lördag 16 maj 2009

Displacing events in the economy

Jim Puplava visar siffrorna hur lite som den reala ekonomin i realiteten stimuleras med nuvarande historiskt sett gigantiska amerikanska stimulans paket på totalt ca $13 trillion. Den reala ekonomin får av dessa jätte injektioner bara lite drykt 7.4% och att istället det är finans sektorn man desperat försöker att hålla under armarna.

http://accordent.powerstream.net/008/00189/Guestinterview/f.htm

Joseph Stroupes artikelserie i Asian Times om China och Dollarn:

DOLLAR CRISIS IN THE MAKING, Part 1
Remember when the present crisis broke in 2007, the reassurances that it would not spread beyond the confines of subprime; when it did spread, the forecasts that Wall Street banks' losses would amount only to a total of about US$200 billion. Remember when "experts" insisted no widespread credit crunch would result. Remember when they insisted that the crisis was unlikely to spread from Wall Street to the real economy on Main Street? Remember when they said the hundreds of billions of dollars of liquidity thrown into the system would free up the credit seizure. Remember when they said the October 3, 2008, $700 billion stimulus package and the many more hundreds of billions of dollars in bank and corporate bailouts would move the system out of crisis. Where are all these pseudo-intellectual ideas, beliefs, ideologies, assessments and assurances now? On the trash heap, precisely where they belonged in the first place.
http://www.atimes.com/atimes/Global_Economy/KC14Dj04.html

DOLLAR CRISIS IN THE MAKING, Part 2
But now, the US government is risking setting in motion inflationary forces that are profoundly more potent and difficult to manage. Virtually every economist on the planet calls this situation one that has the real potential for seriously and permanently damaging the dollar by inflating away too much of its remaining value not very far down the road. They also warn that, specifically due to the extremely risky monetary and budgetary policies now being embarked upon, the timing will be absolutely crucial for future Fed watchfulness and actions aimed at preventing a catastrophic, uncontrolled rise in dollar inflation.
http://www.atimes.com/atimes/China_Business/KC17Cb02.html

DOLLAR CRISIS IN THE MAKING, Part 3
Several Chinese experts have been saying that China needs to spend a significant portion of its dollar-denominated reserves on hard assets, thereby further reducing its exposure to the dollar. It certainly appears that China is embarking upon just such a strategy. According to research by Rachel Ziemba of RGE Monitor, in the first two months of 2009 alone China has already confirmed such deals for hard assets worth a total of over $50 billion. Clearly, China is just now opening its global strategy of pursuing such resource buys at a time when the prices of hard assets are extremely attractive and many more such buys are in the offing
http://www.atimes.com/atimes/China_Business/KC18Cb02.html

Fed plays proxy for China
http://www.atimes.com/atimes/Global_Economy/KE16Dj02.html

Här kan man läsa Christina Romers, head of the Council of Economic Advisers, dvs Obamas ekonomiske rådgivare recept för att skapa inflation: devalue the dollar followed by rapid money printing:

Roadmap To Inflation And Sources Of Cheap Insurance
http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/archive/2009/03/24/roadmap-to-inflation-and-sources-of-cheap-insurance.aspx

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