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Originally posted by steppenwolf86
reply to post by mkgandhas
I would think that someone doing a survey on the ease of doing business without resorting to bribery would be affiliated with western business interests. What is the issue here?
What stolen money are you refering to? Please do not turn this thread into a typical capitalist/US bashing thread. So now the US wants hardline muslims in charge of a country that is/was such a dependable ally in the Israeli/Palestinian/Arab peace process that we provided their entire military budget? So according to you, the US overthrew Mubarak for the purpose of letting egyptians elect a govt that is potentially anti-israel? dream on.edit on 6-12-2011 by steppenwolf86 because: spelling
A mountain of IRSwaps are traded, even though no counter-party could possibly exist. The reason is simple: to keep interest rates low. Now they are backfiring, and danger rises for major credit derivative accidents twice as great as the CDSwap accidents that killed AIG. The falsification for 15 years of the Consumer Price Index goes hand in hand with falsification of interest rates, both long-term and short-term. The victims list also includes Bear Stearns and Lehman Brothers. The list is sure to grow. JPMorgan alone has $66 trillion in notional value of Interest Rate Swaps. They must constantly balance this load, in what is called dynamic hedging. That task has been rendered very difficult, if not impossible. The entire hedged position in IRSwaps remarkably exceeds the value of the entire USTreasury Bond market, a fact kept quiet by bank officials. With most IRSwap contracts, fixed net payments are made on a quarterly basis. So the hot fires that burn in big bank basements must be dealt with each quarter, as loss damages are assessed and paid for promptly. JPMorgan in all likelihood just is as insolvent and possibly bankrupt as Citigroup. Toss in the US Federal Reserve. A prickly quote was offered by James Grant of the Grant Interest Rate Observer recently. Grant said, “If the Fed examiners were set upon the Fed’s own documents, unlabeled documents, to pass judgment on the Fed’s capacity to survive the difficulties it faces in credit, it would shut this institution down. The Fed is undercapitalized in a way that Citicorp is undercapitalized.”
www.marketoracle.co.uk...
Originally posted by steppenwolf86
reply to post by DerbyCityLights
That is a rather naive viewpoint.
weaken the army, sell the Russian resources for Western virtual money,
Originally posted by DerbyCityLights
Originally posted by steppenwolf86
reply to post by DerbyCityLights
That is a rather naive viewpoint.
Really? How so? Unless we are attacked by a country or we are defending an ally due to a treaty, we have no reason to have any impact on another country. I don't see how that is naive at all. Of course, I'm also an isolationist and would love to see us pull every one home, close our borders and flip the bird to the rest of the world.
Originally posted by steppenwolf86
Originally posted by DerbyCityLights
Originally posted by steppenwolf86
reply to post by DerbyCityLights
That is a rather naive viewpoint.
Really? How so? Unless we are attacked by a country or we are defending an ally due to a treaty, we have no reason to have any impact on another country. I don't see how that is naive at all. Of course, I'm also an isolationist and would love to see us pull every one home, close our borders and flip the bird to the rest of the world.
It is naive in the sense that there will always be enemies. Even a small country like the one I currently call home, Poland, has one of the most active intelligence services around. They mind their own business, but they know who has what, who is able to do what, and how long it would take them. Isolationism is fine, as long as you are still prepared when the big bad wolf(or bear, if he is russian) comes knocking.