Posts Tagged ‘ world currency ’

“China has woken up. The West is a black hole…”

April 16, 2009
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“China has woken up. The West is a black hole…”

From the Telegraph: China’s State Reserves Bureau (SRB) has instead been buying copper and other industrial metals over recent months on a scale that appears to go beyond the usual rebuilding of stocks for commercial reasons. Nobu Su, head of Taiwan’s TMT group, which ships commodities to China, said Beijing is trying to extricate...

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Bloomberg: Bailout Process a “scam”; destroying “democracy”; impending “Weimar Republic”

April 14, 2009
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Read the entire article, especially towards the end where they talk about how the Fed will have to start issuing it’s own securities so that they can buy out more of the American economy without having to ask for permission from Congress. Some choice quotes: “Here’s a sketch of how it works. Many financial...

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