jimrogers1.blogspot.com Jim Rogers on The Financial Sense Newshour with Jim Puplava 12 June 2010

09. November 2010: There is no possibility of agreement at the upcoming G20 summit because the US is declaring financial war on other countries, believes American economist and wall street analyst Prof. Dr. Michael Hudson. The US has been pushing China to revalue its currency — at a time when Washington has been pumping billions of dollars into its economy — a move viewed by other countries as an attempt to deliberately weaken the greenback. The issue of exchange rates is expected to be one of the toughest discussion points at the G20 summit in South Korea later this week. Michael Hudson, a renowned economist and Wall Street financial analyst and advisor, says the meeting in Seoul will not bring an end to global currency wars. “The US is going to China and saying ‘we want you to commit economic suicide just like Japan did. We want you to follow the same way: we want you to re-value your currency, we want you to squeeze your companies, we want you to go bankrupt so we can make our profit at your expense,” says Hudson. “We want you the Chinese to allow our banks to gamble on your currency and make a huge gain on foreign exchange speculation so that our banks can get out of the problem that we have got them into. Will you please help us by going bankrupt for our benefit? Well, you can imagine what the Chinese are saying — they are laughing,” Hudson adds. The American plan to devalue the dollar would flood the global economy with money that would be used to buy out …

We look at quantitative easing in the US, Obama’s visit to India and the G20 meeting in Seoul.

Raw footage of protesters rioting in London’s financial district before the G20 Summit on April 1, 2009, which was labeled by protesters as “Financial Fool’s Day”.

Leaders of the 20 world’s most powerful countries meet in London to find a way out of the current global financial crisis and help prevent future crises. Will the G20 reach a unified stand on how to kickstart the ailing global economy?

Leaders of the 20 world’s most powerful countries meet in London to find a way out of the current global financial crisis and help prevent future crises. Will the G20 reach a unified stand on how to kickstart the ailing global economy?

Max Keiser talks to Stacy Herbert about China reneging derivatives contracts recorded on September 5th 2009 中国= China 孫子= Sun Tzu . 温家宝got the US by the balls . MADE IN CHINA . on EBAY search for Fiat Paper Money and you’ll find the book of RALPH T. FOSTER facinating reading of his research . G20 finance ministers and central bankers have agreed a series of measures to curb excessive bank bonuses, including spreading payments over a number of years, inserting clawback provisions in …