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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
Reuters: Treasury Secretary Timothy Geithner has estimated that unless Congress acts to increase the debt ceiling, his agency will run out of borrowing authority sometime between March 31 and May 16.
At that point, the government could default on some loans.
oops jul 1746 Dutchess Bunny & Duke Clyde rob Fort Knox. Vaults were empty , hum. Doc Holiday Bernanke had been there before.
sep 1746 Marshal Wyatt Earp gets Doc Holiday Bernanke in Tombstone but shoots deputy.
Bernanke escapes without gold . Looted gold sent to Zurich as information about Fort Knox gold.
AH! 1746 invention of fiat money!
Currency War Emerges at Davos
By AP / FRANK JORDANS and MATT MOORE
(DAVOS, Switzerland) A fight is looming between rich and poor countries over the value of the dollar and other key currencies, as governments use monetary tricks to boost their national recovery at the expense of other nations, political and business leaders warned Saturday.
Washington has been leaning hard on Beijing to allow the Chinese renminbi to rise, saying it is being kept artificially cheap to maintain China's cheap labor advantage. (Can currency devaluation help save some world economies?)
At the same time the United States, Britain and others have encouraged their central banks to pump money into the system as a means of stimulating the economy.
"We are going to see the recovery of nationalism and protectionism, I think we're going to face some type of currency war," said Jose Sergio Gabrielli de Azevedo, president and CEO of Brazilian oil giant Petrobras. "The U.S. is going to try to use weak dollar policy to help recovery in the U.S., and Brazil, India are not going to accept that and will fight back, and then we're going to see some struggle and conflicts," he said.
His words echoed concerns expressed by many participants of the World Economic Forum in Davos, Switzerland, this week, where ways to maintain the fragile global recovery and risks to it are being hotly debated.
Ministers for Germany and France said the euro, and the 17 countries that use it, should be not be short changed by financial markets and that any future shocks to the common currency were unlikely. "I think the euro will be stable," German Finance Minister Wolfgang Schaeuble said....
More: http://www.time.com/time/printout/0,8816,2045113,00.html
ano 1746
i have another version than the cia. and i think u heard it in hamburg.
hmmm qingyu
what about the husqvarna saw help in republic democratic of congo. u know the truth qingyu or its africa or its ... u know it very well. i chose with one F
illogical. It may be consequent from another perspective. It took 50 years to unveil the Nazis lit the fire in the Reichstag . maybe takes 60 years to unveil what really went on 9/11.
Saddam was on CIA payroll Bin Ladin was...perhaps Ahmadhinejad is ...and Putin? Where did this unimportant KGB spy emerge from?
Always if something occurs as expected and can be plausibly explained and messaged 90% chance it is disinformation.