Skip to comments.Rich countries beware
Posted on 04/02/2013 11:05:16 AM PDT by haffast
Markets were mostly closed on Friday. When they re-opened on Monday, investors seemed unmotivated. Neither the Dow nor the price of gold moved appreciably. Gold ended the day right on the $1,600 mark.
Not much to report in other words.
Here in Argentina, most things were closed on Monday and closed again today, too.
Who do these Argentinians think they are French?
But Bernanke? Is there any evidence than any central banker from the beginning of time until 2 April 2013, added a centime or a farthing to the wealth of the world?
How about Nancy Pelosi or Graham Lindsey? Do they provide a useful service? Do they make the world richer or better in any way at all? Are they productive members of society, or blood-sucking parasites?
It seems obvious here: Argentinian politicians do not add value. They subtract it. They spend money that is not theirs, wealth they never created. They drain away the real wealth of the world by transferring money from those who earn it to those who consume it. Then, it is gone.
Is it any different in North America?
(Excerpt) Read more at moneyweek.com ...
By Jim Willie, GoldenJackass.com
Editor Note: The following MUST READ Hat Trick Letter is Jim Willies self-described Most Important Article Ever, following Fridays release of Willies first audio interview on Cyprus.
An unstoppable sequence of events has been put into motion finally. The pressure has been building for months. Some themes are plainly evident, except to those who wear rose colored glasses in the US Dome of Perception. The USTreasury Bond will be brought home to the US and British banks, where it will choke its bankers, then be devalued for survival reasons, after a painful isolation.
The Chinese and Russians will conspire to finance the Eurasian Trade Zone corridor foundation with USTBonds, held in reserve, put to usage. The British will play a very unusual role, selling out the United States in order to be squires to the Eastern Duo. The process has begun; it cannot be stopped.
The events are already being grossly misinterpreted and minimized in the US press, where devoted lapdogs, artistic swindlers, and creative writers prevail. The Paradigm Shift eastward is showing its next face, with a truly massive trade zone for cooperation and reduced cost overhead as the giant foundation.
The Untied States for all of its past hegemony and devious manipulations and vicious attacks, will be excluded. The British will assist in the exclusion in order to avoid the Third World themselves. The following blueprint is the result of years of planning, with steady information and hints and confirmations by at least two Hat Trick Letter sources. The sunset of the USDollar has a blueprint.
As a personal embroidery, let me state that this article is the most important the Jackass has ever written.
Domestic production in Argentina was pretty much outlawed a long time ago by influential foreign constituents, BTW. Foreign monopolies produced for Argentinians who could no longer afford to buy. Collapse and default were the consequences, as we’ll see here before long. Political/regulator class folks will continue their equally socialist opponents and fight over the pile of debt of dwindling value under “austerity measures” (tax hikes and government layoffs—phrase coined by the Brits?).