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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (73475)4/22/2011 6:11:04 PM
From: TobagoJack2 Recommendations  Read Replies (1) | Respond to of 217753
 
today i am taking down paintings and drawings from my walls to pack n store in prep for gutting renovation starting next week. we will move out for 3 months.

most of the pics on my walls were done by my father, and one cartoon i photographed and offer as reminder re how little things have changed since the 1930s.

many of his works had been featured in various magazines and papers and here are some examples in life magazine i found via google books.google.com

one cartoon hanging on my wall re profits, cost of living, and wages, and how old relationships still holding true




To: Haim R. Branisteanu who wrote (73475)4/23/2011 3:49:21 PM
From: elmatador  Respond to of 217753
 
Bernanke and AG acted per monetarists’ script: It was drying up of money supply, post Crash of 1929, that cause the Depression.
FED printed money. But that was not the case. The market was already saturated with money.
FED added more and fuelled the housing boom.

The printing moved into over-drive at a good point in time:
Countries affected by the 1997/98 Asian Melt down needed to pay the debts they incurred. The flow of newly printed USD took care of that.

There was money to suck imports from China in an unimaginable scale. That kick started the piling up of reserves in China.
Countries, debts paid, could now accumulate foreign reserves to defend their currencies.
That allow them to exercise fiscal measures and put their countries into a stable path of growth.

As interest rates plummeted there was no more fleecing possible. Developing counties no longer exported their capital to Europe, Japan, and the US

The FED kept printing. The flow of money was reaching every corner of earth. Africa started growing and kept in growing course.
Emerging markets could now partner with other developing countries interlocking their economies.
That happened for the first time in a century where economies no longer depended on OECD countries money (capital importation to grow)
This took off while Europeans and Americans only watched. They made a mistake. Did not jump into the bandwagon.
Now India Brazil and China are bringing Africans and South East Asians to speed.

Aligned with the US and Europe the old oligarchies of oil exporting countries started suffering.
They could not recycle petrodollars to be lent to developing countries, low value dollars made their imports in Euro costlier.