Dear Lena Petrova ,this is Thomas little by little am learning about you , you do not live in Europe and
you have little swiss in you ,I could set my watch on Friday after noon according to your article .
There is a meeting this weekend ( 58 Muslema countries ) in Rayid Saudia Arabia to discuss the Israel/Gaza ,situation will there be an Oil embargo ?, I think it was 1973 when oil was $ 4 dollars /bd
it went up to $ 16 /bd 400 % increase
There are three items i would like to mention
(1) Look up ( "Thucydides' Trap " the rise and fall of great powers the world is in stage "7" right now
(2) Michael Hudson World renowned Economist once you watch this video you may understand
How varies economy system work and what is happening right now ,also you will find out why the China's system is the best system for the 99 % of the people compare to all other world systems ,and
what the BRICS money will be at the end.
on youtube war against NATO not Russia I China vs USA IBRICS I Michael Hudson By: Dialogue works
(3) Pepe Escobar is one of the World's best Geopolitical analyst and what set's him apart from many
other good one's he has many high level connections world wide ,you will not only find out what is going on , the direction things are going ,insight about the major player's and why it is so difficult
to go forward without starting a Nuclear War , ( first read Thucydides's Trap ).
on youtbe Pepe Escobar joins on neocons' new low in Gaza as Nato pivots from Ukraine
By: Danny Haiphong.
Extra The USA Inc. is already in a recession .
If you read and watch and understand the three items above the information there ,it would take you many thousand's of hours to do research and you would still not get the full picture.
Never do governments want to agree with ratings agencies downgrading them, but it is what it is, the US government is rapidly becoming a serious risk to investors, as their Debt/ Deficit spending spree continues unabated.
Living in South Africa, we know a lot about our Government's credit rating being downgraded, and how it then affects other institutions, including banks.
As an outsider looking in, I see no reason for Janet Yellen's defiant stance, as thete are no visible signs that the US has anything to back the debt except for a well oiled inflation drivin money printing press, which exacerbates the situation.
We are aware that both China and Russia have large stocks of gold to back their debt, and the UK is attempting to sanction Russian gold, which will only negatively effect the London Gold Exchange, which in a manner confirms Russian gold reserves.
The US situation is currently questionable, and since no external audits of supposed US Gold Reserves is conducted, and the fact that the US is settling interest and debt with more debt, one can't help but wonder if the US actually has any Gold Reserves left.
I wouldn't be surprised if unscrupulous actors with the US Government had found a way to remove gold stocks and salt them away for personal benefit, or to settle prior debts, leaving a situation much like that of the current oil reserves.
Dear Lena Petrova ,this is Thomas little by little am learning about you , you do not live in Europe and
you have little swiss in you ,I could set my watch on Friday after noon according to your article .
There is a meeting this weekend ( 58 Muslema countries ) in Rayid Saudia Arabia to discuss the Israel/Gaza ,situation will there be an Oil embargo ?, I think it was 1973 when oil was $ 4 dollars /bd
it went up to $ 16 /bd 400 % increase
There are three items i would like to mention
(1) Look up ( "Thucydides' Trap " the rise and fall of great powers the world is in stage "7" right now
(2) Michael Hudson World renowned Economist once you watch this video you may understand
How varies economy system work and what is happening right now ,also you will find out why the China's system is the best system for the 99 % of the people compare to all other world systems ,and
what the BRICS money will be at the end.
on youtube war against NATO not Russia I China vs USA IBRICS I Michael Hudson By: Dialogue works
(3) Pepe Escobar is one of the World's best Geopolitical analyst and what set's him apart from many
other good one's he has many high level connections world wide ,you will not only find out what is going on , the direction things are going ,insight about the major player's and why it is so difficult
to go forward without starting a Nuclear War , ( first read Thucydides's Trap ).
on youtbe Pepe Escobar joins on neocons' new low in Gaza as Nato pivots from Ukraine
By: Danny Haiphong.
Extra The USA Inc. is already in a recession .
If you read and watch and understand the three items above the information there ,it would take you many thousand's of hours to do research and you would still not get the full picture.
Thank you and have a good weekend
Thomas
Hi Thomas! Great to hear form you! Thank you very much for your recommendations! Very interesting and I'll be sure to research them!
Thanks Lena, as always your reporting is of very high quality.
Never do governments want to agree with ratings agencies downgrading them, but it is what it is, the US government is rapidly becoming a serious risk to investors, as their Debt/ Deficit spending spree continues unabated.
Living in South Africa, we know a lot about our Government's credit rating being downgraded, and how it then affects other institutions, including banks.
As an outsider looking in, I see no reason for Janet Yellen's defiant stance, as thete are no visible signs that the US has anything to back the debt except for a well oiled inflation drivin money printing press, which exacerbates the situation.
We are aware that both China and Russia have large stocks of gold to back their debt, and the UK is attempting to sanction Russian gold, which will only negatively effect the London Gold Exchange, which in a manner confirms Russian gold reserves.
The US situation is currently questionable, and since no external audits of supposed US Gold Reserves is conducted, and the fact that the US is settling interest and debt with more debt, one can't help but wonder if the US actually has any Gold Reserves left.
I wouldn't be surprised if unscrupulous actors with the US Government had found a way to remove gold stocks and salt them away for personal benefit, or to settle prior debts, leaving a situation much like that of the current oil reserves.