Tag Archives: euro

Fake Bilderberg New Versus Real News: Google Joins Battle Via Degrading Its Search Engine

Russia’s RT Network: Is It More BBC or K.G.B.? – The New York Times wonders…hahaha.    In today’s issue of RT News is, for example, the story about how the Bilderberg gang who are very powerful in the UN, foisted the Saudi Arabians into the chair of the ‘Women’s Rights Commission.’  They are by far and away, the biggest violators of women’s right on the entire planet earth.  This infuriates me and yet not one Pussy Cat demonstration has attacked Obama and the UN (Obama pushed for this right before Trump came into office) for this crime.

 

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Dollar Shoots Upwards Against Trade Partner Currencies, Euro Falls Fast

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The Dollar Is On a Tear as the Euro dies.   EUR/USD hits fresh 12-year lows below 1.0750 and another headline is interesting: US dollar freight train crushing all in its path today.  This is very simple to understand.  First of all, all our trade partners in Japan, China, Europe, wherever, love running trade surpluses with the US.  The US is extremely deep in debt to all other countries because of this and our central bank prints money like crazy which is why groceries are ten times more expensive today than 20 years ago.  Even so, the trade deficit eats all these excess dollars and FOREX holdings of all other nations absolutely bulges with trillions of US trade dollars held out of circulation.

 

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Greece Says Nyet To EU Bribes While China Expands Trade Routes To EU, Russia

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New Silk Roads to energize Asia’s vast economic potential – CCTV News – CCTV.com English: The Chinese are focused like a laser on expanding trade and gaining profits.  Since Japan has turned away from cooperation with China, they are looking towards Africa, India, Russia, Turkey and the EU for more customers.  The US is concentrating on continuing trade deficits, trying to isolate Russia even though China won’t do this and isolating Iran which China is also going to service with this new Silk Road rail system they intend to build.

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NYT Lies About Why US Dollar Is ‘Strong’

Here is a classic example of hiring someone who knows hardly anything to bloviate about something that is fairly easy to understand.  Namely, our trade partners all do the same exact thing: they hold US dollars in their central banks to make the dollar stronger against their own currency in order to run perpetual trade surpluses with the US which is deeper and deeper in the red each generation:  The Strong Dollar Is Always Good, Except When It Isn’t – NYTimes.com

 

The European Central Bank significantly loosened its monetary policy on Thursday, in the process driving down the euro and bolstering the dollar. Measured against a basket of currencies, the dollar’s value has soared 19 percent since May, and the momentum seems to be building.

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Debate Rages About Swiss Currency Valuation Versus Euro

Back from November 6, 2014, Peter Schiff’s Message to Switzerland: Save Your Currency and Your Country – YouTube

Peter mentions that in 1999 Swiss went off the gold standard was 100% of the reserves gold is now just 7% of reserves and now the reserve is mainly euros (paper).  I am old fashioned, too.  Paper riches turn into ashes at the slightest touch of a match which is why true metals are valuable.  Ownership of anything comes from the barrel of guns.  That is, property and wealth rights are defended violently throughout history.  Any accumulation of property or wealth will be seized by either the mob (we saw this recently in Ferguson MO when mobs burned down businesses while the politicians prevented the police and military from defending them).  Switzerland has had the fortune to play off everyone so they can be ‘neutral’ while several world wars raged violently around them.

 

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EU Economy Rapidly Sinks Thanks To Anti-Russia/Putin Boycotts

 

Broken Europe: growth grinds to a standstill: as I expected!  The sheer lunacy of the EU boycott of Russia after the EU and US sponsored and paid for a massive right wing Catholic coup in Kiev, is starkly visible after only a few months.  This will be much, much worse as Russia retaliates with more boycotts of EU goods and services!  Boycotting Iran led to very high energy prices for everyone especially Russia, one of the world’s top energy export powers.  It crippled everyone else’s economies and continues to do this as oil boycotts and disruptions grow thanks to NATO invasions.

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EU Impose Negative Savings Rate Claiming Falsely That There Is No Inflation!

 

ZIRP lending and raging gasoline inflation

ALFRED Graph – ALFRED – St. Louis Fed: Starting in the 1990’s, our government and Europe’s elites all removed the very vital energy and food data from inflation statistics which then allowed them to devalue capital from savings and have artificially low interest rates. This, in turn, has made speculators and bankers very, very rich and spawned one equity/asset bubble after another.  Which, in turn, has driven many governments deep into debt and wrecked the banking system and made everyone who is middle class and poorer, much, much poorer.  This raid on capital is destroying capitalism.

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