Happy Easter all you heathens! ...and the number of banks are shrinking. The big cheeses have swallowed up the mom and pop locals with full support of Dodd/Frank fiasco. Only reason Dodd/Frank passed was the anger at the big banks and it just allowed them to eat the little guys. No new banks(ok, one I think) have opened since this law came into being.
I never disagree with how you see the world as it is Neil I just can't visualize your solutions as workable. People are bastards. Any system we end up with has to take this into account. On Sun, Apr 5, 2015 at 2:26 AM, <[email protected]> wrote: > Debt creation > From view well hidden > Eternal well > > Springing > From the golden calf > Sing and dance > > Great joy > Abounds all around > Extreme poverty > > تجنب. القتل والاغتصاب واستعباد الآخرين > Avoid; murder, rape and enslavement of others > > -----Original Message----- > From: archytas <[email protected]> > To: [email protected] > Sent: Sun, 05 Apr 2015 9:01 AM > Subject: Re: Mind's Eye Re: The new Chinese gold standard > > The Chinese have already killed about one in nine Tibetans. Russia's > capacity for secret police activity spans either side of the USSR. Islam > is a religion of peace - ho, ho ho - various practitioners and Jews having > shipped about 2 million white slaves in a century or two around the Black > Sea. There are no real nice people in history as they never survive to > write it. > > Some think the use of the USD is worth about $30 billion annually to the > US. This sounds a lot, but is about 0.2% of GDP. I think money is more > deeply criminal than is generally admitted. Given how bent the Chinese and > Russians are I have difficulties thinking they can forge a new reserve. > The problem is the US is no longer a democracy and neither is Europe. The > actual reserve currencies are the USD, Euro and (marginally) the pound > sterling. To understand what is going on we need to look at Japan and > wider issues in Ponzi economics. > > The answer is about taking money and assets from the rich and freeing > ourselves from paying for work already done. Don may be right on top dog > being inevitable, but money, whether Chinese, US or Russian is under the > control of an allocation class and everywhere they end up with it clinging > to their fingers. > > The currency wars are fairly well described at Zerohedge and Keiser > Report. The real problem is that we have no real USD or pound sterling - > money is created as debt by private banks. > > > On Sunday, April 5, 2015 at 5:23:13 AM UTC+1, Don Johnson wrote: >> >> I thought I'd find reams of information on this new development at the >> wsj.com. Barely a blip on the radar. I don't think it matters much. The >> US is already marginalized politically and militarily and only time will >> tell what effect this will have on the rest of the world. The short game is >> ME chaos. I fear for my Zionist brothers and sisters. There will be another >> power presiding over world hegemony in the coming years. It will be >> interesting to see how well Russia, China and Iran treat those under their >> thumb. I'm sure they will treat 3rd world countries with the respect they >> deserve and never abuse them like the English, French and Americans have. >> They're just better human beings then us I'm sure. <-----sarcasm >> >> Those of you who think there won't be a big cheese are kidding >> yourselves. There's always a big cheese. Now we will see just how stinky >> the next flavor will be. >> >> dj >> >> On Mon, Mar 30, 2015 at 11:34 AM, Chris Jenkins < >> [email protected]> 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" >>> >>> I was exceedingly disappointed when I discovered this was likely the >>> case. >>> >>> On Sun, Mar 29, 2015 at 6:51 PM, frantheman <[email protected]> >>> 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. >>>> >>> >>> -- >>> >>> --- >>> 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. >>> >> >> -- > > --- > 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. > > -- > > --- > 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. > -- --- You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. 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