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Chi Shod? Chi Shod? Progress to Catch up with Davos — RT

It’s the gold standard of networking. Many executives swear that they don’t meet as many decision-makers in a whole year, as they do in the corridors and conference rooms of an economic forum. In comparison from a stand point of Networking for the well being of Iranians the 2500 year celebrations put forward by the late shah of Iran's team were a diamond standard in the world. In terms of price the celebrations cost far less, in terms of exclusivity the guest list ... Continue reading »

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faraway

faraway

King of 'fiat' money:

"The abandonment of the gold standard made it possible for the welfare statists (government bureaucrats) to use the banking system as an unlimited expansion of credit. In the absence of the gold standard, there is no way to protect savings from confiscation through inflation... Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process." - Alan Greenspan

Zendanian

Zendanian An injury to one is an injury to all.

The New Depression: The Breakdown Of The Paper Money Economy
Why the global recession is in danger of becoming another Great Depression, and how we can stop it

When the United States stopped backing dollars with gold in 1968, the nature of money changed. All previous constraints on money and credit creation were removed and a new economic paradigm took shape. Economic growth ceased to be driven by capital accumulation and investment as it had been since before the Industrial Revolution. Instead, credit creation and consumption began to drive the economic dynamic. In The New Depression: The Breakdown of the Paper Money Economy, Richard Duncan introduces an analytical framework, The Quantity Theory of Credit, that explains all aspects of the calamity now unfolding: its causes, the rationale for the government’s policy response to the crisis, what is likely to happen next, and how those developments will affect asset prices and investment portfolios.
http://www.richardduncaneconomics.com/the-new-depression/

amirparvizforsecularmonarchy

amirparvizforsecularmonarchy I Love Waterfalls and Find One of the most humorous things in the world; is the notion that Americans are a greater force for good & more civilized than Nazi's, Mullahs and Communists.

What I meant by the lower comment is that the scope of corruption and inequality is many times bigger in the developed democracies of the west, than in the russia and china combined by comparison. Fixing of Libor and its Resolution should prove this point to any intelligent, thinking, discerning person. The controlling of peoples minds by lies, manipulations, distractions, fear will not prevent people seeing the untrue and hypocritical nature of their governments in western democracies.

amirparvizforsecularmonarchy

amirparvizforsecularmonarchy I Love Waterfalls and Find One of the most humorous things in the world; is the notion that Americans are a greater force for good & more civilized than Nazi's, Mullahs and Communists.

What No one is discussing is the depression can not be stopped and will go on 100% for certain for the next 5 years. Knowledgeable politicians knew this in 2008 and almost no informed person is surprised we are where we are. It already is a depression or multiple recession or what ever you want to call it. With out even researching the book I can tell you it does not discuss the big issues pending the developed world, for example how to pay for the monies stolen as a result of criminal fixing of interest rates.

Will the developed world move forward with too big to face justice as well as too big to fail banks? If not, how will the world pay over 2.5 trillion USD dollars the various banks owe from USA, german, uk, french etc. Or will they all go belly up? Russia and China have 2 decades on unopposed progress ahead of them, while the others suffer badly, meanwhile morally they are also going to be leading the major democracies as the manipulations and deceits of the free world media opposed to them is nearly totally ineffective.