Is the UK Facing Another Financial Crisis?

Is the UK facing another financial crisis? (3 graphs)

November 20, 2014

from Steve Keen

Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument gauges, and sure enough, sees the same signs today that should have given us warning of the crisis of 2007-08. Time to apply the brakes.

There’s only one problem: the economic dashboard that Cameron relies upon did not warn of the crisis before it happened. Instead, that dashboard advised Cameron and other leaders around the world that everything was looking rosy, and that going full throttle was entirely safe.
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Posted in ECONOMIC DEVELOPMENT AND SUSTAINABILITY, Full SPECTRA Dominance, HOW TO LIE WITH STATISTICS, ideological classrooms, IMPERIAL HUBRIS AND HYPOCRISY, Imperial Impotence, MSM MANIPULATION | Leave a comment

Germany (Frankfurt) Begins First European Direct Settlements in Chinese Yuan

Germany (Frankfurt) Begins First European DIRECT SETTLEMENTS in CHINESE YUAN

Post Categories: Canada
RT | Tuesday, November 18, 2014, 23:29 Beijing

Reuters / Stringer

 

European companies now have the opportunity to settle trading accounts in Chinese yuan. The Bank of China in Frankfurt has become the first to operate European yuan clearing. Trading costs will be cut as there will be no dollar exchange first.

More than 10 German regional and international banks including Deutsche Bank, Commerzbank, DZ Bank AG, and Landesbank Hessen-Thueringen Girozentrale, have opened accounts at Bank of China in Frankfurt.

In June the People’s Bank of China chose Bank of China Ltd. to clear payments in the eurozone. The last five months were spent building the settlement infrastructure before the official start of clearing Monday.
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Posted in 4th Media, ECONOMIC DEVELOPMENT AND SUSTAINABILITY, IMPERIAL HUBRIS AND HYPOCRISY, Imperial Impotence | Leave a comment

Jim Rogers: America is the Largest Debtor Nation in History; Invest in Russia

Jim Rogers: America is the Largest Debtor Nation in History. Invest in Russia

Post Categories: Economy
Jim Rogers | Tuesday, November 18, 2014, 18:06 Beijing

Financial big cheese Jim Rogers bets big on Russia, scoffs at US policy towards Moscow

 

"America's the largest debtor nation in the history of the world"

 

Below are excerpts from an interview given by legendary US investor Jim Rogers, a former partner of George Soros. Few observers are more astute on the markets, modern life, and human nature. An early internationalist, Rogers has made a fortune over many decades, seeing what others don’t. In this interview it he takes a strongly bullish view of Russia and criticizes US policy towards Ukraine and Russia, which he sees as a disastrous failure, merely driving the Russians and the Chinese closer together. 
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Posted in 4th Media, ECONOMIC DEVELOPMENT AND SUSTAINABILITY, FALSE FLAG OPS, Full SPECTRA Dominance, IMPERIAL HUBRIS AND HYPOCRISY, Imperial Impotence, POLITICAL ECONOMY OF IMPERIALISM | Leave a comment

U.S. Imperialism and the Sisyphean Quest for Full-Spectra Dominance and Power

U.S. Imperialism and the Sisyphean Quest for Full-Spectra Dominance and Power

Post Categories: Afghanistan
Prof. James M. Craven/Omahkohkiaaiipooyii | Tuesday, February 26, 2013, 18:25 Beijing

Sisyphus and power complete for publication: FULL SPECTRA—NOT SPECTRUM—DOMINANCE

The U.S. Imperium and its Neocon, Neoliberal and bi-partisan theoretician-apologists like to use the term “full-spectrum dominance”.

Actually, for what they really mean, they should really refer to “full-spectra dominance” because what they are really referring to and intend is the quest for dominance over all the different types of spectra or ranges of dominance requisite for the continuance and expanded reproduction of U.S. Imperialism globally.

They seek dominance—not parity or security—over differing types of dynamic (shifting) spectra or ranges (plural) as suggested by their research funding and deployments of:
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The 2200 Architects and Engineers Demolish the ‘Official’ 9/11 Commission Report

The 2200 Architects/Engineers Demolish The ‘OFFICIAL’ 9/11 Commission Report (VIDEO)

Post Categories: Canada
Michael Thomas | Friday, September 19, 2014, 13:49 Beijing

Over 2200 Architects And Engineers Demolish The ‘Official’ 9/11 Commission Report: MAJOR UPDATE

wtc

Unprecedented 9/11 C-SPAN VIDEO: 9/11 TRUTH Finally Appears In The Mainstream Media

rtr02

THE DAM IS ABOUT TO BREAK:

9/11 TRUTH Saturates The Internet

If you haven’t already watched the following video of Richard Gage from ARCHITECTS and ENGINEERS For 9/11 TRUTH shown on C-SPAN, then only seeing is believing.

This unparalleled breakthrough of 9/11 truth into the mainstream media is as consequential as it is explosive for both the real perpetrators and the entire nation.

This irrefutable presentation on the collapse of Building #7 of the World Trade Center Complex is particularly damning because of the authoritative science offered as proof that the 9/11 Commission Report is a fraud.  The ramifications are so far-reaching and profound that the entire world will undoubtedly change with the dissemination of these stunning, yet self-evident, revelations!
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Posted in 9-11 FANTASIES AND COVER-UPS | 1 Comment

Does “Our” [US] Military Know Something We Don’t About Global Warming

Does Our Military Know Something We Don’t About Global Warming?

Every branch of the United States Military is worried about climate change. They have been since well before it became controversial. In the wake of an historic climate change agreement between President Obama and President Xi Jinping in China this week (Brookings), the military’s perspective is significant in how it views climate effects on emerging military conflicts.

China will be our biggest military and political problem by the middle of this century. It would be nice to understand what issues will exacerbate our struggles.

At a time when Presidents Ronald Reagan and Bush 41, and even British Prime Minister Margaret Thatcher, called for binding international protocols to control greenhouse gas emissions, the U.S. Military was seriously studying global warming in order to determine what actions they could take to prepare for the change in threats that our military will face in the future.

The Center for Naval Analysis has had its Military Advisory Board examining the national security implications of climate change for many years. Lead by Army General Paul Kern, the Military Advisory Board is a group of 16 retired flag-level officers from all branches of the Service.

This is not a group normally considered to be liberal activists and fear-mongers.

A United States Navy Carrier Strike Group in the South China Sea. Every branch of the United States Military is worried that climate change is a significant threat multiplier for future conflicts. And the Navy may bear the brunt of these effects.  Source: United States Navy

This year, the Military Advisory Board came out with a new report, calledNational Security and the Accelerating Risks of Climate Change, that is a serious discussion about what the military sees as the threats and the actions to be taken to mitigate them.

“The potential security ramifications of global climate change should be serving as catalysts for cooperation and change. Instead, climate change impacts are already accelerating instability in vulnerable areas of the world and are serving as catalysts for conflict.”

Bill Pennell, former Director of the Atmospheric Sciences and Global Change Division at Pacific Northwest National Laboratory, summed up the threat in recent discussions about climate and national security:
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Posted in "Tip of the Spear", Full SPECTRA Dominance | Leave a comment