Sunday, March 07, 2010

Байден - не нападайте на Иран (Russian, Hebrew)



...
הנושא החשוב שעל הפרק הוא איום ההתגרענות הצבאית של איראן. נושא זה יתפוס חלק חשוב בשיחות של ביידן עם ראש הממשלה ואישים נוספים שעימם יוועד בישראל. גם ביידן בא לאותת לירושלים שאל לה לקבל החלטות ולקבוע מהלכים צבאיים כנגד האיום האיראני. זאת, טרם שמוצו כל מהלכי הסנקציות שאותם מתכנן הבית הלבן.



http://www.ynet.co.il/articles/0,7340,L-3858638,00.html

Краткий перевод:

Сегодня, в воскресенье 7 марта, в Иерусалиме состоятся переговоры специального посланника американского президента на Ближнем Востоке Джорджа Митчелла с премьер-министром Израиля Биньямином Нетаниягу...поднималась тема гарантий ненападения Израиля на Иран...вечером в субботу, с министром обороны Израиля Эхудом Бараком.


http://txt.newsru.co.il/mideast/07mar2010/mitchell_101.html

Исландцы отвергли сделку о возвращении долгов Icesave


Исландцы проголосовали на референдуме против сделки, согласно которой Британии и Голландии должны быть компенсированы многомиллиардные потери, понесенные во время банкротства банка Icesave.

...На данный момент обработаны более 70 тысяч бюллетеней, данные которых свидетельствуют о том, что 93% граждан страны против выплаты компенсаций...

...Накануне референдума премьер-министр Исландии Йоханна Сигурдардоттир призвала жителей страны голосовать против выплаты компенсаций, которая, по ее мнению, является "полной бессмыслицей".

По словам главы правительства, стране выгоднее заключить новую сделку с Великобританией и улучшить условия выплаты долга, сумма которого возрастает по мере укрепления евро на валютных рынках. Переговоры по поводу перекредитации проводятся в настоящее время в Лондоне.

http://txt.newsru.com/world/07mar2010/dolgi.html
http://www.echo.msk.ru/news/661835-echo.html
http://www.bbc.co.uk/russian/international/2010/03/100306_iceland_referendum.shtml

Entering the Greatest Depression in History: China (English)


2009-08-06

In November of 2008, the Chinese government injected an “$$$849 billion stimulus package aimed at keeping the emerging economic superpower growing.”... China then recorded a rebound in the growth rate of the economy, and underwent a stock market boom. However, as the Wall Street Journal pointed out in July of 2009, “Its growth is now fueled by cheap debt rather than corporate profits and retained earnings, and this shift in the medium term threatens to undermine China’s economic decoupling from the global slump.” Further, “overseas money has been piling into China, inflating foreign exchange reserves and domestic liquidity. So perhaps it is not surprising that outstanding bank loans have doubled in the last few years, or that there is much talk of a shadow banking system. Then there is China’s reputation for building overcapacity in its industrial sector, a notoriety it won even before the crash in global demand. This showed a disregard for returns that is always a tell-tale sign of cheap money.”

China’s economy primarily relies upon the United States as a consumption market for its cheap products. However, “The slowdown in U.S. consumption amid a credit crunch has exposed the weaknesses in this export-led financing model. So now China is turning instead to cheap debt for funding, a shift suggested by this year’s 35% or so rise in bank loans.”

In August of 2009, it was reported that China is experiencing a “stimulus-fueled stock market boom.” However, this has caused many leaders to “worry that too much of the $$$1-trillion lending binge by state banks that paid for China's nascent revival was diverted into stocks and real estate, raising the danger of a boom and bust cycle and higher inflation less than two years after an earlier stock market bubble burst.”

http://www.globalresearch.ca/index.php?context=va&aid=14680

See also Entering the Greatest Depression in History: The Bailout Bubble
See also Entering the Greatest Depression in History: BIS - Bank for International Settlements
See also Entering the Greatest Depression in History: An Oil Bubble
See also Entering the Greatest Depression in History: China

Entering the Greatest Depression in History: An Oil Bubble (English)


2009-08-06

...In June of 2009, Hedge Fund manager Michael Masters told the US Senate that, “Congress has not done enough to curb excessive speculation in the oil markets, leaving the country vulnerable to another price run-up in 2009.” He explained that, “oil prices are largely not determined by supply and demand but the trading desks of large Wall Street firms.” Because “Nothing was actually done by Congress to put an end to the problem of excessive speculation” in 2008, Masters explained, “there is nothing to prevent another bubble in oil prices in 2009. In fact, signs of another possible bubble are already beginning to appear.”...

...Goldman Sachs was one of the founding partners of online commodities and futures marketplace Intercontinental Exchange (ICE). And ICE has been a primary focus of recent congressional investigations; it was named both in the Senate's Permanent Subcommittee on Investigations' June 27, 2006, Staff Report and in the House Committee on Energy & Commerce's hearing last December. Those investigations looked into the unregulated trading in energy futures, and both concluded that energy prices' climb to stratospheric heights has been driven by the billions of dollars' worth of oil and natural gas futures contracts being placed on the ICE—which is not regulated by the Commodities Futures Trading Commission...Wallace pointed out that:

Essentially, Goldman Sachs is one of the key speculators in the oil market, and thus, plays a major role in driving oil prices up on speculation. This must be reconsidered in light of the resurgent rise in oil prices in 2009.


Essentially, Goldman Sachs is one of the key speculators in the oil market, and thus, plays a major role in driving oil prices up on speculation. This must be reconsidered in light of the resurgent rise in oil prices in 2009.

http://www.globalresearch.ca/index.php?context=va&aid=14680

See also Entering the Greatest Depression in History: The Bailout Bubble
See also Entering the Greatest Depression in History: BIS - Bank for International Settlements
See also Entering the Greatest Depression in History: An Oil Bubble
See also Entering the Greatest Depression in History: China

Entering the Greatest Depression in History: BIS - Bank for International Settlements (English)


2009-08-06

...In late June, the Bank for International Settlements (BIS), the central bank of the world’s central banks, the most prestigious and powerful financial organization in the world, delivered an important warning. It stated that, “fiscal stimulus packages may provide no more than a temporary boost to growth, and be followed by an extended period of economic stagnation.”...

...Of immense import is the BIS warning that, “At the same time, government guarantees and asset insurance have exposed taxpayers to potentially large losses,” and explaining how fiscal packages posed significant risks, it said that, “There is a danger that fiscal policy-makers will exhaust their debt capacity before finishing the costly job of repairing the financial system,” and that, “There is the definite possibility that stimulus programs will drive up real interest rates and inflation expectations.” Inflation “would intensify as the downturn abated,” and the BIS “expressed doubt about the bank rescue package adopted in the US.”...

...In late June of 2009, the BIS reported that as a result of stimulus packages, it has only seen “limited progress” and that, “the prospects for growth are at risk,” and further “stimulus measures won't be able to gain traction, and may only lead to a temporary pickup in growth.” Ultimately, “A fleeting recovery could well make matters worse....

...The BIS has said, in softened language, that the stimulus packages are ultimately going to cause more damage than they prevented, simply delaying the inevitable and making the inevitable that much worse. Given the previous BIS warnings of a Great Depression, the stimulus packages around the world have simply delayed the coming depression, and by adding significant numbers to the massive debt bubbles of the world’s nations, will ultimately make the depression worse than had governments not injected massive amounts of money into the economy...


http://www.globalresearch.ca/index.php?context=va&aid=14680

See also Entering the Greatest Depression in History: The Bailout Bubble
See also Entering the Greatest Depression in History: BIS - Bank for International Settlements
See also Entering the Greatest Depression in History: An Oil Bubble
See also Entering the Greatest Depression in History: China

Entering the Greatest Depression in History: The Bailout Bubble (English)


2009-08-06
...While the bailout, or the “stimulus package” as it is often referred to, is getting good coverage in terms of being portrayed as having revived the economy and is leading the way to the light at the end of the tunnel, key factors are again misrepresented in this situation...

Gerald Celente, the head of the Trends Research Institute, the major trend-forecasting agency in the world, wrote in May of 2009 of the “bailout bubble.” Celente’s forecasts are not to be taken lightly, as he accurately predicted the 1987 stock market crash, the fall of the Soviet Union, the 1998 Russian economic collapse, the 1997 East Asian economic crisis, the 2000 Dot-Com bubble burst, the 2001 recession, the start of a recession in 2007 and the housing market collapse of 2008, among other things.



On May 13, 2009, Celente released a Trend Alert, reporting that, “The biggest financial bubble in history is being inflated in plain sight,” and that, “This is the Mother of All Bubbles, and when it explodes [...] it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world.” Further, “This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the 'Bailout Bubble' explodes, the system goes with it.”


Celente further explained that, “Phantom dollars, printed out of thin air, backed by nothing ... and producing next to nothing ... defines the ‘Bailout Bubble.’ Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the "Bailout Bubble" pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.” Celente elaborated, “Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war,” and that, “While we cannot pinpoint precisely when the 'Bailout Bubble' will burst, we are certain it will. When it does, it should be understood that a major war could follow.


http://www.globalresearch.ca/index.php?context=va&aid=14680

See also Entering the Greatest Depression in History: The Bailout Bubble
See also Entering the Greatest Depression in History: BIS - Bank for International Settlements
See also Entering the Greatest Depression in History: An Oil Bubble
See also Entering the Greatest Depression in History: China

Потенциал бюджетных накачек падает – а значит, мировая экономика скоро возобновит падение


Общая картина мрачна – об этом читателям Telegraph поведал её неистовый колумнист Эмброуз Эванс-Причард. Иллинойс, родной штат Обамы, на грани банкротства – при расходах казны в 28 млрд. долларов доходы составляют лишь 15 млрд., остальное оплачивается ваучерами; пятая часть автобусов стоит на приколе; закрываются библиотеки; школы готовятся к массовым увольнениям (долг перед учителями достиг 725 млн.); кредиторы изымают за долги патрульные машины полиции, штат которой, кстати, уже сократился вчетверо; даже тюрьма отказалась принимать заключённых, пока округ не погасит долги. В похожем положении Флорида, Аризона, Мичиган, Нью-Джерси, Пенсильвания и Нью-Йорк; на подходе Калифорния; фонд федеральных трансфертов штатам опустел – из него вычерпаны все 68 млрд., однако суммарный дефицит бюджетов штатов составляет в 2.5 раза большую сумму. Такие же проблемы у многих стран Евразии – просто сроки коллапсов разные: в любом случае, потенциал бюджетных накачек падает – а значит, мировая экономика скоро возобновит падение. В таких условиях центробанки должны сохранять мягкую денежную политику – но утечка эмиссионных денег на рынки порождает инфляцию издержек, усугубляя трудности производителей и заставляя власти искать пути изъятия избыточной ликвидности. Словом, имеем очевидный тупик – и вполне естественный: фундаментальный перекос спроса и предложения нельзя излечить манипуляциями с денежной массой – теперь в этом предстоит убедиться и самым упёртым монетаристам во главе с Бернанке.

http://worldcrisis.ru/crisis/726921