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

To: KyrosL who wrote (74941)	6/7/2011 9:44:53 AM
From: Haim R. Branisteanu	7 Recommendations Read Replies (2) \| Respond to of 217711

this is not the point. The point is that many states in the US are also close to default similar to the PIIGS, but contrary to the PIIGS which CNBC trumpets about their problems all the time we hear very little about the US States with problems, some of which borrow at 1% a month to pay contractors. There is huge difference between being an optimist and misleading by hiding the truth It is classic propaganda of the US owned networks employing talking heads that former dictatorship or communist regimes would be proud to have such excellent propaganda staff. It all goes back to my previous posts - that people that are scum are now running the US and not those high valued individuals that valued hard work creativity and innovation from years past - they are silenced by the scum.

To: KyrosL who wrote (74941)	6/7/2011 10:34:58 AM
From: prometheus1976	1 Recommendation Read Replies (2) \| Respond to of 217711

Don't be so pessimistic !!....Perhaps we'll still get the collapse.. regards,p1976

To: KyrosL who wrote (74941)	6/26/2011 11:41:29 AM
From: Haim R. Branisteanu	Respond to of 217711

BIS: Central Banks May Need To Raise Rates Faster Than Usual 26-Jun-2011 By Todd Buell Of DOW JONES NEWSWIRES BASEL, Switzerland (Dow Jones)-Once central banks start lifting interest rates, they may have to do it faster than in previous hiking cycles, the Bank for International Settlements, a bank which serves as a bank for central banks, argued Sunday in its 81st annual report. The BIS warned that challenges to monetary policy are intensifying and that still low interest rates in advanced economies are delaying necessary balance sheet adjustment. The "persistence" of such low rates "is magnifying the risk that the distortions that arose ahead of the crisis will return," the BIS said. Falling economic slack and higher prices for food, energy and other commodities are pushing up inflationary risks, the BIS said. The dissemination of inflationary dangers from major emerging economies to advanced economies "bolsters the conclusion that policy rates should rise globally," the BIS argued. Still, some countries do need to balance the need to tighten with vulnerabilities connected with "still-distorted balance sheets and lingering financial sector fragility," the bank said. Nevertheless, "once central banks start lifting rates, they may need to do so more quickly than in past tightening episodes." "Highly accommodative monetary policies are fast becoming a threat to price stability," the BIS said, noting also that international financial imbalances are starting to re-emerge. The bank observed that the pre-crisis boom "masked" long-term fiscal vulnerabilities that, if unaddressed, could spark the next crisis. The BIS added that market turbulence surrounding fiscal crises in Greece, Ireland and Portugal "would pale beside the devastation that would follow a loss of investor confidence in the sovereign debt of a major economy." -By Todd Buell, Dow Jones Newswires, +49-1607434090, todd.buell@dowjones.com