EconWatch.com > Libya, Japan crises could rock the economy - Ben White - POLITICO.com
[POLITICO.com: Politics] “But that’s a combination of a relief rally based on better news out of Japan and the fact that QE2 is continuing,” Rickards said, referring to the Fed Reserve’s latest program of “quantitative easing”
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[Bill Totten's Weblog] Rock Me on the Water: The world was very busy watching the ME/NA [Middle East and North Afica] countries go batshit in history’s center ring, but the spectacle of wreckage in Japan, unfolds now like the slow-motion blossoming of some gigantic evil chrysanthemum and you get the ominous idea that this is only the start of a story that will grind on and on as more bodies are discovered and the nuclear fiasco burns deeper and Japan’s finances enter a death spiral. How could you watch those videos of the sickening wall of black water that slammed through Sendai without wondering how many doomed people it carried unseen beneath the rafts of cars, and the sideways ships, and the eerily floating houses?
[UKIAH BLOG] What a nation of morons we are: The world was very busy watching the ME/NA countries go batshit in history’s center ring, but the spectacle of wreckage in Japan, unfolds now like the slow-motion blossoming of some gigantic evil chrysanthemum and you get the ominous idea that this is only the start of a story that will grind on and on as more bodies are discovered and the nuclear fiasco burns deeper and Japan’s finances enter a death spiral. How could you watch those videos of the sickening wall of black water that slammed through Sendai without wondering how many doomed people it carried unseen beneath the rafts of cars, and the sideways ships, and the eerily floating houses?
[Ron Paul 2012 | Sound Money, Peace and Liberty] Jim Rickards on King World News: IMF Emerging as Global Central ...: This seems to be what the article is saying. But spending real silver into the economy at large (I'm thinking of a grocery store or a .
[tofu mary] How black is the Japanese nuclear swan?: And how different is the real tsunami that destroyed an entire Japanese city (as seen in the disturbing video footage below) from Ben Bernanke’s easy money tsunami that is literally destroying the real economy worldwide?
[Poster's Paradise] rock-me-on-the-water: but that would only destroy the US Economy and American government at all levels, since we can’t meet our obligations even at ZIRP levels – and, anyway, who would step forward now to buy this crap under any circumstances?
[The Cobden Centre] Jim Rickards: Perpetual Quantitative Easing » The Cobden Centre: My antipathy toward Georgism right now is that whichever way you cut it it involes a state-like entity to collect it, even if it merely redistributed the entire collected economic rent, and there is no known way of achieving a limited state that remains limited: no constitutional magic paper can bind politicians as we see from the USA.
[Gramercy Images News] Rock Me on the Water at Gramercy Images News: It would be nice for Euro-America (and China, too, actually) if the Libyan oil industry could survive all this intact but as Michael Klare pointed out on the Web last week, it is generally the case that oil production goes way down permanently in all nations that endure political uproars. Anyway, a no-fly zone involves a lot more than just shooting down Gadhafi’s aircraft when it dares to take off.
[Stock Share Price] As America's Banker, China Holds Considerable Sway - But It's a ...: “Could China threaten to dump its US Treasurys and cause a super spike in interest rates that would sink the US economy?” said Rickards. “Yes, but if they did, they would incur enormous losses in their own position.” .
[Selected Paradise Posts and Feeds] rock-me-on-the-water « Selected Paradise Posts and Feeds: The most beguiling financial idea of the week comes from Jim Rickards of Omnis on Eric King’s interview website who says that the shear load of stuff in the Fed’s vaults is now so enormous that further QE is quite unnecessary to continue monetizing America’s debt. All they have to do over at the Fed is rollover the maturing securities they hold and take the money and buy more securities!
[goldandsilverlinings.com] goldandsilverlinings.com » Blog Archive » Pento Summary - from ...: Japan will have higher debt service costs due to printing money to hold the Yen down instead of using savings. (My 2 cents: I’d say the problem is of course they’d burn the US by doing this, I see them hauling purchases with some minor selling of US debt)
[Cara Community] Bill Cara's Blog for Mar 15, 2011 [See Post-Close report] | Cara ...: Japanese auto companies accounted for about 22% of China sales and its components exports, such as engines and transmissions are widely used in local auto production. Japan also supplies critical components for Chinas semi-conductors, displays, generators, railway equipment, chemicals, and precision machine-tools widely used in Chinas electronics, machinery, railway, and power sectors industries.
[Finansiella Insikter] Alert: Nuclear (and Economic) Meltdown In Progress | Finansiella ...: Already we know that much of Japan’s manufacturing output will be crippled for a while due to quake damaged plants being destroyed, workers failing to show up as they attend to their families in a moment of deep crisis, and electricity shortages due to destroyed power plants being taken permanently off-line. How much and which products will be affected will take weeks of effort to discover, as our highly integrated global supply network has an unknowable number of nodes that originate in or pass through Japan.
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