Elaine Supkis

Currency ETF Charts

1. Europe is furious that the euro is rising.
2. The Bank of Japan is using every tool they have to weaken the yen.
3. All currencies of commodity-based nations are going down across the planet.
4. England is in the same boat as the US with one gigantic difference: no one is going through hell to raise the value of the pound. They are, with the dollar, because they want to restart the US with buying imported goods from them. England is in the same boat with Iceland and Ireland and will see significant import goods inflate.

Now, currency traders have a different view from nations. They think 'going up' is good and 'going down' is bad. But this is not true in all cases. Major exporters of MANUFACTURED goods desperately want weaker currencies vis a vis the US dollar. And periodically, the US goes through bouts of trying to depress the dollar for the same reason only this always causes a global financial collapse since the dollar is the world's fiat trade currency basis.

Thank you, emsnews.wordpress.com

Powerful Strengths, Pathetic Weaknesses, and What Donald Coxe Recommends

Like so many pundits, Mr. du Plessis doesn't bother to go look into history.
elainemeinelsupkis.typ...

At my story, 'PPT Rescues Are IDENTICAL to PPT Rescues In 1931'
I found a 1931 Time Magazine article that discusses all the rescues pulled by Herbert Hoover.

They are, down the line, exactly the very same rescues launched this last year by Bernanke and Paulson! There is nothing new under the sun.

The fundamentals of the crashing banking system have not changed. These are very unbalanced global trade with the US empire being the main destination of most exports while being able to pay for this with only fiat currency creation and of course the fake interest rates being foisted on us by central bankers.

Japan has inflation of over 2% a year and still lends at sub-1% rates. This is pure insanity. The US simply lies about inflation and it is far, far higher than the official rate of 4%. And the Fed is lending banks money far below this fake interest rate.

And on top of all this, all the G7 nation's governments are overspending and thus, borrowing money. This is massive money creation at work since borrowing=money creation out of thin air. We have too much credit being given to too many who are too deep in debt. Just like with the Great Depression.