Topic: British News :Is This The Death of America? (Read 334 times)
French official says U.S. trying to inflate away debt
10.20.09, 06:30 AM EDT
PARIS, Oct 20 (Reuters) – The United States is pumping out liquidity to try to inflate away its debt, leading to the depreciation of the U.S. dollar, Henri Guaino, a top advisor to French President Nicolas Sarkozy said on Tuesday. Continue reading
THE WORLD OF TODAY THAT IS FASTLY DISAPPEARING IS NOW BEING FORCED TO BEAR WITNESS TO THE TRUTH OF WHAT THE HONORABLE ELIJAH MUHAMMAD REVEALED.GOD IN PERSON IS MAKING THE WORLD BOW TO THE TEACHINGS HE DELIVERED TO HIS LAST APOSTLE.
Dollar to Hit 50 Yen, Cease as Reserve, Sumitomo Says (Update1)
By Shigeki Nozawa
Oct. 15 (Bloomberg) — The dollar may drop to 50 yen next year and eventually lose its role as the global reserve currency, Sumitomo Mitsui Banking Corp.’s chief strategist said, citing trading patterns and a likely double dip in the U.S. economy.
“The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,” said Daisuke Uno at Sumitomo Mitsui, a unit of Japan’s third- biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.” Continue reading
|Whodunit? Sneak attack on U.S. dollar|
|Published on 10-08-2009||Email To Friend Print Version|
It’s the biggest mystery in global finance right now: Who conducted a sneak attack on the U.S. dollar this week?
It began with a thinly sourced but highly explosive report Monday in a British newspaper: Arab oil sheiks are conspiring with the Russians and Chinese to quit using the dollar to set the value of oil trades — a direct threat to the global supremacy of the greenback. Continue reading
“The stated objective of the bank bailout programs is to alleviate the banks’ burden of bad debts and non-performing loans. Continue reading
NO MATTER HOW AMERICA TRIES TO MASK HER GROWING GRAB BAG OF PROBLEMS AND JUDGMENTS IT IT BECOMING SIMPLY IMPOSSIBLE TO DO.WHENEVER SHE THINKS SHE HAS PATCHED UP THE SORE OVER THERE,THE SORE NEXT TO IT RUPTURES OR SHE GETS AN EVEN MORE SERIOUS CUT. SHE SEEMS DAZED AND CONFUSED WITHOUT ANY SOLUTIONS.
IF YOU LOOK DEEP AT HER SITUATION YOU WILL SEE THAT SHE HAS BEEN PUTTING BANDAIDS ON A STROKE AND HEART ATTACK PATIENT.THIS IN AND OF ITSELF TODAY WILL NOT SUFFICE AND THE WORLD HAS STARTED TO TAKE NOTICE. Continue reading
I TRULY BELIEVE THAT THESE NATIONS ARE DOING WHATEVER THEY CAN TO UNLOAD THEIR U.S. DEBT SECRETLY WITHOUT CAUSING A STAMPEDE ON THE DOLLAR.IT IS AMAZING THAT THIS IS NOT IS BEING MORE WIDELY COVERED BECAUSE THESE ARE THE LEAKS BEFORE THE DOLLAR DAM BREAKS.
“U.S. Authorities Probing $100 Billion of Bonds Seized in Italy
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By Sonia Sirletti and Elisa Martinuzzi
Sept. 18 (Bloomberg) — The U.S. Secret Service is examining more than $100 billion of U.S. government bonds confiscated in northern Italy in August, just two months after $134 billion of allegedly fake securities were seized in a nearby town.
The Secret Service is analyzing whether the bonds taken in August may be counterfeit, said a spokeswoman for the U.S. embassy in Rome. Italy’s financial police in Varese, north of Milan, arrested two individuals carrying the securities in a briefcase, according to a person involved in the case. Continue reading