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China says yes to free markets, no to free currency regime
Source: news-public.com

President Barack Obama on his tour to China has approached a very cautious approach. While raising issues of contention between the two nations, he has been subtle in his own right.

Switzerland's Oldest Bank To Stop Doing Business In US
Source: no one has to die tomorrow

Swiss private bank Wegelin announced on Tuesday that it is to stop doing business in the United States.

Scams, Schemes, Rip-Offs, Jawbones, Touts, Manipulations,.......and RED HERRING

I thought to put something together to try and keep track. Those of you who are more familiar with investing will know more about some of these terms. What I want to do here is try to explain what I call RED HERRING.

Forex Software Reviews for 2009
Source: Forex Software Reviews

There's Money to be Made Right Now Trading the Forex Because of the Market's Wild Swings. Below are 6 Products That Could Help You Cash in.Below we've reviewed a handful of products that offer value to people wanting to make money with forex investing.

GATA Chairman Bill Murphy was interviewed this week about the gold price suppression scheme, its purposes, and its likely disastrous consequences
Source: GATA.org

There is, IMHO, an absence of a Thread on Gold, and how it relates to the Economic mess [disaster] we are in. There is an organization, GATA, that believes the POG [Price of Gold] has been suppressed and controlled.

U.S. Dollar Dead Bounce Ends, Treasury Bond Bubble Begins to Dissipate
Source: The Market Oracle

Don't look now, but the USTreasury bubble has begun to burst. This should be an ongoing story throughout 2009. The entire sold story of a Flight to Safety is about as moronic and baseless as regarding the US stock and bond markets are regulated.

The Next Bubble to Pop!
Source: Populist Party of America

Author's opinion is the next "bubble" to collapse will be the US Dollar. A flight from Treasuries by non-FED parties will immediately precede or occur simultaneously with this collapse.

The Bailout Will Kill the Dollar
Source: CounterPunch.org

For some years now, many economists have been predicting an end to the dollar as the world's reserve currency, but this latest plan by the US Treasury will push such a shift forward from "some day" to "now."

Interview with Nick Barisheff: Gold is Money - Seeking Alpha
Source: Energy Sector and Stocks Analysis from Seeking Alpha

Countries holding dollars were presenting their US dollars and asking for gold in return, and that led to US gold reserves dropping from a peak of 22,000 tonnes to 8,800 tonnes.

ADB supports energy-efficient projects in China
Source: Trading Markets

MADRID, May 3, 2008 (Xinhua via COMTEX) -- -- The Asian Development Bank (ADB) is extending over 114 million U.S. dollars in a partial credit guarantee program to support energy-efficient projects in China, the Manila-based bank said here Saturday.

Is the Weak Dollar to Blame for High Oil Prices?
Source: npr.org

Investors, of course, are always looking for a place to make money. But last year, Williams says, there were also the subprime housing market and stock market to invest in. Oil was one option among many. Now, it looks like the only option.

Inflation in Asia Begins to Sting U.S. Consumers
Source: The New York Times

"The free ride for American consumers is ending. For two generations, Americans have imported goods produced ever more cheaply from a succession of low-wage countries — first Japan and Korea, then China, and now increasingly places like Vietnam and India."

USD Women to Play in Final Four
Source: argusleader.com

Rating the real inflation rate: Officially 2-3%? Try 7-10% in the real world.
Source: The San Diego Union-Tribune

No one who lives in the US can serious consider that the cost of living day to day goes up 2-3% per year. This article explores the real inflation rate for people who struggle to get by, and for them the numbers are scary.

Russia quietly prepares to switch some oil trading from dollars to rubles
Source: International Herald Tribune

Death by a thousand cuts. The US dollar may not suffer a rapid depreciation for a long time, but slowly moves such as this will make it extremely vulnerable to the trade and budget deficits.

OPEC considers dumping US dollar
Source:

Iran, the OPEC's second largest exporter, has already cut all of its ties with the greenback with respect to oil transactions.

A Giant Leap for the ECB, a Small Step towards Lower Interest Rates
Source: Action Forex

While the European Central Bank kept its key rates unchanged today, comments made by its president, Jean Claude Trichet, will serve to increase expectations that the ECB could cut rates in the not too distant future. As a first step, Mr.

Could America win a war with Iran, yet be destroyed economically?
Source:

The Suez Crisis of 1956 revealed the enormous power of America not in terms of its military, but in its economic might, effectively forcing the British to back down by not supporting the GBP £.

U.S. in role of wounded giant at Davos
Source: International Herald Tribune

"The United States has filled various roles at the World Economic Forum over the past decade: dot-com dynamo, benevolent superpower, feared aggressor, and now, wounded giant."

Fed cuts key interest rate by 75 basis points as markets watch Wall Street
Source: CNN

This is a solid move, but will it be enough for a sustained rally? It will indeed cause Wall street to rise, but for how long? If this proves to be a short term boost rather than a long term solution, we are heading for serious trouble indeed.

US Positive Feedback Death Spiral

Energy is going up and the US dollar is going down. We owe exponential debts to our main competitors for energy. We have no savings to pay for energy so must continue to borrow to do so. Our competitors use our repayments to bid more for energy, driving its price up.

Top economist says America could plunge into recession
Source: The Times

It's going to prove a dangerous 2008 for the US economy.

Airbus exceeds cost-cutting targets
Source: Agence-France Presse

Airbus has done very well based on its initial cost cutting targets with Power8...however, the reality is with the US currency now at record lows, Power8 is not enough.

Yuan at new high vs dollar, ends above mid-point
Source: Yahoo! News

The Chinese yuan is under a type of managed floatation regime, but even so, it is clear that the Chinese central bank is fighting a losing battle against market forces: the pressure on the currency is up, with most analsyst agreeing that if freely floating, the currency could eas …

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