner we go back to MARKET conditions. These clowns are just delaying the inevitable--artificially propping up assets at prices NO-ONE will ever pay...kicking the can down the road--buying time--on the back of the real economy and taxpayer.
If they were forced to price to a 'free' market price they would have to acknowledge they are INSOLVENT.
TGSIII 2 years ago
Amen TGS.
bdc03 2 years ago
Which is worth more, a mortgage which will be paying p+i for 30 years, or a defaulted subprime mortgage which is not paying and never will? MTM makes the good bad...ON PURPOSE. Can you not see how these Globalists are stealing your wealth?
BTW I know you can't see it, but many on here are doing the work of the very people you claim to hate. The country is not a broken as these traitors claim, no way.
stephenrblv 2 years ago
Which is worth more, a mortgage which will be paying p+i for 30 years, or a defaulted subprime mortgage which is not paying and never will
___
good question. Depends on if it will pay? Do you have a crystal ball? Does the borrower have a job? Where is the Asset--what does that market look like-where is the Asset; what are the comps? Who is selling? There are 18 million empty houses in the country.
That is what a market seeks to answer
You; Tim; Me; Bernanke don't have the answers.
TGSIII 2 years ago
The real estate market has lost $8 trillion over the past couple of years. Because everyone was in on it---we got drunk.
Now you want to tell me about a 30 year mortgage that will pay and i should buy it because um it is a good asset.
Despite rising unemployment and 18 million empty houses.
No thanks But i got a thing or two to sell you--send me a note--i got some great ocean view in Arizona.
TGSIII 2 years ago
That logic will get us nuked and that will be the end of your imaginary world. You've probably never been outside your town!
alexdan113 2 years ago
Stephenrblv- The toxic mortgage assets have poisoned the balance sheets, and the reason why we have poisoned balance sheets is simply due to reckless lending. I have no doubt whatsoever that taking the dollar off the gold standard has ruined fracional reserve banking. When gold was held in reserve we had a sensible reserve ratio of about 9 to 1. With our fiat money which is backed with nothing, the financial sector relied on exponential debt, and that's why we are heading for a depression.
hotcloud 2 years ago
You could have said the same any year for the last 37 years, we get it. The problem today however is we have people in charge who are intentionally trying to kill America. They now have almost total control.
MTM is one of their key weapons. I would suggest finding out what it is and why it screws up business...the whole point they started it.
The Media has sold this from the start as reckless lending. If you believe we have a legitimate media than believe them, not me.
stephenrblv 2 years ago
try to keep up grasshopper. i cited the repeal of the glass seagal in 1999 that allowed $500 trillion worth of bets globally.
Everyone got $1 levered to $40. When the market turns--down 10% then you have lost $4 BUT YOU ONLY HAD $1. OOPS--how you gonna sell even a good asset when no-one has any money because they are too busy propping open their own doors.
They ran out of greater fools in the face of a contracting global economy.
This nothing new happens every 80 years--good ole greed.
TGSIII 2 years ago
TGSIII - I am really digging your commentary, and impressed by your command of the current situation. Where do you get this ratio of 1:40? Just wondering...
ThunderMan1969 2 years ago
TGSIII 2 years ago 2
Stephenrblv - I certainly don't trust the media, in fact I am a harsh realist and an independent thinker, I am also a fact finder. I make my own judgements, indeed I knew the politicians were not telling us the full story and definitely not in the UK where I reside. They were claiming economic growth early last year not recession.
The facts speak for themselves, the money supply grew exponentially from 1971, it's now a hockey stick graph. Reckless lending has got us into this mess.
hotcloud 2 years ago
"who are setting up a beach towel as a sunami comes towards them." great metaphor, my friend. you are very intelligent. the only solution to the problem is Jesus Christ. Amen!
SmileLoveForgive 2 years ago
no the solution is just to pay off your debt, will god send you heaven money to solve your financial problems?
godisnotgr3at 2 years ago
bdc -- can you give me a site to go to that supports your statement?
DillonX 2 years ago 3
"I think I can say that in an important conference we have found a very good, almost historic compromise in a unique crisis," Merkel said
guess who's the real winner of G20
godisnotgr3at 2 years ago
look at the G20 decisions one by one, they are all extremely bad for us
godisnotgr3at 2 years ago
Mr. Practical: GETS IT
Notice the dollars strength...
..Now the debt is being destroyed (forfeited, paid off) and thus dollars are being destroyed.. The dollar should remain strong (relative to most currencies) in this case.
In a growing world economy, it's the economy that grows the fastest -- and thus doesn't need to print currency - whose currency is the strongest. In a world economy thats shrinking, those rules dont apply.
The only thing that matters is who is deflating fastest.
TGSIII 2 years ago 2
April 2 (Bloomberg) -- The euro may gain as ailing east European and other emerging-market currencies are buoyed by the Group of 20s pledge to give $850 billion to the International Monetary Fund and World Bank, according to Calyon.
godisnotgr3at 2 years ago
Make no mistake China will pull the rug out from under the dollar.
NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York received no bids for loans through its Term Security Lending Facility, it said Thursday. The central bank got no takers for $25 billion in Treasurys.
What's a matter no one want treasurys anymore?
bdc03 2 years ago
Comment removed
godisnotgr3at 2 years ago
your reading comprehension skills need to improve.
This means the banks didn't need cash--in other words; they didn't need to swap bad assets for treasuries.
This was not a debt auction. This was a TSLF set up to help cash starved banks to finance operations. This 'failure' says the banks ---because they are getting a FASB rule change----said no thanks we don't need to swap more 'mark to fantasy' assets for treasuries..
TGSIII 2 years ago
yeah that is true cause now they will mark to fantasy freely by themselves
godisnotgr3at 2 years ago
mark to fantasy
i agree. In that it a nod to 'orwell'
Banks no longer have to even pretend to mark assets to market. Moving forward they can act like ENRON with blessing from FASB.
Who said ENRON's Skilling wasn't ahead of his time. An innovator.
Skilling for Treasury!
TGSIII 2 years ago
MTM started in November 2007, nuff siad really.
Know this, a perfectly good mortgage that will be paying for 30 years is NOT the same as a sub-prime defaulted mortgage. MTM makes them the same...get it? THAT is the fantasy. Stopping buying the Big Media BS that we need MTM<<<no we don't, the crooks do.
stephenrblv 2 years ago
mark to market has been around for hundreds of years. Glass seagal repeal in the 90's allowed for the IB's to go hog wild and lever up on all sorts of bets 40x leverage. The music stopped. Now there is no 'market' because anyone with any cash ain't buying. What makes a sub-prime mortgage and a paying mortgage similar---similar--- is no one wants to buy either at any price save $.10 $.20 on the dollar because they are so impaired with $10 of trillions of silly bets and no greater fools.
TGSIII 2 years ago
mtm started in Nov 2007
_____________
No a rule change was to begin.
The rule change was to require more transparency. But when no one is buying it forced banks to acknowledge they don't have salable assets which would impact capital rations--as stockholders bail
Why did Treasury come out with a plan to force the taxpayer to protect up to 97% of new 'investment' deals.
Because no investor will buy. The stuff the banks are carrying is worth a fraction of what they are carrying it at.
TGSIII 2 years ago
That is one interpretation. The other one is they know treasurys are junk. Not too mention m2make believe is now in flux. Also, they could borrow that money and loan it out. Isn't that the nature of a bank?
bdc03 2 years ago
no bdc03 you're wrong. You don't get the distinction between a debt auction and TSLF.
TGSIII 2 years ago
Also they can borrow that money and loan it out.
______
This another myth. Perpetrated by Bernanke et al.
There is plenty of money to loan---nobody credit worthy wants to borrow.
Why would someone borrow? In the face of uncertainty and economic contraction?
This is the crux of the issue. Flooding the system with more money isn't helpful.
Until things settle out responsible borrowers 'responsible' 'main street' are going to sideline expansion and cut costs.
.it's called deflation
TGSIII 2 years ago
They don't have to loan it out they could give it to their trading desk and let them go wild with it. We haven't had responsible borrowers in this country since vietnam.
bdc03 2 years ago
bdc03--
You are starting to sound like Bernanke.
Some advice.
When you are in a hole quit digging. Put the shovel down.
TGSIII 2 years ago
TGSIII dropping some knowledge....
Listen to the truth folks...
It's called deflation.
Astrocreep69 2 years ago
The reason nobody is lending is BECAUSE of MTM. Lending with MTM in place could expose perfectly good balance sheet items to MTM if they were to loan the same type of instrument. The markets are frozen because of MTM. THAT is the plan by those who are TANKING our economy. They want to tank it, and take over power...see G20 for clues.
Wake-up
stephenrblv 2 years ago
Lending with MTM in place could expose perfectly good balance sheet items to MTM if they were to loan the same type of instrument.
_____________
Please explain this nonsense. If it is a good asset and there is a market then they can rightly hold it at the right value. AND SELL IT Perfectly legit.
The problem is there are no buyers. Save Timmy and his clown plan--and they are hoping to stall this out until we see a bottom when private capital is willing to come in. this is simple stuff.
TGSIII 2 years ago
Actually that's not true. People are willing to buy them they just don't want to pay 97cents on the dollar for crap. Blaming the banks bad assets on m2m is like blaming the thermometer for the fever.
bdc03 2 years ago
Well you show you do not even understand what MTM is by that comment.
MTM takes a perfectly good item on your balance sheet and forces the holder to reprice it to "market",,in this case to prices in a rigged market being intentionally tanked.
There are no buyers because there are no actual transactions with MTM, it is all paperwork.
Do you seriously think that with interest rates at ZERO, there are no buyers for mortgages paying 5-6-7% interest?
stephenrblv 2 years ago
MTM takes a perfectly good item on your balance sheet and forces the holder to reprice it to "market",,in this case to prices in a rigged market being intentionally tanked.
___________
you should run for the FED
So i have a 'perfectly good' asset on my balance sheet. And i have separate asset a bad one.
You want to but the good one but you won't pay me because of the bad asset?
Are you seriously buying this shell game vodoo nonsense. look there---no there--no over there.
TGSIII 2 years ago
Do you seriously think that with interest rates at ZERO, there are no buyers for mortgages paying 5-6-7% interest?
__________________
There are 19 million built empty houses. So yes there are 19 million answers.
If i think a house is going to decline in value. Then i ain't investing. You couldn't pay me to take it. How hard is this to figure out.
TGSIII 2 years ago
Not hard at all. MTM is a big reason for ridiculous declines. Today that started to change and the values will return.
Now you will excuse me I want to spend time talking with people who do not have a vested interest in joining with the CFR and cheering the demise of America.
The problem is the NWO, not America.
stephenrblv 2 years ago
ive tried to buy some forclosures in my area...local banks will not come off on the prices...i figure that they cannot come down on the prices because they are so leveaged they cannot afford to take a negative hit on their balance sheets..at least with a forclosed asset at pre real estate collapse value they show a positive balance sheet......i expect some very dire news regarding local banks by summer...
centervilletn 2 years ago