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TonyGosling Editor
Joined: 25 Jul 2005 Posts: 18335 Location: St. Pauls, Bristol, England
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TonyGosling Editor
Joined: 25 Jul 2005 Posts: 18335 Location: St. Pauls, Bristol, England
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truthseeker john Validated Poster
Joined: 02 Oct 2006 Posts: 577 Location: Yorkshire
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Posted: Sat Oct 11, 2008 2:35 pm Post subject: |
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It's gone now. _________________ "Talk sense to a fool and he calls you foolish." - Euripides
"No problem can be solved from the same level of consciousness that created it." - Albert Einstein
"To find yourself, think for yourself" - Socrates |
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TonyGosling Editor
Joined: 25 Jul 2005 Posts: 18335 Location: St. Pauls, Bristol, England
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TonyGosling Editor
Joined: 25 Jul 2005 Posts: 18335 Location: St. Pauls, Bristol, England
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Posted: Sun Mar 01, 2009 9:28 pm Post subject: |
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Naomi spot on again
We need shock and awe policies to halt depression
Daily Telegraph - 28 Feb 2009
Pacific allies already know that they cannot take the US security blanket for granted. As for China – and others pursuing a mercantilist strategy of export-led growth – they must know that the US can shut off its market and wreak havoc to their economy.
To Europe, they might make it clearer that unless the European Central Bank is brought to heel by the Continent's leaders (whatever Maastricht says) and forced to play its full part in emergency efforts to save the global economy, the NATO military alliance will wither and the region will be left to fend for itself against a revanchist Russia.
Should the main threat come from an exodus of private wealth, Washington may have to impose temporary capital controls. Never forget, America is the one country with enough strategic depth to go it alone, if necessary. The US is not going to let foreigners keep it trapped in a depression.
I doubt matters will ever come to this. Japan is already in dire straits. Exports crashed 46pc in January, year-on-year. The Bank of Japan may soon start buying US Treasuries for its own reasons – just as it did from 2003 to 2004 – in order to reverse the 30pc rise of the yen over the last 18 months. If it helps preserve the Sino-US defence alliance in the face of Chinese naval expansion, so much the better.
In any case, the storm has shifted across the Atlantic to Europe. Germany faces 5pc contraction this year (Deutsche Bank). The bill has come from the burst bubble in the ex-Soviet bloc. Europe's banks are on the hook for $1.6 trillion (£1.1 trillion). For the first time since the launch of monetary union, Europe's leaders are speaking openly about the risk of EMU break-up.
A run on the US dollar looks a remote threat as the euro drama unfolds. The Fed may soon have all the room for manoeuvre it needs. Small comfort.
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4884 975/We-need-shock-and-awe-policies-to-halt-depression.html _________________ www.lawyerscommitteefor9-11inquiry.org
www.rethink911.org
www.patriotsquestion911.com
www.actorsandartistsfor911truth.org
www.mediafor911truth.org
www.pilotsfor911truth.org
www.mp911truth.org
www.ae911truth.org
www.rl911truth.org
www.stj911.org
www.v911t.org
www.thisweek.org.uk
www.abolishwar.org.uk
www.elementary.org.uk
www.radio4all.net/index.php/contributor/2149
http://utangente.free.fr/2003/media2003.pdf
"The maintenance of secrets acts like a psychic poison which alienates the possessor from the community" Carl Jung
https://37.220.108.147/members/www.bilderberg.org/phpBB2/ |
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QuitTheirClogs Trustworthy Freedom Fighter
Joined: 09 Feb 2007 Posts: 630 Location: Manchester
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Posted: Sun Mar 01, 2009 11:14 pm Post subject: |
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Quote: | As for China – and others pursuing a mercantilist strategy of export-led growth – they must know that the US can shut off its market and wreak havoc to their economy. |
China hasn’t been getting anything from the US except mountains of worthless paper. It uses some of that paper to buy stuff (raw materials etc) from poor countries. The poor countries use the paper to pay the interest on the loans they accumulated through infrastructure projects and buying armaments. China is good at infrastructure projects and manufacturing arms and lots of other stuff. Why not just cut out the middle-man, i.e. the dollar, and find some means to direct the made-in-China stuff to the poor countries in exchange for raw materials and other favours? I’m sure China has it all figured out. _________________ Simon - http://www.patriotsquestion911.com/
David Ray Griffin - 9/11: the Myth & the Reality
http://video.google.com/videoplay?docid=-275577066688213413 |
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Whitehall_Bin_Men Trustworthy Freedom Fighter
Joined: 13 Jan 2007 Posts: 3205 Location: Westminster, LONDON, SW1A 2HB.
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Posted: Fri Mar 13, 2009 11:36 pm Post subject: |
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The One That nearly Got Away.
A timely reminder of Naomi Klein's masterwork?
This short sharp film interpretation.
_________________ --
'Suppression of truth, human spirit and the holy chord of justice never works long-term. Something the suppressors never get.' David Southwell
http://aangirfan.blogspot.com
http://aanirfan.blogspot.com
Martin Van Creveld: Let me quote General Moshe Dayan: "Israel must be like a mad dog, too dangerous to bother."
Martin Van Creveld: I'll quote Henry Kissinger: "In campaigns like this the antiterror forces lose, because they don't win, and the rebels win by not losing." |
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