China and Japan (2nd and 3rd largest economies) will now start to trade amongst themselves using Yen and Yuan and not the U.S dollar.
The is a big hit to the United States dollar, because it currently is the world’s reserve currency, however because America is in so much debt and America keeps printing more money out of thing air, the U.S dollar value is being driven down.
Archive for December, 2011
China and Japan Deliver A Huge Blow To the U.S. Dollar!!!
Friday, December 30th, 2011Chinese Astrology 2012 Year of the Black Water Dragon – A Time of Change
Thursday, December 29th, 2011
Here are a few links describing the Chinese astrology predictions for the year 2012, which is the year of the “Black Water Dragon”, the dragon is the astrological sign and water is the element. Some say it will not be as volatile as 2011 and also because dragon is a sign of wealth, power and prosperity some people might have a good 2012.
Is Canadian Housing Market Finally Slowing – 5 to 10 Percent Drop in Home Prices in 2012
Thursday, December 29th, 2011
Many economic analyst out there are warning that the Canadian housing market is overvalued and flooded with supply. While the U.S housing market crashed in 2007 and still have not recovered, Canada during that time has boomed.
However, Canada is not completely immune to global slowdowns. If anything we are in a delayed cycle, Canadians now have record high debt levels and are buying houses driving prices higher on cheap mortgages. This behavior in somewhat like what happen to American’s except we are a few years behind.
Jim Rogers View On Year 2012 – Finance News Network Interview – Dec. 22, 2011
Monday, December 26th, 2011
What Jim Rogers is predicting for year 2012 doesn’t seem to be very good for the U.S. All real data and signs point to some very bad things happening, but if you listen to mainstream media or the fantasy / illusion (propaganda) that is pushed to people everything is O.K.
Only time will tell, I personally think the first 3 months of the new year 2012, will set the tone.
by Das Brain
War, War Veterans, History & USA Foreign Policy – How America Created It’s Own Enemies
Friday, December 23rd, 2011
When will the American empire get it, that the U.S should stay out of others countries business. Those are sovereign countries, and you don’t go into another country and tell them what to do or how to live.
Think about this. Would you like it if someone from another district, state, province or county come to your house and tell you how you should arrange your home, or tell you how you should live…what you should buy, tell you how what religion to practice or they steal your belongings??
Why Wont The U.S Government Tell Us The Truth About Iraq?
Friday, December 23rd, 2011Goldman’s Jim O’Neill: “Our Future Prosperity Depends on Chinaâ€
Friday, December 23rd, 2011US Economy Is a Bubble That Will Burst: Jim Rogers
Friday, December 23rd, 2011
This video was uploaded by NDTV on Dec.22, 2011
Looking at M2, the Federal Reserve is printing more in secret and injecting it in the stock markets, keeping it inflated…preventing it from collapsing, but it will happen.
No or Dismal Santa Claus Rally 2011 Means Probably Down Q1 2012
Friday, December 23rd, 2011
The fact that today is 2 days to Christmas and there have been a very dismal market move upwards, I think this sets up a bad tone for the markets going into the first quarter of next year.
The market strength is just not there and using technical analysis looking both the DOW and Nasdaq charts it seems the the DJIA is going sideways and the Nasdaq is starting to trend down. Both the DOW and Nasdaq shows declining volumes as well.
Bell To Stop Internet Throttling – Finally Relief For Peer-to-Peer Downloaders
Tuesday, December 20th, 2011
Finally after pressure from the Canadian Radio-television and Telecommunications Commission (CRTC) Bell is going to stop traffic shaping / throttling of internet traffic of their Internet customers. They were targeting specifically peer-to-peer users like BitTorrent and other P2P services. This is a good move for Bell and I think they will gain lots of customer from Rogers Internet.
