Everyone has now realized that the United States is being swept into an uncontrollable spiral involving widespread insolvency of the country and gross incompetence of the U.S. elite in implementing the necessary solutions. The foretold US default is well underway as exemplified by the falling dollar and the flight of capital from the country: only the name of the liquidator and the recognition of the bankruptcy are still missing, but it shouldn’t be long now. Following the example of its leader, the Western bloc (which Japan has undertaken to move away from, implementing completely new political, economic, financial and diplomatic policies (2)), is in total decay symbolized by NATO’s coalition in Afghanistan (3).
According to LEAP/E2020, in 2010, the European Union having four strategic core requirements, will be compelled to take a number of urgent decisions in a context of a fast collapse of the Western camp that could be summed up as the US Dollar’s fate. The decisions taken by the EU will define the role the Europeans will be playing in the post-crisis world.
To date the total Russian grain harvest is 98.8 MMT in bunker weight, say the Ag Ministry, which is down on the 112.2 MMT harvested in bunker weight last season.
The wheat harvest has amounted to 62 MMT, they say, and the barley harvest 18.5 MMT.
If we convert that to clean weight then we should end up with a wheat harvest of around 59.5-60.5 MMT and a barley harvest of 17.5-18.0 MMT. That compares with a clean weight harvest of 63.3 MMT and 24 MMT last season.
The projected record harvest for the state's corn and soybean crops just keeps growing.
A revised forecast released today by the Kansas Agricultural Statistics Service called for the state to harvest 561.2 million bushels of corn and 146 million bushels of soybeans.
In the USDA’s recent crop produc-tion reports, the U.S. corn crop is pegged at over 12.95 billion bushels this year, just shy of the record 13.1 billion bushels harvested in 2007. If realized, that would make this year’s U.S. corn crop the second largest on record.
The nation’s soybean crop is expected to be a record, with projections of 3.2 billion bushels put forward by USDA in earlier reports.
In Nebraska, we are on track for record crop production. This year’s cooler and wetter growing season is now forecast to produce a record 1.52 billion-bushel corn crop for Nebraska. Based on Aug. 1 conditions, the report forecasts Nebraska’s record potential 1.52 billion bushel corn crop at 9 percent above last year.
According to Conab, the Brazilian Supply Corporation, Brazil expects the coming 2009/2010 grains crop to reach 141.1 million tons. This would represent an increase in the range of 2.9% to 4.8% over the 2008/09 record harvest of 135.16 million tons.
patience wrote:foreclose on everything they thought they "owned", and make them serfs forever.
IMHO, foreclosure victims are getting just what they deserved.
meemoe_uk wrote:Just wanted to add another option the money changers could take.
(j) Sack chindia.
It's well known that Chindia's economic boom has been financed by the west. It's popular these days to assume China is highly independant from the west. But remember what happened to the last Eastern superpower - the USSR. It turned out the USSR was a puppet of the western money changers created to scare and parry the US bloc. By 1990, after 50 years of apparent health, and at a convienient time for the west, the soviet bloc suddenly imploded on itself. This coincided with a time when the US industrial base was fast eroding - so no more need for a big enemy - and also preceded China's inevitable rise and interest in the middle east - the US needed to minimize opposition to it's plans in the middle East.
For some, this, along with investigations by those such as Antony Sutton's it was clear the western money changers had effective control over the Soviet union all along.
So, is this the same with China? Perhaps Rockerfeller and Rothschild have enough influence over the banks of China to effect the same sack as they've done so many times to so many countries in the past.
The scare stories we hear about china becoming an independant force, able to parry the west in geo strategy and soon able to push aside the west are to a large degree based on the idea that Chinese bussiness' is independant of the west. It is not, and not just in the limited sense that Chindia needs the west for exports. And not only in the sense that a large part of chindia bussiness is simply western companies taking advantage of cheap labour, raking in all the money themselves.
A large part of the 'truely' Chindian companys - those that aren't owned or financed by the west - depend heavily on loans from the central banks of China and India. Few companys there are independant of banks, state or western money.
Back when western banks called in the dollar loans and caused a world depression, China filled the void left in China's economy with $585bn equivalent Yen loans.
So, what happens if the banks call in all the loans? The same thing that always happens, the economy is sacked, the people at the top grab the lot.
If Rockefeller and Rothechild had the power to create and then destroy the USSR at will, then they can
sack Chindia.
SeaGypsy wrote:meemoe_uk wrote:Just wanted to add another option the money changers could take.
(j) Sack chindia.
It's well known that Chindia's economic boom has been financed by the west. It's popular these days to assume China is highly independant from the west. But remember what happened to the last Eastern superpower - the USSR. It turned out the USSR was a puppet of the western money changers created to scare and parry the US bloc. By 1990, after 50 years of apparent health, and at a convienient time for the west, the soviet bloc suddenly imploded on itself. This coincided with a time when the US industrial base was fast eroding - so no more need for a big enemy - and also preceded China's inevitable rise and interest in the middle east - the US needed to minimize opposition to it's plans in the middle East.
For some, this, along with investigations by those such as Antony Sutton's it was clear the western money changers had effective control over the Soviet union all along.
So, is this the same with China? Perhaps Rockerfeller and Rothschild have enough influence over the banks of China to effect the same sack as they've done so many times to so many countries in the past.
The scare stories we hear about china becoming an independant force, able to parry the west in geo strategy and soon able to push aside the west are to a large degree based on the idea that Chinese bussiness' is independant of the west. It is not, and not just in the limited sense that Chindia needs the west for exports. And not only in the sense that a large part of chindia bussiness is simply western companies taking advantage of cheap labour, raking in all the money themselves.
A large part of the 'truely' Chindian companys - those that aren't owned or financed by the west - depend heavily on loans from the central banks of China and India. Few companys there are independant of banks, state or western money.
Back when western banks called in the dollar loans and caused a world depression, China filled the void left in China's economy with $585bn equivalent Yen loans.
So, what happens if the banks call in all the loans? The same thing that always happens, the economy is sacked, the people at the top grab the lot.
If Rockefeller and Rothechild had the power to create and then destroy the USSR at will, then they can
sack Chindia.
No chance at all.
China's credit market is a precious fledgling followed by India's. This process is beginning in the East as it collapses in the West.
Just think of it this way (the banksters wet dream):
There are 3.5 billion people in East and South East Asia. That is at least 10 times USA consumer numbers. They are staisfied with a tiny fraction of wages in the west. They are used to paying exhorbitant interest on loans; 20% a week is not unusual (goole 5 for 1 loans). It is easy to do credit checks in Asia and people are very used to handing over very personal information to get credit. They are tech and computer savvy. They are adaptable to western modes of business. They are desperately trying to obtain even a shadow of western opulence.
Bankers wet dream.
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