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The opposition of Germany and France against increased government spending “Obama-style” turned out to be just hot air. The leaders of the G20 decided to throw more money at the problems, this time more than $1 trillion.
The leaders tried to show optimism, but a closer look at the results of the summit shows there is [...]

It’s no secret the Chinese are very worried about the US dollar as the world reserve currency. A week ago the governor of the People’s Bank of China said out loud that a new currency reserve system controlled by the International Monetary Fund (IMF) could prove more stable and economically viable.

The reaction of the [...]

When the economic and financial crisis surfaced last year, politicians around the world gave the impression they were surprised this crisis came, and some even claimed that nobody saw it coming… In reality several economists did see it coming, like the people from LEAP 2020, a European thinktank studying global economics and politics. They had [...]

Conformation what we already knew: the Chinese want to abandon the US dollar as the world reserve currency. Zhou Xiaochuan, governor of the People’s Bank of China, said a new currency reserve system controlled by the International Monetary Fund (IMF) could prove more stable and economically viable.
And: “The global economic crisis has revealed the [...]

Did you loose a lot of money because of your bank…??

Are you frustrated with all your bank – because of all the money they are spending….??
Would you like their apologies..??
Well; you can go to this website and receive an apology of your bank !!
I did receive mine !!

Get your apology; Shootabanker.com
Source; Telegraaf.nl

Readers who have been following this blog for a while know about the exploding money supply in the United States. Two months ago Obma said that “we won’t just throw money at our problems, we’ll invest in what works”, but now we know that throwing money is exactly what he is going to do.
The Federal [...]