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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: TobagoJack who wrote (41514)10/19/2008 4:59:30 AM
From: elmatador1 Recommendation  Read Replies (1) of 218088
 
Once British Empire went belly up -end of WWI- the baton was not formally handed over to the US, this was the root cause of the Depression and lead to WWII.

Today we are in the same situation. Only it took longer than the interim period 1918-1939.

It's been taking 1972-2008 to unfold into a crisis that will not be solved by war but by a round of discussions the type US and Europe are agreeing upon.
Bush to Host First in Series of Summits on Financial Crisis
bloomberg.com

Last week India, Brazil and South Africa already started aligning their interest and positions for this round of discussions.
Last week, before senior government officials from India, Brazil and South Africa sat down in a Delhi hotel to discuss the nitty-gritty of trilateral ties during the annual IBSA summit,..
timesofindia.indiatimes.com

The emerging markets were beaten up in the past months for intimidation purposes and to soften their positions coming the round of discussions for the new economic world order.
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