CHINA’S CURRENCY MANIPULATED?
By William Pesek, Bloomberg Opinion, Sep 16, 2010 Timothy Geithner can’t be happy. The U.S. Treasury secretary has worked 24/7 for 20 months prodding China to revalue the yuan. Even scant progress is...
View ArticleDID YOU BUY YOUR KILO OF GOLD?
Take a look at this chart of the price of gold for the last three years… Where do you think that trend line is going? Do you think the rulers of the economy in the U.S., Bernanke, Geithner, Obama and...
View ArticleAN EXAMPLE OF THE “EXPANDED FAMILY”
The Expanded Family is found, not only amongst ordinary citizens–it is found in the halls of government and big business. (Please read article The Expanded Family) The people that populate Wall Street...
View ArticleGEITHNER: “PAIN WILL LAST A LONG TIME”
Original article from Associated Press Treasury Secretary Timothy Geithner (GYT’-nur) says many Americans will face hard times for a long time to come. He says President Barack Obama rescued the United...
View ArticleCONFIRMED! GREAT DEPRESSION OF 2008
In Economic Rip Tide I described the beginning of the Great Depression of 2008. All governments and most economists declared that there was no “Depression”, only a “Recession” and that it was over in...
View ArticleEUROPEAN BANKS TO SHRINK…FOR A WHILE
Leon Black: Europe Banks to Shrink Dramatically By Ekaterina Shatalova and Scott Rose, from Bloomberg European banks need to sell 1.5 trillion euros ($2.1 trillion) in assets because of the region’s...
View ArticleU.S. BANKS GOT 1.2 TRILLION IN LOANS
Secret Fed Loans Gave Banks Undisclosed 13 billion in Profits By Bob Ivry, Bradley Keoun and Phil Kuntz, from Bloomberg Markets Magazine Dr. Pinna says: My thesis that banks and the government work...
View Article
