Jim Rogers on US Treasuries

14/01/2009 § Leave a comment

 

If I were the Chinese, I wouldn’t buy another single US. government bond.

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Jim Rogers: Jim Rogers on US Treasuries

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Shipping rates hit zero as trade sinks

14/01/2009 § Leave a comment

 

Freight rates for containers shipped from Asia to Europe have fallen to zero for the first time since records began, underscoring the dramatic collapse in trade since the world economy buckled in October.

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Shipping rates hit zero as trade sinks – Telegraph

Not Exactly Brain Surgery

13/01/2009 § 1 Comment

 

Frankly, I was amazed by how dumb some of my colleagues were.

The culture rewards speed, opportunism, and quite often recklessness. It does not reward what most people consider "intelligence" — advanced mathematics ability, or knowing or caring about the difference between Shia and Sunni.

Banksters and their hucksters. Somebody please open a window for them!

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-THE CUNNING REALIST-: Not Exactly Brain Surgery

A Military Dictatorship Coming To America

08/01/2009 § Leave a comment

 

THE WORSENING ECONOMIC CRISIS has prompted the US Army War College to issue a report urging the use of military troops to contain possible civil unrest throughout America. Entitled, Strategic Shocks in Defense Strategy Development, issued on November 4, 2008, the report argues that the US military must prepare for a violent domestic dislocation provoked by an economic collapse. The report was authored by Nathan Freier, an Army lieutenant-colonel and professor at the US War College in Carlyle PA – the Armys main training institute for prospective senior officers. Freier consigns dissenting Americans to the category of hostile groups:

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A Military Dictatorship Coming To America | Pakistan Daily

Yuan-settlement test to start

07/01/2009 § Leave a comment

 

CHINA’S central bank said yesterday that it plans to implement a pilot program that would settle overseas trade with the Chinese currency instead of the US dollar. Chinese exporters might face losses if they continue to be paid in US dollars, analysts said.

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Yuan-settlement test to start — Shanghai Daily | wå¥ — English Window to China New

Willem Buiter warns of massive dollar collapse

07/01/2009 § Leave a comment

Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned.

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Willem Buiter warns of massive dollar collapse – Telegraph

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