Currency war goes global

The dollar and the next ten days
http://gonzalolira.blogspot.com/2011/03/dollar-and-next-ten-days.html

 

China to make trades in yuan
http://www.reuters.com/article/2011/03/02/china-economy-yuan-idUSBJA00246420110302

 

QE3?
http://theeconomiccollapseblog.com/...nk-that-more-quantitative-easing-is-necessary

 

There is a currency war ranging world-wide.

Japan, Brazil, Peru and countries all over the world are trying to beggar thy neighbor (just as happened during the 1930s) and gain a leg up for their exports by cheapening their currencies.

If you take a step back, it really is an odd situation. As Joe Weisenthal writes:
Just think for a moment about the screwy times we live in when central banks are trying to hurt their rivals by buying up their rivals' bonds -- essentially lending them money.

Such is the state of things in a world where every country wants to weaken their currencies to boost their own exporters.
And the House has passed legislation saying China is a currency manipulator and has to raise the value of the Yuan.

 

i heard that the economic collapse was started by an alien named terrance, in a beach hut in honolulu

i'm mostly sure this is true.

 

The Rothschilds, again
http://www.sovereignindependent.com/?p=15161

 

The dollar will get a visit from the chinese easter bunny
http://www.examiner.com/international-trade-in-national/bernanke-lets-the-dollar-slide-even-further

 

US? tech edge on china?

lol.


They MAKE our tech. We MIGHT have air supiority over them, and that's IT. They have badass subs, infinite people, fucking nukes...

 

The dollar needs to go down in value. I'd like to see a nice 15% this year, 10% the following couple of years. But it won't happen.

China needs us. China is about to be in real trouble. Yes they have dollars-and that is the only thing saving them. They have a huge house of cards. Much bigger than America's. Their banks have lent out money for projects and companies that aren't worth anything. Huge empty office complexes. Huge empty cities. Highways to nowhere. Their stocks are over-valued.

And now the Ipad is about to be built in Brazil. By a Chinese owned company.

 

the dollar took out 2009 lows today at below 74 on the us dollar index. are you sure china is in as much trouble as you think it is? their middle class has been booming, and their wages are rising. the latter half of the second paragraph could just as easily describe america. What does the ipad have anything to do with anything?

 

further on China's holding of US dollars - China-proposes-cut-two-thirds-its-3-trillion-usd-holdings

China knows the outlook for the US dollar is bleak. The us dollar is like a hot potato or sand slipping through ones fingers. The idea is to diversify into other forms of value.

 

north american free trade agreement, south americas got the something, bric brazil russia india china. the euro, ect...

 

"China’s export-led growth model is on the verge of collapse, according to Richard Duncan, chief economist at Blackhorse Asset Management. He says that it is only a matter of time before the “great Chinese bubble” pops."

http://www.cnbc.com/id/43104930

"Eventually, most likely after 2013, China will suffer a hard landing. All historical episodes of excessive investment – including East Asia in the 1990's - have ended with a financial crisis and/or a long period of slow growth. To avoid this fate, China needs to save less, reduce fixed investment, cut net exports as a share of GDP, and boost the share of consumption."

http://english.aljazeera.net/indepth/opinion/2011/04/2011415133455105416.html#

If China crashes hard you could see it fall apart like Russia. But if it falls apart it will be ugly. Civil Wars. Mass killings. Regions of China cannot stand other regions in China. Its new-found middle class will fight for power.

 

"The 11.5% increase in food prices over the past year would be of more concern to Beijing than the overall inflation index. As was demonstrated in Egypt, food price rises are the stuff of revolutions. Food makes up one third of China's inflation index, twice the weight typical in Western indices, though even this high weight would not adequately reflect the importance of food in the consumption basket of the vast bulk of the poorer Chinese population."

http://www.lowyinterpreter.org/post/2011/05/18/Food-for-thought-Chinas-inflation.aspx

 

I saw a video on youtube that really helped me understand why we got into this sort of mess. Search "the most important video you will ever see" and you will see it too! The guy in the video explains exponentials, basically. I know that doesn't sound exciting but when you apply it to these kinds of problems they become so much clearer... and scarier.

http://www.economist.com/content/global_debt_clock According to that clock, global debt is nearly at $40 trillion, a sum we can never hope to pay. It seems to increase by $300,000 every 5 seconds... Some dude reckons the interest would cost EVERY person in the world $500 a year as a generous estimate. I work out that if the debt itself were spread to everyone it would coost... roughly $5700 each!! Again, IMPOSSIBLE to pay off, half the world's population, probably slightly more don't even earn $1000 a year!

And if you understand exponentials this mean that it will increase faster and faster until it dives all the way down! How? Armegeddon, probably.

 

Obama, financial war and the elimination of DSK

http://www.voltairenet.org/article170083.html

 

quantitative easing for dummies
[ame]https://www.youtube.com/watch?v=PTUY16CkS-k&feature=related

 

Well, this inflation we've been hearing about in the UK is 4.5%, apparently. That's CPI, not RPI or RPIX (damned if I can explain those, only just discovered them though I know RPI has something to do with mortgages, possibly just their interest), I think CPI is more of an internationally comparable one, so bullshit in other words. RPI = 5.2%, RPIX = 5.3%

Anyways, let's take 4.5%. Steady growth at 4.5% means doubling in just under 16 years. That means if inflation remains this high then people will be half as wealthy as they are now in 16 years time. This does not factor in dropping salaries, hidden inflation caused by the banking system, interest rates etc. The chances of anyone receiving a pay increase is very low, looking at economic projections.

The Euro was 3.2% inflation, that's just under 22 years doubling time.

Surely both of those currencies can't double, especially given how much of them is already in circulation? We are set to see dramatic events surrounding currency, oh yes.

 

The dollar is at 3.5% this month, that surprised me, it was 2.5% 2 months ago. 3.5% is 20 years doubling time. Again, not possible. No doubt great plans are in motion (the Amero one would think) to ensure fiat currency stays on top.

 

US housing market and rental markets
http://www.examiner.com/internation...us-economic-recovery-rental-market-floursihes