Actually we might do an analysis of what the Lord has provided and put some faith into nurturing and distributing it.
On Monday, March 30, 2015 at 12:44:59 AM UTC+1, Molly wrote: > > Thanks, Francis. We have been watching with anticipation of positive > change, although not counting on it. I know not to believe the talking > heads, but was interested to see them even acknowledging the occurrence. > Not sure I trust the Zero Hedge or mainstream media perspectives either. > Always wondering what is really occurring. Neil is right in that in the > end, as implausible as it sounds, "the Lord provides" may be the most > reasonable perspective, since the rest is dog eat dog lunacy. > > On Sunday, March 29, 2015 at 6:51:49 PM UTC-4, frantheman wrote: >> >> For years I have regarded that strange subject called "economics" as >> being somewhere on a par with that other strange subject known as >> "theology," and tend to see economists as belonging to the same general >> group as bishops, witch-doctors, mullahs and snake-oil salesmen. In their >> areas of so-called expertise, they regularly get things wrong - and then go >> on to earn vast amounts as talking heads, retrospectively explaining what >> they failed to see coming. Carnival fortune-tellers probably have a better >> record of accuracy. >> >> The ghastly thing is that these high priests of mumbo-jumbo have such >> power and influence. >> >> I have some (a very small amount) of sympathy for the Chinese leadership >> elite - they're riding a very powerful, unpredictable, and very dangerous >> tiger; trying to modernise and stabilize a population four times the size >> of the USA, most of whom are still leading a pre-modern peasant existence, >> the rest of whom are trying to gallop into a materialistic hyper-capitalism >> as fast as they can. The whole country seems to be living in a state of >> perpetual high tension. Whether they will succeed without the whole thing >> exploding around their ears remains an open question. Let's hope they do, >> for the alternative - China unravelling - would lead to the kind of >> geo-political instability which would make the Middle East look like a >> kindergarten squabble. >> >> I see the latest moves as part of a long, ongoing process leading to full >> convertability of the yuan/renminbi. Within the current (lunatic) models >> which economists and economic commentators use, this can only be seen >> globally as something positive. While it may have been very convenient for >> the US to have the dollar as *the *global reserve currency, this has not >> necessarily been good for the rest of the world. China owns a massive >> amount of US debt (owing the the trade imbalance between both countries) >> and are thus terribly vulnerable to changes in US fiscal policy. For the >> world generally, a basket of around half a dozen reserve currencies >> (dollar, euro, yuan, Swiss franc, pound sterling, yen) is a much more >> stable proposition. It would force the major powers to cooperate at a >> deeper level than they currently do. It would also reduce US hegemony >> globally, which might just help provide a reality check for the US >> political elites (particularly those on the right) - though I'm not holding >> my breath about that. >> >> Am Sonntag, 29. März 2015 15:28:24 UTC+2 schrieb Molly: >>> >>> The new Chinese bank established with a gold standard is gaining >>> momentum on the international stage. How will this effect the world >>> economy? These quotes from Bloomberg: >>> >>> *China’s clout has been expanding for decades, as its rapid growth >>> allowed it to snap up a rising share of the world’s resources, its exports >>> penetrated global markets, and its bulging financial assets gave it power >>> to make big individual loans and purchases. Now, the creation of >>> international lending institutions is leveraging that economic influence >>> closer to the political and diplomatic arenas, as U.S. allies defy America >>> to back China’s initiative.* >>> >>> >>> >>> *“This is the beginning of a bigger role for China in global affairs,” >>> said Jim O’Neill, U.K.-based former chief economist at Goldman Sachs Group >>> Inc., who coined the term BRICs in 2001 to highlight the rising economic >>> power of Brazil, Russia, India and China…* >>> >>> >>> >>> *Chinese President Xi Jinping’s vision of achieving the same great-power >>> status enjoyed by the U.S. received a major boost this month when the U.K., >>> Germany, France and Italy signed on to the Asian Infrastructure Investment >>> Bank. The AIIB will have authorized capital of $100 billion and starting >>> funds of about $50 billion.* >>> >>> >>> >>> *Canada is considering joining, which would leave the U.S. and Japan as >>> the only Group of Seven holdouts as they question the institution’s >>> governance and environmental standards.* >>> >>> >>> >>> >>> *China, flush with the world’s biggest foreign-exchange reserves and >>> anxious to convert them into “soft power”, is building an alternative >>> architecture. It has proposed not just the AIIB, but a New Development Bank >>> with its “BRICS” partners—Brazil, Russia, India and South Africa—and a Silk >>> Road development fund to boost “connectivity” with its Central Asian >>> neighbours…* >>> >>> >>> >> -- --- You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
