Category: Global Financial System
The analysis published under this category are as follows.
Monday, August 24, 2009
U.S. Dollar the Achilles’ Heel of the Worlds Financial System / Currencies / Global Financial System
By: LewRockwell
Bill Bonner writes: The dollar fell to $1.42 per euro yesterday. Many believe it is the Achilles’ heel of the entire world financial system – and Warren Buffett is among them.
Tuesday, August 04, 2009
Controlling the Global Economy: Bilderberg, the Trilateral Commission and the Federal Reserve / Politics / Global Financial System
By: Global_Research
Andrew Gavin Marshall writes: This essay is Part 3 of "Global Power and Global Government," published by Global Research.
Part 1: Evolution and Revolution of the Central Banking System
Part 2: Origins of the American Empire: Revolution, World Wars and World Order
Wednesday, July 29, 2009
One World Currency is Inevitable / Currencies / Global Financial System
By: Christopher_Laird
I know it sounds impossible, but the world is being forced to a point of having to implement a one world currency. Or at least a one world currency among the major economies – maybe Tunisia might escape.
Thursday, July 23, 2009
Towards Integration of the U.S. Dollar and the Euro into a New Global Currency / Currencies / Global Financial System
By: Global_Research
Michel Chossudovsky writes: With a view to restoring financial stability, World leaders have called upon the Group of 20 countries (G-20) to instigate a new global currency based on the IMF's Special Drawing Rights (SDRs).
The media has presented the global currency initiative as a consensus building process, in which BRIC countries (Brazil, Russia, India and China) would participate in the revamping of the international monetary system.
Tuesday, June 23, 2009
BIS Global Big Brother, Trading Financial Stability for National Sovereignty? / Politics / Global Financial System
By: Global_Research
Ellen Brown writes: Buried on page 83 of the 89-page Report on Financial Regulatory Reform issued by the U.S. Administration on June 17 is a recommendation that the new Financial Stability Board strengthen and institutionalize its mandate to promote global financial stability. Financial stability is a worthy goal, but the devil is in the details. The new global Big Brother is based in the Bank for International Settlements, a controversial institution that raises red flags among the wary . . . .
Thursday, June 18, 2009
BRIC's Moving Towards a New Financial World Order / Currencies / Global Financial System
By: Global_Research
Natalia Kovalenko writes: During their summits in the Russian city of Yekaterinburg on Tuesday, SCO and BRIC members urged the creation of a new global financial security system, reiterating their drive to act in concert to weather the economic meltdown.
Read full article... Read full article...
Sunday, June 14, 2009
De-Dollarization, Dismantling America’s Financial-Military Empire / Politics / Global Financial System
By: Global_Research
Michael Hudson writes: The Yekaterinburg Turning Point - The city of Yakaterinburg, Russia’s largest east of the Urals, may become known not only as the death place of the tsars but of American hegemony too – and not only where US U-2 pilot Gary Powers was shot down in 1960, but where the US-centered international financial order was brought to ground.
Friday, June 05, 2009
Balance of Global Financial Power Shifting to China / Politics / Global Financial System
By: Money_and_Markets
Mike Larson writes: So this is what it’s come to: Our Treasury Secretary, Timothy Geithner, has to jet off to Beijing to beg for mercy from our biggest global creditor.
He has to sit by and be lectured in the ways of finance by Chinese officials.
Read full article... Read full article...
Thursday, June 04, 2009
A Structural Change in the Global Debt Based Financial and Economic System / Economics / Global Financial System
By: Submissions
Brett Jordaan writes: What politicians and central bankers around the world are either neglecting to tell us, or to consider, is that the current economic crisis, now a global recession and fast becoming a depression, is a result of a fundamental structural shift in the very makeup of the world economy. The credit crisis is widely accepted as the trigger for the current economic woes, but those who take a broad view of the world will see that our current predicament was actually years in the making, and ultimately, inevitable. As inevitable as the collapse of a house of cards, or the implosion of a Ponzi scheme. In fact, the global monetary system actually fits the description of a Ponzi scheme.
Monday, June 01, 2009
True Story of the Bilderberg Group and What They May Be Planning Now / Politics / Global Financial System
By: Stephen_Lendman
For over 14 years, Daniel Estulin has investigated and researched the Bilderberg Group's far-reaching influence on business and finance, global politics, war and peace, and control of the world's resources and its money.
His book, "The True Story of the Bilderberg Group," was published in 2005 and is now updated in a new 2009 edition. He states that in 1954, "the most powerful men in the world met for the first time" in Oosterbeek, Netherlands, "debated the future of the world," and decided to meet annually in secret. They called themselves the Bilderberg Group with a membership representing a who's who of world power elites, mostly from America, Canada, and Western Europe.
Tuesday, May 26, 2009
Bilderberg Plan For Remaking the Global Political Economy 2009 / Politics / Global Financial System
By: Global_Research
Andrew G. Marshall writes: From May 14-17, the global elite met in secret in Greece for the yearly Bilderberg conference, amid scattered and limited global media attention. Roughly 130 of the world’s most powerful individuals came together to discuss the pressing issues of today, and to chart a course for the next year. The main topic of discussion at this years meeting was the global financial crisis, which is no surprise, considering the list of conference attendees includes many of the primary architects of the crisis, as well as those poised to “solve” it.
Thursday, May 21, 2009
Government Debt Downgrades vs. Gold / Interest-Rates / Global Financial System
By: Mike_Shedlock
The word for today is "downgrade". Inquiring minds may wish to count the instances of downgrade in the following paragraphs.
UK and US Debt Face Downgrades
Tuesday, May 19, 2009
Russia Dumps the U.S. Dollar for Euro as Reserve Currency / Currencies / Global Financial System
By: Pravda
The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5 percent as of January 1, 2009 and exceeded the investments in dollar assets, which made up 41.5 percent, The Vedomosti newspaper wrote.
Read full article... Read full article...
Monday, May 18, 2009
Restoring National Sovereignty with A Truly National Banking System / Politics / Global Financial System
By: Stephen_Lendman
Reviewing Ellen Brown's "Web of Debt:" Part VI -
This is the sixth and final article on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on establishing a people-oriented banking system. It's high time we had one and reclaimed what's rightfully ours.
Thursday, May 14, 2009
Countries Should Use their Central Bank Reserves to Tame the Speculators / Politics / Global Financial System
By: Global_Research
Michael Hudson writes: Yevgeny Primakov explains where Russia’s Neoliberal Model Went Wrong - Last week Izvestiya published an interview with former Premier Yevgeny Primakov, now president of the Chamber of Commerce and Industry. (Johnson’s Russia List published a translation on May 8). The discussion centered on a universal problem – what China and other Asian countries, as well as OPEC and Europe should do with the export surpluses and proceeds mounting up in their central banks from mortgaging or selling off their real estate and industry. Or to put matters in retrospect, what should they have done to avoid the neoliberal monetarist ideology that governments should do nothing at all with these surpluses, not even use them to fuel economic growth.
Thursday, May 14, 2009
The Debt Spider Captures America - American Workers Consigned to Debt Serfdom / Politics / Global Financial System
By: Stephen_Lendman
Reviewing Ellen Brown's "Web of Debt:" Part IV - This is the fourth in a series of articles on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on America's "web of debt" entrapment.
Tuesday, May 12, 2009
Global Debt Enslavement - From Gold Reserves to Petrodollars / Politics / Global Financial System
By: Stephen_Lendman
Reviewing Ellen Brown's "Web of Debt:" Part III - This is the third in a series of articles on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on global debt entrapment.
Monday, May 11, 2009
How Scotland's Unscrupulous Money Men Sought to Control Colonial America / Politics / Global Financial System
By: BBC
Neil Oliver and A History Of Scotland are about to go Stateside to document Scotland's international moneymen, who weren't averse to "playing the markets" for their own ends in the 18th century.
Friday, May 08, 2009
Bankers Capture the Money Machine: Reviewing Ellen Brown's "Web of Debt:" Part 2 / Politics / Global Financial System
By: Stephen_Lendman
This is the second of several articles on Ellen Brown's remarkable book titled "Web of Debt....the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." It's a multi-part snapshot. Reading the entire book is strongly recommended - easily obtainable through Amazon or Brown's webofdebt.com site.
Wednesday, May 06, 2009
Global Monetary & Financial System: Reviewing Ellen Brown's "Web of Debt:" Part I / Politics / Global Financial System
By: Stephen_Lendman
This is the first of several articles on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." Given today's global economic crisis, it's an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown's webofdebt.com site. Her book is a remarkable achievement - in its scope, depth, and importance.