Dollar falls after Sweden echoes global switch to euros clickBy Ambrose Evans-Pritchard (Filed: 22/04/2006)
quote:
Sweden has slashed its holding of dollars in the latest sign that central banks across the world are starting to shun US paper.
Niet enkel Zweden;
quote:
The Swedish move follows comments over the last month from officials in Saudi Arabia, Kuwait, and Qatar hinting at a partial switch of their dollar-heavy reserves into euros.
The United Arab Emirates said it is planning to change 10pc of its foreign reserves from dollars into euros to achieve a "better balance".
Wat is het belang van deze Zweedse zet, hoe moeten we het interpreteren?
quote:
Marc Ostwald, an economist at Monument Securities, said the Swedish move did not involve large sums but served as a warning.
"This is yet another indicator that central banks are becoming worried about global imbalances," he said.
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Zelfde onderwerp in het volgende artikel, de spannende versie van Sorchaa Faal.
April 23, 2006United States Economy Nears Total Collapse As American Military Forces Prepare For Total War In Bid For SurvivalBy: Sorcha Faal, and as reported to her Russian Subscribers
clickquote:
The world took a decidedly vicious turn for the worst this past week as Sweden joined with other of the World’s Central Bankers in dumping US Dollars and hastening the collapse of the American Military Warlords
Zonder te overdrijven met Sorcha Faal, het volgende fragment zou ik in de verf willen zetten. De titel van dit topic is, geopolitieke redenen voor de oorlog, het volgende...
quote:
As a nation of 300 million people the American people consume 20 Million Barrels of oil a day compared to China’s use of 6.5 Million Barrels a day for a population of 1.3 billion, yet one of the United States most complete reports, "Life After the Oil Crash: "Deal With Reality or Reality Will Deal With You", which is required reading for every Russian school child, remains virtually unknown to the people of the nation to be most effected by these events, and which is worth remembering now:
"Civilization as we know it is coming to an end soon. This is not the wacky proclamation of a doomsday cult, apocalypse bible prophecy sect, or conspiracy theory society. Rather, it is the scientific conclusion of the best paid, most widely-respected geologists, physicists, and investment bankers in the world. These are rational, professional, conservative individuals who are absolutely terrified by a phenomenon known as global "Peak Oil."
Dick Cheney made the following statement in late 1999:
"By some estimates, there will be an average of two-percent annual growth in global oil demand over the years ahead, along with, conservatively, a three-percent natural decline in production from existing reserves."
That means by 2010 we will need on the order of an additional 50 million barrels a day.
To put Cheney’s statement in perspective, remember that the oil producing nations of the world are currently pumping at full capacity but are struggling to produce much more than 84 million barrels per day. Cheney’s statement was a tacit admission of the severity and imminence of Peak Oil as the possibility of the world raising its production by such a huge amount is borderline ridiculous.
A report commissioned by Cheney and released in April 2001 was no less disturbing:
"The most significant difference between now and a decade ago is the extraordinarily rapid erosion of spare capacities at critical segments of energy chains. Today, shortfalls appear to be endemic. Among the most extraordinary of these losses of spare capacity is in the oil arena."
Not surprisingly, George W. Bush has echoed Dick Cheney’s sentiments. In May 2001, Bush stated, "What people need to hear loud and clear is that we’re running out of energy in America."
zijn motieven voor oorlog.