In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘End of empire’

Kabul on razor’s edge

Posted by seumasach on February 27, 2012

M.K.Bhadrakumar

Asia Times

218th February, 2012

The killing in Kabul on Saturday of two high-ranking American military officials – a colonel and a major – serving with the North Atlantic Treaty Organization (NATO) will prompt a paradigm shift in regional security. Afghanistan surges as still America’s number one “hot spot”, over-shadowing Syria and Iran.

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Global Systemic Crisis: Towards a Renaissance in European political and economic integration

Posted by seumasach on February 19, 2012

Global Economic Anticipation Bulletin (GEAB) no 62

Global Research

18th February, 2012

As anticipated by LEAP/E2020, the fear largely fed by the City of London and Wall Street of a Eurozone break-up over the Greek debt crisis proved unfounded.

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HSBC to snub Chancellor’s £20bn loan plan

Posted by seumasach on February 19, 2012

This is yet another bailout- a handy 20 billion, but not enough to to prevent the inevitable: a run on the banks.

Telegraph

18th February, 2012

The British bank is understood to feel that the Chancellor’s loan guarantee scheme – which will see the Government loan money to UK banks to lend on to small and medium-sized companies – is not workable as it would prove to be too expensive under the structure being discussed.

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Posted in UK economy | Tagged: , , , , , | 1 Comment »

Treasury notes decline a third week amid optimism over greek debt bailout

Posted by seumasach on February 18, 2012

The Resolution of the euro crisis will be the trigger of the dollar crisis

Bloomberg

18th February, 2012

 

Treasury notes fell for a third consecutive week amid speculation Greece will secure an aid package from European leaders, discouraging demand for the safest assets.

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US lacks a champion in the new Egypt

Posted by seumasach on February 17, 2012

US lacks a champion in the new Egypt: AP analysis

Al-Ahram

17th February, 2012

 

The U.S. is losing old friends and can’t win new ones in the new Egypt.

Trying to secure a way home for seven American democracy experts trapped in the country, the Obama administration is facing a wrathful campaign of retribution from Hosni Mubarak’s old allies of the dictatorship, which the U.S. long supported but then turned away from last year.

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Argentinians stage protest rally against British-owned companies

Posted by seumasach on February 17, 2012

PressTV

17th February, 2012

Argentinean activists have rallied in the Argentine capital, Buenos Aires, demanding the closure of all British-owned companies operating in the South American country following the Malvinas Islands dispute, Press TV reports.

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John Williams of Shadow Stats “This is end of the world type stuff”

Posted by seumasach on February 12, 2012

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The Mystery of Quantitive Easing

Posted by seumasach on February 10, 2012

Craig Murray has hit the nail on the head. The official narrative is devoid of sense – it is merely a cover for the reality of further bailouts. We should be opposing QE i,e, bailout and, as a logical corollary, calling for the banks to be put through bankruptcy proceedings. This is the next step which must be taken if we are to avoid disaster. The state would have to take on some of the banks liabilities, having foolishly bought large shareholdings in some of them, and would have to guarantee deposits. The state itself would then be bankrupt and would have to negotiate a settlement with our creditors. Debt could be written off in exchange for our abandonment of our current aggressive foreign policy, our leaving NATO, and adoption of a policy of cooperation with our international partners. Like Scrooge buying a turkey for Bob Cratchet on Christmas Day, we would present the world with the long-awaited, ever more needed, peace dividend.

Craig Murray

10th February, 2012

The headlines all say that the Bank of England has pumped another £50 billion into the economy in the third round of quantitive easing. In fact, the money will not get far into the economy. It is given to the banks and other financial sector companies, and evidence from the previous £250 billion worth of quantitive easing is that almost all of it will stay there, being very handy stuff with which to fund massive salaries and bonuses.

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Webster Tarpley in Iran: “US wages wars to avoid dollar collapse”

Posted by seumasach on February 9, 2012

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PHONY DATA: America’s “January Jobs” are Statistical Artifacts

Posted by seumasach on February 7, 2012

 Paul Craig Roberts
7th February, 2012
Last Friday the US Bureau of Labor Statistics reported that in the first month of this new year 243,000  jobs were created and the unemployment rate (U.3) fell to 8.3 percent.  This good news is a mirage. It is due to faulty seasonal adjustments and to the BLS birth/death model. In a prolonged downturn, seasonal adjustments and the birth/death model produce nonexistent employment. 

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The real economic picture

Posted by seumasach on February 4, 2012

Paul Craig Roberts

IPE

If you have any money and you want to understand the lies that “your” government tells you with statistics, subscribe to John Williams shadowstats.com.

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