Global Financial Markets Tremble As Bad Economic News Continues for US US Offers Foreign Aid to Countries Holding Billions in Treasury Securities The Congressional Research Service released a report last month, a copy of which Fox News exclusively obtained, showing that in fiscal year 2010, the latest year that data was available, the US handed out a total of .4 billion to 16 foreign countries that held at least billion in Treasury securities, including China (.2 million), Brazil ( million), Russia (.5 million), India (6.6 million), Mexico (6.7 million) and Egypt (5.7 million). China is the largest holder of US Treasury bonds with .1 trillion as of March, according to the Treasury Department. Brazil held 3.5 billion, Russia had 7.8 billion, India owned .8 billion, Mexico held .1 billion and Egypt had .3 billion. www.foxnews.com www.foxnews.com Dismal Jobs Report Fuels GOP Criticism of Administration on Economy Republicans continued to hammer Obama with an infamous chart pushed by his administration during the 2009 stimulus debate which predicted unemployment would stay below 8 percent and that, by this time, the rate would be below 7 percent. www.foxnews.com Global Financial Markets Tremble As Bad Economic News Continues To Pour In truthiscontagious.com US Growth: Slow and Volatile www.nationaljournal.com As the US economy starts to slow down once again, global financial markets are beginning to tremble. Over the past couple of …
This week Max Keiser and co-host, Stacy Herbert, report on color-coded prostitutes for Munich Re, financial repression for the USA and a New World Order of growth accelerated exploding watermelons for China. In the second half of the show, Max talks to a former banker at Goldman Sachs and Bear Stearns, Nomi Prins (author of It Takes a Pillage) about Matt Taibbis The People versus Goldman Sachs and about the IMF. www.facebook.com
Watch the full Episode 143 of the Keiser Report on Tuesday. This week Max Keiser and co-host, Stacy Herbert, report on the trillion in financial weapons for bankers and the lobbying bubble that keep those weapons flowing. In the second half of the show, Max talks to Peter Schiff about the ‘symbiotic’ master-slave relationship between the US and China. KR on FB: www.facebook.com/KeiserReport
Watch full episode 125 of Keiser Report on Tuesday. This week Max Keiser and co-host, Stacy Herbert, talk about a Chinese gold standard and about sobering facts about the US middle class. In the second half of the show, Max talks to John Butler of Amphora Capital about gold bugs, the duration paradox and holding dollars. KR on FB www.facebook.com
***ORIGINAL UPLOAD BY RussiaToday*** Permission to repost granted. November 16, 2010 If Europe’s single currency fails, so would the Union itself. The warning comes from the EU president, who was speaking ahead of the meeting of the Eurozone’s finance ministers. Portugal has warned it could be forced out of the Eurozone, and Ireland is also being urged to use European bailout money to prevent bankruptcy. But Financial analyst Max Keiser says going to the IMF for help would be even worse… RT on Facebook: www.facebook.com RT on Twitter: twitter.com RT Max Keiser Keiser Report IMF Ireland EU bailout Irish banks single currency Ireland Greece Portugal currency wars dollar Euro money economy finance recession downturn financial banks International Monetary Fund economy finances crisis recession depression economic collapse global money debt loan deficit greatest fraud fascism corporatism kakistocracy kleptocracy neofeudalism neoliberalism dictatorship authoritarianism oligarchy social banishment
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 …
A brief and simple explanation of why this crisis was doomed to happen given by someone who, in 1999, wrote “the possible Big Bang that scares me the most is the one that could happen the day those genius bank regulators in Basel, playing Gods, manage to introduce a systemic error in the financial system” and then who, while an Executive Director of the World Bank, 2002-2004, did all he could to warn about the utterly faulty regulatory paradigm that had been adopted by Basel… all to no avail. You can find much more here: www.subprimeregulations.blogspot.com financefordevelopment.blogspot.com baselcommittee.blogspot.com www.theaaa-bomb.blogspot.com
The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new trillion EU rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to bail out Europe is astounding. The Federal Reserve and other central banks are intentionally devaluing currencies worldwide to bring in a new international reserve currency regulated by them. In other words, the people who caused the crisis are coming in and offering the solution giving them total control over the world’s monetary system. This fraudulent, corporate looting is transferring wealth from ordinary citizens to the ultra-rich, consolidating global power. This is unprecedented in world history. Please support Ron Paul’s bill to audit the fed and research these topics for yourself. Thank you for watching and subscribe to aenfroy87 if you enjoyed the video.
In this edition of the Keiser Report, Max Keiser and co-host Stacy Herbert look at the scandals of Greece winning a loan; the exodus from Iceland while billionaire plunderers receive safe haven in London; and the dumping of US Treasury bonds as American consumers are about to get squished. In the second half of the show, Max talks to Birgitta Jonsdottir, a Member of Parliament in Iceland, about the Black Report into the country’s banking collapse.
