canto

The Next Major Crisis Brewing

Just in case things might worsen, with a few friends, I have spent my savings on useful purchases such as a collective vegetable garden and an orchard , instead of renewing my old car . We are trying to provide for our food by ourselves and never enter shops, supermarkets, hypermarkets or department stores any more. We sew and exchange our clothes between neighbours just like our teenagers, creating our own fashion . Unemployment has enlivened mutual help between neighbours in small and medium towns . It must be more difficult in big cities.

Switzerland Threatens to Start a Currency War

Why don't you mention other famous tax heavens such as Monaco and all the British tax heavens such as Jersey Island , Caiman Islands and a few Carribean islands ?

Ultimate Bubble and the Mother of All Carry Trades

Why do they value gold so much ? Is it reasonable? Gold is not a hard metal, you cannot make anything really useful out of gold and you cannot eat it .
As we do not wear useless jewels, not even wedding rings , my husband and I do not understand why people buy gold . Are they sure it is the rarest metal today ?
Together with some friends, we have bought a non expensive piece of land by a nice river in order to plant fruit trees and to grow our vegetables in the weekends . The children play together in the open air . We think it is the best way to use our savings nowadays . Nobody is sure to keep one's job and income .

China: The One Global Market with Gains Behind the Gloom

You are mentioning Obama's promises . Tell us how he will manage to create 2.5 million jobs and with what money . We know that the USA, the world's greatest debtor, will find no more creditors to invest in the country as their former creditors such as China, Saudi Arabia, the Emirates ...are aware that the American debt is so huge that they will never be repaid .
China has no debts and enough cash to buy the USA.
Even if China has fewer customers for export, the extra cash can be used to create jobs and consume goods inside the country as the Chinese need infrastructure and lodgings


On Nov 23 07:58 PM mwswi wrote:

> brooklynbl,
>
> << Did you not read the news before writing this article? Obama,
> 2.5 million jobs, road, schools, infrastructure. Hello? >>
>
> Proposing the creation of 2.5 million jobs, etc. and successfully
> putting these ideas into play are two very different things...