Chinese currency manipulation costs America jobs, says panel - MLive.com
AP file photo A panel at the Economic Policy Institute concluded that currency manipulation by China costs America jobs. Economist Paul Krugman estimates that currency manipulation by the Chinese has displaced as many as 3 million U.S. jobs. The ...
Publ.Date : Tue, 16 Mar 2010 17:49:00 GMT
China shuns demands for stronger currency - Financial Times
... with the global financial crisis this will be of no help in co-ordination between the parties involved,” said Yao Jian, Chinese commerce ministry spokesman. Mr Yao rejected the argument that China’s hefty trade surplus with the US was due to ...
Publ.Date : Tue, 16 Mar 2010 08:16:00 GMT
North Korea’s Currency Revaluation Led to Food Crisis ... - Bloomberg
... a United Nations human rights analyst said. The revaluation was one of a series of “draconian” economic steps taken in the impoverished country, Vitit Muntabhorn said in a report to the UN Human Rights Council in Geneva ... UN agencies ...
Publ.Date : Tue, 16 Mar 2010 00:09:00 GMT
Report: South Africa denies North Korean laborers ... - Washington Examiner
... stadiums, South Korea's Yonhap news agency ... North Korea, which maintains strict control on its citizens' travels, has been exporting workers to Russia, the Middle East and Mongolia as part of efforts to earn much-needed foreign currency ...
Publ.Date : Tue, 16 Mar 2010 15:26:00 GMT
Senators say China currency bill likely to pass - Reuters
The bipartisan legislation crafted by Senators Charles Schumer, a New York Democrat, and Lindsey Graham, a South Caroline Republican ... President Barack Obama's administration should "speak the truth" and label China a currency manipulator in a ...
Publ.Date : Tue, 16 Mar 2010 17:20:00 GMT
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Saving America from free market capitalism

English translation German translation - Deutsche bersetzung French translation - Traduction franaise Italian translation - Traduzione italiana Spanish translation - Traduccin espaola Portuguese translation - Traduo portuguese Chinese translation - 中国翻译 Japanese translation - 日本翻訳 Korean translation - 한국 번역 Arabic translation - الترجمه العربيه

 

Sure Fire Trading. Trading Systems, Methods And Signals. Who Else Wants To Trade Like A Pro
It doesn't matter if you trade Forex, Futures, Stocks, Commodities or any market for that matter. This code that I am talking about will rock everything you have ever learned about trading!



Author: Bill Bonner Daily Reckoning Australia

Take time to reflect on these wise words from bill Bonner.

Saving America from free-market capitalism will become the Great National Project of the Obama years. Deficits will top $1 trillion... maybe $2 trillion. Brain dead businesses will be kept alive. Whole industries that should be allowed to go broke will be protected. Towns, states, and colleges that should go bust will be propped up. There will also be a huge building boom - in infrastructure. Bridges, trains, highways...

... it may be time to buy cement companies!

The bailouts are just money down the drain. As for the bridges, who knows whether they are worth the money? But this massive program will achieve its real purpose - distracting and diverting Americans from their loss of wealth.

*** If Olympic medals were given for consumer spending, Americans would have won the gold, silver and bronze every year for the last 20. But now, Americans may become champion savers. Savings could rise to maybe 10% of GDP.

What will happen to all this money? It will be lent to the government. (About which... we will have more to say tomorrow.)

So do you see, dear reader, how the new financial system will work? Instead of squandering their money - as Americans have done for the last 20 years - now, the government will squander it for them.

*** Here comes the Era of Conspicuous Thrift. Yes, you heard it here first.

"No more fancy pants," is a headline at the New York Times. The gist of the accompanying article is that even expensive restaurants are now trying to look cheap. People who still have money to spend don't want to spend it... and when they do spend it, they don't want to look like they are spending it. So restaurants are putting on de po' bo'... that is, they're acting poor. Gone are the sumptuous drapes... gone are the plush carpets and marble tables... gone are the fancy pant waiters.

"Luxury is a dirty word," said one of the designers.


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