Wednesday, June 29, 2011
FINANCIAL CRISIS IN US AND UK NOT RESOLVED; BIG CORPORATIONS DESCEND ON EGYPT
There are growing trade deficits in the USA and in parts of Europe.
China is booming; the USA and UK are not.
There is growing debt, both government debt and personal debt, in the USA and parts of Europe.
Interest rates are being kept low in the USA and UK. Monetery policy is loose. It is still too easy for certain people to borrow money.
The financial sector in the USA and UK has not shrunk.
The Bank of International Settlements, based in Basel, points out in its recent report that none of the problems that led to the financial crisis has been resolved.
(FT.com / Global Economy - BIS warns on domestic and international debt)
In the USA and UK, economic power lies with the big global companies.
These big global companies are happy to make money in Asia, Africa and South America.
These big global companies have no particular loyalty to the ordinary folks in the USA and UK.
Cairo - Daniel Mayer
On 27 June 2011 Tony Cartalucci wrote about the Corporate Locusts, the big global companies that are hoping to take over Egypt, Tunisia and other such countries.
"The very corporations that funded the think-tanks and media organizations that crafted and sold the entirely engineered 'Arab Spring' hoax to the world, have finally swarmed into Egypt to settle in and strip its lands clean."
US Senator John McCain recently led a delegation to Egypt and Tunisia.
"Traveling with McCain was a collection of corporate parasites from General Electric, Boeing, Coca-Cola, Bechtel, ExxonMobil, Marriot, and Dow who surveyed Cairo like conquering despots."
George Soros has been funding the drafting a of a new constitution for Egypt.
"The end game in Egypt, Tunisia, Syria, Libya, Thailand, Myanmar, and eventually China and Russia (is) to form a homogeneous, centrally controlled, one world government where megalomaniacs arbitrarily contrive the rules by which the rest of humanity is made to live."
"Boycotting and replacing entirely these corporations that are now parading around Egypt's Cairo must be foremost on our agenda."
Activist Post: Iceland Declares Independence from International Banks.
Many thanks to C. for the link.